Topics regarding layoffs at U.S. Bank

Topics regarding layoffs at U.S. Bank

Accepted the CRC Position

I am an Assistant Manager who has been with US Bank over 10 years. I just accepted an offer for the new CRC role last week. I wonder what the new incentive plan or sales goals will look like for 2020. What have you all heard in your markets?

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| 2431 views | | 3 replies (last December 14, 2019)
Post ID: @OP+12d5Pa1n

Branch Managers

The Assistant Manager position was replaced with the Client Relationship Consultant position. Now they are hiring Business-Banking Development Consultants to work in the branches according to the article in American Banker. Do you think those... — read more 

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| 2550 views | | 4 replies (last February 27, 2020)
Post ID: @OP+12aVMo18

US Bank Layoffs 2020

If the market makes a turn soon, do you think there will be US Bank Layoffs 2020? Any news or rumors?

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| 3490 views | | 3 replies (last December 14, 2019)
Post ID: @OP+1255nmaK

Shorted on hours and severence

Don't trust HR, they send your severance to payroll over a week late, dont pay you for hours that were worked.

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| 1735 views | | 3 replies (last December 27, 2019)
Post ID: @OP+122PNwaN

Customers Complaining

Andy had given us laptop, big screen monitor, branch remodel with private cabin, upgrades teller furniture etc. But customers complaining what is the meaning of this remodel when there is no staff in your branch. All cabins are empty and one... — read more 

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| 2240 views | | 3 replies (last November 14, 2019)
Post ID: @OP+11W65uI2

I Smell Lawsuit!

Interesting that these new positions that were created mirrir positions that were eliminated and when tenured employees are applying they dont even get the courtesy of an interview but instead , they receive an email stating they are not qualified... — read more 

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| 2350 views | | 5 replies (last November 9, 2019)
Post ID: @OP+11Ttm6kH

i smell lawsuit! They have eliminated positions and created new ones with the same job description. When applying for the new position you get

An email stating your not qualified, but yet you have oeforned the same for over twenty years! Curious to know what the age ranges are for all who positions have been eliminated. Sounds like usbank is using corporate restructuring to remove tenured... — read more 

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| 1772 views | | 1 reply (December 19, 2019)
Post ID: @OP+11TBPvyb

My Prayers for Layoffs Employees

It's really hard for us to accept layoffs after working so many years but better opportunity will knock our door soon. Just believe on yourself and don't look at your past anymore.

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| 861 views | | no replies yet
Post ID: @OP+11SPaqsM

He Played Tricky Game, BM Be Careful

Andy has played the smart game. He knows Assistant Managers and TC'S has important role in the branches and he laid off them which will effect the Branch Managers because now BM have to do both jobs until they hire CRC Positions and after hire CRC, ... — read more 

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| 2220 views | | 2 replies (last February 27, 2020)
Post ID: @OP+11RNp6xP

US Bank CEO Andy don't care for us

We are the one who is bringing sales, revenue, profit for the US Bank and they laid off us. I understand banking is changing and everything is digital but this is absolutely wrong way to eliminate us. Opening new position and not telling us base pay... — read more 

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| 2160 views | | 2 replies (last October 7, 2020)
Post ID: @OP+11OMQ5Tk

Anyone receive an offer for the new CRC position yet?

As a assistant manager who had been with the company over 16 years I’m scared the new client relationship consultant role won’t pay comparable since I was already at level higher than others in our market. Anyone else received feedback of the highest... — read more 

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| 2390 views | | 5 replies (last November 9, 2019)
Post ID: @OP+11N2ztWE

US Bank Eliminating Roles - Media Coverage

There you go: 8 days ago · U.S. Bancorp is eliminating thousands of branch workers as it adjusts to changing customer preferences, according to a person briefed on the decision. The cuts will be in the low thousands, the person said, asking not... — read more 

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| 1920 views | | 1 reply (November 4, 2019)
Post ID: @OP+11MZiO7y

This new position doesn't seem right

This doesn't make any sense. Why the big call and layoff scare if they are just changing the position name. Most AM I know will most likely get the new role same pay and same hours. Its just a lateral move. What are we not seeing that is coming down... — read more 

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| 1685 views | | 1 reply (November 4, 2019)
Post ID: @OP+11MwjUmI

Manipulation

Usb takes away your job and then forces you to train others to take your position. How emotionally manipulative can these people be!? I feel disgusted to have to ride out my time as one of their chess pieces until I get my severance. Emotional and... — read more 

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| 1753 views | | 2 replies (last October 30, 2019)
Post ID: @OP+11M6iFIR

Kick Out the CEO of the US Bank

US Bank CEO want to put all money in his pocket. I wish he face the same thing as Wells Fargo CEO gone through. US Bank CEO only believes in numbers. Forcefully pushing employees to meet their sales goals. I wish him a BAD BAD Luck. He has... — read more 

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| 1250 views | | no replies yet
Post ID: @OP+11MoQ3Kx

Poor man’s Chase

Once Richard left and Andy took over the sink began to sink. Under Andy, this company’s business model revolves around everything that happens at Chase. “Customer Obsession”, “Digital Engagement”, “Regional Executive”, “Cluster Leader”, “Community... — read more 

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| 2010 views | | 1 reply (October 29, 2019)
Post ID: @OP+11KtqYpV

Has Cecere ever stepped into a branch?

Ask yourselves and ask whoever you want when was the last time Cecere and JVG stepped into a branch in southeast Minnesota or mid Wisconsin and talk to the staff. They look at their branches through spreadsheets and profit and loss statements.

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| 1040 views | | no replies yet
Post ID: @OP+11KMwR77

Not a happy customer

They care nothing about their employees nor their customers!!! I get so frustrated as a customer trying to conduct business with them. They are making it more inconvenient for us, the customer. They are trying to lose touch with there customers, the... — read more 

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| 1153 views | | 1 reply (May 15, 2020)
Post ID: @OP+11KBlUWS

The Future of Banking

Automation in. People out. There's just about nothing a person does in a bank that a computer can't do, and frankly, do it better. Bankers have never been known for their winning personalities, to the contrary actually, and so these changes are... — read more 

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| 1241 views | | no replies yet
Post ID: @OP+11JEE7Xf

Dont make a mistake

Make a mistake and your job will end. ..no write up nothing. Not 1 minute over your given tine..even if you HAVE TO WORK Thru lunch..made to get rid of time by leaving early. No concerns about the older generation. Care nothing about employees... — read more 

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| 1920 views | | 3 replies (last November 2, 2019)
Post ID: @OP+11JNUfOz

12/20 Deadline re-hire question

For those of us Assistant Managers choosing to stay in one of the new roles they created - are you worried how long the process will take and if they will get it done in time by the 12/20 deadline so we don’t loose our seniority? Are you all... — read more 

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| 2150 views | | 3 replies (last October 26, 2019)
Post ID: @OP+11Ir73hP

What's the best alternative?

The banking sector is in shambles right now - I clicked on the first four related companies at the top of the page and now I wish I hadn't. It's just as bad if not worse than here wherever you look. Where does that leave us? Where are we supposed to... — read more 

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| 1484 views | | 1 reply (October 28, 2019)
Post ID: @OP+11Hw4VVo

Not everybody was laid off

US Bank repurposed the assistant branch manager role because they no longer have operational, non customer facing duties. If your friends were just hired/promoted they still have their job with a different title. No one was walked out the door-they... — read more 

Customer Relationship Consultant (New Role Questions)

Question Us Bank just posted almost a 1,000 positions across the country called a customer relationship consultant and many assistant managers in our area are applying. I have heard there are 4 levels but does anyone know if this will pay... — read more 

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| 3210 views | | 6 replies (last October 30, 2019)
Post ID: @OP+11GAOd8E

Incompetence at US Bank

Got rid of tellers and branch managers (first point of contact to customer). Want 75-yr olds to understand how to use your c-appy website and c-appy mobile tools? Everywhere from Anne M Janke to J Bilden to S Levang, all incompetence and no positive... — read more 

Clean up your resume and interview like crazy

Clean up your resume and interview like crazy. Time things wisely. Get your severance and get ahead of everyone else. Remember nobody will care about your career as much as you will. Nobody owes you anything. You owe a better future to yourself and... — read more 

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| 1200 views | | 1 reply (October 24, 2019)
Post ID: @OP+11GjCfSV

Cynical and Ruthless Layoffs by USbank

In a surprisingly cynical and ruthless move USbank decided to make a "Staffing Overhaul" at all branches and operations centers this week. Claiming to replace "non-customer facing" employees such as Assistant Branch Managers and Teller Coordinators... — read more 

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| 2630 views | | 4 replies (last October 25, 2019)
Post ID: @OP+11GF83tQ

US Bank equal to Sears

Remember when Sears stores used to look like a ghost town 2-3 years ago before the bankrupt? That's precisely how US Bank branches look today. Cecere only wants his golden parachute. A sad story of incompetence.

Go work for their competitors!

I was there 12 years and when optimization plans came out last summer, I saw the writing on the wall. Everyone assured me it would be ok but I saw right through the lies. I left and now am thankful I did but now hearing this happen to many friends... — read more 

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| 1880 views | | 1 reply (October 28, 2019)
Post ID: @OP+11FrPghi

Greed

I don't know who handed the keys to this new CEO and CFO, but they are destroying this bank. At the peak of the recession, under richard davis, promotions and moving up were still alive and well... the lending process was smooth. The new lending... — read more 

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| 3910 views | | 6 replies (last October 26, 2019)
Post ID: @OP+11EYlRqP

Outsourced

Came in to work, it was a good day with light traffic. Then saw a message with an invite for a a mandatory conference call - I knew exactly what will happen, we were all on the chopping block... Anyhow, the entire group of us (IT analysts) will be... — read more 

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| 2983 views | | 2 replies (last October 24, 2019)
Post ID: @OP+11Eww6Yt

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