Thread regarding U.S. Bank layoffs

The longtime technology people in TOS are the most beaten down people. They started at a destination employer but now work for a company that hates them. The management stupidity they have seen and never said anything. All are hanging on for a child to graduate, collect social security, or anything. Most would be thrilled to be offered a package.

There are plenty of smoking g-ns to prove ageism just no one with the courage to turn them in it (yet). But that won’t last forever.

Ageism? LOL! It's all about cheap labor. No one gives two hoots about your age/s-x/whatever else. As a bank they know how to cut expenses and will do no matter what ...

Well booo hoooo……need a tissue?

I experienced a layoff from US Bank 2/15/23. I was 57 at the time. While only at the bank for 2 years I had better numbers and more seniority than 2 reps they retained. Most effected were 50 and over. However there were a few late thirty somethings mixed in to mask the discrimination.

Do the needful boomer

@bs doesn’t help when the Indians fire non Indians and replace with Indians. It’s not racist to say that either. I saw it happen multiple times in CBB. Almost all leaders in CBB are now from India but schooled in USA. They’re going to pull other Indians over and up the corporate ladder while they stomp out the non Indians from the workforce. Or offshore all tech jobs to Bangalore which CBB is actively doing now.

Someone aged 40 is an elder millennial and at that age, is susceptible to a layoff. Most of the boomers are being forced out or already at or nearing retirement. The older workers remaining are Gen-Xer's who are also being shown the door.
There's enough ageism to go around for all generations!

This bank is rife with a desire for cheap, foreign labor. Change the name of the bank to Bank of India. They want to offshore jobs to Latam, India, and other places where wages are depressed. There is glut of talent here in America for tech jobs since corporate America convinced millennials and Gen Z to oversaturate the market with comp sci degrees.

Yet somehow, they still want to bring over H1Bs at below market wages to compete with American citizens for jobs in already competitive market despite the fact that more graduates than ever now have education and skillset to compete globally for said tech jobs?! This bank is deplorable.

I’m sorry people have experienced ageism as someone in the middle of my career this is sad to hear.

I don’t think this bank cares for anyone. They want cheap, yes people. If possible not in the USA. Make moves, if you can.

I am.

I am a 50-something white woman with decades of financial services experience. I had glowing reviews. Yet I was laid off in October. Told it was restructuring. The only other white woman on my team was laid off 6 months earlier. Also 50-something. The rest of my team were all H1B. Mostly early 30s. I’m convinced age had an impact because I probably had a higher salary and health care costs more for aging workers. I chose not to go the EEOC route because in the layoff documentation they provided there were several of us over 50 yet one under 30. They can say it wasn’t age related because look a 28year old was also laid off. That and I wanted the severance and bonus payout. But I do think USB and other companies do this and get away with it. F-em.

For the d-mbos who don't understand what a boomer is, there are almost zero of them working at the bank. The older employees are gen-x. The bank hates all their American employees but higher paid or older are targeted.

We are being discriminated against by Gunjan and the HR. Just ask her admin, Gunjan forced her to retire because of her age.

@a1 You don’t need to be a boomer to be experiencing ageism here. Rest assured on that.