With IT budget cut for 30%, are they looking for a layoff in ECIO. ATL dc is up now, classic almost done, how many units can be impacted?
Layoffs coming likely year end
Likely to be Bank wide. Famous layoff consultancy Boston Consulting Group has been brought in to identify targets. Working Bank wide and all areas being looked at. Will be a Major layoff is the rumors. You dont spend millions on consultants and not... — read more
“Purpose beyond Profit”
Said at the employee meeting . Thoughts … go!
Lots of HR jobs posted?
Does anyone know why there are so many HR jobs posted lately? It seems whenever you go to the jobs site is flooded with them. Is there some kind of regional re org?
ECIO layoffs yesterday
Heard more layoffs announced yesterday in ECIO. Anyone have more info?
Is USAA in the process of merging with another Giant Bank or Insurance Co
This is so far, only speculating, but I don't understand all of the layoffs and budget cuts and reorganizations AND yet in March, headlines read that USAA headquarters in SA was undergoing a $39 million renovation. Then in April, that $39 million... — read more
The writing is on the wall
If you’re not at least looking around right now, you’re choosing not to see what’s coming. Cuts are happening everywhere, and it’s only getting worse. When the next wave hits, you don’t want to be one of hundreds or even thousands suddenly scrambling... — read more
Consumer and Real Estate Lending combined
Thoughts on today’s announcement to merge both CL and REL into one Bank Lending org?
Falling off my feet
And the work just keeps piling up. I’m slammed with endless claims and deadlines every single day, working late just to keep up. No one even notices or thanks me. Instead, it’s just more pressure and higher expectations. I’m burnt out and feel like... — read more
ISCO again?
Are we seriously trying to do investments again? We just sold off the business a few years ago. No long term strategic vision here. The board is full of absentee landlords.
High turnover is a sign of a bully company
People don’t quit for fun. They quit because this place bleeds you dry. We lose good people all the time, and leadership couldn’t care less. They just pile more work on the rest of us and act shocked when we burn out too. Rinse. Repeat. Replace. — read more
There is fat to cut here
Some of the senior people are doing the bare minimum but pulling big salaries. If they started trimming from higher above, I wouldn't complain.
Lips are moving
If executives lips are moving one thing is certain- they lying.
Layoffs and Firings in Bank and Fraud
Layoff of AVPs happened, then Directors to hire so many in Fraud. Fraud finished hiring, already there have been secret firings of directors and ICs. Maybe severance for directors but not ICs
What is Up with Fraud Leadership? Extremely rude
Have had the displeasure of working with the Fraud department and there’s a level of ego I’ve never seen. You can tell them they’re wrong, they’ll do paperwork to show that they’re right over every tiny thing. Overpromising, underdelivering... — read more
Management toxicity
The gaslighting here is next level. Last quarter my director praised my initiative, then used that same initiative as justification when I didn't meet some arbitrary metric. HR's response was to tell me to work on my time management. Meanwhile, the... — read more
Company Policy: onsite clinics
Be aware that if you or your family members are seeing USAA onsite clinical staff for your medical needs, you are NOT allowed to communicate with the medical staff once your employment is terminated. You are allowed to have your medical records... — read more
Moving From Cigna to COBRA Coverage
Just got laid off and was wondering if anyone has any experience when moving from Cigna to COBRA coverage. I was hoping to transition by early Fall and I don't know if COBRA covers bottom surgery.
Next Layoff Notification?
Does anyone have any insight as to when the next set of notices will be given out? Someone mentioned August in another thread but I wasn’t sure if anyone had confirmation. Speaking specifically for Bank, the Bank seems to be performing well so... — read more
What positions/roles are there in the new Virginia facility?
And are they hiring over there?
If laid off in July/august, get half of bonus awarded in feb march 2026?
Retirees do, but was not sure on employees impacted in 2nd half of year and given severance packages.
USAA does not care about you. At all.
The company has been attacking it's employees since 2019. The famous line from HR was "we've over invested in our employees," without actually capturing the raw problem of a broken board of directors that Wayne leveraged to buy a few... — read more
Executive Exception Process is …
Leadership claiming that remote workers are still part of the team is questionable. More and more commentary about an “ executive exception process” that no one will touch or take up the chain to get a posting for remote consideration is out there... — read more
The culture at USAA feels like high school
Cliques, gossip, and passive-aggressive behavior from leadership. It’s exhausting navigating such a toxic environment when you’re just trying to do your job.
Anyone know what happened in CO Springs yesterday?
Lockdown alert was sent but no details anywhere I can find on internal or external sources.
Workforce Transition Advisor
One thing I observed today was the posting of a workforce transition advisor opening. Now this isn’t gonna be one of those little bird told me bullsh-t post. I’m just reading between the lines. If you see that kind of an opportunity open up at work... — read more
Anybody know of anymore Layoffs in ECIO?
Anybody know of anymore Layoffs in ECIO? There seems to be a lot of job evaluation/job reassignments. Thank you!
Is working on weekends actually required?
I’m new here, and that’s the impression I’m getting. But is that even legal?
Termination
What happens to an employee who gets fired from USAA? What type of documentation or paperwork is given? Does the employee continue to get any type of benefits from the place? Was curious to know what the difference is between getting laid off... — read more
I don’t miss it one bit
Don’t feel life is over if USAA gives you the boot hopefully you get it with the severance. I know I was dumped because mine and my significant others medical. Seems a lot of people are laid off who had medical issues FMLA and used it minimally my... — read more
Bank Digital
What really happened to Hish? Why the sudden exit? Head of Bank Strategy also out. What the heck is going on over there??
Relocation
I’m a remote employee and my wife was recently promoted within her company. We’re having to move out of state by end of August to accommodate her new job’s location. I’m worried about alerting HR of the move because of how anti-remote USAA is now. Is... — read more
Heard security teams laid off in ECIO
This week, anyone can validate?
Another one bites the dust
It's deeply disappointing to see trusted and proven leaders like the CIO of LifeCo being pushed out under Amla's new direction, only to be replaced by her go-to people. In the past life CIO leaders brought much-needed stability, deep institutional... — read more
Rude and inappropriate management
Who the he-l promotes these people?
TER - All Hands On meeting
Who else is having fun with the lip service and iron clad for good ol boys club.
“Home Office” and “Enterprise” - What’s going on ?
A memo just went out to all the USAA executives to stop referring to the San Antonio office as the “Home Office” - call it the “San Antonio Office”. In addition, stop using the term “Enterprise” (use “USAA” or “Our Association” instead). What’s the... — read more
Just an observation
Who else notices that a few AVP or VP post here attempting to make Themselves sound smarter and worthy of their titles. It’s odd. Also for the record changing vpn to align with any city and location while posting is smart and throws everyone off on... — read more
July Reorg?
Anybody know anything about a July reorg in MGO/Marketing? Leadership has signaled big changes for a while now, but is predictably scant on details.