Is there any chance we're done?
7 replies (most recent on top)
Yes, and all other business lines have them coming soon this month. It’s going to be disgusting how many are let go. I know of entire groups/depts that are going to impacted hard. Saving a buck at the expense of all the hard working people keeping this place afloat. Made it 5 years here with US Bank and looks like I am done for
Hopefully the bank is super aggressive in TOS and layoff all of the useless middle managers. Managers reporting to useless managers. All of them can be gone, millions in salary saved and nothing lost. Bring the directors closer to the work and make everything more nimble. The Bank doesn't need all these managers.
I personally know somebody who works in that area that was effected. It’s pretty known there that management is extremely incompetent. I mean do mean extremely. Most of them are SAH
I think they’ll get less pay — why would they fire them just to rehire? Why not just pick who you’re keeping and lay everyone else off?
When they rehire the processing managers, will they get less pay?
Processors are next IMO. They fired all processing supervisors and managers and they are only rehiring less than half. They can’t expect to handle double the amount of processors.
If not, any ideas what's going to be affected today?