Topics regarding layoffs at U.S. Bank

Topics regarding layoffs at U.S. Bank

Commercial Lending Teams

In my market we have a commercial team of 4. But the commercial team stopped lending in our market for 12 months and they also were working from home for the last 15 months. While other banks are writing a ton of commercial loans. So my question is... — read more 

Bonus wrongfully cancelled

Worked a full year, got a stellar review and was granted 200+ shares. Then, and during the following year, got a new manager (hired from the outside) whose mission became to criticize everything from my arrival time to making corrections to my... — read more 

Worth pursing action for wrongful termination?

I wont get into the whole story...but last year I was fired for specifically "a false/unfounded HR complaint" and violation of using skype...(complaining of the workplace toxicity). I had complained through the textbook ethics channels against my... — read more 

Will U.S. Bank ?

In May 2021, Bank of America said they plan to set the minimum wage for all positions there to $25 an hour by 2025. Bank of America raised its minimum wage to $15 an hour in 2017, to $17 an hour in 2019, and to $20 an hour last year. According to... — read more 

Growing criticism?

I have a manager who is the main reason why I will leave this company. I would understand if he had some strong and valid arguments for criticizing my work, but no. Lately I have a feeling that all he is doing is looking for even the slightest reason... — read more 

No vision, no direction

I wonder where and when this company lost its compass? Where is this going? Does anyone know? It is very difficult to work in a company where there is no vision. Unfortunately, it’s a big red flag that things can only get worse. I am afraid... — read more 

A worrying trend?

Does it seem to you that more people than ever are leaving this company? I know two great young and talented people who gave notice last week. Those at the top make a lot of mistakes if they think that the same rules apply now as they did a long... — read more 

Tons of work

I'm too tired. I have had so much work for months that stress has already started to have a significant impact on my health. How is it possible to do the amount of work for 3 people and to have everything done perfectly? Perfection is required here... — read more 

People are overreacting

The 65% going to the hybrid model are "generally" expected to be in office 3 days a week. Has no one actually noticed the word generally in the announcement?? This isn't the first time what they're calling hybrid has existed at US Bank. It's just new... — read more 

Truth

Employers like US Bank are ideally looking for an employee with the wisdom of a 50 year old, the experience of a 40 year old, the drive of a 30 year old, and the pay scale of a 20 year old. If this isn't true, I don't know what is. They want all... — read more 

Thoughts on RTW

What are your thoughts about the return to work scenario that has been put into place?

U.S. Bank website is absolute cr-p

The U.S. Bank website just got a "facelift" and look at it. This is an indication of the level of trouble TOS is in. Totally clueless design and half of the functionality doesn't work. Had to use the mobile app to do Bill Pay and any payments as... — read more 

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| 1870 views | | 5 replies (last May 29, 2021)
Post ID: @OP+1aUgboxe

Elavon TOS is on the Cutting Floor

Elavon CIO last day is May 18th. US Bank CIO quickly seized the cloud engineering team for himself and wrote the following statement regarding Elavon leadership: "All other direct reports of [Elavon CIO] will be realigned to [US Bank Executive]... — read more 

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| 1873 views | | no replies yet
Post ID: @OP+1aU3oMaD

U.S. Bank discloses investigation of "sales practices"

— by the Consumer Financial Protection Bureau: https://www.bankingdive.com/news/wells-fargo-us-bank-disclose-cfpb-investigations/599785/ Wells also being investigated (again), so USB's in good company! Let's see, trying to imagine US Bank's... — read more 

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| 2600 views | | 7 replies (last June 9, 2021)
Post ID: @OP+1aM73STx

Wrongful termination case

If you think US Bank is a organization of decent leadership that runs ethical HR practices, think again. Here is the latest of many wrongful termination cases, except that this one will damage the WM area in biblical proportions... — read more 

More branch closures soon

Temporarily closed branches will remain closed forever. All effected employees will be given a severance package and an option to reapply

One more week to play the fool

Great, you made it through another week in the grind of US Bank. Are you and your family re–budgeting your year because of the hilariously low bonus you got? Can you see the sword hanging above your chair? Do you shut down your laptop and praise... — read more 

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| 2580 views | | 6 replies (last May 19, 2021)
Post ID: @OP+1avtr9iY

Could you have done much better?

I was laid off recently and only now I'm beginning to see my own mistakes. I wasn’t expecting to get laid off. USB has had a lot of wrong moves and decisions, but still, I’m more angry at myself and my own decisions. I could have moved to another... — read more 

Big problem

A big mistake I see is the decision to bring in new managers who don't know the job. "You were good in leading that department" does NOT mean they will be good in a completely different department. Then it's like having a newly-elected mayor coming... — read more 

A bunch of branches are closing

“Customers’ banking preferences and behaviors are changing, influencing how and where we operate,” stated Keith Lawson, US Bank district leader. “As a result, we are consolidating some of our physical... — read more 

Left us bank in February.

Feel so liberated, happier, stress free at new place. Oh and other companies have better benefits too. This chump ceo is running us bank to ground

"One U.S. Bank" corporate mentality

The "One US Bank" corporate mentality is absolutely destroying the bank's fee business lines which must compete with the myriad of non bank disruptors, nimble fintechs and emerging competitors which do not have to act, operate or report like a bank... — read more 

Jacking around with my severance

I just received word that they "miscalculated" my severance and I will be getting only 25% of what they told me initially-and possibly even less. It's been over three weeks since I was informed of my layoff and my last workday was last week. ... — read more 

What are some of the worst decisions?

I am fairly new to US Bank with less than a year employment. I’m curious to know what are some of the worst decisions the company has made that you feel have been detrimental to its growth or sustainability? And do you think the currently implemented... — read more 

Technology is a dinosaur

Someone’s comment that our technology is stuck in the early 2000s made me chuckle. It’s actually a sad reality. I understand that these are sensitive things, but I don’t understand why there is no motivation to improve technology. I am afraid that... — read more 

Even if they fire Levang...

The well is already poisoned at TOS and the entire organization. One bad and toxis person moved to a leadership position can cascade negativity and incompetence all around. There is your root cause.

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| 2870 views | | 4 replies (last November 11, 2021)
Post ID: @OP+1a9xxb1g

How happy are you here?

Perhaps this question is a bit naive, but I have a feeling that no one is happy here. The work here is a means to an end and there is no fulfillment of any kind. It makes me depressed that when I look back, I realize that somewhere else I could... — read more 

Why does this keep happening?

I know for a fact we're losing customers because they don't want to talk to somebody from another country each time they have an issue. Most of them make it known that's one of the reasons why they're leaving. Yet, the leadership keeps outsourcing... — read more 

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| 1621 views | | 1 reply (March 30, 2021)
Post ID: @OP+1a5RLw9d

Picking some talent

I just hired two great and highly talented individuals right out of US Bank into my practice. Their stories are almost identical. Strong background, solid track, then lured into USB with recruiting tactics, promised an amazing role and environment... — read more 

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| 2730 views | | 6 replies (last March 30, 2021)
Post ID: @OP+1a3SxLFL

We are neglecting the full picture?

Those that are butt hurt because branches are getting closed and people are losing their jobs are just not seeing the full picture. While I don’t wish for anyone to lose their job you have to look overall how not only this pandemic affected us but... — read more 

Outsourcing in digital

huge long term contract with Indian agency. parallel offshore digital teams of dev, pm, design...even accessibility roles. two offshore teams for every onshore. said it was b/c there’s not enough talent in US. or maybe because they don’t pay... — read more 

There are not many better choices?

I’d love to get out of here, but I don’t know exactly where. I don’t know of a bank that wasn’t hit by the pandemic. There aren't any that are doing much better. I’m still happy with pay and I can't complain about the atmosphere, but the amount of... — read more 

Elavon Layoffs Coming?

Anyone out there know of any layoffs coming to Elavon in the next few weeks?

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| 1400 views | | 1 reply (March 19, 2021)
Post ID: @OP+19Wm43i1

Hard to believe

That there are THIS many id–ts that work for a financial institution. Yeah, compensation is down. Does anyone care to think why? Hmm what happened in 2020 and how did they company perform? Oh that’s right, a global pandemic that was unplanned for... — read more 

Us bank is slowly dying

Big changes in every department, hiring freeze, poor management, very poor executive management.......not sure how they keep getting most ethical company or best place to work. They keep serving the coolaid to the enployees

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