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
Any new layoffs
Think there is going to be more layoffs next month?
Gujan’s team meeting today
So, whose heads will roll? Change is on the horizon.
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.
Regime installing Gunjan to tank this ship!
Prove me wrong. We are at the end of the rope.
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.
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.
We are losing workers due to RTO or are they being let go?
I noticed employee count on yammer is at 85K vs 91K just few months ago. Are people being laid off or quitting because of this disastrous RTO?
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
Anyone seen these open work spaces?
I heard they are long desks with chairs and no divider and everyone is basically sitting at arms length or less. Nightmare scenario.
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
Anyone else closing closing accounts?
Just closed mine. The rep was friendly and didn't seem surprised.
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!
Are trust officer coached not to let customers move personal trust assets to other banks?
I have seen trust officers refuse to let people move a trust they manage to a different bank. The customer must sue and go to court to have it moved. And the customer pays the legal bill. Is this standard operating procedure for us bank. To put up a... — read more
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
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
RTO = Going to lose star employees
https://www.forbes.com/sites/joemoglia/2024/04/19/dell-is-just-the-latest-remote-work-battleground/?sh=621b51f07095
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?