Topics regarding layoffs at USAA

Topics regarding layoffs at USAA

Which orgs at USAA do significant work?

I’ve only ever worked in Bank. But, I’ve never done any significant, meaningful work at USAA, project wise. It’s all something a single dev team could wrap up in a week, if even that, at a normal company. But, the pomp and circumstance of PIP and... — read more 

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| 1510 views | | 8 replies (last February 7, 2024)
Post ID: @OP+1qWdpug7

Layoffs are coming

The employee meeting all but guaranteed we there will be layoffs this year. Like another comment in here, Wayne & co are going to see how many leave after the bonus payout, then April/May time frame is when layoffs will be announced, then again... — read more 

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| 1830 views | | 7 replies (last February 8, 2024)
Post ID: @OP+1qWyg1qS

Not good...

USAA Bank has been taking larger fraud losses than much larger banks, including Bank of America, for a few years now. Antiquated systems plus overly open policies have created a terrible challenge the bank is trying to work through and likely is... — read more 

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| 1050 views | | 1 reply (February 5, 2024)
Post ID: @OP+1qVUKKlj

Whoa…

https://news4sanantonio.com/amp/news/local/air-force-veterans-stolen-savings-result-in-long-dispute-with-usaa-fraud-banking-military-money-san-antonio

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| 1180 views | | 3 replies (last February 7, 2024)
Post ID: @OP+1qUwFEil

Layoff news?

I typically check this site for, ya know, layoff talk. I haven’t seen that topic in a hot minute. Think we might see some chatter any time soon?

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| 1690 views | | 5 replies (last February 4, 2024)
Post ID: @OP+1qTuul72

Another Exec Added to ERC??

Our team is constantly told that we are "lead heavy" with risk analyst leads, that there is no budget, and has us worried about our job security... Yet, ERC manages to add yet another executive role?? SMH....

New CHRO Is An Embarrassment

Instead of addressing the questions regarding PTO directly and professionally, he talked about a fictional scenario that my apply to 2% of USAA employees max. Stop dreaming if you thing Bob "HR Bro" Whittle is the answer to USAA's massive problems.

RTO letters??

Think it could happen here?? https://www.entrepreneur.com/business-news/bank-of-america-threatens-employees-who-dont-return-to/468879

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| 1480 views | | 6 replies (last January 31, 2024)
Post ID: @OP+1qPfC8mA

39% employee satisfaction! but …

Employee satisfaction 39%, yet what does Wayne do? He triple downs on his RTO stance with “it’s not changing, get use to it, or don’t.” What a way to really bring employee sentiment up!

Talk to your manager

So the January employee meeting is 48hours away. Time for questions! CIGNA is a nightmare, Dr’s are not accepting it and it’s difficult to find new Dr’s who accept it. Does USAA have any plans to ease employee worries? Wayne: “Talk to your... — read more 

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| 2460 views | | 6 replies (last January 25, 2024)
Post ID: @OP+1qILunmu

Cigna trainwreck posts are starting to explode in Slack

There have been several threads popping up in slack this week on how bad the switch from Aetna to Cigna really is along with swipes at Tamla, who left us with this steaming pile of healthcare. Thanks for that "enhanced" benefit Tamla, hope the... — read more 

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| 2420 views | | 11 replies (last January 30, 2024)
Post ID: @OP+1qEuWAYz

Any more news on this?

There will be another round of massive layoffs sometime in Q1, if it’s like last year, it’ll be in March.

Bonuses

I sincerely hope that our bonuses are higher than expected and our merit pay increases are substantial. We effin deserve it.

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| 2180 views | | 9 replies (last January 19, 2024)
Post ID: @OP+1qxxhfP1

More organizational changes are necessary

Some changes started this week in our area. Perhaps the area will streamline duplicated and irrelevant processes because everything seems to be over engineered and are constantly changing at this company. The low employee retention should be a strong... — read more 

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| 1241 views | | 1 reply (January 13, 2024)
Post ID: @OP+1qxv0QHC

Another Termination - gone effective today

Beth Reisinger was here a short time and was a key contributor under Jeff Wallace. It looked like he specifically brought her in to help at the CFO level any idea why she was let go the email that went out said it is effective as of today?

USAA product of the year!!!

How to track employee 4 days in the office! Yes, thats about the best innovation they could come up with. Offering innovative competitive products, we’ll leave that to our competitors!

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| 1320 views | | 2 replies (last January 12, 2024)
Post ID: @OP+1qv1NJ9a

Ugh, another lawsuit...

https://www.msn.com/en-us/news/us/lawsuit-accusing-usaa-of-favoring-military-officers-over-enlistees-certified-as-class-action-case/ar-AA1myIax

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| 1830 views | | 6 replies (last January 11, 2024)
Post ID: @OP+1qrlhbuB

RTO/Layoff notice coming for remote?

Rumor going around, is that come March/April time frame, they’ll be giving notices to a percentage of remote employees to either move closer to an office location, or get a 60 days layoff notice. That is the talk around the Tampa offices this week as... — read more 

Lifelock benefit

Who came up with this benefit and why? IMO, that's the employee's obligation and should not be on the company's dime? I got the free-tier packet I signed up for, but afraid to activate it, thinking that it's another way for the company to track me. — read more 

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| 1251 views | | 4 replies (last January 13, 2024)
Post ID: @OP+1qq3dDqF

Tuition Reimbursement is a NIGHTMARE

Why would USAA change the Tuition Reimbursement program and not have a cushion for employees to transition. How is this a benefit when we have to pay our own tuition. We’ve not been able to get a straight answer and every question is an automated... — read more 

Layoff Procedures

Does anyone know how USAA goes about identifying who to layoff? Is it LIFO? Performance based? Something else? I'd like to get an understanding of how at risk I'll be in 2024.

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| 2680 views | | 9 replies (last January 9, 2024)
Post ID: @OP+1qkJnYtK

Article says 2024 sees loads of layoffs

https://www.msn.com/en-us/money/careersandeducation/massive-layoffs-are-coming-in-2024/ar-AA1m7lZO So do we think USAA will be laying off en masse or just here and there? That it's gonna happen is for sure, but is USAA one of the biggies or just a... — read more 

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| 5200 views | | 9 replies (last April 9, 2024)
Post ID: @OP+1qkgzdjP

Continue to Report Unprofessional Behaviors

Hopefully, the complaints reported on the unprofessional behaviors in the workplace will be taken seriously in 2024. Inappropriate behaviors (i.e. retaliation, profanity, threats, etc.), including those made by EMGs and Directors, should not be... — read more 

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| 1780 views | | 4 replies (last January 11, 2024)
Post ID: @OP+1qiiACG3

Tamla has left the building...

Her email has already been scrubbed clean, clicking on the properties displays the default only, no other info shows. Her profile is still there, but the pic is gone, so the scrubbing and sanitizing is still a work in progress. Slack profile isn't... — read more 

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| 1764 views | | no replies yet
Post ID: @OP+1qiU7y8R

RTO

RTO needs to stay 2-3 in office or at home depending if you are within 30 miles should get more days at home. I know it’s wishful thinking but spending hours of my life to sit in office with no one near me. The other depts don’t even talk to me or... — read more 

Nobody seems to be hiring

There are plenty of job postings all around, but I keep seeing the same ones again and again, just with different dates attached. It's like the companies are posting job openings without having any intention of filling them. Am I only imagining... — read more 

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| 1750 views | | 6 replies (last December 21, 2023)
Post ID: @OP+1qaJ01Pm

"We hear you..."

Boy we've really heard that empty phrase a lot from exec management lately. Of course it's totally bogus, they might hear us alright but they have their gold earplugs shoved in deep. They really don't care at all and it's obvious now. This is the... — read more 

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| 1590 views | | 4 replies (last December 20, 2023)
Post ID: @OP+1q922BR6

Nothing will improve

I see people hoping things would improve with time and while I appreciate their optimism, I think they're being delusional. We are past the point of improvement. Things can only get worse. We'll continue to see targets increase and overall... — read more 

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| 1530 views | | 3 replies (last December 20, 2023)
Post ID: @OP+1q91aiSX

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