Thread regarding U.S. Bank layoffs

Layoffs happening early January 2020 with a big boom

Not even the President of Retail Payments was safe this round.

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| 2961 views | | 5 replies (last February 23, 2020) | Reply
Post ID: @OP+133C0ME8

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At what point will the second line get hit? It feels like the Business Lines (where revenue is generated) keeps getting the beating. When do the 2nd line oversight groups lose people?

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Post ID: @Boya+133C0ME8

Has anyone else heard anything? Many ongoing changes and I heard more layoffs coming in the next few months just not sure exactly where since people are afraid to talk details.

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Post ID: @dnjd+133C0ME8

Hello. What department are you in?

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Post ID: @5sxx+133C0ME8

How many people were notified on Friday that they were losing their jobs in your location? What type of jobs?

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Post ID: @3pav+133C0ME8

The bank lost a lot of revenue due to the interest rates too. So not surprising. We just got our notices on Friday and we are done by end March. The Fargo call center will be hit next I bet as Kansas is cutting too.

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Post ID: @2fsr+133C0ME8

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