Who is starting this committee to turn in bad management to a website followed by large shareholders? Then the large shareholders can remove board and Billy Bob.
At what point is enough going to be enough
Since Kelly was fleeced in the merger Truist stock is down significantly, thousands of employees have been let go and a lot of top talent has bailed and taken clients with them, total assets has shrank, major revenue producing business has been sold... — read more
Truist - our purpose is LinkedIn circlej--k
Am I right or wrong
Conduct Committee
Who caught the email about the new “Conduct Committee” and encourage teammates to turn in purpose driven teammates?!
Average cost of EEOC lawsuits
Average cost of EEOC lawsuit is $75,000 plus amount the company pays to settle discrimination or retaliation claims (which on average is $40,000). One would think Truist management would be more diligent in preventing these types of federal lawsuits... — read more
Leadership change required
Beau to CEO! Let the best player play!! IYKYK
Data breach on the source
Where on the source can I find the update on the data breach?
Why is it hard to become an AVP at Truist?
Is it that there are more talented people? Or am I not good enough?
Lie detector test
Shareholders should require all the Truist clowns like Billy Bob, Beau-zo, and Krusty Cagle to take lie detector tests to retain their jobs. Question 1: Are you making decisions in your best interest or the firm? Question 2: Do you hate people?... — read more
Anyone still holding TFC stock?
I’ve read many opinions on this forum regarding the fate of Truist. Nearly all of them have displayed a lack of optimism. I too have ‘not so fuzzy feelings’ about the future. That being said, I stopped the employee purchase last year, but have kept... — read more
Salary structure
Can someone comment the current salary structure per job grade for Truist? I know it was available via the intranet. I left and am looking to come back, but wanna make sure the job I’m applying for is within what I’m asking for. Glassdoor and other... — read more
Summertime Layoffs
Has anyone heard/rumors of when the summertime layoffs will begin?
Back office slop
Does anyone else here find that pretty much ALL of back-office is an entire dumpster fire?? I can’t believe tfc doesn’t get into like serious lawsuits and stuff sometimes. From Credit/PM’s all the way down to back office IRM parter departments (like... — read more
If I caught a wish fish
I would ask for just one thing - to mute for eternity anyone using a corporate speak.
MORTGAGE
Is anyone else in this department miserable?
Wells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’
Make sure not do do this.
How on earth does David Weaver still have his job?
This guy has been at the head of Commercial Banking for a decade. The bank is on fire and he still has that damn surfboard in his video calls.
TAS decline continues under Harbrecht
Had high hopes we would see change but status quo around here. Inept leaders being able to continue to lead as people walk out the door to competitors every week. Promotion talk whirling around for people who are obviously over their skis as a way... — read more
Dan Stephenson
Dan, CIO, with West Point's might, Dreams of outsourcing, chasing light. "To follow the sun," his vision unfurls, For a fifth home, another yacht, his desires whirl. But on the golf course, with CEO Rogers, a muppet so merry, A stumble occurs, pants... — read more
If Truist told you to jump off a cliff would you?
Truist employees are basically lemmings that will do anything for money. Have some respect for yourself and find a job where you are valuable…I know you have it in you!
RTO NOT EQUAL
RTO NOT EQUAL. SOME REMOTE ON TEAM OTHERS ARE FORCED IN. MAKE ME UNDERSTAND HOW THIS IS FAIR!
David Jankowski has resigned, interim is John Giattino.
Seems like he was a Senior Group Technology Manager reporting directly to Dan Stephenson. Anyone know why he stepped down? Who is John Giattino? Anyone know if this is good news or bad news for Truist?
Open position - Software Engineer III - Deposits
I see an job that I may be interested in on LinkedIn. Does anybody know who the current manger is for Deposits? Software Engineer III - Deposits
Purpose, Passion, and Performance
Place is a cult. They’ll film a Netflix documentary about it someday. Ship is sinking while EL id--ts play word salad. You can’t wordsmith yourself into a profitable company. Every remaining line of business is cr-p. Get out…
Do consultancies actually reduce costs and improve efficiency/profits?
I am willing to bet they don’t.
Merger with US Ban
Executives from US Bank were in Charlotte yesterday and met with Bill, Mike M and the Board. There is a concerted effort to merge both banks. This is from a viable source. Truist as we know it won’t be around after first half 2025.
Bill Rodgers sounds like a muppet
I wish the literal muppets were running this bank instead.
What is CT&O?
I’m acronymed to death. What does CT&O mean please?
Rebadge as Accenture or lose severance?
Is it true that teammates are being told they have to rebadge as Accenture or be laid off and if they choose layoff they get no severance? If this is truly how Truist is operating then I’m disgusted and ashamed to be associated with such a place. — read more
Quietly Quitting
Comment if you are. Believe 50% or more teammates are actively disengaged.
CT&O Outsourcing
Any word yet on when Accenture takes over? I heard they were working with the monitoring group to figure out their jobs and that they were the first to get RIF'd and/or rebadged to Accenture. Anyone have updates?
Leadership underperformance
Truist has reduced 3,500 teammates or about 8% since last year. Expenses are still only flat for 2024. 72 additional branches have been shuttered on top of over 800+ since the merger. There is still no commitment to reduce or hold growth in expenses... — read more
Rogers at the Bernstein conference 5/30/24
Link below: what a bunch of word salad by BillyBob. Puposeful! https://seekingalpha.com/article/4696831-truist-financial-corporation-tfc-bernsteins-40th-annual-strategic-decisions-conference
ESPP refund to rebadged Accenture
I don't remember them informing us they would be refunding the ESPP money for the last 6 months rather than purchasing Truist stock at the employee discount rate with it. Instead, I have mine in my post tax column as a refund. So, they've taken out... — read more
accenture
New word is that Dan's plan involves firing a bunch more people and whoever is left will be forced to become accenture contractors losing all benefits. Can anyone else confirm this?
How long before Truist is bought by another company?
It feels like it's going down fast. A year? Two? You don't grow a business by getting rid of everyone and losing all of your top talent.
Is it worth trying to stay on for pension
Honestly looking for constructive feedback here — not just “it won’t exist!” comments etc. I’m in my early 30’s and about 3 years in at tfc. I don’t love my job but I’ve come to realize it’s decently cushy and I am fortunate to be one of the few... — read more
Pension
Does the pension increase with inflation?
Out of touch management
Exec Mgmt positions should have term limits…..