Topics regarding layoffs at Truist Bank

Topics regarding layoffs at Truist Bank

Truist is tracking employee mouse clicks and meetings

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 

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| 6910 views | | 2 replies (last September 22, 2023)
Post ID: @OP+1oHlOYOc

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 

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| 9390 views | | 15 replies (last September 22, 2023)
Post ID: @OP+1oHXbAuo

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 

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| 6400 views | | 4 replies (last September 21, 2023)
Post ID: @OP+1oHou53z

So what happened

To the post about the communication DEI folks? Stepped on the wrong toes?

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| 6450 views | | 5 replies (last September 24, 2023)
Post ID: @OP+1oHtmMQP

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 

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| 5572 views | | 1 reply (September 20, 2023)
Post ID: @OP+1oHDncjp

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.

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| 6440 views | | 8 replies (last February 10, 2024)
Post ID: @OP+1oHcIW8U

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 

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| 6110 views | | 4 replies (last September 25, 2023)
Post ID: @OP+1oHjeLF2

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

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| 9620 views | | 17 replies (last September 24, 2023)
Post ID: @OP+1oFichTT

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?

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| 8020 views | | 12 replies (last September 22, 2023)
Post ID: @OP+1oFhcHqt

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.

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| 7260 views | | 4 replies (last September 19, 2023)
Post ID: @OP+1oFkYlBc

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 

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| 8800 views | | 9 replies (last September 26, 2023)
Post ID: @OP+1oDaLNYB

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 

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| 10730 views | | 19 replies (last September 19, 2023)
Post ID: @OP+1oDneumt

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!

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| 8690 views | | 4 replies (last September 17, 2023)
Post ID: @OP+1oCP5mcS

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 

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| 8970 views | | 4 replies (last September 18, 2023)
Post ID: @OP+1oCJ4suy

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 

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| 10070 views | | 6 replies (last September 22, 2023)
Post ID: @OP+1oB5iKV8

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 

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| 9470 views | | 7 replies (last September 15, 2023)
Post ID: @OP+1oBda1Mv

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 

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| 11810 views | | 10 replies (last September 18, 2023)
Post ID: @OP+1oB3Myvq

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 

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| 10250 views | | 12 replies (last September 17, 2023)
Post ID: @OP+1oB5s9zl

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.

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| 7970 views | | 3 replies (last September 19, 2023)
Post ID: @OP+1oAwCNYf

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?

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| 10620 views | | 15 replies (last September 22, 2023)
Post ID: @OP+1oA6xpAw

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.

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| 7550 views | | 2 replies (last September 14, 2023)
Post ID: @OP+1oACJxts

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 

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| 7570 views | | 3 replies (last September 13, 2023)
Post ID: @OP+1oAoOxk5

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 

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| 8174 views | | no replies yet
Post ID: @OP+1oAZpwQa

“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 

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| 9160 views | | 13 replies (last September 20, 2023)
Post ID: @OP+1oA89vqB

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 

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| 6870 views | | no replies yet
Post ID: @OP+1oAGTwkN

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 

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| 7712 views | | 2 replies (last September 13, 2023)
Post ID: @OP+1ozGlTJy

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 

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| 8380 views | | 4 replies (last September 13, 2023)
Post ID: @OP+1oz0kCeK

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.

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| 8000 views | | 9 replies (last September 14, 2023)
Post ID: @OP+1ozUOTKs

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