Topics regarding layoffs at U.S. Bank

Topics regarding layoffs at U.S. Bank

Get out if you can

Management here seems more focused on the numbers than its employees. If you're looking for a place that values its people, there are definitely better options. The company culture feels like it's all about a small, exclusive group running the show... — read more 

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| 1581 views | | 3 replies (last December 9, 2024)
Post ID: @OP+1vRI3VbL

RTO and reviews…

If you didn’t go back in the office 50% of the time - you will automatically be labeled as “needs improvement”….which most likely means no bonus or minimal raise.

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| 6080 views | | 48 replies (last December 20, 2024)
Post ID: @OP+1vQxUNWy

No Layoffs for December?

I have not seen anything on here but that’s not saying it didn’t or won’t happen. Someone mentioned that next year they will focus on firing instead of laying off next year. I can see that. Just seeing if anyone heard anything about this month. — read more 

Remote/Hybrid

Does changing roles change your designation? Example- if you are remote in a position and take another that is hybrid but live out of the mile radius.

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| 970 views | | 3 replies (last December 6, 2024)
Post ID: @OP+1vPxdRKA

Changing benefits

So first the remove the 401k match if you aren’t working the last day of the year and now they remove payment for unused vacation! But the caveat on both is if you are over 55 and 10 years service. Yet another reason for management to cut seasoned... — read more 

Scrum Masters/Agilists

What do these people do? We are paying former teachers, former cheerleaders and former stay at home moms more money than software engineers to do what exactly? Some of the highest paid people at the bank and I don’t know what they do.

Definitely not a career option

Most avenues for professional growth and career advancement are closed. You’ll be pushed to work more all the time, while the performance is never rewarded with matching pay or opportunities opening up. USB starts to look more like a sweat shop than... — read more 

tax reform bonus?

Will the bank ever give out a bonus like this again? https://www.housingwire.com/articles/42185-us-bank-becomes-latest-bank-to-increase-wages-hand-out-bonuses-after-tax-reform/

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| 1010 views | | 4 replies (last December 4, 2024)
Post ID: @OP+1vGLaPiW

Bureacratic nightmare

Working in marketing here is from he11, no matter what business line you are in. Out tools su-k, our structure is broken, mo--ns are in ‘leadership’ positions because they have kissed enough butt over the years, power fights between between business... — read more 

Awfully quiet

Must be people in the holiday spirit! Haven’t seen an unhinged racist or bigoted post in weeks, must be nice to actually have a real conversation.

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| 1070 views | | 6 replies (last December 1, 2024)
Post ID: @OP+1vGhHxgi

New 401K Plan

Must be here at the end of the year now to receive 401K match after this year to receive the lowly match instead of working 1000 hours. No increase in match, just another penny pinching measure. They just want us to quit.

The reality of being an entry level employee at US Bank

You're not an investment, you're just cheap labor. They’ll keep you around for a couple of years, have you handle the worst tasks, and then effectively let you go by skipping over your promotion when the time comes. I hope anyone considering this... — read more 

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| 850 views | | 2 replies (last November 25, 2024)
Post ID: @OP+1vFskUM1

Who gets to decide who is laid off?

Who gets to decide who gets laid off and who does not? Does your personal manager get to choose or the HR does the picking by targeting those who are not following RTO? A few of my coworkers got laid off in the past couple months but they did follow... — read more 

SBS cuts?

Something weird is going on w/ SBS’s. I’ll preface this by saying I don’t believe they will get rid of that role but I think they want to downsize & are trying to weed ppl out/make ppl quit. In July they completely their revenue goal & how categories... — read more 

Truist acquisition rumors

Have heard from credible sources that US Bank will look to acquire Truist Financial Corporation next year. Anyone else hearing this?

USB to acquire Truist

Anyone else hearing that US Bank will acquire Truist Financial next year?

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| 940 views | | 4 replies (last November 21, 2024)
Post ID: @OP+1vyMlxMH

Consultant Influence: Uncovering Potential Dynamics

I’ve noticed a growing reliance on consultants from various vendors within our organization. What stands out is that some individuals, who have previously worked with these consultancies or have longstanding relationships with them, seem to be... — read more 

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| 1240 views | | 5 replies (last November 20, 2024)
Post ID: @OP+1vx4EixE

Fully Remote Update

Any updates for those of us who are fully remote and not near a HUB or client center? My manager doesn't know and it's been totally silent - I've heard no recent chatter at all.

PTO days

It is a part of your total compensation. Don't be swayed on artificial deadlines and manager pressures and lose that precious time you could spend with your family (the real one). Monthly layoffs have remaining employees picking up the extra work and... — read more 

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| 1110 views | | 7 replies (last November 17, 2024)
Post ID: @OP+1vuXku4Q

RTO

How’s that RTO going and consolidation of floors?

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| 1790 views | | 12 replies (last November 19, 2024)
Post ID: @OP+1vuNTjpJ

USB layoffs

USB has been laying off multiple people in different areas, more rounds coming in DEC and FEB(2025)

This site is becoming a garbage dump

Personal attacks, veiled racism and s-xism, misinformation…come on U.S. Bankers, what happened to the superior moral and ethical compass we all cling to?

Pay

I just found out I'm paid more than $10k less than a person doing the exact same job as I do in a smaller bank. Is this a me issue or is this normal for US Bank?

Souheil

Probably time to bring this discussion up. What exactly are his accomplishments with the bank to date? What were his credentials and/or achievements for getting hired by the bank in the first place?

US Bank Layoffs 2025

Share any updates you may have about US Bank layoffs? Any chatter, news or rumors?

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| 2000 views | | 7 replies (last November 12, 2024)
Post ID: @OP+1vp9RTlm

Survey results

Anyone know if they actually do anything with the survey results. Do they consider making any effort to make improvements or are they just going through the motions? Any insight if they actually have discussions on the results?

Over it !!

This bank is solely focused on the cost savings from reducing full-time staff, showing little regard for the value or contributions of top performers being let go. Leadership's priorities have shifted, revealing a lack of loyalty or concern for... — read more 

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| 1110 views | | 7 replies (last November 13, 2024)
Post ID: @OP+1vnlQFHz

Why even try anymore?

Greed has been running the show at US Bank for years now. Nobody should be surprised that so many of us have checked out and are just doing the bare minimum. Why should I put in extra effort when it’s more than clear I'm seen as expendable? A... — read more 

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| 890 views | | 5 replies (last December 21, 2024)
Post ID: @OP+1vn9Co63

Reminder

It is generally illegal for an employer to tell employees not to talk about their salaries with each other, as this is considered a violation of the National Labor Relations Act (NLRA) which protects employees' right to discuss their wages with... — read more 

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| 680 views | | 1 reply (November 7, 2024)
Post ID: @OP+1vnZi7ME

In case you wondered if there will be more layoffs

I know the answer. Layoffs and staff reductions are ongoing. It’s never done. Don’t let anyone tell you otherwise. Soon they will be hiring because there aren’t enough people. Then more layoffs will happen as departments shrink and resources... — read more 

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| 960 views | | 2 replies (last November 8, 2024)
Post ID: @OP+1vnaNzk8

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