Thread regarding USAA layoffs

Cuck’s weekly update

Team, you’ve provided feedback that you would like transparent communication, so I’ve decided to start a new weekly update here. For this week, I’ve some good news and I’ve some bad news. Starting with the bad news.

Bad news: We (EC) made the tough decision to layoff about ~220 colleagues of ours. It’s unfortunately necessary to make tough decisions.

Now the good news is that the ~220 reduction in force has already pre-funded EC’s compensation increase including bonus for this year.

I know this is a lot for you so I’ll keep it short for this week. Come back next week for some more updates.

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| 2361 views | | 8 replies (last April 11, 2024) | Reply
Post ID: @OP+1rYlebo9

8 replies (most recent on top)

I want to join the discord... where/how can we all find it?

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Post ID: @1kzs+1rYlebo9

Of those 2,900 employees hired, how many of those were replacements due to the high turnover in many areas?

I wish the best for the 220 let go. I hope they find something they like soon!

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Post ID: @1bib+1rYlebo9

Yes - the "union person" was terminated a couple weeks ago. Discord is where they can be found and they are still helping to fight the fight.

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Post ID: @1bra+1rYlebo9

It's all over the news today, company let go 200+ but from beginning of this year, company hired 2900+ new employees.

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Post ID: @fyx+1rYlebo9

So sad
I don’t think the 220 is complete yet ?
Is there more to come this week or is it all over for now ?
Painful and distracted days ahead…

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Post ID: @rjd+1rYlebo9

220 soldiers have been mercilessly culled from our ranks, casualties of the callous decisions made by our high-ranking commanders, who have seen fit to sacrifice generals on the battlefield of corporate warfare.

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Post ID: @cdt+1rYlebo9

What happened to our union person? Did Wayne finally find a way to (ex)terminate him?

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Post ID: @ewt+1rYlebo9

220? Ouch

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Post ID: @ffl+1rYlebo9

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