USB has significantly more cuts planned all with an eye towards a massive payday for AC and the executives through a buyout. AC has personal gambling issues and is desperate for the payday and ego stroke. He has sold USB out in search of the highest... — read more
Card counting Cecere needs to go
He’s gambling the future of the company to the ground. There’s a reason why he’s on the banned in Vegas and Atlantic City.
Why is the transition to a modern system so slow?
Bunch of old bank people without a clue as to direction or how to lead people. TOS management is just running out of the string until they get their golden parachute. It’s well past time to simplify, consolidate, and focus on what’s critical. Move... — read more
More branches closing
U.S. Bancorp will close about a half-dozen more branches in the Twin Cities, some of them inside other businesses. The closures are part of a larger transformation since more transactions now occur digitally. Earlier this year the bank said it would... — read more
Severance info
I've heard there might be some severance reductions in the future rounds due to the pandemic and I'm having trouble believing even this place would be willing to screw over its employees so badly by doing something like that in the worst possible... — read more
US Bank Layoffs 2021
Is there going to be any reorg or US Bank Layoffs 2021? Any news or rumors?
January RIF?
Any updates? Heard anything? Is it January or just first quarter 2021?
Andy Cecere stepping down. Richard Davis is coming back
Wishful thinking
Something Coming?
Continue to hear and see smoke about large scale changes on the very near horizon, possibly as early as the end of the week. Does anyone have any details upon what other shakeups might be coming?
Big announcement coming soon
Wait till after the holidays. News has leaked from inside sources. January 18th will be a new day
Quit your job at US Bank Today!
You can stop the mess, the stress and the politics once and for all. Don't waste your life waiting for a promotion that will never come. Forget about an "officer", "AVP" or other meaningless honorary title that only is used to flash at LinkedIn and... — read more
IT Department Being GUTTED
Meetings this morning and several full stack developers and application developers quietly notified their job will be disappearing in 90 days and to look for positions in other divisions. Meanwhile we continue to post profits amid every other company... — read more
Never again US Bank
Too many mistakes. Too may rats and weasels running the organization. Too many frustrated customers feeling ripped off their $ with irrational commissions and fees. Too many loyal and hard working employees feeling squeezed and underpaid. This... — read more
Next branch closures is On-Site branches
Announcement coming in January. Happy new year’s!
U.S. Bank announces plans to close more branches; Q3 profits decline
https://www.bizjournals.com/twincities/news/2020/10/14/u-s-banks-profits-drop-in-third-quarter.html?iana=hpmvp_twin_news_headline
US Bank website and services down
Check the page https://downdetector.com/status/us-bank/map/ Massive outages ATM website mobile in all the regions where US Bank operates Piece of c-ap bank
Where to apply?
Where are people who have been impacted applying for new jobs? I've looked around, and every bank has had a major layoff or two in the past six months. Most of them are not hiring right now and even if they do, chances are they'll have more layoffs... — read more
Wake up and flush the toilet
For those impacted, my solidarity. I know you are going through a lot. Anxiety, anger, powerlessness and sadness may be some of that. US Bank owes you nothing. They never cared about you and they squeezed every bit they could from you. Flush US... — read more
New day new beginning
One door closes, other opens. Everything happens for a reason. How do you know this was the best job you’ve ever had, next one could or will be even better. Opportunities are born during times like these. Don’t be an employee , be an employer. ... — read more
More to come?
After the dismantling of community banking is this it for a while or is there more to come? Are the division support staffs in community about to be consolidated? Are regions going to be eliminated? Will community now be merged into metro (it all but... — read more
https://www.bizjournals.com/twincities/news/2020/05/06/former-employee-sues-u-s-bank-claiming-boss.html
Welsh sweeping this under the rug to protect his buddy from McKinsey.
They should call it Offshore Bank
Nothing U.S. or American about it anymore. No appreciation for those with decades of loyal service. Just outsource to "offshore" cheap labor hourly rate turks that don't care about the brand, don't know the industry, say what you want to hear. All... — read more
Positioning CBB for the future pt2
We have tremendous opportunity to further accelerate our business banking segment strategy. Lynn Heitman will now focus on leading these efforts by building an expanded team and partnering across the bank to create a holistic business banking. The... — read more
Positioning CBB for the future pt1
This email was sent to all CBB employees. Within Consumer and Business Banking (CBB), we’re all working toward a common goal: becoming central to the financial lives of our customers to power their potential. To achieve this, we embarked on a... — read more
F*CK US Bank
Fck Andy, fck Tim, f*ck anyone that had anything to do with today’s news. US Bank is dead. Anyone left should leave. They’re clueless and only seeking to ensure their bonuses. They don’t care about employees at all. Employee engagement and... — read more
US Bank Layoffs and more...
Do you stay with US Bank because you still want access to your "pension"? You like the bogus bonus structure? You feel like you live paycheck to paycheck with Damocles' sword hanging from above? Guys, wake up and React up. US bank owes you nothing... — read more
Happy Monday!
Good morning, everyone – Last Friday got away from me, so I decided it would be better to wait and say “hello” on Monday morning, in hopes that it can help us all ease (or be thrown) back into what will likely be another busy work week. 😊... — read more
Here’s a gift to all the ID10Ts at US bank that can’t seem to do basic google searches
https://www.occ.gov/topics/charters-and-licensing/weekly-bulletin/2020/index-weekly-bulletin-2020.html
More branch closures next week
Temporarily branches will be closed effective immediately. More announcements will be made next week.
I envy those who were already notified
The stress of the past two days is really some of the worst I've felt my entire adult life. If I was laid off, at least I'd know what my next steps would be. Like this, I feel stuck in the limbo. I know it'll all probably be done by the end of the... — read more
Media
https://www.bizjournals.com/twincities/news/2019/10/22/u-s-bank-tells-workers-job-cuts-are-coming.htmlP
When will we know more details?
Now that this bomb has been dropped on us, what are the chances they'll give us the details soon? It wouldn't be fair of them to announce something like this and then let us all stew for who knows how long. That wouldn't be good for us or the bank... — read more
Retail Banking is Finished (IMHO)
Find a different job while you can...
Breaking News!!!! (As of 10/1/2020)
This email was sent to all employees. Focusing on out future Team, During the past few years, we have taken many steps to position our company for the future. We invested in technology and digital capabilities, adjusted organizational... — read more
10/1/2020 Job Cuts Coming - Announced by A.C.
10/1/2020 Job Cuts Coming - Announced by A.C.
Layoffs?
Has there been any news?
What will 2021 hold?
With the return to work now paused until after sometime in January, will they start looking in to see how many people actually need to come back? How many positions they actually need? And how much space US Bank occupies that will need to be reduced... — read more