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. This is absolutely wrong way to run. CEO is making 14 millions per year and he don't care for our few dollars. He need to understand we run our house with hourly salary. How he can sleep in the night after destroying innocent middle class families houses. I am not saying don't change the structure but they way he is doing is wrong.
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I was affected by the mass layoffs after nearly 20 years. I was extremely busy working on existing and some new deals that more than covered my salary. Now they are giving my accounts to two new flunkys for 1/2 the pay. upper Mgt. and Exe's only care about bottom line and "shareholder value", and bonuses to line their pockets. Ever since RD retired, things have gone downhill. HR has always been a joke. Watch your back, it will get stabbed.
Rioters/Looters burn and destroy banks/businesses, then they say they want to "invest" in these communities with 10's of millions of dollars, and then layoff the middle class law-abiding worker. Good luck getting your money / investment back. Let me know how that turns out.
The new roles are not being filed by internal candidates either. With or without proven sales records.