Topics regarding layoffs at USAA

Topics regarding layoffs at USAA

Burnout is a serious issue

And it’s not just about the workload. Everyone’s worn out from all the drama happening at USAA, including the never-ending layoffs. And does management even care? Not at all! They're overjoyed when they see any of us give up and leave without them... — read more 

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| 870 views | | 3 replies (last November 7, 2024)
Post ID: @OP+1vfQhyjP

Layoffs definitely hinted at

It would seem that rumors about layoffs haven’t been unfounded. If anyone finds out more, please share.

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| 1310 views | | 5 replies (last November 3, 2024)
Post ID: @OP+1vebltop

If you're leaving USAA, make sure to use your PTO

First time posting here. I left USAA about a month ago. I provided more than 2 weeks notice because I needed to wrap up some projects before my last day. How does USAA repay me? By not paying me my leftover PTO. They referred me to their PTO... — read more 

Question re: severance package

I have not been laid off yet, but with the amount of org changes and upper mgmt leaving in my area, I can see the writing on the wall. Can someone who has recently been impacted by a layoff let me know what the bank severance package looks like? Is... — read more 

Probably not true ... But we can hope.

Rumor has it that Wayne and some cronies are about to be investigated by a grand jury for fraud of some kind. But probably just wishful thinking.

Financial Crimes Org

Any thoughts on the financial crimes/fraud org and how it's being built? Isn't there new leadership?

A total mess

I joined a year ago and I can tell you that this place was a mess from day one. It was clear from the start that the management was unprofessional and clueless, with bad decision-making and no sense of responsibility. They don't seem to care about... — read more 

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| 1390 views | | 4 replies (last November 12, 2024)
Post ID: @OP+1uIzNAOL

Why are you so obsessed with layoff?

The banking job market is still strong. I started looking for external opportunities three months ago and already got four offers. Going to decline one and still evaluating the other three.

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| 1120 views | | 8 replies (last September 30, 2024)
Post ID: @OP+1uHryBZR

Bank HQ Moved To Phoenix Per News?

https://news4sanantonio.com/news/local/usaa-federal-savings-bank-shifts-headquarters-to-phoenix-keeps-san-antonio-operations-texas-phoenix-transferring-primary-location#

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| 1720 views | | 9 replies (last October 2, 2024)
Post ID: @OP+1uHVzH9N

This proved my point

I kept telling people around me that nobody was safe and few listened. Some of you really think you're indispensable for some reason even when the company has proven again and again that the only thing that matters is money. If you make too much, no... — read more 

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| 1000 views | | 5 replies (last September 26, 2024)
Post ID: @OP+1uH1t9gp

Lame Duck Wayne

Lame Duck CEO Wayne strikes again! He is trying his best to weasel in a bunch of self serving trash before he is thrown out the door. He is trying his hardest to ruin USAA for the next CEO. I also heard from a recruiter friend that he is secretly... — read more 

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| 1400 views | | 6 replies (last September 30, 2024)
Post ID: @OP+1uHRadZN

Is this true?

It is not over. There are a few outliers for this round, but look for the re-org announcement as early as next week. This will lead to round 2. Does anybody know more about this? Most of all, is it true or not?

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| 1440 views | | 4 replies (last September 26, 2024)
Post ID: @OP+1uGon3J3

AML

AML Compliance was hit with layoffs

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| 800 views | | 1 reply (September 25, 2024)
Post ID: @OP+1uGKTf5A

More than 8,300 new hires so far this year

Can somebody please explain the logic of this to me? Why keep hiring at such high levels just to turn around and lay off people a few months later? What's the point? Why not institute a hiring freeze? Let attrition do its thing. This just makes... — read more 

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| 2200 views | | 13 replies (last September 26, 2024)
Post ID: @OP+1uGtyQGH

Good people were let go (again)

My team is now bare bones. I have barely anyone left who is capable and reliable. What’s the selection logic, ffs? Do they ever look into anything beyond the cost? Do they care at least a little bit if we will even be operational? I know coming up... — read more 

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| 1360 views | | 2 replies (last September 25, 2024)
Post ID: @OP+1uGMtuRT

Not transparent layoffs

During the huddle this morning, our bank president was showered in praise for being so transparent? Transparency in what? From my view we have yet again laid off all the wrong employees. All of the all-star EMG fled the scene this spring. There... — read more 

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| 2340 views | | 15 replies (last September 25, 2024)
Post ID: @OP+1uGphj2a

EEOC

Does anyone lurking on here have any experience dealing with this damn place and the EEOC? I am in the beginning phase of gathering all my paperwork together for a large complaint against this company and I’m curious if anybody has a little... — read more 

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| 1900 views | | 12 replies (last September 28, 2024)
Post ID: @OP+1uDnCoWE

End of Sept layoffs rumor

Do we know for sure that layoffs will be in the last week of Sept? If so, which depts do you think will be hit the most?

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| 2650 views | | 7 replies (last September 24, 2024)
Post ID: @OP+1uCg32oQ

Sept 24 Layoff-Bank

Keep hearing this date for bank. It’s getting closer. Anyone in the know?

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| 5530 views | | 24 replies (last September 26, 2024)
Post ID: @OP+1uy5jGth

PTO

If I quit, do I get payout for the unused paid time off?

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| 680 views | | 4 replies (last September 17, 2024)
Post ID: @OP+1uxOWtet

Hows fraud investigations

People have been interested in going there, are they out of backlog? Is it a mess?? Hows the pay??

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| 1000 views | | 6 replies (last September 24, 2024)
Post ID: @OP+1utagdwu

Performance written up in Hr

Does anyone know what happens when ur boss writes u up with hr due to progress issues. The write up shows up in one source. Does this mean automatically termination or is employee given a period of time to redeem themselves. Anyone knows the... — read more 

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| 930 views | | 3 replies (last September 13, 2024)
Post ID: @OP+1us69ZwN

VP - IT Security Audit Termination

What’s going on with security audit? CAE announced that the tech audit leader -VP has been terminated with immediate effect.

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| 1810 views | | 4 replies (last September 10, 2024)
Post ID: @OP+1umMgxuh

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