What’s happening out there?
9 replies (most recent on top)
The reason for the decision to have the layoffs each last week of the month no to overwhelm HR with the severance process. The layoff process implemented is from the Boston Consulting Group, BCG, This is the company Truist has retained to achieve innovate and achieve sustainable competitive advantage in this industry.
When was it said that there would be layoffs during the last week of every month? Was it discussed in a meeting of some sort?
Week of the 21st will be another round, last week of every month. I have no idea which departments, just the knowledge that this is their action plan for laying off employees and tightening the efficiency ratio bank wide.
Anything happening out there?
I received notification on Aug 25th that my last day is Oct 31st, after more that 18 years...Thank you very much.
what is happening in the trust dept?
It's ridicules, They RIF several people in the department and divide their work to the remaining few employees and asking for efficiencies in the workflow process I'm the stupid one just getting trampled by the SVPs. I should have left years ago.
Do you know which departments?
Next round of layoffs will be the 3rd week in September.