Great. That’s really going to do wonders for morale.

Heard from grapevines that U.S. Bank is making moves to open GCCs (Global Capability Centers) of their own in Chennai and Hyderabad, in hush-hush deals. Could this be true? If so, HIRE (Halting International Relocation of Employment) Act, bill which... — read more 

I’m confused about what’s next. We have a mediocre-to good quarter financially but in the details there is info about us losing customers with close to 2-3% attrition per quarter. Does that mean our profits were the results of financial engineering... — read more 

The cloud migration program under AC, reporting to CIO, has shown limited tangible progress so far. Existing platform teams continue to maintain operational stability, while AC focuses on expanding his leadership circle and hiring new... — read more 

How are they accurately measuring these? My coworker runs outside 6 times a day so does each time he badges in count towards his 12 day a month requirement? Does reporting show like 40 badge swipes?

I’ve heard all kinds of numbers, with some rumors going as high as 7000. Nobody in my immediate team was affected, but we’re a fairly small group.

I know Risk has been affected. Any other areas so far? Mix of in-office and remote? Please share what you might know.

I have great empathy for victims being let go. Ageism is alive and well. No one will claim to have lost a good job though. You lost a job with high stress, little chance of success, zero training, impossible deadlines, plenty of unhappiness all... — read more 

What's next?

Just to make sure nothing has changed and there have been no reductions.

We have people who can be cut who contribute absolutely nothing. People who go from one meeting to another regurgitating the same points over and over again with nothing new being said or decided. Yet the ones being cut are the people who do actual... — read more 

So GK sends an email outlining all the super ideas garnered from surveying 1800 leaders to discuss efficiencies, communication improvements, etc. Is she completely unaware that she is talking to the people that are the problem? Why not take a page... — read more 

Bring on the layoffs and reorgs… been hearing rumors for several months and just ready to find out my path heading towards 2026. Best of luck everyone.

The higher-ups only care about keeping things the same and maybe promoting a few kissasses. Everybody else is just out of luck.

One of the directors in EACX mentioned that they have been asked to share a list of potential employees who are not critical to the team and can be let go if required. Not sure if it is bank wide or just some orgs.

The organization has seen an influx of legacy middle management talent and former strategy consultants whose backgrounds are primarily in general management rather than technical disciplines. In a technology-driven environment, this skills gap has... — read more 

She’s a terrible leader and widely disliked for her utter disdain for the workers. “Leading” the bank but in the wrong direction, the bank is a total mess across the board with her incompetence. Such fake and purchased recognition.

Does anyone know if there will be any layoffs in RM&C next week? Everyone is stretched thin as is.

With the streamlining of underwriting within Business Banking the past year, I would think this group would likely be at risk of layoffs in the somewhat near future.

Hearing it's going to be big org changes. Also, all you publicly complaining about RTO and trying to protest coming into the office, you will get the response of finding out who is in charge.

Everybody getting ready for the annual October layoffs? Not sure if it will be as big this year or not. Seems like they're gradually laying off people throughout the year versus a big October round, but maybe I'm wrong. It's like sitting in a... — read more 

Have a q: have some people been let go for not being in the office frequently enough (getting enough badge swipes per week)...

Article from WSJ/Linkedin https://www.wsj.com/lifestyle/workplace/return-to-office-workers-fail-3d966807 Possible things would turn around w.r.t RTO.

It’s beyond frustrating to watch how remote employees — many of whom have dedicated years to this company — are being slowly frozen out. If leadership has already decided that remote workers outside a few select hubs have no future here, the right... — read more 

I'm seeing some people's location as home based and remote. Does that mean they actually live over 50 miles away from a hub or branch and considered remote?

For those who got laid off, did your manager/vp meet with you in person, or did it happen on a call. Was it individually or in a group? With all the org restructuring going on I’m trying to prepare for every scenario…

Cuts in Digital were shared last week. Does anyone know what groups or how many were impacted?

“Technical difficulties” ended the call early and a recording will be available at a later date. Was there fear she would, once again, go off script? Perhaps USB wants to be able to edit her responses to avoid another public speaking fiasco?

I'm sorry, but I'm tired and I want out - and I want them to pay me to leave. I've given enough to this place to walk away with nothing.

There was a post about linking the new H1-B fee to solidifying offshoring. Post got deleted. It had some good information on how this will now make more sense for the bank to open their global capability center (GCC) in India for which they are... — read more 

Stand up for yourselves. You are not alone. https://www.eeoc.gov/federal-sector/filing-formal-complaint

Heard a rumor that CAS is not doing layoffs but rather not re-filling positions putting double the work on their existing team. Any truth?

I have been a CRC for seven years and have seen many changes. Each year we have less people to help the customers. I am concerned they will shut down more branches soon. Does any one have any information

I was let go today after being with the bank 14 years. Curious if I was targeted to prevent a potential much bigger severance at 15 years. Is there a way to change withholding to have less taxes taken out of severance? Although I'm not... — read more 

Sudden layoffs were discovered for individual contributors and middle management in the experience design org today. This effected India-based contractors as well as U.S.-based full time employees.