Topics regarding layoffs at U.S. Bank

Topics regarding layoffs at U.S. Bank

Payment services/Elavon

Please reply if anyone knows if this part of US Bank has been affected, or rumors of any upcoming layoffs?

We've lost so much talent

We've lost too many capable and experienced people to layoffs and I can't figure out why the leadership would think that's a good idea. We already feel their absence and it's only going to get worse in the future. Layoffs are supposed to rid the... — read more 

I'm worried about being cut

I'm worried every time I hear anything about layoffs, and I guess that's why I'm surprised by how many people here write that they'd like to be laid off. Is it possible that people are so indifferent to losing their jobs here? Isn't it better to... — read more 

The poor communications isn’t the answer

Lots of people willingly leaving these days, too. Are you seeing a thing where there’s no official announcement? Like ya gotta figure it out for yourself? Or you see a LinkedIn update?

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Post ID: @OP+1hGkVQ1a

BBS

Does anyone see the BBS position going away? Kind of a middle line job with the bankers being able to do the same loans as the BBS and most BBS's are not trained to work commercial loans... Just really makes me question why that position is at US... — read more 

Look for jobs at medium and smaller banks

Things that improved for me since I left for a significantly smaller bank: salary, bonus, title, and company culture. The only thing that could use some improvements are benefits, but when you compare it to everything else, it's well worth the... — read more 

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Post ID: @OP+1hFeDHSF

I'm still struggling with being laid off

I'm 49 and I've spent more than a decade at US Bank. I'm still having trouble accepting how easy it was for them to get rid of me. It's not the job search that's the issue, I already managed to land a few interviews. It's realizing how unimportant I... — read more 

Layoff time

So a group got their walking papers and last day is July 22nd. If you came from Citi mortgage then your safer than a long time us bank employee. This management group ran Citi into the ground then came here with their stupid ideas and it’s going to... — read more 

Be ready for next week

Just sayin. Next week will be another round, don’t tell me I did warn ya. Another massive round is already in the works and will be announced mid September

Just don't trust them!

I see that others also write about cases where managers tell individual employees that they are safe. I was told the same thing, but I don't believe at all in most of what the managers say here! I can only imagine how it feels for someone who was... — read more 

You shouldn't consider yourself safe

At this point, nobody is safe at US Bank. Layoffs are not done. There'll be more, the only question is when. Also, there's no rhyme or reason for these layoffs. People who've been here for decades have been laid off and those who've been here for a... — read more 

Take control of what you can do

Folks - I get that people are worried. It sucks. I feel it too. However, let’s all stop waiting for the hammer to fall and take matters into our own hands. If you haven’t updated your resume, do it now. Make sure your LinkedIn profile is also up to... — read more 

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Post ID: @OP+1hydhRRc

LGTBQ+ support a diversionary tactic?

I have noticed that at the same time they are laying off loyal employees left and right, US Bank is getting strong kudos on LinkedIn and other social media for its support for LGTBQ+ support. It's just odd to me that at this time they are getting... — read more 

Low morale no longer interest anyone

People around me worry every day about who might become the next target. Logically, productivity is lower than ever. It used to be unthinkable for managers to look indifferently at declining morale. So how come they don't care at all about it now? — read more 

Finally a layoff-less week

From what I can see, there were no layoffs this week. I'm guessing if nothing happened until now, nothing will happen from here on (usually they start at the beginning of the week, rarely in the middle, and even rarer on Friday). It'd be nice to know... — read more 

Lower quality of work is not on us

We can't keep the quality of work high when the leadership keeps getting rid of employees through layoffs and attrition without backfilling and then they expect those of us remaining to take on several jobs. I can do great work when I only have my... — read more 

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Post ID: @OP+1htLFFBF

Who is next?

Who is going to be laid off next and when? I’d like to warn a few people. Got my walking papers 2 weeks ago.

Get used to layoffs

Upper management doesn't care about anybody but themselves. You, me, and other "minions" are nothing but numbers in their toxic cesspool. They'll keep laying us off without consideration as long as it benefits them in any way. As wrong as it is... — read more 

Mass Exodus next couple months

Not to be overly dramatic but I work with quite a few people who are all looking outside the company. Some already have jobs while others are interviewing. The ones who have found jobs even got more money. What happened to this company? When I... — read more 

Got my offer letter out of here! What now?

Just want some insight on how and what I should do before I leave as it was for the best for me to advance, What should I be doing before like my 401k, insurance, and if there is anything g else I should worry about?

I'm so tired of this place

I'm tired of constant layoffs, being overworked, being yelled at by my manager, being taken advantage of by some of my coworkers... I'm at the point where I can't even enjoy my weekend. I keep thinking about work and dreading Monday. I would leave... — read more 

I see a light at the end of the tunnel

I'm in a celebratory mood. I just got done with the final round of interviews with a company I've been wanting to join for years. I honestly think I nailed it. Now I'm waiting for the call and I'm praying to get it soon because I'm so done with US... — read more 

US Bank Brand is Dull

The big 4 in US Banking right or wrong seem to have a more active brand. Then Truist is trying. But no one thinks of US Bank…it is not noted for anything positive. It’s logo is boring and old looking. It’s technology is boring. It lacks creativity... — read more 

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Post ID: @OP+1hoM113Z

Org Chart Change

Someone told me that U.S. Bank made a change to the system to where if someone gets laid off they still show up on the org charts and company directory for a period of time after they are gone. This appears to be true in that people who I know that... — read more 

Botched Union Bank Merger is cause of all the layoffs

Welsh and his cronies royally screwed the pooch on the Union Bank merger and got deal ho--y which is the root cause of all of the layoffs. The regulators still haven’t approved it and quietly required USB to ensure no branch closures and layoffs as a... — read more 

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| 6980 views | | 9 replies (last February 21, 2023)
Post ID: @OP+1hniyn2O

Not having any power over whether I'll keep my role

There is no way for an employee to try to keep their job here. This is what, along with the uncertainty, demoralizes me the most here. What’s the point of giving your best and having great performance when we all know it’s not the decisive factor... — read more 

How many people got laid off from certain groups?

I was wondering if we could share how many people got laid off from your team i relation to the size of the team. Please post how many people your team contains and how many people got the boot now?

Is anyone else’s manager a complete clown?

This type of a manager is rampant at USB and yet never seems to get laid off. No leadership capability, only knows how to waste time with meetings and coming up with id--tic ideas that make no sense. Has a different stupid idea every day, can’t... — read more 

How can anyone work like this?

Every week I hear about people being laid off. It’s going to be a constant trickle for the near future. Are they trying to force attrition when plenty of people are already trying to leave? Pathetic how the company always goes on about employee well... — read more 

Happy and motivated employees - are there any here?

Trying to be promoted in order to make a little more - and thus increase the likelihood that you will become the target of some of the future layoffs, does not make much sense. It's as though they've decided to demoralize their employees. The... — read more 

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Post ID: @OP+1hmrfIwR

I warned everyone “wait till June 3rd”

Then I let everyone know that payoffs were temporarily paused for another week and guess what happened. Now the next date to watch for is sometimes in September/October. Branch closures coming in your neighborhood. Get ready folks

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Post ID: @OP+1hm1Ppud

Be happy you are out of this mess

Think about it. If you were laid off or you are slated to be laid off you are getting paid to leave a company that has been a big mess for years. I know people fear recession but the job market is still really good, so finding a new position should... — read more 

Shady layoffs…zero transparency

I know multiple people who were laid off, computer access cut off same day without any chance to say goodbye or tell people they were laid off. In my area, it was done in multiple waves with a small number laid off each time and no announcement. They... — read more 

Job offer through MUFG Union Bank

Was curious to know, should I be worried about potentially being laid off if I was just given an offer for a position at Union Bank? I realize U.S Bank is having layoffs and Union Bank seemed to have layoffs last year and early this year. Thank... — read more 

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| 2010 views | | 4 replies (last June 22, 2022)
Post ID: @OP+1hlv0mXU

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