Topics regarding layoffs at USAA

Topics regarding layoffs at USAA

PIP Question

Is a PIP a formal written piece of documentation separate from let's say mid-year feedback? Of if the mid-year feedback is "Off-track" then that is your PIP?

More layoffs coming

I am hearing more layoffs coming in ECIO after recent architects layoffs in Sep/Oct. Budget cuts ...employees cuts.. but no cuts to Millions $ salaries and bonuses.

Unwarranted PIPs and Final Notices

I’ve been at USAA for 11 years. I just got a glowing mid year review. 3 days later my boss is talking about how he’s unimpressed with my performance and so is leadership. Thinks the only way to resolve these serious issues are a PIP. Talked to a... — read more 

Cathy Cox is now a REMOTE EMG?

How is Cathy Cox allowed to run MGO in San Antonio AND run everything in Charlotte wearing fuzzy slippers from her home? She is a VP for crying out loud! I was denied remote but you let her do it? Laughable! I am sending a note to Tammy and Juan... — read more 

Bank has found a Mo--n

So Bank continues to now be filled with low quality of behaviors in leadership, now that they have found its Mo--n in form of President (Michael Moran). A low quality leader and low intellect

Potential layoffs in banks (speculation)

https://www.reuters.com/legal/litigation/pnc-convinces-us-appeals-court-overturn-218-mln-usaa-patent-verdict-2025-06-12/ With this loss, if other banks that previously lost against USAA in Texas court system decide to appeal… it’s going to creat... — read more 

CTXO Layoffs

Hearing layoffs are being announced today. Anyone intel on the scope? I’ve heard Architecture is heavily impacted.

Board Meeting is Coming Up - Vote “No!”

USAAA EmployeesAND Members Unite! Share the word! Vote “No” in your proxy cards! I did it 5 days ago. I have recruited my mom, dad and brothers to do the same. This can not affect our employment, PERIOD! Send Juan and the Board a message. “Vote... — read more 

FSB Layoff War Room?

Today around lunch I was looking for a conference room in the FSB. I walked into the wrong room, it was empty at the time. While I was calling someone to give me better directions, I noticed a lot of writing on the whiteboards. There’s clearly... — read more 

3 years - it’s weird

I just heard about this site from a co-worker. I’ve been at the bank for 3 years, coming from so-fi. Reading this site I feel so validated. I keep saying to my co-workers and boss. Things are weird here at USAA. The way we do business, the way we... — read more 

Is this your boss ?

Does anyone else’s boss phone it in? Avoid getting on calls or meetings but has a lot to say via AI replies? Wastes time being a “mover and shaker” vs working with their own darn team? They take the information we email them and reply with... — read more 

IT budget cut 30%

With IT budget cut for 30%, are they looking for a layoff in ECIO. ATL dc is up now, classic almost done, how many units can be impacted?

Layoffs coming likely year end

Likely to be Bank wide. Famous layoff consultancy Boston Consulting Group has been brought in to identify targets. Working Bank wide and all areas being looked at. Will be a Major layoff is the rumors. You dont spend millions on consultants and not... — read more 

Lots of HR jobs posted?

Does anyone know why there are so many HR jobs posted lately? It seems whenever you go to the jobs site is flooded with them. Is there some kind of regional re org?

The writing is on the wall

If you’re not at least looking around right now, you’re choosing not to see what’s coming. Cuts are happening everywhere, and it’s only getting worse. When the next wave hits, you don’t want to be one of hundreds or even thousands suddenly scrambling... — read more 

Falling off my feet

And the work just keeps piling up. I’m slammed with endless claims and deadlines every single day, working late just to keep up. No one even notices or thanks me. Instead, it’s just more pressure and higher expectations. I’m burnt out and feel like... — read more 

ISCO again?

Are we seriously trying to do investments again? We just sold off the business a few years ago. No long term strategic vision here. The board is full of absentee landlords.

High turnover is a sign of a bully company

People don’t quit for fun. They quit because this place bleeds you dry. We lose good people all the time, and leadership couldn’t care less. They just pile more work on the rest of us and act shocked when we burn out too. Rinse. Repeat. Replace. — read more 

There is fat to cut here

Some of the senior people are doing the bare minimum but pulling big salaries. If they started trimming from higher above, I wouldn't complain.

Lips are moving

If executives lips are moving one thing is certain- they lying.

Layoffs and Firings in Bank and Fraud

Layoff of AVPs happened, then Directors to hire so many in Fraud. Fraud finished hiring, already there have been secret firings of directors and ICs. Maybe severance for directors but not ICs

What is Up with Fraud Leadership? Extremely rude

Have had the displeasure of working with the Fraud department and there’s a level of ego I’ve never seen. You can tell them they’re wrong, they’ll do paperwork to show that they’re right over every tiny thing. Overpromising, underdelivering... — read more 

Management toxicity

The gaslighting here is next level. Last quarter my director praised my initiative, then used that same initiative as justification when I didn't meet some arbitrary metric. HR's response was to tell me to work on my time management. Meanwhile, the... — read more 

Company Policy: onsite clinics

Be aware that if you or your family members are seeing USAA onsite clinical staff for your medical needs, you are NOT allowed to communicate with the medical staff once your employment is terminated. You are allowed to have your medical records... — read more 

Moving From Cigna to COBRA Coverage

Just got laid off and was wondering if anyone has any experience when moving from Cigna to COBRA coverage. I was hoping to transition by early Fall and I don't know if COBRA covers bottom surgery.

Next Layoff Notification?

Does anyone have any insight as to when the next set of notices will be given out? Someone mentioned August in another thread but I wasn’t sure if anyone had confirmation. Speaking specifically for Bank, the Bank seems to be performing well so... — read more 

USAA does not care about you. At all.

The company has been attacking it's employees since 2019. The famous line from HR was "we've over invested in our employees," without actually capturing the raw problem of a broken board of directors that Wayne leveraged to buy a few... — read more 

Executive Exception Process is …

Leadership claiming that remote workers are still part of the team is questionable. More and more commentary about an “ executive exception process” that no one will touch or take up the chain to get a posting for remote consideration is out there... — read more 

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