Another useless re-org happening in June. First with the CFO org and now leadership and teams to be shuffled around by June. Senior management will give themselves pats on the back when in reality all it’s done is create inefficiency and mass... — read more
It's Wednesday
Is anything happening? It's so far calm in my neck of the woods but it might still be too early to say. I didn't get any emails yet about mandatory meetings, so that's a plus. Please, if you know for sure what is coming (if anything) today, share... — read more
Isn't it high time to get rid of useless management?
I've never worked for a company with these many levels of uselessness. Managers reporting to managers, who report to more uselessness. You need one director with frontline managers reporting directly. These old time, useless management class is so... — read more
That won't save their reputation
If the leadership thinks that doing layoffs silently, without news of it reaching the media, will prevent damaging the reputation of this place, then I think they are simply wrong. Because, there are already a lot of dissatisfied employees, who... — read more
Managers leaving for greener pastures
Yesterday my manager handed in the notice that he was leaving for a similar job at another company. That is my third direct manager in a year and a half that left on his own for (as they say better) jobs at other companies. One has to wonder that... — read more
Just got an offer... Can someone help with grades?
Is an Analyst role (or Analyst 3) ever Grade 14? What are the salary ranges for Grades 10 through 14?
I really want to quit
I'm just too scared to do it. Other major banks all have the same issues we have and while they might be better, it's not that easy to get a job at smaller banks, even now. I'm not sure how to get myself to take that step. In all honesty, being laid... — read more
Get ready for Wednesday.
I accidentally received an email that was later recalled. Titled “mandatory meeting” 5pm
Only the weak stay with US Bank
Usually the weak stay with US Bank. Grow some ba--s and get outside of your comfort and stop being a slave.
Upper Management Layoffs A Big Ruse In CBB
Big announcements about upper level Layoffs. Everyone is concerned, think it's about time, cut the fat. Funny thing only 10 to 15 are actually affected. The number of new jobs posted almost matches the number of jobs "eliminated". Think about... — read more
Link to my thoughts about us bank layoffs in a LinkedIn post
https://www.linkedin.com/posts/shaun-sjs_greatresignation-digitalbanking-kismyass-activity-6917939588946657280-QQrg?utm_source=linkedin_share&utm_medium=ios_app
Link to my LinkedIn post talking about U. S. bank
Link to my thoughts on U. S. bank https://www.linkedin.com/posts/shaun-sjs_an-environment-where-everybody-can-thrive-activity-6918194522019520512-0-uP?utm_source=linkedin_share&utm_medium=ios_app
More is coming
Don't be naive to think this is it. Restructurings never last just for a week or two. They drag on for months and usually include several layoffs. While I don't have any inside info to claim this to be true without a sliver of a doubt, I'm just using... — read more
While all the companies are focusing on RTO
While all the companies are focusing on Return to Office….Andy Cecere has his own agenda - Return to Reorganizations. What a corrupt crook he is, the only way to stop this madness is to kick him out.
Big restructuring - wth happened
What else is going to happen? What does it mean
Is this round reserved for managers?
From what I understand, there'll be more layoffs before the end of the week but the only ones affected are various levels of management. Is this true? Did I understand it correctly? If that's the case, then for once, the bank is doing something it... — read more
What just happened today?
Does anyone understand what happened today with the reorganization, layoff of RPs Divison Managers?
What a S#it Show US bank has become Andy
Unionize the bank and throw these greedy Fs out
Mgmt - just help us be successful
I've been with USB for a while now. I was told I had just avoided the last major transformation before I joined. I've been in tech for most of my career, you can guess what dept I'm in. The introduction of Agile isn't new to me, so this round of... — read more
Cecere made 20 million in 2021
Something doesn’t add up when his salary keeps going up along with the laid off count. He keeps cutting jobs to fill his pockets and make like the company is still making money
Ageism is very definitely alive and well at US Bank
What you people are saying about ageism at US Bank is totally true. I was making too much money when the TOS division was in the process of shutting down processing centers several years back. That was a long process that didn't happen all at once. I... — read more
Severance package
What kind of severance package was offered to those who were laid off yesterday? Does anybody know? Is it one or two weeks per year? How is medical coverage handled? I would appreciate it if anybody would be willing to share this info with the rest... — read more
Wednesday layoffs
What will be hit today?
Mortgage Layoffs
I am an underwriter and I was laid off today. Very sad day. I spent many years working for US Bank Mortgage. I don’t know if more layoffs are planned, and I wish everyone who was laid off today the best. Truly heartbreaking.
Enabling our future
Enabling our future while we disable yours. More lay offs coming. 2022 has just began.
I got laid off too
I work in branch banking
Mortgage supervisor
So it is true today at 10 am 3/29/22 I was layoff with 20 plus other employees. Last month US bank assured us this would not happen. Yes after a recorded breakdown Gn year from the pandemic 16-20 hour days they just laid us off and I believe it’s... — read more
Small cuts
Looks like the management has opted for small cuts every few days instead of one major round. I think one large round draws too much attention and negative publicity. If they only cut a few people every few days, it can easily fly under the radar... — read more
Merit Increases?
I thought raises were to be on today's paycheck. Nothing changed with my pay. Should I assume that means I'm not getting a raise? My boss & I never had a conversation about a merit increase. Did others get a merit increase on today's check?
Well….just got laid off :-(
Oh well….time for a break
bonus
I still haven't got my bonus
Enabling our future… but not mine.
My team (15 people) were laid off on our first day of RTO. Oof! I got 1 week severance for each year of service. They made it sound like broader org changes were coming as part of a “Enable Our Future” initiative, but I haven’t heard anything else. — read more
Enjoying your "bonus"?
Feeling less miserable for knowing what your bonus is, and you cannot wait to pay overdue balances? That's great, just remember you have an upcoming 12-month cycle where you will be overworked, will have no direction and you will feel miserable... — read more
RTO fallout will be epic!
The bank is testing us but they don't realize how many of us are ready to push back and not return to work at all over this. Who are they going to replace us with if we don't show up? The job market has never been worse for businesses and better for... — read more
RTO Tuesday 2/22
I wonder how many people will refuse to go into the office.
What was your raise and bonus
Mine was 4% and 105% of target
Why are they transferring Corporate Trust over to the US Bank Trust Company subsidiary?
Fitch is reporting that "USBNA will transfer substantially all of its corporate trust business to its subsidiary USBTC". Anyone know the reasoning behind this... — read more
Bonus Paycheck
What date will the bonus be paid on? I can’t last another month in this he-l.