Thread regarding U.S. Bank layoffs

Elavon Appears to Getting Spinned Off in EU

Elavon is already a good brand in Europe. Writing on the wall look like American Elavon is going to quietly fold into US Bank Payments with US Bank leadership

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Post ID: @OP+1hQJmoi6

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There is more behind the top revenue officers departing, non business related.

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Post ID: @iqbq+1hQJmoi6

Uh oh, more turnover at the top of that business line, not good

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Post ID: @hxqr+1hQJmoi6

Elavon's top two revenue officers have resigned and will be leaving before month end per notice published and widely circulated outside the company. Two officers charged with integrating payments and banking in the "One U.S. Bank" speak. Their resignations cast significant viability concerns to integrating payments and banking mantra.

300 front line and middle management payments people were let go in July without so much as a mention and leadership conducts business as if nothing has happened.

We'll something just did with revenue leadership.

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Post ID: @hngt+1hQJmoi6

Elevon is a laggard in the US because it is run by bankers

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Post ID: @arii+1hQJmoi6

What EU acquisition are you referring to?

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Post ID: @3ani+1hQJmoi6

They have been trying to finish the acquisition but have botched it, like they are notching up the UnionBank acquisition.

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Post ID: @3ram+1hQJmoi6

Is this insider knowledge or educated speculation?

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Post ID: @ypo+1hQJmoi6

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