Topics regarding layoffs at U.S. Bank

Topics regarding layoffs at U.S. Bank

Quit your whining and grow up!

Thats the message senior managements are telling us in all these quarterly calls. Either grow up and stop whining or maybe USBank isn’t the place for you because nothing is going to change. As you can tell by their tone, USBank is vet much people... — read more 

The Layoff Bank

I’m calling it how I see it. This bank has been silently laying people off and getting away with it for way to long. Its new official name is The Layoff Bank.

Where are the hubs?

I saw jobs posted for three different cities in New Jersey. There can't be 3 hubs in an out of footprint state. Are these job postings just a bait and switch tactic? Does anyone have an up to date list of the hub locations that they can cut and paste... — read more 

Acceleration

I can't say what department that I am I'm in and have no ideas about possible layoffs, but it seems RTO efforts are accelerating.

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| 1490 views | | 5 replies (last May 20, 2024)
Post ID: @OP+1szuxuyU

Updates for Remote Employees?

Anyone hear anything about the fate of fully remote employees not anywhere near a HUB location or any client center? Will those of us in this situation be let go before the end of the year or just kept on and be able to work as business as usual?... — read more 

Lay off

Research Resolutions team of 40 laid off and given until end of June to find new jobs.

The senior leaders are also struggling

The senior leaders are struggling just as much. The amount of movement and changes that are being done behind the scenes leaves everyone in fear that they are going to be eliminated. We have seen individuals with impeccable talents and performance be... — read more 

Talk to US Survey - Just DON’T Respond

I deleted without responding so they can’t pump up their engagement numbers. They don’t care what we say anyway, right? If you complain, they’ll know that their strategy to get you to quit is working. I’m not giving them the satisfaction. — read more 

RTO

so, if a lot of people just didn’t go back into the office 3x a week, what do we think the actual consequences would be?

Offshoring?

Considering joining the company. Is offshoring an issue?

Monday Blues

Thankful to have a job. However the Monday blues have never felt more real. I feel like a metaphorical bo-b is going to go off in terms of layoffs and RTOs. Just when? Messaging is so unclear it’s nearly impossible to Focus. Can they just get it over... — read more 

HR not involved in layoffs?

Is it normal during layoffs for HR to be so uninvolved? Our manager is gone, we report to a new manager who is rarely around. Upper management goes out of their way to avoid us. We are always referred to HR for questions but when you call they don’t... — read more 

The sickest thing is they don’t care how we feel

They are lying and fake smiling right in our faces and we have no way to voice our true feelings. It’s gotten so bad that they will retaliate if they hear us saying something that goes against their agenda. It reminds me of certain regimes that... — read more 

Headless Horseman Company

This is what it feels like lately. Nobody really running the place. Nobody knows anything, mass confusion, and totally dysfunctional.

Any other contractors (or FTEs) terminated today?

I’m not allowed to contact anyone who was on my team, including my manger, but I’m curious. All I know was that a lot of managers in my portfolio were called into hq on short notice today for a secret meeting.

30 years at the Bank, now treated like a Temp

Treat me like a temp by not having permanent desk, forcing RTO, laying off productive co worker and lying to us about people first and culture cr-p. Treat me like a temp, I will act as one. 30 years as a top performer and rising to VP, I will now... — read more 

Struggling

Is anyone else who works here utterly disgusted with how this company operates? My manager is incompetent and rude. My team is in disconnected chaos. I can barely get any work done because of the layers of bureaucracy. I am totally demotivated to... — read more 

Is Andy transitioning....

away from the bank? Stock price is lower than when he started. I get the impression he lacks the ability to effectively lead and only follows trends. Remember when he used to do that side profile thing in his emails? It appeared ridiculous to be... — read more 

RTO Five Days Per Week????

Check out the BOA threads. Looks like they are going to try RTO 5 days per week in January 2025. You know Andy is not creative, I bet mid 2025 we will see the same thing!

New Presdient, Gunjan Kedia, and McKinsey

Gunjan Kedia, the new president, previously worked at McKinsey according to the press release that just came out in the news everywhere, which has been giving awful advice about layoffs, return to office, etc... Oh great. As if RTO and layoffs... — read more 

More RTO Details

Maybe it was never announced to our business line, but just found a depressing RTO infographic on the intranet homesite (scroll down on homepage—>click Visit Working Together—>click Hub Transition—>”Welcome to the Neighborhood” Highlights include: ... — read more 

TTUS Survey Performance Goals

I noticed in Workday today that beyond just the three day RTO guideline, U.S. Bank is now including TTUS survey participation in one of the pre-written perf goals. Who else is seeing this? They did not have anything like this in the pre-written... — read more 

For those who survived layoffs

Do you feel like there is now more or less room for growth after the re-org? Or do you feel that the organization will play favorites? Any advice on career growth?

RTO Update Today

Update on the RTO process just came out today, but still not much information for those remote employees no where near a HUB or a client center.

Elavon CEO Layoff

Anyone else hearing that the Elavon CEO (JW) was asked to step down? Rumors are payment processing being moved to US Bank and Elavon dissolving? Not sure if true but that’s on the mill. lol

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| 2910 views | | 9 replies (last July 25, 2024)
Post ID: @OP+1shUmk5P

Layoffs

I haven't heard there was a continuation of layoffs this week. Can we consider the latest round completed or not at this point?

How are they calculating distance from hub

Is there a software that’s being used to calculate miles from the office for each employee? Or is someone manually checking in google and taking an average of the routes to calculate? Anyone know? Seems like it could swing in different directions if... — read more 

All Employees Will RTO

Just heard in passing that the new rumor/plan is now for all employees to return to office over the next year. Objectively, this is a total slap in the face to both new hires told they'd stay fully remote permanently, and those who were told the... — read more 

How many are gone so far?

We know people are being let go left and right but it's quiet on numbers. Does anybody know how many have been let go so far this week?

Long term disability

Does anyone know if LTD has a 2 year cutoff and then you have to apply for social security?

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