Thread regarding Truist Bank layoffs

Closing Branches…but no one is losing their job

We found out what branches will be closing in March 2023. But was assured no one is losing their job. Where will we work if there are no openings within a hour commute. Was also told that staffing in the branches will be analyzed again in January. We all know that means staff cuts. Anyone have insight on layoffs for branches and possibly Operations? My question is “what does Operations BOP’s do? If we cut staff - people will just quit. This past year was the worse in my working history all do to staffing. Definitely not ideal working conditions.

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| 52181 views | | 20 replies (last August 24, 2023) | Reply
Post ID: @OP+1jF9XUbq

20 replies (most recent on top)

As a Truist customer we were not even notified of the closing. We were on vacation and came home. I had a cash deposit to make. Drove up and everything was shuttered. You have to understand Truist. These bank employees were like family. They knew every customer and face by name. They asked about our families. Didn’t even have a chance to say Thank you or good-bye. Now we have to drive downtown to a small parking lot and go inside for every transaction. We are transferring to a different bank. Not the way to keep customers.

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Post ID: @4Bsdf+1jF9XUbq

As a customer there is no sign or info informing the Truist customers that their bank location will be closing in roughly a month. We are in a rural area and this "little" branch handles quite a few customers. I can't believe they didn't map out their customer addresses and realize that they will most likely lose a large percentage of those customers because it will force people to go between 7-18 miles further just to get to the other Truist location. Way to go Corporate.

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Post ID: @1qelm+1jF9XUbq

I am

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Post ID: @1iclo+1jF9XUbq

Does anyone have a complete list of branches closing down? I cannot find anything anywhere.

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Post ID: @19eba+1jF9XUbq

Pay attention, people, we are losing the economic growth which had been experienced during the last 10 years. Go the Truist branch in Largo, and you do not even have a sign posted to go to a nearest Branch. Just CLOSED.

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Post ID: @Zarr+1jF9XUbq

They basically told their employees take what they have to offer or quit there is no severance pay. Some of their employees. Cannot take what they have to offer because they don’t have the ability to commute they walk to their current location.

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Post ID: @Xjue+1jF9XUbq

Using TRUIST as a base, drop the "I" and what do you have TRUST, and that isn't something that I can not do with this business

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Post ID: @Koqa+1jF9XUbq

They're closing branches everywhere, PNC, Truist, Wells. Banking is not a great career anymore. Truist is the only one not transparent and will lead you on until you're not needed anymore. Get out if you van, the SunTruist way will only get worse and the employees that been converted to SunTruist will sp-t you out like a used piece of chewing gum.

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Post ID: @Dihc+1jF9XUbq

Is there a list of the branches closing in March 2023?

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Post ID: @Drte+1jF9XUbq

Before I left (2021), I saw a spreadsheet that listed all the branch closures over the next 10 years.

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Post ID: @Asbo+1jF9XUbq

We were told our branch is closing before Thanksgiving as well. They said we would all have jobs. There is a hiring freeze so looking for something internally is thin pickings. Really sad to tell us before the holidays.

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Post ID: @vmso+1jF9XUbq

Truist stands for better!
Not better working conditions
Nor better stock performance
Nor better executive leadership
Nor better opportunities
Certainly not better client experiences

Better for Beau and Bill though

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Post ID: @8lif+1jF9XUbq

Everyone is so spot on. The bank uses you up and throws you away. Everything we were told would not happen during/after merger has happened. No mgr support and exec mgmt is demeaning and condescending to associates. Horrible satisfaction surveys about exec mgmt and they tell the minions we are the ones that have to do more and have to do better.

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Post ID: @7rkv+1jF9XUbq

DON'T BELIEVE THAT!!! They just trying to keep everyone from leaving before that time. GET OUT NOW

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Post ID: @4oyc+1jF9XUbq

Are all states having branch closures? If not, which ones will be hit the most?

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Post ID: @3shi+1jF9XUbq

Anything to pump up the falling stock price.
Anything

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Post ID: @2mzj+1jF9XUbq

Many branches closing by me, everyone not getting jobs. They are frightened and applying everywhere, no openings that are comparable and in area, the bank just doesn’t care. News had no heads-up, news dropped right before thanksgiving and Christmas, truist stands for better. This bank doesn’t care. They are laying off so many banks by me and sending longtime employees who were loyal pre merger onto the streets looking for a job, meanwhile they could have and should have left when truist was struggling. Now it’s gridlock with holidays and family matters and they want people to get their resumes ready because truist is done with them. Pretty toxic. Definitely one of the worst banks I’ve worked for. They are making their rounds.

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Post ID: @2xjz+1jF9XUbq

Glad I took retirement pkg and gone from all the stress and mistreatment. God Bless to you all and especially this time of the year! God only gives you what you can handle…you will move on and find a better place to work.

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Post ID: @1lfh+1jF9XUbq

I can confirm. Internal reports tie job reductions to branch closures. We expect every affected to banker to be gone within 4 months.
Ask your boss…..
They know

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Post ID: @1xza+1jF9XUbq

"But was assured no one is losing their job."

Please tell me you aren't gullible enough to believe that! After all you've seen since the merger first began?

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Post ID: @1egy+1jF9XUbq

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