Thread regarding U.S. Bank layoffs

The downstream effect?

Curious if anyone else is seeing or feeling the downstream effect of what’s happening at the top of the house. I don’t mean the obvious things, I mean the intangible effects of the changes and stress.

Is anyone else’s team acting differently? People more isolated? Less collaborative? People acting like aholes to each other? An every man out for himself feeling, where it didn’t exist before?


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| 2312 views | | 10 replies (last January 15) | Reply
Post ID: @OP+1kex2487s

10 replies (most recent on top)

@cw He or she is just playing management's game of pay-for-performance. Pay less, work less. Not rocket science, is it?

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Post ID: @hn+1kex2487s

@cw I am good teammate and a good employee. I do the job of three people and single handedly changed the way we underwrite deals. I actually received an extraordinary review. So you can kiss my a-s in the crack ❄️

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Post ID: @cy+1kex2487s

@ct you seem like a joy and a great teammate

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Post ID: @cw+1kex2487s

I could give two sh--s about this job. I wake up around 10:30, wipe the crust out of my eyes, and then sign on. Do the bare minimum while actively interviewing…. Hopefully, got an offer coming soon. I don’t care if they fire me. I’m just waiting for my bonus and then I can quit….

There are limited opportunities for advancement at this bank. It’s all politics for internal moves. Company su-ks and no i’m hanging out with coworkers after work or attending off sites. I’m here for the check. thank you and goodbye

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Post ID: @ct+1kex2487s

I realize everything is probably the same at most other companies. They have the power right now and are exercising it as they please with the job market being so terrible. My situation improved from before covid it was a full 5 days in. Then we got to work from home for basically 3 years with minimal office time asked until the 3 days started. Things were worse off following that but not awful until around the time the Union acquisition. I felt like since then it’s been a culture erosion. Once they put in that stupid Sapience on computers that is pretty terrible at capturing activity it has been a morale drainer. My management even has spoken on the morale issues.

I just work on staying off the radar every day. Don’t do a day more or less that’s required for office time. I’ve seen sporadic layoffs of people being let go and are never spoken about again. It definitely has become more of a looking out for yourself the last 2 years in my experience. Kind of just in a mindset of it’s a known devil here vs a devil I don’t know elsewhere. If my time comes I’ll move on.

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Post ID: @aj+1kex2487s

@ae what org?

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Post ID: @af+1kex2487s

@OP gotta be honest, my team is doing pretty good. Sure we have a few peeps who aren’t engaged or underperform but our business continues to grow, bonus was funded over 100% and our team supports each other well. People seem to have settled into the new norms. We were 5 days in a hub office before covid, so the 3 day rule is an upgrade for us. I sometimes wonder if I’m working at the same company as others on this site.

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Post ID: @ae+1kex2487s

I think we want to think it’s only bad here but it its the same everywhere. Corporations have basically told their employees that they no longer matter and that loyalty to the company for 10/20/30+ years means nothing. Lay offs, taking our good pension away, “finding more needs improvement ratings”, micro managing, RTO etc. Employees in turn will do the minimum required, call in sick verses push through and log on from home and forget about putting in extra hours, those days are over. The “downstream effect” will only get worse, where there is no loyalty, trust or mutual respect there will be no success and that’s bad for all of us, even the managing committees most valued shareholders.

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Post ID: @a4+1kex2487s

At least other companies still have assigned desk space. Gunjan has hers but all of us are peasants and will be treated as such.

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Post ID: @a3+1kex2487s

I'm on a pretty large team and most of us are in office. I don't observe any hostile ahole behaviors. But morale is low. Barely anybody does what you're used to seeing in the old days like grabbing a coffee break or going to lunch together. Just put head down and grind away. Also some people are more openly working slow, I'm sure they would .never admit it but it's obvious. I'm not judging them.

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Post ID: @a1+1kex2487s

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