Is anything coming, or are we still safe for now?
9 replies (most recent on top)
WFC, BAC, and JPMC are all laying people off left and right, even though their stocks are doing great. TFC certainly will have widespread cuts
@bs are you drunk on truist kool aid??? there are 100% more cuts coming.
@dt - Rinse and repeat. The Truist way!
If you were demoted or offered a package, you are “safe.” They pick targets, force retirement/rif/demote, shuffle people around like livestock, layoff, shuffle. Rinse and repeat. Long time teammate? There is no path to success- they just bring in their friends from their old bank. When I think the brand and culture can’t get any worse, it does.
@df thank you chat GBT
Truist is currently witnessing remarkable growth and success, with frequent media buzz surrounding the opening of new branches and the renovation of existing ones. However, this surge comes with its own set of challenges. As part of efforts to meet year-end financial targets, boost stock value, and satisfy shareholders, layoffs are expected in the fourth quarter. It's a bit of a double-edged sword.
It looks like RMO went through some cuts
No cuts coming. Don’t y’all read? 300 branches in the highest growth areas going to be remodeled and upgraded, 100 new branches being built, new Premier bankers to be hired. BillyBob and Donta gonna crush Huntington, Fifth Third, Chase, PNC and all other competitors who have poaching our clients. It’s going to be fabulous! After 6 years we’re going on the offensive baby. Hold my beer and watch this!
Something is always lurking underneth. "Thirty nine hundred teammates went into the water, thirty seven hundred come out, and the sharks took the rest".