Are the layoffs still happening? - seems to be quite out there now. If so, post below what you’ve heard/department

https://www.thelayoff.com/t/1hW2SBSq

Fake Accounts at US Bank? To meet sales goals? Come on... https://www.washingtonpost.com/business/govt-us-bank-workers-opened-fake-accounts-for-sales-goals/2022/07/28/a84c16c2-0e85-11ed-88e8-c58dc3dbaee2_story.html if you get a paywall propmt use... — read more 

I'm very happy that I recently left but I've worked here for a long time and I can't be indifferent when I hear what's happening now. Several people here mentioned that the bank is trying to impact the payouts on the grandfathered pension... — read more 

CFPB Fines U.S. Bank $37.5 Million for Illegally Exploiting Personal Data to Open Sham Accounts for Unsuspecting Customers JUL 28, 2022 WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) took action against U.S. Bank for... — read more 

For those like me affected by layoffs: If you don’t receive an email with your Workday home access link the day after your job elimination date, call to get it re-sent so you can sign your severance agreement. They claimed to have emailed it but I... — read more 

Yes, there'll be more layoffs this week.

Elavon is already a good brand in Europe. Writing on the wall look like American Elavon is going to quietly fold into US Bank Payments with US Bank leadership

For the eighth consecutive year, U.S. Bank has been named one of the World’s Most Ethical Companies by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. “Our employees have gone above... — read more 

With the constant layoffs on top of everything else, everybody I talk to says the same thing: I'm only here until I can find something better. That's it. Literally, not one person I asked said they were not looking. What does that tell you about the... — read more 

Payment services problems are not in middle management, they reside solely with payments leadership, the business is not growing, it is not expanding, the payment services division is not being run by payments people, U.S. Bank continues to report... — read more 

big RIF at Elavon, Boarding is going to be done in Poland. 187 between Knoxville & Denver

Has anyone else in collections got Laid off recently?

Does anybody know any actual numbers of how many have been laid off the past month at USB and Elavon?

Don’t understand why people had to be targeted and thrown out during the Great Resignation - would had plenty of people sign up for voluntary separation

Post updates in this thread.

They are happening today.

Anyone know if layoffs in the fraud/risk area are coming?

I was determined to quit ASAP but the constant layoffs have changed my mind. Why would I leave when severance is an option? I can't think of one reason why anymore. I'm planning to do only what I have to (no more going the extra mile, no more... — read more 

All business development consultants let go in the twin cities. Likely more to come

Seems like several departments were notified of management positions being by terminated yesterday. Anyone know the total number of jobs cut?

Let’s recap what everyone needs to do: resume update LinkedIn profile update and network there! if you’re laid off, some may choose to use the green “open to work” thing on LinkedIn after severance period ends. take stock of spending/... — read more 

There's no relaxing. There's no end to worrying. There's no end to stressing. Layoffs are the new normal. Layoffs will be happening indefinitely. It's as simple as that. I've said this before and I'll keep saying it. You're not safe. Don't act like... — read more 

Lots of good people leaving before they get laid off. Lots.

Does this mean we can relax?

As the title states, is there a defined or standard notice period?

Please reply if anyone knows if this part of US Bank has been affected, or rumors of any upcoming layoffs?

We've lost too many capable and experienced people to layoffs and I can't figure out why the leadership would think that's a good idea. We already feel their absence and it's only going to get worse in the future. Layoffs are supposed to rid the... — read more 

I'm worried every time I hear anything about layoffs, and I guess that's why I'm surprised by how many people here write that they'd like to be laid off. Is it possible that people are so indifferent to losing their jobs here? Isn't it better to... — read more 

Lots of people willingly leaving these days, too. Are you seeing a thing where there’s no official announcement? Like ya gotta figure it out for yourself? Or you see a LinkedIn update?

Does anyone see the BBS position going away? Kind of a middle line job with the bankers being able to do the same loans as the BBS and most BBS's are not trained to work commercial loans... Just really makes me question why that position is at US... — read more 

Things that improved for me since I left for a significantly smaller bank: salary, bonus, title, and company culture. The only thing that could use some improvements are benefits, but when you compare it to everything else, it's well worth the... — read more 

I'm 49 and I've spent more than a decade at US Bank. I'm still having trouble accepting how easy it was for them to get rid of me. It's not the job search that's the issue, I already managed to land a few interviews. It's realizing how unimportant I... — read more 

Any ideas? My last day is 7/22 so won't see the severance agreement until then.

So a group got their walking papers and last day is July 22nd. If you came from Citi mortgage then your safer than a long time us bank employee. This management group ran Citi into the ground then came here with their stupid ideas and it’s going to... — read more 

Just sayin. Next week will be another round, don’t tell me I did warn ya. Another massive round is already in the works and will be announced mid September

I see that others also write about cases where managers tell individual employees that they are safe. I was told the same thing, but I don't believe at all in most of what the managers say here! I can only imagine how it feels for someone who was... — read more 

At this point, nobody is safe at US Bank. Layoffs are not done. There'll be more, the only question is when. Also, there's no rhyme or reason for these layoffs. People who've been here for decades have been laid off and those who've been here for a... — read more 

Folks - I get that people are worried. It sucks. I feel it too. However, let’s all stop waiting for the hammer to fall and take matters into our own hands. If you haven’t updated your resume, do it now. Make sure your LinkedIn profile is also up to... — read more