I'm hearing the next level of announcements is being delayed. Nothing like taking everyone's anxiety up to 11. It's really been horrible the way they are rolling this out. And now there is good chance this thing doesn't even close this year. ... — read more
Topics regarding layoffs at BB&T Corp.
Unfortunately experience isn't a factor most of the time. Longer service typically are the highest earners, low hanging fruit in the whack-a-person game. For whatever reason the powers that be appear to be favoring Suntrust in this merger. Strange... — read more
Has anyone been laid off yet due to MOE or know of anyone that's been let go in preparation for the mass layoffs that are bound to happen? Just curious if they're leaning towards the normal rif process or going a different route. Would love to hear... — read more
It's all fine and dandy to tell us layoffs are coming, but is there any way to provide more info on it? Mostly, when?
Anyone have knowledge on Wilson, NC? Wish we could get definite answers on departments staying and going...
I don't know about Wilson, but I know the Bank is looking to cut costs (ie salaries) by around 20% or 25% per dept. All layoffs will occur at once, prior to the merger in October. If you are let go, at least you can feel comforted knowing you won't... — read more
Jan 2019: Boston consulting group came in and the 25 year old MBAs are driving management to fire staff apparently without concern for how the business will run without enough staff or experience. BBT culture is now destroyed. Morale is non existent... — read more
Another round of management layers to be crowned tomorrow, another step towards the Synergies coming to fruition. This group will include many who have been incentivized to make the transition seamless with five and six figure stay bonuses. How much... — read more
This was a good company once that appreciated its employees and treated us well. Those days are long gone now. Today, we are all about profits for shareholders and nothing else. Anything and anybody will become a victim of the never-ending race for... — read more
If you don't lose your job in the merger certainly you will want to work for a banking institute with a real name. They will spend multiple millions rebranding with this nonsensical name, wow!
The list does exist. About 1000 branches in total between bbt and sti are potentially going to be closed. Can we get more info on this, please? When, where, anything? — read more
We at BB&T understand that employees are replaceable. Nothing personal, rather tough business. We are doing what is best for shareholders. Shareholders confidence in executive managements decision to make Premier Financial Institution the best of the... — read more
All hail SunKing...Premier? What do you think?
I’m a real estate investor in the Wilson market. BB&T has 2,200 employees in Wilson NC. The new 35mm building they are constructing to consolidate operations will house 650 people. Assuming the 6 branches in Wilson County make up about 100 employees... — read more
We can expect to see so many more layoffs once the merger is completed. Not only consolidation layoffs (which in themselves will be huge,) but this will give both banks a perfect opportunity to get rid of whomever they want without too much bad press... — read more
Very true. Too bad nothing like this will actually happen. In a nation with almost 37 million workers over the age of 55, the quandary of SunTrust-BB&T workforce will become increasingly familiar across the U.S. economy... — read more
How do you all feel about the merger?
Finish the sentence...
The little media coverage I find of the layoffs at BB&T have no details because the company is declining to say how many people were laid off. Why? What is the point of secrecy? Here's the latest example:... — read more
Does anyone know when round 3 and 4 of the layoffs are happening? Being told it will all finish by end of February.
Has anyone heard anything about the call centers in Lumberton NC or West Virginia? (Special assets collections)
What is the likelihood of BB&T layoffs in Winston-Salem in 2016? Please let me know if you have any information. — read more
Things can be better, improved and stellar, especially, sure sure, because I hear that we might have job reductions and layoffs in Winston-Salem.
DON'T. stop waiting and leave. I did and found a great job and with the just increase in pay calculated it will take about 1 year to earn the entire layoff pkg. (I was there 12 yrs.) That doesn't take into account a possible promotion that would... — read more
BB&T is closing its Fallston branch in December, but so far, no layoffs are announced as a result. Hopefully, it will stay that way. http://www.shelbystar.com/news/20170824/bbampt-to-close-fallston-branch — read more
When will things improve, are they, I am still hearing about layoffs in Winston-Salem.
Up to 2,000 positions will be eliminated by the end of the year through severance packages, forced retirements, and vacant positions that will not be filled. A majority of the layoffs will come from the retail bank through branch consolidations... — read more
BB&T announced it'll be laying off 56 people from its Charleston processing service center. It seems that the affected people have already been notified... — read more
Do you guys outsource over there at BB&T? I work for a competitor and a headhunter reached out to me (casually) and told me about a potential opportunity in the IT group. I've spent a few minutes on LinkedIn and Glassdoor researching but I was unable... — read more
I know BB&T is taking a meat cleaver in slashing jobs in PA and NJ They screwed up when they bought 2 banks in the same area. on top of that those places did not have staff really focused on sales. this combined with total lack of advertising in the... — read more
Roughly 6 months ago at a BB&T branch two of my coworkers who have been with the company for at least 15 years came in one day and were let go. As far as everyone in the branch were aware of, they were exemplary employees who were given no notice... — read more
I’m at my 5 year mark with BB&T and since I started I’ve yet to see an improvement in resources and manpower. Majority of the time our staff is at the bare minimum. This causes associates to scramble around hoping to accomplish tasks set for the day... — read more
Company laid off thousands of employees to bump up shares of stock at year end. Guess who benefited... Kelly King CEO who just got a pay raise of 9.1% bringing his total compensation to $12.67 million while the President and COO, Chris Henson got a... — read more
Will there be any BB&T Layoffs in 2019? — read more
Several folks have been laid off this week in Wilson, NC in Corr. Landing. Some of them have been with the company for many years. We hear that the cuts will be affecting other locations and that more may be coming in 2 to 3 weeks - I honestly hope... — read more
Very little is available on this week's layoffs. We don't know how many people were laid off, what was hit, and most importantly - are we done? Does anybody know if we can expect even more cuts in the following few days or has everybody been notified... — read more