Topics regarding layoffs at U.S. Bank

Topics regarding layoffs at U.S. Bank

Not everybody was laid off

US Bank repurposed the assistant branch manager role because they no longer have operational, non customer facing duties. If your friends were just hired/promoted they still have their job with a different title. No one was walked out the door-they... — read more 

Customer Relationship Consultant (New Role Questions)

Question Us Bank just posted almost a 1,000 positions across the country called a customer relationship consultant and many assistant managers in our area are applying. I have heard there are 4 levels but does anyone know if this will pay... — read more 

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| 3210 views | | 6 replies (last October 30, 2019)
Post ID: @OP+11GAOd8E

Incompetence at US Bank

Got rid of tellers and branch managers (first point of contact to customer). Want 75-yr olds to understand how to use your c-appy website and c-appy mobile tools? Everywhere from Anne M Janke to J Bilden to S Levang, all incompetence and no positive... — read more 

Clean up your resume and interview like crazy

Clean up your resume and interview like crazy. Time things wisely. Get your severance and get ahead of everyone else. Remember nobody will care about your career as much as you will. Nobody owes you anything. You owe a better future to yourself and... — read more 

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| 1200 views | | 1 reply (October 24, 2019)
Post ID: @OP+11GjCfSV

Cynical and Ruthless Layoffs by USbank

In a surprisingly cynical and ruthless move USbank decided to make a "Staffing Overhaul" at all branches and operations centers this week. Claiming to replace "non-customer facing" employees such as Assistant Branch Managers and Teller Coordinators... — read more 

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| 2630 views | | 4 replies (last October 25, 2019)
Post ID: @OP+11GF83tQ

US Bank equal to Sears

Remember when Sears stores used to look like a ghost town 2-3 years ago before the bankrupt? That's precisely how US Bank branches look today. Cecere only wants his golden parachute. A sad story of incompetence.

Go work for their competitors!

I was there 12 years and when optimization plans came out last summer, I saw the writing on the wall. Everyone assured me it would be ok but I saw right through the lies. I left and now am thankful I did but now hearing this happen to many friends... — read more 

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| 1880 views | | 1 reply (October 28, 2019)
Post ID: @OP+11FrPghi

Greed

I don't know who handed the keys to this new CEO and CFO, but they are destroying this bank. At the peak of the recession, under richard davis, promotions and moving up were still alive and well... the lending process was smooth. The new lending... — read more 

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| 3910 views | | 6 replies (last October 26, 2019)
Post ID: @OP+11EYlRqP

Outsourced

Came in to work, it was a good day with light traffic. Then saw a message with an invite for a a mandatory conference call - I knew exactly what will happen, we were all on the chopping block... Anyhow, the entire group of us (IT analysts) will be... — read more 

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| 2983 views | | 2 replies (last October 24, 2019)
Post ID: @OP+11Eww6Yt

Commercial Lending Layoffs

Happened today, my husband was laid off after 10+ years with the bank. He's crushed. Good luck to all of you who are still there. For all people that got laid off: my prayers are with you. Good luck!!!

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| 1180 views | | 1 reply (October 22, 2019)
Post ID: @OP+11EOhJeE

People First

Help me understand this... All metrics are trhough the roof, we are doing really good, executing exceptionally - so, we decide to lay people off? How is this a "People First" strategy - this is anything but... Oh, well. Crony capitalism I guess... — read more 

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| 1580 views | | 6 replies (last October 24, 2019)
Post ID: @OP+11Es6BfY

Pay attention!

Going forward employees need to pay close attention to weekly changes and “optimizations”. The branch optimizations that have been carried out over the last year or two were clearly making the assistant manager position obsolete. This pattern is... — read more 

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| 1940 views | | 1 reply (October 22, 2019)
Post ID: @OP+11EHmEb9

What will be hit next?

Small Business Banking? Something else? Please, if you know something, share. My nerves can't take much more of this.

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| 1570 views | | 5 replies (last October 23, 2019)
Post ID: @OP+11E0crN2

U.S. Bank Eliminates Help Desk and Other Groups

Mandatory Call for Help Desk, Technical Fulfillment, Vendor Compucim, and ITSD Field Groups. Told that positions will be eliminated by August of 2020. Positions are only guranteed until May 2020. Only keeping 20 people from group of... — read more 

Mega Thread

Here it is: @11DvdIse OR https://www.thelayoff.com/t/11DvdIse TITLED: USBANK OCTOBER 21 2019 POSSIBLE LAYOFF'S ?

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| 1025 views | | no replies yet
Post ID: @OP+11EfzKkd

Made Forbes list of most ethical employers... Hmmm....

I work at usbank and the last 12 months I’ve noticed terrible changes. Can they stop talking about being in Forbes list of most ethical employers. When they are ranked all the way down in the upper 400s and the lowest of all banks and lower... — read more 

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| 1090 views | | no replies yet
Post ID: @OP+11ENo5wQ

Repost - BIG BLUE BUTTON: See only active posts!

See only ACTIVE POSTS (ones that recently had replies...) ||||||||||||||||||||||||| For new folks here, there is a large "ACTIVE" button right above the first thread... you can use it to see what posts had recent replies. That's all from me... — read more 

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| 653 views | | 1 reply (October 22, 2019)
Post ID: @OP+11E2c5vs

Generation shift

I write this for our peers in the retail world. You are valued. Your contribution to connecting and growing our relationship with our customers has built the foundation for U.S. Bank to succeed. Consumer behaviors have shifted and it makes sense to... — read more 

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| 1180 views | | no replies yet (last October 22, 2019)
Post ID: @OP+11E4bq6f

Things are not going good at US Bank

US Bank has a new and changed culture. The things started changing rather rapidly after Richard Davis left US Bank. The bank changed from a people centered company profit and only profit making machine, each employee became a number…. Look around and... — read more 

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| 3080 views | | 5 replies (last October 23, 2019)
Post ID: @OP+11EVEMHU

Bad news for us

Today was a sad day for assistant managers. My husband got the news today, after 10+ years with the bank (he’s an Assistant Manager) he will likely lose his job. We know that there will be generous severance (I think it’s one week per each year of... — read more 

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| 1820 views | | 4 replies (last October 22, 2019)
Post ID: @OP+11EwbPrz

No more FT Tellers and ABMs

I was on a call today, it was cold, calculated, brisk and up to the point. Anyhow, basically there will be no more FT tellers and Assistant Branch Managers. That's it, that area is completely eliminated - so, you may continue as a PT teller, or you... — read more 

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| 1390 views | | 3 replies (last October 22, 2019)
Post ID: @OP+11EmbR9Z

Media Coverage - US BANK MANAGER LAYOFFS

http://www.startribune.com/u-s-bank-begins-staffing-overhaul-at-branches-with-unspecified-number-of-job-cuts/563584152/ U.S. Bancorp told employees Monday it would restructure staffing at its 3,000 U.S. Bank branches, including an unspecified... — read more 

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| 1830 views | | 5 replies (last October 23, 2019)
Post ID: @OP+11EPfxAn

5 years with US Bank and concerned

Is the fraud teams combining and new automation it or is there concern of another end of Q4 early Q1 lay-off? Anybody have news?

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| 2070 views | | 8 replies (last October 22, 2019)
Post ID: @OP+11ewUZYl

Banking Layoffs

I am in Nor Cal and I am not aware of any layoffs at USBank - however some other banks are laying off - #BankingLayoffs are wide spread nowadays. If you do a basic search you'll notice that the following banks had layoffs recently: BNYM ... — read more 

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| 1590 views | | no replies yet
Post ID: @OP+10raEsa5

Rumors or predictions?

OK so I am not sure if people here do not comment or share out of plain fear or if apathy has taken over. I am hearing that a huge project manager wipe-out is going to happen right after Q3, similar to the one last year when they flushed all the... — read more 

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| 3120 views | | 7 replies (last October 22, 2019)
Post ID: @OP+10rp9Vul

Eau Claire (43 Jobs Lost)

https://www.weau.com/content/news/43-workers-to-be-laid-off-from-Eau-Claire-US-Bank-512547512.html

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| 1140 views | | no replies yet
Post ID: @OP+ZZh1K2S

CIO cleanup coming?

Number of rumors out there regarding realignment / cleanup / purge in the entire IT / TOS organization. Wondering if JVG will allow the new CIO to remove the poisoned souls?

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| 1391 views | | 1 reply (October 8, 2019)
Post ID: @OP+ZYUcD4X

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