Is anyone still expecting branches to be consolidated … and positions changed ? People let go? It’s hard to believe it’s stopping at a few pay grades above branch level….
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72 branches are closing on 3/19. No idea if those branches staff know or not.
If you are in Truist Wealth, read Dowhower’s email that was sent out this morning. AI is growing stronger in this company. Still don’t think it will replace humans? Keep thinking that. Look up “AI” in The Source and take a look at the spreadsheet that comes up
Branches will be shrinking from now on under the best of conditions,, and this ain’t that.
Branch level is fine unless management at a particular Branch is on the heavy side.
AVPs are even being targeted
Or so I’ve been told
https://www.bankingdive.com/news/truist-close-3-point-5-percent-branch-network-march-bill-rogers/703666/
There is too much dead weight everywhere. We need to cut fat but the right start will be with leadership.