Thread regarding U.S. Bank layoffs

Should the rest of us be worried?

What are the chances more layoffs will happen tomorrow, in other groups?

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| 3136 views | | 14 replies (last August 28) | Reply
Post ID: @OP+1k35ekt75

14 replies (most recent on top)

U.S. Bank EACX employee here.
Given one day termination on August 21st.
Was not able to turnover active work.
Manager would not review layoff strategy and/or others impacted (robotic/secretive).
Know of 4 others from private calls.
All four age +55 years.
Years with USB: 35, 30, 15, 5.
Core values seem to have shifted since Andy transition.
Glad to have worked with USB but disappointing exit to say the least.

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Post ID: @1be+1k35ekt75

@d0 not the right areas...they should start at the top first.

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Post ID: @hn+1k35ekt75

@bf which areas of RM&C were impacted

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Post ID: @d0+1k35ekt75

@cq delusional much? That boot on your neck must be cutting off blood flow to your brain

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Post ID: @cy+1k35ekt75

Only those who fail to take accountability or meet even the minimum job performance standards should be concerned. If this describes you, then yes, consequences are warranted. It's time to sever the umbilical cord of underperformance.

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Post ID: @cq+1k35ekt75

@ce good advice.

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Post ID: @cj+1k35ekt75

Don't be worried, because worrying solves nothing, and only gets your stomach in knots.

Instead, be prepared.

  • Take action (polish your resume, learn new transferrable/valuable skills which you can bring to your next employer, start applying to job listings and reaching out to contacts to see if you can get hired at a better pay rate/more solid work situation, etc.)

  • Don't be passive, be proactive

  • Instead of being in denial and wringing your hands in worry, be self-promoting and pivot

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Post ID: @ce+1k35ekt75

@bf I feel like there’s more to come in the next week.

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Post ID: @c3+1k35ekt75

just found out two more from the Techled group were let go aswell

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Post ID: @c1+1k35ekt75

Yes! Be careful if close to 60. Tend to say we are downsizing and not refilling the position but 6 months later the position pops up.

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Post ID: @bw+1k35ekt75

You work at U.S. Bank, there's always the possibility of layoffs. Advice is to stay off this site for peace of mind because if you don't read it here, you're unlikely to actually hear any announcements of layoffs at work unless you are close with those impacted and they tell you, or they suddenly stop showing up in the office.

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Post ID: @bt+1k35ekt75

@bq

Umm, yes there were, lots of them. Senior people, junior people, and everything in between. If you want evidence, go check on LinkedIn.

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Post ID: @bs+1k35ekt75

@bf no there wasn’t!

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Post ID: @bq+1k35ekt75

Layoffs announced and shared within RM&C yesterday

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Post ID: @bf+1k35ekt75

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