I guess HR doesn’t like being called out when they let a high level ECA member getaway with creating a hostile environment and embarrassing themselves and subordinates in group chat and committee meetings( you didn’t think people wouldn’t find out) ... — read more
MUFG Layoff December 2024
Are more folks getting their layoff notices in December? Rest over the holidays and cross-fingers for a better job market in 2025 if that's your plan. Merry Christmas.
MUFG Layoff November 2024
Curious to know the numbers?
MUFG Layoff Aug 30 2024
About 30 remote employees were laid off on Friday Aug 30th. Management insists on keeping quiet about it.
Whata Joke
What a joke. Alla getting nominated for an Orbie. She has not demonstrated any decent leadership, just bullying those that she does not like or those that are smarter than her. I am guessing our dear O. Brown head of DEI spent some money and a lot of... — read more
Former UnionBank Teammates
Whatever happened to the folks that went over to US Bank as part of the sale of UnionBank? There were a lot of smart folks who knew how to get things done. Technology, UB leaders, etc. Would like to have them back .
What do we know about RTO?
I mean, there is a lot of gossip, but I don’t know anything for sure. Some of the RTO conditions I’m hearing might be in play sound rather designed for attrition purposes. Anybody have any reliable info? I’m definitely not looking forward to it. I... — read more
Just wait until return to office hits!
I'm hearing that they'll require people to RTO even if they live 2, 3, 4 hours from a location, and if they say no- goodbye. They'll replace highly talented people with people with far less experience and talent, simply because they live close to an... — read more
Do we know the numbers?
There’s a lot of talk about continued layoffs after the July wave. What is the headcount target? I frankly don’t know which is worse, big rounds or the stream of stealth layoffs.
2024 - Death by a 1000 cuts, employee cuts, a few at a time. You won't even notice.
SLY BUT EXPECTED: You will see a few people let go at a time to prevent splashy news headlines. You will see a focus on cost reduction like merging data centers, which is wise for any company. OTHER COST SAVINGS - HOWEVER: HR is told to... — read more
How long will the first of the month happy dances persist
Any insight into how many more months do we have to look forward to the first week of the month = more cuts?
Why Would You Want To Stay
Look at the folks leaving or being let go then look at the execs still here and ask yourself, why would I want to work for this bunch of id--ts. ECA is a cluster and even worst with the CIO from failed SVB hiring more failures from SVB. But really... — read more
2024 wave 3??
A few colleagues in California had been letgo today (4/16). They have different Corp titles and are all given same-day notice (45-day notice period with zero work expectation during the period.) So they are all goners by EOD. That's cruel. Anything... — read more
DEI
Is it me or is all that our Global DEI exec does is to post a bunch of , MUFG is proud to celebrate( fill in the ethnicity). Wow, we are knocking the door down on DEI. Do we need a global exec to post celebratory content and pretend we are... — read more
Twister has Started
Well Yippee Kai Yay !!! Well Folks are being notified of either job eliminations or jobs moving to Tampa or Tempe. Monterrey Park will be No More. Dallas, good bye. Get ready for the buddy rodeo where buddies will look after each other. When in... — read more
Home Office
Never thought I would say this but I wished Home Office really took a hard look at the ongoing ma here. The ECA is horrific. MT, BG,CD, KC and the newbie AW , CIO are just jackals in a pack. Their 1 Downs are just as bad and the favoritism is... — read more
Tampa!!!
Wait till all the gushing stops in Tampa, when they hear of all the layoff from MUFG. Also when people learn how toxic and dysfunctional the executive leaders are.
Anybody from Monterey Park Data Center or office getting the lay offs?
It's an emotionally "draining" experience to wait and see.
Crystal Ball
Remember that time when one of the ECA members said for folks to update their resumes or something like that? They must have had a crystal ball because folks should be getting their resumes ready. Big cuts are a coming.
MUFG Americas- The Short Yellow Bus
MUFG Americas is the short yellow bus with 3 flat tires rolling down the road to a ditch. If you are thinking about joining this mess , think again. Especially if this is your first job, it will taint you for a long time.
New CIO
Well another CIO, this one from the failed SVB . So far just another bully. Hope this one goes faster than the last 6.
Who was the Genius… ?
So it starts , shutting down a low cost region, Charlotte , Keeping a high cost region NYC, moving jobs to Tampa, Tempe. 2 regions with high costs, droughts in Tempe, Home insurers leaving Florida, Less talent in Tampa, Florida politics trample... — read more
Samari Sword Coming
Everyone get ready the sword will be coming for your heads. Unfortunately it won’t be aimed at the right heads .
MUFG Americas- A Joke
The Exec Leadership here is a joke. They will be happy to throw each other under the bus. They have no clue how to build a culture, The CEO packs his directs with Yes people. Just look at the CFO, he just rides Kevin’s coattails while not having a... — read more
MUFG layoffs 2016
A ton of rumors, nothing confirmed. Sit tight.