Talk to you managers, see how your branch is doing and if you may get closed. Get ready

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

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 

What's typical severance payment for this go around? Same like 2018 (my layoff year)?

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 

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 

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 

Good bye to almost 150 good solidly jobs - yep, we are yet another victim of #outsourcing

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 

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 

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 

USBANK OCTOBER 21 2019 POSSIBLE LAYOFF'S ? Anyone have any info

Anyone knows?

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?

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 

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 

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

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?

http://www.startribune.com/u-s-supreme-court-to-hear-challenge-over-u-s-bank-pension-funding/512058752/

Are you surprised that the CIO replacing Chris Higgins (and now the interim one) was brought from BBVA in Texas? The amount of politics and backstabbing practices is so well implanted in USB, that this was inevitable! Nobody trusts anyone. The... — read more 

Algonquin (Jun-06); Alsip (Jun-25); Berkeley (May-23); Cary (Jun-13); Chicago (Jewel-Osco) (May-16); Chicago (Jun-27); Chicago (May-15); Cicero (Jun-20); Downers Grove (May-29); Evanston (May-30); Evergreen Park (May-22); Flossmoor (Mar-22); Lyons... — read more 

Is there a count of the number of layoffs that have occurred since the corporate tax cuts of 2018 came in? US Bank didn't care and gave a $1,000 "bonus" to most people and then stabbed then with layoffs. If Biden gets elected, hope they take those... — read more 

Nobody can confirm or deny the existence of a "mandatory" conference call today. Any insight?

RPA is coming to Fargo by the summer for a lot of fraud roles. Goodbye to needing humans it seems as the last meeting on Thursday presents new innovations to use robotics. How can US Bank just cut people like they are nothing. They hire more roles... — read more 

Anyone know what the mandatory conference call on may 21 is all about?

With incompetent management, outdated (mildly put) technology, and lousy training for new employees, among other things, I keep wondering how U.S. Bank even keeps functioning. Not to mention that pay here is really low, well under industry standards... — read more 

Scoop came out - https://www.americanbanker.com/news/us-bank-hires-its-first-chief-digital-officer The so-called digital transformation is way to put lipstick on the pig on the bank's mainframe and evaluate people needs to put pressure on capacity.

Hello, Does anyone knows, what are the options do we have for Health Benefits after SUB Plans in following conditions, which are cheaper. 1>If we find the Job, Salary will stop coming from BNY, do we have any option for continuation Health Benefits ?... — read more 

Corporate coming up with dramatic reductions beginning September as the Robotics Process Automation initiative begins picking up jobs in multiple back-office departments. Unsure if IT, customer service or underwriting (or all). Minneapolis, Wisconsin... — read more 

We were just told that our RCA roles are now at risk for automation as third party vendors are more efficient. They said by Summer to early Fall a lot of the fraud roles could change dramatically. Our manager said I’m being up front as I don’t want... — read more 

In case somebody missed it... I wonder if we'll stop seeing articles like this any time soon. U.S. Bank issues layoffs to undisclosed number of employees... — read more 

Quite a few branches were announced to close this past week in the Chicago district, which includes surround suburbs. Overall about 15 branches, or just over 10% of the market, are scheduled to close within the next month. All employees of those... — read more 

15 layoffs in Portland Metro Market. All tenure employees.

Other poster called it, even more layoffs have been announced by the bank. This time it's "only" 40 in Wisconsin, but something tells me more of these announcements will be forthcoming... — read more 

After shutting down 2 of our processing centers and rerouting workflow from the west coast back to Minnesota in November, Home Mortgage Closing in the west has lost 2/3 of their overall volume. Leadership leaving annual reviews to the last possible... — read more 

Under Richard Davis, the Bank was humane. It genuinely cared about its people. Now after a year and a half Cecere is feeling confident enough to flex, and to him, people are just expenses. If he's doing this when times are good, how will he treat... — read more 

Not sure for how long the presence has been there. It is a combination of arrogance and incompetence. People feel sick when the presence is there. People sigh and roll their eyes when the presence begins speaking. Shannon Levang, you need to leave... — read more 

I hear it is not over and that January 2019 will bring more layoffs across the board. Someone with insight?