Don't think it's over for a second. There'll be more cuts tomorrow.
No layoffs so far in my area
Can you please let us know which areas are being hit? If anything is being hit at all?
Project STAR in full go mode today
Meetings scheduled all around. Good bye ✌️
RIFs are coming on Thursday
That all folks.
Underpaid and undervalued
Who else believes they are underpaid and feel undervalued at Truist? I might be wrong, but I have a feeling this is the majority of the workforce. Truist has been treating all of us like cr-p ever since it came to be. I hope I can find a new job as... — read more
Severance is not what you think...
Was RIF'd in November. Severance hits before EOY... 45% taxed. Looks like it's being taxed like a bonus. That 12 weeks of severance pay now plays more like 4-6 if you stretch it. Purpose.
Will there be more branch closures ?
Was this just the tip of the iceberg . Will there be more branch closures to come ? Will they start cutting postions in the branches so we’re skeleton crew ?
2024 will be full of the P’s – Purpose, People and Payments. You can make a difference in 2024 focusing on the P’s – I know I will!
It didn’t take long for Chris Ward to drink the Purple kool aid as he lays off people in mass.
Employee Pay Scales - are you paid fairly?
See below for the midpoint by grade, so what they'd offer someone off the street to do your job in Charlotte. 101 / 53,740 102 / 56,055 103 / 59,175 104 / 61,895 105 / 64,830 106 / 70,305 107 / 78,475 108 / 90,535 109 / 101,915 110 / 114,975 +15%... — read more
Things are not looking good for 2024
If people hoped next year would be better, a new survey says otherwise. Mass layoffs are in store for 2024, and it might end up affecting nearly half of companies, according to a new poll. That's the latest information from a Resume Builder survey... — read more
I’ve lost all faith in Truist and EL
Like the title states, I’ve lost all faith. This is not how you lead and manage effectively. It’s sad that a once fine institution (BB&T) has become the pile of sh-t. I feel like BR is just trying to run down the bank until he can sell it for once... — read more
Evaluating Management's Commitment to Employee Recognition
We understand the current financial constraints our bank is navigating. However, it is disheartening to see another year pass without any acknowledgment from the IT leadership team under Scott Case in regard to any holiday greetings or... — read more
EL is over their skis and toxic, who should fall first?
The shuffling of the EL reeks of nepotism. With such mismanagement and rampant toxicity across the company something has to change and those in charge actually held accountable.
Cleaning time
20 year SunTrust vet here. Left on own accord at closing of deal. They This was such a complimentary merger on paper. SunTrust with a really strong middle markets commercial biz and BBT with an amazing consumer platform. (SunTrust’s consumer... — read more
Purpose Corner hosted by Dr. Steve Brule
Special guest host. I’ll see you at the next Purpose Corner.
8K SEC filing - Donta new salary: 750k, 6MM total comp
Compensation Increase for Dontá Wilson: the Committee approved a substantial compensation increase for Mr. Dontá Wilson, who was promoted in November to Chief Consumer and Small Business Banking Officer. Effective January 1, 2024, his base salary... — read more
Charlotte Observer - branch closings
Who has access to this article? "closing branches across... — read more
New Truist Motto
I propose this motto for the Investment Services division: we will take something that every firm has one or two steps to complete and give you 10-12 here at TIS. TIS will not allow you to put multiple teammates names on a pre-printed thank you... — read more
Time to go Union like Wells Fargo
🏧💵🏦 Or apply at Walmart, same thing as banking now! Banking used to be a respectable job, not so much anymore 💲💰🤑
Branch closings
Out on the nc dept of banking there’s a list of 70-75 branches bank is closing March 19
Weaver call 1/5/24
CCB massacre comes on January 2nd and 3rd. Coach Weaver will sooth the Teammates that remain and tell us how great the future is going to be. If you remain you are the future of SunTruist and you have our faith and confidence, oh by the way my wife... — read more
JD Power ranking
We’re still number nine out of nine but Bill can say we’re getting better: Truist was ranked ninth again with a score of 624 out of a possible 1,000. Although the score was 29 points below the industry average of 653, it represented a 19-point... — read more
You’ve got it all wrong…
What us hBB&T’ers are so salty about is the fact that we had it soooo good. And it was stripped away by SunTruist. Great culture, fair pay, good benefits, sense of pride in working for a stable institution so committed to its roots and communities... — read more
Jacksonville
What is happening the the North Florida area?
This bank is trash
Our risk partners are gone and no one has any idea who to work with. Several major initiatives are staffed exclusively with contractors. No one knows who their boss will be with the next wave of announcements in January. Nothing is getting done... — read more
Wealth is in Shambles
With the layoffs of Wealth bankers and those in Operations and Supervision it is taking over 5 days to get an account approved for investment, 2 days to load on Envesnet and the get a clients funds invested. I had two wire that I had to do that were... — read more
AIP & BIP
Who has factual information about AIP & BIP funding rates for this year’s company & individual performance?
Rogers from Goldman Sachs symposium
Just read the transcript and not once did Bill use the word purpose. Color me shocked. Talk about word salad, wow, we are the best banking franchise in this country! Go read it, his perception versus the reality we all see is quite striking.
This is exhausting
Thinking about layoffs and RTO all the time, accepting that raises and bonuses will most likely be nonexistent, being resigned to working in a toxic environment...this is all so exhausting. I am old enough to remember when working meant having job... — read more
Rsus
Did they cut rsu’s for next year?
Integration and internal mergers
New buzzwords in the banking industry.
Bryce Elliot Gone Effective Immediately
Anyone know what happened?
Kellogg School of Management
We have hired a large number of grads from Kellogg in the last 3 years. I know the reputation is supposedly impeccable but why and where did the fascination of grads from here suddenly come from?
McGriff
What is going on between Truist and McGriff? All McGriff were removed from all Truist buildings. Seems like something is up, besides just spinning off to Truist Ins Holdings
RTO 5 Days a Week + No Merit Increases
Delivered with care
Just got the news
As my time at Truist comes to an end They tried to break me but I didn't bend I observed from leadership what not to I do I got a purpose coloring book too Now it is time to bid you adieu
Raises
Do we get raises?
LinkedIn jobs
If they are doing all of this RIFing, Why does Truist have hundreds of job openings on LinkedIn in tech? I am looking for a job and wondering if these job openings are legit.
As long as there's severance, I'm good
I wouldn't be happy if I were to be laid off but as long as they provide decent severance, I'll be okay with it. I've looked at job openings and there are plenty of good positions available right now. I haven't started applying but it's good to know... — read more