Has anyone heard when EDD (whatever they calling themselves now) riffs will be in February?
19 replies (most recent on top)
Sounds like EDO(A) has more activity planned for next week (week of 2/12); was noted that after this EDO(A) would be "done" with their reductions/reorgs.
Anyone have additional details? what teams within EDO(A) and/or positions?
As a fellow Gen Xer... this is some of the most cringe sh-t I've seen on here and why people make fun of us. Please stop.
@2joc+1qQOQtsx On behalf of Gen X, your invitation has been declined.
Gen X is not "summoned" nor should you casually call Gen X out...we are watching, always watching...when an event takes place that is deemed worthy of reaction, we will react...otherwise, be careful what you ask for...
@3lai LMAO I hope so - that would be the best gift ever...
I’ve heard it will take place week of February 12th. Happy Valentine’s Day, lol.
Can’t be a “commercial lending powerhouse” without rate cuts… expect more layoffs than originally planned. The clowns in charge have no real strategic vision. (But somehow, they’re getting raises) go figure.
@2joc+1qQOQtsx Go away
Where my bros at? My Gen X bros?
B R O
@1kib+1qQOQtsx I'm not sure if this rumor has any legs. In my experience, Truist isn't the kind of place that fires ground-level back office employees (or really any back office employees) for regulatory failures (or most kinds of failure, if we're being honest).
@1kib Interesting, I guess EDO Managers will start throwing each other underneath the bus. OWM’s lol
are you saying the items not fixed would be the cause or are you referring to other cause?
would love to hear more about this in general i.e. whats going on in EDO.
I heard EDO being delayed to March because regulators are asking questions about BBT things that were supposed to have been completed (but weren't). Leaders don't want to be left holding the bag, and terminations for cause are a ton cheaper than RIFs, I guess.
The offshore resources for EDO are the worst, they have at most a 40 IQ
Layoffs can’t come fast enough. It’s crazy to see the type of people working at the bank. I guess working with spreadsheets, and power point presentations make people in enterprises technology competent - this bank is a joke.
@1bcz here we go with the BS. Im not worried person. Also, mine your business you negative a-s@ole.
AVPs are safe though. Right??
If you are a competent person you shouldn't have to worry,but working in a bank is no different than working in a fast food,no skills or education is needed.
No Fed rate cut today equals more pain for SunTruist and you “Teammates”! Bill n Mike were counting on rate cut.
EDO (now EDA)? As far as I know, their next wave is in March, and the mid-Feb layoffs will be in other parts of the bank.