Not to be overly dramatic but I work with quite a few people who are all looking outside the company. Some already have jobs while others are interviewing. The ones who have found jobs even got more money. What happened to this company? When I... — read more
Got my offer letter out of here! What now?
Just want some insight on how and what I should do before I leave as it was for the best for me to advance, What should I be doing before like my 401k, insurance, and if there is anything g else I should worry about?
I'm so tired of this place
I'm tired of constant layoffs, being overworked, being yelled at by my manager, being taken advantage of by some of my coworkers... I'm at the point where I can't even enjoy my weekend. I keep thinking about work and dreading Monday. I would leave... — read more
Do you think it is harder to work here than in other banks?
In terms of salary, many who left received a very significant increase. Some are now paid twice as much as they were here. However, in general, workload, pressure with deadlines, atmosphere...? Something that bothers me the most here is that... — read more
I see a light at the end of the tunnel
I'm in a celebratory mood. I just got done with the final round of interviews with a company I've been wanting to join for years. I honestly think I nailed it. Now I'm waiting for the call and I'm praying to get it soon because I'm so done with US... — read more
US Bank Brand is Dull
The big 4 in US Banking right or wrong seem to have a more active brand. Then Truist is trying. But no one thinks of US Bankā¦it is not noted for anything positive. It’s logo is boring and old looking. It’s technology is boring. It lacks creativity... — read more
Org Chart Change
Someone told me that U.S. Bank made a change to the system to where if someone gets laid off they still show up on the org charts and company directory for a period of time after they are gone. This appears to be true in that people who I know that... — read more
Botched Union Bank Merger is cause of all the layoffs
Welsh and his cronies royally screwed the pooch on the Union Bank merger and got deal ho--y which is the root cause of all of the layoffs. The regulators still haven’t approved it and quietly required USB to ensure no branch closures and layoffs as a... — read more
Not having any power over whether I'll keep my role
There is no way for an employee to try to keep their job here. This is what, along with the uncertainty, demoralizes me the most here. What’s the point of giving your best and having great performance when we all know it’s not the decisive factor... — read more
How many people got laid off from certain groups?
I was wondering if we could share how many people got laid off from your team i relation to the size of the team. Please post how many people your team contains and how many people got the boot now?
Is anyone elseās manager a complete clown?
This type of a manager is rampant at USB and yet never seems to get laid off. No leadership capability, only knows how to waste time with meetings and coming up with id--tic ideas that make no sense. Has a different stupid idea every day, can’t... — read more
How can anyone work like this?
Every week I hear about people being laid off. It’s going to be a constant trickle for the near future. Are they trying to force attrition when plenty of people are already trying to leave? Pathetic how the company always goes on about employee well... — read more
Happy and motivated employees - are there any here?
Trying to be promoted in order to make a little more - and thus increase the likelihood that you will become the target of some of the future layoffs, does not make much sense. It's as though they've decided to demoralize their employees. The... — read more
I warned everyone āwait till June 3rdā
Then I let everyone know that payoffs were temporarily paused for another week and guess what happened. Now the next date to watch for is sometimes in September/October. Branch closures coming in your neighborhood. Get ready folks
What part of the company will be most impacted by layoffs from now on?
Any ideas? At this point does anyone have the right to feel safe?
Be happy you are out of this mess
Think about it. If you were laid off or you are slated to be laid off you are getting paid to leave a company that has been a big mess for years. I know people fear recession but the job market is still really good, so finding a new position should... — read more
Shady layoffsā¦zero transparency
I know multiple people who were laid off, computer access cut off same day without any chance to say goodbye or tell people they were laid off. In my area, it was done in multiple waves with a small number laid off each time and no announcement. They... — read more
Job offer through MUFG Union Bank
Was curious to know, should I be worried about potentially being laid off if I was just given an offer for a position at Union Bank? I realize U.S Bank is having layoffs and Union Bank seemed to have layoffs last year and early this year. Thank... — read more
Why are the managers so protected against layoffs?
In light of all the insecurity, layoffs, reorgs and whatnot I have tested to see a wave of layoffs that will thin the management structure. I mean, why do regular working-bee employees have to be the victims, when we all know that the over blown and... — read more
What motivated you to quit?
I've been on the fence for a while now. I keep adding things to my pro and con list (and the con list is significantly longer) but I still can't get myself to take that final step. What was it that pushed you to finally say "sc--w it" and tell them... — read more
Problem with layoffs
Some of the best people have been cut but those who are known to be lazy and who can barely do anything are still there. Isn't that crazy?
Layoffs in small chunks
Layoffs in small chunks shrouded in secrecy - honestly, I didn't even expect any fairer approach to layoffs here. This has long ceased to be a place where employees can feel respected and valued. Does anyone have any idea how many people have been... — read more
Whose side is our HR on?
Because it certainly doesn't seem to be employees' side.
When is it going to stop?
When will it be enough? I know my weekend will be anything but relaxing having to worry about what the next week will bring regarding more layoffs. Then it's the week after that and then who knows how many more. Are they intentionally trying to... — read more
More coming next 2 weeks
Across various business units, there will be a blood bath. Have heard of cuts/layoff coming in at least 4 different areas. Lots of FTE to reduce. Hoping my 24 years saves me but what I have seen over the last week, don’t think there is much to save... — read more
The incompetent middle managers never seem to get laid off
Take my boss for example. Been with the bank 20+ years, team has complete turnover every few years. Doesn’t know how to do anything except micromanage, create extra work, and throw around useless spreadsheets. Couldn’t execute a proper idea to save... — read more
Best thing that happened to me
Best thing that happened to me was I was laid off 2 years ago. I was stressed for couple days but now I look back and so glad I am no longer there. Not only do I make more money but It also helped me unlock my potential.
Nothing to worry about as the recession ravages the economy
Nothing to worry about as the recession ravages the economy... Customers will carry a zero balance on their credit cards, a zero balance on personal credit lines, there will be no new commercial loans, no new home mortgages, no new car loans, nor... — read more
Plenty of job opportunities out there
Being laid off (if it happens) could be a blessing in disguise. More pay and the opportunity to work for a company that isn’t a dinosaur of the banking world.
Signs that someone may be facing a layoff
Fortunately, I wasn't affected although I am still very anxious. I am sorry for all those affected and I hope that they will soon find much better opportunities. For those affected, I'm wondering if there were any signs or red flags that you... — read more
Business Banking Layoffs Happened Yesterday
It's sad but expected. This was wide and many roles affected - operations managers, admin, project analysts, digital accelerators, etc were told on Monday
More layoffs today
I've been hearing that there were even more layoffs today. Can anybody say what was hit and how badly? I'm getting tired of this whether it's true or not. My stress levels are through the roof and even unsubstantiated rumors make me go into a panic... — read more
ELAVON PAYMENT SERVICES
Has anyone in Elavon/payment services been laid off or heard of any upcoming layoffs?
Cheaper labor will not fix anything
I don't think cheaper labor will contribute to the U.S. Bank gaining any comparative advantages over competitors. What can cheaper workforce fix here? The bank needs talented employees, which is most of those who are cut! It's awful what's going... — read more
Attrition should be enough
This is what I think makes these layoffs even more illogical and unnecessary than usual. We have huge attrition currently. Some of the best people are leaving, meaning that people who earn the most are leaving. That's not good for the bank but when... — read more
Media coverage
Once again I am very disappointed with the media coverage of the layoffs here and I wonder why it is so poor?
Any massive branch closure plans in community markets?
I work in a community market and it’s been top of mind that the company is going to consolidate their branches to just metro areas. Any thoughts on this?