U.S. Bank Layoffs

Topics regarding layoffs at U.S. Bank

US Bank Layoffs 2020

If the market makes a turn soon, do you think there will be US Bank Layoffs 2020? Any news or rumors?

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| 1522 views | |
Post ID: @1255nmaK

Accepted the CRC Position

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?

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| 1054 views | |
Post ID: @12d5Pa1n

Branch Managers

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 

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| 1329 views | |
Post ID: @12aVMo18

Customers Complaining

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 

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| 1310 views | |
Post ID: @11W65uI2

Anyone receive an offer for the new CRC position yet?

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 

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| 1508 views | |
Post ID: @11N2ztWE

I Smell Lawsuit!

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 

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| 1353 views | |
Post ID: @11Ttm6kH

Not everybody was laid off

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 

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| 2402 views | |
Post ID: @11H80fc2

He Played Tricky Game, BM Be Careful

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 

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| 1170 views | |
Post ID: @11RNp6xP

This new position doesn't seem right

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 

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| 946 views | |
Post ID: @11MwjUmI

US Bank Eliminating Roles - Media Coverage

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 

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| 1132 views | |
Post ID: @11MZiO7y

Dont make a mistake

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 

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| 1263 views | |
Post ID: @11JNUfOz

US Bank CEO Andy don't care for us

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 

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| 1145 views | |
Post ID: @11OMQ5Tk

Manipulation

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 

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| 971 views | |
Post ID: @11M6iFIR

Poor man’s Chase

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 

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| 1161 views | |
Post ID: @11KtqYpV

Go work for their competitors!

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 

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| 1343 views | |
Post ID: @11FrPghi

What's the best alternative?

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 

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| 979 views | |
Post ID: @11Hw4VVo

Greed

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 

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| 2484 views | |
Post ID: @11EYlRqP

US Bank equal to Sears

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.

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| 516 views | |
Post ID: @11G4wb5b

12/20 Deadline re-hire question

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 

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| 1650 views | |
Post ID: @11Ir73hP

Incompetence at US Bank

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 

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| 1501 views | |
Post ID: @11GZr5g0

Cynical and Ruthless Layoffs by USbank

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 

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| 1821 views | |
Post ID: @11GF83tQ

Clean up your resume and interview like crazy

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 

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| 797 views | |
Post ID: @11GjCfSV

Outsourced

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 

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| 2339 views | |
Post ID: @11Eww6Yt

People First

Help me understand this... All metrics are trhough the roof, we are doing really good, executing exceptionally - so, we decide to lay people off? How is this a "People First" strategy - this is anything but... Oh, well. Crony capitalism I guess... —  read more 

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| 1179 views | |
Post ID: @11Es6BfY

Things are not going good at US Bank

US Bank has a new and changed culture. The things started changing rather rapidly after Richard Davis left US Bank. The bank changed from a people centered company profit and only profit making machine, each employee became a number…. Look around and... —  read more 

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| 1782 views | |
Post ID: @11EVEMHU

Media Coverage - US BANK MANAGER LAYOFFS

http://www.startribune.com/u-s-bank-begins-staffing-overhaul-at-branches-with-unspecified-number-of-job-cuts/563584152/ U.S. Bancorp told employees Monday it would restructure staffing at its 3,000 U.S. Bank branches, including an unspecified... —  read more 

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| 1343 views | |
Post ID: @11EPfxAn

What will be hit next?

Small Business Banking? Something else? Please, if you know something, share. My nerves can't take much more of this.

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| 1128 views | |
Post ID: @11E0crN2

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