Who are the best leaders in what org and why?
Centralization of reporting, data, and more all under ECIO
Enterprise wide. Some got notices, others finding out their new org and boss.
Why was Building D added in Plano?
Seems weird that with people getting laid off, they open up a brand new facility with hardly anyone there. Mostly Fraud and AML from what I've heard
Enterprise Risk Programs Oversight Team Statistics
Total team size: 25 (80% remote) # of Directors: 4 (100% remote) # of Leads: 16 (75% remote) Other: 5 Out of the 21 analysts, 16 are Leads (76%) Can we please promote the other 5 of us to Lead and make us Remote too?
Bank Town Hall - Any layoffs announced?
Wasn't able to join, but saw the slack thread and didn't see much on there about what actually happened
Trump on Fox: We have to bring in Talent, we don’t have it
Ingraham on Fox: “Does that mean the H1-B visa thing will be deprioritized for the administration” Trump: “We you have to have Talent” Ingraham on Fox: “Sir, we have plenty of Talent here in America” Trump: “No, you don’t, no you don’t, no you... — read more
Are we safe for the rest of 2025?
I can’t imagine more cuts would come this year, anyone think otherwise?
Rough October, sign of the times
Startling statistic, likely the start of a trend. “U.S.-based employers cut more than 150,000 jobs in October, marking the biggest reduction for the month in more than 20 years, a report by Challenger, Gray & Christmas said on Thursday as... — read more
Go to other layoff sites: the maga racism prevalent at USAA
Seriously. Go to another bank. Find the strength of racism that exists no where else only at our finest USAA. even more odd, most employees are actually supportive and help one another at other banks. We have a deep rot here. its why we only... — read more
Is Mani Sulur team safe from layoffs? I am interviewing for a position on that team
Just want to get info before I change positions please.
Real Estate Management is Terrible
Our terrible RE management strikes again! We had 2 Directors: one everyone loved and respected who was onsite, the other we all complain about in our Pulse surveys who is in a completely different office and is horrible to work with. A reasonable... — read more
Another leader who flopped
Thoughts on this comment from an AVP : team members who are earning higher salary should have more on their plates. (Exact same titles)
Fact or Fiction
Some leaders make claims that they know who posts on the site and can track it (even if not at work) who can confirm if they are just using it as a scare tactic?
Explain how MM is the right one…
The right one to lead the bank out of this self-inflicted downward spiral. How many word fumbles and nervous gestures are allowed? Who is the backup? When will the bank be sold? For the good of the membership, just like the Investment Management... — read more
https://x.com/TheLayoff/status/1983990798858514621
https://x.com/TheLayoff/status/1983990798858514621
So have we given up?
Are we just not even going to pretend to be a compliant & sound bank? Has USAA just given up on quality leaders, innovation, member focus and truly caring about its employees. We’ve gotten so used to scraps around here, when id--ts with a title... — read more
Layoffs - where’s AML
where’s the genius posting weekly that AML is about to have layoffs - after AGAIN - for the 12 time in a row - not having layoffs. “Mr. Shut Up” should be the only reply to that person who keeps posting their propaganda. Additionally, this is the... — read more
Nice Christmas gift USAA!
Nothing says USAA cares like handing out 60 day notices to a little over 200 people, just days before the holiday season begins. The 60 days ends right after Christmas (12/28). And of course our dear bank President Mike Mo--n, makes things even... — read more
It started!
Bank layoffs. Data & Analytics hit (again and again). Not sure about others.
@USAA is getting trashed on x.com for hiring so many H1Bs
Go to x.com and search for @usaa and click "Latest" at the top and have a look, lots to look at, at least 3 whistle blowers have come forward providing information about whats going on at USAA to the public. It looks like Navy Federal is doing the... — read more
Praying to be laid off
USAA went from being a decent to a horrible place to work in the last few years. I'm ready to move on, and it'd be even better if they paid me to do so.
If USAA is wrecking your mental health, leave
Nobody deserves to feel miserable every day. Go find somewhere that treats you like a person, not a robot.
Who decides on layoffs?
With the number of layoffs since 2022, does anyone know how or who selects the people or areas that get hit? Is it HR? Earlier this year when a girl on my team was notified, our ED said she didn’t know until that morning and my director said he... — read more
Are we paying attention to FRED -REPO Ops Market? why are banks frantically sell off Treasury bonds and Mortgages?
Are we paying attention to FRED - why are banks frantically sell off Treasury bonds and Mortgages? Banks are saying they have a capital and liquidity issue. They are selling off all their bonds (like taking your gold and diamonds to a pawn shop)... — read more
USAA is a sinking Titanic. Get out when you can
I know this post will hurt some feelings but be practical. Think about your future and your dependents future and start looking out first a job before you and your team gets layed off.
Dictatorship in rise- Juan Andrade
"I dont need an executive council" screams arrogance, maybe he can make all the decisions himself but it usually ends in disaster. Every smart leader needs smart people around them.
Employee meeting
What a total bore fest… What the heck were these people even saying?????
More layoffs this month
I've heard more rumors about layoffs continuing throughout the month. What are the chances that's not true? I'm so exhausted from layoffs that I could use at least some time not to have to worry 24/7.
Who’s in charge?
I thought a number of EVPs transitioned out of USAA and some other leaders were promoted. But the website seems to still have old info. Have the changes not happened yet?
I asked ChatGPT to predict the next USAA layoff and the response is pretty good!
It’s just for fun: “If USAA does plan a major layoff, it is most likely to occur before the end of 2025, perhaps in late Q4 2025 (October–December), as part of restructuring under the new CEO’s agenda.” It also talks about if there’s someone does... — read more
Layoffs today
Anyone know or hear who was impacted?
Leads should be invited to the Leadership Meeting (Oct 8)
My Director mentioned that there’s a leadership meeting on October 8th same day as the October Employee Meeting. Only Directors and above are included in the leadership meeting. This is unfair to the Lead level. Leads are Leaders without direct... — read more
What We Deserve
It's become so clear from this forum that we all hate each other and cannot agree to collectively take action on anything. This place has become so miserable over the last few years I'm actively rooting for Juan to announce the end of remote at... — read more
9/30 Layoffs?
The last day before Christmas bonus cutoff. Will there be layoffs?
Unlimited PTO coming?
Companies in the death throes of trying to stay solvent by cutting expenses often turn to Unlimited PTO as a cost saver. You don’t accumulate PTO, so it never needs to be paid if you leave. Rather, every PTO day becomes a negotiation with your... — read more
IT CIO
Looks like Ramnik is in for the long haul. Get your white shirts out. Learn to work with Deloitte (DoLittle). His buddies from Deloitte are circling the wagon. The CTO team will be the first impact. Bank and P&C next. The sinking ship is sinking... — read more
Fraud layoffs
So anyone got any insight for layoffs in fraud? Ive been hearing rumors that it’ll be bye bye bfcc 👀😮💨
Did I just get fired?
Did anyone else not get the email from Juan? Just curious if I'm fired because I will need to update my resume
Does USAA hire any data engineers/analysts who dont need sponsorship? All I see if H1B sponsored internal hires ?
There have been hardly any senior or lead positions open in the data space. Even if something is posted, looks like they are mostly labor filing related openings and you get a response back that you do not meet the expectations. No calls no nothing... — read more