Nothing of meaning was done at the top to thoughtfully and purposefully realign our business to execute flawlessly to allow us to deliver best-in-class support and expertise while demonstrating the utmost purpose and care to the communities we serve as One Truist driven by the common bond of our strong shared values.
In other words, we're screwed.
I need to hold on so I can make Assistant Vice President!
People need to stop talking about “class action lawsuits!” The only one who wins in those are the lawyers and that is IF a judge certifies the class. And what are you going to do for income while waiting years for the lawsuit? Stop being stupid.
Heard someone out in the hall of my branch today (I work in a large branch with multiple divisions) talking about the “January bloodbath.”
They have no choice but to give bonuses to the executives before they fire them(let them Resign) … otherwise they look know the damage these executives are capable of causing that will cause further class action suits to follow from the wider cattle class
They have no choice but to give bonuses to the executives before they fire them(let them Resign) … otherwise they I own these executives will blow up a steam or storm that will cause class shuts to follow from the general cattle class
If they lay off executives in Jan, will they still get their bonuses since they were here the entire year?
The fact the RIF team needs a name is cringe. Just do it already.
No brown nose comments posted as yet on the Source to the December Purposeless Corner. My Christmas wish is for a 2024 Purpose Calendar filled with inspirational messages and other nuggets of nonsense. I’ll have another word salad please….
The 20 person council provides oversight to ensure strategic decisions are aligned with purpose and delivered with care.
Anyone heard anything happening on Dec 15th ?
Project STAR = Stupidly Transform And Regret
Now we have a 20 person operating council to accelerate results. What could possibly go wrong with that and lead to more complexity?
Have you seen the leader of STAR?!?! Elliott sports a mowhawk to work looking like he works at Hot Topic. That guy decides if your family eats next month.
I still can’t get over the name of the Star initiative begins with Simplifying and they’ve just double executive leadership. Can’t make this sh-t up.
I feel like I've been gaslit every day by this organization since I was hired two years ago lol
Unfortunately, it won’t be a happy New Year. The January and February tsunami waves will wash many away and good luck to those that must move on. Also, good luck to those that survive and have to face the new Truist.
January 18th is our next earnings date. Gives Bill about 6 weeks to continue the RIF campaign prior. Can spin the current work/savings as a positive step forward. Distract the market from declining earnings, insurance sale and key executive departure by focusing on "transformation." Rinse repeat. We are getting bored Bill
This is correct, an absolute bloodbath is coming the first Friday in Jan
Layoffs are a Godsend. Freedom rings! Be grateful to be released from the daily torture of a mismanaged greedy corporate sector. Make America Great Again is not in their vocabulary. Sending jobs outside USA will inevitably destroy American economy. Wake up id--ts! Corporate will suffer most
You must have missed Purpose Corner this morning. Everything is fine.