Thread regarding U.S. Bank layoffs

What will 2021 hold?

With the return to work now paused until after sometime in January, will they start looking in to see how many people actually need to come back? How many positions they actually need? And how much space US Bank occupies that will need to be reduced and result in major consolidation of business lines and branch locations.

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| 3631 views | | 6 replies (last October 3, 2020) | Reply
Post ID: @OP+16UnqeBN

6 replies (most recent on top)

All ready being looked at op. 2021 one will bring unemployment and severance packages.

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Post ID: @lxgn+16UnqeBN

Let’s be honest at least, there is a lot of real estate out there that doesn’t make much sense to keep if Retail hasn’t been productive with it.

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Post ID: @lhxm+16UnqeBN

No, I think they are all about satisfying shareholders. They don't care about the works as much as they professed. sorry to say but that is the reality

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Post ID: @khyj+16UnqeBN

I think they are waiting for Wells Fargo to do their layoffs so they can stay under the layoff radar

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Post ID: @6pyk+16UnqeBN

This look has already been done and there will be massive closures and layoffs coming within weeks. 400+ branches and up to 10,000 retail and wealth employees won’t see 2021.

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Post ID: @4bir+16UnqeBN

😳😳😳

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Post ID: @1qrj+16UnqeBN

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