Thread regarding Truist Bank layoffs

FTE compliance related terminations

I’ve heard that some FTEs who are no longer with Truist were dismissed due to compliance issues. This is surprising, as several of them were high performers and strong contributors to Truist. Can someone shed light on what compliance issues led to these FTEs being terminated?


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| 29782 views | | 18 replies (last March 11) | Reply
Post ID: @OP+1kfxmdvt7

18 replies (most recent on top)

@vs are those reports on jigglers and teams meetings for contractors or TMs also? Asking because the blue splash screen at reboot specifies additional scrutiny for contractors. I’ve got a couple teammates who do solo teams meetings. I thought it was a pretty neat trick and started doing it myself.

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Post ID: @6da+1kfxmdvt7

@1vs - I agree. Honestly, I’m quite taken aback that this person was let go for simply updating their home address in Workday. Termination feels like an overreaction. A stern warning, like “Don’t do this again or there will be consequences,” or at least a formal write-up, would have seemed like a more reasonable and fair approach, in my opinion.

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Post ID: @1wf+1kfxmdvt7

@1vk "Truist is actively searching for any minor reason to let people go, all in the name of cutting costs and saving money."

I am torn on this, there are individuals left over from MOE who should have been/ be let go for major issues who remain, while actual contributors are let go for minor reasons if no reason at all for "costs" as you put it.

These actions are hypocritical/schizophrenic. It is still the same lack of clarity from leadership that lead to the different C suite departures over the last few years.

It shows me that EL still doesn't know what is important or efficient. At this level of post MOE asset size and corporate competitiveness, there has to be something else going on that is opposed to Earnings call guidance and purpose corner mission statements.

If they really want to cut costs and redundancies they should all resign.

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Post ID: @1vs+1kfxmdvt7

@jz - A teammate recently updated their home address in Workday to one that falls outside the 35-mile radius required for the return-to-office policy. Most likely, HR found out because when you update your address in Workday, it reconciles with other systems for insurance benefits, taxes (W-4, W-2), and other related records. Any discrepancies probably got flagged, which is how this person was caught. Of course, it's also possible they were talking to others about it, and someone reported them. Either way, HR decided to terminate their employment. It’s important for everyone to be aware that Truist is actively searching for any minor reason to let people go, all in the name of cutting costs and saving money.

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Post ID: @1vk+1kfxmdvt7

@vx I honestly do nott care what you think, just trying to help others so you can take it or leave it.

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Post ID: @zt+1kfxmdvt7

@vs calling FUD. if this were true 90% of the telecommuters would be cut tomorrow as they float from meeting to meeting to beat the sapience.

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Post ID: @vx+1kfxmdvt7

@v4 can confirm, we run daily reports of teams meetings with single attendees and we track mouse movement

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Post ID: @vs+1kfxmdvt7

Months back several contractors were let go as they were flagged as using Mouse Jigglers or having Teams Meetings with just them present to look busy.

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Post ID: @v4+1kfxmdvt7

@jz IF you are referring to JH, I cant list it out but it will just be removed. I want confirmation he was let go.

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Post ID: @k0+1kfxmdvt7

I’m genuinely curious what this person did. Termination over a compliance issue isn’t common. Most cases end with a warning or a write-up, so this must have crossed a serious line. That’s what makes it so striking. They were one of the team’s strongest contributors and consistently positive to work with. For it to end this way, the conduct had to be egregious. If you’re willing, I’d be interested to hear what happened, even in broad strokes, just keep it vague enough to not reveal identifying details.

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Post ID: @jz+1kfxmdvt7

@hy - The source doesn’t actually know the reason, just that it was supposedly “compliance related.” Was hoping you might share more here. You know my lips are sealed. With the right steps taken, nothing posted here can really be traced back anyway :)

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Post ID: @jm+1kfxmdvt7

Maybe you could ask the source you “heard” it from rather than a few hundred rando’s having their morning coffee.

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Post ID: @hy+1kfxmdvt7

Troll post. JH should be in prison. Stalkers gonna Stalk.

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Post ID: @f6+1kfxmdvt7

@OP in my area it was said we were to be careful not to be slack on work as everything is being monitored. And apparently enforced as a few folks are no longer here. Their workload was lighter than rest of us last few months though, long lunch breaks, random disappearances.

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Post ID: @er+1kfxmdvt7

Didn’t complete their learning portal by the due date.

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Post ID: @ch+1kfxmdvt7

@a4 - Tech department in Winston. JH team. Really good BA abruptly was sacked right after the new year

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Post ID: @an+1kfxmdvt7

ECOA violations

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Post ID: @ah+1kfxmdvt7

@OP which department? Haven’t heard anything in Winston…

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Post ID: @a4+1kfxmdvt7

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