I just noticed that the stock information is missing on the intranet home page. Anyone else notice this? Has it been missing for a while? I normally don’t pay attention to it very often but went to check it today.
Has anyone been made to work from home?
I'm in a small team of 8 and we were sent to work from home when previously in office due to making room for other larger departments at the hub. Curious if anyone else has had this happen and if we should be worried?
Alliance team - layoffs incoming?
State Farm deposit accounts don't seem to be doing well - balances are lower on average, and going down. Uncertainty everywhere - leadership changes their mind about five times a week. Layoffs when?
Inspecting Home Offices???
https://www.forbes.com/sites/jackkelly/2024/06/03/banks-brokerage-firms-return-to-office/ One of the reasons for the RTO edict is that new regulations from the Financial Industry Regulatory Authority—a self-regulatory agency—now require the home... — read more
USB technology leading to Amazon toxic culture
All leadership up to Dilip is from Amazon creating toxic culture. No safe environment to work https://amp.theguardian.com/commentisfree/2015/aug/22/amazon-brutal-work-culture
Some of you all need to get a grip
SOOO much bad information here. Look, we have ~70,000 employees. If it's true from another thread that USB is laying off ~11,000 employees in 2024. Based on that number above, that means ~59,000 people are still going to be around. It's not like... — read more
July Layoffs
What layoffs does U.S. Bank have in store for July? Anyone hear of anything?
Even HR is starting to leave. Look up last announcement.
Rohret is leaving. Pushed out or decent human being fleeing the sinking ship?
I was laid off recently
Took my severance, gave banking a long hard look, and decided to completely change industry. Oh boy, and what a good decision it was. Went nonprofit. I’m paid less, but what I get can’t be paid in money. Work is meaningful, colleagues are great, work... — read more
Public Service Announcement
Remember to pay attention to which posts get removed. Those are the ones that management doesn't want you to see. If they are worth the time it takes to send a threatening email, then they be saying something that is worth suppressing.
USBank does not care about their employees
All this best place to work and how much they care about their employees are lies. The leaders are from McKinsey and they use McKinsey as consultants . They even said if anyone wants to know who made the RTO decision, AC said it was him , Elcio, and... — read more
Made it Another Month
As a hated fully remote employee not anywhere near a HUB or client center, I'm here to report I've made it through another month without getting the ax. From what I'm reading on here about US Bank following the Wells model in dumping eventually all... — read more
USBIF layoffs?
Heard that they would layoff in huge numbers here in next five months. Is this correct?
What about Risk?
I’ve heard there is going to be some major layoffs there. Has anyone else heard that? I know that area is very bloated, especially higher grade levels.
Tim Welsh
Just announced will be leaving USB, remaining through July and then serving in advisory position through October.
A ton of shake up with recent announcements
It’s like they are dropping a bo-b after bo-b e very day with all the announcements. Cleaning house?
Head Hunted
I’ve received about 3 messages from a recruiter for US Bank. Keep it brutally honest, I left Wells Fargo when I heard rumors of chainsaw Charlie laying off, and a year later my branch was closed down and not everyone was able to transfer to the... — read more
I don't feel motivated anymore
Layoffs are one thing, but the endless outsourcing and focus on AI makes it REALLY hard to think my role matters anymore or what the future looks like. Anyone else?
What could US Bank do if someone decides not to go to the office.
I am being highly unproductive and wasting 2+ hours in commute daily. RTO seems like a dead end to me and is clearly messing way too much with my mental peace. I am curious what actions US Bank aka North Korea could take if I decide not to go back to... — read more
Fully Remote Not Near a Hub
Anyone hear anything new about those of us in this situation?
Spreading Group
Evidently Corporate and Commercial spreading is moving to India. I guess spreaders in USA are ongoing to oversee their work for a period of time. I think I saw a movie about this. They must be paying them some sort of bonus to stick around while... — read more
GTM re-org and layoffs
Lots of folks being moved around. Some being laid off. Here we go CPTS……
Unveiling the Truth Behind Controversial Hiring Decisions at Elavon
In recent months, revelations within Elavon have brought to light concerning issues of favoritism that permeate the organization. This narrative, built on meticulously gathered information from various internal and external sources over the past... — read more
TTUS Survey
Funny how it's not being shared in meetings like it used to be....
What’s the latest on layoffs?
And pls, guys, provide info if you can - dept, no. of people, etc. We all have just bits and pieces of information and not a general picture. Is it true that WFH people are affected disproportionately? I wish us all luck.
Tell us your department
I know people tend to live in their own world and don't realize all of the different segments of this company, but please realize how big the audience is. Are you in Commercial banking? If so on the credit, sales (RM), back office, TOS, etc.? Same... — read more
More layoffs imagine that
Looks like they're going after the work from home people now. Few months back a few Union Bank people's Jobs were eliminated and now some work from home people where let go. These people have been work from home for a long time and have been with... — read more
June layoffs
Well my manager got layed off, I am sure it will be me very soon I mean what will they do with me considering I am the only reporty to my manager
No HSA Match Means Layoff???
My HSA posted today, Juneteeth. No matches that happen semi annually. Is this supposed to post this pay period or next?
Layoffs today
Well I know that my team lost one person. They are here until 7/26. Our manger just read from a script, zero emotions or care involved regarding our team member. He was more annoyed that he had to interrupt his vacation to notify us.
EXECS in office?
I'm not in a hub, but wondering if AC and is minions are back in the office 3 days a week?
Company no longer allowing floating holidays
I work in TOS, and our manager told us they were informed that the company is no longer allowing floating holidays nor are we allowed to work on a holiday (ex. President's Day) in exchange for a different day off. Throw in the company's anti-vacation... — read more
CBB Layoffs
Any Consumer and Business banking layoffs coming?
Document custody layoffs?
Has anyone in document custody heard anything about layoffs or anymore sites closing? We have had a few temp and permanent employees laid of here and there but I just have a feeling something biggers coming
Useless managers
Who else here reports into useless senior management who know nothing about the subject matter of the department they are in charge of and also have little to no emotional intelligence in regard to their employees. I do.
Steve Jobs’ advice
Is this what the bank should do? https://dailycaller.com/2024/06/10/starbucks-founder-howard-schultz-steve-jobs-advice/?utm_source=dlvr.it&utm_medium=facebook
Notices week of 17th?
Any truth to this rumor? If so, do we know more?
USBank and Truist merger?
Heard there was a meeting at Truist HQ in North Carolina to discuss possible merger. Anyone else hearing this? Also saw this: https://www.thelayoff.com/t/1sT5ayLn