Truist is tracking the productivity of employees by using software that tracks mouse clicks and time in meetings. Be sure to accept teams meetings and move your mouse. They're looking at who to layoff and rather than actually manage output, they're... — read more
Who is Truist protecting?
I have been around this joint long enough to have friends in most every department and have watched how far we have fallen. Got to appreciate the small perks of working for a small southern bank. We have DeMaio, the HR nightmare, Thompson, the run... — read more
Experience Design Layoffs
Spoiler alert! Layoffs from Ken Meyer’s organization, specifically Milissa Tarquini’s organization will be happening. Also layoffs from Elizabeth Ventura and Sarah Creed’s organization to occur as well. Very sorry to Experience Design folks in... — read more
HR Legal or Comms doing damage control on here
Anyone else notice the recent posts that are so obviously internal HR or Comms trying to slide in damage control posts?
Credit Card Migration IT Staffing Issues
This place is an absolute mess. New credit cards were sent out to activate 9-18. Now the migration has gone wrong and there is no way to verify a new credit card. Every day the response is it will work tomorrow. 3 days of promises and no results... — read more
So what happened
To the post about the communication DEI folks? Stepped on the wrong toes?
We need to hold them accountable
I hate how leadership always gets away with cr-p like this. Are they ever going to take responsibility for their own mistakes and their poor planning, instead of depending on cuts as an easy way out? Is there any way for us to hold them accountable?... — read more
I'm done
My top goal for the rest of the year is to find a way out of Truist. If I'm not laid off, I'll leave on my own. I'm not staying here a day more than I have to.
How many were riffed for this?
NEW YORK & CHARLOTTE, N.C.--(BUSINESS WIRE)--Standard Chartered Americas (the “Bank”) today announced that it has entered a trade finance partnership with Truist Bank (NYSE: TFC) that will enhance Truist clients’ ability to conduct global... — read more
It’s time for Bill and the rest of the EL to collect their things and leave
A CEO needs to exit the company it serves when it fails in 3 categories: support by his/her employees, confidence by customers that its services will perform without issues, and increasing shareholder value. Currently at Truist, Bill Rogers and his... — read more
Replies to these posts are getting bitter, personal, and weird
Which is basically what I’ve come to expect from my fellow teammates. Anybody know of another forum that actually discusses potential layoff information?
Question for those already applying for jobs
How many applications do you send out per week? I have a feeling that I'm not doing enough since I haven't gotten that many responses so far.
Anyone concerned about our pension plan?
I'm afraid they will make drastic cuts and discontinue our pension plan. Thoughts?
Divesture of Insurance
The internal rumor is insurance will be sold completely in 3-4 months to shore up capital position. Has anyone else heard this. This EXEC team does not communicate
Joined three months ago
The news of layoffs hit me like a ton of bricks. Am I done? Are those who were most recently hired the first to be laid off?
Your right to form a union at Truist
https://www.nlrb.gov/about-nlrb/rights-we-protect/the-law/employees/your-right-to-form-a-union
I was about to quit
Now I decided to wait it out and see if I get laid off. I'm going to laugh so hard if they pay me to do something I was about to do anyhow.
Next week and layoffs
What do we know?
Engagement Survey
Has anyone else noticed how quickly the annual engagement survey has gone by the wayside? BB&T always made a big deal of reviewing the results and identifying areas for improvement. Post MOE, SunTrust leadership doesn’t seem to value those... — read more
Womp Womp Woooomp
https://businessnc.com/four-years-after-a-merger-of-two-mighty-banks-truist-is-still-working-to-gain-its-edge/ Excerpts: Over the past two years, Truist averaged an annual profit of about $6 billion. In 2018, BB&T and SunTrust earned a combined... — read more
Pretty PowerPoint Presentations - the value of consultants
Thank goodness for VSRP. I just stop in to check on the progress of how we knew this would turn out. Those complicated PowerPoint presentations were always a hoot but the truth is we would talk amongst ourselves about the delusion. Either EL... — read more
Hang in there y’all
This feels sh---y for all of us. Just wanted to say hang in there and hope you have a good day!
RTO
Those being told to return to the office were forced into old buildings that haven't been occupied or maintained in years. Most of the staff is sitting on the floor or making desks out of old boxes. They don't even have phone service in the... — read more
We are all mo--ns according to TAS leadership
I never heard people talked to in such an insulting way. To belittle anyone shows such flaws in character and insecurities and is now the norm. At this point I'm certain I should ask for permission to go the bathroom or be told how to do it... — read more
Operational Problems Already
I put in a freaking journal request this morning and am still waiting on it to be processed now at end of day and so is co-worker. If they are already behind due to layoffs (could possibly be vacations) and we can’t get simple talks approved, the... — read more
The crux of the downfall…
In one previous post was this comment. Find this person and nominate them for CEO..they got it figured out. “ So Bill n Beau n Mike having spent the last two years putting Suntrust people in most leadership roles at all levels and spending like... — read more
Tech Layoffs Thread
Let's focus on the Tech layoffs in this thread. I am OK with having consolidated threads with other parts of the org but sometimes discussing more Tech specific topics helps. Maybe this thread helps a bit with basic Q&A on layoffs... Not sure but... — read more
Time to remove EL ?
When will those in EL who are responsible for this mess going to be fired? Can’t be soon enough in my opinion.
Wholesale Payments and Tech Layoffs
Just heard from a credible source that layoffs within Chris Ward’s organization (Wholesale Payments), including Digital will be occurring in 4Q. I heard the same for Ken Meyer and Bryce Elliott’s organizations. Any surprises here?
EFM Layoffs starting
EFM layoffs start this week in detection
Call - Just Blathering Truist Speak
Had call. Nothing but Truist spin. Not ONE WORD to discuss what Rogers announced. Only one person asked about technology and the answer he got was pure spin. I guess they think people don’t know what is going on. Sadly most don’t.
Time to Unionize?
Employees who might need some additional protections during these widespread layoffs might consider unionizing. It is illegal for the company to take ANY adverse action against employees who are advocating for collective bargaining. Not a guarantee... — read more
Had an emergency meeting yesterday morning
This is in the FIU. Our leads opened the meeting mentioning that we probably heard about Bill Roger’s’ announcement. The leads only went on to say that they don’t have any more information than we do. But we’d be the first to know. Right. The... — read more
“Further reducing our corporate footprint”
Aside from, well, everything else. Something that stood out to me, was this line. "Other cost savings initiatives include aggressively managing third-party spend, further reducing our corporate real estate footprint and rationalizing tech spend,"... — read more
reposting July 27, 2001
Analysts as a whole are lazy. They look at the numbers in detail and listen to the higher ups in the companies. They won’t peel back the layers unless given reason too. People leaving in mergers does not give them cause for alarm. After the... — read more
Truist will be the next Wells Fargo….. the way they pressure teammates for sales (I’m sorry…. Caring Conversations) - snakes in RSBB
As long as you are at 150% of the TRUIST goals - you are good! It doesn’t matter how you get your numbers! IRM Partners pick their favorites…. Then those teams magically meet their goals (no sale needed… just a “Caring Conversation “) Truist should... — read more
When are the layoffs starting? Number of people?
Post what you are hearing
Be Careful
One thing I really appreciate about this forum with those of us still working for this miserable company is those putting out insider info for those in different areas. I will say after working for many firms even in compliance, please be very... — read more
Pulse Survey results
The latest pulse survey results are in and they are dismal. Leadership currently frantically working on a way to spin it positive bc god forbid we actually address issues.