I was laid off in December 2019 just before COVID and still am struggling to find a decent long-term permanent job. How many others are in this same position?
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Tech reductions are confirmed for mortgage. Don’t have total numbers of timing but SVPs are meeting with groups next week.
Layoffs last year was March 29th.
Which department this year?
USB ALWAYS have layoffs in March
This is the company that told us we were ALL going over, that anyone who wants a job has a job. And now we’re asked to compete en masse for a paltry mix of job reqs at ratios of 165:30; 70:16. USB had more than 15 months to figure the onboarding piece out, and chose not to. They just don’t care, and I hope we all walk and boycott them in future. I know I won’t choose to participate in this dysfunction.
I know people in 2022 who won the Legends of Possible, went on the trip, and then were laid off 1 month after returning from the trip. That was only a couple of months after bonuses were paid. Good luck!
Nobody believes this who knows the company.
They are not going to pay bonuses, then lay off people just to pay severances - that never happened just as it never happened ever. A good number of people are going to quit after they get their bonuses and executives are going to move on in March.
This is just someone throwing out illogical nonsense
When is the notice coming?
Any chance those who have currently put in multiple weeks’ worth of notice will be shuffled off as part of any March reduction of headcount? Have someone in mind who needs to have their mid-Spring leave date moved up, stat.
I can assure you there will be layoffs. Under 500 I think, but think FinTech.
All I can say…
There won't be any layoffs
Are the Mufg Unionbank IT risk folks included in this round of layoffs?
You'll need to have HR pull the raw teams recording of the Elavon Town Hall before the expletive and the "sorry about the earlier mess up" get edited away prior to company wide posting
Any idea of what departments will be impacted?
Please provide verified/verifiable evidence for your statement.
I'd start with that payments executive that used an expletive in a company wide video town hall this morning, how embarrassing when recognizing he was reading from the wrong card, it's one thing to script what was offered to employees as a live event, it's another thing to use expletives when you can't even do that right.
Hopefully not true but bonuses are paid next Friday and severances were decent for folks laid off last year. Look at it as an opportunity.
The best layoffs are much like that three scoop ice cream cone, you have to start at the top
Hope they aren’t as rough as the 1st of the year layoffs. Those were nearly nonexistent.