If you were severed are you moving your accounts? Where? What about credit cards? I find it highly suspicious that 3 weeks after I was severed I got an email from USB card that made it sound like I was required to update my salary. I assume they... — read more 

Especially veterans, of whom many were laid off because they were costly as a consequence of being experienced and established. Note to younger employees: this company doesn’t care about you, so don’t care about them. Don’t invest more time and... — read more 

Were the fully remote not near a client center or HUB targeted this latest round of layoffs, or was it pretty much across the board?

Yes it’s true. I was severed on Monday with no warning.

Is this true? Mine wasn’t (unfortunately). What’s happening with the rest of us?

All the rumor came true, lots of layoff announcements today What a blood bath Just received a few announcements last hour

Just got word that 5 DM's in California get let go today. announcement will be made soon. any more info out there?

Which departments have cut people this month?

Which departments have cut this month?

Have heard rumblings of HR et al wanting to shift goalposts to include ALL of 2024 i.e. if you haven't been doing your 11 all year, you'll be dinged. Has anyone else heard this?

I migrated from union bank and had tons of vacation hours , California state allows rollover. However, US Bank told me it’s bank policy to not rollover and I was required to use it or lose it. Before raising he-l, I thought state law supersedes... — read more 

Where from? I see CBB & WCIB, and heard about GTSS. Lean on each other, update the resume, create a LinkedIn profile but watch out for scammers there. Don't buy Premium however. Indeed, Ziprecruiter, Glassdoor are the job sites I've used. I was let... — read more 

I am in Compliance and just got laid off. Do I get to keep my restricted stock, does it automatically vest, or do I forfeit that money?

https://www.currentaffairs.org/news/2023/02/exposing-the-secretive-and-sinister-work-of-mckinsey-co

Or is it all speculation based on the updated Strategy?

This website has been referenced and is being monitored in real time by risk people at the offsite. Looking for leakers. Paranoid much?

What are your thoughts of the development network conference call from today?

How long until USB and all the other major banks follow suit?

If you’re a former employee and you want a laugh, or a current employee and you want to cry, check out the article. Andy told investors that revenue will outpace expenses in the coming years. He spent the last 5 years eliminating producers and... — read more 

I have a feeling layoffs are coming soon to TOS. Anyone hear any rumors?

No org is displayed for my manager, his reports or his manager in Outlook. Intranet is fine. Should I be worried? Just paranoid?

Does anyone know if you are entitled to this amount if you are let go in an RIF?

Does anyone have any insights on upcoming layoffs or offshoring in operations? As others noted, U.S. Bank did update its strategic objectives on intranet site....what do they have planned?

Would it matter ?

This is following WF moving Triage and a large number of risk employees overseas to India. Not surprisingly, they’ve had huge issues with employee fraud since then. Good thing USB does everything that WF... — read more 

Anyone notice today they updated their strategy today and they had Cost efficient Operations as part of the theme. So that means lots of layoff in Operations?

Dive Brief: U.S. Bank CEO Andy Cecere pledged Thursday to grow revenues faster than expenses in the coming years, saying the lender has made needed investments and will better leverage its “set of unique businesses” than it has in the past. During... — read more 

Can anyone confirm this?

any guesses on what will be on the agenda at Jodi’s offsite??

Stop filing out all surveys, including TTUS. Stop attending all non-mandatory/department meetings like Fireside chats and other employee engagement events for the sake of participation. The feedback you provide doesn’t matter, simply the number of... — read more 

Who is on this call right now and holy ;'!!_!!! What is the point of this?? Good thing I'm not important enough to share my 1-hour bio with ya'll.

Are they happening or not? There were a lot of different rumors last week and nothing definitive. At least nothing definitive that I know of.

Heard a rumor that because they are being outsourced, no severance. True or False? Why would the outsourcing make a difference? I would live confirmation if true or false.

I don’t see the severance posted. So is it different for different people? Managers select the package no clear rules of years and grade?

Is there any news regarding EFCC and layoffs occurring within that department. It seems that everything has gone downhill under Tyler Reynold Leadership.

I guess then it's across the units and states in numbers that would not trigger the need for WARN. Does this mean mass layoffs are coming next week (or in near future), or will they continue with small batches of people across the board?

This just occurred to me. Have any other departments had a recent push to update and review policies and procedures? Along with rumors of outsourcing and layoffs this is now making sense. I’m a part of CBB Risk and have always been told no one... — read more 

Usurped by peers once viewed as beneath USB McKinsey experiment gone wrong No longer industry leading ratios No net customer growth Third rate wealth management Failed risk management Legacy geography left behind Outsized layoffs on his watch... — read more 

Is this true? I’ve been hearing rumors about that possibility beyond this board, from different colleagues. Can anybody confirm?