Topics regarding layoffs at Truist Bank

Topics regarding layoffs at Truist Bank

Sr. Risk Manager salary?

displaced by Wells Fargo a few months ago, in severance period, applied for a sr. Manager role at Truist and they want to interview me. I’ve heard Truist su-ks, but Wells has to be worse. Anyone know what the salary range is for this role, or... — read more 

Earnings beat

Huge loss coming post was a bit ago Now earnings out with a beat Makes you wonder the veracity of many posts started be some How big are the layoffs coming

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| 56080 views | | 10 replies (last April 22, 2025)
Post ID: @OP+1js1kjx01

Minor reorgs subtly slipped in

In case you missed it, there were a few reorg announcements recently. You can find them in the Briefing Room on The Source. If you no longer work here, there isn’t anything exciting to share.

Leaving Truist

Why did you leave Truist? What was the final straw for you?

Expense Rationalization Initiative

EL rolling out “expense rationalization initiative”. Will be communicated to managers soon. Terrible news for teammates as means mass layoffs to cut costs. Bill and team are shifting strategy to focus on “keep the lights on” and retaining... — read more 

Contingent Workers to be cut

Just found out from a credible source in HR that contingent workers to be cut soon. Truist will no longer employ CWs on H1-B visas. CWs who are eligible to be employed in US to be cut as well. Part of EL cost rationalization effort that Bill will... — read more 

Who has made money on this merger?

Shareholders…heck no-big loss. Bill Rogers-Millions Kelly King-Millions Bo C-m-Millions Donta-Millions Should be illegal for executive to make millions on the shareholders dime. If you see one of these execs, kick them in the ba--s if they have any... — read more 

Huge losses coming

Instead of laying off 50 100k employees, why not fire Donta? Then you would have more business and no change of anyone that works hard? Seems like an easy situation.

Layoff notices

I work in HR. I feel compelled to let teammates know layoffs are starting over the next few weeks. Very sorry. Be on lookout for one of meeting with your manager. HR teammate will join the call. So sorry 😞

Liberation Day for Truist

Liberation Day is here! How are you celebrating? Loving the circus 🤡. We are all going to lose our jobs at Truist.

Mass Layoffs

High level executive here. Truist is not doing well financially. Tariff situation exacerbating the situation. Unfortunately mass layoffs - 25% of employees - will be laid off this quarter.

TAS revolving door

How long are people staying on your audit teams? People are not even staying a year. Others are leaving at the year. The turnover is more than I have seen in audit and yet audit management is always flaunting look at all the people we hired. Try... — read more 

India

Question. The company knows it’s morale su-ks. Why do leaders keep bragging about moving jobs to India? They keep reiterating how excited and great their trips there are and show us pictures. I vomit in my mouth every time it happens. I have 3... — read more 

Truist su-ks

The relationship banker role is overwhelming. Working with incompetent teammates and the micromanaging is starting to truly irritate me. I have proven my work through my numbers and my teamwork over the 5 years I’ve been with Truist. Applied for a... — read more 

Year End Review

Did anyone else get completely sc--wed over on their year end review? I'm hearing stories of people who were told that their manager gave them a good review and then the new CTO, having been here for a month, went in and lowered the rating and... — read more 

Leaving at Lunch to Work from Home

Does anyone else’s office have people badge in the building in the morning to say that they have come in to the office only to leave at lunch and finish that day at home? This is happening in all three of the Wilson, NC offices. In this a normal... — read more 

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| 88140 views | | 20 replies (last March 31, 2025)
Post ID: @OP+1jq6zsdc4

Truist leadership

Does anybody else feel like Truist leadership is intentionally leaving us in the dark about what's going on? Like the goal is to create a more stressful environment.

Is Truist still using the mainframe and COBOL?

I keep seein stories about how the IRS is 30 years behind on technology, still using the mainframe, and COBOL/Assembler languages. I also saw an interview where the speaker said all banks have already moved away from these legacy systems. I don't... — read more 

Why go to college?

‘As a white male it makes no sense to invest in school other than a trade.’ I think this ideology will change. The push to a business degree was it allowed for multiple trades. As the workforce needs ppl a business degree will become important once... — read more 

Bonus

Anyone leave post bonus?

Great company to invest in?

For a stock price that is now the same as it was 20 years ago. Dividends that are approaching 6%. (assuming they are not cut) How do the employees feel about it? (Reading comments here) How do clients feel about 800 numbers? (Reading comments... — read more 

Great Recession 2.0 - Here We Come!

We should all be worried about layoffs and the economy. Experts are predicting a second Great Recession that could be worse than 2008. Banks like Truist will be hit hard. Scary times!

Conduent

After severing the contract with Conduent costing them millions, Truist is now crawling back again as some departments aren't doing so hot with Accenture and Infosys. Third time's a charm?

Props to Truist

never thought I'd say this, but props to management for making things miserable. If it wasn’t for that mess, I'd still be stuck, not even thinking about leaving... but wow, it got bad and I had to do something. Now I'm heading somewhere that... — read more 

Mass layoffs

HR employee here. Leadership is mentioning mass companywide layoffs by summer. Q1 is shaping up to be terrible in terms of financials and stock price performance.

Throttling all non-Truist web pages

It looks like they have started throttling all non-Truist web pages. I guess they assume that people don't need additional information from the internet to do their jobs at times. What a load of fools.

TAS Townhall

I hope to walk away with something from these town halls but all I get is a headache. The amount of BS in an hour and a half is unreal. How about we spend time on doing audits instead of listening to empty gestures. You lied and misled people to get... — read more 

Truist Layoffs from Tariffs

Be prepared for layoffs from Trump’s tariffs. Will hit regional banks like Truist hard and will tank the stock price. Years of economic pain and higher inflation are forthcoming.

AI has us pegged

$10/mo SaaS better than all the consultants Q: “Can you tell me at a macro level in bullet points no longer than 10 words what is wrong with Truist?” A: “Here's a high-level view of issues with Truist: • Difficult post-merger integration of BB&T... — read more 

Skills assessment

About 400+ email that employees have to rate themselves and then manager has opportunity to “update” the ratings…sounds like a precursor to layoffs…thoughts?

Total Reward Statement lies lies lies

This total rewards statement is a lie. Truist did not pay out more for medical insurance than the COBRA rate for my health insurance. Stop lying!!!

Management

Does anyone think there is bully culture at Truist? All the managers “strategically put in place” by their bosses during merger because of relationships and not so much for outstanding contributions. Now these so called managers think they are so... — read more 

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