I don’t see the severance posted. So is it different for different people? Managers select the package no clear rules of years and grade?
EFCC Layoffs?
Is there any news regarding EFCC and layoffs occurring within that department. It seems that everything has gone downhill under Tyler Reynold Leadership.
So layoffs are actually happening right now?
I guess then it's across the units and states in numbers that would not trigger the need for WARN. Does this mean mass layoffs are coming next week (or in near future), or will they continue with small batches of people across the board?
Updating Polices and Procedures
This just occurred to me. Have any other departments had a recent push to update and review policies and procedures? Along with rumors of outsourcing and layoffs this is now making sense. I’m a part of CBB Risk and have always been told no one... — read more
AC’s legacy?
Usurped by peers once viewed as beneath USB McKinsey experiment gone wrong No longer industry leading ratios No net customer growth Third rate wealth management Failed risk management Legacy geography left behind Outsized layoffs on his watch... — read more
Mass layoffs starting next week?
Is this true? I’ve been hearing rumors about that possibility beyond this board, from different colleagues. Can anybody confirm?
Sapience
My business line recently began using Sapience. A “Work Productivity Tracker”. It tracks everything you do. who you talk to, what you look at, everything. It is nuclear micromanaging. We received no information or instruction about its purpose... — read more
How to create a resume with NDA materials
I'm in the design org and nobody can seem to tell me how I can put a resume together without being able to use anything I've produced for the organization. Most of what I've done is on the back end and not public domain. There should be more... — read more
Layoffs
Heard rumors that Layoffs and realignments for all departments starting next week.
Posts are disappearing
I do not know what to think about posts disappearing, One where someone shared that RTO guidelines no longer have a 30 mile constraint. A second asking if mgmt also will report to hubs. I think another talking about survey scores.
Pull your money
This is a call out to all who are leaving U.S. Bank. If you have accounts with them, pull them. Relocate your funds elsewhere. It's really the only recourse we have against this type of corporate bullying. Let everyone know what's going on and... — read more
Fully Remote Not Near HUB
Anyone fully-remote and not near a HUB or client center receive any RTO update? Anyone given the ultimatum to move or be let go? I'm still not hearing anything from my manager or anyone else.
Pay attention
I know everybody hates the idea of RTO but some of you need to be reminded that if you can work remotely, then your job can easily be offshored. I know this will be heavily downvoted, but it's the truth. I'd rather return to the office and still have... — read more
US Bank keeps forgetting one important thing
Employees are its most valuable asset. Continuing to treat employees like we're nothing but a number that should be cut if at all possible is only hurting it. Productivity is down because people don't feel appreciated at best and abused by those... — read more
RTO is just a scheme to get rid of us
Along with waves of layoffs. This company is melting before our eyes and reconstituting elsewhere (or maybe just disappearing into void). Maybe it really is time to discuss what makes a company a US one, and therefore eligible for US-specific legal... — read more
USBank followed Wells lead in RTO
Wells told employees to RTO for teammates. uSBank followed We all know we all will sit there with our headphone on and speak only on team with people across the country. So much for team work in the office at Wells A 60-year-old Arizona Wells... — read more
Wealth Management Layoffs Coming
Theyre cutting Associates in favor of a central team and Advisers who are not justifying their salary. Theres also talk of redrawing the map and combining existing regions
Business Banking Upstream
Will be going up to $50MM in client revenues very soon. Change is in the air…. Wouldn’t be surprised of some role changes.
U.S. Bank employee count
Does anyone have a rough estimate on how many American full time employees are employed by U.S. bank vs foreign? Also, how many American contractors vs foreign contractors?
Gunjan’s change in the air announcement bullsh-t
Honestly FU-K YOU Gunjan. That’s all I am getting from her announcement is that she will fu-k us all over majorly.
Banking is no longer a viable career option
I worked in several banks, and I’ve witnessed a speedy degeneration of the industry spiced with cultural specifics of different banks. After 20 years in banking I am working hard on finding another job in an entirely different industry. Advice for... — read more
IT is turning into a sweat shop
The whole vibe of the "ethical" USB IT has changed to high production and cut throat politics. Managers who cared about employees are being supplanted by corporate kiss-as--s who love the corporate-speak and can't let a day go by without some kind... — read more
Another group of HUB rollouts
Reduced space, no improvements just pack them in there. No thought process, it’s the “Flying the plane while we are building it” mentality. People hate it, corporate thinks it’s AMAZING because they accomplished their goal. and if you want the same... — read more
Next Round of RIF is here
More Layoffs today (8/20).
How are you all keeping your motivation?
I had wanted to stay at the bank for the rest of my career and retire from here, but at this point, it’s so hard to get myself to care about anything I’m supposed to do. It hasn’t impacted my reviews yet, so I guess I’m coasting for now, but I miss... — read more
Jobs to India
Listening to politicians saying manufacturing jobs are coming back to US. I don't understand why none of them talk about corporations laying off and sending jobs to India. Has anyone tried talking to politicians about what's going on at the bank?
Trainings
Is anyone else getting bombarded with unnecessary and irrelevant training videos in operations? I check my calendar and see a boatload of invites...just after receiving and completing a boatload. Do these ppl understand we have day-to-day tasks we... — read more
What’s happening in Risk and Compliance?
Could be a made for TV special, the smartest people in the room. Rumors that a raft of MRAs are coming in several risk stripes. The Peter principle in action, and people who speak the truth get pushed out. Rumors of affairs with the... — read more
Is our inside info from HR over?
Just wondering, we knew about the last round of layoffs so well and I figure September/October but whoever knew must no longer be at the bank…just wondering.
Morale still low
This company is not boosting morale at all. In fact, they feel outright hostile with their workforce. Does anyone feel like it's getting better or that they are taking any meaningful steps to look like more than a profit-only focused company?
Corporate real estate to layoff Facility managers
We just heard about this on Monday. JLL will take over the jobs from CRE for property management
Operations outsourced to Poland
Word on a whole department/team in operations being sent to Poland? Another thread mentioned about outsourcing and Poland. Word just was slipped about a whole operations team losing jobs being outsourced there and their last day is in November?
Officer title question
Hi folks I have a random question, hoping that someone here might know the answer. I have looked on the myhr site, but I cannot find much regarding officer title information. My question, is there any formal structure to how the titles are... — read more
Consultancies are literally leeches
First of all, they reflect the fact that management is clueless. Mgmt contract consultancy to do their job. Second, they pay them very high fees which usually offset the cost-cutting mgmt do based on their recommendations. Third, mgmt pay them... — read more
Seeing contractors getting close to your area is like seeing the grim reaper approaching
It seems every new public announcement of a hire of a person high up has connections to McKinzey consulting, who hates remote work (I'm not remote and probably actually, I would say, in the minority it seems who actually has somewhat enjoyed being... — read more
RTO monitoring
I’m aware that our managers can see when we are logged in to the HUB network and that we are to be in the office three day per week. What has not been clarified is how many hours do we need to be logged into the HUB network. There is a fine line on... — read more
Remote Work Accommodations?
Has anyone turned in an ADA accommodation to HR to receive continued Work from Home ability? How did that go for you?
Job elimination = no severance
Eliminated job but no severance offered due to outsourcing that job to third party. Not even classified as a contractor. Shady things going on.
Fully Remote Not Near HUBs
Anyone hear anything about those of us in this situation?