More like back filling and patching holes.

US Bank has now closed 121 locations so far this year, the second most of any other major provider. But AC says its ok, so 😎 https://www.dailymail.co.uk/yourmoney/banks/article-14010997/us-bank-branch-closures-wells-fargo-bank-america.html

Are we entitled to pro rated 401k. Pension, and bonus, etc for those of us that lose our job this month?

How many of you have been given more responsibilities- and even those held by roles above you- for no increase in pay or title and absolutely no benefit to you? Good times.

I wonder how much we paid to receive that joke of an award. It means nothing if they treat employees as afterthoughts. It means nothing if you are not true full to how our numbers are showing more of a profit . It means nothing if those at the top... — read more 

Senior leadership has been terminating employees just before they’re fully vested or eligible for their end-of-year bonuses, disregarding the hard work and productivity employees have shown over the past year. This tactic, coupled with leadership's... — read more 

Senior leadership has driven the bank into the ground, celebrating themselves for supposedly improving productivity, even as they create an illusion with a false productivity ratio. Behind the scenes, they make massive job cuts, casting aside... — read more 

Senior leaders in the bank are mismanaging operations by prioritizing short-term cost cuts over long-term employee well-being and organizational stability. They've implemented sweeping job cuts, relocating positions overseas and to low-income states... — read more 

Since RTO, I’ve been drinking at the office. 🥴 Who’s with me?

I used to deliver $ to the vault in the basement. I read that US is exiting that building. What's the fate of that department? Relo to Gresham or...?

So this round of layoffs wasn’t enough? According to rumors, more than 7000 were let go. I wouldn’t be surprised if it was more. And, of course, there will be no break for us lowly workers who survived this round. One should just give up on this job... — read more 

It sounds like second week of Nov there will be another round of layoffs? Thoughts anyone?

US Bank wants to "modernize" systems and it isn't working. There are numerous instances however I know of one "modernization" where they could get what they are looking for for around $500,000 - they have decided to spend a minimum of 18 million to... — read more 

Many were given 30 day notice and still around. Most affected were grade 13-16, PMC workers. Another round is expected to be November 15th and this falls in line with previous layoff patterns, after Veterans Day and right before Thanksgiving

Any advice on who to report a toxic manager to? Is it even worth it at this point? I don't trust HR and even though U.S. Bank claims to not tolerate retaliation, I don't trust my manager to follow that policy nor do I trust U.S. Bank to take action... — read more 

Your contributions are valued! Happy Friday ! Sorry guys, just auditioning for a job in leadership. I was told I need to improve my attitude if I want to join the Ivory Tower.

The industry is now well aware of the S-show here. This week I got to round 4 at another FI. They knew a lot about us and they really hammered me about why I stayed so long. I talked about loyalty to my team and a sense of responsibility but the... — read more 

Me and others in my department got a email to take a survey for our department specifically. The survey says it is not anonymous like the TTUS. Did any other departments receive this too?

I just think companies should be legally offshored together with C-suite and upper management, not our jobs. Why should they enjoy all the benefits of being US companies, including having the privilege of extracting community resources, when they are... — read more 

Will Payments / Elavon / MPS be impacted by layoffs in the near future?

Why is no one talking about ACs leadership call yesterday? The HR topic covered the 3 things we really want to know: benefits enrollment, performance reviews and comp review. Of course there was no Q&A allowed and no one addressed the elephant in the... — read more 

U.S. Bank is quite a trojan horse of a name for a company outsourcing everyone and their mom to India (if other posts I see are true about that) That's like Swiss Bank being run heavily by South Korea. I don't mean to invade y'alls board as I am at... — read more 

It’s one thing to lack emotional intelligence and empathy as a senior VP corporate mumbo jumbo finance guy, but it’s another to watch your peers decide that NOW is the right time to assign tasks, make requests for XYZ, send reminders etc. Maybe wait... — read more 

Can someone please confirm if any of those pay a$$ holes have been layed off? MM? AR? JE? I can’t think of any shittier paycheck collectors.

This company doesn’t care about anyone, no matter how hard you work. It’s all the same - lousy raises and no recognition for anyone, from the star performers to those just scraping by. If you’re putting in the effort, it feels pointless. So, why... — read more 

This once well respected company has gone complete on the sewer. The lack of moral and complete common sense of those at the top is guiding light for what’s to come. Keep shoveling BS calls down employees throats while you term our colleges, and... — read more 

So we outsource jobs to India. We spend money sending leaders to India to lead “collaboration sessions”. Then we send onshore employees who are left- meeting invites at 2am in our time zone and are “encouraged to try to attend”. RIGHT. I need to... — read more 

I sent an email to a distribution list that had a TON of people- sorry for not knowing the exact number- but a LOT…. And guess what? A TON bounced back as no longer active emails/employees. Wow.

If you are still there, get out now. There is NO job security at USB. They overspent and now must cut expenses fast. More rounds of non-performance based layoffs are likely to come. The culture is also going fast. Have plan B ready.

or people who we actually need were disproportionately affected by layoffs? My team lost three people who were established employees, very experienced and competent, on whom the rest of the team relied upon to spot our mistakes, have creative... — read more 

Anyone else find it funny these layoffs always happen right after the giving campaign push. Not only are they planning to let people go and not tell them, but they also want them to donate first. This place is a joke.

...who responded to the Q3 Your Voice Matters: Talk to Us survey. Your feedback is important to us." No it isn't, but go off. "In Q3, you shared that you continue to value your immediate manager and their support of your work." As opposed to... — read more 

This is for any executive management lurking out there - you laid a bunch of people off. The damage is done, a lot of us are miserable. Congratulations. Own it. Stop with the secrecy. Broad communications at a company level that they happened and... — read more 

I feel like I’m walking this fine line between trying to do enough not to get pipped/fired, and trying to make sure that I’m on the list if another round of layoffs hit my department. I don’t want to lose my job, but I have no desire to survive... — read more 

People have literally fallen off the face of the earth. There were no comms sent out indicating what happened, who is impacted, when their last day is or an alternate SME to work with. Teams have deliverables that were committed for Q4 and no one... — read more 

It’s disgusting that leaders are holding meeting, calls and conference calls in the masses to disguise what is really going on. Employees are being fired in the masses and leaders think we don’t know! Let’s all join in the cheer and rants and... — read more 

It’s becoming very clear those not near a hub are targeted during “performance based” layoffs. Even really good employees and SME’s. Such a shame. I just hate the bank can’t be straight forward that they’re targeting remote employees, but I get they... — read more 

Don't give money to the blood su-kers. If you have accounts with USB then close them. Make them see the results of their actions. Advise others to do the same. Spread the word that US Bank has lost all credibility and ethics. Tell others to pull... — read more 

You are a manager of managers whom WORKS FROM HOME. Who the fu@k are you telling us on the conference call to get used to RTO?

Not sure how they are going to spin the next wave of layoffs, but undoubtedly more are coming.