I'm getting my fingers crossed. All we need is Board to fire rest of the EMGs reporting directly to Wayne. Get a new CEO & Team. GO USAA !!!!!!!!
CEO Tom?
Why did they not announce Tom for the CEO role? I thought he was the succession plan.
Was the CEO “retired” over falling ESAT scores?
Wayne sounded nervous in the last town hall, and then this random town hall came on. In corporate America, I’ve never heard of a score that low. Perhaps the board cared most about that? Overall, good riddance. Childishly, ding-do-g the Wayne is... — read more
New CEO = layoffs
It doesn't matter who it is. The result will be the same.
So… who’s the new CEO?
With annual meeting of the members coming up… it’s only fitting to replace the current CEO.
HR Rep on All Hands
Is it normal for an HR rep to be required to attend an All Hands call?
Suggestions for a Whistleblower attorney w/experience dealing with USAA?
I went one level below Wayne to share a concern with leadership about reporting irregularities. Despite the leaders open door policy, they wouldn't meet with me and a week later I was contacted by Employee Relations. Since then things have escalated... — read more
Usaa Salaries
Usaa salaries appear to have become below current market even compared to a year ago. As a lead now if I left and came back to same title lot less pay. Whassup with that?
Help me speculate about new CRO stuff
So hear me out - why do we think that moving Bank Audit / SLOD. Etc around and into Bank is a move? What could this mean ? Not being sarcastic but what is the end game - reporting to board vs CRO I am confused - let’s all chime in ready … go … bonus... — read more
What is going on in Audit
What are everyone’s theory as to what is going on in audit?
Sept LR rumors
Just rumors, or do we know it for a fact? I heard it from diff colleagues, but they don’t know anything for sure.
USAA is abusive
How else would you characterize a culture where fear and punishment are legitimate management tools and bullying by management is never punished in any way? I think that's the definition of an abusive environment. No wonder so many of us are looking... — read more
Possible Layoffs Tuesday?
Some chitter chatter on previous posts on this site that there are going to be layoffs tomorrow. Does anyone know what CoSAs and areas within those CoSAs will be impacted?
Bank CRO meeting today
Does anyone know why Seth called a last minute meeting today?
RTO tracking
Anyone know how the RTO reporting works? How many hours per day are you expected to be in the office? Can you just swipe your badge and leave?
Why many IT positions are filled with H1b holders?
Why many IT positions are filled with H1b holders? Many local people are fired and filled with H1b people. I am not against H1b but it should go to eligible local employee then any foreign visa holder. There was no H1b employees as FTE prior to... — read more
A Review of Wayne Peacock as a Leader
Wayne Peacock has literally obliterated every thing he has touched at USAA, with his hair brain schemes. Remember MX? Employees literally HATE him. He single handedly destroyed the best employee satisfaction scores in Corporate America. He... — read more
Alot of aml/fraud promotions were ‘favors’
Rumor going around that the last seven senior positions were pre selected and most were already on the same team. Not cool.
$64M Settlement
Are leaders talking about the settlement? “USAA reaches $64M settlement over accusations of federal violations” Naturally, the company does not admit any wrong doing. Such an honest company. You reap what you sow.
Agile Layoffs in ECIO
Well-placed EMG source in ECIO mentioned that the next round of layoffs in ECIO are planned for September. ECIO is going to target Agile roles, especially those that are remote workers. ECIO sees these roles as providing limited value and even more... — read more
How does USAA get away with firing people so easily?
I know right to work state, but I have never seen this in a "professional" environment, sometimes no PIP is even issued.
ERC Layoffs
Hearing ERC layoffs as soon as mid-August. Hearing overstaffed areas like Shared Services Compliance, ECORT, etc. most likely to be impacted in some way.
HIRING PROCESS
Is a credit check performed as part of the background check for roles hired in audit?
August employee meeting
Anyone know what they’re gonna meander on about tomorrow?
20% work - 80% bullsh-t
I just can’t efficiently work with all pointless procedural steps, million small things that must be done even though they have no impact whatsoever on results, and loss of time and energy to managing managers who are breathing down my neck because... — read more
Any layoffs coming our way?
I would love to take a severance package and run. Half-way through sealing a deal in another workplace, so I’m wondering if I’ll luck out and be able to leave this horrid place in style.
Best place to work for IT
LoL - the best place to work for! You must mean that corporate utopia where dreams go to die, and false hope is served daily with a side of illusion. First, they woo you with tales of flexibility and modern work culture, promising that... — read more
I’m indifferent about layoffs
Leaning towards “just lay me off already”. Not that I expect a better workplace elsewhere in today’s corporate world, but I’ll get to watch other faces being equally incompetent and stabby. Staying for too long in one toxic environment becomes stale... — read more
Horrible, horrible work culture
What the he-l happened to this place?
Is it a good time to move to Bank Fraud? Why are there so many roles?
I’m hearing that there’s going to be 40+ new Bank roles opening. I’m bored AF in my current role, but I’ve been hearing that Fraud has had a huge attrition rate and that they’ll be doing compliance work for the next few years. Will it only be... — read more
No direction
Can somebody please let me know what is our long-term strategy? I can't figure it out for the life of me, outside of "lay off as many employees as you can until you don't have anybody left to lay off."
What is going on with audit services
Lot of change this year alone in audit. Bank head of audit moved out of role, lot of audit EMG departures, and now the head of audit services is leaving. Anyone have information on what is happening? Was there an ethics issue?
Serving our Members
Executives that have never served. Executives that continually give themselves raises in the millions of dollars. Leaders that abuse employees who are also members of the military or their dependents. Very high rates, yet claiming to have very low... — read more
Bank Town Hall
What were people’s thoughts on the Bank Town Hall? Although he wasn’t as funny as Paul V, I thought he did a good job. Just a little depressing to think that things could get worse before they get better.
Quite simply, a real disappointment
As an employee for about 5 years, I have seen a rapid decline in the environment and team spirit at USAA. I have held several roles here, and can say that my recent positions in P&C and ECIO are in toxic groups where you are fed to the wolves, are... — read more
USAA is focused more on quarterly profits than long-term strength
Compliance issues caused USAA to completely pivot away from what made them great and focus on complying with laws and regulations. That was the beginning of the "end." Then Wayne took over and hired McKinsey consultants, who have essentially been... — read more
RTO/ESAT - COI on Board of Directors
Herman Bulls is a Director on the board. He also happens to be vice chairman at JLL "the future of real estate". So how is it, that while there is a record low ESAT at USAA, someone who has undeniable external benefits to filling office space, is... — read more
What happened to USAA?
I've been waiting for years see what made this place great, and yet it's just felt like the titanic in slow motion... What happened??
ER spread thin
With an average of 80 cases a month, of course our response time is delayed. Of course we don’t have the same quality in our calls. Of course we can’t show the same level of service. Of course we are running on fumes. Of course A LOT of good ER... — read more