Thread regarding Truist Bank layoffs

Non-Leadership Roles with corporate titles

This is the first company I have ever seen where non-Leadership roles are officers and assistant vice presidents. Are they just dishing these titles out to any body?

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| 20201 views | | 16 replies (last March 29, 2024) | Reply
Post ID: @OP+1rFYWu7h

16 replies (most recent on top)

Try hard work! How about that! Instead of whining about how pitiful your life is, rille up your sleeves and put in some time!

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Post ID: @7oga+1rFYWu7h

Wish me luck fellow Teamates….
Hoping to be an AVP by sun down
Even got old Quackers to write a letter of recommendation

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Post ID: @6smd+1rFYWu7h

OP has never worked for a bank before

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Post ID: @5ndr+1rFYWu7h

When interviewing after being laid off, a couple places asked why I would want to go from being a VP to an individual contributor role. They didn’t understand when I tried to explain that I had been in an individual contributor role…

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Post ID: @5ctu+1rFYWu7h

I worked in the same group as EJ many years back. She managed excel spreadsheets - and not very well. Her peer made innovative changes to the group functions, and produced some pretty impressive stuff. He was rewarded with an SVP title. She felt (because she had been with BBT longer) that she deserved it too, and it wasn't fair. She met with Quack-Quack and complained. Quack made one phone call and their manager felt "strongly compelled" to give her SVP. He never felt right about that, but had no choice. BBT corporate titles were all based on shaft management.

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Post ID: @4sfy+1rFYWu7h

BS. Plenty of companies have “non leadership” roles that have official titles. Nice try though. Try to rabble rouse with a bit more subtlety and factual content.

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Post ID: @2hzl+1rFYWu7h

Handed out like cheap candy at Halloween. At my (non-banking) CLT F150 company, a Truist SVP would be a director, at the highest. In some cases manager or sr. manager.

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Post ID: @2flu+1rFYWu7h

In Wealth Brokerage they have given AVP titles to teammates doing entry level functions.

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Post ID: @1rwl+1rFYWu7h

Nobody works at the branches
Straight ghost town
Fire more folks
It’s working out great
How bout that stock price?!?!???

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Post ID: @1dja+1rFYWu7h

Its a banking thing. Official titles come from the branches and spread to internal corporate positions.

At least the titles come with more time off and increased severance if you dont meet time served reqs.

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Post ID: @1hyj+1rFYWu7h

It took a lot to be an AVP!!!!

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Post ID: @1tzd+1rFYWu7h

Once again the comments leave me wondering what reality you are living in. Titles are like this everywhere.

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Post ID: @tda+1rFYWu7h

No chance in making officer as I've been riffed thank God!!!

I'm jumping ship before it sinks to rock bottom!

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Post ID: @kkr+1rFYWu7h

@bkz+1rFYWu7h So by this logic Billy Bob wouldn't be CEO at another bank. He would be lower. So yes actually this does make total sense lol.

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Post ID: @gfi+1rFYWu7h

Yes they dish them out to just about anybody. Hence the troll who always comments in here about "I'm an AVP tho" lol. Even VP's are what I would consider to be the equivalent of AVP's at other banks. SVP's like VP's at other banks. Etc. etc.

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Post ID: @bkz+1rFYWu7h

Don’t worry, stick around long enough and you’ll make Officer.

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Post ID: @nij+1rFYWu7h

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