Thread regarding U.S. Bank layoffs

Who is next?

Who is going to be laid off next and when? I’d like to warn a few people. Got my walking papers 2 weeks ago.

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Post ID: @OP+1hr5sCme

10 replies (most recent on top)

The numbers came out .... How do you find out if you're fired or laid off? What are the signs?

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Post ID: @itms+1hr5sCme

A lot depends on what the second quarter numbers look like mid July, a big miss and the cuts will start again in August, from various indications, the consultants "One U.S. Bank" has no traction but looks good on paper, as business owners, much like consumers, are very reluctant to place all their financial eggs in one basket. They are looking for the best deal they can get rather than consolidating their finances with a single banking entity and calling that a bargain.

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Post ID: @5khc+1hr5sCme

I'm in a specialty finance group and they keep saying we're going to be using ncino as well... But they keep delaying and have yet to roll out any formal introductory training or guidance. Feels like that just buys us a little more time before the layoffs I guess.

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Post ID: @5jse+1hr5sCme

Has there been any news from anyone "invited" to a call?

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Post ID: @4bhg+1hr5sCme

For those who’ve been “invited” to calls, first of all good luck. Second, if you can share details of what you learn, it would be very much appreciated.

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Post ID: @2qka+1hr5sCme

It’s crazy business banking has literally nothing to do. nCino has taken the place of capes, credit+ functions, CCR duties. I bet many more are layed off shortly. But everything is hush so you won’t know when.

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Post ID: @1hux+1hr5sCme

I am in MN ….I received a call invite as well :-(

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Post ID: @1cnj+1hr5sCme

There is a call tomorrow for managers and Crc for Chicago market

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Post ID: @1sst+1hr5sCme

There is a meeting tomorrow morning for managers and crcs

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Post ID: @1zri+1hr5sCme

Major cuts coming to the Twin Cities staff over the next two months.

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Post ID: @1jjy+1hr5sCme

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