US Bank CEO want to put all money in his pocket. I wish he face the same thing as Wells Fargo CEO gone through. US Bank CEO only believes in numbers. Forcefully pushing employees to meet their sales goals. I wish him a BAD BAD Luck. He has... — read more
Branch sacrificed to keep HQ happy. Bank in Credit Unions instead.
While hard working people at the branches are being ripped off their benefits (shifting them from full time to hourly) to save money, all the SVPs and royalty in HQ are alive and well enjoying their lattes before attending worthless meetings to talk... — read more
Poor man’s Chase
Once Richard left and Andy took over the sink began to sink. Under Andy, this company’s business model revolves around everything that happens at Chase. “Customer Obsession”, “Digital Engagement”, “Regional Executive”, “Cluster Leader”, “Community... — read more
Has Cecere ever stepped into a branch?
Ask yourselves and ask whoever you want when was the last time Cecere and JVG stepped into a branch in southeast Minnesota or mid Wisconsin and talk to the staff. They look at their branches through spreadsheets and profit and loss statements.
This is what happens when the bank doesn't think things through
3 months afer being let go and taking severance, the project that we were working on TANKED and I was contacted by my former mgr to come back through a contractor to help right the sinking ship. So, I was hired back as a contracted emp, for WAY more... — read more
Not a happy customer
They care nothing about their employees nor their customers!!! I get so frustrated as a customer trying to conduct business with them. They are making it more inconvenient for us, the customer. They are trying to lose touch with there customers, the... — read more
The Future of Banking
Automation in. People out. There's just about nothing a person does in a bank that a computer can't do, and frankly, do it better. Bankers have never been known for their winning personalities, to the contrary actually, and so these changes are... — read more
Dont make a mistake
Make a mistake and your job will end. ..no write up nothing. Not 1 minute over your given tine..even if you HAVE TO WORK Thru lunch..made to get rid of time by leaving early. No concerns about the older generation. Care nothing about employees... — read more
12/20 Deadline re-hire question
For those of us Assistant Managers choosing to stay in one of the new roles they created - are you worried how long the process will take and if they will get it done in time by the 12/20 deadline so we don’t loose our seniority? Are you all... — read more
What's the best alternative?
The banking sector is in shambles right now - I clicked on the first four related companies at the top of the page and now I wish I hadn't. It's just as bad if not worse than here wherever you look. Where does that leave us? Where are we supposed to... — read more
Not everybody was laid off
US Bank repurposed the assistant branch manager role because they no longer have operational, non customer facing duties. If your friends were just hired/promoted they still have their job with a different title. No one was walked out the door-they... — read more
Customer Relationship Consultant (New Role Questions)
Question Us Bank just posted almost a 1,000 positions across the country called a customer relationship consultant and many assistant managers in our area are applying. I have heard there are 4 levels but does anyone know if this will pay... — read more
Incompetence at US Bank
Got rid of tellers and branch managers (first point of contact to customer). Want 75-yr olds to understand how to use your c-appy website and c-appy mobile tools? Everywhere from Anne M Janke to J Bilden to S Levang, all incompetence and no positive... — read more
Clean up your resume and interview like crazy
Clean up your resume and interview like crazy. Time things wisely. Get your severance and get ahead of everyone else. Remember nobody will care about your career as much as you will. Nobody owes you anything. You owe a better future to yourself and... — read more
Cynical and Ruthless Layoffs by USbank
In a surprisingly cynical and ruthless move USbank decided to make a "Staffing Overhaul" at all branches and operations centers this week. Claiming to replace "non-customer facing" employees such as Assistant Branch Managers and Teller Coordinators... — read more
US Bank equal to Sears
Remember when Sears stores used to look like a ghost town 2-3 years ago before the bankrupt? That's precisely how US Bank branches look today. Cecere only wants his golden parachute. A sad story of incompetence.
Go work for their competitors!
I was there 12 years and when optimization plans came out last summer, I saw the writing on the wall. Everyone assured me it would be ok but I saw right through the lies. I left and now am thankful I did but now hearing this happen to many friends... — read more
What will happen to the bank managers?
What will happen to the bank managers? They let some district managers go today. Assigned the remaining DM’s more branches. I was just wondering the same thing as @11DvdIse-2muy . Let go and ad more responsibilities to the remaining ones. How... — read more
How come most of the laid off people are in their late 40s and above?
Does anybody not see anything wrong with that???
Greed
I don't know who handed the keys to this new CEO and CFO, but they are destroying this bank. At the peak of the recession, under richard davis, promotions and moving up were still alive and well... the lending process was smooth. The new lending... — read more
Outsourced
Came in to work, it was a good day with light traffic. Then saw a message with an invite for a a mandatory conference call - I knew exactly what will happen, we were all on the chopping block... Anyhow, the entire group of us (IT analysts) will be... — read more
Commercial Lending Layoffs
Happened today, my husband was laid off after 10+ years with the bank. He's crushed. Good luck to all of you who are still there. For all people that got laid off: my prayers are with you. Good luck!!!
What happened today?
What departments and/or locations were hit today?
People First
Help me understand this... All metrics are trhough the roof, we are doing really good, executing exceptionally - so, we decide to lay people off? How is this a "People First" strategy - this is anything but... Oh, well. Crony capitalism I guess... — read more
Pay attention!
Going forward employees need to pay close attention to weekly changes and “optimizations”. The branch optimizations that have been carried out over the last year or two were clearly making the assistant manager position obsolete. This pattern is... — read more
What will be hit next?
Small Business Banking? Something else? Please, if you know something, share. My nerves can't take much more of this.
U.S. Bank Eliminates Help Desk and Other Groups
Mandatory Call for Help Desk, Technical Fulfillment, Vendor Compucim, and ITSD Field Groups. Told that positions will be eliminated by August of 2020. Positions are only guranteed until May 2020. Only keeping 20 people from group of... — read more
Call today: You are no longer needed (Branch assistant managers, teller coordinators and full time tellers)
We were told to get on a mandatory conference call with our branch manager today. The call was to inform us pretty much that our position was no longer needed now that the company is moving towards a new direction. Branch assistant managers... — read more
To what company are you outsourcing IT and Business Process stuff?
I am with AT&T and we have a lively board here. We just outsourced 3000 jobs to Accenture. https://www.thelayoff.com/t/11047wZu
Tally 2019: 159 Branches closed, 150 still to be closed.
Talk to you managers, see how your branch is doing and if you may get closed. Get ready
Mega Thread
Here it is: @11DvdIse OR https://www.thelayoff.com/t/11DvdIse TITLED: USBANK OCTOBER 21 2019 POSSIBLE LAYOFF'S ?
Made Forbes list of most ethical employers... Hmmm....
I work at usbank and the last 12 months I’ve noticed terrible changes. Can they stop talking about being in Forbes list of most ethical employers. When they are ranked all the way down in the upper 400s and the lowest of all banks and lower... — read more
Severance Payment - US Bank Layoffs October 2019
What's typical severance payment for this go around? Same like 2018 (my layoff year)?
Repost - BIG BLUE BUTTON: See only active posts!
See only ACTIVE POSTS (ones that recently had replies...) ||||||||||||||||||||||||| For new folks here, there is a large "ACTIVE" button right above the first thread... you can use it to see what posts had recent replies. That's all from me... — read more
Generation shift
I write this for our peers in the retail world. You are valued. Your contribution to connecting and growing our relationship with our customers has built the foundation for U.S. Bank to succeed. Consumer behaviors have shifted and it makes sense to... — read more
Things are not going good at US Bank
US Bank has a new and changed culture. The things started changing rather rapidly after Richard Davis left US Bank. The bank changed from a people centered company profit and only profit making machine, each employee became a number…. Look around and... — read more
Help Desk Outsoruced
Good bye to almost 150 good solidly jobs - yep, we are yet another victim of #outsourcing