Thread regarding USAA layoffs

Wayne’s approval rating dropped from >50% to 42% on Glassdoor in a matter of months.

That is all. Do with this information what you will.

As layoffs begin to slow and Wayne attempts to do damage control on his reputation, let’s not forget how much heartache, frustration, and stress he’s caused for us and our former colleagues.

We’ll soon find out how many more millions of dollars he’s earning this year when Nebraska publishes their insurance executive pay data. Let’s remember how many people those millions of dollars could have kept on the payroll.

WP has led us through two straight years of losses, a first in USAA history, and will likely be rewarded for this by getting another 100%+ raise. Meanwhile, the rest of us deal with a worse health insurance experience, raises that don’t keep up with inflation, fewer and more difficult promotions, less money in our pockets due to increased commuting costs, and more, all so the Peacock can justify the millions he spent on hiring McKinsey consultants… millions of dollars that could have been spent on keeping our friends and coworkers employed during one of the toughest job markets in recent memory.

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| 1051 views | | 5 replies (last March 8, 2024) | Reply
Post ID: @OP+1rmWVZkn

5 replies (most recent on top)

OP should step up and take a bow for being strikingly prophetic. WP's compensation well over doubled from the previous year. Thanks, Nebraska, for the opportunity to see just how bent over the barrel we are as the ones who actually do the work that keeps USAA afloat.

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Post ID: @5fnf+1rmWVZkn

Just about every insurance company wrote at a loss. Kinda difficult to blame those results on him since he’s not a pricing actuary and can’t control pandemics.

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Post ID: @3lit+1rmWVZkn

Remember, what bis reported to Nebraska is only a PORTION of his total pay. He gets another paycheck for as much, if not more, from the Bank, but doesn’t have to include that in what is reported to Nebraska. He makes at least twice what gets reported to Nebraska…TWICE. AT LEAST.

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Post ID: @1zyh+1rmWVZkn

His rating used to be at 69% over a year ago. It definitely needs to be less than 39% to match employee sentiment

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Post ID: @1jyb+1rmWVZkn

I approve this message

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Post ID: @1dcx+1rmWVZkn

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