(Because I sort of am) how the company lost billions of dollars Equibus paribus what sh---y decisions caused us to lose money when other similarly situated FI's made money or lost comparatively less?
The leadership should be the ones thinking about that, but I'm curious what you think would stop or slow down the sinking of this company?
More layoffs coming
There are more layoffs planned in third and fourth quarters. If you want to keep your job, continue to suck up and stay busy. Outcomes aren't appreciated.
USAA Culture. Things observed and heard in 10 years. Couple of fine gentlemen loudly laughing about how they like to pull up to electric cars that have windows open and 'roll coal', flooring their diesel trucks to choke them with exhaust. ... — read more
Farmers joins RTO push with new CEO
USAA is taking advantage of the dismal job market
Exploiting the fact that we are stuck here because of the dismal market and creating additional pressure on employees in order to squeeze them even more.... Isn't that a little lame even for this company?
People are really asking for ev charging stations?
Seriously, charge your car at home and if your car cant make it to work and home, get a better car that can. Its not your employers priority to pay for your cars power….
New Leader on Deck
What are your thoughts on this. Again, love hearing about these changes externally don’t you??? Look at what all he’s in charge of. Think we will see some building decisions soon?... — read more
The good thing about these layoffs and RTO
It woke me up. I used to believe this is a company that cares about its members and employees. USAA hides behind its "Mission" and supporting the military to justify lower wages, benefits disappearing, and expectation of extra work. Im... — read more
I feel like quitting every single day
I'm just too much of a coward to do it. I'm not lying when I say I would welcome being laid off.
Class Action Lawsuit?
For a while now, we were being promised more work. But none was forthcoming. Then they pull out the metrics to claim that a worker is not performing, and state to get off of the PIP, you have to improve the metrics. But how can this happen with no... — read more
USAA has changed a lot
When one looks back at what this place used to be like, it seems that this is not even similar to the place it used to be?
“I just wonder if the sad I’d be without [USAA] is less than the sad I get from being with [USAA].”
How soon after resignation do we have access to withdraw 401K and Pension (the new one) funds? Will any funds in your Dependent Care Savings (company paid, no employee contribution) account be disbursed?
How likely is it that they’ll soften RTO?
I’ve been hearing from my manager that they’ll probably alter RTO guidelines based on feedback; however, how likely is that to happen?
Any word on claims layoffs?
I am remote, and have been out of the office on STD since January. Getting ready to go back.
Is it just me….
I’m noticing ALOT of positions opening through USAA that are offering much lower salaries for the positions that are already filled. Coincidence? I think not. #stormiscomin
Worried about life post-layoff :(
USAA is my first career, so I really have no frame of reference. I hear so much about how amazing the benefits are. The PTO policy here seems unmatched, same with the 401k policy. I’ve also heard the job market is awful right now. Can anyone soothe... — read more
Managers at this place are clueless
They don't care about offering competitive salaries to attract smart, talented folks. No wonder the majority of the intelligent people with options up and leave for greener pastures elsewhere. It's like shooting ourselves in the foot and then trying... — read more
AML Will be gutted
This Department will be slashed. So many bodies were hired and thrown at the consent order, causing a 30 to 40% overage of resources. Yes some were sent to Fraud to assist but the real cuts are yet to come. So if you are in AML (Detections/Invest)... — read more
Will the EMG/C-Suite stay for a long time?
1 of the worst things at USAA has been the change from great military leaders to failed bank leaders and people who leave every 2 years after outsourcing. I do love USAA and I was thinking of sticking with it until those “leaders” leave, but unsure... — read more
What areas affected?
Just left USAA (voluntarily) a few months ago. What areas have been hit by layoffs? Can’t believe WP got such a big raise…but who’s really surprised? He must have pics of someone on the Board to get (and keep) the CEO job. He screws up everything he... — read more
Email about job duties
If anyone received an email to describe your job duties, that is NOT a good thing, especially if it comes after a re-org. That occurred in my previous area last July and 3 weeks later an entire team of business process consultants were given 60 days... — read more
Done with USAA
I'm tired of working my a-s off for substandard pay and ridiculous benefits. I was going to wait to be laid off but I can't. I got an offer and while it's more responsibilities, at least I will be paid adequately for what I'm going to be doing. I... — read more
Working in fear
If employees have to constantly think about becoming out of work, has the leadership given any thought to how this affects productivity? Or maybe they don't even care? I can't focus at all on things I have to do.
PnC IT - Assured by Amala...
... according to my boss that no further layoffs were coming. Well, maybe no more in IT but not other depts? Not sure. But that was the last info I got.
How Management Hides the Numbers
It’s the last day of the pay period, and you know what that means! Announcements that people have “found other opportunities outside USAA and today is their last day” when what really happened is they were laid off but USAA is trying to avoid media... — read more
Bank IT missing from go/orgview
Is there anyone that may know why all of Chris Stewart’s org in bank is now missing from go/orgview? Is it simply a coincidence or are changes happening (ie. Moving back to ECIO)?!
More layoffs in June/july
Was in a meeting earlier today and was told compliance partners will have lay offs scheduled June/July. Also heard business risk and control teams will be getting cut but unclear on when. What trying times this is :(
Layoffs will continue
We can all expect the inevitable arrival of further job cuts. It's laughable to believe that layoffs at USAA will ever stop. It's truly pathetic witnessing those who assume they're shielded during the lulls between major rounds. The concept of safety... — read more
While in PHX, apparently Wayne had a MAJOR angry meltdown during the Q&A portion of a meeting. Leadership was later instructed not to speak of it and there remains no video. Anyone have the details? Inquiring minds want to know!
Imagine taking a job based on promises
Only to get told everything you were hired for now doesnt exists (rto, promotion opportunities) then having the weasel managers secretly monitor your every activity so they can find a way to get rid of you. USAA really did su---r a lot of workers in... — read more
Management continually insults my team by performing assessments on what we do, how we do it and if the task has value or is needed. The insult is not because of the questioning, but them hiding behind an excuse of “I want to learn”. My apologies... — read more
A years severance?
I would love to believe this is true for anyone who’s laid off. But I’m thinking this would be more for someone who’s tenured with USAA and not certain individuals who’s got hired a year or two ago. If it is, then lay me off asap lol, been here less... — read more
RTO...Just a Distraction
RTO is being used as a multi-purpose we-pon at USAA. Many employees might think that RTO is being implemented because Wayne sees empty parking garages. That is not the case. RTO is being implanted for two reasons: Severance-free attrition ... — read more
Can we talk about the nepotism happening in the Bank?
Is anyone else just loving all the outside executive leaders coming in and hiring all of their buddies while simultaneously letting people who have worked at the company for years go? I’m thinking the influx of hiring of all the Bank of the West... — read more
Is the plan to do smaller layoffs every month?
There’s been layoffs of hundreds of people every month. Is there a rhyme or reason to this? If anything, they should wait to see who leaves via RTO, but they’re just doing layoffs, reorgs, and reducing morale. They’re also getting rid of die-hard... — read more
Possible senior layoffs???
So there was more interest in what seniors do in particular how much time and aspects of our role and how we do it. Do I smell another round of layoffs now targeting seniors? Not sure but sounds pretty evident
Was the outage today an MI?
Im sure the ACC was all over it
Time for Mani and others to go
Mani is the worst leader I have ever seen. It is time for him and other former Wells Fargo leaders to go. Why would we hire these leaders that didn’t accomplish anything at Wells? They keep getting in trouble over there and some was under their... — read more
Severance is very good
It's not surprising that my colleagues don't put in much effort to at least try to keep their jobs - the severance pay is very good! In fact, I think that some of them might be even deliberately slacking off in order to get laid off!?