Topics regarding layoffs at USAA

Topics regarding layoffs at USAA

June 2 - PTO for all

All non-executive and non-managerial employees should take a PTO day (sick day) at the SAME time. June 2 seems like a good day. Your employment will be cut sooner or later. So why not have a little fun. Who knows. Maybe the execs will learn how... — read more 

What Ethics complaints have y’all made?

This is part of mine, but I’ll post the full thing if people want— During offboarding, I saw that my same role, with the same responsibilities, reposted but a level down. At the same time, teammates who had long been performing portfolio work but... — read more 

I need a new job

Working here feels like running on a treadmill that’s stuck at the slowest setting. The layers of micromanagement make it impossible to take any real initiative, and most decisions get stuck in endless approval loops. The outdated systems and... — read more 

We Good?

Probably not, but if you know you know.

Attrition

Anyone know what's the attrition numbers EMGs are targeting by end of this year or next year ?

State of FSB (3/31/25 Call Report Summary)

Welcome back to another series of Q125 Call Report Summary! Without any further delay, here it is. Enjoy. USAA Federal Savings Bank shows strong financial indicators as of March 31, 2025: [Metric] [Amount] ... — read more 

PTO Accrued - does USAA pay?

Hello there, I was let go recently and wanted to know what happens to my accrued PTO that does not meet the minimum allocation for the year. Will I still be accruing it until my last day? Will it get paid out for what I have accrued so far? I know I... — read more 

More layoffs?

A friend of a friend of a friend mentioned more layoffs in the Enterprise. Can anyone confirm? Something about an org change or org model or something like that. Forgive my ignorance.

Cringe heros award ceremony

Anyone see todays heros award ceremony? Did anyone understand what was going on? It was all a bunch of people staring at the screen drinking coffee.

Org Updates for May?

Does anyone have any intel on whether or not there’s going to be more org changes in May?

New opportunity at USAA

I have never worked for USAA before. How are the prospect for analytical careers? What is the work culture? What is the amount of overtime per week? Is it a high stress environment? Is there room to move from one department to another? Does the... — read more 

No more remote hiring

Nobody is talking about this probably because no one knows. A BLUF went out to leaders (leads were not even told and some directors were not aware) late March stating that positions need to be posted in office and that if any exceptions need to be... — read more 

Any reduction/re-org in CTXO under ECIO

Does anyone know of any reductions or layoffs coming under CTXO / platform infrastructure soon? With Classic being retired by the end of the year, what are they going to do with a lot of teams under Platform Infrastructure? Recently, a Director from... — read more 

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| 2610 views | | 9 replies (last May 7, 2025)
Post ID: @OP+1jt4mqh0c

Can we get some normal managers, please?

The last three I have had were either bullies, micromanagers, or both. Giving feedback to any of them was like pulling teeth, painful and pointless. I would pay good money for a competent manager who actually knows what they are doing and is... — read more 

What’s happening with Fraud?

I’m in Bank and my team is a skeleton crew with my director fired, but I keep getting thrown into taking on Fraud work that they deem as not in scope. Of the few people I talked to, apparently it’s getting stressful since the people they hired are... — read more 

Bank layoffs soon?

Big rumor going around bank today is there will be layoffs in the next 2 weeks. Not sure what area’s in bank, but that is the word going around as of this morning.

How’s it going 2024/early 2025 layoffs?

Curious to know how long it’s taking those laid off in the last year or so to land a new role…and whether you remained in banking/ insurance or went into something brand new. A bonus if you wouldn’t mind sharing any details about your job search... — read more 

BLUF of 2024 Annual Report to USAA Members

Report Location: https://www.usaa.com/about/annual-report-members/?akredirect=true Financial Health: Net income grew to $3.9B, a strong rebound from $1.2B in 2023 and a loss of $1.3B in 2022. Net worth rose by 10%, indicating improved capital... — read more 

Darkness hates light

it's against company policy to post anything negative against USAA. All employees are subject to having their social media reviewed. Violators will be terminated! I violated the company policy because I spoke with honesty and integrity to my... — read more 

Severance

Outside of what this place is offering, I’m trying to figure out what counts as a fair severance package? Some places offer a month per year of service, while others stick to two or three weeks. With everything getting more expensive, even that might... — read more 

New Commander and cheif

The grand illusion of change, like putting a fresh coat of paint on a sinking ship. A new leader, same playbook, different slogans—what an innovative strategy! Promises of revolution, but somehow, déjà vu remains undefeated. Turns out "new era" is... — read more 

Can not offer new products?

Im still fairly new to USAA and now work bank back office (non member contact) and I’ve heard and read things regarding “USAA not being able to offer products” to customers now!? We don’t get told those things here as it doesn’t affect us; however, ... — read more 

A serious question - can we volunteer for layoffs?

I've been with the company for 7 years. I have hated 5 of them. I've never felt included, I routinely work 12 hour days minimum. I would LOVE to put myself on a list for voluntary layoff. I'd quit but I need that six months of pay to augment... — read more 

Admin leave?

I have only worked at the company for a short amount of time. I found that the match wasn't good from the beginning, but still tried my hardest to do what was asked and followed directions. All of this to no avail, because I was told today that I am... — read more 

Wayne Failed

He was not up to the task of leading USAA past the consent orders. This is not time to celebrate.

Everything is out of control

The layoffs and hiring freezes are completely out of control. At this rate, we’ll each be doing the job of five people for the same pay until we just drop. What’s the endgame here - running everyone into the ground and then shrugging when there’s... — read more 

Celebration? You serious!

Last Tuesday with layoffs being announced in bank, we had a 4:30pm meeting with Russ, this one girl asked at the very end “can we have a welcome back party and celebrate being around one another.” You should’ve seen the look on everyone’s face when... — read more 

Confirmed. Its this week

My ED flew in from SAT to our PHX location, which feels ominous. Most Director and Lead meetings are suddenly canceled—never a good sign. Something is definitely brewing, and it doesn’t look promising. Layoffs might be on the horizon.

We’re developing quite the reputation

I’m not sure we’ll attract any talent anytime soon, especially with word getting out about the constant layoffs, toxic environment, nepotism, cr-ppy management, and everything else. And honestly, I’m here for it. I can’t wait to see what happens when... — read more 

Job safety

Can any areas consider themselves safe? Any positions? If you're among those who do believe that they’re untouchable by layoffs, why? We’ve seen so far that seniority means nothing, knowledge means nothing, experience means nothing. What is it that... — read more 

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