Thread regarding Truist Bank layoffs

Another week of h*ll, any word how many layoffs happened the last coupe weeks?

I freaking knew it. Those damn raises were horrible. Leadership is a joke and so is that survey. I feel as if I have been slapped by Will Smith. Truist is underwater and after my vacation time is up and that high taxed bonus is in my pocket. I might leave too. I have been one of the highest production teammates in my department. I am sick of being under valued.

What did anyone expect. Leadership doesn’t care about you. They certainly don’t care about clients.
At least Beau and Donta are still raking in the executive bucks

All they care about is the stock and to do that, they must reduce costs. Once they achieve their synergies, they'll sell and get out of Dodge. Not the way to be successful, that's why Kelly is out, he cashed out and soon many more will. If you have stock, better to sell sooner than later, eventually people will see how they destroyed this institution and the stock will plummet.

I spoke with two senior executives last week and they told me the same. I was asking them what their plan is for retaining talent because I’m losing all talent in my department because the bank does care to retain them. I told the executives that I’m not being paid enough to be dealing with the non stop turnover in my department and rehiring and training ect. I was trying to see if they can boost pay to keep top performing instead of rewarding them the same as low performing. They told me that the bank has no plans, we will lose good people and the bank can’t afford to give them a fair recognition raise for their hard work, meanwhile they told me all year they would be able to so I told my people to work hard and they’ll be taken care of, it was all a lie to get some last performance out of them before they quit. I was told for myself if I want more pay because of the stresses of turnover in my department that I should wait until now and look for a higher paying role when everyone leaves because of the low recognition the bank has been paying to top performing people. They said we know everyone with talent is going to leave once they see these raises, they said that I should find my happiness in someone else’s misery. I explained how can I be happy then? If you short changed them while they performed and I was short changed now for high performance, why should I go to a higher paying role where you’ll also not reward and take care of me? They had no answer. I don’t get this whole new truist culture, it’s sickening how morals and ethics went out the window and we are supposed to give the appearance that truist cares to clients meanwhile we can’t even manage to care about teammates. Clients know no one cares because the teammates are treated poorly and it goes right back to the clients. Until this bank learns to take care of their people, nothing will get done. They claim that they want to make communities we live in a better place although they want to treat everyone in their own house like dirt. I can’t see this company staying alive much longer with this culture and under appreciation of staff. I literally beg and plead for my staff and try to represent them and their frustrations and middle management and executives don’t care at all, they are robotic say the same scripts and read spreadsheets and leak purple in the facilities. I don’t see any future here for people who are hard working, this is crazy bc I planned on retirement here. I hope things change and leadership is replaced. This swamp needs to be drained and get people in leadership who knows to put teammates first.

When it rains, it pours...