Topics regarding layoffs at U.S. Bank

Topics regarding layoffs at U.S. Bank

401K Benchmarking Exercise - Assistance Requested

I currently work at BNY Mellon. Our CEO recently announced a change to the 401K plan. Currently our company match (max 7%) is implemented each pay period. Starting in 2023, the match will be paid at the end of the year (actually, three months after... — read more 

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| 1830 views | | 9 replies (last December 29, 2022)
Post ID: @OP+1kdvUOra

Is there a way to increase the chances of being safe?

My morale is zero. There are a lot of rumors circulating about layoffs and I am getting more and more anxious, and as a result, less and less productive. I would like to keep my job here at least until I find a better one but I am especially... — read more 

Thursday layoffs

Wish they would just tell us if we are safe thru holidays like BOA did. I’m just nervous to be happy as I’m afraid it’ll happen but I hope not

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| 2170 views | | 5 replies (last December 12, 2022)
Post ID: @OP+1k5IEYds

2023 Branch Closures

Now that the MUFG merger is complete, I would expect the mission to close more branches continues and yet another reorg. Especially in formerly known community markets. They paused for a while until USB received regulatory approval but come 2023... — read more 

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| 2293 views | | 4 replies (last December 20, 2022)
Post ID: @OP+1k3qvWf1

A very stressful period

I thought that I would never become completely burned out because I actually love my job. However, expectations from employees are continuously growing, the pressure is increasing. The atmosphere is very tense and the unusual behavior of the... — read more 

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| 2060 views | | 4 replies (last December 19, 2022)
Post ID: @OP+1jYG4uSq

Office parties suck

Suddenly they think of sticking many people in one room making stupid parties like that will make anyone want to go in. Kind of disturbing actually. People are still getting sick and no one cares about stupid forced interaction. Barfing inside.

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| 1820 views | | 5 replies (last February 10, 2023)
Post ID: @OP+1jYG0Woi

US Bank Layoffs 2023

Make a prediction and tell us what you think about US Bank layoffs? Any chatter, news or rumors?

Layoffs

Here is week they can lay us off and it will be done before Q4 ends but also it will not be RIGHT before any holiday

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| 1390 views | | 3 replies (last December 16, 2022)
Post ID: @OP+1jUK9W1w

Constantly stressed out

I used to enjoy my job once upon a time, but the last few years have changed that completely. I'm constantly stressed out over unrealistic goals and deadlines, having my workload increase all the time, and having to worry about layoffs on top of all... — read more 

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| 2011 views | | 6 replies (last November 29, 2022)
Post ID: @OP+1jRnrXNj

Leadership is d-mb as a box of rocks

How are they going to enforce RTO for only hybrid employees when so many people are remote/home based and working on the same teams as hybrid employees? It’s going to create so much animosity between team members and no way are employees who’ve been... — read more 

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| 2124 views | | 4 replies (last November 23, 2022)
Post ID: @OP+1jPef8jj

I'll take a layoff and severance over being fired

I've been hearing a lot of whispers about people being fired for the most ridiculous things. I'm now even seeing it talked about on this board. If that's how the management has decided to reduce the number of employees, then I'd welcome being laid... — read more 

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| 1443 views | | no replies yet
Post ID: @OP+1jO9lqF0

Managers told they’ll be fired?

I heard a rumor that managers are being told they’ll be fired if they don’t enforce RTO. Can anyone confirm if that’s true?

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| 2120 views | | 3 replies (last November 19, 2022)
Post ID: @OP+1jMqUuPC

Change

Tech leadership change at US Bank https://www.fintechfutures.com/2022/11/tech-leadership-change-at-us-bank

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| 1920 views | | 5 replies (last December 1, 2022)
Post ID: @OP+1jJaVHSt

Layoffs this week

Couldn’t sleep all weekend thinking about this week. I hope no mortgage layoffs

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| 2400 views | | 5 replies (last November 18, 2022)
Post ID: @OP+1jHfcwMq

Micromanagers and RTO

I am sick of the RTO and my is manager consistently bugging me to be a part of it to show leadership spirit. Can anyone tell if RTO will ever get reversed for the bank? If not, I have to look for a different job. My work in the bank takes a lot more... — read more 

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| 2480 views | | 4 replies (last November 13, 2022)
Post ID: @OP+1jDgdu8D

Back to work

To pull people back in line, the Fed has engineered a recession. Everyone should resume commuting to work and refrain from requesting extravagant extras like seeing their children. Talking to Johnny at the water cooler about golf is an important part... — read more 

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| 1850 views | | 3 replies (last November 10, 2022)
Post ID: @OP+1jC3vWP5

I am not paid enough to do all that work

Responsibilities are growing, workload is increasing and I feel very underpaid. Unfortunately, I have a feeling that if I stay here, I will become even more underpaid. Do those at the top really think that employees will continue to make... — read more 

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| 2323 views | | 9 replies (last January 26, 2023)
Post ID: @OP+1jBgrNsr

You lose cr-p-suite

You want me in the office? Ok I’ll do maybe 3 hours solid work on days I have to commute to the office vs 9 hours of solid work on days I work from home. Don’t expect me to ki-l myself in the office. Too many disruptions with people talking... — read more 

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| 1910 views | | 3 replies (last November 9, 2022)
Post ID: @OP+1jByeLlT

Layoffs

Will banks wait after holidays or such do it this week

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| 2590 views | | 7 replies (last November 13, 2022)
Post ID: @OP+1jzH7nBf

Wrong people in leadership

There are so many of the wrong people in positions from the c-suite to mid-level managers. Sad that these are the decision makers who are often the reason people leave. So many managers and orgs have awful TTUS survey results and nothing is ever... — read more 

People leave bad bosses

I received a better offer and submitted my resignation. However, I was ready to accept even a job with a smaller pay because I could no longer bear the manager's behavior. I don't even know how that person ended up in that position. I think that... — read more 

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| 2100 views | | 3 replies (last November 16, 2022)
Post ID: @OP+1ju7Kdz4

Work Work Work

I am sitting here typing a memo for my boss. Dang it, a typo, and I had carbon paper on it too. Dang, my girdle is pinching me. But I must carry on as I know my place in this company. After all, it's 1971.

Extinction

T-Rex, Brontasaurus, Stegasaurus, Teradactyle, USB

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| 811 views | | no replies yet
Post ID: @OP+1ju6dVHd

Bring It Back

When I go back to the office, I want a typewriter, rolodex, rubber stamp, ho-e punch, stapler (red) and a file cabinet. Since we are going backwards with RTO, I might as well work like it's 1975. Dump the computers, and do everything manually. Oh... — read more 

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| 1191 views | | no replies yet
Post ID: @OP+1juOeCYO

RTO..What's Next

Will they return to a dress code of business suits for everyone ? Why not throw in paper time sheets, how about a toaster for opening a savings account. I mean really, if we are going to go backwards, why not go all the way !!!!

No one is following RTO

Had to stop by the office today and I saw 2 maybe 3 people on my floor at the building I work in Minneapolis. I don’t plan on coming in either unless absolutely forced….

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| 2380 views | | 7 replies (last January 24, 2023)
Post ID: @OP+1jut3qIy

Collaboration is just an excuse

The people I work the most with are in several different locations. We collaborate just fine every day online like we did for the past two+ years. Collaborating at the office would change nothing except for where we sit - we would still have to... — read more 

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| 1680 views | | 4 replies (last November 1, 2022)
Post ID: @OP+1jtImxrr

Putting lipstick on a pig

U.S. Bank is plagued by deplorable leadership at the top and this fact is now being noticed by the institutional shareholders in my opinion, leadership couldn't give two hoots about what the employees think, however when the big institutional... — read more 

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| 1520 views | | 1 reply (October 31, 2022)
Post ID: @OP+1jtYJlSx

Just don't show up

At other companies, employees are simply not showing up at the office and nobody is doing anything about it because as much as any management would like to, they can't get rid of the majority of their workforce at once. If we do the same thing, I... — read more 

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| 1510 views | | 2 replies (last October 31, 2022)
Post ID: @OP+1jtjo2Ns

RTO related Exec Forum Nov 03 at 11am ET?

Who is planning to attend? I thought it is meant like an "all hands" but only some of us got the invite. It is based on department or on job code level/seniority? Can we provide email feedback in case we don't want our names in the open?

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