Topics regarding layoffs at Truist Bank

Topics regarding layoffs at Truist Bank

Ridiculous place to work

This place is becoming one of the most ridiculous places to work. “Inspire and build better lives and communities”- since when? This place is about being nice and bending over backwards for our “premier” clients, and treating actual people who need... — read more 

by
| 19530 views | | 13 replies (last January 6, 2024)
Post ID: @OP+1qp6PRXK

Fear of layoffs as corporate strategy

Mediocre performance, layoffs, spending on toys instead of critical infrastructure, and an expanding executive team that rewards itself handsomely for failure. Not being paid fairly and not doing anything about it is the mentality they hope you... — read more 

CCB continues to bleed

Not to beat a dead horse but in CCB (specifically in Commercial or Business Connect size) it's honestly been a dumpster. Feels like every day I'm hearing of decent sized accounts leaving. Yesterday had a company accountant call in telling me how... — read more 

by
| 16291 views | | 1 reply (January 5, 2024)
Post ID: @OP+1qpuR5iW

January Purpose Corner is Up

Care. Purpose. Regional deposit powerhouse. Positive energy. All my concerns have been addressed with the Jan. Purpose Corner.

by
| 15960 views | | 9 replies (last January 5, 2024)
Post ID: @OP+1qpOi5zO

My motivation is all but gone

What's the point? No matter how hard I work, my chances of being laid off are just the same as those of a person who barely does any work. Since people are being laid off based on their pay instead of performance, why should we bother with giving it... — read more 

More tomorrow

Don't think it's over for a second. There'll be more cuts tomorrow.

by
| 16230 views | | 4 replies (last January 4, 2024)
Post ID: @OP+1qp43WpQ

Underpaid and undervalued

Who else believes they are underpaid and feel undervalued at Truist? I might be wrong, but I have a feeling this is the majority of the workforce. Truist has been treating all of us like cr-p ever since it came to be. I hope I can find a new job as... — read more 

Severance is not what you think...

Was RIF'd in November. Severance hits before EOY... 45% taxed. Looks like it's being taxed like a bonus. That 12 weeks of severance pay now plays more like 4-6 if you stretch it. Purpose.

Will there be more branch closures ?

Was this just the tip of the iceberg . Will there be more branch closures to come ? Will they start cutting postions in the branches so we’re skeleton crew ?

by
| 13380 views | | 7 replies (last January 4, 2024)
Post ID: @OP+1qn0G3FW

Employee Pay Scales - are you paid fairly?

See below for the midpoint by grade, so what they'd offer someone off the street to do your job in Charlotte. 101 / 53,740 102 / 56,055 103 / 59,175 104 / 61,895 105 / 64,830 106 / 70,305 107 / 78,475 108 / 90,535 109 / 101,915 110 / 114,975 +15%... — read more 

Things are not looking good for 2024

If people hoped next year would be better, a new survey says otherwise. Mass layoffs are in store for 2024, and it might end up affecting nearly half of companies, according to a new poll. That's the latest information from a Resume Builder survey... — read more 

by
| 18330 views | | 6 replies (last December 29, 2023)
Post ID: @OP+1qiqZcEB

I’ve lost all faith in Truist and EL

Like the title states, I’ve lost all faith. This is not how you lead and manage effectively. It’s sad that a once fine institution (BB&T) has become the pile of sh-t. I feel like BR is just trying to run down the bank until he can sell it for once... — read more 

Cleaning time

20 year SunTrust vet here. Left on own accord at closing of deal. They This was such a complimentary merger on paper. SunTrust with a really strong middle markets commercial biz and BBT with an amazing consumer platform. (SunTrust’s consumer... — read more 

8K SEC filing - Donta new salary: 750k, 6MM total comp

Compensation Increase for Dontá Wilson: the Committee approved a substantial compensation increase for Mr. Dontá Wilson, who was promoted in November to Chief Consumer and Small Business Banking Officer. Effective January 1, 2024, his base salary... — read more 

New Truist Motto

I propose this motto for the Investment Services division: we will take something that every firm has one or two steps to complete and give you 10-12 here at TIS. TIS will not allow you to put multiple teammates names on a pre-printed thank you... — read more 

by
| 16340 views | | 3 replies (last December 22, 2023)
Post ID: @OP+1qcpXeVJ

Time to go Union like Wells Fargo

🏧💵🏦 Or apply at Walmart, same thing as banking now! Banking used to be a respectable job, not so much anymore 💲💰🤑

by
| 15370 views | | 4 replies (last December 28, 2023)
Post ID: @OP+1qcrddAF

Branch closings

Out on the nc dept of banking there’s a list of 70-75 branches bank is closing March 19

by
| 15350 views | | 5 replies (last December 22, 2023)
Post ID: @OP+1qcpJTDL

Weaver call 1/5/24

CCB massacre comes on January 2nd and 3rd. Coach Weaver will sooth the Teammates that remain and tell us how great the future is going to be. If you remain you are the future of SunTruist and you have our faith and confidence, oh by the way my wife... — read more 

by
| 15940 views | | 10 replies (last December 24, 2023)
Post ID: @OP+1qbMeQMy

JD Power ranking

We’re still number nine out of nine but Bill can say we’re getting better: Truist was ranked ninth again with a score of 624 out of a possible 1,000. Although the score was 29 points below the industry average of 653, it represented a 19-point... — read more 

by
| 18030 views | | 10 replies (last December 21, 2023)
Post ID: @OP+1q9z7KAL

You’ve got it all wrong…

What us hBB&T’ers are so salty about is the fact that we had it soooo good. And it was stripped away by SunTruist. Great culture, fair pay, good benefits, sense of pride in working for a stable institution so committed to its roots and communities... — read more 

by
| 20380 views | | 15 replies (last December 21, 2023)
Post ID: @OP+1q8Vpb5B

Jacksonville

What is happening the the North Florida area?

by
| 20390 views | | 12 replies (last December 19, 2023)
Post ID: @OP+1q5XU8Yy

This bank is trash

Our risk partners are gone and no one has any idea who to work with. Several major initiatives are staffed exclusively with contractors. No one knows who their boss will be with the next wave of announcements in January. Nothing is getting done... — read more 

by
| 21490 views | | 15 replies (last December 20, 2023)
Post ID: @OP+1q5QkWUp

Wealth is in Shambles

With the layoffs of Wealth bankers and those in Operations and Supervision it is taking over 5 days to get an account approved for investment, 2 days to load on Envesnet and the get a clients funds invested. I had two wire that I had to do that were... — read more 

by
| 20680 views | | 10 replies (last December 21, 2023)
Post ID: @OP+1q5Vrym8

AIP & BIP

Who has factual information about AIP & BIP funding rates for this year’s company & individual performance?

by
| 21110 views | | 8 replies (last December 15, 2023)
Post ID: @OP+1q4dFcQW

Rogers from Goldman Sachs symposium

Just read the transcript and not once did Bill use the word purpose. Color me shocked. Talk about word salad, wow, we are the best banking franchise in this country! Go read it, his perception versus the reality we all see is quite striking.

by
| 20280 views | | 5 replies (last December 16, 2023)
Post ID: @OP+1q43D6e5

This is exhausting

Thinking about layoffs and RTO all the time, accepting that raises and bonuses will most likely be nonexistent, being resigned to working in a toxic environment...this is all so exhausting. I am old enough to remember when working meant having job... — read more 

by
| 23950 views | | 26 replies (last December 17, 2023)
Post ID: @OP+1q3jLB2n

Rsus

Did they cut rsu’s for next year?

by
| 22600 views | | 7 replies (last December 17, 2023)
Post ID: @OP+1q2vZxnu

Kellogg School of Management

We have hired a large number of grads from Kellogg in the last 3 years. I know the reputation is supposedly impeccable but why and where did the fascination of grads from here suddenly come from?

by
| 21330 views | | 4 replies (last December 13, 2023)
Post ID: @OP+1q2Ddod6

McGriff

What is going on between Truist and McGriff? All McGriff were removed from all Truist buildings. Seems like something is up, besides just spinning off to Truist Ins Holdings

by
| 24030 views | | 11 replies (last December 18, 2023)
Post ID: @OP+1q1Zazv2

Start a new thread - post a news comment, question or message:

: