The bank’s leadership decided to eliminate the team of DEI segment leads and will replace them with 3 “consultants”.
The bank threw money and resources at DEI while it was cool but caved in and chose money over “the right thing to do”.
Yup, it’s a business that needs to make money and it was only a matter of time before this happened.
Back to business as they say.
Sad day on Friday when all DEI segment leaders under Greg C and Lenny left the company (laid off). Let’s see what happens next with DEI or what the new team will look like.
Starting from the caveman day both genders and all races have had an equal opportunity to succeed, how well they used that opportunity is apparent today.
DEI and the Rainbow recognition were just bandaids that provided a (false) narrative that US Bank values its staff, they "put us first". I must have overlooked what the US part meant in that feable slogan. The complany has severly downgraded it's milestone anniversary recognition to where it is an embarrassment. A 2" x 2" stock card with a magnetic lapel pin. The so called hub conversions are disasters, money has been pulled from this project, too. Misleading information, no organization, multiple failure points, it's horrible. Looking forward to benefits enrollment - you know the employee costs will skyrocket for 2025. Perhaps, with this onsite opportunity to "collaborate", the focus will be placed securing new jobs.
How many people who complain about DEI have actually been in any of the BRGs for any meaningful amount of time? I'll admit, I'm casual attendence, so the politics and infighting probably go over my head, but that's unique to these groups how? Things get pretty toxic just racing remote control cars as a hobby. DEI has been a good opportunity to meet people I otherwise don't interact with and share hobbies outside of work. You don't need it to exist to do that but you also don't need to target it specifically as something that can't possibly exist in a workplace.
This is the one bright spot at this bank. DEI is deeply toxic and the opposite of putting people first and doing the right thing. U.S. Bank should stand up for liberal egalitarianism, not an American form of Maoism, which is exactly what DEI is.
Highly recommend anyone interested in educating themselves on the underlying philosophy and toxic ethics behind DEI to check out Jame Lindsay's website New Discourses:
https://newdiscourses.com/
Some said woke agendas and I laugh! I’m a black man who works at USB; I have 3 master degrees, won legends of possible and still report to someone with no degree and less experience than me. I’m the lowest paid (because my peers tell me their salaries). DEI is about waking people up because people like me are not treated fairly and the best are never hired. Golf buddies and friends are hired so stop your rubbish!
I wrote many papers for my masters and DEI never helped people of color so it’s fine if you take it away. DEI helped Caucasian women and I mean this with love and not hate, but simply sharing facts. Stop your “woke” comments and if you want to hire the best, remove names, race, and gender from all applications but you won’t, how else will you know when your friend Tommy or Rapesh applies. lol
If someone is complaining about DEI bet money on their race and background ;)
Why are we not holding executive leadership responsible for these wild swings in strategy that impact people? How many times will they restructure organizations as a solution to bad execution? They probably have no plan for the 3 consultants. It’s probably more about there being 3 people they want to save. And they’ll give them no clarity on expectations, insufficient resources, and we’ll be here in a year talking about 3 more jobs eliminated.
Well good because the woke agendas are done as we shift into 2025/2026. We need to hire people based on qualifications and not their pronouns or the color of their skin. That was not normal.
If DEI is dead, they still have their love of ageism to fall back on.
TBH, the "3 consultants" sounds like a worse scenario than the in-house team.
Still doesn’t mean there weren’t too many people to do the job. All areas had layoffs. Why should DEI be different?
@1tgj+1tHTx8Ks nobody should be hiring or firing anyone based on their skin color and that's what DEI mandates
Typical career/lifelong victim response. Everyone out to get you. Funny how you assume that people who are against DEI must be white too.
Both risk and DEI were way too too heavy. I don’t want anyone to lose their job but this was the right move financially.
To the OP is it really the right thing to do? Companies should always be doing what is financially responsible. I just think that most of what you see is just virtual signaling and behind the scenes nothing is happening.
Keep in mind DEI is just cover for companies who are doing shi**y things but can use DEI as a way of saying "look at how we care about x group". It distracts you from the terrible things companies do on a daily basis.
As far as Boeing look into what the real issue is and that is they cut costs by sacrificing safety to pump up stock. They then hide behind DEI as cover for the absolute horrible things they do. DEI didn't ki-l all those people on the plane crashes they had recently. It was Boeing being run by psychos who were more interested in cutting costs.
Good example for U.S. Bank would be when the bank opened a "g-y friendly" bank branch. What does that really amount to...nothing....just because you put rainbow flags up at the bank location doesn't mean that equates to any real difference to people of that community. Same rates, fees, etc as any other branch...so what is the point other than the company pretending to care about x group.
Don't let all this DEI nonsense distract you. You need to be asking yourself what are they up to behind the scenes when they keep throwing this stuff in your face.
Everyone is equally bias, just in different ways.
Gotta love these coward racist s-xists in here. Some of you have NO IDEA what DEI does and what it does NOT do. Not a clue. Blaming women and minorities for any downfall and Boeing. What trash. DEI and the laws exist BECUASE of people like you. I hope you are not in a position of deciding who gets hired because your bias would show.
All DEI will turn into ESG and we’ll be back to pre-2020
Nice people but under AC and GC they were focused on optics rather than impact.
DEI= negative ROI
will there still be spreadsheets tracking race, gender, and orientation?
if so, DEI hasn't gone anywhere.
DEI destroys everything it touches, just check out what it’s done to Boeing. Some are starting to think the only thing that “MAX” stands for in the 737-MAX name is maximum casualties. That’s what we’ve seen because of their constant diversity quotas, cutting corners on quality engineering, and being cheap. Total joke of a company now, and they also go after whistleblowers who call it out.
This bank has gone extremely downhill in recent years, most people on this forum would attest to that. DEI and also the rainbow crowd have a lot to do with that. Wish we could get back to the days when things were ran by professionals who put smart management, employee incentive, and high morale ahead of garbage politics, greed, and pathetic corporate pandering. No wonder this bank is so afraid to expand into Florida, where this kind of sh-t doesn’t fly.
Is Greg out or he gets to stay?
Microsoft did the same