Thread regarding U.S. Bank layoffs

How many people are looking for a new job after compensation convos?

I actually had to stop myself from bursting out laughing when my manager that the focus this year was compensating individual contributors....1.5-2 percent raise and 40-60 percent of target bonus?

Did any of the c-level execs also make less this year? Not with those stock buybacks...

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Post ID: @OP+19yhVTPM

6 replies (most recent on top)

You can’t be this dumb. The performance of the company is public knowledge. We took a 33% profit hit that DEFINITELY wasn’t planned for considering COVID hit during the fiscal year. Are you really surprised that you got an approximately... 33% cut in bonus? Whoa what a surprise. Some people are so stupid

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Post ID: @nvyj+19yhVTPM

The participants here that write about USB being a lovely and caring company where they hope to spend the rest of their careers need to wake-up some and look around. USB was once that company but is no longer. The very poor management has left USB in the technology dumpster. They are an old company, led by old management who care only about their position and their compensation. When you think to yourself, what will Retail banking look like in 5, 10, or 15 years, do you really see USB being a part of this revolution? Really? This management? Looks more like Sears, Kmart, or Blockbuster. Dying a very slow death. Each year announcing more and more closures until they go away, unnoticed.

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Post ID: @4kdz+19yhVTPM

Meh, the bonus cut is a moral green light to work two jobs at the same time (if you're remote).

Why quit if you can double dip?

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Post ID: @3frs+19yhVTPM

Totally agree about AC below.....he's a heartless phony rich piece of c-rap

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Post ID: @2nlg+19yhVTPM

Me of course.

F— Andy Cecere and his dumb minions

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Post ID: @1cfw+19yhVTPM

Can't wait to hear if individual contributors get told a different story than the one above regarding their own paltry raise + bonus. And around and around we go...

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Post ID: @1afo+19yhVTPM

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