Thread regarding Truist Bank layoffs

It is not if you get laid off, but when

When a business is failing and in a tailspin, there is more work to be done by the few that are left. Stress levels increase exponentially. This brings out the worst behavior. Depending on your location it will affect the timing of the layoff. Do not think because you were not laid off but someone else was at a different location means you are safe. When a company is downsizing there are several factors in how they do it. First, they will eliminate contract labor that is easy. Next, they will start preparing to lay off staff in different locations and/or geographies. Some states have thresholds on the size of the layoff. If they do not exceed that threshold, they do not need to report the layoff to the state. No, it is not if you get laid off, but when. Upper management starts to maneuver themselves into prime positions before they screw everyone else. You might call this the return of the “good old boy” network.

An on point post from @jon+18dWOScF, bumped for visibility.

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Post ID: @OP+18eJZITU

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I'd love to understand more about which groups were most impacted with these poor leadership picks. I know I saw some very questionable choices going into Donta Wilson's group. One manager that I was told was on probation and they were getting ready to fire him from another group (and those that reported to him all agreed he was GROSSLY incompetent) got a HUGE promotion under Donta in his org. Absolutely astonishing.

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Post ID: @1oie+18eJZITU

Those leadership choices were absurd. There was a lot of shock on my team over some of the most senior decisions. Really incompetent people getting huge promotions and some really sharp folks were overlooked.

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Post ID: @eed+18eJZITU

If you think the “good old boy network” ever stopped you are deluding yourself. You obviously were not paying attention when people were chosen for positions in leadership.

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Post ID: @tee+18eJZITU

Does anyone have any info on what will happen to Call Centers? Are Suntrust call centers outsourced?

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Post ID: @ffr+18eJZITU

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