Meetings this morning and several full stack developers and application developers quietly notified their job will be disappearing in 90 days and to look for positions in other divisions. Meanwhile we continue to post profits amid every other company... — read more
Never again US Bank
Too many mistakes. Too may rats and weasels running the organization. Too many frustrated customers feeling ripped off their $ with irrational commissions and fees. Too many loyal and hard working employees feeling squeezed and underpaid. This... — read more
Next branch closures is On-Site branches
Announcement coming in January. Happy new year’s!
U.S. Bank announces plans to close more branches; Q3 profits decline
https://www.bizjournals.com/twincities/news/2020/10/14/u-s-banks-profits-drop-in-third-quarter.html?iana=hpmvp_twin_news_headline
US Bank website and services down
Check the page https://downdetector.com/status/us-bank/map/ Massive outages ATM website mobile in all the regions where US Bank operates Piece of c-ap bank
Where to apply?
Where are people who have been impacted applying for new jobs? I've looked around, and every bank has had a major layoff or two in the past six months. Most of them are not hiring right now and even if they do, chances are they'll have more layoffs... — read more
Wake up and flush the toilet
For those impacted, my solidarity. I know you are going through a lot. Anxiety, anger, powerlessness and sadness may be some of that. US Bank owes you nothing. They never cared about you and they squeezed every bit they could from you. Flush US... — read more
New day new beginning
One door closes, other opens. Everything happens for a reason. How do you know this was the best job you’ve ever had, next one could or will be even better. Opportunities are born during times like these. Don’t be an employee , be an employer. ... — read more
More to come?
After the dismantling of community banking is this it for a while or is there more to come? Are the division support staffs in community about to be consolidated? Are regions going to be eliminated? Will community now be merged into metro (it all but... — read more
https://www.bizjournals.com/twincities/news/2020/05/06/former-employee-sues-u-s-bank-claiming-boss.html
Welsh sweeping this under the rug to protect his buddy from McKinsey.
They should call it Offshore Bank
Nothing U.S. or American about it anymore. No appreciation for those with decades of loyal service. Just outsource to "offshore" cheap labor hourly rate turks that don't care about the brand, don't know the industry, say what you want to hear. All... — read more
Positioning CBB for the future pt2
We have tremendous opportunity to further accelerate our business banking segment strategy. Lynn Heitman will now focus on leading these efforts by building an expanded team and partnering across the bank to create a holistic business banking. The... — read more
Positioning CBB for the future pt1
This email was sent to all CBB employees. Within Consumer and Business Banking (CBB), we’re all working toward a common goal: becoming central to the financial lives of our customers to power their potential. To achieve this, we embarked on a... — read more
F*CK US Bank
Fck Andy, fck Tim, f*ck anyone that had anything to do with today’s news. US Bank is dead. Anyone left should leave. They’re clueless and only seeking to ensure their bonuses. They don’t care about employees at all. Employee engagement and... — read more
US Bank Layoffs and more...
Do you stay with US Bank because you still want access to your "pension"? You like the bogus bonus structure? You feel like you live paycheck to paycheck with Damocles' sword hanging from above? Guys, wake up and React up. US bank owes you nothing... — read more
Happy Monday!
Good morning, everyone – Last Friday got away from me, so I decided it would be better to wait and say “hello” on Monday morning, in hopes that it can help us all ease (or be thrown) back into what will likely be another busy work week. 😊... — read more
Here’s a gift to all the ID10Ts at US bank that can’t seem to do basic google searches
https://www.occ.gov/topics/charters-and-licensing/weekly-bulletin/2020/index-weekly-bulletin-2020.html
More branch closures next week
Temporarily branches will be closed effective immediately. More announcements will be made next week.
I envy those who were already notified
The stress of the past two days is really some of the worst I've felt my entire adult life. If I was laid off, at least I'd know what my next steps would be. Like this, I feel stuck in the limbo. I know it'll all probably be done by the end of the... — read more
Media
https://www.bizjournals.com/twincities/news/2019/10/22/u-s-bank-tells-workers-job-cuts-are-coming.htmlP
When will we know more details?
Now that this bomb has been dropped on us, what are the chances they'll give us the details soon? It wouldn't be fair of them to announce something like this and then let us all stew for who knows how long. That wouldn't be good for us or the bank... — read more
Retail Banking is Finished (IMHO)
Find a different job while you can...
Breaking News!!!! (As of 10/1/2020)
This email was sent to all employees. Focusing on out future Team, During the past few years, we have taken many steps to position our company for the future. We invested in technology and digital capabilities, adjusted organizational... — read more
10/1/2020 Job Cuts Coming - Announced by A.C.
10/1/2020 Job Cuts Coming - Announced by A.C.
Layoffs?
Has there been any news?
What will 2021 hold?
With the return to work now paused until after sometime in January, will they start looking in to see how many people actually need to come back? How many positions they actually need? And how much space US Bank occupies that will need to be reduced... — read more
What a joke
All the banks open in our town of 20,000 people. Usbank is the only one closed up to this point. Literally waited in the drive thru for over 20 minutes and the line was backed up into the street. Great bank! Great customer service! NOT
Jan 2021 will be judgement day
Source: CBB Welsh DRs
Not Richard’s Bank - Massive closures coming
It has become abundantly clear that USB not only no longer cares about their employees who have become numbers at best, but also obviously doesn’t care about their customers. All decisions are made solely with a bottom line in mind and it doesn’t... — read more
U.S. Bank is crumbling
Is anyone else noticing this? ATMs not working, systems crashing, not enough employees, branches being temporarily closed or "blacked out," and nonstop dysfunction, and it all seems to be getting worse. The employees working in branch are very... — read more
WMIS MASS LAYOFF
WM and PCG will be hit HARD very shortly, expect either half of all positions gone or the complete elimination of the PCG role. Investment side will be hit but not as hard as customers are causing a meltdown of their phone system with the economy... — read more
Departure of Jorge Ortiz - CIO
Anyone has the scoop on the real reason why the latest CIO, Jorge Ortiz was let go, just after hiring him less than a year ago? Chris Higgins retires and an endless, fruitless search inside goes on for six months, end up hiring this guy and then... — read more
Hiring Freeze
S. Bank is now under a hiring freeze. I'm guessing the next step is layoffs. Any ideas when the employees can expect it?
Premium pay for front line employees
While there are uncertainty during this tiring time, I do appreciate (and is surprised) that US Bank stepped up and provide a temporarily premium pay to its front line employees. Front line employees are really risking their lives to help customers... — read more
Mass exodus coming soon from customers
Read the Facebook comments. The IT problems are out of the bag now. Will be a problem very soon
US Bank Suspending Mortgage Payments for ~3 Months (California)
Wells Fargo, US Bank, Citi and JP Morgan Chase will defer mortgage payments for three months. State chartered banks and credit unions will offer similar deferrals. The banks also pledged not to initiate foreclosure sales or evictions for the next 60... — read more
Andy Cecere
Anyone else see Andy Cecere just got a 40% increase on his salary. Must be nice to be on top but leave your employees struggling. What is ethical about anything you are doing?
Fascinating
Accused of the same Crimes as Wells Fargo and not a peep on this board. Bad timing. Going to be brutal with layoffs