https://www.cfodive.com/news/return-to-office-delays-burden-regional-bank-real-estate-portfolios/712064/ The real motivation behind RTO.
Goals in workday
Are any other groups seeing ridiculously unattainable goals for 2024? It's almost like they are setting us up to fail.
Update on Fully Remote
Any updates from HR folks or managers on what the plan is for fully remote employees not near a HUB or any other US Bank office? Will these employees be safe long term, or will they be phased out?
RTO
Is there anyone who is remote or hybrid AND lives near a HUB location but not being required to RTO 3 days a week or at all? I've been hearing there are some teams that are remote and do live near HUBS but their managers have pushed back against RTO... — read more
consulting company
Does anyone know if a consulting company was bought in for all of these changes? I checked the Wells Fargo and Bank of America boards, it seems like the same kinds of things are happening and they refer to a company called McKinsey.
Do I smell collusion?
Seems like RTO is being pushed by all banks as a sneaky way to increase flopping real estate prices in left leaning cities.
COBRA
Does anyone know what the rates are for COBRA ?
Employee appreciation week
So tomorrow is last day for senior leadership to celebrate employee appreciation week. Are they going to let us log off early tomorrow to celebrate and to show their appreciation?
30% pay increase from WFH to RTO
https://www.cnbc.com/2024/03/27/remote-workers-get-up-to-30percent-pay-increase-for-switching-to-in-office-jobs-says-new-research.html Not for us though! All we get is 2 hours commute and $ 5k expenses for commuting to dangerous downtown office with... — read more
Development Plans
What’s up with the push to create these development plans in Workday? All the bank has done is cut jobs the last handful of years plus they’ve never invested any money in training or certifications for employees. It feels pretty disingenuous when... — read more
When will Corporate Real Estate find out their fate?
It’s been months since they told us they were considering outsourcing us. The RTO is rolling out and you’d think they’d need boots on the ground more than ever. Sh*t or get off the pot
Marketing reorg and layoff
At least 3 Data scientists and some leadership was let go with 1 month notice. Worst part of this is we are not communicated properly how many were let go. And with reorg, we dont know what we gonna do in a few weeks. Is this the first wave??
WFH Pay VS RTO Pay
I was hired in 2016 as a remote employee. Pay was not great but I loved it because it was flexible and i don't mind taking weekend issues. We all know pay at the Bank is way below any other companies. Yearly performance always a 4 and rarely 3. Bonus... — read more
Volunteering to be laid off
Anyone know if this is even an option? Doing the work of others after they were let go plus your own work makes no sense. Especially since I never did their work before.
Wealth Management Investment Services
Anyone hear anything about upcoming layoffs for WMIS?
It’s long past time we form a union
In light of recent management decisions it's time we unite and form a union. Collective action is necessary to push back against management's unilateral decisions.
Mortgage folks in Owensboro & Oshkosh
Should we be worried?!?!
Dumpster fire
Marketing just cut ~100 jobs
I'm at the end of my rope
How come that you can work 14+ hours a day and it still isn't enough to get everything done?
Layoff Mechanics
How does US Bank let you know you're being laid off? Does HR send you an email? Boss call you? HR set up a Teams call with you? Usually happen 1st thing in the morning or late afternoon?
Contact Center exempt from RTO?
The contact center teams (24 HB) are mostly remote, with many in the southern states where we have no presence. Newer employees, grades 6/7. Word on the street is that they are exempt from RTO. Can anyone confirm? If so, why?
3/18 it has started
I understand layoffs started on Friday, 3/15, and are expected to continue the week of 3/18. Platform tech had some. In some areas, there were supposed to be some more notifications on 3/18, with leadership calls scheduled on 3/19, maybe to talk... — read more
Recruiting layoffs
Just dropped today 📰
New VPN
The new VPN will be tracking your location. It will capture your “home IP” and if it detects you are off it you will need to get the new IP approved. To the remote folk with no “hub” at ELAVON/USB… the end is near! It was a fun ride. Exec... — read more
Azure
Hey does anyone want to venture how far behind we are on migrating to Azure? All that money we diverted to Technology and what did we get? The current leadership and their buddies needs to be rotated out and search for folks who can really get work... — read more
Executive leadership
RTO decision was made by Andy and Head of HR, Eclao, based on advise from outside consultants. Every decisions made by executive leadership is based on what other firm’s are doing or advice from consultants. Does leadership have any original idea?... — read more
USB = U Should Bolt
Time for more layoffs, all the other banks are doing so. What do people think? 🤔 Give us your thoughts & comments.
Resentful and pi---d because we got measly 2% merit and RTO is bs
https://finance.yahoo.com/news/employees-spending-equivalent-month-grocery-114844452.html
Europe?
Has anyone heard any news about layoffs in locations outside of the US? I'm curious whether their soft layoff RTO tactic is in addition to larger reductions.
USBEF (Leasing)
I know various people are no longer in the org chart this morning. All that I know of are out of Portland (Tigard office). Does anyone have details?
Chicago RTO
Has anyone in the Chicago area been notified that they need to RTO? Will 30 miles be the radius used for our particular hub, or will it be something shorter be used given the longer commute times? I’m assuming our hub office is the downtown Rookery... — read more
Fully Remote
Has anyone heard what will happen to those fully remote employees not close to a HUB location or any other US Bank office location? I know nothing official has been decided yet, but wondering if anyone in HR or management has heard anything.
Fargo
Fargo should expect to be in office June 17th.
Marketing Reorg?
The announced marketing changes will take place this month. Does anyone have additional information? When is it happening? Any particular groups impacted? Will it address the rumors that BB wants to be more like RPS?
No more work after hours - let's do it... I started doing it
Today, I there was a major incident at 4:40 PM. I was one of the key person looking at it. I graciously logged off because I need to catch train and it takes approx 2 hours to reach home. I handed over to my manager to check. If I was home, I was... — read more
What buildings are HUBs?
When are they going to post the actual buildings in the HUB markets?
Layoffs update
It’s Wednesday. Any news? What’s with BB?
RTO is just the job cut strategy
Nothing more, nothing less. And some tax cuts for offices full of people spending money around hubs as a bonus. How do you perform, how competent you are, how productive you are - none of it matters whatsoever.
Where are you at?
Shock, denial, frustration, depression, experiment, decision, integration. Where are you at with RTO? Because if you live in any of the first 4 descriptions it’s rough.
Article about RTO at USBank.
https://www.axios.com/local/twin-cities/2024/03/01/us-bank-office-workers-return-three-days-week If they track attendance by badge swipe, that means we can swipe and head back home to work?