Haven't met a person who isn't trying to rush out the door. The ones having work thrown at the them and are putting on the biggest smile playing teacher's pet are the ones that sent their resume out a couple hours earlier and taking interviews at... — read more
Truist Financial Q3: Cracks Are Appearing
Mike Mayo didn’t write this! While the dividend is covered by earnings and shares trade at a large discount to BV, the decline in Q3'23 earnings and BV is not convincing. Truist Financial (NYSE:TFC) reported slightly better than expected earnings... — read more
Nobody wants to be here
It feels like everyone who's still hanging around at Truist are the ones who haven't found jobs elsewhere yet. With "yet" being the key word in that sentence. Nearly everyone I know either already got laid off, left voluntarily, or they're out there... — read more
Outsourcing majority of Tech
Am hearing more and more rumors (from valid executive sources) that plans are well underway to outsource the majority of technology and infrastructure planning and implementation (including information security) starting in mid-2024 though early... — read more
Heard next week will get spicy
And SunTruist loves to drop stuff on Thursday afternoon emails.
McGriff
Any updates for McGriff employees? Are layoffs still happening in the midst of talks to sell the remaining?
RTO complete with bedbugs
Best way to get everyone excited about RTO is to brag about how effective the repeat treatments for bedbugs are.
There is a way to handle the terrible way things are going
Unionize!!!! It’s time! The bank is protecting their interest who is looking out for our interests! Here’s some food for thought Building a committee. After determining support for a union exists around key workplace issues, build a committee of... — read more
TIS loses two big producers.
TIS just lost two of their top 15 producers. TIS actually thinks that no one will leave. LOL
Insurance Optionally
CEO sounds like a broken record. Issue now is he is ki-ling insurance operation. Producers are actively looking for new opportunities outside Truist. All stock incentives provided have been a bust and clients don’t want to be a with a broker that is... — read more
Mortgage got hit today
Enjoy the ride. I guess this is my stop
3rd quarter results comments here
“The transformative work we announced in the third quarter to improve our financial performance is well underway. We are driving swift and meaningful actions to simplify our organization and reduce expenses. Our continued focus on core clients... — read more
Purpose Driven
I’ve read multiple times that Truist is a “purpose driven” organization. If the purpose is to alienate employees and clients, it’s doing a great job.
T-t for Tat
So starting today SunTruist will get 2% less out of me. Sure I'm not the only one who is quite quitting. Hey EL, go fu-k yourselves!
Im so glad I left Truist
I did not trust the "Leaders" of Truist, especially my new boss. Truist is heading in a terrible direction, cutting costs at the employee expense. They just reduced the 401K match to 4%, and don't think for a second they are not coming after your... — read more
4% 401k match
Effective 2024 Manager email just distributed, with more info being widely shared later today HR-
How would remote layoff work
Anyone with info for remote workers if they were laid off how is that done? Not being in a office. An individual call? Meeting? Email? Whole team call? Any one know any expectations on that.
My offer got rescinded
I got an offer from a company I really wanted to work for just to have it rescinded a few days later. Talk about a hit to my confidence. Is this something that happens often? Or am I just that (un)lucky?
I think the layoffs have been greatly exaggerated.
I think the leadership is going to come up with creative ways to reduce expenses like maybe having everyone forgo raises and lower AIP instead of layoffs. I don't know of anyone that's been laid off.
3rd Quarter earnings report
Any idea how Truist earnings call will go tomorrow?
So do Mayo and company
Become cheerleaders for Bill and his investment banker gang now, or do they continue to criticize the operation of the Purple purpose and trust technology giant formerly known as Truist (now SunTruist)?
Layoff Advice
Need advice, tips or tricks to ensure I get let go in the next round of rif's. No way I want to be here in 2024.
Purple Passion with a Purpose
Another great start to the week at Truist! Let's get out there and give 110%.
Mike Lamo
Why does anyone care what he says? His track record shows under 50% accuracy and like a 4% return. The guy is a clown who knows no more then you or I. He get paid for his smugness.
Truist Financial May Be Its Own Activist
Anyone have access to this article from Barron? Feel free to put it here.
Friday the 13th
Layoffs?
Don't be weak
In life it is important not to be dependent on your job because these MoFos will never care about you. Always look out for yourself and don't be dependent upon your job. The key is to make more money than you need and that is it. It is simple. I... — read more
Talks to sell insurance
The market seems to like this news, at least over the last few days. But after this, what is the next trick going to ... — read more
Truist CMO: Make Authentic Purpose the Center of Your Brand
Vinod didn’t find his Purpose! Led by CMO Vinoo Vijay, the marketing organization is playing a critical role in bringing the bank’s purpose, mission, and values to life. Moments of significant change can often present an opportunity for a business to... — read more
Be wary
This website is likely selling our info to Truist. They will be able to trace back the comments with the data they get from this site. You’ve been warned.
Transform of Die
That's what Kelly kept saying. I don't think the transformation that happened is what he had in mind! Truist was going to digitally transform into some fantasy fintech! So, maybe the dying part is in progress.
New Truist Purpose
Let’s face it folks. Whether leadership will admit it or not, our new purpose is SURVIVAL. Bill Rogers and his legacy team have taken two respected banks and turned them into one entity that’s barely able to keep its head above water. And if... — read more
Job Application Tuesday
Doesn't ring like TT. But do your self a favor and put in 5 applications today. Ring the bell on the board when done.
Insurance unit
Reuters is reporting that Truist is in talks to sell the remainder of its insurance unit
I'd rather have one major round
It would beat this ongoing cr-p where I can't relax for one single day. Why can't they just get it over with?
CCB
One of the last hBBT strongholds on it's last legs.