Topics regarding layoffs at U.S. Bank

Topics regarding layoffs at U.S. Bank

There is definitely life after USB

Was recently laid off. Saw it coming and was actively interviewing before I was finally told. Now have a MUCH better job, better benefits, etc. If you’ve been severed or are about to be, have faith. It gets better. If you’re still there, know you... — read more 

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| 2350 views | | 6 replies (last September 9, 2022)
Post ID: @OP+1ilYpkyC

Back to working from home?

Has anyone else who is hybrid gotten notice that their department will be working from home until further notice starting in October?

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| 2500 views | | 9 replies (last September 1, 2022)
Post ID: @OP+1ikP3jPw

Salary

Does anyone know what the salary and bonus is for Business Relationship Manager. I want to apply. Don’t want to waste my time if pay is not good. I heard US Bank doesn’t pay well.

That's insane

Getting rid of excellent employees but keeping mediocrity, what does that say about an organization? This tells me that the leadership does not have a vision, that they do not care about the future of this place, and that we can only expect things... — read more 

I've never been this tired

Since the latest layoffs and losing more team members, the amount of work we're expected to do has become unbearable. All I do is work, eat, and sleep. I have no time for anything else. Or if I get some time, I have no energy to do anything else but... — read more 

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| 2261 views | | 5 replies (last September 7, 2022)
Post ID: @OP+1ignBKgu

8/17 layoffs

Saw a post on here- anymore info on layoffs tomorrow 8/17? Who is affected

Processors being let go

Do you think processors will be let go this week? Retail go an email stating 40% drop

Information security layoffs?

Any layoffs in information security? Relatively new to company, less than 6 months, and am a little concerned with everything going on.

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| 1691 views | | 4 replies (last September 25, 2022)
Post ID: @OP+1iaLvagy

Mortgage meetings

Does anyone else think the multiple mortgage calls week after next are something we should be scared of?

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| 1860 views | | 4 replies (last August 11, 2022)
Post ID: @OP+1i9JR5a2

Payment Services

Anyone know if there will be layoffs within payment services? Specifically for the claims department(s)? I’m wondering if these processes will be outsourced over seas with the reorg.

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| 982 views | | no replies yet
Post ID: @OP+1i7aPmsx

Org in Workday is still TBD, am I fu---d?

Team moved to another org in mortgage months ago and our official org in workday is still TBD….my managers kind of a useless id--t too so I’m thinking I’m sh-t out of luck and our team is likely up for elimination. Anyone else in this situation? — read more 

They don't care

I sincerely feel sorry for all those who are still making enormous efforts, believing that it will be appreciated and that they will save their jobs. In the end, they are dissuaded only when they are laid off unfortunately. Perhaps once upon a time... — read more 

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| 1856 views | | 1 reply (August 16, 2022)
Post ID: @OP+1i4XvmpH

We won't be seeing more major layoffs any time soon

The main cost-cutting goal has been achieved, so I think they'll switch to micro-cuts that fly under the radar from now on. They'll hit one team this week, another group the next, cancel a project or two...things like that. Just constant surgical... — read more 

Severance not paid today!

Really not surprised that US Bank would violate their own agreement and not pay the severance on the date they stated they would in the agreement, but how incompetent are these people? If anyone was going to mess this up, it was going to be these... — read more 

Does anything ever come out of the Talk to Us survey

It seems like managers who get low scores across the board never seem to be reprimanded in any way. I had the misfortune of joining a team with a terrible manager with zero leadership skill who can only be described as a bumbling id--t. The guy has... — read more 

No Trust

How many of you have taken the TTUS and answered those questions about advancement and do you think there is open and honest communication? People are nervous. People are taking positions created in February as advancement only to be told in June... — read more 

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| 1730 views | | 4 replies (last August 5, 2022)
Post ID: @OP+1i27kX5W

Purchased vacation on last regular paycheck

Head's up if you purchased vacation and didn't use it before getting terminated...reimbursement is supposed to show up on the final paycheck (separate from the severance payout) but it wasn't on mine. Accrued unused vacation was there but not the... — read more 

Layoffs tomorrow

Does anyone feel layoffs coming tomorrow or next week? My boss has been super strange

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| 2394 views | | 3 replies (last August 3, 2022)
Post ID: @OP+1i1nd7Bp

This is not good

When Wells Fargo went through the "fake accounts" scandal, employees were the ones who paid the highest price. Not just those who participated directly. Just being associated with Wells Fargo was a problem and a liability on a resume. I pray that the... — read more 

Layoffs still happening?

Are the layoffs still happening? - seems to be quite out there now. If so, post below what you’ve heard/department

Is US Bank Just As Bad As Wells Fargo?

Fake Accounts at US Bank? To meet sales goals? Come on... https://www.washingtonpost.com/business/govt-us-bank-workers-opened-fake-accounts-for-sales-goals/2022/07/28/a84c16c2-0e85-11ed-88e8-c58dc3dbaee2_story.html if you get a paywall propmt use... — read more 

The payouts on the grandfathered pension program

I'm very happy that I recently left but I've worked here for a long time and I can't be indifferent when I hear what's happening now. Several people here mentioned that the bank is trying to impact the payouts on the grandfathered pension... — read more 

Another day, another consent order! CFPB Fines U.S. Bank $37.5 Million for Illegally Exploiting Personal Data to Open Sham Accounts for Unsuspec

CFPB Fines U.S. Bank $37.5 Million for Illegally Exploiting Personal Data to Open Sham Accounts for Unsuspecting Customers JUL 28, 2022 WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) took action against U.S. Bank for... — read more 

Severance Agreement Access

For those like me affected by layoffs: If you don’t receive an email with your Workday home access link the day after your job elimination date, call to get it re-sent so you can sign your severance agreement. They claimed to have emailed it but I... — read more 

Payments: The Real Problem

Payment services problems are not in middle management, they reside solely with payments leadership, the business is not growing, it is not expanding, the payment services division is not being run by payments people, U.S. Bank continues to report... — read more 

RIF Elavon

big RIF at Elavon, Boarding is going to be done in Poland. 187 between Knoxville & Denver

Collections

Has anyone else in collections got Laid off recently?

Actual numbers

Does anybody know any actual numbers of how many have been laid off the past month at USB and Elavon?

Could have ask for voluntary separation

Don’t understand why people had to be targeted and thrown out during the Great Resignation - would had plenty of people sign up for voluntary separation

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