Can’t wait to hear this commercial message about our Purpose Driven Financial Institution! CHARLOTTE, N.C., Oct. 25, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Mike Maguire will speak at... — read more 

For everyone who survives the layoffs, you need to ask yourself a question - do you really want to work for a company that can so callously put its employees through the stress, uncertainty and frustration that everyone is facing now? Businesses... — read more 

I know there are going to be huge waves of layoffs (I mean it’s kinda happening already…), and I know being a low performer will only be more negative in this situation. But honestly speaking, ever since they announced that 300 million cut, all I... — read more 

Apparently hiring was too aggressive pre-merger and during the merger. Layoffs to start next month just in time for the holidays!

Client calling saying their credit card declined. No reason for it. While it was being checked another commercial client called with the same issue. Long story short…… mo--ns at Truist coded all commercial credit cards holders as deceased and... — read more 

Haven't met a person who isn't trying to rush out the door. The ones having work thrown at the them and are putting on the biggest smile playing teacher's pet are the ones that sent their resume out a couple hours earlier and taking interviews at... — read more 

Mike Mayo didn’t write this! While the dividend is covered by earnings and shares trade at a large discount to BV, the decline in Q3'23 earnings and BV is not convincing. Truist Financial (NYSE:TFC) reported slightly better than expected earnings... — read more 

It feels like everyone who's still hanging around at Truist are the ones who haven't found jobs elsewhere yet. With "yet" being the key word in that sentence. Nearly everyone I know either already got laid off, left voluntarily, or they're out there... — read more 

Am hearing more and more rumors (from valid executive sources) that plans are well underway to outsource the majority of technology and infrastructure planning and implementation (including information security) starting in mid-2024 though early... — read more 

And SunTruist loves to drop stuff on Thursday afternoon emails.

Any updates for McGriff employees? Are layoffs still happening in the midst of talks to sell the remaining?

Best way to get everyone excited about RTO is to brag about how effective the repeat treatments for bedbugs are.

Unionize!!!! It’s time! The bank is protecting their interest who is looking out for our interests! Here’s some food for thought Building a committee. After determining support for a union exists around key workplace issues, build a committee of... — read more 

TIS just lost two of their top 15 producers. TIS actually thinks that no one will leave. LOL

CEO sounds like a broken record. Issue now is he is ki-ling insurance operation. Producers are actively looking for new opportunities outside Truist. All stock incentives provided have been a bust and clients don’t want to be a with a broker that is... — read more 

Enjoy the ride. I guess this is my stop

“The transformative work we announced in the third quarter to improve our financial performance is well underway. We are driving swift and meaningful actions to simplify our organization and reduce expenses. Our continued focus on core clients... — read more 

I’ve read multiple times that Truist is a “purpose driven” organization. If the purpose is to alienate employees and clients, it’s doing a great job.

So starting today SunTruist will get 2% less out of me. Sure I'm not the only one who is quite quitting. Hey EL, go fu-k yourselves!

I did not trust the "Leaders" of Truist, especially my new boss. Truist is heading in a terrible direction, cutting costs at the employee expense. They just reduced the 401K match to 4%, and don't think for a second they are not coming after your... — read more 

Effective 2024 Manager email just distributed, with more info being widely shared later today HR-

Anyone with info for remote workers if they were laid off how is that done? Not being in a office. An individual call? Meeting? Email? Whole team call? Any one know any expectations on that.

I got an offer from a company I really wanted to work for just to have it rescinded a few days later. Talk about a hit to my confidence. Is this something that happens often? Or am I just that (un)lucky?

I think the leadership is going to come up with creative ways to reduce expenses like maybe having everyone forgo raises and lower AIP instead of layoffs. I don't know of anyone that's been laid off.

Any idea how Truist earnings call will go tomorrow?

Become cheerleaders for Bill and his investment banker gang now, or do they continue to criticize the operation of the Purple purpose and trust technology giant formerly known as Truist (now SunTruist)?

Need advice, tips or tricks to ensure I get let go in the next round of rif's. No way I want to be here in 2024.

Another great start to the week at Truist! Let's get out there and give 110%.

Why does anyone care what he says? His track record shows under 50% accuracy and like a 4% return. The guy is a clown who knows no more then you or I. He get paid for his smugness.

Anyone have access to this article from Barron? Feel free to put it here.

Layoffs?

In life it is important not to be dependent on your job because these MoFos will never care about you. Always look out for yourself and don't be dependent upon your job. The key is to make more money than you need and that is it. It is simple. I... — read more 

The market seems to like this news, at least over the last few days. But after this, what is the next trick going to ... — read more 

Vinod didn’t find his Purpose! Led by CMO Vinoo Vijay, the marketing organization is playing a critical role in bringing the bank’s purpose, mission, and values to life. Moments of significant change can often present an opportunity for a business to... — read more 

This website is likely selling our info to Truist. They will be able to trace back the comments with the data they get from this site. You’ve been warned.

That's what Kelly kept saying. I don't think the transformation that happened is what he had in mind! Truist was going to digitally transform into some fantasy fintech! So, maybe the dying part is in progress.