Thread regarding Truist Bank layoffs

RIFT Not a Total Surprise

After 12 years with BBT/Truist, I was RIFTed this week. My technology team lost 1/3 of our technical talent, including me.

I'm not bitter or angry. It's Corporate America. I've been preparing for this day since the merger was announced, both financially and emotionally.

Time to move on.

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| 25181 views | | 10 replies (last April 24, 2023) | Reply
Post ID: @OP+1lPX0yXw

10 replies (most recent on top)

So I just got downgraded on LifeForce. Is anyone paranoid that RIFs may take "trimming the fat" rather...literally? Weight is not legally a protected class but misusing medical information like our lab work seems like it should be illegal.

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Post ID: @tgeh+1lPX0yXw

@3xgg+1lPX0yXw is spot on. The selling of your offshore brothers and sisters as an asset to you and your job is ramping up. This means many of you will be replaced in the coming months. Don’t be fooled!

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Post ID: @5gfk+1lPX0yXw

Off shoring of your job will pick up pace this year. No one is safe even client facing will downsize through consolidation of small regions into larger ones. Executives are feeling the heat of 25 billion loss of market cap and you are the only source of savings they have. They are really kind of f****d as the more they cut the more customers and clients are affected. Perception is reality.

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Post ID: @3xgg+1lPX0yXw

Anyone else's manager dropping hints about have to meet certain metrics to "determine our future"? Note this sounds to me like our small team all being RIF'ed by eliminating positions versus individual layoffs.

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Post ID: @3kvp+1lPX0yXw
RIF= Reduction in Force…what is the “T”?

Reduction In Full Time, the force stays the same, just composed of offshore now. 🤣

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Post ID: @dxj+1lPX0yXw

Very sorry to see this. What organization were you in?

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Post ID: @aqz+1lPX0yXw

Hopefully you left with some decent skills that are marketable elsewhere.

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Post ID: @pvk+1lPX0yXw

RIF= Reduction in Force…what is the “T”?

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Post ID: @mvo+1lPX0yXw

Like an old Southern tabacky shack on some barren acre of land, BBT/Truist is deteriorating and falling apart
Their loss
Plenty of good places to work
Forget this nightmare

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Post ID: @buz+1lPX0yXw

Sorry to hear that. What area did you work in?

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Post ID: @rju+1lPX0yXw

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