Anyone else hear about layoffs impacting One View product, EXD and tech teams? I’ve heard rumours but not sure timeline of layoffs. Anyone able to confirm?
Never forget this about Truist
market capitalization of $64.7 billion, as of December 31, 2020. They can’t blame it all on Kelly as much as we’d like. The butterflies are still dying it’s just not KK ki-ling them.
EPIC layoff package sounds pretty good
“Saying goodbye to people who have helped build Epic is a terrible experience for all. The consolation is that we're adequately funded to support laid off employees: we’re offering a severance package that includes six months base pay and in the... — read more
Credit Card Activation
Are there any terminations related to the issues with the credit card conversion. There are thousands of clients out there who can not use their cards. Their response is we don’t know when it will be fixed. It’s not the people answering the phones... — read more
How does the layoff process be like?
Is the laid off date effective right away? Like effective date = termination date? Or they would take away your system access first but give you a time period like a month so you can stay on the payroll for 1 more month?
Motivation Level Poll
Company really knows how to motivate employees by forcing a return to office then announcing layoffs of thousands of employees months later. What’s your motivation level?
Why you should give no 2 week notice
Given the lack of communication by the org, poor leadership and high probability of layoffs every other day you should give no notice when you land your next job. There is a chance you will be laid off and receive severance so why chance during a two... — read more
Help yourselves
In your control. Polish your resume. Do mock interviews. Make a list of career contacts outside. Call that list networking for opportunities. Apply for jobs. Decide what skills you want to improve. Find out how to improve them and make it happen. Cut... — read more
FTE Badge Swipe & IP Monitoring
Any one hear about them monitoring badge swipes and IP addresses for how long people are in the office? Has anyone been talked to by their mgr for not being in the office 8hrs?
"Layoff with Care"
How thoughtful of Bryce.
Remove senior executives
How do 2 profitable banks become a loosing money pit? Just get senior level management that has no background in tech make the tech direction decisions ... To heck with price performance models used by largest manufacturing companies in... — read more
How does today look?
I barely got any sleep worrying about more layoffs.
Lending operations/cig ops ??
Anyone hear anything regarding any of the lending operations departments in regards to layoffs?
There is no "I" in Trust
Time for the worker bees to pay for the inefficiencies of management.
Marketing All Hands Thursday
Cuts before, after or during?
Experience Design
Has anyone heard of RIFs coming for the experience design department?
Displacement Program @ Truist?
For Truist workers impacted by layoffs, does Truist offer a program giving RIF’d workers access to internal job postings to be able to apply for stronger re-hire opportunities?
Anyone else?
Is anyone else struggling to be productive since the RIF/8-k announcement? I’m personally terrified and while I’ve been through this before I just feel every little thing is being scrutinized- but all the wrong things for the wrong reasons. — read more
When you start with care, you get a different kind of bank
These commercials are so strange! When do they plan to start caring about employees or customers?
I hope your happy Kelly King!
Hope you feel good Kelly King for destroying so many lives. Judgement day isn't that far for you!
Wholesale payments
Anyone know what teams will be impacted specifically in treasury ?
Today's layoffs
Is anything else getting hit?
Boston Consulting Group
rumors that BCG is gettin a 25% cut of the saves from rifs Wtf can anyone confirm?
All of Depsoit Adminsttation RIFD
Whole department RIFD, last day is Friday!
Client facing employees not impacted?
After looking at the Barclays presentation a friend shared with me that there was a Refinitiv Q&A where Bill Rogers stated the reduction in force would not include client facing roles. How can he have said this at an investor conference?
Tech is done
Not ONE of the three "replacement" leaders has a real tech background. They're all business "leaders". There are some actual tech leaders with tech skills at Truist. And, the fact that that were ALL passed over should tell you that Truist is... — read more
After an embarrassing third quarter earnings report, Truist stock will plunge!
Thoughts? What do you think they will report for their third quarter earnings report?
Will Ken's Departure Result in Layoffs on the Tech Side?
Thoughts? Impacts?
Ken Meyer gone
Effective today
So how much
of the Barclays presentation be regurgitated during the third quarter earnings call? How much savings will be claimed in third quarter and how much clarity will Bill n Mike put on new EL changes for example during the call? Quarter four will be... — read more
No more guaranteed retirement
With all the layoffs and all the - often forced - attrition, we are at the point where we are more likely to get eaten by a shark than successfully retire from Truist. Remember when this was considered to be a job for life? I wish we could go back to... — read more
Just saying REALLY?
Truist Financial Corp. boosted CEO Bill Rogers' total compensation by about 27.3% last year, according to a recent filing with the U.S. Securities and Exchange Commission. Source Salary.com
For folks who are finding a new job
First of all, I hope everyone will be safe or get an even better placement eventually. So recently, I've been interviewing for other jobs, and I keep being asked why do I want to leave the bank. I tried to use some general answers like career... — read more
Blessing
In late 2018 I received a severance package after 20+ years of service with BB&T. At the time I thought it was the end of the world, but time has shown what a blessing and favor the bank gave me before the s@%# show started in early 2019 when the... — read more
What does Scott Case even do?
Look, I like a good ole fashioned dog pile as much as the next person, but what does Scott Case even do? Ken M is surely culpable, but I feel like he is just the hired bad guy between the truly poor decision maker. Reorg him out so we can at least be... — read more
ELIMINATED TODAY
Truist Foundry axed today. Innovation not important to the organization
Truist Toxic Culture
This last week has been the worst in my whole career. This company is burying itself making employees walk on eggs shell why poor management gets a pass. I pray for all employees. October is going to be bloody. Keep your head on a swivel.