... according to my boss that no further layoffs were coming. Well, maybe no more in IT but not other depts? Not sure. But that was the last info I got.
How Management Hides the Numbers
It’s the last day of the pay period, and you know what that means! Announcements that people have “found other opportunities outside USAA and today is their last day” when what really happened is they were laid off but USAA is trying to avoid media... — read more
Bank IT missing from go/orgview
Is there anyone that may know why all of Chris Stewart’s org in bank is now missing from go/orgview? Is it simply a coincidence or are changes happening (ie. Moving back to ECIO)?!
More layoffs in June/july
Was in a meeting earlier today and was told compliance partners will have lay offs scheduled June/July. Also heard business risk and control teams will be getting cut but unclear on when. What trying times this is :(
Layoffs will continue
We can all expect the inevitable arrival of further job cuts. It's laughable to believe that layoffs at USAA will ever stop. It's truly pathetic witnessing those who assume they're shielded during the lulls between major rounds. The concept of safety... — read more
Peacock Meltdown!
While in PHX, apparently Wayne had a MAJOR angry meltdown during the Q&A portion of a meeting. Leadership was later instructed not to speak of it and there remains no video. Anyone have the details? Inquiring minds want to know!
Imagine taking a job based on promises
Only to get told everything you were hired for now doesnt exists (rto, promotion opportunities) then having the weasel managers secretly monitor your every activity so they can find a way to get rid of you. USAA really did su---r a lot of workers in... — read more
Knowledge transfer
Management continually insults my team by performing assessments on what we do, how we do it and if the task has value or is needed. The insult is not because of the questioning, but them hiding behind an excuse of “I want to learn”. My apologies... — read more
A years severance?
I would love to believe this is true for anyone who’s laid off. But I’m thinking this would be more for someone who’s tenured with USAA and not certain individuals who’s got hired a year or two ago. If it is, then lay me off asap lol, been here less... — read more
RTO...Just a Distraction
RTO is being used as a multi-purpose we-pon at USAA. Many employees might think that RTO is being implemented because Wayne sees empty parking garages. That is not the case. RTO is being implanted for two reasons: Severance-free attrition ... — read more
Can we talk about the nepotism happening in the Bank?
Is anyone else just loving all the outside executive leaders coming in and hiring all of their buddies while simultaneously letting people who have worked at the company for years go? I’m thinking the influx of hiring of all the Bank of the West... — read more
Is the plan to do smaller layoffs every month?
There’s been layoffs of hundreds of people every month. Is there a rhyme or reason to this? If anything, they should wait to see who leaves via RTO, but they’re just doing layoffs, reorgs, and reducing morale. They’re also getting rid of die-hard... — read more
Possible senior layoffs???
So there was more interest in what seniors do in particular how much time and aspects of our role and how we do it. Do I smell another round of layoffs now targeting seniors? Not sure but sounds pretty evident
Was the outage today an MI?
Im sure the ACC was all over it
Time for Mani and others to go
Mani is the worst leader I have ever seen. It is time for him and other former Wells Fargo leaders to go. Why would we hire these leaders that didn’t accomplish anything at Wells? They keep getting in trouble over there and some was under their... — read more
Severance is very good
It's not surprising that my colleagues don't put in much effort to at least try to keep their jobs - the severance pay is very good! In fact, I think that some of them might be even deliberately slacking off in order to get laid off!?
Class Action filed for eligibility rules
Not sure it will go anywhere but interesting that a federal class action was filed for how we split up our eligibility. Claiming it’s not fair to charge higher rates for lower paid ranks.
Selling the Bank
I would be interested in hearing from everyone about this. Let's say they sell the bank - still not everyone who works in bank risk management (i.e. AML) is automatically fired. For example JP Morgan who just bought a bank fired 1000 but kept 7000... — read more
WARN Notice
USAA filed a WARN notice for the layoffs on May 16th but did not file a notice for any of the layoffs in 2022 or before May 2023—any idea why this most recent layoff required a notice?
2023 layoffs
With the news of the huge bank reorg last week, and the bank DPM’s being let go. With the upcoming June layoffs fast approaching (sad we have to find out on this site before the company says anything), I think most bank areas will be safe from that... — read more
May / June Layoffs
From Fishbowl. 2 more layoffs before the end of June. No other info given.
It's just smoke and mirrors
How anyone is still proud of working here, I don’t know. Some of us waited for years to get an interview and hired only to find that what we thought was THE best employer to work for actually is just smoke and mirrors. I equate this to buying a car... — read more
For people who left, what motivated you to leave?
Joined early in my career, but not a fan of the leadership and RTO. Problem is, I’ve only ever worked at USAA my entire life, and am worried about being technically able to go through external interviews. I hate going into my job and there’s no... — read more
I want to sue
Is there a way to sue the company for what was said during the hiring process and then changed to the opposite within months of being hired? I left a decent remote job to start working here thinking I would remain remote. I know the answer is... — read more
USAA ranks #8 on best reputation just behind Amazon and above Apple
Is this even posible, blows my mind: https://www.axios.com/2023/05/23/corporate-brands-reputation-america?utm_medium=social&utm_source=linkedin&utm_campaign=editorial
A Message from Mr. Weacock
The beatdowns will continue until morale improves. Our beloved CEO hates your whining on this site and others.
There’s nothing ethical about USAA
And USAA recently won an award for one of the most “ethical” companies. What a crock! The way this place operates raises ethical questions at minimum. The company bold face lies about everything they say and do. They are deceptive, not transparent... — read more
Feeling nostalgic
I don't want to stay here anymore because this has become a joke of a company, but at the same time I'm quite nostalgic because it used to be really nice to work here. Do you remember the golden days? I'm trying to figure out how and when it all... — read more
What was Mani meeting about ?
Missed it fill me in with facts please
Indifference to job
There is a life outside of this company. I am fully aware of that, however, until I manage to get a new job, I'm still trying to do my best and keep this job until I get a better offer… On the other hand, I get the impression that there are very... — read more
USAA RTO Participation Trophy
Make sure to pick one up as you walk in the door on September 5th. Don't expect things like free breakfast tacos or a concert from OneReplublic. Those fringe benefits are in the distant past. But you can happily display your beautiful USAA RTO... — read more
Not Russia
I get it. RTO stinks. Management stinks. The coffee stinks. But, you all realize that this is not Russia—you can leave at any time. If you feel that strong, leave. That will speak louder than some website post or quitting a slack channel or wearing... — read more
Leadership is causing chaos and lower productivity
Due to the forced RTO, we’re dealing with chaos and reduced productivity. Between turnover, not backfilling roles, interim directors, we’re being stretched too thin and the quality is really is starting to suffer. The environment leadership has... — read more
Follow The Example Of Wayne
If anyone is angry about the new RTO policy, my advice would be to follow the example set by Wayne. Wayne wants to send his underlings out to preach culture, them let's follow Wayne's example as a leader. Wayne took a 157% pay increase over the ONLY... — read more
Considering switching banks or changing insurance? Post your tips here.
For those planning to move their money out of the bank, here are some general things to do so you don’t run into issues: Checking Account Open your new account outside of USAA (obviously). I am personally going with Fidelity Cash Management... — read more
Bed Bugs in Home Office
Yes I’m sure, I talked to a pest control guy who I asked what pesticide he was spreading around on peoples desks while they were gone. Do we not have a right to know what poison we might be in contact with? We’re being RTO’d in to a bed bug... — read more
Making us re-apply for our jobs?
Has anyone heard about this? Possible strategy of re-categorizing existing jobs as hybrid, requesting people currently in those jobs to re-apply, and thus forcing relocation or exit?
Wayne Lumbergh
"What's happening USAA employees? If you could go ahead and return to the office ASAP that'd be great. Oh and if we don't get enough mmm attrition by Labor Day, well we are going to have to lay off some folks with no severance...mmmkay."
Voluntary severance
Instead of having every employee living in fear of losing their job and wondering if it’s there area on the chopping block next. Why not just ask for X amount of volunteers and give them a full years salary as severance plus an additional 10% as a... — read more
Please tank Pulse, please!
I cannot understate how important it is to tank the pulse survey. If you are worried don’t leave comments just rate low. They do matter and hits all on top with their payout NOT OURS! Month over month they will start to have to address to the... — read more