Topics regarding layoffs at Truist Bank

Topics regarding layoffs at Truist Bank

Just going to leave this here...

Truist employs 6 FULL TIME pilots, and is hiring for a 7th - for who knows how many planes. But save those paperclips guys, expense management is our #1 priority!!

Where do you see Truist in 5 years?

Lots of talk on this forum about maybe the bank being sold off again once the merger is done or the quality just continuing to deteriorate as more people leave. Does anyone actually expect to still be employed with Truist 5 years from now? He-l... — read more 

No, you are not safe

No offense, but c’mon...how in the world can you work at Truist and think that your job is EVER going to be safe?? Have the Executives been transparent with you about ANYTHING yet?? We know about the big Executive compensation increases, but how much... — read more 

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Post ID: @OP+1aQTc7Ii

I find all of this funny

People are outraged that a huge bank doesn't care about them as employees. Where have you been working so far? No bank, or any corporation for that matter, gives a damn about you and your wellbeing. All they care about is how to use you as much as... — read more 

Did I make the wrong decision?

I was hired less than a year ago and at first I thought this was a company that I could find longevity in. I should have known better after the first few weeks. Training (for lack of a better word) was nonexistent for me and it was basically sink or... — read more 

Downvotes. Is Executive Management Scared?

Others have noticed as have I that there is a sudden increase in downvotes on posts here lately. Can’t imagine these are coming from blissfully happy teammates who have life sized posters of Kelly and Bill in their bedrooms. Especially with the... — read more 

Outplacement

Who is the bank using for outplacement services?

New hire feelings

I'm curious as to people that were recently hired if they regret their decision yet or blindly believe this was a great career move.

Fingers crossed…

I have been looking to leave and have received quite a few rejection emails from job applications I’ve put in over the last few months. However, I actually received emails this week letting me know I was being considered for remote jobs that I have... — read more 

Exit Strategy

I would like to help Truist through this merger and asked management to help come up with plan that would be beneficial for Truist and myself for an exit strategy. Do you think I will get salary increase or retention bonus or severance package to... — read more 

Should I still worry?

Do all the branches that are slated for closing already know that? What are the chances they're going to spring it on us at this point? I'm thinking they notified people well in advance but I can't help but worry. I can't wait for them to announce... — read more 

Truist accelerates branch cuts, closes in on expense targets

Truist Financial has been slashing branches, headcount and shuttering office space as it inches closer to the cost savings goals laid out when the company was created through the merger of BB&T and SunTrust Banks. “We are going to hit our targets... — read more 

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Post ID: @OP+1awpNfaX

The key from the Q1 earnings report

Adjusted efficiency ratio was 56.9%, up from 55.9% in fourth-quarter 2020. A rise in efficiency ratio indicates deterioration in profitability. This can only mean more consultants coming in to figure out more people to get rid of. It’s never... — read more 

It's time to leave

It's time to leave, even SVPs are planning their exodus before year-end. They took away a lot of your incentives and dumped more work on you. Frankly, I'm sick of all of them and I plan on leaving soon, life too short to put up with this hot... — read more 

Leaving this here

Employers are ideally looking for an employee who has the wisdom of a 50 year old, the experience of a 40 year old, the drive of a 30 year old, and wants to work for the pay of a 20 year old. And if you're out of any of these categories, pack your... — read more 

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| 19100 views | | 1 reply (April 18, 2021)
Post ID: @OP+1ap5750p

No room for growth

I've been stuck as a personal banker for a while now and I know I have no chance of moving up. I'm not best friends with anybody in management nor am I related to any of them, so I'm stuck most likely forever. Anything else would require I develop... — read more 

Saturday branch plan

Word is we are adopting a form of the sun trust Saturday branch plan where branches open on Saturday will have to self-staff without rotating in neighboring branch teams to support and manage the workload... As a HBBT associate I am very concerned... — read more 

Greenwood Announcement

Anyone that stupid to believe they care about underserved communities??? They have the only person of color on the executive team quoted for the article and all the white executive team just sits back. I’m telling you 3/4 of that place could care... — read more 

Everyone is replaceable?

I really hate that attitude. No, they are not all interchangeable, that's just wrong. This company now has a problem with the lack of talented people. They probably think that talented and good employees are expensive, so they prefer to opt for... — read more 

Truist and Women

If only they really felt this way about women working at Truist; Truist @TruistNews · Mar 1 Breaking barriers, taking risks, and inspiring others to be better. This #WomensHistoryMonth and always, we celebrate the courageous women, both past and... — read more 

Can we hire somebody with experience?

First let me say that I hate the fact new people are being hired instead of offering available jobs to those who were let go in the past year in the first place. What's even worse is that people we do end up hiring have zero experience. They either... — read more 

How many?

It just hit me today that a lot of talented people in my LoB have left the company within the last year. I realize that many of them had the knowledge and experience that is needed but is now lost to the company for good. How many more need to go... — read more 

Costco vs. Truist

Costco: Crazy company with a crazy notion that happy/well paid employees equal good customer service, less turnover, and less need to keep training. This in turn leads to happy customers who show brand loyalty. That in turn leads to happy... — read more 

When will things settle down?

It's been more than a year since the merger and it seems like we are still in the transition period. We still hear talks every day about restructuring, synergizing or whatever the word of the day is for more cuts and it always somehow gets linked... — read more 

You can move on

People keep lamenting about how much they hate this place but they stay because all other banks are just as bad. People seem to be stuck on banks as the only option for them to walk away. But there is so much more out there! Your skills might be... — read more 

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| 26680 views | | 3 replies (last February 28, 2021)
Post ID: @OP+19C3EpGx

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