Thread regarding Truist Bank layoffs

Coming from a bank where hBBT knowingly did businesses with operations and commerce tied to slavery. Sorry rednecks/BBT bankers LOL

Where did you think all the money the government is sending to Israel and Ukraine comes from?

F you and your non layoff related comment!

This thread must have struck a nerve. Myself, having been in the banking industry my entire career and working for Truist prior to merger and now 5 years post merger I can honestly understand how this happened under the SunTrust banner. Yes, there is a large disparity in the talent pool on the SunTrust side. Having sat in many post merger meetings and been flabbergasted by the lack of ability in the SunTrust people I’m not surprised by this settlement. On a scale of 10 for talent the ST people are about a solid 3-4 where the BBT people are about a 7-8. Unfortunately post merger all the BBT leadership bolted and the ST leaders took over. It’s been a down hill sprint since 2022. What a wreck.

This post is not layoff related. You are on the layoff.com.

Classic suntrust incompetence

Yes, because running trust accounts for a third party settlement mediator is the same thing as 6 people in a retail branch. Branch banking is the toughest job in the industry. Few breaks, an angry public, constantly changing procedures and tools, and of course low pay. Retail turnover in banking is historically over 50%, and perhaps higher at Truist. It’s unlikely that after all these years the same hSTI/BBT people are in any given branch in sufficient numbers “to tell”. The bank is poorly run and people are unhappy. No need to lump them in as “woefully ignorant” based solely on where they worked 6 years ago.

Truth is we married into a bad situation. Honestly the hSTI folks are woefully ignorant. You can tell when you walk into a branch which are hBBT and which are not. Evidently the hSTI folks never received training or were held accountable to standard banking practices. It sad, very sad.

What a sh-t company