The speculation thread.
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Brace & Good luck for today & tomorrow...
I heard Juan delayed notification date on purpose so our last day will be Christmas week.
Coming soon... Next week...
Tech tick Tech.
There will be layoffs last week of October but wont be as bad as the ones in the past.
There is nothing special about October.
The tickle of layoffs will continue. Aome here, some there. It's the new normal. In almost every company. Stop thinking of it as one-off layoffs, or something specific to USAA, and start thinking of it as regular churn in most big companies, and adjust your career plan accordingly. It's going to be like this until the next big economic upswing that's actually big enough to overwhelm the perpetual 1-3% annual cuts due to "increased efficiencies".
@zg facts!
More like “black” October, because like last year, USAA will be laying off employees right as we enter the holiday season. The cuts for Q4 were finalized during Q2, and right now talks are already underway on layoffs to start 2027.
Make sure your resume is updated and sent to your personal email, along with any certifications and accomplishments you earned, because once they notify you that your role was eliminated, you lose all access within a few hours.
And no, the bank is NOT back, no matter how much Mike Moran and his cohorts try to spin it, we’re still in white hot water with the OCC and that’s not changing in the next 12 months.
What is farshore
There will be 1 more round of layoffs for 2026, expect it around the last week of October, it won’t be as big as the January cuts (that was a blood bath), word is somewhere around 2-2.5% cut to get close to the 10% needed for the year. Majority of the impacted will be bank employees in non member contact roles. If you’ve been hearing your leaders talk about “the ways of working” and “getting more efficient and leaner,” then expect the cuts in those areas.
Waiting on bank cuts. Aml and fraud, you are on deck…
No cutts, bank is back!
@OP Offshore/FarShore/NearShore - Outsourcing Green. FTE - Red. ??