Thread regarding Truist Bank layoffs

What is CT&O?

I’m acronymed to death. What does CT&O mean please?

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| 14681 views | | 8 replies (last June 7, 2024) | Reply
Post ID: @OP+1sT6tdtE

8 replies (most recent on top)

@hme+1sT6tdtE those offshore people may get paid less but they do exactly the same amount(sometimes nothing) or sometimes more work than FTEs. Too much FTE fat in lot of teams, they feel untouchable just because they are FTE. If you are any bit honest you might agree with me partially at least.

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Post ID: @1xaa+1sT6tdtE

C = Crisis
T = Together
O = Opportunity

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Post ID: @fvc+1sT6tdtE

"We’ll see how bad this when we have a significant outage and what the business impact to the bank will be."

So, any minute now!

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Post ID: @pxb+1sT6tdtE

CT&O is more than just the folks that fix the cr-p when it breaks. They engineer, deploy and support all the underlying infrastructure that runs production applications in the datacenter. A portion of CT&O is being outsourced to Accenture. The expectation is that it’ll be mostly operational roles. This is kind of scary though that we’re going to layoff hundreds of FTEs with institutional knowledge of the infrastructure add expect a bunch of cheap offshore resources to run the show. We’ll see how bad this when we have a significant outage and what the business impact to the bank will be.

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Post ID: @gcj+1sT6tdtE

Basically the people that fix the cr-p when it breaks. In a few weeks, it seems like most of those jobs are going to be sent overseas to people who get paid less but get paid exactly the price they have for their knowledge. Good luck everyone.

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Post ID: @hme+1sT6tdtE

Thank you.

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Post ID: @aew+1sT6tdtE

To add, these are the folks that install and maintain infrastructure components. Non-developer roles.

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Post ID: @iax+1sT6tdtE

Core Technology and Operations. A part of Enterprise Technology (ET).

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Post ID: @vmf+1sT6tdtE

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