Thread regarding U.S. Bank layoffs

Has anybody’s team been functioning properly since layoffs?

Mine is in complete disarray. We have been working really hard to compensate for all the people who were let go, and we can still barely do the job. I’m angry at myself that I’ve accepted the circumstances and have been working twice as hard, knowing that it will not pay off and that I’ll probably lose my job at first opportunity anyway.

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| 3271 views | | 21 replies (last January 4, 2025) | Reply
Post ID: @OP+1wd1azPP

21 replies (most recent on top)

How is the job market looking? I’m going to start looking for a new job. Anyone having success or extreme frustrations with job searching?

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Post ID: @12n+1wd1azPP

@wy+1wd1azPP Wish I can give you a hug. I feel the same ways. I’m so mentally beat down I spend hours in tears right now.

During my performance review I was blamed for the situation created by a re-org and told I a low level employee could have managed it better.

The lack of leadership, accountability and the general chaos of this place is insane.

I’m leaving for sure, as soon as I can.

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Post ID: @xp+1wd1azPP

Hi there- I am back from holiday vacation and ready to report for QUIET QUITING! After the person in the role above me left- I was “promoted”- with no salary increase or title increase. I have been doing my old job AND this job and I KI-LED IT- because I love what I do and I care about my teams and our product. But then- I got the worst performance review of my life- that clearly had an agenda….. and now…. What’s the point of even trying hard? Way to ki-l another passionate employee, U.S. Bank. You’re creating a dumpster fire.

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Post ID: @wy+1wd1azPP

Quiet quitter here! Works out because I have nothing to do anyways, as my department completely lacks direction from management and role clarity. So much talent wasted here. 🙄

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Post ID: @wb+1wd1azPP

People claim they are doing the work of three people, but in reality, they weren't doing any work before. Trust me.

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Post ID: @sk+1wd1azPP

I can’t think of anyone being pressured to take on more work who didn’t already have too much to do.

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Post ID: @rz+1wd1azPP

If people are doing 2nd and 3rd jobs from
other people, that is not good. It could mean the person taking it on wasn’t busy. Or the person taking it on is working a lot of overtime, and that means the manager is unethical.

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Post ID: @rq+1wd1azPP

"there’s no point burning myself out when they’ll probably lay more of us off anyway." There is no probably about it. There will be more layoffs. The bank is circling the drain. This is what it looks like.

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Post ID: @p4+1wd1azPP

It’s been truly terrible since layoffs hit my team. My new manager keeps pressuring us to pick up the extra work left behind and I keep refusing. They’re not paying me for more work, and there’s no point burning myself out when they’ll probably lay more of us off anyway.

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Post ID: @2jra+1wd1azPP

Ive only been in banking 12 years but can't remember any other time where coworkers then I'm not even close to at all openly talking about looking for new jobs.

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Post ID: @2yyr+1wd1azPP

Same here, doing job of 2 people for past 6 months after someone left,
I will be leaving after bonus as I am not going to work 2 jobs for 1 pay

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Post ID: @2tim+1wd1azPP

I picked up a second job from someone on our team that was let go. My manager was not able to secure an ‘exceptional performance’ rating for me due to me not meeting a certain % of RTO quota. The quota was determined by a senior leader, who is leaving the Bank. Thanks a$$hole!

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Post ID: @2mjb+1wd1azPP

I saw the writing on the wall and got a new job at a different company in mid-October. The day I resigned I was told my team was being dismantled and shipped across the org. A few weeks before that my manager also left for another company. Just know not all companies are this bad. My new company pays better and is far less stressful. I’m not nearly as worried about mass layoffs. The management and leadership at my new company actually cares about the employees or at the least treats people respectfully. US Bank was a great place to work at one time. However, it is a complete dumpster fire now. It will not get better any time soon because USB’s current leadership is terrible and heartless. Find a new job and get out asap. Change is difficult but you will thank yourself once USB is in your past!

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Post ID: @2lnp+1wd1azPP

My team is pretty old.at least early 50s + is our average age. I think the older folks are definitely quiet quitting angling for a package. I don't blame them.

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Post ID: @2aca+1wd1azPP

I’m quit quitting. I had a year from he-l and basically was told to do better while I kept the boat afloat both morally for my team and in terms of value and production.

So much high school behavior. It cost me a lot of my mental health. I won’t continue to high perform for zero benefits for me in terms of title or compensation.

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Post ID: @2fmv+1wd1azPP

There are some areas in Operations that have no worker bees left, all senior manager types who give orders but nobody left to actually execute those orders, it’s ridiculous.

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Post ID: @1tit+1wd1azPP

They lay off a bunch of people showing they don’t care about their employees then expect those left behind to do double or triple the work…nope! You can’t treat people that are loyal like they mean nothing and expect them to keep going above and beyond.

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Post ID: @1auk+1wd1azPP

Wait until the bonuses are paid for more chaos. Lots are already quiet quitting.

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Post ID: @1uen+1wd1azPP

They are preparing to sell this place.
All the signs are there.

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Post ID: @1jby+1wd1azPP

Always prepare yourself and be ready for uncertainty because you will be seeing more going forward in any organization.

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Post ID: @1sap+1wd1azPP

It is chaos. The seasoned vets who still care or at least pretend to are plugging along as usual. But the lower performers are using it as excuse to goof off.
And there are many new managers totally lost through no fault of their own. They don't know their new reports personally and have no idea about the strengths or weaknesses of each.

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Post ID: @xae+1wd1azPP

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