Who is Truist and how can they have so many people that cutting them could save $300M?!?!?
Looks like some kind of banking Corp, making a strong statement to avoid looking like Silicon Valley bank and others that busted suddenly
It is a large bank (20 billion in revenue) with branches primarily located in Southern US states. It is the result of a merger between BB&T and SunTrust in 2019.
US C-level pay is a world of its own. I work at a $60bn market cap company in a high cost of living Western country, the CEO is on a base salary of $2m and $2.5m on target performance pay (obviously variable). My 12-person engineering team outearns the CEO.
In this LLM world how do we stay safe from redundancies