Be it a pair of ba--s of ovaries, you need to man/woman up and determine what your future is going to be like. Nobody else can do that for you. Coming here and venting is great and all but you should be doing something to change your circumstances at the same time. There'll be no better time than now to find a job, so take advantage of it. Make sure your future looks brighter than your present.
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@6jin+1cY3A7bJ - Excellent advice, and I agree it is time to move forward - there are fantastic opportunities out there, WAY better than the mess that is Truist.
One point of clarification - I think what upsets the vast majority is they know EXACTLY why they were chosen. If it had been due to performance metrics it would have been much easier to accept. Their unpardonable sin was they were heritage BB&T, and the BB&T Executive Team chose merger payouts over doing the right thing and supporting their employees. That is what stung.
For whatever this is worth to those hating on "Tough Love":
The situation you are in is awful. The loss you are experiencing is difficult, and it feels terribly personal. However, your situation is not unique, as it's something others experience at other organizations. Of all the people that could be chosen, why did they pick you and not someone else?
Those are great questions to have answers for, but you won't get an answer. With the adoption of analytics in organizations, you could have been chosen for any number of reasons that are beyond your control. It could have been due to politics, or being tagged due to an analytics metric. You'll never know. It happens to many of us.
It's maddening, and it feels terrible to be picked. But being picked and remaining angry doesn't change your situation or the reality of the world as it is today. Take some time to mourn the loss, accept the situation, and move forward. It's difficult at first, but it gets easier over time. Eventually you'll find a healthier opportunity that works for your situation. It takes time and effort, but it can be done.
I've been in your situation. It gets bad. Remaining upset makes it worse. Taking action to move forward makes it better.
Tough Love - No one is arguing against the need for evolution and change. The world is moving forward, and I don’t think anyone would argue that BB&T needed to evolve as well. What bothers people is tearing something totally down and creating tremendous pain for absolutely ZERO benefit (except enriching executives). In most cases, Truist is in WORSE technological shape now than either SunTrust or BB&T pre-merger.
You are strangely ignoring the issues specific to this particular merger to argue a global “all change is good” mantra - and are taking the attitude that “if you don’t agree with me, you are living in the past”. This merger had absolutely nothing to do with building a technology bank for the future…it was an ego-fueled executive boondoggle from the very beginning. That fact is painful for many who dedicated their lives to building something, and watching the joke it has become.
@4yye+1cY3A7bJ - Mine isn't an 'ageist' criticism, it is a question of change. Are you ready for an accepting of change? You immediately jumped to a conclusion that because I am questioning your resistance to change, I'm a millennial. Wrong again. I'm 20+ years removed from that age group.
EVERY industry from Yellow Cabs (e.g. Lyft, Uber) to Food Service (e.g. Door Dash, Grub HUb) to Wealth Management (e.g. Wealthfront, Robihnood) are seeing constant disruption and break-neck speed transformation and in many cases destruction. My suggestion was that you embrace it and stop wasting time complaining about how it isn't fair. Nothing is fair. Don't be a victim. Pick your head up out of the current comfortable sand, look at what is happening around you, determine if you have a place in the new org and change to meet that need. If you don't want the new opportunity or like the way the bank is going, ACTIVELY start looking outside and/or take on a new skill.
PS - I'll say it again...coal is dead and dying. Feel free to go long on Coal:
- https://www.statista.com/statistics/744947/capacity-factor-of-coal-power-plants-in-the-us-by-unit-type/
- https://www.eia.gov/energyexplained/electricity/electricity-in-the-us.php
Don't be a coal miner.
Tough Love - according to you, you left over a year and a half ago. I am confused as to how you can so confidently lecture people still at the bank on how Truist is transforming into a “nimble modern tech” company? Let me spell out the issues for you, so you can quit lecturing us based on erroneous assumptions.
While they were done callously, people aren’t just whining about layoffs - those happen. What they are upset about is: a) the 100% political (not merit based) nature of the RIF process, b) a tech systems selection process based primarily on “what is easy for SunTrust”, and not on an objective assessment of future technology needs. In essence, we went through a lot of pain, and are LESS technologically capable (with a WAY more toxic workplace) than before the merger. That is the issue - not a fear of having “cheese moved”.
Dear T L, You really are condescending, aren’t you. And, you show indications of being an “ageist” too. Suggestion: Put down the cellphone and talk to people outside your limited community.
Grow a realistic view of your generation’s contributions to the world and adaptive skills, which are yet to be proved.
The people you are discussing all learned to be proficient with cell phones, computers, apps, streaming, and all other forms of technology, which that generation learned despite perhaps not growing up with it. That generation has proven it can adapt to change.
You seem to think that everything old is bad and should be replaced. That is very limited thinking. Some ideas, values, traditions, cultures, etc. should be retained.
You appear to want to scrap everything without hearing other views. How very young and inexperienced. I bet you’re thinking that your college degree makes you worldly-wise beyond your years and you don’t need others’ input. Good luck with that.
By the way, if you think “ Coal is dead and dying “, you really should do more research to learn how much of your comfortable life is a result of the still very viable coal industry.
"Tough Love probably works in mgt"
"Tough Love would like people to just work like crazy"
"The complaints annoy Tough Love because it means that she/he must pretend to care, and Tough Love worries about what will happen if the little people don’t keep up the pace"
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You couldn't be more wrong on all of these points. I left the bank over a year ago and wasn't in Management. Still have many close friends there.
I wasn't a BB&T/Sun Trust "lifer" so I was well aware of what "digital transformation" looked like. I found many around me where not. Many had been at the bank for 20+ years and were always waxing affectionately for an era long gone. Meanwhile technology, the market, the workforce....all of it had transformed and evolved.
My confusion and dismay is focused on the denial I see expressed here. People are wasting valuable time complaining about how the earth is moving underneath them. Get your head out of the sand, look at how the game has changed and 'course correct' to meet the challenge. You're like miners bemoaning how tough it is to make a living getting coal out of a ho-e in the ground. Coal is dead and dying and they will die with it unless they take action.
The world has moved on. MOVE WITH IT! Don't be a coal miner.
Tough Love probably works in mgt, which means Tough Love is not experiencing the difficulties that non-mgt people are. Tough Love would like people to just work like crazy and not have to listen to their complaints, requests for a decent work/life balance, and desires for fair/extra compensation for the unpaid overtime hours they are working to make Tough Love and his ilk meet the deadlines that they are passing on to the people who report to Tough Love and others.
The complaints annoy Tough Love because it means that she/he must pretend to care, and Tough Love worries about what will happen if the little people don’t keep up the pace.
Also, IMO, Tough Love appears to have difficulty dealing with different age groups. Very condescending and arrogant. Empathy challenged?
If you don’t believe the VSRP and other RIF’s haven’t been targeted for people who are A. 55 and over B. HBBT employees you have had your heads in the sand. Don’t believe the BS about the technology improvements. That was going to happen anyway. The people now leading groups and their underlings are focused on saving their own arses and not make a better bank. The focus has been on getting younger and cheaper. Suntrust has defined this merger and protected their own even when it obviously is not in the best interest of new bank. Long live SunTruist!
The comment from "Tough Love", although unpopular is right. Everything ends. Accept that and adapt to the world as it is, not how you want it to be.
The book "Necessary Endings" by Henry Cloud may help.
“ being transformed (dragged) into what has been a modern data-driven, nimble corporation”
Bwahahahahaha!
Oh wait..... you’re serious?
Truist better change from a culture of incompetence to survive...... I’ll give you that. Right now there’s no indication that
I hate to say it but these two old banks and their quaint, old school cultures are being transformed (dragged) into what has been a modern data-driven, nimble corporation that started happening for most companies in 2000. All you lifers are enamored with what the bank 'used to be'. That is nostalgia, like Mayberry.
These two entities combined because they HAD TO in order to compete and survive. Now the corporate cultures will need to change and modernize with it.
I am sorry someone moved your cheese but the world has moved on from the 'small town bank', quaint branches with coffee and donuts, fax machines and mainframes. What you are fighting is change. Change is hard. Don't blame the bank. Look in the mirror. I agree with the OP; stop your b1tchin'.
September 30th, you finally see all the people who took the voluntary retirement package be gone for good and with them, the knowledge gone. These were the "Best of the Best", they knew it was time to leave this sinking ship. I wish them all well!
hSTI employee I bet!
I did and will be leaving under VSRP.