Topics regarding layoffs at USAA

Topics regarding layoffs at USAA

Thank you. Again

To the person(s) that keep being SO ACCURATE with layoffs, org changes, and timing. Thank you 🙏🏻. You help the rest of us plan appropriately. Support our teams. Give our clueless Directors and managers a heads up so they can better position and... — read more 

Great support: Read prior posts.

Love that we can support each other here. So many questions to answers. Hey can we make some ground rules? No more rants about WARN. There’s a 80 comment thread. It’s been best to death Questions about severance: see go/HRSC or go/hr search... — read more 

How are the Layoffs looking?

Are they targeting recent hires or whats the criteria? What's severance/health insurance looking like? We were just celebrating how many hires we got trained at the same time last year smh. I'm afraid it's not a matter of 'if' but 'when' at this... — read more 

Third round of layoffs?

Do we think there will be another round of layoffs in 2023 and if so when? Last year they had another batch in August.

Sinking fast

Started at USAA well over a decade ago. It was a company I dreamed of working for. It was HARD to get an interview. I felt like I hit the lotto. The mission was amazing and I was here amazed at the culture. Made myself stand out just by my work... — read more 

My call went to India, and that's when I knew

As a 22-year member of USAA, I am so sorry to hear of the layoffs happening at this once-great company. I submitted an Auto Claim last week, and the first indication was the claims website had an error. I called yesterday, and my call went to... — read more 

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| 2490 views | | 10 replies (last January 14)
Post ID: @OP+1mE5QiyR

Layoffs happened in AML SLOD

Super weird meeting where the head honcho was reading from a script telling us that people got laid off in AML SLOD. No names or teams were shared in that meeting, to protect the innocent. No chit chat, just straight to the script, and ended the call... — read more 

Dispute layoffs

Whole team just got laid off. In disputes. Stated they are cutting our roles.

No trust at all

This has become a horrible workplace. After so many terrible leadership moves, I have absolutely no confidence that they know what they are doing. Does anyone trust them anymore? I doubt it.

Crying Bank Teller

Does anyone remember the first RTO meeting in early 2022 when there was a bank teller crying about having to WFH and was so happy to RTO? I heard Wayne promoted her to be an EVP right after that performance.

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| 1420 views | | 3 replies (last May 17, 2023)
Post ID: @OP+1mEsEC1c

How are you being notified?

No word about layoffs in my group as of yet. How are notifications arriving? Is it an email, 1 on 1, or something else?

Wayne’s response

We all worked in office pre-covid! Yeah, and pre-covid we didn’t have record high inflation and gas prices weren’t this high either. So, instead of being a leader in the industry, he is being a follower by saying other companies are RTO. The mission... — read more 

5/16 Layoffs

Thinking about everyone today at USAA. Mark yourself “safe” or “impacted” from today’s events and your areas. I haven’t heard anything myself yet and I’m in the Bank. No news is good news.

How did we get here

Here's a repost from EJS-like site: This might be a good time for a history lesson. I’ve been at usaa for more than 10 years in P&C Claims. I can’t remember exactly what position Wayne had when I started but it was Executive Director level or higher... — read more 

Tank the pulse surveys

It will not impact our bonus per Wayne today but it will impact leaderships Do it u chickens

Managing by fear

I can't wait to get out of here. Management seems to be reduced to exploiting employees' fear of losing their jobs. Do they know how to manage in some other way? It's disgusting.

Fired or laid off

Can people who decide to completely ignore RTO be fired or will they be laid off? There's a huge difference between being dismissed without anything and being laid off with severance. If it's the latter, I'd be more than willing to take that risk... — read more 

Tamla - The Empty Suit CHRO

It appears that Tamla likes to have HR folks come on this board to censor posts associated with her name. I wonder if Wayne or the BoD are aware of how she is wasting company resources doing that. So I will keep posting messages like this and links... — read more 

Hearing Layoff Chatter for Next Week

I’ve had multiple, credible sources tell me to expect more layoffs early next week. Anyone else? My management has said more layoffs are on the horizon.

Bob Davis Is THRILLED!!!!

He won't go down inhistory as the worst executive at USAA. Wayne and Tamla are currently fighting for that title. Who would have though that USAA could.have hired a senior executive worse than Bob Davis. The current BoD said..."Hold my beer. It's Bud... — read more 

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| 1544 views | | no replies yet
Post ID: @OP+1mAsC7JK

Quiet Quitting While RTO At USAA

My plan is to quiet quit in the office so I can grab one last juicy Christmas bonus and yearly bonus in February. Thanks Wayne!

Boycott Town Halls

Nothing, and I mean NOTHING will get under the skin of leadership than to know the entire building is filled to the brim with employees RTO and to see Robles auditorium half empty. Can you imagine how bad it would irk these narcissists? Seriously... — read more 

False Promises at USAA

UsAA executive leadership has told employees that there is a form to file exceptions so you can be allowed more flexibility for remote work. That web page and specifically the form have been non-functional this week since being released on Monday... — read more 

New RTO Requirements

New RTO requirements are in the works including moving the 4 day RTO date to earlier in 2023. Additional requirements and changes are being discussed by Wayne and Tamla. The information has started to be discussed with EMG.

In Focus: Team Salary vs. Size & Value

Rapid shift this week. Direction to review teams with bloated salaries. Holding leaders accountable. PME, PIP, early retire, remove role, remove entire teams of high salary employees/teams (reduced bonus & merit). Massive reduction in Leads across... — read more 

As expected, RTO makes the execs "feel good"

The edao town hall today pretty much said it all, Ramnik is way out of touch with the general workface. He likes the "energy" of everyone in the building, employees' feelings, feedback and thoughts be damned. It's not data driven at all, it's about... — read more 

is credit card safe from layoffs?

anyone heard anything if retail banking, especially credit card safe from layoffs? Leaders sounded not to have a definitive answer and keep saying they're trying to cut the costs across in order to prevent any layoffs.

AML next in line for layoffs?

I keep seeing rumors that AML will be the next area to be impacted by layoffs. Normally I don't pay attention to rumors but so far the ones I've seen on here have been spot on. Does anyone have details about this? I heard that the area is way... — read more 

Hireright background checks

Apparently, there is a large portion of people that will be subjected to background checks (employment, criminal, education and credit) coming up and every 3 years there after. They really are just building excuses to get rid of people for any... — read more 

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