Is this rumor true
35 replies (most recent on top)
@10d isn’t it commute costs and an apartment or house in MN?
@qs Yeah and like GK living in Pittsburgh when she's CEO of a company based in Minneapolis. Do we get reimbursed for our commute costs and housing if we live too far from a hub? Nope. So why does she? Interesting how these rules DON'T APPLY to certain people. Absolutely horrible leadership. What happened to leading by example? GK is a disgrace.
Meanwhile on Linked in, of the top 6 job matches in my area: 3 are remote, 2 are hybrid, and only 1 is full in-office. From that list 3 are in Banking/Financial Services. Not everyone is following what the big 4 banks are doing or following the lame McKenzie playbook. I don't plan to give more than 1 week notice when I quit. Possibly only 1 day.
At least in Digital Platforms I haven’t heard of any such layoffs targeting remote employees. As Ankit mentioned in his Townhall, layoffs are going to be “surgical” in nature, indicating it isn’t going to be mass, however there are going to be some, probably to avoid WARN and attention from current administration, while hiring in India ramps up heavily.
@qr Like the manager assigned to a Mpls hub but works from home in FL? I'm curious too. Didn't they prohibit people living in WI from doing that not too long ago? Hypocrites.
@q7 How about the corporate compliance hub employees who have chosen not to comply with RTO, have they terminated anyone for that yet?
@q7 When was the layoff date for CC, and did they actually follow through on severing remote employees who didn't relocate to a hub office location?
@jd this already happened in Corporate Compliance.
@jk same. I tell everyone not to bank here and to go to a local credit union instead.
@k0 yup, and I bet your pay grade changed too didn’t it? There are remote only positions posted on the career hub for grades higher than c.
Last Dec, they changed all remote geography pay scale to level c. Now almost a year later they are hiring for higher remote grades.
Makes me sick to think that we are all just a number and a pawn to her game.
@k0 Don’t be naive. Wells closed a building in CA and put those employees as remote. They were all laid off a year later.
@k0 Gunjan doesn’t want anyone to remain remote and yes it is true. Gunjans directs are rolling this out. Enjoy being remote while you still have it. This management is a joke.
Not true. My whole team was changed to remote when our bldg closed a couple months ago. Lots of staff here in CA have recently been changed to remote workers.
50 miles
@jk they are literally trying to sell to employees right now.. fat chance.
@jk I tell everyone not to bank here. Had a dinner with a fairly large businesses owner a few weeks ago and ensured they don't do any business with USB. One business owner will tell me. I will get my pound of flesh from this pathetic corporation
@je She forgot some of us are or were customers and we know people. I’ve been telling everyone I know not to bank here.
@OP yes it's true remote workers are being laid off and less they start going to a hub. All employees will be required to work the minimum 3 days a week per company policy or be laid off. US Bank is not only stopping at remote workers but they are making it extremely difficult to be reapproved for accommodations as well. Are CEOs mission is to have all employees in the office no remote work at all. Because of AI and cutting corners on processes our CEO plans to decrease employees by 50%. But yet the customer supposed to come first hahaha.
@hk That's a real project?
@aw there is a project to talk to remote employees and let them know they need to work out of a hub or if there is no hub or client center near them they will lose their job. Thats what I’m sharing.
@cq It's a slow trickle layoff regime, at least in my area. Our L4 has been tasked with identifying conversion prospects overseas and we're laying off FTEs slowly to migrate those jobs offshore. My suspicion (haven't been told by my management) is that only top performers and those with the potential to be will be left in a couple of years and everything else will be in Hyderabad. I do not know how they expect work to get done because our on shore teams of 8-14 FTEs per manager are overworked now and I didn't see any justification for cutting productive colleagues that we lost over the past four years.
@ag work from home and remote work existed before COVID you knob. There were people hired into a remote position before COVID that got forced back into the office. I WAS HIRED INTO A REMOTE ROLE NOT A HYBRID ONE.
For a company that pushes adaptability to change, you people seem to be totally opposed to embracing that change. The world changed. How we work changed. Why are you so bent on reverting back to how it was?
Not the OP but I came to this site to ask the same question. I know they said no mass remote layoffs but I’m curious if they will still continue to target remote employees first in expense reduction and role/org changes? Does anyone know if remote employees top the list for layoffs?
Any winning is going to happen in spite of my best efforts, not because of them. This is an oppositional relationship, don't you know?
You are right. Let's roll everything back to 1926. I mean every aspect of society, permanently frozen to 100 years ago.
As soon as you've finished that, we can talk RTO, bootlicker.
@ag These aren't the 1950's anymore. Technology now exists to make WFH more productive than the office. Why are employees being forced to spend all this money and travel time to work in the office where they spend hours on Team meetings? Make it make sense?
@at what can you share?
@aq know what? It’s not a rumor it’s a fact.
@aj Didn't accept what they are doing. Maybe you did but they pulled the carpet from under us and changed the script. No one signed on to this.
Anyone know?
@ag sure
@OP I’m becoming a whistleblower. Let’s go!!!!
@a1 Drive? Parking at city hubs is minimum $55+ a day and traffic is horrendous. That’s a huge pay cut 3+ times a week. They are forcing us to do the unimaginable. Taking public transport will take an hour and a half each day, bus, train and then walk and dangerous on top of that. I’m not getting jumped cause Gunjan said so. I wish her the absolute worst.
What’s unfair is these hub locations are in the large cities only. Not convenient for everyone.
@OP if there not willing to drive to nearest hub or call center, yes. Some divisions leaning in harder than others