Thread regarding USAA layoffs

Full RTO is coming

Be prepared it will be 5 days and for those who don’t like it you will be worked out. Juan is for full RTO

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| 3201 views | | 20 replies (last January 17, 2025) | Reply
Post ID: @OP+1jhh8fe6f

20 replies (most recent on top)

@ht+1jhh8fe6f

Seeing the same pattern with staffing FTE teams and 3P teams. It had always been a mix of the two up until recently so giving me similar vibes of AD's ultimate plan.

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Post ID: @ss+1jhh8fe6f

Well, to be fair, citi has offices in same antonio and irving…

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Post ID: @pm+1jhh8fe6f

“we over invested in our employees”

That was the SVP of Comp

That’s what Wayne believes. USAA is not the great company it once was.

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Post ID: @pk+1jhh8fe6f

Agree!
Anyone expecting Juan to just come in and change it back to 3 days, nope, that would be a huge shift from the prior regime, BOD will not be cool with that. Remember a few years back, “we over invested in our employees” and “we need to get in line with our competitors.” Well, our competitors are now full time in office, Juan will either keep as is, or make it 5 days. Pre covid, my area was already hybrid, 2 days at home, only requirement was your WFH day couldn’t be the day of our team meeting.

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Post ID: @nh+1jhh8fe6f

Lies! We don’t have enough seats in P&C right now. Have you all forgotten? We were out of seats before the pandemic. After getting rid of 2 building downtown, West Ridge and that other building on the other side of Interstate 10, there is no way to ask all of San Antonio to come back 5 days a week! This is a lie. #Pinocchio

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Post ID: @ng+1jhh8fe6f

This is why we have a CRISIS of LEADERSHIP.

No one in their right mind wants to move to San Antonio. Citi, Wells, Chase and countless other banks & insurance companies are headquartered in Major metropolitan areas like New York, Charlotte, Boston to name a few.

Jason Witty left because he hated San Antonio and his leader. We’ve list so Jane great execs because CEO forced them to come in well before individual contributors.

Until they relocate HQ to Phoenix, Charlotte or some other place the crisis will continue. For us individual contributors, in case you haven’t noticed; we don’t matter hence why employee sentiment is in the toilet.

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Post ID: @n7+1jhh8fe6f

I have not heard one peep about this. Where are your sources? Is it something online that we can all see or is this just conjecture?

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Post ID: @jh+1jhh8fe6f

Oh sweet summer child. RTO never "made sense". When pressed for data to back up this d-mb decision, Wayne's explanation was that "he was convinced that it was the right decision for us to retain our culture." See also: I have absolutely no data to back this up and am doing it because I feel like it.

If your hope is that Juan will base his RTO policy on what makes sense, you're expecting a seismic change from our current CEO.

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Post ID: @jc+1jhh8fe6f

IT here - this for sure makes little sense when they are setting us up to be primarily offshore, which is basically full remote from anyone dealing with this side of the coin.

But, you know, clueless CEO logic 101 prevails.

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Post ID: @ht+1jhh8fe6f

Most of the employees are in SAT? Are you forgetting about Tampa, Phoenix, Colorado, NC, Europe?

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Post ID: @hf+1jhh8fe6f

It makes sense and not nonsense as most employee are located in the same office - San Antonio. Most meeting can be held in person. It doesn’t make sense for the larger companies as most teams are disbursed across the country and lots of them go in just to send emails and have virtual meetings at their desk due to no teammates in the same office. Plus, easier to enforce.

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Post ID: @he+1jhh8fe6f

@f8+1jhh8fe6f

Its total nonsense to you because you dont pay for those lofty office buildings. This isnt about your feelings but about them justifying the cost of their expensive offices.

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Post ID: @gk+1jhh8fe6f

This will be total nonsense on a scale level we are nowhere near Chase’s size for this to be plausible for a working model. Juan won’t rock the boat so hard and so soon. Juan we trust you to do what’s best

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Post ID: @f8+1jhh8fe6f

I believe it.
With Chase announcing last week all employees must return to office full time starting in March, guarantee one of Juan’s first orders of business will be 5 days in office starting in September and will require all WFH equipment turned in. For those that don’t comply, they’ll find a way to write you up and eventually get rid of you, or be on a future layoff list.

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Post ID: @f5+1jhh8fe6f

Where is this info coming from?

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Post ID: @e5+1jhh8fe6f

Fake news

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Post ID: @d8+1jhh8fe6f

What does worked out mean?

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Post ID: @aa+1jhh8fe6f

Where did you hear this information? Apparently he was 3 Day RTO at his last company

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Post ID: @a9+1jhh8fe6f

I mean… he is a board member who went along Steven’s RTO initiative.

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Post ID: @a8+1jhh8fe6f

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