Thread regarding USAA layoffs

What Ethics complaints have y’all made?

This is part of mine, but I’ll post the full thing if people want—

During offboarding, I saw that my same role, with the same responsibilities, reposted but a level down.

At the same time, teammates who had long been performing portfolio work but under the title of “Program” were also let go. Those roles were reposted with only that title change. Which is strange because it finally matched the portfolio work they had been doing. While these were presented as restructured positions, the fact that they were reposted in nearly identical form, just under new titles or levels, raises questions about transparency, consistency, and intent. The work clearly still needed to be done, and has been labeled as “critical” in their notes for hiring, but I guess just not by the people who had been doing it. For those affected, the pattern is hard to overlook.

This isn’t isolated to our team. Across the company, teams who have helped USAA meet regulatory obligations or complete consent order work were let go shortly after those efforts concluded — even when their expertise could have continued to add long-term value. The very people who helped protect the organization’s integrity and bring it into compliance were released once the immediate pressure had passed. That doesn’t reflect a commitment to talent retention or ethical leadership — it sends a message that people are valued only when fines are accruing, and expendable once they aren’t.

Further underscoring this pattern, USAA also changed its severance policy — reducing it from one year to six months — immediately after the expiration in December. That timing is very difficult to ignore. It gives the impression that the company was willing to honor its commitments to employees only while obligated, and once that scrutiny lifted, cost-saving measures took priority over people. These decisions may serve short-term optics, but they chip away at long-term trust and loyalty.

After my role was eliminated, no one in my management chain followed up — no check-in, no thank you, no inquiry about transition support or continuity planning. Even more concerning, there were no questions about how the work would be handed off. That silence spoke volumes. It reinforced the growing perception that employees are not being thoughtfully transitioned — they are being quietly discarded. The absence of follow-up doesn’t reflect a culture of care or trust; it reflects disengagement and avoidance, and beg the question, “where the line is between business decisions and personal bias?”

This isn’t just one case. It’s a microcosm of what regulators and external reports have already pointed to: a pattern of misalignment between what USAA says and what it does (https://www.americanbanker.com/news/fundamental-breakdown-how-usaa-landed-in-regulators-hot-seat). I’m not sharing this to retaliate — I’m sharing it because I care. And because I believe culture only changes when someone finally stops nodding and starts listening.

This has become a military and corporate PR|HR performance. And we need to stop accepting that it’s okay. The corporate greed is ruining the reputation, culture and members.

by
| 1821 views | | 7 replies (last June 9, 2025) | Reply
Post ID: @OP+1jvv918xx

7 replies (most recent on top)

Also, HR is not on your side, if you make an Ethics complaint or complain to HR, they go behind the employee's back and let the person, who they are complaining about, know who is reporting them and what they are reporting and are even coaching the manager with what action to take to avoid any controversy and make the issue go away and make it seem as if they have resolved the issue. This person will soon be promoted to AVP in HR. You know who you are.

by
| | Reply
Post ID: @2xw+1jvv918xx

The most recent for me, that I have observed is that this one manager .has reached out to 2 specific employees and asked that they apply at a specific contracting agency and she would select them from the pool of contractors to do the same job that they were laid off from. I'm sure there are other managers who have done the same, but this one has some preferred treatment in ECIO and is somehow getting around the requirements that USAA has in place for the laid off workers, such as the cooling period of one year before you can return as a contractor. I could mention her name, but I won't. The rules don't apply to her as she is so far up someone's tail, they turn a blind eye.

by
| | Reply
Post ID: @2xv+1jvv918xx

What you are describing is sh---y, but does not meet the standard of being unethical. They can fire you for no reason and you can leave for no reason.

by
| | Reply
Post ID: @h1+1jvv918xx

@OP seems you’re getting quite a bit of validation of what you’re seeing.

I made an ethics complaint and per my colleagues advice, started looking for another job. Sure enough ethics HR has ZERO interest in doing any sort of digging, rather “found no ethics violations within the scope of their investigation.” It all worked out in the end, but ONLY because I was prepared. When the regulators came in, all my concerns came true. Unfortunately, the leadership that was involved and aware are still there while the worker bees that were following orders for laid off. I’m expecting big changes with the upcoming new leadership. Wayne left a legacy of toxicity to the core.

by
| | Reply
Post ID: @g2+1jvv918xx

That's been going on for the last 3 years or so. Only thing that made me leave and come back was a pay raise as the same role I left, when I came back, I got a staggering 40% raise.... for the reference, it was a senior role in bank that had me at 110~140k range, whereas upon return, it was 130~160k range for me.

took a year gap as the severance back then was 52-week pay in lump-sum.

by
| | Reply
Post ID: @cm+1jvv918xx

Sorry to hear about role elimination. Corporate leadership has strayed far from the values that once defined the company, favoring short-term financial gains over employee well-being and ethical responsibility. The Executive Management Group and C-suite seem more invested in protecting their own interests than in fostering a culture of trust and stability. The erosion of transparency and the disregard for long-term talent retention signal a fundamental breakdown in leadership. Instead of upholding the principles that built the organization, management has allowed corporate greed to take precedence, dismantling the integrity and loyalty that once set it apart

by
| | Reply
Post ID: @ca+1jvv918xx

Sad but true, once your position has been eliminated you are on your own. You are now the responsibility of the offboarding team. As for severance, that was to be expected. Once the consent order expired, the one-year severance went bye bye. Companies are not obligated to pay extensive severance packages through normal business practices, so the six months for bank is still generous. Some companies give a month max depending on the industry.

by
| | Reply
Post ID: @bj+1jvv918xx

Post a reply

: