Topics regarding layoffs at Truist Bank

Topics regarding layoffs at Truist Bank

It's rough out there

A friend just managed to land a new job, more than five months since he was laid off. He worked at Wells Fargo, but it's basically the same thing, the same industry. There are no good jobs available right now. None. He had to take a significant pay... — read more 

What are the options if PTO are exhausted

What are the options if PTO exhausted and need to travel to other cities but is able to work remotely after October ? Do our managers have the right to allow us to work remotely temporarily? What will happen if we simply just don’t come in 4 days a... — read more 

Truist Securities Pension

Truist Securities teammates were Truist Bank teammates and had a Truist pension for 6 months. Then the email came out saying sorry, no pension after this date, you work for Truist Securities now, and a pension isn't part of the plan. Anyone having... — read more 

Be a litigation opportunist

Be on the lookout for any and all opportunities to sue Truist. Lot of good employment litigation attorneys in Atlanta, Charlotte. If you belong to a protected class (race, s-x, disability status, s-xual orientation), capitalize on opportunities to... — read more 

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| 17560 views | | 5 replies (last October 3, 2024)
Post ID: @OP+1uLClrVI

Training

Genuine question — do any new employees get proper training at this bank at any level? I know when I came to TFC 3 years ago there was essentially no training in my segment of CCB. At my prior institution (in a similar role) I had a mentor and a ~6... — read more 

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| 16840 views | | 4 replies (last September 30, 2024)
Post ID: @OP+1uLydi3t

McGriff sold to Marsh

May 7, 2024: Truist completes sale of Truist Insurance Holdings and executes strategic balance sheet repositioning. New owners are private equity firms, Stone Point Capital, Clayton, Dubilier & Rice, Mubadala Investment Company and other... — read more 

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| 17470 views | | 3 replies (last September 30, 2024)
Post ID: @OP+1uLaAvrI

Head of mortgage underwriting

How did they get this job? I recently did a mortgage with this place and would never do it again or recommend this place to anyone.. I am a realtor and done thousands of transactions.I was told I had to remove personal property from my purchase... — read more 

Engagement Survey Results - Defense Mechanisms At Work

Our senior manager 1 below Operating Council takes no responsibility for terrible engagement survey results in our area. They joke about it. They blame return to office and say it's out of their control. They do not realize there is a lot, lot... — read more 

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| 18650 views | | 8 replies (last September 29, 2024)
Post ID: @OP+1uHLg79T

Plaintiffs attys…

There is fraud at this company. Please investigate the way employees are treated and the way the merger happened.

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| 18480 views | | 6 replies (last October 1, 2024)
Post ID: @OP+1uHKZnOC

What Does the Financial Inclusion Team Actually Do?

Can someone explain what exactly the Financial Inclusion team contributes? While we’re out here barely managing at the branches, there’s a group of so-called “purpose-driven” teammates delivering presentations that seem to add zero value to what we... — read more 

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| 18800 views | | 7 replies (last September 26, 2024)
Post ID: @OP+1uGHRZGo

Layoffs

A post a couple of weeks ago mentioned the possibility of layoffs in the fourth quarter. Is anyone hearing anything? What about first quarter 2025?

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| 20790 views | | 17 replies (last January 23, 2025)
Post ID: @OP+1uFvMht3

Worthless

You know that you are at the wrong bank when the top 10 bank cons work or have worked at Truist. Kelly king, bill rogers, Beau Cummins, Jason cagle, and the list grows…….

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| 18070 views | | 4 replies (last September 25, 2024)
Post ID: @OP+1uFPe3Kz

Why are Bill and his cronies still in charge

In one year this happened in Charlotte: Truist Financial Corp. (NYSE: TFC), also headquartered here, retained its position as the region's second-largest bank. Its local market share dipped to 15.75% in 2024 — down from 21.08% last year. The bank's... — read more 

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| 20080 views | | 13 replies (last September 27, 2024)
Post ID: @OP+1uEHN9BY

EL’s strategy

EL’s strategy at this point is to tap dance, deflect and stall while they bonus out to themselves the remaining capital while they can. Then sell the dry withered husk that is Truist to another bank and bonus out one final time with the proceeds of... — read more 

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| 18040 views | | 2 replies (last September 24, 2024)
Post ID: @OP+1uExg57Z

EOS Town Hall Mocking Teammates

Did anyone else catch where Brad and Beau talked about the engagement surveys, then joked about how disengaged people are. They joked about needing a tissue while reading the responses. Yes, morale is low. How about you respond to why people are so... — read more 

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| 19870 views | | 11 replies (last September 28, 2024)
Post ID: @OP+1uBQd56K

Feeling at peace with your decision

I’ve been with Truist for many years (20+) and now have a new opportunity that’s about the same pay. For those long time teammates, how did you know it was time to go and how did you get comfortable with your decision knowing you would lose your... — read more 

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| 19142 views | | 10 replies (last September 25, 2024)
Post ID: @OP+1uBJizmh

Purpose to Performance Awards

So instead of recognizing performers traditionally, via raises and promotions, just wait until someone nominates them for an award. I know top performers who haven’t gotten a promotion in over 8 years. Managers have no power to promote and the job... — read more 

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| 18040 views | | 4 replies (last September 21, 2024)
Post ID: @OP+1uB0JFyD

Savings Account Specialist

I was speaking with a financial advisor today and they had built a rapport after a few successful referrals. The financial advisor felt comfortable and shared that they have seen an uptick this year in referrals coming from TM throughout our area in... — read more 

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| 17541 views | | 8 replies (last September 20, 2024)
Post ID: @OP+1uzy79h7

Fraud definition

wrongful or criminal deception intended to result in financial or personal gain. Sound familiar?

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| 17550 views | | 5 replies (last September 18, 2024)
Post ID: @OP+1uyhrrI8

Truist management on this board?

So why were a lot of comments deleted from threads over the last two days? Is Truist management in here pressuring the moderator?

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| 18930 views | | 3 replies (last September 17, 2024)
Post ID: @OP+1ux6VU6g

You should be wanting change, not failure

I get that a lot of folks hate working at Truist. I’m not thrilled with my job either right now. But wishing for it to completely fail? What’s the point? It’s still paying my bills. The company failing would just flood the job market and leave people... — read more 

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| 17510 views | | 4 replies (last September 16, 2024)
Post ID: @OP+1ux0DGLZ

Purpose Corner Pizza Party

Anyone else hear that we are going to have a pizza party for an upcoming special edition Purpose Corner?

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| 17550 views | | 3 replies (last September 18, 2024)
Post ID: @OP+1uuWIlA3

BOLI

I’m surprised nobody has mentioned the new bank owned life insurance option. Let me get this straight, you want me to allow Truist to take out a life insurance policy on me? Be the sole owner and beneficiary at no cost to me? And it’s to help... — read more 

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| 20500 views | | 28 replies (last September 29, 2024)
Post ID: @OP+1utE3VFn

Retail Employee Appreciation

This was the first year since the merger that my department had a budget to appreciate the employees in retail banking. The branch leaders in my area were given approximately $2 per person after tax amounts for spending towards their teams breakfast... — read more 

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| 18760 views | | 11 replies (last September 14, 2024)
Post ID: @OP+1usgBeO5

Who's rooting against Truist?

Just wondering, who here is actually hoping to see Truist crash and burn? I’m really curious how many people feel that way. Be honest, no judgment!

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| 18820 views | | 15 replies (last September 15, 2024)
Post ID: @OP+1uszWY1Q

Q4 Layoffs

Hearing more layoffs bank wide due to poor Q3 financials. Layoffs will be late October thru early November.

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| 21910 views | | 9 replies (last September 10, 2024)
Post ID: @OP+1un3JCAH

Truist just Ba----dized their Premier Segment

Premier just announced they are no longer going up in segment to $3M and are instead going to put all their focus on gathering deposits from the $100K - $250K space. There will soon be a mass exodus of Premier Advisors from Truist since they have now... — read more 

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| 19390 views | | 8 replies (last September 9, 2024)
Post ID: @OP+1un1XGNa

CCS layoffs soon?

Friday the 13th meeting call within parts of CCS to discuss all things ibm

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| 17860 views | | 4 replies (last September 9, 2024)
Post ID: @OP+1unMTtat

Truist empowers managers to smear, lie, and steal

I’ve seen this over and over in every department. Managers stealing incentives from hard working people, smearing them, then lying about them in public. This organization really needs a change of leadership or needs to be shut down as it’s not... — read more 

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| 17600 views | | 8 replies (last September 12, 2024)
Post ID: @OP+1unIAacc

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