Topics regarding layoffs at U.S. Bank

Topics regarding layoffs at U.S. Bank

Land of D(ISS)function

In my lengthy tenure at the bank, I have found ISS to be a vile sycophantic ecosystem of bros and buds. Advancement had little to do with talent and impact but everything to do with who you came up with and the relationships you established with... — read more 

What do grade letters mean?

I understand the grade number, but what does the letter mean? Like if you’re a grade 15F - what does the F mean?

Layoff

Has anyone heard of any layoffs coming? Big meeting tomorrow and am concerned about the topic.

Confident in Gunjan Media's Leadership at U.S. Bank

With Gunjan Kedia as CEO, I believe U.S. Bank is poised for growth, particularly in AI and Automation, plus genuine talent. His leadership can drive impactful change, enhancing efficiency, innovation, and customer experience. Exciting times ahead for... — read more 

CIO that can't be put in front of regulators

So let me understand Robin and Dermot's hiring plan for senior exeutives Hire a CIO, Leigh-ann with a scandelous past at BP. Has no real CIO skills and can't be allowed to talk to the regulators. She flies around the world and doesn't do an ounce... — read more 

If you miss high school drama

Do you miss middle and high school mean girls clubs? Gossip, mind games and bullying. If so come on and apply for CBB Risk positions. The more managers and overturn a team has will your clue that you found the right team to torture you into... — read more 

USB rehiring 3 months after layoff

USB posted my old job on Linked In 3 months after I was laid off. They posted it for a lower pay range than I had been making and are seeking someone with less experience (ie. younger). Job responsibilities are identical. Manager said my layoff was... — read more 

Layoff checklist megathread

Those who were let go, what tips can you offer. Expecting to be let go in Q2. For example: update workday with personal email claim volunteer service days Print cash balance statements

EEOC Claim Filed!!!

I wonder how many others have filed with the EEOC at this bank? This place is ridiculous!

Sad compensation

After 10 years on a team im still not at midpoint and comp ratio less than 90% even though im a high performer and are the most experienced person on my team. It doesnt seem right. Is it because my direct manager doesnt want to give me more comp or... — read more 

Jobs other than US Bank

If you got laid off / want to abandon ship, look at areas other than banking/finance. Have an open mind. You have skills that are applicable in more fields than you think. Look for "essential" roles. Anything needed to support day to day. This... — read more 

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Post ID: @OP+1jmjh7f97

New employee monitoring software installed

FYI: Just saw that a monitoring program called Nexthink Collector was installed on my work computer as well as all of my colleagues. I’m sure it’s there for our benefit and not any nefarious purposes. /S

Corporate Payment Systems

This lob is dysfunctional. Management is inept, lacking skill and direction, so their employees suffer. Stay away from working in this lob.

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Post ID: @OP+1jmfh77sg

Official RTO Notified This Week

There was a previous post that announced RTO would be officially announced. It got a lot of negative votes and people posting angry responses. Now we got the information today. You cannot tell people anything if they don't want to hear it; some... — read more 

Hilarious TTUS survey article on main page

“You also continue to share concerns regarding our company leadership, vision, particularly related to workforce strategy and organizational changes and, subsequently, how the changes have affected your workload, career development and trust.” New... — read more 

Those leaving

Utilize your FMLA prior to putting in a resignation letter or leaving for an external position. Its a benefit you are allowed and there is no law that prevents you from utilizing your FMLA at one employer while working for another. Use your... — read more 

Not fair

How is it possible that a new hire grade 12 makes 120k? Whereas a experienced grade 12 is making 100k? This is bullsh-t unfair.

Any update on talech layoffs?

Title. Having lived through 4 layoffs at talech over the last couple years I’m wondering when my head is next to get chopped. Anyone know anything about the plans for talech?

Columbus hub

When does RTO start for Columbus hub? Do they have adequate seats? Have ETE folks made arrangements for back-to-office at Columbus hub?

RTO 3 days or more

I’ve been reading that 11 days in the month count towards the tracker. Is this true? I’ve had to miss a few during weeks so can anyone confirm? I’d rather make it up in the upcoming weeks if so. Also, taking off and holidays should count towards the... — read more 

Life after bonus!

I am leaving once the AIP amount is deposited in the bank. Taking a spring break and joining new employer shortly thereafter. Decent raise at new place, had a good run here. Don’t like whining - So searched something elsewhere & leaving.

Elavon Update...

Elavon has seen another round of layoffs in recent weeks, with employees set to depart during the first two weeks of March as part of their working severance. Morale hasn’t been this low in all my time at the company. Any further updates on what’s... — read more 

Bonus Funding

Anyone heard anything about what bonus is funding at this year?

Consequences

What are the actual consequences of not adhering to the RTO. My hub is a ghost town. I know it is part of your review, but what is the consequence? Smaller bonus, no raise??

Bonus time

So on the call today, they mentioned bonus info will be given out starting next week and up till 2/21 is when everyone will be informed. Is the pay out date still 2/28? I know lots of people will be leaving in March after that bonus check hits — read more 

Ready for laid off

It will be interesting to see how many U.S. Bank employees face layoffs this year, especially as the company continues to absorb the high costs of Amazon and EA hires over the past year—significantly straining the cloud program budget. Despite these... — read more 

Charlotte Hub

Heard today April is our time for return to office. Anyone know what buildings they will be in? Also, anyone know what percentage I need to adhere to in order to get a good review?

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| 2090 views | | 9 replies (last February 18, 2025)
Post ID: @OP+1jkbm5pmc

Outsourcing Underwriting to India?

I’ve heard rumors that some functions of loan underwriting (Commercial and possibly business banking) have been outsourced to India. Any truth to this? If so, do they plan on more outsourcing of underwriting to India?

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