It's sad I'm forced to do this while fully employed, but with nonexistent job security, it is what it is.
Bye Bye Bonus
Fresh off the presses: No scorecard this year, company-wide. The board is about to approve the decision. That means no more numbers, which means they've effectively laid the groundwork for no more guaranteed bonus for all employees YOY. This is... — read more
Fraud
Any news on what’s happening in Fraud.
Buckle Up AML
Layoffs confirmed in surveillance coming in February
What job seems like a better one at this point?
I'll get us started: cleaning public restrooms at a highway rest stop, selling vacuums door to door in the rain, or doing the overnight shift at a deserted gas station. The ideas are honestly endless once you think about it. Who else has a good one?
News on cuts
Please share if you know anything.
USAA Members receive $3.7 billion in financial rewards in 2025 - Big Fat Lie
What a bunch of lies! Facts below: The $3.7B number includes $450 million in zero-interest loans as part of government shutdown program. That is a loan, members are expected to pay it back, you cannot include the full amount, the most you can... — read more
The game is rigged.
Just read Amala is going to Delta Airlines to be their Chief Digital & Technology Officer. Poor Delta. These worthless executives always come out smelling like roses.
Bonus criteria -2025
Do we need to be employed when the year end bonus will be get paid in 2026 or if someone leaves early in 2026 can still get the bonus ?what’s the policy ?
We survived another year!
Let's hope the next one brings some positive changes, even if it means finding a new job somewhere else. Actually, now that I think about it, that's the only thing that will bring positive changes. So good luck in finding something new, everybody!
Compliance Failures (since 2019)
Has the board of directors ever considered just firing themselves with the other droves of "assets" to fix the compliance problems? This company has turned it's back on everything it once stood for.
Are they quietly pushing people out?
Lately, it seems like more people are just being let go. They're not calling it a layoff, and there's no severance. Just, quietly firing folks, I guess?
Cigna have so many restrictions.
Hopefully it improves
What is JAR
I have recently joined the MSR team. People talk about using JAR for RTO. Can someone explain what that is?
Does any one when the company scorecard is shared for performance year
Does any one when the company scorecard is shared for performance year
When a leader asks for feedback after Pulse
And even has HR coming in to get a pulse on things yet gets defensive on a team call right before the holidays today to address the feedback. This leader is very disconnected from his actual team, CANNOT make a decision without consulting SLOD for... — read more
How to minimize your odds of being laid off
Stop volunteering extra work. Just provide what’s asked—no more, no less. Stop trying to do the right thing, even if leadership preach “honesty, integrity and accountability.” Use phrases like: “Happy to support the chosen direction”. Don’t... — read more
Wow. So much silent...
I have never seen this site so much silent. No new topics since long or people have stopped posting. Seems company is doing well. I think yesterday was good employee meeting focused on a lot about members & employees.
Would you rather be forced to five-day RTO or be laid off?
I'd prefer severance.
Prepare for Fraud Layoffs in Q1 and Q2
With the leadership team planning the budget next week, a significant portion will be over layoffs. They overhired and are moving faster than expected on the Consent Order. At the same time, they are pushing ICs to move faster and faster leading to... — read more
In the news - typical USAA...
Employee raises safety risk after third occurrence. Met with gaslighting and firing. Clear from the video that it happened: https://cbsaustin.com/news/local/his-g-n-just-went-off-guard-says-sig-p320-fired-unexpectedly-at-usaa-guard-gate Typical... — read more
rto is bad
rto is complete garbage. i've been forced back 4 days a week. in the past month, i've talked to 3 people total in the office and sat in conference rooms taking meetings where almost no one from the office showed up - they just took calls from their... — read more
The Post RTO
Anyone see today’s nuke on The Post about RTO? The guy just comes off like a j@ck @$$.
Best Leaders and why?
Who are the best leaders in what org and why?
Centralization of reporting, data, and more all under ECIO
Enterprise wide. Some got notices, others finding out their new org and boss.
Why was Building D added in Plano?
Seems weird that with people getting laid off, they open up a brand new facility with hardly anyone there. Mostly Fraud and AML from what I've heard
Enterprise Risk Programs Oversight Team Statistics
Total team size: 25 (80% remote) # of Directors: 4 (100% remote) # of Leads: 16 (75% remote) Other: 5 Out of the 21 analysts, 16 are Leads (76%) Can we please promote the other 5 of us to Lead and make us Remote too?
Bank Town Hall - Any layoffs announced?
Wasn't able to join, but saw the slack thread and didn't see much on there about what actually happened
Trump on Fox: We have to bring in Talent, we don’t have it
Ingraham on Fox: “Does that mean the H1-B visa thing will be deprioritized for the administration” Trump: “We you have to have Talent” Ingraham on Fox: “Sir, we have plenty of Talent here in America” Trump: “No, you don’t, no you don’t, no you... — read more
Are we safe for the rest of 2025?
I can’t imagine more cuts would come this year, anyone think otherwise?
Rough October, sign of the times
Startling statistic, likely the start of a trend. “U.S.-based employers cut more than 150,000 jobs in October, marking the biggest reduction for the month in more than 20 years, a report by Challenger, Gray & Christmas said on Thursday as... — read more
Go to other layoff sites: the maga racism prevalent at USAA
Seriously. Go to another bank. Find the strength of racism that exists no where else only at our finest USAA. even more odd, most employees are actually supportive and help one another at other banks. We have a deep rot here. its why we only... — read more
Is Mani Sulur team safe from layoffs? I am interviewing for a position on that team
Just want to get info before I change positions please.
Real Estate Management is Terrible
Our terrible RE management strikes again! We had 2 Directors: one everyone loved and respected who was onsite, the other we all complain about in our Pulse surveys who is in a completely different office and is horrible to work with. A reasonable... — read more
Another leader who flopped
Thoughts on this comment from an AVP : team members who are earning higher salary should have more on their plates. (Exact same titles)
Fact or Fiction
Some leaders make claims that they know who posts on the site and can track it (even if not at work) who can confirm if they are just using it as a scare tactic?
Explain how MM is the right one…
The right one to lead the bank out of this self-inflicted downward spiral. How many word fumbles and nervous gestures are allowed? Who is the backup? When will the bank be sold? For the good of the membership, just like the Investment Management... — read more
https://x.com/TheLayoff/status/1983990798858514621
https://x.com/TheLayoff/status/1983990798858514621
So have we given up?
Are we just not even going to pretend to be a compliant & sound bank? Has USAA just given up on quality leaders, innovation, member focus and truly caring about its employees. We’ve gotten so used to scraps around here, when id--ts with a title... — read more