People keep lamenting about how much they hate this place but they stay because all other banks are just as bad. People seem to be stuck on banks as the only option for them to walk away. But there is so much more out there! Your skills might be... — read more
Topics regarding layoffs at Truist Bank
This is what's replacing us! https://www.emarketer.com/content/truist-pilots-robo-advisor-continues-integrating-bb-t-suntrust-platforms
Makes me laugh! Human Capital Truist believes it is crucial to attract and retain top talent who can further Truist's purpose, mission and values. To facilitate talent attraction and retention, Truist aims to provide teammates a diverse... — read more
SEC form 4’s are flying for the big boys last 10 days. How bad do you think you will be treated. Yes, pretty bad.
Why does it seem to me that they are they forcing us to leave in any way they can? Even though they are saying employees are moved to other branches, they are cutting our hours, so we will have to leave, I went from a 30-hour week to a 12-hour... — read more
Enterprise Tech all hands on call. Improvement of efficiency ratio is a goal. We know what that means. Scott Case says everything is going great with the merger. Does he really believe that?
If this was shared before and I missed it, I apologize. https://richmondbizsense.com/2021/02/09/truist-bank-closing-dozens-of-virginia-branches-including-10-in-richmond/#
Major reorg in Enterprise Tech today. Hard for me to know if jobs were eliminated. They keep that quiet. Hopefully things will improve. The merger effort could not get any worse!!
I left a few months back but I'm curious how the merger is going. Before I left it was a total sh– show. I was traveling recently and noticed that every SunTrust/BB&T branch that I saw is still branded with the two separate orgs heritage logos. ... — read more
Anybody here worked at Wells Fargo before? I got an offer to switch, trying to figure out if it's a good idea.
Don't think for one second that the miserable work atmosphere is accidental or a coincidence. The leadership is intentionally cultivating a hostile work environment in hopes more people will decide to walk away. After all, attrition always beats... — read more
I accepted my job at BB&T believing I'd be able to have a career there, make progress over the years. I was told so by my interviewer, and it was confirmed by several of my acquaintances who already worked at the bank. A little over a year latter the... — read more
Someone else posted that today the 29th was supposed to be layoff day. Anyone hear of anything?
I'm having a major issue with my manager . We got a new guy a few months ago. He was transferred from another department and I'm starting to see why. His management method is bullying that borders on harassment. I'd like to take this to HR, but I'm... — read more
Sold 176000 shares at 50.22 per share. Must’ve needed a new home in Charlotte. Don’t worry he still has some 800000 shares available to sell.
Working at Truist means: having no work-life balance because you are doing the job of three different people for the price of one while under constant threat of layoffs while receiving no support from your superiors and receiving no... — read more
When the merger happened, I decided to give it six months to see how it'll play out. I knew after three that I wanted to leave, but then the pandemic happened and I was stuck. After nearly nine months of looking, I've finally landed a new job. I want... — read more
I had a screening call with a recruiter today who found me on LinkedIn who was recruiting for another large bank. The potential compensation would be significantly higher than what I make now and I’d be involved in some truly innovative work. .. — read more
Enterprise Technology is Broken! The folks in charge of this project don’t have a clue how to run it. They refuse to let us have SunTrust accounts in our test environment!! This is absurd and has become a running joke! They keep changing plans... — read more
I got word another round of layoffs this Friday, if you hear something post here. Thank you!
if some of the unbelievably horrendous leadership coming out of some of the new management, especially ones coming from IBM are deliberate attempts to create mass voluntarily attrition. Some to the decision making I’ve seen lately defies logic... — read more
How many hoops would I have to jump through to be approved for stress leave? Right now I feel like I'm drowning at work. I keep getting more work piled on despite already being overworked, I'm expected to help all the new employees which amounts to... — read more
I know quite a few people who have given up unvested RSUs to take opportunities outside of Truist. Not sure I would do that unless I was blown away by an offer. As horrible as working here can be, I just can’t see leaving that on the table... — read more
Please stop advocating for permanent work from home. You are shooting yourself and the rest of us in the foot. If it turns out that jobs can be done from home permanently with no need for an office, do you really think Truist is still going to pay... — read more
Truist is eyeing $1.6 billion in merger-related net cost savings. It achieved about 40 percent of that in 2020, with plans to pass the $1 billion mark this year. Bible said Truist is targeting $2.94 billion or less in adjusted non-interest... — read more
I see people constantly worried and stressing over layoffs but nobody is paying attention to the fact that Truist has been working hard to create the environment that will push people to quit. Why pay severance if you don't have to? Pile on the work... — read more
Dial in and listen to how well things are going while you struggle and worry if today is your day to be RIFed. I’m sure they will tell us how great the marketing deal with NFL is also. I know everyone is proud of this!
The most capable and competent are also the ones who can most easily find another job. It's just a reality. Truist will have to pay top dollar to hire their replacements and there is always lost productivity while getting the new hire up to speed... — read more
Is it just me or do layoffs never stop here? It's like every couple of weeks I here that a few people were laid off in one department, then the other, then someplace else... This is really unnerving. If we had announced layoffs at least we'd know... — read more
Attrition rates at Truist right now are out of control but that's not what worries me. Attrition is a fact of life for any company. The real issue is who's leaving. Sadly, the most are our best people and losing so many can have a profound effect on... — read more
Among all the regular daily chaos with this merger I sometimes forget that Kelly will be stepping down this year. For all his faults he at least fought to keep the old BB&T pension. From everything I’ve heard about Bill it seems like a bad... — read more
Truist is a bad place to work, I think we can all agree on that. But don't be too quick to leave and burn all the bridges behind you. Two of my former coworkers impulsively left within the last six months (one even quit after an argument with his... — read more
Good people are leaving and either aren’t being backfilled or in the case of management, being replaced with people who don’t even have the decency to talk to their new team and ensure a smooth transition. That’s it. It obviously didn’t matter to... — read more
How is it possible that King has 91% approval rating on Glassdoor? That's one of the highest CEO approval rating I've seen on there! Those can't be legit, right? I haven't heard a positive word about him among employees for a while and certainly not... — read more
People who are quitting - where the hell are you going? I've checked out alternatives on this page and things seem to be the same or worse wherever i look. So unless everybody is hating it here so much they're willing to jump into an even c-appier... — read more
A Truist spokesperson said the deals will have minimal impacts on employees, and the bank is supporting those affected. Some will join the new companies; others have secured new roles at... — read more
I see so many people unhappy with their jobs and I couldn't be more surprised. I personally love my job, including everybody I work with. I've never heard any of them say they hate their jobs and we are all close enough that we would tell something... — read more
You deposit your checks via "U", the pandemic proved you don't need in house bankers, you won't need back office adjusting rates as the bank pays you nothing for interest. They take your money, charge you up the butt in fees and lend your money out... — read more
Some colleagues tell me in confidence that they have never put less effort into their work and that they only give the bare minimum. I listen to this with disbelief because my case is completely different. Without any exaggeration, lately I’ve been... — read more