Thread regarding U.S. Bank layoffs

@OP Can someone explain who is being required to sign this? Is this everyone eligible for AIP and LTI? If we have signed in the past, is there an updated version we now need to sign? Or, is this something that is for those that haven’t signed in the past?

@aa - that is no longer true. I had thay and the new policy negates it.

No idea what you are talking about.

My LTI is so small already and last 2 years they didnt give me the dull amount. Pretty sure they are letting us know we are not going to be compensated fairly ever and they will find another way to hit our bonus. Take my LTI. I will take my chances on a lawsuit because your unethical behavior and treatment is LOUD and PROUD.

If you have company data on your phone they will try and access in a legal situation

@av What’s wrong with posting here on a bank device?

There are two documents for some people. One covers LTI and the other is some sort of NDA. The latter is what they will use against you if you leak internal or confidential information. Be careful of how you handle information and what you post on here and other sites. Hopefully no one's posting to rumor sites on bank owned devices.

Good on you all for being cautious. I did sign in. My understanding is if you don't you lose all future LTI and cannot get it back. That's a lot of money to lose on principle.

Not signing. LTI for me is paid full yearly due to eligible to retire status.

LTI not worth the restrictive covenants since it was lowered for me. That backfired for the bank ha ha.

Anyone whose gets LTI got the notification

I ran it through a legal AI....eye opening. Do Not Sign.

Not signing it! That blurb about confidential material. Im keeping my receipts. You fire me for anything other than my work quality which is stellar and think im not filing a case and signing away my protections.

Spot on!