I am an Assistant Manager who has been with US Bank over 10 years. I just accepted an offer for the new CRC role last week. I wonder what the new incentive plan or sales goals will look like for 2020. What have you all heard in your markets?
Topics regarding layoffs at U.S. Bank
The Assistant Manager position was replaced with the Client Relationship Consultant position. Now they are hiring Business-Banking Development Consultants to work in the branches according to the article in American Banker. Do you think those... — read more
If the market makes a turn soon, do you think there will be US Bank Layoffs 2020? Any news or rumors?
Don't trust HR, they send your severance to payroll over a week late, dont pay you for hours that were worked.
Andy had given us laptop, big screen monitor, branch remodel with private cabin, upgrades teller furniture etc. But customers complaining what is the meaning of this remodel when there is no staff in your branch. All cabins are empty and one... — read more
Interesting that these new positions that were created mirrir positions that were eliminated and when tenured employees are applying they dont even get the courtesy of an interview but instead , they receive an email stating they are not qualified... — read more
An email stating your not qualified, but yet you have oeforned the same for over twenty years! Curious to know what the age ranges are for all who positions have been eliminated. Sounds like usbank is using corporate restructuring to remove tenured... — read more
It's really hard for us to accept layoffs after working so many years but better opportunity will knock our door soon. Just believe on yourself and don't look at your past anymore.
Andy has played the smart game. He knows Assistant Managers and TC'S has important role in the branches and he laid off them which will effect the Branch Managers because now BM have to do both jobs until they hire CRC Positions and after hire CRC, ... — read more
We are the one who is bringing sales, revenue, profit for the US Bank and they laid off us. I understand banking is changing and everything is digital but this is absolutely wrong way to eliminate us. Opening new position and not telling us base pay... — read more
As a assistant manager who had been with the company over 16 years I’m scared the new client relationship consultant role won’t pay comparable since I was already at level higher than others in our market. Anyone else received feedback of the highest... — read more
There you go: 8 days ago · U.S. Bancorp is eliminating thousands of branch workers as it adjusts to changing customer preferences, according to a person briefed on the decision. The cuts will be in the low thousands, the person said, asking not... — read more
This doesn't make any sense. Why the big call and layoff scare if they are just changing the position name. Most AM I know will most likely get the new role same pay and same hours. Its just a lateral move. What are we not seeing that is coming down... — read more
Usb takes away your job and then forces you to train others to take your position. How emotionally manipulative can these people be!? I feel disgusted to have to ride out my time as one of their chess pieces until I get my severance. Emotional and... — read more
US Bank CEO want to put all money in his pocket. I wish he face the same thing as Wells Fargo CEO gone through. US Bank CEO only believes in numbers. Forcefully pushing employees to meet their sales goals. I wish him a BAD BAD Luck. He has... — read more
While hard working people at the branches are being ripped off their benefits (shifting them from full time to hourly) to save money, all the SVPs and royalty in HQ are alive and well enjoying their lattes before attending worthless meetings to talk... — read more
Once Richard left and Andy took over the sink began to sink. Under Andy, this company’s business model revolves around everything that happens at Chase. “Customer Obsession”, “Digital Engagement”, “Regional Executive”, “Cluster Leader”, “Community... — read more
Ask yourselves and ask whoever you want when was the last time Cecere and JVG stepped into a branch in southeast Minnesota or mid Wisconsin and talk to the staff. They look at their branches through spreadsheets and profit and loss statements.
3 months afer being let go and taking severance, the project that we were working on TANKED and I was contacted by my former mgr to come back through a contractor to help right the sinking ship. So, I was hired back as a contracted emp, for WAY more... — read more
They care nothing about their employees nor their customers!!! I get so frustrated as a customer trying to conduct business with them. They are making it more inconvenient for us, the customer. They are trying to lose touch with there customers, the... — read more
Automation in. People out. There's just about nothing a person does in a bank that a computer can't do, and frankly, do it better. Bankers have never been known for their winning personalities, to the contrary actually, and so these changes are... — read more
Make a mistake and your job will end. ..no write up nothing. Not 1 minute over your given tine..even if you HAVE TO WORK Thru lunch..made to get rid of time by leaving early. No concerns about the older generation. Care nothing about employees... — read more
For those of us Assistant Managers choosing to stay in one of the new roles they created - are you worried how long the process will take and if they will get it done in time by the 12/20 deadline so we don’t loose our seniority? Are you all... — read more
The banking sector is in shambles right now - I clicked on the first four related companies at the top of the page and now I wish I hadn't. It's just as bad if not worse than here wherever you look. Where does that leave us? Where are we supposed to... — read more
US Bank repurposed the assistant branch manager role because they no longer have operational, non customer facing duties. If your friends were just hired/promoted they still have their job with a different title. No one was walked out the door-they... — read more
Question Us Bank just posted almost a 1,000 positions across the country called a customer relationship consultant and many assistant managers in our area are applying. I have heard there are 4 levels but does anyone know if this will pay... — read more
Got rid of tellers and branch managers (first point of contact to customer). Want 75-yr olds to understand how to use your c-appy website and c-appy mobile tools? Everywhere from Anne M Janke to J Bilden to S Levang, all incompetence and no positive... — read more
Clean up your resume and interview like crazy. Time things wisely. Get your severance and get ahead of everyone else. Remember nobody will care about your career as much as you will. Nobody owes you anything. You owe a better future to yourself and... — read more
In a surprisingly cynical and ruthless move USbank decided to make a "Staffing Overhaul" at all branches and operations centers this week. Claiming to replace "non-customer facing" employees such as Assistant Branch Managers and Teller Coordinators... — read more
Remember when Sears stores used to look like a ghost town 2-3 years ago before the bankrupt? That's precisely how US Bank branches look today. Cecere only wants his golden parachute. A sad story of incompetence.
I was there 12 years and when optimization plans came out last summer, I saw the writing on the wall. Everyone assured me it would be ok but I saw right through the lies. I left and now am thankful I did but now hearing this happen to many friends... — read more
Does anybody not see anything wrong with that???
I don't know who handed the keys to this new CEO and CFO, but they are destroying this bank. At the peak of the recession, under richard davis, promotions and moving up were still alive and well... the lending process was smooth. The new lending... — read more
Came in to work, it was a good day with light traffic. Then saw a message with an invite for a a mandatory conference call - I knew exactly what will happen, we were all on the chopping block... Anyhow, the entire group of us (IT analysts) will be... — read more
Happened today, my husband was laid off after 10+ years with the bank. He's crushed. Good luck to all of you who are still there. For all people that got laid off: my prayers are with you. Good luck!!!
What departments and/or locations were hit today?