I am really struggling with this past weeks layoff because a lot of the chosen people make no sense. How was it determined who would be laid off? In my area, many of those impacted were highly skilled top performers. Do any managers in here have any... — read more 

This season has been a relentless whirlwind with no clear end, and to everyone caught in the storm, I’m truly sorry. If you’ve already been laid off or know it’s coming, I hope what’s next brings more peace, less stress, and a fresh start that’s... — read more 

If layoffs continue next Wednesday, what about the teams that were already impacted? Can we consider ourselves safe?

Or they have 4 more years of consent orders execution cover to get fired?

For all bank employees, buckle up because it’s going to get a lot worse before it even starts to get better. Safe bet is, most current bank employees won’t be around to see that. We’ll either be laid off, just flat out let go, or the bank will be... — read more 

This site once again predicted when the rounds of layoffs would occur. I trust this site more than anyone in the C-Suite.

A lot of changes in BDA&M. How many were let go? What other bank groups were impacted?

This is the worst possible time for layoffs.

Did anyone confirm whether or not there would be layoffs next week? If so what areas?

Does anybody know if I need to check with my supervisor first before applying other internal job inside the organization or it’s not mandatory. Plz help.

I was part of a small group that got to tour the home office with the incoming CEO last week. He mentioned watching the 100 year celebration and seeing majority of employees back on campus for the first time since March 2020, and how he can’t wait to... — read more 

Is it just me or are most of the new hires...lacking in every aspect? No drive, no experience, no idea what they're doing... Is this the only type of employee we're able to attract these days?

Recent days have been unnerving as I watch mine drop by 8%. It's a lot of money down the drain. It will recover eventually, when, we don't know, lots of uncertainties and fear in the market.

I've b een hearing horror stories about how hard it is to get a job after you turn 50 and I won't lie, it's been keeping me up at night. With another round of layoffs approaching, I'm getting more and more nervous. Has this been overblown? Are there... — read more 

Most people are claiming that layoffs will happen on March 24th. Is this confirmed? I really need this job right now, as I imagine many of you do as well. If anyone has any information, please share.

Some of the so-called leaders here are a nightmare. They do not even bother pretending to be decent. Yelling. Insults. Power trips. That is their whole management style... You can almost smell the fear in the air. It's honestly embarrassing... — read more 

And another bites the dust

All this negative publicity. And here I was, trying to land an HR job here.

I know he’s stepping down, but in the 5 years that he has been in seat, how is it possible that the CEO didn’t hire or promote a single veteran to be an EVP on his leadership team? He made at least 12 EVP hires during his tenure, but not a single... — read more 

Someone posted in an older thread today that they are hearing March 24th for layoffs. No further info posted. Can anyone confirm?

Hearing that Ameesh is planning to ax strategy heads. Says leaders are “not aligned”. So get ready for more outside consultants!

The only reason I can think of to jettison WP and replace him with a Board member is cost-cutting. I believe WP was hired as a turn-around agent. By and large he didn't succeed. So they're sending one of their own to do it. It will of necessity... — read more 

Run until you think you can't run any further. Then muster up some energy and run some more.

If the company is standing firm on RTO and soon going to 5 days, why in the world do they continue to hire remote EMG!?! My area, we just got a new ED and he’ll be working remote from Tacoma, Wa. Pre Covid USAA, while they did interview EMG who... — read more 

Although my official year end performance rating (the one documented on OneSource) is “Met Expectations”, I was told that I actually received a “Low Met”. Is this bad? Am I at the risk of being pushed to “Partially Met”? Thanks!

BLUF: The bank maintains strong capital and liquidity positions, providing a solid foundation to address profitability challenges. However, the significant shift from profit to loss in Q4 requires immediate management attention to expense control... — read more 

A little birdie hinted about March layoffs. Based on the climate it seems plausible. Any insight? This is bank specific .

Layoffs? Anyone know more? Bank pres sent out a video that basically said 'brace yourself'

any one have any updates on this?

Need help creating a HILS for Directors. Employees have one (Honesty, Integrity, Loyalty, Service), but it is not followed by Directors. Here's a start: H: Hypocrite I: Ignorant L: Liar S: Spin the Truth

Be very cautious when you hear EXTERNALS who are hired as new so called “leaders” (BB) use buzz phrases like Industry Standard is to __________” or “Industry Best Practice is to do __________”. The next thing that comes out of their mouth is NEVER... — read more 

Long story short I’m looking for an attorney with experience dealing with USAA?

Did no one notice the swing late last week?

The absolute hubris of paying for a One Republic concert on campus stands out. Unbelievable waste. The lack of EMG leadership ability to navigate through the consent order has ki-led this company. The CEO that was in charge is in no way supposed to... — read more 

Are you listening USAA Board members? If you really want to help the company, engage a DOGE-like company to eliminate waste. The catch is that no single person or department is excluded. Everyone is fair game. In the short term, the pain would be... — read more 

Seeing post on LinkedIn, a lot where laid off on Thursday.

Who do you think this ends? Anyone thats holding on for a "package" just remember if the day does come, until then they are going to make your lifes miserable.

Q1 is going to be a bloodbath. The Bank isn’t making money and can’t launch new products without OCC approval (it’s in the public consent order). There’s no option but to cut operating costs (most expensive line item is salary). They timed the... — read more 

Dump the current Chief Strategy amd Brand Officer. I can understand and support the arguments that the CEO needs greater depth in the business then can be obtained from recruiting retired flag officers. But someone who has never served has no... — read more