Thread regarding Truist Bank layoffs

2020 Layoffs at Truist

Make your predictions here!

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| 74302 views | | 6 replies (last December 17, 2019) | Reply
Post ID: @OP+12kQHYZh

6 replies (most recent on top)

You don't get $1.6B in annual cost savings by getting rid of fully depreciated assets, buildings and old software maintenance fees. Got to cut people.

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Post ID: @emsc+12kQHYZh

More to come. Attempting to get them in by 12/31. Some areas will not make it. Regarding 2020, look at most areas. Lot of padding. Managers who are not new to this game have built in disposable people for next year. Look in the mirror, if you’re smart you’ll know if one of them is you!

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Post ID: @cuzu+12kQHYZh

Layoffs are happening. As usually, Kelly wants to keep it quiet.

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Post ID: @bedh+12kQHYZh

Dream on. Bb&t has not had a year without layoffs in over a decade.

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Post ID: @blmw+12kQHYZh

There were some today.

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Post ID: @9zyl+12kQHYZh

I do not think anyone is predicting layoffs in 2020. After that, not sure but not in 2020. They will take time to organize departments, merge things etc. That is my prediction.

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Post ID: @8ovf+12kQHYZh

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