I’m curious how many people are going to adhere to 4 days come October…. What are they really going to do if people don’t? Fire everyone??? We’re at 3 days now and there’s a LOT of people that are not in the office 3 days consistently (myself... — read more
TIS after Cram
Serious question here. What or who should replace Cram after he’s gone in TIS soon? Glaser team is gone and they were one of the biggest. Every FA, and I am a middle sized one, are giving the middle finger to this firm. What comes next? We... — read more
Bill Rogers and Kelly King are like AI without the intelligence
Isn’t this true?
Employees take over Truist
I hear complaining by all employees but we have the power to take back this company. Everyone quit on the same day without warning. It will shut the company down and make the news. It will showcase the fraud and corruption of Truist and cause... — read more
Truist back to work 5 days in office
After 4 years of being told by upper management that Truist would never go back to the way it was, truist is going backwards at the speed of sound. Not only 5 days a week in office, but sending reports of our scans in and out of office to... — read more
Disrupt or Die
Remember this from KK? The phrase was seen as offensive to some, so it was changed to "disrupt to thrive". If the bank could not disrupt technology and banking to compete with Fintech, then it would die. No disruptions have occurred. I guess... — read more
Union scares them: they are watching here
Yes, they are definitely on here posting as well as watching. Some of the very sycophantic posts of "grow up and do your job snowflake" are almost assuredly from the company. They also like employees b!tch!ng about wether it's heritage ST or heritage... — read more
People have had enough of Truist
It's getting harder to find anyone willing to work here because the word has gotten out about how terrible the company is.
BB&T
Still a mystery why BB&T took the merger risk in the first place. They were an industry leader in many areas. Was as much ego and insecurity as it was $
This site has now been blocked by Truist
Panic mode much??
Moody’s cuts rating
Moody’s Ratings downgraded Truist Financial’s long-term ratings to Baa1 from A3, saying the sale of the Charlotte-based company’s insurance unit makes it less diversified and more reliant on potentially volatile net interest income. The rating... — read more
Moving outside radius to avoid RTO?
Several people on my team were changed to telecommute when they moved outside the radius our division set for having to return for the 3 days last year (30 miles). In talking with them, there’s been no downside..their pay and band geo code was not... — read more
Truist to sponsor PGA Tournament starting 2025
So I’m curious!!! You are laying all your operations off or outsourcing our jobs to Accenture, so how the he-l does Truist have money to sponsor the PGA Golf Tournament that Wells Fargo once hosted??? The PGA was asking Wells to pay $25 million... — read more
Town hall
Anyone else see the Whokesale banking town hall? They were talking about treasury payments one minute and then an African American lady (in a bright orange dress) hijacked the mike and starting telling the entire executive team they are racist and... — read more
More stock predictions
https://finance.yahoo.com/news/might-not-great-idea-buy-140654972.html
Announcing
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!!!!!!
Truist completes sale of Truist Insurance Holdings and executes strategic balance sheet repositioning
Now the stock buybacks will begin in earnest: Truist Financial Corporation (NYSE: TFC) today announced the completion of the previously announced sale of its remaining stake in Truist Insurance Holdings, the fifth largest insurance brokerage in the... — read more
Outsourcing and layoffs ?
I have been hearing rumors about outsourcing? Department team being asked to remain calm but yet being asked to look at new career paths ? Very confusing and misleading? Don’t want to leave without a job since I will not get unemployment if I leave... — read more
Performance Matters
The untruthful phrase being regurgitated through the lips of many managers is that Performance Matters. The truth is that performance doesn't matter at Truist and leadership has made this crystal clear over the years. They use this phrase as a tool... — read more
$40 here we come
TFC is almost back to $40. A big congratulations to BR and his team. They must be proud of how they have executed such a great turnaround.
Folks are speaking out on Linkedin #Truistisnottheplacetobe
Search for the tag #Truistisnottheplacetobe but of course, these folks no longer work here.
Truist has no values. Should anybody really expect anything better from them?
The people that wrote our supposed "values" failed to recognize the distinction between values, which provide guiding principles for behavior and decision-making, and the qualities, outcomes, or states that result from those behaviors. Being... — read more
4 Day RTO: Mixed messages from Audit and Risk - Follow or not to follow
Getting mixed messages from my leader in audit about RTO 4 days. She told a entire group not to worry about it and without saying the exact words that if she didn't care you didn't need to. My risk partners seem to swing the other way when I asked... — read more
How many people are still holding down shadow jobs?
I saw older posts saying people had two or more full time roles just waiting to get laid off. How many of this population are left? More importantly, have you paid off your mortgage yet?
I said this before and I'll say it again
Work the absolute minimum. Prioritize your family, prioritize your friends, prioritize your alone time...in essence, prioritize everything over work. Truist doesn't deserve more from you.
RTO BS
RTO has nothing to do with collaboration. It's all about control.
RTO and my plans
Today's purpose corner just reiterates that senior leadership does not care about the employees. We all know this 4 day a week requirement has nothing to do with collaboration but instead is around tax breaks and commercial real estate. Therefore I... — read more
Employement Cost Index
The report came in today at a 4.2% annual increase in average worker wages. Nice to see we are getting increases that are HALF (or less) than what the average American worker is getting. Thank you Executive leadership! This is all on YOU! Keep... — read more
Total Rewards Site
Not too much of substance here; who else is not good with the propaganda of appeasement that this site is serving? It really doesn't make up for the decrease in the 401k match or be punished in comp due to poor executive choices.
Living our values
Seriously who comes up with this cr-p? Trustworthy Caring One Team Success Happiness None of these five relate to Truist at all, FIRE BILL
Summer layoffs
Anyone else able to confirm the rumors on mass layoffs this summer after Q2 earnings are released?
Update on Pension
Funding target 2021 was 119.06% Funding target 2022 was 118.71% Funding target 2023 was 77.19% Shortfall of $1.5 Billion with minimum required contribution of $272... — read more
Pension plan
Pension is now poorly funded. Was 119% now 77%. I guess the same guy that was managing our deposits is running the pension plan too!!😬
Town Hall - DTC Lending/David Smith
Anyone else here on that call Tuesday? Typical old school cheerleading type purpose and care talk segmenting into randomly introducing the head of deposits. I don’t even remember his name. The call lasted an “hour and a half with question time at the... — read more
Non competes are banned
https://www.cbsnews.com/amp/news/ftc-noncompete-agreement-ban/
No leadership
Truist is run by self-aggrandizing megalomaniacs without real skill. With a leadership like that, we are doomed.
Layoffs coming for Enterprise Operations
Work is being outsourced to India We will be out within 1-2 months . Anyone else?
Interesting
Well now a future CEO is on the board right? Truist Financial Corporation (NYSE: TFC) announced today that Laurence Stein, 56, has been newly elected to the Truist Board of Directors. Stein will join the 12 directors who were re-elected by... — read more
Employee Stock Purchase
I did the stock purchase for 1.5 years. Stopped in December. Not a lot in it. Sell or hold? Will we even ever hit 40 a share???