HomeMarket NewsTruist Financial to embark on 'sizable' job cuts to lower expenses

Truist Financial to embark on 'sizable' job cuts to lower expenses

Actionable Trade Ideas

always free

Truist Bank, prominent sign, and building, Lexington, NC

J. Michael Jones/iStock Editorial through Getty Photographs

As a part of its efforts to decrease bills by $750M within the coming months, Truist Monetary (NYSE:TFC) stated it can make β€œsizable reductions” in its workforce, based on an SEC submitting issued on Monday.

For 2024, the funding financial institution is focusing on

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.