Thread regarding U.S. Bank layoffs

Management at the Bank have no skills. All they know is layoff, reorg, be super negative, and repeat. The yearly or twice yearly re-orgs are a very old story here. Nothing is ever solved. Failure everywhere. Management here is ki----g the company and should be eliminated. Their competition is way more nimble and modern. This is an old, slow, poorly managed fossil of a company. Time to re-org again.

You wonder at what point in time this leadership and largest shareholders realize that U.S. Bank simply cannot compete against the big boys anymore and are getting eaten alive by the upstart fintechs that continue to carry off big chunks of the longstanding fee business, that they just start trimming it up and right size it to sell to one of the large Canadian banks which have recently purchased significant banking interests in the United States such as City National Bank, Bank of the West, First Horizon, M & T Bank and the list will get longer as CIBC and Desjardins looks to acquire something in the U.S. that can get past regulatory approval. Sad days coming in my opinion.