Topics regarding layoffs at USAA

Topics regarding layoffs at USAA

Crying Bank Teller

Does anyone remember the first RTO meeting in early 2022 when there was a bank teller crying about having to WFH and was so happy to RTO? I heard Wayne promoted her to be an EVP right after that performance.

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| 1420 views | | 3 replies (last May 17, 2023)
Post ID: @OP+1mEsEC1c

How are you being notified?

No word about layoffs in my group as of yet. How are notifications arriving? Is it an email, 1 on 1, or something else?

Wayne’s response

We all worked in office pre-covid! Yeah, and pre-covid we didn’t have record high inflation and gas prices weren’t this high either. So, instead of being a leader in the industry, he is being a follower by saying other companies are RTO. The mission... — read more 

5/16 Layoffs

Thinking about everyone today at USAA. Mark yourself “safe” or “impacted” from today’s events and your areas. I haven’t heard anything myself yet and I’m in the Bank. No news is good news.

How did we get here

Here's a repost from EJS-like site: This might be a good time for a history lesson. I’ve been at usaa for more than 10 years in P&C Claims. I can’t remember exactly what position Wayne had when I started but it was Executive Director level or higher... — read more 

Tank the pulse surveys

It will not impact our bonus per Wayne today but it will impact leaderships Do it u chickens

Managing by fear

I can't wait to get out of here. Management seems to be reduced to exploiting employees' fear of losing their jobs. Do they know how to manage in some other way? It's disgusting.

Fired or laid off

Can people who decide to completely ignore RTO be fired or will they be laid off? There's a huge difference between being dismissed without anything and being laid off with severance. If it's the latter, I'd be more than willing to take that risk... — read more 

Tamla - The Empty Suit CHRO

It appears that Tamla likes to have HR folks come on this board to censor posts associated with her name. I wonder if Wayne or the BoD are aware of how she is wasting company resources doing that. So I will keep posting messages like this and links... — read more 

Hearing Layoff Chatter for Next Week

I’ve had multiple, credible sources tell me to expect more layoffs early next week. Anyone else? My management has said more layoffs are on the horizon.

Bob Davis Is THRILLED!!!!

He won't go down inhistory as the worst executive at USAA. Wayne and Tamla are currently fighting for that title. Who would have though that USAA could.have hired a senior executive worse than Bob Davis. The current BoD said..."Hold my beer. It's Bud... — read more 

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Quiet Quitting While RTO At USAA

My plan is to quiet quit in the office so I can grab one last juicy Christmas bonus and yearly bonus in February. Thanks Wayne!

Boycott Town Halls

Nothing, and I mean NOTHING will get under the skin of leadership than to know the entire building is filled to the brim with employees RTO and to see Robles auditorium half empty. Can you imagine how bad it would irk these narcissists? Seriously... — read more 

False Promises at USAA

UsAA executive leadership has told employees that there is a form to file exceptions so you can be allowed more flexibility for remote work. That web page and specifically the form have been non-functional this week since being released on Monday... — read more 

New RTO Requirements

New RTO requirements are in the works including moving the 4 day RTO date to earlier in 2023. Additional requirements and changes are being discussed by Wayne and Tamla. The information has started to be discussed with EMG.

In Focus: Team Salary vs. Size & Value

Rapid shift this week. Direction to review teams with bloated salaries. Holding leaders accountable. PME, PIP, early retire, remove role, remove entire teams of high salary employees/teams (reduced bonus & merit). Massive reduction in Leads across... — read more 

As expected, RTO makes the execs "feel good"

The edao town hall today pretty much said it all, Ramnik is way out of touch with the general workface. He likes the "energy" of everyone in the building, employees' feelings, feedback and thoughts be damned. It's not data driven at all, it's about... — read more 

is credit card safe from layoffs?

anyone heard anything if retail banking, especially credit card safe from layoffs? Leaders sounded not to have a definitive answer and keep saying they're trying to cut the costs across in order to prevent any layoffs.

AML next in line for layoffs?

I keep seeing rumors that AML will be the next area to be impacted by layoffs. Normally I don't pay attention to rumors but so far the ones I've seen on here have been spot on. Does anyone have details about this? I heard that the area is way... — read more 

Hireright background checks

Apparently, there is a large portion of people that will be subjected to background checks (employment, criminal, education and credit) coming up and every 3 years there after. They really are just building excuses to get rid of people for any... — read more 

Expanding Eligibility Again

My EMG confirmed yesterday that in recent strategic planning sessions it was confirmed that we are expanding eligibility again next year. Wayne even eluded to that in Q4 Employee Meeting. Does anyone have details on what that? I'm concerned about... — read more 

Taking responsibility is necessary

Okay, they can blame inflation or supply chain woes, but the problem is that this leadership never realizes some of its own mistakes that had a negative impact on the company. If they don't admit to their mistakes, how will things get better here?... — read more 

CEO and EC Issue

Wayne will continue to fail as long as he continues to say and believe that “the most important people in USAA are the VP’s and above.” Wayne and the Executive Council are disconnected from the USAA way, employees, and reality. Some of the most... — read more 

There is no reason to mandate a return to the office

I'm a manager. I have found no issues with remote work over the past several years. I have noticed that my team appreciates the additional personal time more than anything. I believe that individuals who are unproductive while working from home are... — read more 

Titanic 2

Wayne demands we do more with less while he gives himself a 157% pay raise and he does less for more. What he’s going to end up with is that do the bare minimum, leak information to members and regulators, and sit back with a bag of popcorn to watch... — read more 

Thank you for the heads up!

I just want to take a moment to thank the person that has been sharing, what has consistently turned out to be accurate information, about the layoffs specifically. I've seen this person ( maybe more than one? ) comment three times and every time -... — read more 

Take a stand against Forced RTO!

There's really only 3 ways to deal with the forced RTO. We can either comply, find another job, or dont comply (ignore it) and see what they do. Sure there will be some enforcement, and probably some performance threats/impacts, however by complying... — read more 

Something has got to give....

USAA this week posted its first annual loss since 1923, blaming a challenging economic environment, including inflation, continued supply chain woes, labor disruptions and rising interest rates. The insurance and financial services giant reported a... — read more 

A company in a downward spiral

It's sad what this company has turned into. How did this place come to be the way it is? What caused the most damage?

Luna vs. USAA

I saw a news article that USAA says “Luna” is the most popular pet name for dogs and cats. Well a google hunt lead me to an interesting lawsuit involving a Luna vs. USAA. Older age discrimination case by an older claims employee who was terminated... — read more 

Black on Tuesday

As a silent protest and a gesture of “F you” to Wayne, since Tuesday seems to be the day most everyone goes into office, we should wear black that day along on the days of the employee meeting. Whether it’s a black shirt, black pants, black headband... — read more 

They don't care

The departure of some people who were never replaced has had a big impact on me and my work. However, the manager is not interested in the fact that I am now in a very unenviable situation because my work has become much more difficult. He is only... — read more 

Record Loss: Let’s rack up A/C & electricity bills

After it’s first annual loss in 100 years, let’s act like sears & kodak and not adopt to 21st century technologies. Let’s bring everyone back into the office and bring strain onto resources (cleaning, A/C, security, water, electricity) Genius — read more 

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