Welsh sweeping this under the rug to protect his buddy from McKinsey.

Nothing U.S. or American about it anymore. No appreciation for those with decades of loyal service. Just outsource to "offshore" cheap labor hourly rate turks that don't care about the brand, don't know the industry, say what you want to hear. All... — read more 

We have tremendous opportunity to further accelerate our business banking segment strategy. Lynn Heitman will now focus on leading these efforts by building an expanded team and partnering across the bank to create a holistic business banking. The... — read more 

This email was sent to all CBB employees. Within Consumer and Business Banking (CBB), we’re all working toward a common goal: becoming central to the financial lives of our customers to power their potential. To achieve this, we embarked on a... — read more 

Fck Andy, fck Tim, f*ck anyone that had anything to do with today’s news. US Bank is dead. Anyone left should leave. They’re clueless and only seeking to ensure their bonuses. They don’t care about employees at all. Employee engagement and... — read more 

Do you stay with US Bank because you still want access to your "pension"? You like the bogus bonus structure? You feel like you live paycheck to paycheck with Damocles' sword hanging from above? Guys, wake up and React up. US bank owes you nothing... — read more 

Good morning, everyone – Last Friday got away from me, so I decided it would be better to wait and say “hello” on Monday morning, in hopes that it can help us all ease (or be thrown) back into what will likely be another busy work week. 😊... — read more 

https://www.occ.gov/topics/charters-and-licensing/weekly-bulletin/2020/index-weekly-bulletin-2020.html

Temporarily branches will be closed effective immediately. More announcements will be made next week.

The stress of the past two days is really some of the worst I've felt my entire adult life. If I was laid off, at least I'd know what my next steps would be. Like this, I feel stuck in the limbo. I know it'll all probably be done by the end of the... — read more 

https://www.bizjournals.com/twincities/news/2019/10/22/u-s-bank-tells-workers-job-cuts-are-coming.htmlP

Now that this bomb has been dropped on us, what are the chances they'll give us the details soon? It wouldn't be fair of them to announce something like this and then let us all stew for who knows how long. That wouldn't be good for us or the bank... — read more 

Find a different job while you can...

This email was sent to all employees. Focusing on out future Team, During the past few years, we have taken many steps to position our company for the future. We invested in technology and digital capabilities, adjusted organizational... — read more 

10/1/2020 Job Cuts Coming - Announced by A.C.

Has there been any news?

With the return to work now paused until after sometime in January, will they start looking in to see how many people actually need to come back? How many positions they actually need? And how much space US Bank occupies that will need to be reduced... — read more 

All the banks open in our town of 20,000 people. Usbank is the only one closed up to this point. Literally waited in the drive thru for over 20 minutes and the line was backed up into the street. Great bank! Great customer service! NOT

Source: CBB Welsh DRs

It has become abundantly clear that USB not only no longer cares about their employees who have become numbers at best, but also obviously doesn’t care about their customers. All decisions are made solely with a bottom line in mind and it doesn’t... — read more 

Is anyone else noticing this? ATMs not working, systems crashing, not enough employees, branches being temporarily closed or "blacked out," and nonstop dysfunction, and it all seems to be getting worse. The employees working in branch are very... — read more 

WM and PCG will be hit HARD very shortly, expect either half of all positions gone or the complete elimination of the PCG role. Investment side will be hit but not as hard as customers are causing a meltdown of their phone system with the economy... — read more 

Anyone has the scoop on the real reason why the latest CIO, Jorge Ortiz was let go, just after hiring him less than a year ago? Chris Higgins retires and an endless, fruitless search inside goes on for six months, end up hiring this guy and then... — read more 

S. Bank is now under a hiring freeze. I'm guessing the next step is layoffs. Any ideas when the employees can expect it?

While there are uncertainty during this tiring time, I do appreciate (and is surprised) that US Bank stepped up and provide a temporarily premium pay to its front line employees. Front line employees are really risking their lives to help customers... — read more 

Read the Facebook comments. The IT problems are out of the bag now. Will be a problem very soon

Wells Fargo, US Bank, Citi and JP Morgan Chase will defer mortgage payments for three months. State chartered banks and credit unions will offer similar deferrals. The banks also pledged not to initiate foreclosure sales or evictions for the next 60... — read more 

Anyone else see Andy Cecere just got a 40% increase on his salary. Must be nice to be on top but leave your employees struggling. What is ethical about anything you are doing?

Accused of the same Crimes as Wells Fargo and not a peep on this board. Bad timing. Going to be brutal with layoffs

From my understanding, State Farm agents will be able to open us bank accounts, offer loan products, etc. I don’t understand the direction Andy is heading and I certainly don’t like it. What’s the point in a banker if you are allowing insurance... — read more 

Comment in this thread - it'll be the main thread.

Feels like every day there is some sort of re-org being announced mentioning further re-orgs to come down the line. Things are uncertain and people talk. Seems many are looking to leave. Mentions of many layoffs coming down the pipe.

Tell me what's the logic behind attending an in-person meeting while your branch only has 2 FTE. The info shared in the meeting can easily be covered in a quick conference call. They let you scramble for coverage help and deal with it. Upper... — read more 

I dont know what part of technology US Bank is investing in when there is not card reader machines, no wire transfer function online, and not to mentioned the old ATMs like eating your customers' debtcard on daily basis.

Cecere only wants his golden parachute. A sad story of incompetence.

This deserves a thread. Two faced management.

Call me Boomer, I don't care. I don't use mobile because of hacking. I have a secure home computer with firewalls. My husband designs and builds computers for a living. I want to see a person when I deposit a check, not depend on a scanner or picture... — read more 

Per Investopedia : While it may be understandable that a company would want to concentrate control of the business into the hands of its core leadership, the truth is that buybacks are increasingly utilized as a way to boost executive... — read more