Thread regarding Truist Bank layoffs

800 thrown from the bus in Q12020

From the Charlotte Observer: https://outline.com/xaCpws

This is just the start. If you are in branch banking....not good.

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| 92021 views | | 7 replies (last May 13, 2020) | Reply
Post ID: @OP+14BYeHgX

7 replies (most recent on top)

And those of us that have RSUs and have been used to getting bonuses are kind of stuck waiting it all out. If you leave, you forfeit your RSUs. But if you stay and get let go, at least your RSUs vest immediately so you have that to fall back on.

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Post ID: @lpal+14BYeHgX

Those reductions won't happen till year end 2020.

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Post ID: @eylu+14BYeHgX

Collections and call centers, I heard the next is in Deposits, not sure what that division does.

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Post ID: @8udt+14BYeHgX

Any idea what specific divisions were affected?

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Post ID: @7xfd+14BYeHgX

Agreed

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Post ID: @izm+14BYeHgX

You watch, Truist will use Covid 19 to layoff with no severance because there will be no money .

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Post ID: @clk+14BYeHgX

Not surprised, they're terrible people after John Alison retired. The smart ones already left. I feel bad for all the dedicated workers who at the end got thrown under the bus. More to come unfortunately.

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Post ID: @pfd+14BYeHgX

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