What are everyone’s theory as to what is going on in audit?
Sept LR rumors
Just rumors, or do we know it for a fact? I heard it from diff colleagues, but they don’t know anything for sure.
USAA is abusive
How else would you characterize a culture where fear and punishment are legitimate management tools and bullying by management is never punished in any way? I think that's the definition of an abusive environment. No wonder so many of us are looking... — read more
Possible Layoffs Tuesday?
Some chitter chatter on previous posts on this site that there are going to be layoffs tomorrow. Does anyone know what CoSAs and areas within those CoSAs will be impacted?
Bank CRO meeting today
Does anyone know why Seth called a last minute meeting today?
RTO tracking
Anyone know how the RTO reporting works? How many hours per day are you expected to be in the office? Can you just swipe your badge and leave?
Why many IT positions are filled with H1b holders?
Why many IT positions are filled with H1b holders? Many local people are fired and filled with H1b people. I am not against H1b but it should go to eligible local employee then any foreign visa holder. There was no H1b employees as FTE prior to... — read more
A Review of Wayne Peacock as a Leader
Wayne Peacock has literally obliterated every thing he has touched at USAA, with his hair brain schemes. Remember MX? Employees literally HATE him. He single handedly destroyed the best employee satisfaction scores in Corporate America. He... — read more
Alot of aml/fraud promotions were ‘favors’
Rumor going around that the last seven senior positions were pre selected and most were already on the same team. Not cool.
$64M Settlement
Are leaders talking about the settlement? “USAA reaches $64M settlement over accusations of federal violations” Naturally, the company does not admit any wrong doing. Such an honest company. You reap what you sow.
Agile Layoffs in ECIO
Well-placed EMG source in ECIO mentioned that the next round of layoffs in ECIO are planned for September. ECIO is going to target Agile roles, especially those that are remote workers. ECIO sees these roles as providing limited value and even more... — read more
How does USAA get away with firing people so easily?
I know right to work state, but I have never seen this in a "professional" environment, sometimes no PIP is even issued.
ERC Layoffs
Hearing ERC layoffs as soon as mid-August. Hearing overstaffed areas like Shared Services Compliance, ECORT, etc. most likely to be impacted in some way.
HIRING PROCESS
Is a credit check performed as part of the background check for roles hired in audit?
August employee meeting
Anyone know what they’re gonna meander on about tomorrow?
20% work - 80% bullsh-t
I just can’t efficiently work with all pointless procedural steps, million small things that must be done even though they have no impact whatsoever on results, and loss of time and energy to managing managers who are breathing down my neck because... — read more
Any layoffs coming our way?
I would love to take a severance package and run. Half-way through sealing a deal in another workplace, so I’m wondering if I’ll luck out and be able to leave this horrid place in style.
Best place to work for IT
LoL - the best place to work for! You must mean that corporate utopia where dreams go to die, and false hope is served daily with a side of illusion. First, they woo you with tales of flexibility and modern work culture, promising that... — read more
I’m indifferent about layoffs
Leaning towards “just lay me off already”. Not that I expect a better workplace elsewhere in today’s corporate world, but I’ll get to watch other faces being equally incompetent and stabby. Staying for too long in one toxic environment becomes stale... — read more
Horrible, horrible work culture
What the he-l happened to this place?
Is it a good time to move to Bank Fraud? Why are there so many roles?
I’m hearing that there’s going to be 40+ new Bank roles opening. I’m bored AF in my current role, but I’ve been hearing that Fraud has had a huge attrition rate and that they’ll be doing compliance work for the next few years. Will it only be... — read more
No direction
Can somebody please let me know what is our long-term strategy? I can't figure it out for the life of me, outside of "lay off as many employees as you can until you don't have anybody left to lay off."
What is going on with audit services
Lot of change this year alone in audit. Bank head of audit moved out of role, lot of audit EMG departures, and now the head of audit services is leaving. Anyone have information on what is happening? Was there an ethics issue?
Serving our Members
Executives that have never served. Executives that continually give themselves raises in the millions of dollars. Leaders that abuse employees who are also members of the military or their dependents. Very high rates, yet claiming to have very low... — read more
Bank Town Hall
What were people’s thoughts on the Bank Town Hall? Although he wasn’t as funny as Paul V, I thought he did a good job. Just a little depressing to think that things could get worse before they get better.
Quite simply, a real disappointment
As an employee for about 5 years, I have seen a rapid decline in the environment and team spirit at USAA. I have held several roles here, and can say that my recent positions in P&C and ECIO are in toxic groups where you are fed to the wolves, are... — read more
USAA is focused more on quarterly profits than long-term strength
Compliance issues caused USAA to completely pivot away from what made them great and focus on complying with laws and regulations. That was the beginning of the "end." Then Wayne took over and hired McKinsey consultants, who have essentially been... — read more
RTO/ESAT - COI on Board of Directors
Herman Bulls is a Director on the board. He also happens to be vice chairman at JLL "the future of real estate". So how is it, that while there is a record low ESAT at USAA, someone who has undeniable external benefits to filling office space, is... — read more
What happened to USAA?
I've been waiting for years see what made this place great, and yet it's just felt like the titanic in slow motion... What happened??
ER spread thin
With an average of 80 cases a month, of course our response time is delayed. Of course we don’t have the same quality in our calls. Of course we can’t show the same level of service. Of course we are running on fumes. Of course A LOT of good ER... — read more
HR at USAA
Anyone notice all the departures and moves in HR? Same people are untouchable and sent off to development opportunities. Tami - don’t buy what your leadership team is selling. They are the problem. Nothing good has come out of HR in a long time. — read more
RIP MG Joe Robles, Jr. (Ret) former USAA CEO!
Thank you for your service!
HAPPY BIRTHDAY AMERICA!
I'm thankful for our beloved military men and women past, present and future who have preserved our freedom we hold so dear. Thank you for your service and may God continue to protect the United States of America!
Strange
So weird that they want four days in the office even though throughout aml and kyc that teams are soo spread out and managers and seniors are not even in the same building as their teammates. Please make it make sense… Theres a team in aml where... — read more
Any updates on July layoffs?
Any new info as to what we can expect? I'm a nervous wreck here.
Help yourself
Organizational Stockholm Syndrome refers to a psychological phenomenon where employees develop an emotional bond with their employers or managers, even if they are treated poorly or unfairly. This can manifest in various ways: **Rationalizing... — read more
BBRC Executives Depart Following Julie's Appointment
BBRC recently underwent a leadership change, with Julie replacing Jenn Das the head. Additionally, several executives have departed within a few weeks. Does anyone have any thoughts on this situation? To date, the following individuals have left: ... — read more
SLOD in Bank
Seeing a few postings in those areas can someone provide honest feedback if worth looking into? Seems like we would have job security
Interesting article
Bosses are using 'silent lay-offs' and 'quiet firing' to get rid of employees. It could... — read more