I don't want to stay here anymore because this has become a joke of a company, but at the same time I'm quite nostalgic because it used to be really nice to work here. Do you remember the golden days? I'm trying to figure out how and when it all went downhill.
8 replies (most recent on top)
It all went to he-l when Joe Robles retired. Stuart Parker started it and Wayne Peacock is continuing it. I don’t believe there’s any coming back from this. If you are still employed at USAA escape now before they let you go. It’s like the Titanic… Get on the lifeboats now while you can.
Bob D—-s actually saved the company with very shrewd direction for reserve investments prior to Y2K. When the markets crashed, USAA was barely dinged. Bob D—-s was very blunt and in your face with his senior executives and employees. You knew exactly what he was thinking and going to do, not like today where rosy pictures with rainbows from management are par for the course. Yes, it was the beginning of the end of a legendary employee centric culture, but he told you why it had to happen and he was probably right about a lot of it. Enter Josue R——-s. Bob’s sudden departure that came about from his own indulgences not his job performance was tempered by the fact that everyone knew Josue and he had been the Chief Accounting officer for over a decade. Everyone knew him and his gentle, sincere nature. A good leader at the time, not perfect, but well respected. Then…the train derailed.
How does a comment about pride principals get deleted?
General Robles saw the future and wanted no part and retired. Then S hit the fan with Stuart, then Wayne wanted to get known, so what other way than to do the unthinkable, top Bob Davis as the worst CEO in company history, and he’s managed to do that in 3 years.
I agree that once we had to focus on the compliance issues and less in innovation and product growth everything started going to sh-t. We went from looking for competitive advantages (being the best option for customers, competing through talent) to aspiring to copy whatever the market does, including achieving the 50th percentile for pay and benefits.
Remember Pride Principles?
#10. Have Fun!
everything is great when companies are making lots of money
the RTO battle is going to be held everywhere and a recession is the best time to do it
like it or not the companies feel there is a productivity problem with everyone wfh
It went downhill with all of the spending and Bank growth that happened. Once we became a large FI, the process began slowly. Then when Joe had to retire and Stuart took over, it started to snowball and hasn't stopped since.