US Bank employees need to brace themselves because the layoffs are coming. If you think it's going to be the MUG employees you would be wrong it will be US Bank employees.

Has anyone else noticed that additional job responsibilities are being added to your role moving forward? It seems like duties of other teams/departments are being assigned and it seems like this may be happening in anticipation of more lay-offs... — read more 

I got a new job! I am going to share my experience because I know there is fear of the current job market: It only took 3 weeks. I am receiving a LOT more in pay. There are a LOT of jobs out there- I noticed it pick up this month. Wishing you all... — read more 

I feel your pain. I had almost 10 years. Shield Awards, manager commendations, got along with my coworkers. Nows the time to use those connections for your next job/move. If you're staying in banking/tech: God Speed, I'm done, it's a Sh*tshow right... — read more 

Union Bank employees get's different pension name? Is it different than U.S. Bank 2010 Cash Balance? I see U.S. Bank CashBalance pension plan was posted already this week but not for MUFG Pension Plans?

When will funds be deposited to pension? I don’t see it yet. I did get the 401K match

It’s pretty simple, this place just never inspired me to do my best work. My advice, there are plenty of opportunities in this Bank, find someone you respect and work your way into their organization. There are some great managers and a whole lot of... — read more 

Paul Peterson is supporting Narayan (formerly of Amazon , Ian Eslik's bad decision), who reports to Pete, in an effort to establish a stronger position. However, Naryan has yet to provide value to organization. Under the leadership of Narayan and... — read more 

Has anything ever come of this time tracker?

I’ve seen some different answers, when is the 401k match?

Hired Jan 2023. Did not get any match in Feb 2024 since hire date was just shy of full year before match paid out. Laid off Dec 2024. Can I expect a match paid out? I never got any clarity from my worthless manager. Anyone have any thoughts or... — read more 

Ok so banking is sh-t. At least medium and big banks. What industries are doing decent and are not in the middle of a 2-4 year layoff bloodbath frenzy? Obviously not big tech or banking. But any others, that have larger companies with plenty of... — read more 

GK and AC addressed senior leadership this morning and the main takeaway was her three primary goals for 2025. She buried the lead when she listed them as Growth, Payments, and “Aligning Expenses”. Also mentioned the alignment would happen quickly so... — read more 

2/28 for LTI?

Since usbank is sh-t now, what other banks are good to work for and why?

As many predicted last year, Andy was gone and new President was going to be new CEO. Many also predicted new CEO will force 5 days in office and offshore many departments. I hope a buyout is offered. The Trump administration is offering millions... — read more 

AC is out as CEO mid April. Gunjan Kedia to take over. Thoughts?

It seems there is a lot of transparency and information available regarding grade levels, salary ranges, officer titles, etc. Is the below accurate: VP Level 16-17 ? SVP Level 18+ ? What is the process to get promoted to SVP level… does this... — read more 

Is USB going to mail out the forms or make you go through some convoluted account registration process to print them off?

Hi everyone I’m trying to better understand how salary grades work at U.S. Bank. Based on my research: Officer title employees are in salary grades 11–12 AVP title employees are in grades 13–15 VP title employees are in grades 16–17 My questions... — read more 

Feb brings G18/17 exits (announced). Watch G16/15 space - patterns suggest possible next wave. Stay focused, stay sharp.

I spotted this in a CRE deck for a “Working Together Ops” mtg I missed yesterday. Something about the option for employees to access premium cubicle seating through payroll deductions, and that it could be a new income stream for the bank. Did anyone... — read more 

If you think it’s bad now, it’s about to get as bad as it possibly can. Discrimination based on race, color, religion, s-x, s-xual orientation, gender identity, or national origin is no longer prohibited. U.S. Bank can’t promote diversity, end... — read more 

The higher-ups are fixated on saving every dollar, but they expect the best talent to work for peanuts. Spoiler alert: no one worth hiring is buying into that. And honestly, paying a bit more could let us hire fewer but better people, which might be... — read more 

A lot of gossip about layoffs being over until Q2. Any information to the contrary? It would be nice to have some time to focus on other things, like searching for another job, instead of worrying daily about losing this one.

Has it been almost a month without any progress from the Head of Product, Narayan? He has become a bottleneck for many engineering deliveries, including those involving his product manager. His direct report within engineering, a former Amazon... — read more 

Elfio had my last post removed. Let me repeat, Elfio is having a virtual lunch with HR folks that have been forced to RTO. This is the equivalent to dining with your executioner. He’s going to be handing out virtual 🌹 roses while pretending he’s... — read more 

With the huge push for RTO I have a feeling those approved to WFH (those over 30 miles from a hub) will be laid off sooner rather than later and if needed, replaced with someone who has hybrid availability… Unless their position is not one easily... — read more 

Some RIF in those two areas over the past week.

Does anyone know if there is a real difference between the bank’s PBP and AIP? For grades 14+ is LTI automatic?

Layoffs for this quarter completed. New ones in Apr/May for Q2. Get ready. Next one could be you. After all, positive operating leverage !

I was laid off in November 2024. This question is directed at current employees. Has there been any communication on when the 401k match will be posted and when the credit to the cash balance pension plan will be posted? Are they planning on... — read more 

Pretty large bunch this week for Q1.

That would finally push me out. I know it would be really bad for a lot of people, but in my case it would be very helpful in finally making a decision to part ways with this awful bank.

What have you heard/know about this location? It’s my assigned building starting in Feb.

This job has gotten me to the point I was approved for short term disability. Burn out is real and comes with physical and mental symptoms. Anyone else feeling it?

https://www.brightworkresearch.com/the-terrible-rise-of-the-indian-recruiters-in-it/

Managers, on the dashboard that is used to track this metric is it calculated based on 11 days required in office per month, 3 days required in office a week, or some other way? Based on badge swipe data only I believe?

How are things going these days?