Thread regarding Truist Bank layoffs

Anyone else in insurance fearing more RIFs?

There have been several waves of layoffs in insurance, with another wave last week. We think it was a smaller group this time, but supposedly precipitated by the trio of PE firms who will own insurance in Q3. I’m sure packages won’t be as substantial post sale.

Anyone else in insurance feel like they are constantly on edge?

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| 13734 views | | 2 replies (last April 25, 2024) | Reply
Post ID: @OP+1rQYZiwp

2 replies (most recent on top)

Yes Deposit and Payments being outsourced to India. Layoffs will be soon

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Post ID: @nsbx+1rQYZiwp

They are already cutting CRC IT

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Post ID: @1aje+1rQYZiwp

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