Thread regarding Truist Bank layoffs

Think about this, we're laying off thousands to save one guy's job

All this is being done to keep Bill as CEO.

He must be a helluva guy.

by
| 10341 views | | 7 replies (last October 1, 2023) | Reply
Post ID: @OP+1oQdt5xk

7 replies (most recent on top)

Bill is a pustule on the backside of an ape. Not human

by
| | Reply
Post ID: @2nxu+1oQdt5xk

Executives bring the magic. I’m happy knowing we have a first round pick in the CEO seat.

by
| | Reply
Post ID: @1iiv+1oQdt5xk

Think about how many revenue producing jobs were cut to fund the competitive juggernaut that is the Truist Leadership Institute.

There is something mildly amusing about the tone-deafness involved in Truist teaching “leadership” at this point. I can only imagine the curriculum.

Day One - “How to cut your market cap in half in three years”. Day Two - “You too can alienate all of your employees with these simple strategies”. Day Three - “Who needs pesky customers when you can sell off your profitable segments to fund executive salaries”. Day Four - “Best tactics to create a Board to eliminate executive oversight”.

by
| | Reply
Post ID: @1ylp+1oQdt5xk

"Sad thing is, most, if not all, of those in EL and other EVP positions likely have very attractive employment agreements, aka Golden Parachutes."

Well, to be fair, they do all of the heavy lifting. The rest of you are just there to implement their ideas and fill in the details.

by
| | Reply
Post ID: @vwk+1oQdt5xk

Sad thing is, most, if not all, of those in EL and other EVP positions likely have very attractive employment agreements, aka Golden Parachutes. Make me sick thinking about it

by
| | Reply
Post ID: @wwn+1oQdt5xk

Thanks everyone!

by
| | Reply
Post ID: @bos+1oQdt5xk

What if…. Bill gave back his 27% raise and the rest of EL who got 110% bonuses last year gave half of it back?

Imagine how many jobs would be saved. Wouldn’t this demonstrate Truist purpose and values?

by
| | Reply
Post ID: @bwp+1oQdt5xk

Post a reply

: