Topics regarding layoffs at U.S. Bank

Topics regarding layoffs at U.S. Bank

This week will be rough

I don't think we've had layoffs on a Monday often before. That can only be the sign that this week will be busy regarding cuts so they decided to start early. I honestly thought we were done for now, so to say this has increased my stress levels... — read more 

Outsourcing TOS to India

They already outsourced TOS support to India. Looks like they are migrating other parts of the company to India. Does anyone know if this is how all banks are headed. It seems ridiculous for a bank called U.S. Bank to be replacing it's workforce... — read more 

Just to check

I think that we've determined that the layoffs have stopped for this month at least, but it doesn't hurt to check. Is there any indication we can expect more layoffs this week?

Plenty of available jobs

I've been looking through all the usual sites in the past week or so and I found more than enough open positions in all the major banks. I was worried that there would be none since there are layoffs all across the industry, but I was wrong. This... — read more 

Can I volunteer?

This is not a trolling question. I've been here a little over ten years and I'm ready to leave. I don't have anything lined up yet but I do have a few irons in the fire. I would have no issues with being laid off. In fact, I would welcome it. Plus... — read more 

They keep laying off hard workers

That's something I'll never understand. The fact is we do have fat that needs to be trimmed. We have people who spend most of the day doing nothing or who have been here for years but still don't know what they're doing. But somehow, those people... — read more 

Many layoffs due to poor leadership

Really pathetic how poorly USB leadership executes… I know multiple people who were hired on, many on new sales teams or initiatives that were poorly thought out and laid off within a year or two when leadership changed their mind, realized they... — read more 

More layoffs and job eliminations coming

All other business lines have them coming soon this month. It’s going to be disgusting how many are let go. I know of entire groups/depts that are going to be impacted hard. Saving a buck at the expense of all the hard working people keeping this... — read more 

Layoffs this Friday?

The original layoff date mentioned was June 3. Is it still happening on Friday?

HR at US Bank is completely useless

If you were under a mistaken impression that HR would be helpful if you had an issue that warranted its involvement, allow me to disillusion you. HR is a complete dead end and utterly useless to help in any capacity. In fact, all you can achieve is... — read more 

Cobra from US Bank

Has anyone got COBRA from US Bank? How much was it? I have called twice and got 2 totally different numbers. Thanks

Fire/Run people off - then hire 3 people to do the job

This actually happened/happening. 2 people left/laid off, Management hires back 4 to do the job 2 had before. That is bad enough management, but here is the kicker, pays new hires literally twice as much as the departed employees😳. How on earth does... — read more 

Any word on the placements in Retail???

How soon before we find out who the top dogs are in retail? We know there are a lot of medium dogs that will be under those top dogs and the deadline of June 3 is looming

Scammers

They hired a scammer in my LOB. The resume is laced with God knows catchy words. LOL

24 HOUR BANKING

Any idea why the bank is hiring external employees to work remote for customer service and then making the portland call center employees return to office? Absolutely not fair!

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| 1590 views | | 1 reply (April 24, 2022)
Post ID: @OP+1goaYryT

How is it determined who gets laid off?

This is a question for managers if we have any here. Is there a way to volunteer or make yourself a likely target for the next layoffs round? I would like to be let go with severance and if I could save a job of somebody who wants to stay while doing... — read more 

Reorgs never stop

I guess the point of any reorganization is to make things better. But then why is it getting worse after each reorganization? My advice to everyone is not to stay here for more than two years and to constantly be on a lookout for other options... — read more 

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| 1933 views | | 1 reply (April 18, 2022)
Post ID: @OP+1gjPEDFy

U.S. Bank Titles

What do the titles mean at U.S. bank? I.e officers, VP , SVP, ect. Are they useless entries next to the employee's name?

CBB layoffs coming in June

Another useless re-org happening in June. First with the CFO org and now leadership and teams to be shuffled around by June. Senior management will give themselves pats on the back when in reality all it’s done is create inefficiency and mass... — read more 

It's Wednesday

Is anything happening? It's so far calm in my neck of the woods but it might still be too early to say. I didn't get any emails yet about mandatory meetings, so that's a plus. Please, if you know for sure what is coming (if anything) today, share... — read more 

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| 1821 views | | 1 reply (April 13, 2022)
Post ID: @OP+1ge5P7UK

Isn't it high time to get rid of useless management?

I've never worked for a company with these many levels of uselessness. Managers reporting to managers, who report to more uselessness. You need one director with frontline managers reporting directly. These old time, useless management class is so... — read more 

That won't save their reputation

If the leadership thinks that doing layoffs silently, without news of it reaching the media, will prevent damaging the reputation of this place, then I think they are simply wrong. Because, there are already a lot of dissatisfied employees, who... — read more 

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| 1684 views | | 1 reply (April 13, 2022)
Post ID: @OP+1gdQBdU4

Managers leaving for greener pastures

Yesterday my manager handed in the notice that he was leaving for a similar job at another company. That is my third direct manager in a year and a half that left on his own for (as they say better) jobs at other companies. One has to wonder that... — read more 

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| 1730 views | | 1 reply (April 14, 2022)
Post ID: @OP+1gddrlbd

I really want to quit

I'm just too scared to do it. Other major banks all have the same issues we have and while they might be better, it's not that easy to get a job at smaller banks, even now. I'm not sure how to get myself to take that step. In all honesty, being laid... — read more 

Get ready for Wednesday.

I accidentally received an email that was later recalled. Titled “mandatory meeting” 5pm

Only the weak stay with US Bank

Usually the weak stay with US Bank. Grow some ba--s and get outside of your comfort and stop being a slave.

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| 1870 views | | 3 replies (last April 11, 2022)
Post ID: @OP+1ganjVvw

Upper Management Layoffs A Big Ruse In CBB

Big announcements about upper level Layoffs. Everyone is concerned, think it's about time, cut the fat. Funny thing only 10 to 15 are actually affected. The number of new jobs posted almost matches the number of jobs "eliminated". Think about... — read more 

Link to my LinkedIn post talking about U. S. bank

Link to my thoughts on U. S. bank https://www.linkedin.com/posts/shaun-sjs_an-environment-where-everybody-can-thrive-activity-6918194522019520512-0-uP?utm_source=linkedin_share&utm_medium=ios_app

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| 1460 views | | no replies yet
Post ID: @OP+1g96E26z

More is coming

Don't be naive to think this is it. Restructurings never last just for a week or two. They drag on for months and usually include several layoffs. While I don't have any inside info to claim this to be true without a sliver of a doubt, I'm just using... — read more 

While all the companies are focusing on RTO

While all the companies are focusing on Return to Office….Andy Cecere has his own agenda - Return to Reorganizations. What a corrupt crook he is, the only way to stop this madness is to kick him out.

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