Thread regarding U.S. Bank layoffs

Why is USB doing everything to drive talent away?

They’re creating conditions so no skilled person with options would stick around. You can’t offshore every job. Thinking you can automate anything beyond repetitive tasks is laughable. Chasing the bottom of the barrel guarantees problems. Specific experience, role secrets, and workarounds matter. Paying for quality is an investment, while saving $10 now can cost $100 tomorrow. Apparently, they haven’t grasped the concept. Piles of money, right here and right now, are blinding, I guess.


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| 3451 views | | 15 replies (last January 8) | Reply
Post ID: @OP+1kd4dwy69

15 replies (most recent on top)

The best way to get a good rating at review time is to slap your name on the successful work of others. The scrum master position was created to reward the incompetent.

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Post ID: @2mp+1kd4dwy69

@2h7 This!

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Post ID: @2hh+1kd4dwy69

It’s really not more complicated than this: U.S. Bank is run by incompetent people whose biggest fear is being unseated from their role. Their focus is always going to be self preservation first. Don’t overthink it. It’s that simple.

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Post ID: @2h7+1kd4dwy69

Hard work isn't rewarded here. Brown nose, untalented a-s kissing, being a yes person is rewarded. Management knows they are hated and disrespected. They believe everything an a-s kisser says because they have had their tongue in places you can't imagine.

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Post ID: @18v+1kd4dwy69

“ Because this company is being led by actual mo--ns. The institutional shareholders should fire the entire board of directors for allowing this to happen.”

One thing to realize here is that the largest owners of USB and most companies are just index funds which automatically keep investing into companies like this. So there is no one who actually cares at the institutional investor to speak up for anything.

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Post ID: @17k+1kd4dwy69

Because this company is being led by actual mo--ns. The institutional shareholders should fire the entire board of directors for allowing this to happen.

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Post ID: @163+1kd4dwy69

@ek you didn’t miss out. You saved yourself

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Post ID: @hz+1kd4dwy69

@ek This. There's no place for ethics at this institution anymore. Hope you get a pair of blinders in your stocking this year.

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Post ID: @hf+1kd4dwy69

@ej on the contrary, I think i missed out on the top tier because i DID question the unethical behavior of this company...

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Post ID: @ek+1kd4dwy69

@ee

You got a meaningful because you didn’t do enough self promotion, weren’t willing to step on or undermine others, did not question unethical practices, and treated everyone around you like human beings. You should be thankful you didn’t get a needs improvement…

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Post ID: @ej+1kd4dwy69

Eff this company. I break my back daily for this place and I get a meaningful performance? They wouldn't know good work or talent if it spat in their faces. Sc--w your GK and the whole mismanagement committee.

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Post ID: @ee+1kd4dwy69

Because our CEO loves India.

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Post ID: @ed+1kd4dwy69

We have been infected with the McKinsey Monkey-See-Monkey-Do disease.

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Post ID: @cy+1kd4dwy69

Cheaper than paying severance.

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Post ID: @cs+1kd4dwy69

This is all intentional to save money on the front end. Things like code quality, security and customer satisfaction aren’t even being considered as they slash more and more to make the ‘numbers look good’ for shareholders. The repercussions on the backend won’t matter as executive suite will walk away laughing with their millions. This has happened to most all companies that McKinsey touches (offshoring has been handled like a blueprint).

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Post ID: @c2+1kd4dwy69

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