Topics regarding layoffs at U.S. Bank

Topics regarding layoffs at U.S. Bank

How happy are you here?

Perhaps this question is a bit naive, but I have a feeling that no one is happy here. The work here is a means to an end and there is no fulfillment of any kind. It makes me depressed that when I look back, I realize that somewhere else I could... — read more 

Why does this keep happening?

I know for a fact we're losing customers because they don't want to talk to somebody from another country each time they have an issue. Most of them make it known that's one of the reasons why they're leaving. Yet, the leadership keeps outsourcing... — read more 

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| 1621 views | | 1 reply (March 30, 2021)
Post ID: @OP+1a5RLw9d

Picking some talent

I just hired two great and highly talented individuals right out of US Bank into my practice. Their stories are almost identical. Strong background, solid track, then lured into USB with recruiting tactics, promised an amazing role and environment... — read more 

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| 2730 views | | 6 replies (last March 30, 2021)
Post ID: @OP+1a3SxLFL

We are neglecting the full picture?

Those that are butt hurt because branches are getting closed and people are losing their jobs are just not seeing the full picture. While I don’t wish for anyone to lose their job you have to look overall how not only this pandemic affected us but... — read more 

Outsourcing in digital

huge long term contract with Indian agency. parallel offshore digital teams of dev, pm, design...even accessibility roles. two offshore teams for every onshore. said it was b/c there’s not enough talent in US. or maybe because they don’t pay... — read more 

There are not many better choices?

I’d love to get out of here, but I don’t know exactly where. I don’t know of a bank that wasn’t hit by the pandemic. There aren't any that are doing much better. I’m still happy with pay and I can't complain about the atmosphere, but the amount of... — read more 

Elavon Layoffs Coming?

Anyone out there know of any layoffs coming to Elavon in the next few weeks?

by
| 1400 views | | 1 reply (March 19, 2021)
Post ID: @OP+19Wm43i1

Hard to believe

That there are THIS many id–ts that work for a financial institution. Yeah, compensation is down. Does anyone care to think why? Hmm what happened in 2020 and how did they company perform? Oh that’s right, a global pandemic that was unplanned for... — read more 

Us bank is slowly dying

Big changes in every department, hiring freeze, poor management, very poor executive management.......not sure how they keep getting most ethical company or best place to work. They keep serving the coolaid to the enployees

It's March....are layoffs coming ?

Well it's March, have been many rumors on this board about a March layoff. Anyone willing to share info? If not March will there be layoffs before the normal October purge.

Replacements are almost non-existent?

I am glad for everyone that finds a better option because this company no longer has much to offer to ambitious people. At the same time I am horrified when someone leaves because there is no understanding that a replacement needs to be made. Every... — read more 

Can anyone confirm?

I read in another thread that an employee’s position in 24hr banking was being eliminated and that several others were on that call. I haven’t heard anything since. Can anyone verify this and if any other BUs were affected? I really wish there was... — read more 

They have lost control?

You will be required to come back to the office because they have lost control. A lot of people are taking advantage of not being watched all day but don’t be fooled because they count every keystroke. Does anyone really think they have lost... — read more 

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| 1846 views | | 1 reply (March 11, 2021)
Post ID: @OP+19N9stJO

Not many will want to return to the office

Once companies decide to return to the office, it's going to get real interesting. Can't think of many people that have worked from home for a year that want to go back to a full-time office setting. I know of a few people that have moved and now... — read more 

Are you worried?

For back room operations and non-customer facing positions, what are your thoughts about the return to work scenario? Are you ready to go back? Are you already back? Or do you think your position won’t be there when it’s time to go back? — read more 

Case Processor Wave on the Horizon?

Trying to figure out the actual expectations to not be ousted. is there a real number goal to be safe. How do some people kick out a 100 more cases then others?

by
| 1310 views | | 1 reply (February 26, 2021)
Post ID: @OP+19BYGxpC

Bonus outcome

How are the ongoing bonus meetings ending in your teams? Our team is already a wreck. Most of us have already polished our resumes and are ready to jump ship. No leadership, no course, only a little koolaid for tenured old white bankers

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| 1803 views | | 4 replies (last March 18, 2021)
Post ID: @OP+19ywH6a4

Bonus

Has anyone still not heard anything about their raise/bonus???

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| 2710 views | | 14 replies (last February 24, 2021)
Post ID: @OP+19uYG696

Beware of how you time your 2 weeks

Coworker put in their 2 week notice today, was told they would not receive a bonus because it hadn’t “been calculated yet” despite all bonuses being released in approximately 2 weeks from now on 3/5’s paycheck. They’re scamming people out of bonuses... — read more 

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| 1900 views | | 3 replies (last February 23, 2021)
Post ID: @OP+19uSvsKe

Is there a career here?

A colleague referred me to this site. After having read all these posts I am wondering if I actually am able to build a career here. I am fairly young, a year out of college and while this is not my first job, it is my first professional job. Should... — read more 

Hiring... from outside

New President of WM/Affluent - ANOTHER HIRE FROM OUTSIDE! https://www.businesswire.com/news/home/20210203005079/en/Scott-Ford-joins-U.S.-Bank-as-president-Wealth-Management-Affluent Understand that US Bank will never promote from within for the... — read more 

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| 1880 views | | 2 replies (last August 6, 2021)
Post ID: @OP+19rRaM3f

How much do they value us in other companies?

This is my first job and I have been here for 4 years. I am interested in experiences of someone who can tell me how a former USB employee is treated in other companies? How worthy is it to have the name of this company in your resume? Someone on... — read more 

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| 1900 views | | 4 replies (last February 12, 2021)
Post ID: @OP+19mscGfG

Revolt?

Bonus conversations started and not going well. Numerous resignations already on the table. Take whatever bogus bonus was arbitrarily calculated for you and get out now. There is a bright future ahead of you, and it does not read "US Bank". You... — read more 

IGNORE HR TROLLS trying to put the fire down

Facts: US bank makes a lot of $ but lays off SYSTEMICALLY every year, closes branches, shrinks employee base, keeps highly paid managers who belong "in the club" and brings highly paid contractors to move initiatives that don't work, fosters high... — read more 

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| 1930 views | | 2 replies (last March 16, 2021)
Post ID: @OP+19gUwuUf

Ignore Gaslighters With a Chip on Their Shoulders

We have seen fake news posts such as "something big going to happen in January" or "Goldman Sachs going to buy us" and nothing pans out. The reality is these are trolls here to create anxiety and top into someone's existing dissatisfaction to get a... — read more 

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| 1850 views | | 4 replies (last February 18, 2021)
Post ID: @OP+19g9DTCB

Find yourself a better career

US Bank employee: you have a much better chance to be happy if you stop begging for your bonus being windled at your face. Do you enjoy depending on it to make ends meet? Too much sacrifice for a few $$ and having to pray for it not to be cancelled... — read more 

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| 1780 views | | 6 replies (last February 7, 2021)
Post ID: @OP+19f8KpXh

ATM being serviced by third party

My branch is temporarily closed and i was informed that my office will have a 3rd party service our atms. Anyone else in the same situation? Some offices in my area closed when a vendor was announced to service the atm.

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| 1083 views | | 1 reply (February 4, 2021)
Post ID: @OP+19ffdWtS

Sooo.... about dem bonuses

I feel like we got our meeting invites for bonuses in January last year. Any idea when they’ll be released, specifically WM? Asking for a friend who wants to schedule their 2 week notice right lol

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| 2310 views | | 8 replies (last February 4, 2021)
Post ID: @OP+19db2d4s

Wow! Clip from an article on Mr Cecere’s 2019 increase

S. Bancorp’s USB president and chief executive officer (CEO) Andrew Cecere received 40% hike in his total compensation package for 2019 compared with the prior year. Cecere’s total annual pay increased to $18.8 million in 2019 from $13.4 million in... — read more 

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| 1680 views | | 1 reply (February 2, 2021)
Post ID: @OP+19b4KkJg

TOS

How does Soroka still have a job? He leads TOS Operations Services and seems completely clueless about both technology and Operations. They even joked about it in the Strategic Roundtable. He's surrounded by heavy weights and isn't even embarrassed... — read more 

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| 2100 views | | 5 replies (last March 30, 2021)
Post ID: @OP+1971cA7e

Cecere visiting branches?

R Davis used to stop by branches every once in a while. Cecere has zero interest in mingling with subordinates, unless they make him tons of money. Same with TOS deadweight hollow "leadership". The only time managers talk to subordinates is to... — read more 

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| 1612 views | | 1 reply (January 27, 2021)
Post ID: @OP+195K52IZ

Severance - DO NOT SIGN!

Beware of the US Bank severance offer. They make you agree to allow company officers and employees to defame and malign you after you leave!!! If you do sign it you have 90 days to withdraw your permission!! DO NOT SIGN IT. KEEP A COPY OF IT AND GIVE... — read more 

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| 2840 views | | 4 replies (last January 25, 2021)
Post ID: @OP+191yVdx9

More changes coming

I've heard more changes are coming including additional reorganisations but nobody seems to have any details. It's not that I doubt we're looking at more of the same, it just be nice to know more than "somethings brewing." If anybody knows more... — read more 

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| 2203 views | | 3 replies (last January 25, 2021)
Post ID: @OP+191In3q0

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