Thread regarding Truist Bank layoffs

Accenture contractors mass firing

Anybody know what’s going on with Truist and Accenture? Truist decided to end the contracts early for 100+ contractors this week. Granted some of them were offshore/useless but there were quite a few in IT that were solid and were supposed to be extended for another year and then magically the powers that be decided otherwise. Not sure what to make of it but our team is not sized correctly and now we definitely won’t be able to keep up with the workload.


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| 40802 views | | 7 replies (last December 13) | Reply
Post ID: @OP+1kc816hc3

7 replies (most recent on top)

It has been a bloodbath on the DB2 DBA team. It's mindless.

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Post ID: @je+1kc816hc3

What happened here is that the Accenture contact was written in a way that reducing headcount over time was planned. The expectation was that “automation” would reduce the headcount need over time. Reality is that was a crock and never going to happen. Bottom line is they had to reduce the headcount anyway as that’s what was in the contract.

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Post ID: @hq+1kc816hc3

Approximately 420 request tickets generated in the last two weeks, for contingent workers and the related asset/laptop recovery process. I didn’t check every ticket but the ones I saw all had 12/19 as the termination date which makes sense since the last two weeks are mandatory unpaid / days off for contractors.

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Post ID: @gb+1kc816hc3

Don't know how many groups got told how much but there seems to be panic about offshore people being entitled to better pay and benefits based on how they're referred to.

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Post ID: @c3+1kc816hc3

IT….but I can’t get any more specific than that.

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Post ID: @bn+1kc816hc3

Not the same space but plenty of Protiviti contractors leaving too. Management is up to something here. Very strange with the ESPP not available first half the year too.

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Post ID: @a8+1kc816hc3

Without doxing yourself what group are you in?

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Post ID: @a3+1kc816hc3

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