Has anyone else heard of layoffs before October new quarter? Like this week layoffs in mortgage
Andrew Cecere, you have pocketed millions by putting thousands of Americans out of work. You have presiding over a bank scandal. You have created an unprecedented toxic environment of fear among employees with greed and obsession with outsourcing to... — read more
No one can convince me that cutting excellent employees is "cutting costs." I would rather say that it is a heavy loss for this place, because it is difficult to attract such people. A significant cut cost would be if they finally started to cut... — read more
The Fed raises rates and overnight the bank updates/adjusts all accounts. The bank's pay increases take a quarter of a YEAR before they go into effect.
Does anybody know more about layoffs that happened (or supposedly happened) yesterday? Is there any way to know if the cuts will continue today and which areas will be affected? I hate having to worry about cuts 24/7 but I guess that's how things are... — read more
Return to office will be announced within the next two months. At first you will be asked to return one day per week. End goal is to have you in the office three days a weeks minimum. Layoffs might be slowing down but the push to get employees to... — read more
Does anyone know if USB has a policy regarding giving notice?
There is a lot of speculation about RIFs, but it is difficult to say which departments could be affected or what could be the scope of cuts. Perhaps someone has insights, although I'm still a little hopeful that there won't be any cuts at all.
Team is overworked with a HORRIBLE manager. Constantly creates busywork with no direction on projects that never go anywhere. Treats employees with no respect and allocates work unfairly creating a toxic work environment with a very unhappy team... — read more
My manager keep updating and changing my day off and notifying us a day (Saturday) before the week scheduled, normally my day off is on Monday’s so I Normally plan and set up my day off to accommodate my kids appointments (daughter is autistic) and... — read more
US Bank has expanded its Small Business Specialist presence. Will be adding many more of them. Decided that is where the revenue is. Big tactic is to pressure businesses to give as many of their employees as possible company credit cards. ... — read more
Going to get ugly soon. I warned everyone twice before and was spot on both times. Hate to be the bearer of bad news, but take my announcement as an opportunity to get out before they kick you out. Peace!
Mine insists on a one hour team meeting every week, 30 min 1:1 meeting weekly, on top of 3-5 1 hour weekly meetings to discuss things that could’ve been done via email. Even books meetings on a Friday afternoon cause he has nothing to do and wants to... — read more
Any rumors on layoffs within payment claims services? I’ve heard the transformation team is looking to make things more efficient so I’m wondering what that will all entail in the end.
I didn't come here that long ago, but it already seems to me that I made a big mistake when I accepted the offer here. My fault. The atmosphere is terrible and it seems as if nobody is happy here. Were there many periods in the past that were... — read more
Of course, no job can ever be 100% safe, but those who keep saying that we should always have this in mind, I think they are exaggerating a bit or are more anxious by nature. I still think that some jobs here are much safer than others. What do you... — read more
Was recently laid off. Saw it coming and was actively interviewing before I was finally told. Now have a MUCH better job, better benefits, etc. If you’ve been severed or are about to be, have faith. It gets better. If you’re still there, know you... — read more
Has anyone else who is hybrid gotten notice that their department will be working from home until further notice starting in October?
Does anyone know what the salary and bonus is for Business Relationship Manager. I want to apply. Don’t want to waste my time if pay is not good. I heard US Bank doesn’t pay well.
Some here write that there were layoffs but there isn't any further information.
Getting rid of excellent employees but keeping mediocrity, what does that say about an organization? This tells me that the leadership does not have a vision, that they do not care about the future of this place, and that we can only expect things... — read more
Since the latest layoffs and losing more team members, the amount of work we're expected to do has become unbearable. All I do is work, eat, and sleep. I have no time for anything else. Or if I get some time, I have no energy to do anything else but... — read more
Saw a post on here- anymore info on layoffs tomorrow 8/17? Who is affected
I got let go after more than 15 years, top performer, no warning or explanation. Whole team gone. I was devastated, I gave them my best years. Don't give USBank your loyalty. They will give you nothing in return.
Do you think processors will be let go this week? Retail go an email stating 40% drop
This bank is a disaster
Any layoffs in information security? Relatively new to company, less than 6 months, and am a little concerned with everything going on.
Does anyone else think the multiple mortgage calls week after next are something we should be scared of?
Anyone know if there will be layoffs within payment services? Specifically for the claims department(s)? I’m wondering if these processes will be outsourced over seas with the reorg.
I think it's time to look for a new job when the very thought of going to work fills me with dread and anger.
Team moved to another org in mortgage months ago and our official org in workday is still TBD….my managers kind of a useless id--t too so I’m thinking I’m sh-t out of luck and our team is likely up for elimination. Anyone else in this situation? — read more
I sincerely feel sorry for all those who are still making enormous efforts, believing that it will be appreciated and that they will save their jobs. In the end, they are dissuaded only when they are laid off unfortunately. Perhaps once upon a time... — read more
The main cost-cutting goal has been achieved, so I think they'll switch to micro-cuts that fly under the radar from now on. They'll hit one team this week, another group the next, cancel a project or two...things like that. Just constant surgical... — read more
Really not surprised that US Bank would violate their own agreement and not pay the severance on the date they stated they would in the agreement, but how incompetent are these people? If anyone was going to mess this up, it was going to be these... — read more
It seems like managers who get low scores across the board never seem to be reprimanded in any way. I had the misfortune of joining a team with a terrible manager with zero leadership skill who can only be described as a bumbling id--t. The guy has... — read more
Does anyone not give sh*t about their job anymore? It’s a shame to see the hardworking get laid off while so many of the incompetent remain. Doesn’t matter how well you do, the only ones that seem to do well are the ones permanently attached to their... — read more
How many of you have taken the TTUS and answered those questions about advancement and do you think there is open and honest communication? People are nervous. People are taking positions created in February as advancement only to be told in June... — read more
Head's up if you purchased vacation and didn't use it before getting terminated...reimbursement is supposed to show up on the final paycheck (separate from the severance payout) but it wasn't on mine. Accrued unused vacation was there but not the... — read more
I'm at once worried that I'll lose my job but I'm also worried about how my job will look if I stay and a bunch of people on my team are laid off. Either way, I'm screwed. I either have to look for a new job or I'll most likely have so much work... — read more