In light of all the insecurity, layoffs, reorgs and whatnot I have tested to see a wave of layoffs that will thin the management structure. I mean, why do regular working-bee employees have to be the victims, when we all know that the over blown and... — read more 

I've been on the fence for a while now. I keep adding things to my pro and con list (and the con list is significantly longer) but I still can't get myself to take that final step. What was it that pushed you to finally say "sc--w it" and tell them... — read more 

Some of the best people have been cut but those who are known to be lazy and who can barely do anything are still there. Isn't that crazy?

Layoffs in small chunks shrouded in secrecy - honestly, I didn't even expect any fairer approach to layoffs here. This has long ceased to be a place where employees can feel respected and valued. Does anyone have any idea how many people have been... — read more 

How?

Because it certainly doesn't seem to be employees' side.

When will it be enough? I know my weekend will be anything but relaxing having to worry about what the next week will bring regarding more layoffs. Then it's the week after that and then who knows how many more. Are they intentionally trying to... — read more 

Across various business units, there will be a blood bath. Have heard of cuts/layoff coming in at least 4 different areas. Lots of FTE to reduce. Hoping my 24 years saves me but what I have seen over the last week, don’t think there is much to save... — read more 

Take my boss for example. Been with the bank 20+ years, team has complete turnover every few years. Doesn’t know how to do anything except micromanage, create extra work, and throw around useless spreadsheets. Couldn’t execute a proper idea to save... — read more 

Best thing that happened to me was I was laid off 2 years ago. I was stressed for couple days but now I look back and so glad I am no longer there. Not only do I make more money but It also helped me unlock my potential.

Nothing to worry about as the recession ravages the economy... Customers will carry a zero balance on their credit cards, a zero balance on personal credit lines, there will be no new commercial loans, no new home mortgages, no new car loans, nor... — read more 

Being laid off (if it happens) could be a blessing in disguise. More pay and the opportunity to work for a company that isn’t a dinosaur of the banking world.

Fortunately, I wasn't affected although I am still very anxious. I am sorry for all those affected and I hope that they will soon find much better opportunities. For those affected, I'm wondering if there were any signs or red flags that you... — read more 

It's sad but expected. This was wide and many roles affected - operations managers, admin, project analysts, digital accelerators, etc were told on Monday

I've been hearing that there were even more layoffs today. Can anybody say what was hit and how badly? I'm getting tired of this whether it's true or not. My stress levels are through the roof and even unsubstantiated rumors make me go into a panic... — read more 

Has anyone in Elavon/payment services been laid off or heard of any upcoming layoffs?

I don't think cheaper labor will contribute to the U.S. Bank gaining any comparative advantages over competitors. What can cheaper workforce fix here? The bank needs talented employees, which is most of those who are cut! It's awful what's going... — read more 

This is what I think makes these layoffs even more illogical and unnecessary than usual. We have huge attrition currently. Some of the best people are leaving, meaning that people who earn the most are leaving. That's not good for the bank but when... — read more 

Once again I am very disappointed with the media coverage of the layoffs here and I wonder why it is so poor?

I work in a community market and it’s been top of mind that the company is going to consolidate their branches to just metro areas. Any thoughts on this?

US Bank hasn’t shown a profit since 2018.

I for one am taking my severance and not looking back. I've been with US Bank for a long time and it's only gotten worse over time. There's a lot of other companies out there that still have some humanity, so don't fret for to long over these... — read more 

Who will be affected the most?

Anyone heard of any layoffs at Elavon?

With the threat of layoffs as present as ever I have made my decision that I’ll be leaving this company. I'm still not sure about the method of my departure. I’m sure I will be laid off at some point in the near future, so my dilemma is whether to... — read more 

I don't think we've had layoffs on a Monday often before. That can only be the sign that this week will be busy regarding cuts so they decided to start early. I honestly thought we were done for now, so to say this has increased my stress levels... — read more 

They already outsourced TOS support to India. Looks like they are migrating other parts of the company to India. Does anyone know if this is how all banks are headed. It seems ridiculous for a bank called U.S. Bank to be replacing it's workforce... — read more 

I think that we've determined that the layoffs have stopped for this month at least, but it doesn't hurt to check. Is there any indication we can expect more layoffs this week?

I've been looking through all the usual sites in the past week or so and I found more than enough open positions in all the major banks. I was worried that there would be none since there are layoffs all across the industry, but I was wrong. This... — read more 

This is not a trolling question. I've been here a little over ten years and I'm ready to leave. I don't have anything lined up yet but I do have a few irons in the fire. I would have no issues with being laid off. In fact, I would welcome it. Plus... — read more 

I would be grateful if somebody who was impacted or who knows somebody who was impacted could provide us with severance info.

That's something I'll never understand. The fact is we do have fat that needs to be trimmed. We have people who spend most of the day doing nothing or who have been here for years but still don't know what they're doing. But somehow, those people... — read more 

Really pathetic how poorly USB leadership executes… I know multiple people who were hired on, many on new sales teams or initiatives that were poorly thought out and laid off within a year or two when leadership changed their mind, realized they... — read more 

All other business lines have them coming soon this month. It’s going to be disgusting how many are let go. I know of entire groups/depts that are going to be impacted hard. Saving a buck at the expense of all the hard working people keeping this... — read more 

https://www.bloomberg.com/news/articles/2022-06-07/what-to-do-if-you-lose-your-job-tips-for-the-recently-laid-off

Is there any chance we're done?

Is anyone seeing layoffs yet in their department?

The original layoff date mentioned was June 3. Is it still happening on Friday?