Thread regarding U.S. Bank layoffs

All Employees Will RTO

Just heard in passing that the new rumor/plan is now for all employees to return to office over the next year.

Objectively, this is a total slap in the face to both new hires told they'd stay fully remote permanently, and those who were told the same who were in office pre-covid and then told they'd be permanently remote - and have now moved away from 'hub spots' (Shows how highly they think of us if we don't know that they're calling them this so it doesn't feel as bad to say 'Office') with their families. Just imagining the management conversation where someone said "I have a great idea, we'll call them 'HubSpots'!" and then the other people in the meeting going "Oh yeah great idea that'll work!" is so funny, I almost laugh at that visual in my head.

Employee moral is declining faster than our earnings are dropping. How do you boost employee performance in a tough time financially? Ki-ling moral / upsetting them by forcing RTO? Smart move for sure (not)!

Sure, we beat Q1 Earnings estimates, but rev. + earnings are still down sharply YOY. Even though I am not in favor of RTO, I understand that this "Well, we have to do something!" attitude is, at it's core, just basic human nature in response to something going bad. Only that something is not a direct cause of the issue (larger market conditions are), and gets employees to start applying to other jobs, which maybe they want to avoid 'layoffs'.

Now, they're in too deep to reverse course, because that'll make them look indecisive. The snowball/avalanche that is RTO has started rolling down the hill and there's no stopping it now. I'm out.

This is all just allegedly, and speculation, of course.

Anyways, cheers!

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| 3099 views | | 28 replies (last May 2)
Post ID: @OP+1s6rmgeh

28 replies (most recent on top)

@eqbu+1s6rmgeh

I'm sure their response would be to argue that it is confidential...that they cannot link the responses to the employee...but that they can tell who hasn't taken it. I have been ignoring it and they have gotten really aggressive with reminder emails.

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Post ID: @evfd+1s6rmgeh

Isn’t it supposed to be anonymous? So how do they know if we took it?

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Post ID: @eqbu+1s6rmgeh

Is anybody else seeing participation with TTUS survey is part of workday goals now? Leadership is getting desperate.

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Post ID: @eidx+1s6rmgeh

Agreed, they should be honest and straightforward, treat us like adults. Now it looks like they are hiding something with the constant change in RTO reasons and policy.

Be honest, please. And stop rolling out cr-p when you don’t even have a plan

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Post ID: @docj+1s6rmgeh

The excuses are just that, excuses. Collaboration is debunked with teams spread out throughout the country. "Working together." Let's be honest, very few will ever interact with others outside of their departments. "Data security" is even more laughable.

This is a very tired topic though. Whining about it is not going to do anything. Posting on this message board, in responding to TTUS with complaints, asking questions on all-hands calls, etc. is fruitless.

Leadership knows this isn't popular and doesn't care. They've made that clear. It's a "too bad, so sad" mentality. They've said without actually saying, "Find another company to work for if you don't like it."

I wish leadership would cut the BS, treat us like adults, and give it to us straight as to the actual reason behind this RTO push. There still will be unhappiness, but actual transparency and honesty would be nice.

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Post ID: @dwas+1s6rmgeh

The excuses for having people go back to the office are so nakedly pointless. The team I'm a part of is scattered all across the country, I may see 1 coworker if they make us all go. We're all just going to be talking to each other on Teams, what does being inside a building with the company logo on it accomplish?

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Post ID: @9dtj+1s6rmgeh

I was hired as remote in 2017. Moved to a different state with permission in 2020 pre-pandemic. I’m a manager and I will take the hit in my performance if my team doesn’t RTO. I will continue to fight for each of them because it’s the right thing to do. Find me one person who is better off after RTO.

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Post ID: @8rck+1s6rmgeh

@8nul+1s6rmgeh We’re not the ones putting managers in a hard spot, the so called “leaders” in the managing committee are. They’re the ones making these id--tic policies.

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Post ID: @8ksr+1s6rmgeh

Worst thing that’s going to happen is a low raise and bonus, at least till 2026. Then I will RTO when they threaten to terminate me, in 2026. I will be retired by then anyway. Maybe they will lay me off and I get severance. 30 years with bank, so 1 year of paid is nice.

Of course, USBank wants me to quit so they don’t have to pay severances

The more people quit, the less severances and they can tell shareholders they reduced expenses

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Post ID: @8iwy+1s6rmgeh

Whose cares about my manager. They hired me as a remote employee. If they want me to come in then we can renegotiate my contract, if not I stay wfh till they do something about it.

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Post ID: @8qdj+1s6rmgeh

Totally understand the argument for those that were hired as remote. To those that hold out, just know that you're putting your manager in a tough spot. You may not care, but as I understand they will be held accountable for your actions.

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Post ID: @8nul+1s6rmgeh

I am not going in either. I don’t care about raise. 2 percent raise doesn’t cover cost of commute and 3 hours of my life wasted commuting. Remember, it’s very hard to fire someone, so they have to do mass layoff. You will probably get a low rating and a warning for your annual review next year. So it will be another 2 years before they even fire y since they have to put you on a performance plan and no manager likes to do that unless that employee is toxic and isn’t doing the job. I plan to do my job, at home like I have been for the past 2 years when I was hired as remote.

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Post ID: @8lzt+1s6rmgeh

I am just not going to go in. Will post if I ever get fired or they refuse my raise and bonus.

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Post ID: @8mia+1s6rmgeh

@7gfj+1s6rmgeh
Ivanti or VPN connection is encrypted. Bitlocker has been installed on your computer, so that is encrypted.

But you're right... India has rampant job fraud, certification factories where you can basically buy a degree, and even has issues with employees taking pictures with phone cameras and selling information on USB sticks online for money. The risk from India is far higher than they make it out to be.

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Post ID: @8ahu+1s6rmgeh

@7rit+1s6rmgeh

That is very naive. They don't care if satisfaction falls. They only care about survey engagement. It is likely used in some kind of benchmarking and U.S. Bank cares a lot about PR (it is all they have, everything is a mess). Which is why they get upset when people don't take it.

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Post ID: @7ixp+1s6rmgeh

@grp+1s6rmgeh

"Just a reminder to ignore & delete the TTUS survey when you receive it. Don't even open the email, simply delete."

I disagree. I think it would be more beneficial for HR to see that the satisfaction scores are tanking and more people than ever are pi---d off due to the number of people taking the survey.

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Post ID: @7rit+1s6rmgeh

Slow rollout while they continue to offshore more jobs to India, Poland and Philippines; while hoping that more people will voluntarily leave avoiding severance payouts.

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Post ID: @7sjl+1s6rmgeh

The consultant told Executives management that if you work 5 days a week from home, data is not secure and could be stolen by hackers, but it’s totally safe if you WFH 3 days a week.

Also, data is very secure oversea where we outsource many of our work to remote worker because hacker can’t reach oversea.

It’s totally makes like totally sense. Totally dude

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Post ID: @7gfj+1s6rmgeh

So only MN have official RTO requirements and they are testing The 3 MN hub before it’s rolled out to other hub, with no timeline?

So why all this about you must return to office immediately stuff when many of us don’t even know where to go or sit. I asked my manager and she doesn’t know other than we are supposed to be in office.

And what happened to we can’t let you WFH because of data security? That’s was the big reason when they announced RTO, now you don’t hear about data being stolen because we WFh

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Post ID: @7idg+1s6rmgeh

they are totally winging it, the worst i have seen at a company of this size. Company still shows people as WFH, but they same the opposite. Mgnt is now saying there are 3 hubs in Minneapolis Hopkins, Downtown MPLS, and EPoc but not updates to the official info provided by upper mgnt. Just a total cluster F going on within this company. They don’t do company wide a survry any longer, send to a select few each quarter I guess to control the narrative and lie like the majority loves their job, when only a small select few actual gave feedback of the 70k employed there.
Signed…. Time2Unionize

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Post ID: @7aqt+1s6rmgeh

Maybe it will keep them off of Reddit posting all day, and reduce the number of employees that companies are paying to not work?

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Post ID: @nua+1s6rmgeh

Did you all see results of TTUS survey? It’s like they just ignore us even after everyone voiced concerns about RTO.

So what do they do? Everyone goes back to office next year after they find spaces for body.

If there’s no space, you are gone. This week, they got rid of people in Houston and Los Angeles since there’s not enough cube when they force everyone RTO.
I heard Boston got hit too?

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Post ID: @cyx+1s6rmgeh

This bank is such a trash heap. EVERYTHING is dysfunctional already. After all the recent layoffs, things will get even uglier.
Just a reminder to ignore & delete the TTUS survey when you receive it. Don't even open the email, simply delete.

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Post ID: @grp+1s6rmgeh

Seriously? I thought they cared about us mentally. Have to deal with all that cubicle noise now.

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Post ID: @rpe+1s6rmgeh

This is news comes as no surprise. Anyone working remotely and nowhere near a hub market is going to have a rough go of it. They want attrition and the RTO strategy is a good way to quite layoff. They need to be more accommodating on the days in office. Are there even enough workspaces to accommodate the increase of people in offices.

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Post ID: @kbf+1s6rmgeh

They are being "accommodating", to an extent. I think the return push is quite large, but I will say that I know of teams who have had exceptions granted. Of course, this could all change, as it has been for several months.

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Post ID: @ytm+1s6rmgeh

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