If you read the content of our leader's post yesterday about morale there are no specific actions given, just that "leaders are looking into it and will share what they're doing soon. " What this means is she will tell her leaders in the next leader... — read more
Remote staff are clearly expendable
Do you know why Wayne's all-hands meeting comment to remote staff about "having the courage to post for hybrid roles and proving you're the right person for the job" was a load of cr-p? Wanna know why that segment of discussion was removed from the... — read more
RTO & Performance Bonus
I've heard LOBs are being given the autonomy to decide on bonus impacts to individuals that do not "meet" the RTO guidelines. Are others hearing this as well? I do not understand how an organization with its second largest "campus" being remote can... — read more
If $1.3B in losses resulted in 157% CEO pay increase…
Any idea how much the Board of Directors award him if he cut the $1.3B in losses (in ‘22) to half or break even? Asking for a friend who’s also a member.
RTO
A true “hybrid” is 2 days in office, not 3 and definitely not 4. So with the required 3 days starting up on Sept 1 and then moving to 4 in Jan 2024, this is what will probably happen. USAA wants the buildings occupied, no secret on that. Wayne knows... — read more
ECIO - REORG on the way
Did you catch it- a reorg on the way but Amala is not ready to share. Anyone have any guesses and/or insight into this. Ready, set, go....
Lay offs this week
2nd Enterprise Risk ECIO SDB Real Estate Mainly Risk & BRCA roles.
Enterprise 2nd Line Risk Layoffs this week
I have mixed emotions. For the individuals themselves: my heart goes out to them. But all of 2nd line needs to be wiped out and start from scratch. The few good ones are in a impossible situation.
Time to Unionize
The only way to stop the abuse is to Unionize. From the National Labor Relations Board’s website: The National Labor Relations Act forbids employers from interfering with, restraining, or coercing employees in the exercise of rights relating to... — read more
ECIO employee satisfaction is at 33%
And their target is 44%. Both these numbers are concerning.
Small round of layoffs this month
Word going around home office is there will be a small round of layoffs this month. But no, no area is safe, the bank has been getting hit consistently with the layoffs. What is this referring to? I haven't heard anything yet and usually we hear if... — read more
Layoff in ECIO and then this
IBM has been contacting folks (recruiting for USAA) and targeting Data Scientist roles for contractor work. (paying hourly) So this is what they do? Layoff FTE and then circle back and hire through a Third party recruiter because they laid off the... — read more
Which roles are being laid off?
I’m seeing software engineers, DSAs, data scientists, business control, compliance advisors, aml being let go. And full teams in those areas are being disintegrated and then reorged. Is there any job safe at USAA?
Rumor of layoffs this week
Any truth to the layoff rumor this week (Aug 14-18)? What areas are being impacted?
Exit interview
I'm done. I'm going to GTFOH as soon as I can. I took notes on interactions with my boss and it's under the radar abuse. I'm the only person getting treated this way and it rarely happens in front of others. I KNOW this person will harm my... — read more
Jason witty seems pretty smart…
I really do think he has the right mindset and has the FI background needed but I am starting to wonder does he see the talent being hired under and around him coming from Amala’s Region’s wheelhouse as really up to par folks ? One let down after... — read more
I dont know about aml layoffs…
Been hearing from some teams that they are gonnakeep crosstraining in detections and investigations, and the ultimate goal is a single analyst work flow. I dont see how there possibly be layoffs. The numbers needed to maintain slo is what we have... — read more
Upcoming RTO - low morale but hey, we got tacos!
Looks like they starting to roll out the food parties for our forced "welcome back" to the office. Yeah, never mind our two hour commutes, child care issues or other emergencies - here's a taco, now shut your ungrateful piehole. Going forward, this... — read more
Is the koolaid really that strong or are most employees just too fearful of backlash?
USAA is the only company I've worked for where employees do not seem to feel comfortable enough to stick with any thoughts they have that could in some way be deemed as "negative." Every aspect of the job is painted out to be amazing, and if someone... — read more
Growth opportunities
I'm curious what others have to say about how much growth opportunity they had here. Sometimes I feel like it's my fault, like maybe I should have tried harder, and yet I'm aware that I simply didn't have enough opportunities to grow here.
VP Business Cont Prateek AGrawal
Immediately gone and no reason? Who will assume his role
Is USAA really as bad we're making it out to be?
I've been giving this a lot of thought lately and was faced with an important question: Is USAA really as bad we're making it out to be? Yes, it is. The answer is yes, it really is that bad.
Skills Self-Evauluation
Is everyone receiving these? Is this part of the "weeding" process?
Last minute AML Meeting today
10 min meeting scheduled out of the blue today….sounds like more layoffs hit this morning. May the odds be ever in your favor
Benefits
Are our benefits safe or can we expect changes there as well?
When you are given notice
When you are given notice you are not required to work your current job. You may spend a couple days handing off your tasks. That 60 days you are to use to job search whether internal or external. You will also attend some information sessions to... — read more
No confidence in Wayne
I’m no fan of Wayne and hearing how he ran P&C, I was shocked when he was announced as the CEO in waiting back in Dec 2019. But, the issues with the OCC, that was years in the making and hit before he took the helm in Feb 2020. Unfortunately for him... — read more
Layoffs August 16-18
I have this on my personal google calendar, but with no recollection as to how it was added (as I'm now in the stage of my USAA career known as "Using White Claw As A Mixer"). I am going to guess it's from a layoff posting? Anyway. That's in two... — read more
Wayne’s Songs
He came in like a wrecking ball..,
USAA has become the Great Value Navy Federal CU
That's it. A once-great company sunk by greedy executives and id--ts.
Volunteers Needed & USAA Culture
Late Friday afternoon, the Director that I report to scheduled an unexpected meeting for myself and my peers, we are all individual contributors. Approximately half of my peers were either away for lunch or out for the day on PTO. The Director... — read more
Most of us posting here will be gone by September October
They are doing a purge. What will the environment be like after, both at USAA and here on the site. Sometimes that person who is a bit of a salty crab apple can be a high performer. They know they have skills and that's where they derive some... — read more
RTO is all about the huge campus
Ok I get RTO su-ks BUT has anyone considered that before COVID. Most of the staff was in that huge campus building off Fredericksburg rd. I think it boils down to those insane expenses it takes to run that campus. If it’s not occupied they are... — read more
25 US Army officers and only took 1 civilian…
to sink this once great ship! It’s time to re-evaluate and get back to basics to preserve 100 years of tradition before USAA becomes just another (extinct) Blockbuster company. If you think Fortune 500 list is not sufficient yardstick, just look... — read more
Wayne is the Wish version of a CEO
Must be tough working in a building full of people that dislike you and look forward to the day you become the one laid off! We went from that d-mb terd Stuart “come on people, show some appreciation for your lower bonus” now to this big eared... — read more
Click on any or the "Related Companies"
I was feeling a little down reading all of these posts but then I realized it's probably like 20 people complaining out of thousands of employees and all of the related companies listed on this site have just as many unhappy people. All of... — read more
USAA is still listing jobs as "Hybrid"
They are listing Jobs located in San Antonio as Hybrid although the job will required 4 days in office starting in January. Not suprising a deceptive company like this is STILL lying to potential employees.
Buckle in, remote friends.
Expect your calls to be picked apart word by word. It does not matter if you’re meeting your metrics. It does not matter if you’re new or seasoned. If you’re remote, you’re in their line of sight. And not in a good way. Goals revolving purely... — read more
Restructuring Coming
A source higher up in the budgeting office has advised me that more IT and AML/KYC to be impacted by end of September. Preliminary fiscal reports showing USAA is down pretty big this year so they are cutting where they can. They are doing this so... — read more