Thread regarding U.S. Bank layoffs

Please share facts about possible cuts

My wife was laid off three months ago after seven years at her job, and we have three kids to support. If this place cuts me too, my family will be in a very difficult position, so I'd appreciate reliable information rather than rumors.


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| 166 views | | 15 replies (last 15 days ago) | Reply
Post ID: @OP+1m5mwqpmx

15 replies (most recent on top)

@bq No need for marketing they don’t even have a Sales phone line to sign new clients up for services. The Bank leaders have ruined Elavon. They market Elavon POS like it is gold. Everyone that uses it calls it exactly what it is POS piece of sh-t. Talech was trash before they bought it and it still is. They have little options for actual equipment . And every time you turn around they are hiking the fees to increase revenue which then makes clients shop around and leave. The incompetence is astounding.

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Post ID: @116+1m5mwqpmx

@gc but somehow relocating entire teams to India is fine.

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Post ID: @kj+1m5mwqpmx

If the bank needs to consolidate teams within their main hubs. Having one or two employees in a different state really doesn’t work at all.

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Post ID: @gc+1m5mwqpmx

Bankruptcy, litigation and debt sales for sure.

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Post ID: @fz+1m5mwqpmx

@es the immigrant managers are less of a problem than the company that's actively sending all of our jobs to India. Like yes it's a problem, but the larger problem is farming out cheap (and frankly sh---y work quality) to India.

India played the long game. Now we're all going to lose our jobs to GCCs

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Post ID: @et+1m5mwqpmx

@ca The immigrant sympathizers are unreal with their sui-idal empathy/sympathy.

They will literally get laid off by an immigrant manager and then call you out as a racist for pointing out the obvious.

You can't make this sh-t up. These people care about immigrants more than their own countrymen.

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Post ID: @es+1m5mwqpmx

@bz I'm watching a lot of levels of leadership get slowly replaced with indians. It's very real.

I've also seen how those managers favor Indian employees. I watch it happen all day every damn day. It's not misinformation. It's reality.

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Post ID: @ca+1m5mwqpmx

@bd BS! Don't spread hate and target one community. It is dangerous. Plain and simple.

It's not as if zero non-Indians have been hired this year at the bank.

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Post ID: @bz+1m5mwqpmx

@am That's not a great sign for Elavon when the department responsible for Elavon branding is being laid off. I'm so sorry for everyone impacted by the layoff.

This once reliable company has become a s*$tshow. It's almost like the leaders are removing essential teams and weakening the whole organization. This leaves the company in a very vulnerable position.

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Post ID: @bq+1m5mwqpmx

@a6 That is all simplified to 1 strike and you're out.

"You are non-Indian"
YOU'RE OUT

@OP If I were you, I would move with the assumption that if you are in the domestic US in a back-office role not facing customers, there's a good chance you will eventually get laid off. Keep your resume up to date and put out feelers in your network and start stockpiling cash for a rainy day fund.

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Post ID: @bd+1m5mwqpmx

Layoffs within Elavon marketing today

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Post ID: @am+1m5mwqpmx

Strike 1: not in the designated hub and over 60% in office
Strike 2: above midpoint
Strike 3: didn't brown nose your L3/L4
YOU'RE OUT

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Post ID: @a6+1m5mwqpmx

If you are in WCIB Operations, I would strongly suggest looking for a new job or if you are retiring, wait out for servance.

They have already announced jobs going to USBank India, question is when, and I believe soon to make quarterly reports look good and MC can get fat bonus for cutting expenses, I.e., offshoring our job to new created USBank India where most WCIB operations will be

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Post ID: @a5+1m5mwqpmx

I get that rumors can be frustrating, but would you rather have nothing at all? This site exists so people can feel safe to post non-official information, which by definition can be unreliable.

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Post ID: @a4+1m5mwqpmx

It really depends on the department. Be especially weary if you're in a group that's hiring heavily in GCC, like analytics, mortgage, and operations

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Post ID: @a3+1m5mwqpmx

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