Thread regarding U.S. Bank layoffs

@11b yes, there are better paying jobs out there, but there are hundreds of applicants. I have submitted over 60 applications and have had 2 call backs, it’s not as easy as one may think. On top of that, being out of work for 4-6 months could truly hurt a lot of families.

@rz It’s not that bad. It takes in average 4-6 months to find a job but I know a group of people who found better jobs in this time frame this year with a minimum 20-30% raise. It’s not as bad as you think it is.

@rs yeah but the hard part is, the job market is super tough.

I enjoy my position, I prefer to not get laid off right now, even at my same pay.

I would face a daily 2.5 - 3 hour round trip commute in heavy traffic if forced to RTO. I will take the layoff. I can't do an extra 9 hours a week just commuting with no pay. Besides, the bank has halted merit increases, no longer allows advancement for remote workers, and doesn't pay for performance. I think a good portion of employees will take the layoff.

@a2 60 miles

@e1 if they let people know what the plan is before the plan happens it gives them a chance to go to the media prior to signing the NDA that comes with severance.

They're not going to give anyone a chance to do this because our stock is already suffering..

This company is performing like a slow moving horror movie - will they have layoffs or won't they? Will they enforce more RTO or won't they? Are remote workers on the chopping block or aren't they? At this point I wish they would just say what the plan is, no matter how bad or ugly it is. Enough with the suspense and constant stress! My job is not my life, it's just where I go to earn money. F the old mindset of pride in my work. I used to have it...not any more. Not after I've seen so many really talented people be laid off like they were worthless. Since this is where we are now, there are better places to work than this fresh he!! If that wonderful layoff day comes for me, I'll take the severance, keep in touch with the friends I've made and not look back.

@a2 I couldn't make the town hall. Was this new distance requirement announced during it?

@am Gunjan said it during the Townhall

@b8 what is it with you fu--ing id--ts acting like we didn't have a SIGNIFICANT remote workforce prior to COVID?

You're also acting like these jobs are going to hubs. They're not. They're going to fu--ing INDIA. I'd rather work with a remote employee in the US over someone in India were we get two hours of overlap and there has to be this entire orchestrated process to make sure their work doesn't fall on the floor for days at a time.

We diversified our footprint over a decade ago because hiring within our physical locations wasn't getting us good candidates. They opened roles up to remote and that all changed.

The world changed. Stop trying to change it back.

You are crazy it's totally comparable

@a6 COVID was 6 years ago now, the world changed during that period and not even close to a comparable time as now. Bad take with zero support or facts. The writing has been on the wall for a long time now - if people just listen

@a2 where are you actually hearing that?

I'm sure the SVPs and up will be just fine in their cozy remote roles.

Not that it matters but it is a pretty d-mb thing to say that "we have too many remote employees to support our business" when during Covid everything was supported just fine.

It just highlights that our leadership is mediocre at best if they are unable to present it without sounding d-mb.

and the other big idea...Jessica Alba?..lol..ok...good grief..

@a2 where is this info from?

@a2 where are you hearing this? I'm remote so if this is true....

Radius increase to 40 miles. Outside radius to be considered for termination. January changes with March departure.

Yes. Come on, let’s just rip the bandaid off. I’m tired of being worried that I’m on the hook while trying to maintain my composure and continue to try to make myself irreplaceable