Especially veterans, of whom many were laid off because they were costly as a consequence of being experienced and established. Note to younger employees: this company doesn’t care about you, so don’t care about them. Don’t invest more time and energy than required to keep your job. When they unceremoniously boot you, you will not have any regrets.
12 replies (most recent on top)
Exactly! You hired me at $X to do a job Y. If you want me to upgrade my skills set so I can do job Y + job Z then you will need to pay me $2X. It's not rocket science!
Similar conversation in RMC.. Talking about upgrading skills sets, and assuming I should be able to do more at my level seems a bit ridiculous. Why did you guys hire people at a certain level and then come back and say you need more?
Wow, sorry to hear that they treated you like a criminal. Sad that’s how they view us, just expenses and possible criminal
Real people first at USBank
@2beu+1uDV7gG9 wow that's terrible. Just awful what this place has become. I'm so sorry.
I’m in operational risk and was let go today, they had corporate security escort me out. Was really embarrassing to have my last contact with the bank be a rent a cop. Manager wouldn’t even leave his office. Called me in, said I was laid off, and pointed to two security guards who would take it from there.
I was laid off 3/23 from dealer services. I only had 2 yrs of service. Totally out oc the blue. My bitterness has not subsided. Being in late 50’s is not good in today’s corporate environment.
The bank has never been known as an organization that pays more than the market minimum for anyone. No front line worker is overpaid.
@chz+1uDV7gG9 That aligns closely with my own experience. For the past seven years, my team consistently exceeded our goals. However, a new senior leader was brought in who lacked leadership skills. Over the next eight months, she ignored emails, missed scheduled calls, and misrepresented our performance to the executive team, falsely claiming a 150% year-over-year increase. It was a clear case of mismanagement, and unfortunately, the organization now feels like a sinking ship.
27 years of tenure mostly with RMC and it has been utterly humiliating how I have been treated in the last six months. Told I needed to upgrade my skills, told I was overpaid, layered, then laid off by the new person who has half of my experience and twice the salary.
The plan to target veterans (I had awareness) too, is one of the most sinister approaches to layoffs ever. Something about healthcare and over-promotion of veterans during past regimes to the point where they were realizing that 90% of vets they bring on have skill sets that are not well adjusted to modern business or that they have oversold their skills. This comes direct from someone who works for the little man who will be leaving first chance they get.
100% agree. (And that’s for any employer who isn’t… you!) My other piece of advice would be to develop a side hustle is possible or think carefully about how you want to spend any windfall that might come your way. Use it to make yourself NOT dependent on corporate America.
So sorry for everyone who got bad news this week.
I totally agree.
Do only enough to keep your job
Don’t volunteer for projects
Don’t work more than y required 8 hours
When they terminate you, you won’t feel cheated
Work hard or do just enough equals same result, a layoff or low salary increase if they don’t lay you off
Meanwhile., all the executives received huge compensation despite the stock price not move at all