Thread regarding USAA layoffs

Bank Town Hall Zoom Only

What happened to it’s nice to see your faces? Or is there some news that is easier to give when you are not in an auditorium?


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| 3502 views | | 15 replies (last January 29) | Reply
Post ID: @OP+1kfhb1zqw

15 replies (most recent on top)

@ew this comment didn’t age well.

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Post ID: @1e1+1kfhb1zqw

They felt the need to rationalize the choice to not meet in the auditorium. But it does not seem authentic considering the march to return to the office. With the auditorium available it appears there are personal considerations that have been chosen.

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Post ID: @zn+1kfhb1zqw

@kq exactly, it had nothing to do with scheduling issues. From someone I know who works closely with our lackey of a bank president, he turned down the Joe Robles auditorium.

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Post ID: @q7+1kfhb1zqw

@kd not true. One of the staffs offered a reservation spot for Gen Rob Aud and Michael opted out. That leaves absence of venue out of the equation.

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Post ID: @kq+1kfhb1zqw

There were supposed scheduling issues with availability of the multi purpose rooms.

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Post ID: @kd+1kfhb1zqw

I don’t think it’s about layoffs, I do think it’s on the bonus and for bank it won’t be as good as the smoke they’ve been blowing at us all of 2025. Don’t forget, they canceled the recognition event on 10/29 a week in advance due to “unforeseen circumstances” only for them to announce lay offs that day.

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Post ID: @ew+1kfhb1zqw

If there is no multiplier, so much for the smoke up our A$ses, the bank is profitable blah blah

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Post ID: @et+1kfhb1zqw

Maybe someone will ask why on the Bank TH Slack and they will address it. If not, people will just keep speculating and spreading rumors.

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Post ID: @dj+1kfhb1zqw

I don't think this meeting is related to Layoffs. Mo--n would not setup the meeting this early if he was to announce layoffs. Also, I have heard that there will be no multipliers for bonus this year. I am not sure how it will work.

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Post ID: @dh+1kfhb1zqw

The employee meeting is at 3pm on 2/4, that could be why the bank town hall is pushed back to the 5th, but that doesn’t answer why it’s zoom only. I’m with the majority on this one, has to be to address the large round of layoffs that will happen before 2/4 and Moran doesn’t have the stones to look people in the eye when he gives a bullshhh reason for the layoffs. We’re going to lose a lot of great leaders and talented employees in the next few weeks.

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Post ID: @b6+1kfhb1zqw

There will be an announcement. A preview was given by Michael. You know what it is already. Start looking for a job if you haven’t already.

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Post ID: @av+1kfhb1zqw

Our id!ot of a bank president in October all but guaranteed a large round of layoffs to start the year. So my guess is this is nothing but bad news, it’s either announcing a large round with Mike Moran and his b/s slew of “out of respect for the employees, we won’t say how many, they’re our family and we wish them well.”

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Post ID: @ah+1kfhb1zqw
  • 1 on major layoff!
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Post ID: @ae+1kfhb1zqw

Either the bonus for the bank is awful, OR to announce a large round of layoffs.

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Post ID: @a9+1kfhb1zqw

Probably getting sold.

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Post ID: @a5+1kfhb1zqw

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