Topics regarding layoffs at U.S. Bank

Topics regarding layoffs at U.S. Bank

Low morale no longer interest anyone

People around me worry every day about who might become the next target. Logically, productivity is lower than ever. It used to be unthinkable for managers to look indifferently at declining morale. So how come they don't care at all about it now? — read more 

Finally a layoff-less week

From what I can see, there were no layoffs this week. I'm guessing if nothing happened until now, nothing will happen from here on (usually they start at the beginning of the week, rarely in the middle, and even rarer on Friday). It'd be nice to know... — read more 

Lower quality of work is not on us

We can't keep the quality of work high when the leadership keeps getting rid of employees through layoffs and attrition without backfilling and then they expect those of us remaining to take on several jobs. I can do great work when I only have my... — read more 

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Post ID: @OP+1htLFFBF

Who is next?

Who is going to be laid off next and when? I’d like to warn a few people. Got my walking papers 2 weeks ago.

Get used to layoffs

Upper management doesn't care about anybody but themselves. You, me, and other "minions" are nothing but numbers in their toxic cesspool. They'll keep laying us off without consideration as long as it benefits them in any way. As wrong as it is... — read more 

Mass Exodus next couple months

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 

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 Bank…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 

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Post ID: @OP+1hoM113Z

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 

Is anyone else’s 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 

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Post ID: @OP+1hmrfIwR

I warned everyone “wait till June 3rd”

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

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Post ID: @OP+1hm1Ppud

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 layoffs…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 

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Post ID: @OP+1hlv0mXU

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 

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 

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 

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Post ID: @OP+1hgICb1c

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.

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Post ID: @OP+1hgYJzML

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 

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