Topics regarding layoffs at Truist Bank

Topics regarding layoffs at Truist Bank

Branches

How long before all branches are closed?

Personal goals

I can't wrap my head around why setting personal goals is necessary here. It's like we're going through the motions without any real purpose. What's the point of putting in all this effort to improve our performance when it doesn't even seem to... — read more 

Truist cares

There’s a running saying among RSBB teammates and it goes like this. Truist cares, but I’m still trying to figure out what they care about. Truist cares about one thing, job ambiguity, new expectations weekly that you never agreed to, outsourcing... — read more 

You should always be prepared

The atmosphere can be cut with a kn--e but some are still convinced that they are safe. What makes people feel that way? Isn't it very obvious that bad times are coming? It's good to hope for the best, but you should always be prepared for the... — read more 

Rsus

How are those rsu’s looking sycophants?

SunTruist stock will be

20$ per share by Friday. Down 13.5% this week. After hours trading down 5% already. Market cap down to 37.5 billion. We may be the next biggest bank to fail. BBT shareholders paid 62$ per share for this fiasco. Unfingbelieveable!

We all know layoffs will happen

So how and where will they be able to reduce headcount by 3 percent or more. C suite will be in a panic after this weeks 10 percent drop in stock price and it’s only Tuesday.

Offshore teams are ki-ling us

They never get anything correct and it is a hassle trying to communicate with them between the language barrier and time differences. I know I am not the only one that feels this way

Reputation destroyed

It is very easy to destroy a reputation and I think our leadership has done just that. I'm embarrassed to tell people I still work here. I wonder if they even think about the reputation of this place, are they aware of how tarnished it is and will... — read more 

LinkedIn description of HR person

Name withheld to protect the guilty. We really hire people like this. Hired from another bank 1 year ago, amazing! Senior Human Capital Enablement Partner, Senior Vice President - Risk Management Truist Apr 2022 - Present 1 yr 1 mo Charlotte, North... — read more 

3 Payroll Mistakes This Year

Zero Operational Know-How! Screwed UP: bonus payments, employee stock purchase plans, 401ks... NEED TO INVESTIGATE.

One View?

Any folks on here support One View, Payments Hub, Digital Treasury or Treasury Manager?

Kellly’s Legacy

So right at the bottom of the JD Power’s survey of customer service and satisfaction!! Great legacy Kelly - it really says it all! Let’s see if your Seeds of Hope can fix all of the lives you have destroyed.

How do Bill and his pet CFO

Spin the sure to be lackluster earnings report as a positive. How many times does he use the word purpose (or some variant) and merger related expense. Whom does he blame for the continued erosion of stock price and profitability that is certain to... — read more 

Fox Business News 100 Layoffs at Fix Income?

GaspereNo is checking out what's happening in Fix Income. 100 Bloomberg terminals have the red dot... offline. Maybe everyone is in a meeting? If true then you are the canary in the coal mine.

More to come

The merger was ruinous. This was done sloppily, and the results scream poor planning. Leadership doesn’t care, the bank’s reputation is in the gutter and there is no clarity on roles and responsibilities. BB&T destroyed all that was good at SunTrust... — read more 

RIFT Not a Total Surprise

After 12 years with BBT/Truist, I was RIFTed this week. My technology team lost 1/3 of our technical talent, including me. I'm not bitter or angry. It's Corporate America. I've been preparing for this day since the merger was announced, both... — read more 

Drop Truist like a used rubber!

I was a Branch Leader in Columbia, SC. The "leadership" at Truist is terrible, especially the regional leadership. Truist "cares" about their quarterly earnings and not about their branch level employees. There is so much opportunity out there! Life... — read more 

Region Consolidation ??

I have worked at both organizations. I am surprised after the Suntrust takeover that there are still as many regions and layers. With cost cutting initiatives running rampant, is anyone hearing a flattening of the org structure and region count?

I hate this company!

I've been with Truist for 3 years. Spent 8 years at Wells Fargo previously. Why does executive leadership spew lip service? In all seriousness, i've never seen a company whose executives just say things that are lip service continuously. It... — read more 

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| 22860 views | | 9 replies (last March 25, 2023)
Post ID: @OP+1lNH55xJ

All of the heritage BB&T and ST employees

If you are not happy with the new bank, please leave! Enough of your continuous negative comments! You all continuously post BS to heritage BBT vs heritage ST. Enough! It’s been 3 years. If you don’t like working for Truist then leave! Your negative... — read more 

Is my pension safe?

I took early VSRP and plan to start drawing pension in 2024. Does anyone know if pension is safe if there is a bank run and Truist has to be taken over by the Fed? I always heard from Kelly King talks that the pension was fully funded.

CIO just sold shares

Case just sold 11k shares. These were direct, not automated or option grants. He is not the only one. Where is the confidence? https://www.sec.gov/Archives/edgar/data/92230/000166427223000241/xslF345X03/f4_a1e2k00000rxrqfuad-live.xml

SIVB

Does TFC have any issues similar to SIVB?

Rsus

How those rsu s looking fat cats?

Aip vent?

String for your Aip vent

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| 22650 views | | 6 replies (last March 6, 2023)
Post ID: @OP+1lpJYbas

Can’t log into my laptop

Heard their were layoffs today in pockets across the company. Specially IT. Why is nobody talking about this?

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| 23450 views | | 4 replies (last March 3, 2023)
Post ID: @OP+1llzmyTy

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