Topics regarding layoffs at U.S. Bank

Topics regarding layoffs at U.S. Bank

tax reform bonus?

Will the bank ever give out a bonus like this again? https://www.housingwire.com/articles/42185-us-bank-becomes-latest-bank-to-increase-wages-hand-out-bonuses-after-tax-reform/

by
| 1010 views | | 4 replies (last December 4, 2024)
Post ID: @OP+1vGLaPiW

Bureacratic nightmare

Working in marketing here is from he11, no matter what business line you are in. Out tools su-k, our structure is broken, mo--ns are in ‘leadership’ positions because they have kissed enough butt over the years, power fights between between business... — read more 

Awfully quiet

Must be people in the holiday spirit! Haven’t seen an unhinged racist or bigoted post in weeks, must be nice to actually have a real conversation.

by
| 1070 views | | 6 replies (last December 1, 2024)
Post ID: @OP+1vGhHxgi

New 401K Plan

Must be here at the end of the year now to receive 401K match after this year to receive the lowly match instead of working 1000 hours. No increase in match, just another penny pinching measure. They just want us to quit.

The reality of being an entry level employee at US Bank

You're not an investment, you're just cheap labor. They’ll keep you around for a couple of years, have you handle the worst tasks, and then effectively let you go by skipping over your promotion when the time comes. I hope anyone considering this... — read more 

by
| 850 views | | 2 replies (last November 25, 2024)
Post ID: @OP+1vFskUM1

Who gets to decide who is laid off?

Who gets to decide who gets laid off and who does not? Does your personal manager get to choose or the HR does the picking by targeting those who are not following RTO? A few of my coworkers got laid off in the past couple months but they did follow... — read more 

SBS cuts?

Something weird is going on w/ SBS’s. I’ll preface this by saying I don’t believe they will get rid of that role but I think they want to downsize & are trying to weed ppl out/make ppl quit. In July they completely their revenue goal & how categories... — read more 

Truist acquisition rumors

Have heard from credible sources that US Bank will look to acquire Truist Financial Corporation next year. Anyone else hearing this?

USB to acquire Truist

Anyone else hearing that US Bank will acquire Truist Financial next year?

by
| 940 views | | 4 replies (last November 21, 2024)
Post ID: @OP+1vyMlxMH

Consultant Influence: Uncovering Potential Dynamics

I’ve noticed a growing reliance on consultants from various vendors within our organization. What stands out is that some individuals, who have previously worked with these consultancies or have longstanding relationships with them, seem to be... — read more 

by
| 1240 views | | 5 replies (last November 20, 2024)
Post ID: @OP+1vx4EixE

Fully Remote Update

Any updates for those of us who are fully remote and not near a HUB or client center? My manager doesn't know and it's been totally silent - I've heard no recent chatter at all.

PTO days

It is a part of your total compensation. Don't be swayed on artificial deadlines and manager pressures and lose that precious time you could spend with your family (the real one). Monthly layoffs have remaining employees picking up the extra work and... — read more 

by
| 1110 views | | 7 replies (last November 17, 2024)
Post ID: @OP+1vuXku4Q

RTO

How’s that RTO going and consolidation of floors?

by
| 1790 views | | 12 replies (last November 19, 2024)
Post ID: @OP+1vuNTjpJ

USB layoffs

USB has been laying off multiple people in different areas, more rounds coming in DEC and FEB(2025)

This site is becoming a garbage dump

Personal attacks, veiled racism and s-xism, misinformation…come on U.S. Bankers, what happened to the superior moral and ethical compass we all cling to?

Pay

I just found out I'm paid more than $10k less than a person doing the exact same job as I do in a smaller bank. Is this a me issue or is this normal for US Bank?

Souheil

Probably time to bring this discussion up. What exactly are his accomplishments with the bank to date? What were his credentials and/or achievements for getting hired by the bank in the first place?

US Bank Layoffs 2025

Share any updates you may have about US Bank layoffs? Any chatter, news or rumors?

by
| 2000 views | | 7 replies (last November 12, 2024)
Post ID: @OP+1vp9RTlm

Survey results

Anyone know if they actually do anything with the survey results. Do they consider making any effort to make improvements or are they just going through the motions? Any insight if they actually have discussions on the results?

Over it !!

This bank is solely focused on the cost savings from reducing full-time staff, showing little regard for the value or contributions of top performers being let go. Leadership's priorities have shifted, revealing a lack of loyalty or concern for... — read more 

by
| 1110 views | | 7 replies (last November 13, 2024)
Post ID: @OP+1vnlQFHz

Why even try anymore?

Greed has been running the show at US Bank for years now. Nobody should be surprised that so many of us have checked out and are just doing the bare minimum. Why should I put in extra effort when it’s more than clear I'm seen as expendable? A... — read more 

by
| 890 views | | 5 replies (last December 21, 2024)
Post ID: @OP+1vn9Co63

Reminder

It is generally illegal for an employer to tell employees not to talk about their salaries with each other, as this is considered a violation of the National Labor Relations Act (NLRA) which protects employees' right to discuss their wages with... — read more 

by
| 680 views | | 1 reply (November 7, 2024)
Post ID: @OP+1vnZi7ME

In case you wondered if there will be more layoffs

I know the answer. Layoffs and staff reductions are ongoing. It’s never done. Don’t let anyone tell you otherwise. Soon they will be hiring because there aren’t enough people. Then more layoffs will happen as departments shrink and resources... — read more 

by
| 960 views | | 2 replies (last November 8, 2024)
Post ID: @OP+1vnaNzk8

Deceptive Job Hiring Listibgs

Job board makes it look like we are hiring more than we are. Numerous remote people have quit. They then post separate listings in LinkedIn for the same position, for each hub. Example, a position that was Remote, I've seen postings for Hopkins... — read more 

by
| 810 views | | 2 replies (last November 6, 2024)
Post ID: @OP+1vlxwTHD

The technology decisions made by Ian Eslick have consumed the entire budget due to the hiring of ineffective leaders like Ajit and Madhu.

We are still dealing with EAs who have moved to different organizations, adding unnecessary complexity and chaos to the entire Zephanie & Joe Carole organization without providing any real value to the business. They are being hired at premium... — read more 

What are your Severance Packages?

Hi, reason asking is I’m curious what kind of weeks of severance pay people are getting along with how many years of service they have. Maybe this info would be helpful for planning for the rest of us wondering about being laid off. How many... — read more 

by
| 1720 views | | 10 replies (last November 4, 2024)
Post ID: @OP+1vjHFNav

Conflicting Layoffs Info

There's been many past postings that indicated there's going to be one more round of layoffs the week ending 11/15, while I've seen a recent post where the Bank is done with layoffs for the year. Which is it? Any HR anons or managers out there with... — read more 

by
| 1460 views | | 8 replies (last November 3, 2024)
Post ID: @OP+1vi9sKtd

Given the direction USB has taken

I would be happy to be laid off before the end of the year. I’ll take my severance, thank you, and run for a better place.

Still hiring

In the midst of laying people off, we're hiring more folks. Doesn't that negate the supposed cost cut the layoffs are meant to provide? Not to mention that it adds insult to injury to long-time employees who've been shown the door as they learn... — read more 

Job related stress and Sick Leave

A guy on my team has become so affected- physically and mentally- from this place that he has now taken Short Term Disability to get a reprieve from it. I have witnessed with my own eyes and ears- him getting bullied/mistreated for speaking up, other... — read more 

Start a new thread - post a news comment, question or message:

: