Thread regarding USAA layoffs

Here we go ! Layoff updates ?

Here we go

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| 9562 views | | 39 replies (last September 26)
Post ID: @OP+1uFhBXhI

39 replies (most recent on top)

They should at least be honest and say layoffs could happen at any time. I figure morale will jump straight to the toilet, but it can't get any worse than it is now.

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Post ID: @2tbt+1uFhBXhI

I have also heard January for the next round.

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Post ID: @1tfn+1uFhBXhI

What about Enterprise Data Management? That group is a bunch of bureacracy and no results.

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Post ID: @1rju+1uFhBXhI

I thought he was very transparent, what question do you think he dodged? I might have missed it breaking my neck to check this site. 😂

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Post ID: @1zan+1uFhBXhI

As expected, the Bank president dodges the question regarding future layoffs. They already know so why not help us get a jump start on our job search ? It’s so elusive and insulting. I’ve heard January on this forum for next round.

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Post ID: @1egz+1uFhBXhI

I am guessing that layoffs are not done without the CEO's consent, but that's just my guess. Why would he allow this during his final months and taint his name. Or he really doesn't care, and worse, he's saying "come down with me."

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Post ID: @1osm+1uFhBXhI

I agree! They should get rid of the entire Director layer. Terrible group.

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Post ID: @1nuj+1uFhBXhI

Nightmare. Maybe cut the overpaid, clueless leadership who drain resources in so many ways.

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Post ID: @1bxy+1uFhBXhI

Clearly we had to cut employees to make enough budget for all of the executives we hired and their travel 😂

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Post ID: @1ufk+1uFhBXhI

I am so sorry for those being laid off. I wish you the best.

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Post ID: @1bar+1uFhBXhI

The news already reporting spoke some from USAA but nothing or emails to employees

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Post ID: @1hgm+1uFhBXhI

There will be a bank wide meeting/huddle on this in the morning. I don’t expect anything to come from it, but I will watch a little to see what there is the see.

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Post ID: @jhg+1uFhBXhI

For those asking, my manager reached out to schedule a meeting to give notice.

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Post ID: @duu+1uFhBXhI

Looks like bank got hit. I am in the bank and a little scared. I need the pay to take care of my little one who is disables.

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Post ID: @mka+1uFhBXhI

A few layoffs ago severance was one paycheck for every $10K in salary, or a set amount whichever was greater.

Is that still the case, or better yet even better?

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Post ID: @nbw+1uFhBXhI

Just read on Fishbowl - around 600 total impacted

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Post ID: @lwf+1uFhBXhI

You would be told today if you’re being laid off.

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Post ID: @qdm+1uFhBXhI

I really want to be laid off but I did not receive an email notice. Does anyone know if there will be more layoff notifications tomorrow ? If so, how is the layoff communicated? (Email, call from ur Manager, etc.)

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Post ID: @rrq+1uFhBXhI

Any idea as to how many people were impacted?

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Post ID: @thz+1uFhBXhI

Comments are now showing up on internal your-voice Slack channel.

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Post ID: @rbr+1uFhBXhI

Compliance is all I have heard, anything else ?

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Post ID: @jut+1uFhBXhI

Curious what the severance package is for ECIO?

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Post ID: @evv+1uFhBXhI

Notices have gone out. Bank contact center impacted

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Post ID: @cuv+1uFhBXhI

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