https://www.expressnews.com/business/article/usaa-ceo-pay-increases-executives-insurance-20258634.php
RTO enforcing for all employees
Does anyone know if and when they will start to enforce the JAR work at home exception employees to return to office????
arbitration agreements for the layoffs
are copy’s of the arbitration agreement we signed on onesource? where? does anybody have what it says?
New Commander and cheif
The grand illusion of change, like putting a fresh coat of paint on a sinking ship. A new leader, same playbook, different slogans—what an innovative strategy! Promises of revolution, but somehow, déjà vu remains undefeated. Turns out "new era" is... — read more
Can not offer new products?
Im still fairly new to USAA and now work bank back office (non member contact) and I’ve heard and read things regarding “USAA not being able to offer products” to customers now!? We don’t get told those things here as it doesn’t affect us; however, ... — read more
A serious question - can we volunteer for layoffs?
I've been with the company for 7 years. I have hated 5 of them. I've never felt included, I routinely work 12 hour days minimum. I would LOVE to put myself on a list for voluntary layoff. I'd quit but I need that six months of pay to augment... — read more
Admin leave?
I have only worked at the company for a short amount of time. I found that the match wasn't good from the beginning, but still tried my hardest to do what was asked and followed directions. All of this to no avail, because I was told today that I am... — read more
Wayne Failed
He was not up to the task of leading USAA past the consent orders. This is not time to celebrate.
Integrity at the helm
Sometimes you get the punchlines ahead of the joke.
Everything is out of control
The layoffs and hiring freezes are completely out of control. At this rate, we’ll each be doing the job of five people for the same pay until we just drop. What’s the endgame here - running everyone into the ground and then shrugging when there’s... — read more
Celebration? You serious!
Last Tuesday with layoffs being announced in bank, we had a 4:30pm meeting with Russ, this one girl asked at the very end “can we have a welcome back party and celebrate being around one another.” You should’ve seen the look on everyone’s face when... — read more
Confirmed. Its this week
My ED flew in from SAT to our PHX location, which feels ominous. Most Director and Lead meetings are suddenly canceled—never a good sign. Something is definitely brewing, and it doesn’t look promising. Layoffs might be on the horizon.
We’re developing quite the reputation
I’m not sure we’ll attract any talent anytime soon, especially with word getting out about the constant layoffs, toxic environment, nepotism, cr-ppy management, and everything else. And honestly, I’m here for it. I can’t wait to see what happens when... — read more
Ok. Give the deets. Anymore layoffs as expected this week?
Heard march 24th was going to have more? Dis true?
Job safety
Can any areas consider themselves safe? Any positions? If you're among those who do believe that they’re untouchable by layoffs, why? We’ve seen so far that seniority means nothing, knowledge means nothing, experience means nothing. What is it that... — read more
Struggling with layoff news
I am really struggling with this past weeks layoff because a lot of the chosen people make no sense. How was it determined who would be laid off? In my area, many of those impacted were highly skilled top performers. Do any managers in here have any... — read more
No one deserves to be stuck in a mess like this
This season has been a relentless whirlwind with no clear end, and to everyone caught in the storm, I’m truly sorry. If you’ve already been laid off or know it’s coming, I hope what’s next brings more peace, less stress, and a fresh start that’s... — read more
Another round next week
If layoffs continue next Wednesday, what about the teams that were already impacted? Can we consider ourselves safe?
Did MM and Julie get fired today?
Or they have 4 more years of consent orders execution cover to get fired?
Bank Employees: Buckle up!
For all bank employees, buckle up because it’s going to get a lot worse before it even starts to get better. Safe bet is, most current bank employees won’t be around to see that. We’ll either be laid off, just flat out let go, or the bank will be... — read more
For all those who dog this site …
This site once again predicted when the rounds of layoffs would occur. I trust this site more than anyone in the C-Suite.
Reorganization in Bank Data Analytics & Modeling
A lot of changes in BDA&M. How many were let go? What other bank groups were impacted?
Is it just me or is the job market getting worse?
This is the worst possible time for layoffs.
Layoffs on 3/24? Did anyone confirm?
Did anyone confirm whether or not there would be layoffs next week? If so what areas?
Apply job internally
Does anybody know if I need to check with my supervisor first before applying other internal job inside the organization or it’s not mandatory. Plz help.
RTO 5 Days
I was part of a small group that got to tour the home office with the incoming CEO last week. He mentioned watching the 100 year celebration and seeing majority of employees back on campus for the first time since March 2020, and how he can’t wait to... — read more
New hires
Is it just me or are most of the new hires...lacking in every aspect? No drive, no experience, no idea what they're doing... Is this the only type of employee we're able to attract these days?
How is your portfolio going
Recent days have been unnerving as I watch mine drop by 8%. It's a lot of money down the drain. It will recover eventually, when, we don't know, lots of uncertainties and fear in the market.
Who is hiring people over 50?
I've b een hearing horror stories about how hard it is to get a job after you turn 50 and I won't lie, it's been keeping me up at night. With another round of layoffs approaching, I'm getting more and more nervous. Has this been overblown? Are there... — read more
Layoffs at the end of March
Most people are claiming that layoffs will happen on March 24th. Is this confirmed? I really need this job right now, as I imagine many of you do as well. If anyone has any information, please share.
Layoffs are far from our only problem
Some of the so-called leaders here are a nightmare. They do not even bother pretending to be decent. Yelling. Insults. Power trips. That is their whole management style... You can almost smell the fear in the air. It's honestly embarrassing... — read more
Interim CRO gone
And another bites the dust
Job postings
All this negative publicity. And here I was, trying to land an HR job here.
Why no vets?
I know he’s stepping down, but in the 5 years that he has been in seat, how is it possible that the CEO didn’t hire or promote a single veteran to be an EVP on his leadership team? He made at least 12 EVP hires during his tenure, but not a single... — read more
March 24th?
Someone posted in an older thread today that they are hearing March 24th for layoffs. No further info posted. Can anyone confirm?
Ameesh Cleaning House
Hearing that Ameesh is planning to ax strategy heads. Says leaders are “not aligned”. So get ready for more outside consultants!
Layoffs in 2025 and 2026
The only reason I can think of to jettison WP and replace him with a Board member is cost-cutting. I believe WP was hired as a turn-around agent. By and large he didn't succeed. So they're sending one of their own to do it. It will of necessity... — read more
Here from Fidelity; new Chief Privacy Officer came to USAA
Run until you think you can't run any further. Then muster up some energy and run some more.