Thread regarding Truist Bank layoffs

Things are getting worse

The number of employees who are hoping to get laid off is growing every day. The number of employees who are applying and hoping to leave is also increasing all the time. I wish the leadership would realize they are at risk of losing most of their best people before it's too late. Only those who have no other options will be left in a few years.

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| 49021 views | | 13 replies (last October 3, 2022) | Reply
Post ID: @OP+1iU5u2W3

13 replies (most recent on top)

The layoffs are still on track, the first round is back office people, especially if your remote.

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Post ID: @7kuq+1iU5u2W3

So the word is lay-off’s were postponed due to hurricane Ian. Bad PR if you’re laying off people as the hurricane passes over them.

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Post ID: @7zto+1iU5u2W3

So Case, Myer, their minions and nCino are going to save this bank. Now that’s a plan!

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Post ID: @5pdo+1iU5u2W3

Goodbye Deposits!

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Post ID: @4crs+1iU5u2W3

It was a roll up that had run it’s course

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Post ID: @3tca+1iU5u2W3

I don’t even want to hear this nostalgic garbage at bbt October was rif season so that they could get u off of the books by eoy. It wasn’t all milkshakes and rainbows

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Post ID: @3ndb+1iU5u2W3

Why even the need to elaborate? Layoffs are a way of life now. Layoffs and treating employees like trash is what SunTrust is about, and they run the bank now.

At this point everyone left at Truist knows the “game”, has personally witnessed the “Truist treatment” of coworkers and friends, and fully understands the morals of their executive team. If they are fine with all of it and decide this is the type of company they want to work for, then at some point you get what you deserve. Harsh, but the truth.

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Post ID: @2het+1iU5u2W3

To SVP in the Know: Wish you could elaborate.

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Post ID: @2azm+1iU5u2W3

Correction, under 43$. Anybody remember this:
As part of the deal, SunTrust shareholders will receive 1.295 shares of BB&T for each share they own. The per share deal value of $62.85 is at a 7 percent premium to SunTrust's closing price on Wednesday, according to a Reuters calculation.
And this:
U.S. regional lender BB&T said it will buy rival SunTrust Banks for about $28 billion in stock.
BBT stock was upper 40’s at the time of the alleged purchase of Suntrust.

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Post ID: @1ele+1iU5u2W3

People still work at Truist???

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Post ID: @1plr+1iU5u2W3

With a stock price of 43$ it’s only going to get worse and quickly.

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Post ID: @1kfh+1iU5u2W3

They already lost the best people with the VSRP.

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Post ID: @ion+1iU5u2W3

Are you under the impression that they care? If so, you’re sadly mistaken!

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Post ID: @cmq+1iU5u2W3

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