A big mistake I see is the decision to bring in new managers who don't know the job. "You were good in leading that department" does NOT mean they will be good in a completely different department. Then it's like having a newly-elected mayor coming... — read more
Topics regarding layoffs at U.S. Bank
“Customers’ banking preferences and behaviors are changing, influencing how and where we operate,” stated Keith Lawson, US Bank district leader. “As a result, we are consolidating some of our physical... — read more
What’s with the hiring rampage? Are people dropping like flies cuz the place sucks?
Feel so liberated, happier, stress free at new place. Oh and other companies have better benefits too. This chump ceo is running us bank to ground
The "One US Bank" corporate mentality is absolutely destroying the bank's fee business lines which must compete with the myriad of non bank disruptors, nimble fintechs and emerging competitors which do not have to act, operate or report like a bank... — read more
I just received word that they "miscalculated" my severance and I will be getting only 25% of what they told me initially-and possibly even less. It's been over three weeks since I was informed of my layoff and my last workday was last week. ... — read more
I am fairly new to US Bank with less than a year employment. I’m curious to know what are some of the worst decisions the company has made that you feel have been detrimental to its growth or sustainability? And do you think the currently implemented... — read more
I work in Minnesota, metro branch
Someone’s comment that our technology is stuck in the early 2000s made me chuckle. It’s actually a sad reality. I understand that these are sensitive things, but I don’t understand why there is no motivation to improve technology. I am afraid that... — read more
The well is already poisoned at TOS and the entire organization. One bad and toxis person moved to a leadership position can cascade negativity and incompetence all around. There is your root cause.
Perhaps this question is a bit naive, but I have a feeling that no one is happy here. The work here is a means to an end and there is no fulfillment of any kind. It makes me depressed that when I look back, I realize that somewhere else I could... — read more
I know for a fact we're losing customers because they don't want to talk to somebody from another country each time they have an issue. Most of them make it known that's one of the reasons why they're leaving. Yet, the leadership keeps outsourcing... — read more
I just hired two great and highly talented individuals right out of US Bank into my practice. Their stories are almost identical. Strong background, solid track, then lured into USB with recruiting tactics, promised an amazing role and environment... — read more
Those that are butt hurt because branches are getting closed and people are losing their jobs are just not seeing the full picture. While I don’t wish for anyone to lose their job you have to look overall how not only this pandemic affected us but... — read more
huge long term contract with Indian agency. parallel offshore digital teams of dev, pm, design...even accessibility roles. two offshore teams for every onshore. said it was b/c there’s not enough talent in US. or maybe because they don’t pay... — read more
I’d love to get out of here, but I don’t know exactly where. I don’t know of a bank that wasn’t hit by the pandemic. There aren't any that are doing much better. I’m still happy with pay and I can't complain about the atmosphere, but the amount of... — read more
Anyone out there know of any layoffs coming to Elavon in the next few weeks?
That there are THIS many id–ts that work for a financial institution. Yeah, compensation is down. Does anyone care to think why? Hmm what happened in 2020 and how did they company perform? Oh that’s right, a global pandemic that was unplanned for... — read more
Big changes in every department, hiring freeze, poor management, very poor executive management.......not sure how they keep getting most ethical company or best place to work. They keep serving the coolaid to the enployees
Well it's March, have been many rumors on this board about a March layoff. Anyone willing to share info? If not March will there be layoffs before the normal October purge.
I am glad for everyone that finds a better option because this company no longer has much to offer to ambitious people. At the same time I am horrified when someone leaves because there is no understanding that a replacement needs to be made. Every... — read more
I read in another thread that an employee’s position in 24hr banking was being eliminated and that several others were on that call. I haven’t heard anything since. Can anyone verify this and if any other BUs were affected? I really wish there was... — read more
You will be required to come back to the office because they have lost control. A lot of people are taking advantage of not being watched all day but don’t be fooled because they count every keystroke. Does anyone really think they have lost... — read more
Once companies decide to return to the office, it's going to get real interesting. Can't think of many people that have worked from home for a year that want to go back to a full-time office setting. I know of a few people that have moved and now... — read more
Only the ones affected will get an invite on Thursday morning.
For back room operations and non-customer facing positions, what are your thoughts about the return to work scenario? Are you ready to go back? Are you already back? Or do you think your position won’t be there when it’s time to go back? — read more
Trying to figure out the actual expectations to not be ousted. is there a real number goal to be safe. How do some people kick out a 100 more cases then others?
I actually had to stop myself from bursting out laughing when my manager that the focus this year was compensating individual contributors....1.5-2 percent raise and 40-60 percent of target bonus? Did any of the c-level execs also make less this... — read more
How are the ongoing bonus meetings ending in your teams? Our team is already a wreck. Most of us have already polished our resumes and are ready to jump ship. No leadership, no course, only a little koolaid for tenured old white bankers
Has anyone still not heard anything about their raise/bonus???
Coworker put in their 2 week notice today, was told they would not receive a bonus because it hadn’t “been calculated yet” despite all bonuses being released in approximately 2 weeks from now on 3/5’s paycheck. They’re scamming people out of bonuses... — read more
A colleague referred me to this site. After having read all these posts I am wondering if I actually am able to build a career here. I am fairly young, a year out of college and while this is not my first job, it is my first professional job. Should... — read more
New President of WM/Affluent - ANOTHER HIRE FROM OUTSIDE! https://www.businesswire.com/news/home/20210203005079/en/Scott-Ford-joins-U.S.-Bank-as-president-Wealth-Management-Affluent Understand that US Bank will never promote from within for the... — read more
This is my first job and I have been here for 4 years. I am interested in experiences of someone who can tell me how a former USB employee is treated in other companies? How worthy is it to have the name of this company in your resume? Someone on... — read more
Bonus conversations started and not going well. Numerous resignations already on the table. Take whatever bogus bonus was arbitrarily calculated for you and get out now. There is a bright future ahead of you, and it does not read "US Bank". You... — read more
They will announce some more branch closures end of this month. Effected Branches will officially be closing in May or June
Why not open back those branches? Why are they still temporarily closed?
Facts: US bank makes a lot of $ but lays off SYSTEMICALLY every year, closes branches, shrinks employee base, keeps highly paid managers who belong "in the club" and brings highly paid contractors to move initiatives that don't work, fosters high... — read more
We have seen fake news posts such as "something big going to happen in January" or "Goldman Sachs going to buy us" and nothing pans out. The reality is these are trolls here to create anxiety and top into someone's existing dissatisfaction to get a... — read more
US Bank employee: you have a much better chance to be happy if you stop begging for your bonus being windled at your face. Do you enjoy depending on it to make ends meet? Too much sacrifice for a few $$ and having to pray for it not to be cancelled... — read more