Thread regarding USAA layoffs

RTO 5 Days

I was part of a small group that got to tour the home office with the incoming CEO last week. He mentioned watching the 100 year celebration and seeing majority of employees back on campus for the first time since March 2020, and how he can’t wait to have that excitement back on campus.

My AVP said word she has been hearing out of his inner circle is 5 days RTO minimum 7 hours in office.

Anyone thinking he was going to change it back to 2 or 3 days, that would’ve been a complete 180 from the regime and RTO push from the last 2 years.

Add in the almost $40 million in renovations for the San Antonio office starting this year, the BOD is going to demand 5 days to get their moneys worth.

Expect an announcement as early as May 1st that RTO 5 days will start in September.

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| 6031 views | | 19 replies (last July 29) | Reply
Post ID: @OP+1jpay1rps

19 replies (most recent on top)

Keep in mind, the same executives and managers are still WFH. They are not being forced into the same RTO requirements as the workers.

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Post ID: @khw+1jpay1rps

You're missing the mark here... RTO is going to be 6, then 7 days a week. If you're not working 70 hours a week you're on the short list.

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Post ID: @23z+1jpay1rps

This article foreshadows what is happening with RTO at USAA. Fix up the campus, offer new amenities and convince / force everyone to come back. Recent news about USAA commitment to invest heavily to upgrade the dining facilities at HQ sound similar as a precursor to the 5 days RTO. Just sayin’

https://stocks.apple.com/AiTT_bJC5SRCadUD35UjRSg

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Post ID: @x2+1jpay1rps

I'm not happy with 5 days RTO. That being said, senior leadership needs to takes the heavy-handed approach like Amazon did. Everyone who is remote...including and especially EMG...are given 6 months to move to a hub office or find a new job. End of story.

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Post ID: @m8+1jpay1rps

@db+1jpay1rps
Unfortunatley, the deeds of some impact the many. I worked at another firm where we would loose remote privileges due to the actions of others. Luckily, I would always get my remote privledges back, but it took a while to weed out the disrupters.

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Post ID: @kk+1jpay1rps

I don’t think the bonuses will go away.

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Post ID: @jf+1jpay1rps

When it comes to USAA, where there is smoke (whispers), somewhere there is a fire. Not only do I expect 5 days RTO by end of year, I expect quite a few changes going into 2026 with the benefits we currently have. Don’t forget the August 2022 employee meeting, “we over invested in our employees.”

The bonus will either go away completely, or they’ll make it much harder to obtain (same with the holiday bonus). The bank president even said at the bank town hall in January, “we need to get in line with our competitors.” What made USAA so different and a place to want to work at were the benefits that were above industry standard.

Like a comment on here stated, the USAA board of directors know the job market is very bad right now, so of course they could care less about employee morale/employee satisfaction, where else are you going to go.

Juan also looks like the type that will get easily offended or upset if someone criticizes him or proves him wrong. It wouldn’t surprise me if the your-voice slack channel is gone, same with mens-n-things.

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Post ID: @h2+1jpay1rps

My Director and EMG are also out of state…silly considering they get higher salaries but work less

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Post ID: @ev+1jpay1rps

I’m the only one on my team (10 ppl) that is within the 60 mile radius (live 47 miles out).

My director/manager is in California, my lead is in Hawaii (military spouse), 1 is in Iowa, 2 are in Minnesota, 1 in Michigan, 2 are in Ohio, 1 in New York.

Yet I have to be in office just to be on zoom calls with them. Back in December, while other teams got to have their team holiday luncheons or dinners, I couldn’t even tag along with another team because the budget was team specific.

My last 1-1, I asked my manager if the rest of the team can travel in for PI or at least once a year, she only said “travel is cut for everyone except EMG.”

Speaking of EMG, my ED is in Seattle.

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Post ID: @eg+1jpay1rps

Unfortunately, this wouldn't surprise me in the slightest. I've heard seemingly unsubstantiated rumors of this for a while, but they've been from different people on different teams/areas, so they clearly heard it from different sources. That lends itself to the idea that senior leaders are already discussing it as a possibility or inevitability and that the information is trickling down.

I expect that we (USAA employees collectively) will go through the same "stages of grief" that we did with the initial RTO push: denial, anger, bargaining, depression, and acceptance.

"I don't think they'd actually do this, it would hurt employee morale."
That's denial. There's no way they'd actually do this, think of employee morale! Pulse surveys say that employees want flexibility! They have never and will never care enough about Pulse surveys to back down on a decision like this. The only types of Pulse survey action items they may take action on are things like, "Our computers aren't powerful enough" or, "It would be nice if we could get some snacks in the work area." They're not going to back pedal on RTO because employees are complaining. Full stop.

"I can't believe they'd do this! Let's tank Pulse surveys and make our voices heard on Slack!"
That's anger. Employees are going to get angry, lash out, rant on Slack and on here, and generally make their feelings known. As we saw with RTO 1.0, this will do nothing. We can cry, scream, and protest all we want, but the BoD/EMG will do nothing. Once the decision is made, it's made. You can scream into the void all you want, but don't expect it to do anything.

"How strictly is this going to be enforced? Can I be exempted? What about a JAR? Maybe if we continue to push back, they'll reverse the decision."
There's your bargaining. No one is being exempted without extreme, undeniable circumstances. No one is getting a JAR approved because of anxiety, needing to care for a loved one, inconveniences, or anything else of the sort. If/when this announcement is made, ~99% of employees will be forced into compliance or managed out. They already have turnstile reports in place to track in-office attendance. All they need to do is tweak some settings and they'll be able to immediately tell that Jane Doe only spent 6.95 hours in the office on Thursday, or that John Smith worked from home on Wednesday.

"This su-ks. USAA su-ks. I'm still going to come in, but I'll be looking for another job."
Depression. From senior leadership's perspective, it's smooth sailing from here. The initial shock and turmoil have worn off. People aren't happy, but they've resigned themselves to the fact that this is how things are going to be. They'll still make snide comments and passive aggressive memes, but they've lost their fervor.

"Well, seems like every other company is enforcing RTO. This isn't a uniquely USAA problem."
And finally, acceptance. Employees have adjusted to the new normal. They've figured out all of their life's "trivialities" like child care, elder care, schedule conflicts, and everything else that gets in the way of their life's true purpose: sitting in an office chair for seven hours per day, five days per week.

Here's what else is going to happen:

EMG will claim that this isn't an attrition push. That's a lie. Laying people off under the current severance package is extremely expensive. It's far better and cheaper to push people to leave of their accord.

EMG will claim that this is for collaboration, to reinvigorate USAA's culture, and other PR-approved blurbs. That's also a lie. As long as the Baby Boomer generation continues to hold the majority of senior leadership positions, optics beats productivity. In their eyes, it's better to have someone in the office dressed in business casual giving someone a firm handshake than it is for that employee to be at home actually cranking out high quality work.

Unlike Wayne, I predict this new CEO will not take kindly to or allow open dissent. Expect channels like #memes-n-things to get shut down or otherwise nerfed.

Expect productivity tracking software to make its way to FTEs. It has already been piloted on 3P to ensure that USAA is "getting what they pay for," so it's only a matter of time before they turn it on for all employees.

There will be lots of talk of mass attrition, but that won't happen. USAA leadership knows that the job market is bad right now and they are taking decisive, opportunistic advantage of that.

Layoffs will continue, hiring freezes will be frequent, and employees will continue to be expected to do more with less.

I expect that any benefits we currently have that are "above industry standards" to be reduced. I'm not going to list them out, but some of our benefits are still far beyond the competition. Since USAA is no longer competing on a national scale like during the pandemic, they can cut them to be comparable to employers in San Antonio, Tampa, Colorado Springs, etc.

I sincerely hope I'm wrong about all of this, but this isn't my first time around the block. We are the frogs and USAA is the boiling pot. It feels like every decision being made by those in charge — both inside and outside of USAA — is a retaliatory action for the comfort and flexibility we all had during COVID. They need to remind everyone who's really in charge.

Boomers never got to work from home, so neither should we. They had to commute to an office to work their entire career, so why should we get to stay home or have flexibility? After all, the only way you know you put in an honest day's work is when you're sitting in bumper to bumper traffic on the way home from the office.

They justify it by pointing to the grandiose home office we already have, but fail to recognize that that is the sunk cost fallacy at play. If they wouldn't spend the money to build another office just like that, it doesn't make sense to continue to use it as justification for in-office work.

They justify it by claiming in-person work improves culture, yet slash any benefit or perk that made USAA's culture great to begin with. Not to mention the fact that everyone commutes to an office to sit on the same Zoom calls and Slack threads that they were at home.

And to be perfectly clear: This isn't so much a complaint about working in person. The vast majority of jobs require in-person, physical presence (healthcare, retail, manufacturing, etc.). As far as offices to work in, the USAA home office is about as nice as it gets in terms of amenities and creature comforts. The primary complaint is that we have a generation of people who can't convert a .docx to a .pdf running the world. They simultaneously push for AI/technology to replace human workers while demonizing the very technology that enables people to work from anywhere.

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Post ID: @e9+1jpay1rps

I understand there are operational reasons or potential tax benefits behind the return to office (RTO) initiative. However, it's important to note that my entire chain of command, from my director to my SVP, primarily operates remotely, and 90% of my team is in the same situation. For collaboration with colleagues who come into the office, we mostly rely on tools like Slack. That does not feel collaborative. I often dedicate weekends and late nights to ensure we meet deadlines and explore innovative ideas that can help USAA thrive. With the RTO, some of that valuable time is now spent commuting. If this is the path USAA has chosen, I'm willing to adapt, as it is ultimately their decision.

That said, if the aim is to revive the spirit of USAA as it existed before the pandemic, a heavy-handed approach might inadvertently stifle the very essence this organization strives to embody. We need a supportive culture, much like that of Ted Lasso, where employees come to work filled with enthusiasm, and their positive energy inspires those around them. I notice many frustrated faces, which may not be the best indicator of employee satisfaction. The spirit of working for USAA feels fragile, and to quote a movie, "there's no prosthetic for an amputated spirit."

If we're heading towards a full RTO and genuinely wish to rekindle the USAA spirit, we need to cultivate an environment where everyone—leaders and workforce alike—genuinely cares about one another, from our colleagues to our members. We must recognize our shared humanity and foster authentic connections rather than merely offering platitudes. Let's not complicate our mission by chasing after superficial trends. What truly makes USAA exceptional is the human experience and the empathy we show our members, understanding that nurturing these relationships is an investment that may not yield immediate returns but will pay off in the long run. Let's cherish and protect the old USAA spirit. Embracing it will ultimately make us all proud.

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Post ID: @dt+1jpay1rps

Who was posting about not working? I must have missed that. In my experience, my team was far more productive at home, and that’s verifiable. Numbers don’t lie. If there are people who slacked at home, the same people slack in the office. Think about all of their chat breaks in the hall, desk visitors, running for coffee, surfing the internet, making memes, watching netflix. Working from home doesn’t magically turn high performers into bottom of the barrel. This is nonsense thinking. Managed the non performing employees accordingly. Don’t punish the entire workforce for the actions of a few. This is the logic that keeps esat in the toilet.

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Post ID: @db+1jpay1rps

I want to say that this would not happen, but seeing we are managed by the most myopic ba----ds out there, I would not pur it past them to pull some stupid stunt like that.

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Post ID: @ca+1jpay1rps

Employees all over this site kept posting about how they never showed up for in office days even when the schedule was 3/2. Posting about working in your underwear, or simply not working at all so you can run errands or do laundry was probably not the best move. Demanding to be able to work when you want and anywhere you want was a little too much. These type employees will not be laid off but will be managed out. Stop posting stupid stuff.

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Post ID: @bd+1jpay1rps

Yea there was a call among outgoing/incoming CEOs and few BODs to discuss RTO plan for 2026-2027. I wouldn’t be surprised if the plan moves forward.

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Post ID: @ay+1jpay1rps

I really hope this isn’t true. The Pulse surveys indicate that employees want flexibility. They would really love to return to three days in and two days at home. Leadership keeps asking how to bring the culture and morale back and the employees are telling them. switching to five days RTO will absolutely send a message nothing employees have no voice, and ensure that employee satisfaction never recovers.

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Post ID: @as+1jpay1rps

Well if thats the case, then it applies to EVERYONE, not just a select cosa.

Remote workers, that means you. Sorry not sorry.

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Post ID: @af+1jpay1rps

What USAA needs to do, but they won’t, the EMG they hired who are remote, make them move within 60 miles of an office, give them 6 months notice, if they can’t, then here’s your 26 weeks severance.

My ED lives in Hawaii and openly brags about using his personal credit card for work travel to rack up the points then gets reimbursed by the company to pay the card off. He comes to the Tampa office once a month for a week, when there’s PI planning, he’ll make an extra trip for that.

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Post ID: @a3+1jpay1rps

Yes and already remote employees are being frozen in their current position and in order to get a new one they have to move near a hub.
If you are remote you need to start posting out or prepping to move

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Post ID: @a1+1jpay1rps

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