Topics regarding layoffs at USAA

Topics regarding layoffs at USAA

IT budget cut 30%

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 

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?

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 

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.

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 

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 

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 

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 

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 

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.

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