Company Values and Reputation Have Been Compromised!
Pros
Support within lower ranking staff is positive. Up until mid April, prior to new President, the company had way more positive than negative. Conservative lending. Risk management focused. Has always been ethical. No idea what to think now.
Cons
New president/CEO does not personify U.S.Bank Values of putting people first. Decades of trust has been lost. Respect for employees is gone. Greed for multi million $ salaries at the top takes precedence over caring for the hard working employees that do the hardest work. Cutting costs by moving United States positions overseas and cutting aging (45+} workforce seems to be the new strategy. New president/CEO gave insulting responses to employees asking questions about cuts affecting salaries, calling that a “selfish” view. Very arrogant/cold demeanor. This attitude and other negative statements made to employees Put our reputation at risk.
