Thread regarding U.S. Bank layoffs

Call today: You are no longer needed (Branch assistant managers, teller coordinators and full time tellers)

We were told to get on a mandatory conference call with our branch manager today.

The call was to inform us pretty much that our position was no longer needed now that the company is moving towards a new direction.

Branch assistant managers, teller coordinators and full time tellers are the positions that will be eliminated.

Although it seems like only certain branches within the district received the job layoff news today.

I've been with the company almost 18 years dedicated half of my life to this company and instead of delivering this heartbreaking news one on one, face to face- they delivered it in a group conference call.

This shows how much this company cares about their employees. T

hey say it's a business decision but what about our livelihood?

They laid off thousands of jobs just to post new ones and say you can apply within the company!

Really?

The only positions that may stick around for another year or so is the BM and the bankers.

But with digital loan app online these days, bankers position will be eliminated soon...

No position is safe just those that make the Six figure salaries sitting on the 9 floor with their Starbucks cup who never come face to face with a customer issue or transaction.

But for all those that received the devastating news today, take it as a blessing.

God's plan never disappoint.

For every one door that closes , another one will open with better opportunities.

All the best!

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| 2951 views | | 5 replies (last October 24, 2019) | Reply
Post ID: @OP+11ECow7T

5 replies (most recent on top)

All this company cares about at this point is a bottom-line clearly dot-dot-dot with a record 1.9 billion dollar earning last quarter all the new CEO cares about is the bottom line in his pocket he's worth 64 million dollars while our old CEO Richard Davis is only worth a little over 2 million and is now serving as the CEO of Make-A-Wish foundation... This never would have happened under Richard Davis leadership... This company was known for how much it is valued it's people in 2008 when the financial crisis hit and all the banks in the United States were laying off people u.s. bank did not lay anybody off it decided as a company it would rather take a pay cut for everybody and keep all the jobs than to lay people off... That was under Richard Davis but the new CEO Andy Cecere clearly only cares about his pocket and the pockets of the shareholders

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Post ID: @2nwf+11ECow7T

Which market region did this happen in?

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Post ID: @2syt+11ECow7T

A prerecorded call not even a person talking and no time for question and answers. Best wishes to all of us who were eliminated. When one door closes another opens!

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Post ID: @1kyn+11ECow7T

The call was so cold too. Just your position has been eliminated and this concludes the call...awful

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Post ID: @krx+11ECow7T

Banks are ruthless but but pay little in return to customers

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Post ID: @rom+11ECow7T

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