Thread regarding U.S. Bank layoffs

After shutting down 2 of our processing centers and rerouting workflow from the west coast back to Minnesota in November, Home Mortgage Closing in the west has lost 2/3 of their overall volume. Leadership leaving annual reviews to the last possible day with no raises, and no comments even filled out in the review portal from management. After losing 3 closing team leads and closers leaving on their own terms we’ve lost over half our team in the last 4 months including some of the highest paid people. Yet all raises denied and management that hardly shows up to work. This morning 3 more processing supervisors were let go leaving only the upper management left. I will not be finishing out 2019, whether that’s on US Bank’s terms or my own is yet to be seen. CEO makes roughly 16 million, reports record Q4 earnings, gets an enormous tax cut from the White House, yet instructs management to deny wage increases for workers, lays off close to 1500 and trying to automate as much of the rest as possible. This place is a joke