Thread regarding USAA layoffs

Another Termination - gone effective today

Beth Reisinger was here a short time and was a key contributor under Jeff Wallace. It looked like he specifically brought her in to help at the CFO level any idea why she was let go the email that went out said it is effective as of today?

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| 2841 views | | 10 replies (last January 13, 2024) | Reply
Post ID: @OP+1qw7nw9Y

10 replies (most recent on top)

She was an “exec” and they have a different bonus structure. They have much higher bonus targets and long term & short term incentives.

She was either canned or she took a job with a competitor.

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Post ID: @2yql+1qw7nw9Y

@1xsb+1qw7nw9Y

Because people don't usually quit right before bonus time.

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Post ID: @2gpw+1qw7nw9Y

It’s surprising because we heard she was hired improperly. To the extent that Pat Teague had to get involved to make it look legit.

By improper, no other candidates were initially interviewed, she was Jeff’s girl as has been pointed out. They then had to post the job and hold “interviews” to clean up the mess.

Execs play by a different set of rules…

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Post ID: @1sfu+1qw7nw9Y

So "why?", right?

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Post ID: @1jbx+1qw7nw9Y

"After successfully opening the Charlotte office."

Wow. Such accomplish.

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Post ID: @1ahh+1qw7nw9Y

Wow, promoted to ed after a year, such wonderful luck…🙄🙄🙄

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Post ID: @1pfi+1qw7nw9Y

Likely misconduct or inappropriate behavior.

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Post ID: @1ctp+1qw7nw9Y

How do you know she was let go?

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Post ID: @1xsb+1qw7nw9Y

She was brought in by Jeff and promoted to ED last year after successfully opening the Charlotte office.

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Post ID: @1ieh+1qw7nw9Y

I’m wondering the same thing. My understanding is she and Jeff were long time friends.

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Post ID: @1cmv+1qw7nw9Y

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