Thread regarding U.S. Bank layoffs

Layoffs started already?

Quite a few people are reporting layoffs in different departments. So sorry for all affected today. Good luck to the rest of us.

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| 2391 views | | 9 replies (last October 15, 2024) | Reply
Post ID: @OP+1uX02td3

9 replies (most recent on top)

@rde+1uX02td3

Your insurance lasts until the end of the month of your end date. My end date was 3/8/24 & it went until the end of March.

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Post ID: @3jfn+1uX02td3

Correct, seems like today is a huge gutting.

I'm 10 years employee and have heard from 3 colleagues today in different areas of the bank reporting cuts.

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Post ID: @3hck+1uX02td3

@3ytb+1uX02td3

Those of us sharing aren't being secretive to be cryptic, we're just trying to stay anonymous. Too much information wouldn't make who we are hard to pinpoint and you know this site is watched by HR and execs. They'd be d-mb not to. Just because you haven't heard of anyone doesn't mean it's not happening. One org directly connected to mine got absolutely gutted today. They're happening, it's not a drill.

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Post ID: @3dpq+1uX02td3

@3ytb+1uX02td3 the ones I'm hearing are mostly in Technology and Operations Management (TOS) as those are going offshore.

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Post ID: @3bmu+1uX02td3

I see a lot of posts about layoffs. I see very little about what area? I have yet to hear of one person getting laid off.

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Post ID: @3ytb+1uX02td3

@nod+1uX02td3 What is your unit

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Post ID: @ram+1uX02td3

Does insurance last until the end of the month if you are paid off? Have they stopped giving a 60 day notice period? I guess next week will be a blood bath if they already jump started on Friday.

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Post ID: @rde+1uX02td3

I’ve been told that regions within wealth management are consolidating and layoffs within leadership occurred.

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Post ID: @nta+1uX02td3

Was laid off along with a decent amount of my business unit today. Did not receive a 60 day notice.

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Post ID: @nod+1uX02td3

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