All this cost cutting and Truist now is taking over the Wells Fargo Championship . Now we know that many of our folks were cut for a golf tournament. Fo-e!!!!!!
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Why is nobody talking about the fact that Kristin Lesher was a Wells Fargo exec prior to coming to Truist? She was at WF a decade prior to the fraudulent accounts drama and only recently left to come to Truist where she reports directly to Bill Rogers. The decisions made the company since becoming Truist are questionable at best.
This bank is terrible
Terrible!
And they wonder why no one at Truist gives a sh-t about things- smoke and mirrors
Yes, the optics are not good but before passing judgement I would like to see the ROI figures on this $25million + sponsorship. Companies such as Truist need to be in the public eye. Whether taking on a sponsorship of this magnitude is a good move remains to be seen.
The optics (as if Bill cares) are not good. Laid off 2500 and outsourced jobs and now you’re going to sponsor a golf tournament. Shows the rest of you Teammates where you stand. The gang of 23 smooze and booze clients for a week each year, oh and another opportunity to pass out checks!
Makes perfect sense, WF with 1.7 trillion in assets has been cost cutting and this sponsorship was given up because the pga wants in excess of 25 million for title sponsorship (ancillary cost will at least double this number). Truist with 535 billion in assets and also cutting cost as well as selling assets decides it’s good business to take on this title sponsorship. We’re an investment bank so will be good to wine and dine clients. Maybe they can get Johnny Harris to put a billion in wealth at SunTruist. Folks you cannot make this stuff up. Effective use of resources? What say you Teammates?