Thread regarding U.S. Bank layoffs

Operations outsourced to Poland

Word on a whole department/team in operations being sent to Poland? Another thread mentioned about outsourcing and Poland. Word just was slipped about a whole operations team losing jobs being outsourced there and their last day is in November?

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| 3353 views | | 19 replies (last November 21) | Reply
Post ID: @OP+1tUGlgWq

19 replies (most recent on top)

@7bpb Yes and no. While you are correct about Elavon, all of Risk in the US is moving to Poland. Several small layoffs, strategically timed, are adding up fast.

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Post ID: @22a3+1tUGlgWq

Di-k Davis would be rolling over in his grave at the thought of customer service people from Poland dealing with American customers.

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Post ID: @bljv+1tUGlgWq

HP-41CV.

If Polish workers communicate better than Indians, I'm for it.

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Post ID: @8uyo+1tUGlgWq

US Bank Elavon always had an EU market and EU offices in Ireland, Poland, UK that are within the IT group and some been with the company over 30 years. This is not "outsourcing" like the consultants - many of you may not have realized these offices and these are 100% US Bank employees that exist in Europe.

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Post ID: @7bpb+1tUGlgWq

Everything in Operations. they will start slow, but will start picking up. Look at the number of openings on the career site in Poland you’ll get an idea where they are starting.

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Post ID: @5odd+1tUGlgWq

I use my HP 12C every day. Once you get used to the RPN (reverse polish notation) it's very intuitive.
I love my 12C.

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Post ID: @5kgy+1tUGlgWq

Who remembers having a HP-12c or 15c in college with reverse Polish Notation?

Well brush the dust off those calculators and get ready.

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Post ID: @5rba+1tUGlgWq

How about this . If a group or large portion is offshored to another country or area of the US, the ELT or any executive must move to that country or region in the US and have pay adjusted accordingly.

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Post ID: @2xkv+1tUGlgWq

How many people in CIS operations losing job?

They are having management train Poland? lol. Do these consultants clown know management doesn’t do any of day to day activities, therefore the training as you said will be a train wreck

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Post ID: @1aka+1tUGlgWq

Water cooler says CIS Operations and maybe another group, heard of some upper rank managers are going over to Poland to train new hires how to do the job they don't even know how to do. This should end well.

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Post ID: @1ilz+1tUGlgWq

So many assumptions but yet no one is answering the question!! What part of operations all of it or some?? We have had layoffs in operations last day is in September. So are there more coming? WHEN??

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Post ID: @1tsb+1tUGlgWq

Since I am of polish descent I approve of this.

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Post ID: @1hlb+1tUGlgWq

Two comments about nCino deleted...why?

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Post ID: @1ljp+1tUGlgWq

@mng Looks like you replied in the wrong thread - or maybe you're one of the new Polish hires, in which case - welcome to US Bank! You'll fit right in.

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Post ID: @1cht+1tUGlgWq

Correct. Prior to a couple years there was no correlation (at least at the AVP/VP levels) on the title and pay grade. It was an excellent way for the bank to pay less while st-----g the employee's ego. And it wasn't just U.S. Bank doing it. In fact Chase was known to have around 10K VPs.

But all that changed in the last couple years and now those titles can only be assigned towards a certain pay grade. They did try to reconcile those who were grandfathered so 99% of the titles are now in alignment with the pay grade (11,12 - Officer, 13-15 - AVP, 16,17 - VP etc.)

Funniest office title is that of SEVP in my opinion. Imagine how big of an egotist it must take to not be content with the title of Executive Vice President (less than 25 hold it in 75,000+ company) that they need to step it up to a SENIOR Executive Vice President. Ha! It gets meaningless after a point.

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Post ID: @mng+1tUGlgWq

There are THOUSANDS of people in operation and hundreds of operations departments. Which operation?

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Post ID: @khm+1tUGlgWq

nCino su-ks.

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Post ID: @ztc+1tUGlgWq

The end results of transitioning to nCino!
Maybe!

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Post ID: @row+1tUGlgWq

Operations is pretty big, do you happen to have insight on which part of operations would be outsourced?

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Post ID: @ywa+1tUGlgWq

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