I was laid off at USB over a year ago. After 10 years of service working from home, it all ended with a 1 minute and 34 second phone call. For weeks I kept Googling “US Bank layoffs” just to feel like I wasn’t alone. The searches always brought me... — read more
Date to work through to get all of the bonuses/pension credit/401k match
Nothing new, but I am tired of dealing with this failing company, the layoffs of good employees, etc... so I'm looking for a new job at a growing company. I just want to make sure that I receive my LTI, deferred comp, pension credit, and 401k credit... — read more
old pension plan
After reviewing the information online and calling two different reps in the hr/retirement area, I cannot get an answer to my question. Does anyone know if the old pension plan - like from 2002 - has a lump sum withdrawal option? It seems like... — read more
Buckle Up US Bank - Layoffs are happening now!
Fact - layoffs are happening this week - I know quite a few people that were informed this week. Awesome they do it right before the holidays... Best of luck to all!
Management reclassified from remote to hub
I am hearing of remote directors being told to begin reporting to hubs. I checked my own director in the directory and they are now reclassified as working out of a hub. Anyone else noticing a change in remote to hub status?
Layoffs 11/19?
Are there any layoffs today? I have had counterparts from other banks ask if I was impacted by the US Bank layoffs today… I have not heard anything about a layoff, so maybe it’s a rumor?
Pension Change
I was on the old plan before the cash plan. I show mine is about 25-30% lower than when I left the company. Heard they had some changes? Whats going on??
Old Pension frozen
E-mail came today to I assume everyone on the old pension. It seems like they are trying to get longtime employees (who would have large severance packages) to quit. It might work.
My anxiety had been through the roof
Am I alone in thinking something major is coming before the end of the year?
U.S. Bank 2010 Cash Balance Plan Rollover
I was let go by USB and now finally am settled in my new job. What is the easiest way to rollover your money from the U.S. Bank 2010 Cash Balance Plan? I have already rolled over my 401k from Fidelity but the funds from the U.S. Bank 2010 Cash... — read more
They have money for offsites but…
Noticed a huge increase in offsites, townhalls they spend millions on but no decent wage increase/bonuses for the peasants. The offsites are constant now. I’ve never seen this before. All while plotting to cut you job.
SAFE?
Been very quite, but Team meeting this week was very strange. Anyone else feeling the tension?
Another Big Bank falls
Just saw Truist is calling back all employees to 5 days a week. It’s getting harder and harder to find flexible work options https://www.bankingdive.com/news/truist-rto-employees-in-office-5-days-banking/805291/
If you are sick PLEASE stay home
I get it. We all have an “in office goal”. The rest of us want to stay healthy. Work with your manager if it means you aren’t going to hit your RTO numbers. It is disrespectful to disregard others and expose us to your germs for a swipe.
Is There a Bonus in December?
Hearing about a bonus in December but cannot find information. If so, will it be paid if laid off before December?
More layoffs?
Of course it’s a rumor but…. Has anyone else heard of layoffs coming to the default world (Collections, Recovery, operations)? I have always had good connections here but I am relatively new. curious if someone else can validate what I heard. From... — read more
I appreciate you!
One of the most overused phrases I have heard at U.S. Bank is “I appreciate you!”. Word to the wise, stop using this phrase. You sound like an insincere fool. If you truly appreciate someone, show it in your ACTIONS not with empty words. Vampires... — read more
S-xism
Has anyone ever successfully reported a colleague for s-xism? I’m not sure what route to go but it’s an issue multiple people have noticed.
Nothing but problems.
I haven’t been here very long, but have had nothing but issues since I started here. The ageism, cronyism, favoritism, nepotism, s-xism is off the charts. Sprinkle in widespread ineffective management who do not give a sh-t about developing out your... — read more
Jodi’s Call- Layoffs
I know certain roles in RMC cannot be outsourced but curious what the rumblings are on where and when they will be doing layoffs?
All Colleague Townhall
Their fragile egos just refuse to take any accountability. Of course culture and morale are high when they don't have to answer to anyone (the board of directors asleep at the wheel), don't have to worry about being laid off, and collect fat bonus... — read more
Applicant Job Security Compromised
There is a significant HR policy violation in the retail banking unit. District and branch managers are conducting "backdoor background checks" by calling applicants' current employers to solicit references. This practice is entirely unprofessional... — read more
It gets sadder by the day
Alright chat - the writing is on the wall. Company is going downhill. Talent is leaving and layoffs are happening left and right. Where we going?
Is there growth for remote employees?
Just curious if there was potential growth/promotion for remote employees? Or do they only give opportunities to those who are near a hub..
Laid off
Just got my golden ticket recently. This is the 1st time I have been laid off so I reflected for about a day to soak it in after being here for over a decade. What a sense of relief it has been after that first day though. Since the layoff I found... — read more
To anyone struggling…
Please know it’s all going to work out. How management operates here says nothing about you or your worth. If you’re feeling stuck in a bad situation, reach out to your resources for help. Burnout is real and can keep you on the hamster wheel and... — read more
Never Seen a Company Lower Morale So Fast
Every single person I worked with liked their job couple of years ago. Now none of them do. We are talking close to 100 people, not 5 or 6. This place REALLY messed up morale. Everyone is either too overpaid to leave, trying to find a new job... — read more
Network tracking on work computer?
Anyone hearing a rumor about moving to track length of time laptop is connected on-premises to a USB network (not VPN)? Been hearing this in unrelated areas over the last few weeks, but it seems far too ‘big brother’. I know they can already track... — read more
Remote Worker
Was notified last week all REMOTE workers would be displaced. Welp- Hello still 100% remote with my job! Now who's Ready for the town hall meeting Friday?
Payments transformation you say…
GK isn’t messing around. J. Walker is out of Elavon and the CAO for PMI is leaving. Who’s next and what’s next for the hot mess that is all of payments inside of USB? Keep on transforming the bank GK 🤭
Nightmare on Nicolette
One Two Gunjan is coming for you Three Four swipe your badge at the door Five Six layoffs is how she gets her kicks Seven Eight your job she’s gonna automate Nine Ten time to make a friend
Wisconsin hub(s)
Layoffs in Wisconsin hubs? I read an article that stated a Wisconsin warn act was submitted effective November, but now I can’t find the article or anything on the dwd. Anyone have any intel on Wisconsin hubs or positions?
What's going on in Customer Remediation?
Or corporate compliance in general? All the leading stakeholders (CR director, program manager, compliance specialists, fair & responsible banking leaders, etc.) have mysteriously exited the bank and now I just saw someone post that CQA is pulling... — read more
4 days per week in office RTO coming?
Rumor from WCIB is that we will be expected in office 4 days a week. Guess they are trying voluntary layoffs again to get people to quit.
5 weeks in October- how many in office days
Are we going to be dinged if we aren't in office 15 days this month? Can anymore enlighten me on how the reporting is? 11 days or 3 days a week??
RTO- bank holiday/PTO
Was informed by manager we need to adjust our in office days when there is a bank holiday or we use pto to still be in office 3 days. Asked HR via chat and was informed this is correct and there is a new article that can be found through the myhr web... — read more
You are more than this job.
For the souls who have been mistreated, misaligned, belittled, humiliated, discriminated against, unfairly laid off, and/or had their confidence rocked by this sham of a company, please know you worth are so much more and capable of so much more... — read more
I think I'm finally done with this place
Every day I wake up dreading logging in. I’d honestly rather scrub floors than do this job anymore. That’s how far it’s gone. The stress isn’t worth the paycheck.