Topics regarding layoffs at Truist Bank

Topics regarding layoffs at Truist Bank

Don't rush to leave

Beware, sometimes the grass is greener because it is growing over a sewer. A lot of banks have the same issues as SunTruist. Your new boss or bosses aren’t always what they appeared during the hiring process. The culture your new employer has may be... — read more 

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| 52101 views | | 8 replies (last November 30, 2024)
Post ID: @OP+1vGCY7nS

Pension

Hearing rumblings that the pension plan will be eliminated mid-January, likely announced at earnings time to attempt to bury the news. This was originallly scheduled for August but had to be delayed. Be prepared.

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| 52640 views | | 11 replies (last February 7, 2025)
Post ID: @OP+1vFvDZnM

Ineptitude at every turn

This is what you get when you lay off all the seasoned employees and replace them with people with zero experience and about the same amount of knowledge.

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| 50900 views | | 6 replies (last December 1, 2024)
Post ID: @OP+1vFR4awu

Recruiting Team

Has anyone here ever had a positive experience with a recruiter? I feel like they are all rude and very unprofessional when it comes to coordinating interviews. Do you have someone you actually like to work with?

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| 50840 views | | 10 replies (last November 26, 2024)
Post ID: @OP+1vEHKId0

The name Truist?

Anyone else thought about the insane deception from Bill, Beau, (and potentially Mark Chancy is the bank sells to Wells), with this take over? To name the bank Truist is such a fake and disgusting thing to do? Who were they trying to convince this... — read more 

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| 51470 views | | 9 replies (last November 25, 2024)
Post ID: @OP+1vD3OcKd

Favoritism fueling hostility

Mixing favoritism with hostility creates a toxic work environment, and Truist has mastered it. Unfairness reigns, morale is shattered, and a healthy atmosphere is beyond reach at this point.

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| 50670 views | | 4 replies (last November 25, 2024)
Post ID: @OP+1vCvbCPE

M&A - Truist and PNC

Rumors circling around about potential PNC and Truist merger/acquisition next year. 2025 should be an exciting time for Truist! Bill n Beau get massive payouts and live the good life n their beachfront properties in Boca while the rest of us are... — read more 

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| 52620 views | | 6 replies (last November 23, 2024)
Post ID: @OP+1vC3DU8c

Management is fatter and worn down

Anyone else notice that mid to upper level management at Truist are more obese and have a generally “worn down look” 👀 from over the years. Kind of sad.

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| 48640 views | | 2 replies (last November 22, 2024)
Post ID: @OP+1vC2YyMO

Retail Voice of the Teammate

I was trying to listen into the call while taking teller transactions on the teller line. I couldn’t pay full attention and participate because likewise to most of our local branches, everyone is running slim due to turnover, vacations and unhealthy... — read more 

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| 48640 views | | 6 replies (last November 23, 2024)
Post ID: @OP+1vCs0eFn

Regional banks unionizing

https://www.americanbanker.com/creditunions/list/15-steps-in-the-unionization-of-banks-credit-unions

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| 46600 views | | 1 reply (November 22, 2024)
Post ID: @OP+1vBUXAqO

Exit Strategy

For those that are sick and tired of Truist, now is the time to start thinking of your “Exit Strategy”…… Tough it out until March when AIP/LTI is paid. Start interviewing in January/February. As soon as AIP/LTI is paid, put in 2 weeks notice and... — read more 

I wouldn’t buy Truist

Truist is cancer. Unless Truist completely liquidates everything and goes to cash, the cancer will spread to the next organization. Garbage buy for any bank.

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| 37860 views | | 7 replies (last November 20, 2024)
Post ID: @OP+1vwFAaXn

Truist acquisition rumors

Anyone else hearing that Truist will be sold in 2025? Have heard from several credible sources that Bill and the board are looking to sell next year.

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| 48840 views | | 37 replies (last November 24, 2024)
Post ID: @OP+1vt2hZJx

Is your manager a Truist Poster Child?

Symptoms include - Wearing purple to the office everyday, including purple shoes. Taking their job way too seriously relative to other managers in the organization Have you ever considered dying your hair purple? Maybe you could be... — read more 

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| 36810 views | | 10 replies (last November 21, 2024)
Post ID: @OP+1vtYD0PK

Unrealistic goals

Is anybody else tired of management setting unrealistic goals while fully knowing they're unrealistic just so they have a reason in the future to lay you off or even fire you? It's so obvious to everybody but it's become the norm. I really need to... — read more 

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| 28210 views | | 12 replies (last November 13, 2024)
Post ID: @OP+1vtFNk6E

OHI Survey

Does anyone know anything about this Organizational Health Index survey email I got this morning? Is this something worth completing?

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| 26300 views | | 4 replies (last November 13, 2024)
Post ID: @OP+1vskC32Q

No more layoffs this year

I think we can assume we're done with layoffs for the year? I'm new here, but I'm going to assume that Truist doesn't lay off people so close to holidays.

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| 29290 views | | 13 replies (last November 14, 2024)
Post ID: @OP+1vrNRMSO

Hr question

Serious question. What is Truist hr policy on posting roles for consideration? I get that super senior leadership and super high pay grades are recruited differently and not open for any common person to post but isn’t there a job grade cut off... — read more 

CISO "resigned"

Not sure what the deal is, but he wasn't in that role long. Welcome to Turnstile Bank!

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| 25270 views | | 6 replies (last November 9, 2024)
Post ID: @OP+1vorkTrT

We’ve hit rock bottom

Now even the most useless people are bailing. Imagine, if someone who barely puts in two hours of actual work thinks they can do better elsewhere, how pathetic have things gotten here? You know Truist has become a joke when even the slackers think... — read more 

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| 21460 views | | 2 replies (last November 9, 2024)
Post ID: @OP+1voSUQMl

Exec Exit

Any guesses on next Exec Leader Exit?

Wealth

The Wealth leaders of brian, jeff, jerry are hilarious. None have sold anything before or started in wealth/private banking. So 0 experience. All are from suntrust. All are id--ts with no vision. Billions have left the bank with quality wa’s... — read more 

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| 22350 views | | 8 replies (last December 5, 2024)
Post ID: @OP+1vkiFcOo

We are an investment bank

Financial Corporation (NYSE: TFC) today announced it has hired Kerry Jessani as head of mid-corporate banking. Jessani will build and lead a coverage team focused on delivering industry-based expertise and solutions to private and public companies... — read more 

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| 21390 views | | 2 replies (last November 5, 2024)
Post ID: @OP+1vkJd5k4

EL Excessive Spending

We’ll never have expenses under control as EL spends like money doesn’t mean anything. Currently, several floors are being refurbished at HQ because there isn’t enough seats for RTO. In addition, Truist is going back to a building it exited because... — read more 

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| 21700 views | | 9 replies (last November 5, 2024)
Post ID: @OP+1vjctECD

EL issues

There should be a rule that no one can be in executive leadership unless they have been laid in the last month (and not by each other or a doll by a legit other person).

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| 20890 views | | 7 replies (last November 5, 2024)
Post ID: @OP+1vinoIbD

Discretionary 1% 401k match

Any word if leadership will give teammates the 1% discretionary 401k match? When our 401k match was cut from 6% to 4% leadership said if the bank performs well, a discretionary 1% additional match will be contributed to our 401k in Q4, bringing the... — read more 

Truist culture is worse than Wells Fargo

There is a thread on Wells Fargo layoff board where person is stating they got an offer from Truist and asking if they should accept the offer. Hilarious that everyone is saying do not join Truist that the working culture is worse than Wells Fargo. ... — read more 

Teammate Classification

Why are non-CIB teammates and those that are not securities teammates having to attest to CIB teammate compliance? Especially when they don’t have access to any of the CIB files, SP sites, or shared drives?

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| 21020 views | | 5 replies (last November 1, 2024)
Post ID: @OP+1vergZRS

Dumpster Bank

I hope no other bank buys this POS. Its a garbage buy.

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| 21840 views | | 7 replies (last November 5, 2024)
Post ID: @OP+1vduvhz8

When will we hire more people?

It feels like every time someone leaves, we just get stuck doing their work along with our own. The management isn’t hiring anyone to fill those gaps, so we end up having to take on more tasks for the same pay. We’re already swamped as it is. What’s... — read more 

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| 21430 views | | 9 replies (last November 5, 2024)
Post ID: @OP+1vdcczGt

Tech manager salary

Hi, I got laid off from Wells Fargo. Looking at strategy roles in tech. I saw tech strategic remediation manager role. I’d appreciate if someone could answer following questions: I made really good base for a middle manager at wells ($210k plus... — read more 

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| 22320 views | | 8 replies (last October 29, 2024)
Post ID: @OP+1vcmUY4e

Smearing

All the current Truist employees and former employees. Now that you know how corrupt Truist is, lift up all the people that you know are good that were attacked by this disgusting organization and its management. Lie after lie to get rid of people... — read more 

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| 18180 views | | 6 replies (last October 30, 2024)
Post ID: @OP+1vcXAHcL

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