Thread regarding Truist Bank layoffs

Cry more.

RTO is a joke until it is implemented 100% to all levels (looking at you all new executives based all over the country working from your home) and just a way for management to feel superior to us peons. My manager and her manager are both on the same page that until the tone at the top changes and ALL of them are back in the office, they are not holding us accountable for the RTO. The entitled elitist attitude at the top levels of this bank are infuriating, they honestly think they are better than the rest of us and their rules don’t apply to them.

You’re right about disparate treatment based on performance. Merit, bonuses, PIP…. It you make a great point: if WFH were a perk or a non-money “bonus” for a quarter or whatever, that might change this whole topic. It would test EL’s theory that everyone being in the building makes the whole org more productive. Hmmmm…..

"The 90% of productive people have to be managed the way the 10% slackers are, and you can’t say “productive people get to stay home and unproductive people come in”."

Uhhh... why is that? We PIP unproductive workers but not productive ones. We give larger merit increases to people who do better than others. Why, we give big retention bonuses to our superstar executive teammates (lol! almost had you there) but not the lowly peasant employee. Disparate treatment is part of the whole punishment/reward system.

RTO never was and is not now about productivity. It’s about managing to lowest common denominator and labor laws. The 90% of productive people have to be managed the way the 10% slackers are, and you can’t say “productive people get to stay home and unproductive people come in”. The sooner everyone figures this out the better. Don’t be ticked at your manager or the bank; be ticked at the fact that working from for too many people means full time pay for part time work. I’m not supporting it, I’m just observing it.

If they were honest about RTO, for the teams that would benefit from RTO, and yes there are teams that would, they would shuffle people around so teams were based on location. There's absolutely no point in going into the office if your teammates are not there too.

If Truist was making business decisions based on evidence backed studies they'd sell their back office real estate, spend some money teaching the old managers how to lead a remote team and send everyone fully remote. Stretch the hiring footprint across the country and benefit from their existing below market pay now being on parity because of the remote benefit. The RTO stuff has nothing to do with getting maximum productivity or maximum quality from the workers and anyone who isn't drinking the kool-aid knows that.

Shadddup and go to work. Nobody cares about your feelings! Truist has a business to run.

"We merged 2 banks from our homes."

Bwahahahaha! No, you did not. I don't know what to call it, but it definitely was not a merger! Maybe if everyone had been working in the office, it would have been less of a cluster**ck.

The bank hates their employees. It’s that simple.

I bet you can get a job at one of those firms - JPMC on that list?

Well if you are posting on here about pension being eliminated I assume you are turning yourself in do regulators for breeching fiduciary responsibilities of the pension

Lol pension is staying. Any a--hats see our earnings?

Pension being eliminated in February- confirmed in high level HR / benefits meetings. More offshoring to Accenture and Infosys as well in Q1