Thread regarding Truist Bank layoffs

Morale has hit a new low

It feels like the leadership is intentionally creating a hostile work environment for whatever reason. It makes no sense to me.

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| 23201 views | | 12 replies (last November 25, 2023) | Reply
Post ID: @OP+1pHpXqvy

12 replies (most recent on top)

How can you work in banking and not know banks giving donations to their community is standard practice. What a dork.

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Post ID: @4rps+1pHpXqvy

Truist is a not for profit bank. Haven’t you seen the millions of dollars handed out to “build better lives and communities” at the expense of shareholders? Just check LinkedIn and it’s a philanthropic beauty contest. Anyone with a shred of talent in commercial is gone or better be inflating a life raft. And right about now, leadership should begin to understand, albeit 4 years late, that the DEI hiring priority over the most qualified individuals for the roles was the beginning of the end. The whole lot should be sued for mismanagement, which appears inevitable if the board doesn’t act by year end.

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Post ID: @4key+1pHpXqvy

“Quiet quitting means doing your job and no more. It does not mean do nothing and wait to be fired. Don’t go above and beyond, don’t do anything out of your scope of responsibilities. The Bank won’t be giving you anything extra, so you should do the same.”

Sounds like the real Truist purpose, because this is all I see. Management supports the people that do this, and will protect them. This is the great culture they created.

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Post ID: @2qbf+1pHpXqvy

Quiet quitting means doing your job and no more. It does not mean do nothing and wait to be fired. Don’t go above and beyond, don’t do anything out of your scope of responsibilities. The Bank won’t be giving you anything extra, so you should do the same.

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Post ID: @1nqu+1pHpXqvy

The layoffs will continue until the morale improves.

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Post ID: @1phx+1pHpXqvy

I think the term is quiet quitting. Show up get the check and wait on the pink slip.

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Post ID: @dva+1pHpXqvy

Pretty simple. A highly competitive business predicated on effective client service, run by an executive team who doesn’t see any value in the employees who provide the service. If that isn’t a recipe for success, I don’t know what is.

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Post ID: @wis+1pHpXqvy

They lost the company when they decided to shuffle around EL instead of holding them accountable. Most are actively looking or moon lighting working two jobs as they await their layoff notice.

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Post ID: @juv+1pHpXqvy

All is good Teammates, Bill is going to communicate to again soon:
CHARLOTTE, N.C. , Nov. 21, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chairman and Chief Executive Officer Bill Rogers will present at the Goldman Sachs 2023 US Financial Services Conference at 10:40 a.m. ET on Tuesday , Dec. 5, 2023, in New York City .

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Post ID: @dpo+1pHpXqvy

As soon as they chose the name ‘Truist’, I knew they had lost the plot. They were sacrificing everything to try to be a national bank. ‘Commercial growth engine fueled by a regional deposits powerhouse’ is quite possibly one of the d-mbest phrases I’ve ever heard. We’re too big to be anything resembling a community bank and too small to be JP Morgan. Worst of all worlds.

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Post ID: @lwu+1pHpXqvy

Morale and productivity. I've noticed most people are checked out not knowing if they'll get cut whenever the next round happens.

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Post ID: @xxt+1pHpXqvy

Easy. They don’t want you. They’d rather have low paid contract labor, preferably serfs, than teammates. They don’t believe you add any value, they think you just follow instructions and if someone else can follow them more cheaply, all’s the better.

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Post ID: @hlh+1pHpXqvy

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