Thread regarding Truist Bank layoffs

Region Consolidation ??

I have worked at both organizations. I am surprised after the Suntrust takeover that there are still as many regions and layers. With cost cutting initiatives running rampant, is anyone hearing a flattening of the org structure and region count?

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| 22871 views | | 5 replies (last April 21, 2023) | Reply
Post ID: @OP+1lOsAMU0

5 replies (most recent on top)

The funny part is executive management thinking they can job cut this company back into relevance. SOSDD for those who don’t know what that is look it up.

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Post ID: @rnix+1lOsAMU0

@qdkn+1lOsAMU0
...and now we can't record meetings. Coincidence?

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Post ID: @qubl+1lOsAMU0

Rumors have it that the leadership from all business divisions is meeting in Charlotte… probably discuss headcount reduction in each

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Post ID: @qdkn+1lOsAMU0

Already happening, RM’s are being riffed or moved into lesser roles as consolidation is occurring.

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Post ID: @1pbq+1lOsAMU0

Region consolidation?? Flattening the org structure?? That would require that leadership actually do something! Donta be ridiculous!!!

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Post ID: @fre+1lOsAMU0

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