Huge layoff next month because bank have to meet their new goal of Operation efficient, meaning more layoff coming, on top of all the September layoff. I just don’t care anymore

Any update on how clients are responding to massive changes in coverage. Hear big mess with big loss of clients/revenues likely. How will it affect those of us in products groups and credit?

Elfio scheduled a last minute HR town hall for 10/1. Any HR peeps care to share what’s going on?

I’m hearing about it more and more. Is it likely?

It's easy to complain and worry. What you should be doing is getting your resume updated, polishing your LinkedIn profile, and being ready to move if needed. Job security is all about knowing you can work anywhere. Focusing on that mindset will make... — read more 

Any layoffs soon? Specifics of what departments?

My department issued numerous RTO warnings today. Those receiving the notices were not in office at least 90% of the 3 day requirement between March and August. Not sure if this is a department only or bank wide review. Our division head is sort of a... — read more 

I used to be proud to say I worked for U.S. Bank, now I just feel stupid that I wasted so much time working for a company that doesn’t care about their employees. We mean nothing.

Learn how to have a conversation with your direct reports if they are impacted by RTO. Don’t tell them that you “understand” ESPECIALLY if you THE MANAGER are a remote employee. You don’t understand. Don’t tell the employee with children that... — read more 

What is going on with these high level people jumping ship ?

So what happens to the employees who do not have literally a HUB near them?? Do we automatically get laid off ???

It’s coming… I just don’t know when or if they started yet? Does anyone know?

Was this confirmed, or is it still just a rumor?

Does anyone know where the Chicago Hub is located and when we will be required to start working from there? My manager got an email yesterday but no details.

https://www.forbes.com/sites/alexanderpuutio/2024/04/25/why-most-ceos-are-likely-to-overturn-their-rto-mandates-by-2028/

Any more layoffs in 24 hour banking happening?

Was last week's wave of layoffs pretty much it for the rest of this year, or are there still mass layoffs planned for October? Any inside scoop?

This place deserves nothing more.

If you were severed are you moving your accounts? Where? What about credit cards? I find it highly suspicious that 3 weeks after I was severed I got an email from USB card that made it sound like I was required to update my salary. I assume they... — read more 

Especially veterans, of whom many were laid off because they were costly as a consequence of being experienced and established. Note to younger employees: this company doesn’t care about you, so don’t care about them. Don’t invest more time and... — read more 

Were the fully remote not near a client center or HUB targeted this latest round of layoffs, or was it pretty much across the board?

Yes it’s true. I was severed on Monday with no warning.

Is this true? Mine wasn’t (unfortunately). What’s happening with the rest of us?

All the rumor came true, lots of layoff announcements today What a blood bath Just received a few announcements last hour

Just got word that 5 DM's in California get let go today. announcement will be made soon. any more info out there?

Which departments have cut people this month?

Which departments have cut this month?

Have heard rumblings of HR et al wanting to shift goalposts to include ALL of 2024 i.e. if you haven't been doing your 11 all year, you'll be dinged. Has anyone else heard this?

I migrated from union bank and had tons of vacation hours , California state allows rollover. However, US Bank told me it’s bank policy to not rollover and I was required to use it or lose it. Before raising he-l, I thought state law supersedes... — read more 

Where from? I see CBB & WCIB, and heard about GTSS. Lean on each other, update the resume, create a LinkedIn profile but watch out for scammers there. Don't buy Premium however. Indeed, Ziprecruiter, Glassdoor are the job sites I've used. I was let... — read more 

I am in Compliance and just got laid off. Do I get to keep my restricted stock, does it automatically vest, or do I forfeit that money?

https://www.currentaffairs.org/news/2023/02/exposing-the-secretive-and-sinister-work-of-mckinsey-co

Or is it all speculation based on the updated Strategy?

This website has been referenced and is being monitored in real time by risk people at the offsite. Looking for leakers. Paranoid much?

What are your thoughts of the development network conference call from today?

How long until USB and all the other major banks follow suit?

If you’re a former employee and you want a laugh, or a current employee and you want to cry, check out the article. Andy told investors that revenue will outpace expenses in the coming years. He spent the last 5 years eliminating producers and... — read more 

I have a feeling layoffs are coming soon to TOS. Anyone hear any rumors?

No org is displayed for my manager, his reports or his manager in Outlook. Intranet is fine. Should I be worried? Just paranoid?

Does anyone know if you are entitled to this amount if you are let go in an RIF?