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TruistLayoff

Truist bank cutting 253 jobs in eastern North Carolina

What happened

Truist Financial Corp. is laying off 253 workers in eastern North Carolina, with 97 job cuts in Greenville and 156 in Winterville, scheduled for July 2027 and February 2027 respectively.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Truist Financial Corp. is laying off 253 workers in eastern North Carolina as part of its move to sell off a $5.5 billion auto loan portfolio. The job cuts will impact 97 workers in Greenville and 156 workers in Winterville, according to layoff notices filed with the North Carolina Department of Commerce. The local layoffs are scheduled for February 2027 in Winterville and July 2027 in Greenville, according to the layoff notices. "As part of Truist's previously announced agreement to sell substantially all assets of Regional Acceptance Corporation (RAC), teammates at the RAC locations at 266 Beacon Drive in Winterville and 1424 E. Fire Tower Road in Greenville are affected," said Brian Davis, a spokesman for Charlotte-based Truist. "We're committed to supporting them through this transition, including consideration for other roles at Truist, severance benefits and job search assistance," Davis said. Truist announced Sept. 15 in its quarterly earnings report that it is selling off $5.5 billion in auto loans handled by RAC. "We are under contract to sell the $5.5 billion in near-prime auto loans and essentially exit that business entirely," said Truist CFO Mike Maguire during the bank's quarterly conference call on Sept. 15. The auto loan selloff is scheduled to close later this year, according to a Truist filing with the U.S. Securities & Exchange Commission. The bank has not...

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Extracted by Autobound

From the Signal API record
Event
Layoff

What this signalsCuts often push teams toward cost and efficiency tools.

Jobs cut
253
Location
North Carolina, United States

The full record

From the Signal API record

Numbers

Jobs cut (reported)
253
Headcount named
253

Extraction

Confidence
100%
Detected
Sep 18, 2026
signal_type
news
signal_subtype
decreases_headcount_by

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/a61d85bc-8ee1-42fc-ab14-05c1a1e763fe returns this record as JSON. POST /v1/companies/enrich returns every signal for truist.com.

{
  "signal_id": "a61d85bc-8ee1-42fc-ab14-05c1a1e763fe",
  "signal_type": "news",
  "signal_subtype": "decreases_headcount_by",
  "detected_at": "2026-09-18T18:34:00+00:00",
  "company": {
    "name": "Truist",
    "domain": "truist.com"
  },
  "data": {
    "url": "http://www.reflector.com/news/business/truist-bank-cutting-253-jobs-in-eastern-north-carolina/article_fce24332-bdba-4bd1-869f-bb106325ee92.html",
    "title": "Truist bank cutting 253 jobs in eastern North Carolina - reflector.com",
    "excerpt": "Truist Financial Corp. is laying off 253 workers in eastern North Carolina as part of its move to sell off a $5.5 billion auto loan portfolio. The job cuts will impact 97 workers in Greenville and 156 workers in Winterville, according to layoff notices filed with the North Carolina Department of Commerce. The local layoffs are scheduled for February 2027 in Winterville and July 2027 in Greenville, according to the layoff notices. “As part of Truist’s previously announced agreement to sell substantially all assets of Regional Acceptance Corporation (RAC), teammates at the RAC locations at 266 Beacon Drive in Winterville and 1424 E. Fire Tower Road in Greenville are affected,” said Brian Davis, a spokesman for Charlotte-based Truist. “We’re committed to supporting them through this transition, including consideration for other roles at Truist, severance benefits and job search assistance,” Davis said. Truist announced Sept. 15 in its quarterly earnings report that it is selling off $5.5 billion in auto loans handled by RAC. “We are under contract to sell the $5.5 billion in near-prime auto loans and essentially exit that business entirely,” said Truist CFO Mike Maguire during the bank’s quarterly conference call on Sept. 15. The auto loan selloff is scheduled to close later this year, according to a Truist filing with the U.S. Securities & Exchange Commission. The bank has not...",
    "summary": "Truist Financial Corp. is laying off 253 workers in eastern North Carolina, with 97 job cuts in Greenville and 156 in Winterville, scheduled for July 2027 and February 2027 respectively.",
    "location": "North Carolina, USA",
    "planning": true,
    "headcount": 253,
    "image_url": "https://bloximages.newyork1.vip.townnews.com/reflector.com/content/tncms/assets/v3/editorial/8/63/86381bba-b96e-470c-9e2d-33280af9c61d/6aad4fc26723a.image.jpg?crop=1763%2C926%2C0%2C124&resize=1200%2C630&order=crop%2Cresize",
    "confidence": 1,
    "published_at": "2026-09-18T18:34:00Z",
    "location_data": [
      {
        "state": "North Carolina",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "Truist Financial Corp. is laying off 253 workers in eastern North Carolina as part of its move to sell off a $5.5 billion auto loan portfolio."
  }
}

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