Thread regarding Truist Bank layoffs

Nothing works and there is no accountability

Nothing here works or functions as it should. Systems are clunky, frequent outages, and there is no ownership/accountability from teams that are supposed to be the ones maintaining things. Every thing is reactionary because apparently it’s better for things to break and fail constantly than proactively maintain and improve.

I’ve never seen a more clunkier, inefficient, poorly integrated tech stack than at Truist. ML, teammates don’t bank here because things are broken! But I guess being in-person and offshoring is going to fix everything!


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| 155 views | | 7 replies (last 19 days ago) | Reply
Post ID: @OP+1m5n6prew

7 replies (most recent on top)

Is that why it takes two weeks around here before access is granted to everything that a new user (or folks returning from leaves of absences) needs? Does it take other top performing organizations this long? Spoiler: NO

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Post ID: @eb+1m5n6prew

Project Star outsourced many operations teams with knowledgeable people and replaced them with contractors or MSP labor via layoffs, but to save money there was virtually no overlap for knowledge transfer. Then came the WF and BofA mgmt that has laid off or run off many more. The issues being experience now are just the end result of management decisions made years ago. You can’t get that experience and knowledge back once you show or shove it out the door!

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Post ID: @cz+1m5n6prew

@ch I know from personal experience there is some shady relationships between ITCD and the vendor/contractors.

Certainly ties into what you just pointed out. This Fraud is one driving forces behind the GCC.

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Post ID: @cm+1m5n6prew

@OP Tech, Ops and Risk have been failing for years. We do window dressing to pretend something it's being addressed but Risk downplays the materiality to avoid regulator and audit criticism that might mandate improvements because cost benefit of the remedial work doesn't meet the ROI threshold set by management

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Post ID: @ch+1m5n6prew

@a1 “works” is an interesting way to phrase it. More like “works, sometimes, maybe, eh, who knows”

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Post ID: @a3+1m5n6prew

Couldn’t agree more. It’s BAD, like BAD BAD. Can’t even count how many times I’ve flagged an issue to the team listed as the owner who then either ghosts me or require me to follow up multiple times to be acknowledged.

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Post ID: @a2+1m5n6prew

Welcome to large corporate IT systems.

Where the workaround for the workaround for the workaround for the system installed in 1994 still works, and management needs less expense and more visible wins than the boring, humdrum, lame, and not cool cleanup of technical debt.

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Post ID: @a1+1m5n6prew

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