Thread regarding U.S. Bank layoffs

Reality Check

As a former U.S. Bank employee with close to 30 years of experience and experienced unemployment.

Recognize

  • You are owed nothing other than your last paycheck.
  • Benefits are better than most other places.
  • Your colleagues are friendly with you but are not your friends.
  • Anyone including you can easily be replaced.
  • The job market is tough even with high demand skills.
  • Leadership acts on behalf of the shareholders. You should too.
  • Age discrimination is real.
  • RTO is not about you.
  • Business has nothing to do with morality.

You should:

  • Appreciate your paycheck
  • Not complain…not to anyone.
  • Learn and leverage AI.
  • Use all available resources at U.S. bank and anywhere else to improve.
  • Work hard and do your best while you’re employed.
  • Side hustle or develop passive income streams.
  • Stop being entitled.
  • Not share your personal baggage or health issues.
  • Not compare yourself to anyone.
  • Know your worth and find a place that recognizes it.

I am not posting to say what is right or wrong l. All I can say is that it is better to su-k it up and collect a paycheck than having your pride on the unemployment line.


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| 2962 views | | 19 replies (last May 16) | Reply
Post ID: @OP+1kfsja5v1

19 replies (most recent on top)

"Not share your personal baggage or health issues ..."

So, basically don't be a woman with reproductive organs? Tell me, how does one "not share" pregnancy, childbirth and raising a child?

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Post ID: @fxm+1kfsja5v1

Sounds like op should get a life since they are a FORMER employee. Nobody cares grandpa go watch the price is right and leave us alone.

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Post ID: @pw+1kfsja5v1

Coming from an “award” winning “most ethical company” with mottos like “We do the right thing”, “We put people first”, and “We power human potential”, it isn’t too surprising for employees to expect some morality from their employer. Too bad US Bank is full of sh*t.

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Post ID: @k9+1kfsja5v1

Well, if they owe me nothing then I owe them nothing. Doesn't seem like a stable long-term relationship, no 2 weeks' notice, taking all sick days, and not buying their products. Also telling everyone how much US Bank su-ks and not to bank with them. How do you like them apples?

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Post ID: @jz+1kfsja5v1

@h6 I am betting there are quite a few of us here that have that mindset. I just need another 2-3 years out of this place and I’m done. That said I’ll also keep my eyes open for other opportunities and be happy to move somewhere else if given the opportunity.

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Post ID: @hw+1kfsja5v1

@h2 Similar experience here. My career goal at this point is to keep this job for a few more years then I'm out. I like the people I work directly with and they have my respect. Sr Leadership is another matter. I will continue to work hard and get good performance reviews, but don't see any career path here and I don't feel like starting over anywhere else at this point.

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Post ID: @h6+1kfsja5v1

I also attempted to do "the right thing" and trusted senior leadership. That was a mistake. I was carved out of my position, and it basically stopped dead my career at US Bank. That was almost a decade ago. But to this posters point, I've collected around 250 paychecks since then. I don't have a career with US Bank, just a job. Until I don't.

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Post ID: @h2+1kfsja5v1

The rules have changed.

Now, the best advice is to work a W2 job while you also figure out how to make money off assets you own.

The days of expecting reciprocal and respectful treatment from employers are (unfortunately) over.

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Post ID: @dh+1kfsja5v1

I give a i get. 2 percent raise for exceed, no thanks.

I do enough to not get fired. I will not volunteer for extra work. Any new skills i learn, I will do soon.y if it benefits me in the future in my next job, I will not learn a useless skill for the company.

You get what you give. And they give us nothing but worries about layoff every year

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Post ID: @dc+1kfsja5v1

A little about my story and why I decided to post.

  • Around the middle of the Great Recession. I decided to stand up to leadership who were immoral and made very questionable decisions. I engaged with HR and senior leaders who I trusted. In the end, I was fired.
  • Years later, I was once again fired and that was mostly due to not being a good fit.
  • I was bitter for many years and even though I still think I was in the right, I was young and d-mb and learned a hard lesson.
  • I was able to bounce back quickly from both instances but I came away with the realization that supporting my family was my main priority.
  • Up until my last day at U.S. Bank, it was my best job where I felt I was compensated fairly and given an opportunity to grow.
  • My tenure at U.S. was far from perfect but it had more positives than my other jobs.
  • I am saddened about the recent layoffs and I know some of these folks personally —My goal was to prevent others from making the same mistake I made.
  • I was lucky back then and the job mallet has changed drastically since.

As the primary breadwinner, I am thankful everyday to be in a position to support my family, put a roof over our heads and enjoy some of the pleasures of life.

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Post ID: @d7+1kfsja5v1

Sell my soul and the majority of my life to a company that hates me and only pays me begrudgingly? No thanks, boomer.

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Post ID: @d5+1kfsja5v1

@c4 this is business at it’s most basic. When you strip back the emotion, the bias, and honestly the human element, this is what we agree to when working for a company. It’s a contract. You agree to the rules of the contract that is controlled by someone else. Your feelings don’t matter here. Likewise, there are of course rules, and laws to the contract so in extreme circumstances (which are very few and far between), do we actually win a breach of contract. There is NOTHING in the contract that says how long you are employed, any guarantee on raises, bonus amounts or other compensation. What happens is we build trust in good faith. You tell me I should get a % as a bonus, and sometimes I get close. You tell me that in one year I get a 3% raise and I gain hope. But whether we all like it or not, the fine details of the contract are not held by the employee. The control you have is to terminate the contract at any time. Once we all learn this, even if we hate it, the easier it is every year to choose if this is still a contract that fits what you need. (Notice I said choose, didn’t say it’s a choice we like. At the end of the day, we get a choice, even if it’s one that’s not easy).

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Post ID: @cc+1kfsja5v1

@bs Exactly. I am trading my knowledge, experience, skill set, and labor for pay and benefits. At any time either party can end our agreement and for any reason. One last thing to @OP, USB doesn't deign to give us our final paychecks, we earned them. Appreciation is unnecessary.

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Post ID: @c4+1kfsja5v1

Brought to you by ChatGPT

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Post ID: @c1+1kfsja5v1

Bootlicker

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Post ID: @bz+1kfsja5v1

You can act on behalf of shareholders. I'm in it for myself.

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Post ID: @bx+1kfsja5v1

You trade your time, knowledge, and experience for a paycheck. The company doesn't owe you anything beyond your pay. Likewise, you don't owe the company anything, and either side can part ways anytime if no longer needed. No right or wrong involved

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Post ID: @bs+1kfsja5v1

Preach it! Most 20 somethings have been so coddled and cannot grasp much of this. Especially RTO. Many never develop good interpersonal relating skills. The office has just been a place to get hired and stop by occasionally to pick up supplies. Maybe an in-person meeting once or twice a quarter. Such roles will easily be farmed out to emerging countries and Bangalore sooner than later

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Post ID: @br+1kfsja5v1

Disagree

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Post ID: @a6+1kfsja5v1

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