Anyone know with the union bank acquisition, if layoffs of usb employees will occur? Or maybe more positions will be outsourced over seas? Specifically claim/call center areas. Wish I could get a glimpse of the future with the bank.
Roadshow invite
In my town, the Roadshow meetings are happening soon. We got the email invites this week... Most of us. Would you find it suspicious if departments who normally go to the Roadshow, didn't get an invite?
Elavon Europe cutting jobs
Elavon in Europe going through another round of cuts. Multiple areas in all countries. Just as they took over multiple jobs from the US.
First time posting here. Didn’t know this site existed but I was laid off on 10/12/22
I work in branch banking, my branch is closing effective January 3rd. If I stay and work till my last day, I will receive severance. If I leave or accept another position with USB before that, I forfeit my severance package. Either way, I lose. — read more
I'm not going anywhere
It feels like the leadership is doing its best to get as many of us to leave as they can. The changes in company culture along with layoffs several times a year seem designed to increase attrition. Well, I'm determined that I'm not going to do them... — read more
Vegas baby!
Consumer and Business Banking leadership are meeting up in Las Vegas this week. What are Dirty Tim & The Boyz planning?
Layoffs in Portland, OR
Just got word from an acquaintance they were laid off this morning. Reminder to never dedicate yourself to any corporation - it isn’t mutual.
Chicago Market
In the past the Chicago market used to be the crown jewel of US Bank, always on top of all the performance numbers and expanding the company’s market share by acquiring Charter One and Park National. Over the past few years it has kind of fallen flat... — read more
Be ready for layoffs
We haven't heard anything yet but this is the time when there are usually layoffs, and I doubt this year will be much different. I'd expect something either in the second half of October or in the first half of November. If I'm proven wrong, great... — read more
All Quiet
All quiet out there?! Or has anyone heard anything about upcoming layoffs? If so provide department.
Fall layoffs
Has anyone else heard of layoffs before October new quarter? Like this week layoffs in mortgage
Time for Greedy Andy Cecere to resign!
Andrew Cecere, you have pocketed millions by putting thousands of Americans out of work. You have presiding over a bank scandal. You have created an unprecedented toxic environment of fear among employees with greed and obsession with outsourcing to... — read more
Why are they cutting good employees?
No one can convince me that cutting excellent employees is "cutting costs." I would rather say that it is a heavy loss for this place, because it is difficult to attract such people. A significant cut cost would be if they finally started to cut... — read more
Rates / Increases
The Fed raises rates and overnight the bank updates/adjusts all accounts. The bank's pay increases take a quarter of a YEAR before they go into effect.
Yesterday's layoffs
Does anybody know more about layoffs that happened (or supposedly happened) yesterday? Is there any way to know if the cuts will continue today and which areas will be affected? I hate having to worry about cuts 24/7 but I guess that's how things are... — read more
Return to office
Return to office will be announced within the next two months. At first you will be asked to return one day per week. End goal is to have you in the office three days a weeks minimum. Layoffs might be slowing down but the push to get employees to... — read more
Giving notice?
Does anyone know if USB has a policy regarding giving notice?
Does anyone have an idea which departments could be affected?
There is a lot of speculation about RIFs, but it is difficult to say which departments could be affected or what could be the scope of cuts. Perhaps someone has insights, although I'm still a little hopeful that there won't be any cuts at all.
Talk to us survey is a joke
Team is overworked with a HORRIBLE manager. Constantly creates busywork with no direction on projects that never go anywhere. Treats employees with no respect and allocates work unfairly creating a toxic work environment with a very unhappy team... — read more
I’m quitting
My manager keep updating and changing my day off and notifying us a day (Saturday) before the week scheduled, normally my day off is on Monday’s so I Normally plan and set up my day off to accommodate my kids appointments (daughter is autistic) and... — read more
Pushing Dangerous Employee Credit Cards
US Bank has expanded its Small Business Specialist presence. Will be adding many more of them. Decided that is where the revenue is. Big tactic is to pressure businesses to give as many of their employees as possible company credit cards. ... — read more
Get ready for the next round
Going to get ugly soon. I warned everyone twice before and was spot on both times. Hate to be the bearer of bad news, but take my announcement as an opportunity to get out before they kick you out. Peace!
Does anyone else’s boss insist on useless meetings?
Mine insists on a one hour team meeting every week, 30 min 1:1 meeting weekly, on top of 3-5 1 hour weekly meetings to discuss things that could’ve been done via email. Even books meetings on a Friday afternoon cause he has nothing to do and wants to... — read more
Payment Services
Any rumors on layoffs within payment claims services? I’ve heard the transformation team is looking to make things more efficient so I’m wondering what that will all entail in the end.
Were there many worse periods?
I didn't come here that long ago, but it already seems to me that I made a big mistake when I accepted the offer here. My fault. The atmosphere is terrible and it seems as if nobody is happy here. Were there many periods in the past that were... — read more
Job safety
Of course, no job can ever be 100% safe, but those who keep saying that we should always have this in mind, I think they are exaggerating a bit or are more anxious by nature. I still think that some jobs here are much safer than others. What do you... — read more
There is definitely life after USB
Was recently laid off. Saw it coming and was actively interviewing before I was finally told. Now have a MUCH better job, better benefits, etc. If you’ve been severed or are about to be, have faith. It gets better. If you’re still there, know you... — read more
Back to working from home?
Has anyone else who is hybrid gotten notice that their department will be working from home until further notice starting in October?
Salary
Does anyone know what the salary and bonus is for Business Relationship Manager. I want to apply. Don’t want to waste my time if pay is not good. I heard US Bank doesn’t pay well.
Can someone provide more details?
Some here write that there were layoffs but there isn't any further information.
That's insane
Getting rid of excellent employees but keeping mediocrity, what does that say about an organization? This tells me that the leadership does not have a vision, that they do not care about the future of this place, and that we can only expect things... — read more
I've never been this tired
Since the latest layoffs and losing more team members, the amount of work we're expected to do has become unbearable. All I do is work, eat, and sleep. I have no time for anything else. Or if I get some time, I have no energy to do anything else but... — read more
8/17 layoffs
Saw a post on here- anymore info on layoffs tomorrow 8/17? Who is affected
If you think USBank will show you any loyalty whatsoever, wake up
I got let go after more than 15 years, top performer, no warning or explanation. Whole team gone. I was devastated, I gave them my best years. Don't give USBank your loyalty. They will give you nothing in return.
Processors being let go
Do you think processors will be let go this week? Retail go an email stating 40% drop
https://www.bizjournals.com/sanfrancisco/news/2022/08/09/us-bank-union-bank-merger-bove-wells-fargo-usb.html
This bank is a disaster
Information security layoffs?
Any layoffs in information security? Relatively new to company, less than 6 months, and am a little concerned with everything going on.
Mortgage meetings
Does anyone else think the multiple mortgage calls week after next are something we should be scared of?