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U.S. Bancorp

QuietUSBBanks & insurance · HQ US · Updated 1 November 2026

No job cuts reported at U.S. Bancorp in the last 90 days. The last was on 20 May: U.S. Bank filed a WARN notice for a mass layoff affecting 36 employees at its Frederick, Maryland location, effective 2026-07-24.

36Job cuts announced · 12 months
<0.1%Of its ≈68,108 staff
1Round of cuts · 12 months
NoSays AI is a reason

The last 12 months

DecJanFebMarAprMayJunJulAugSeptOctNov2026-05-20: U.S. Bank filed a WARN notice for a mass layoff affecting 36 employees at its Frederick, Maryland location, effective 2026-07-24.36
CutsBuyouts, plans and signsHiringBigger mark = more jobs named

No cuts this quarter. No cuts announced in the last 90 days.

Which jobs, and where

Countries named
US

How it compares in banks & insurance

  1. Legal & General9.1% of staff
  2. Standard Chartered8.2% of staff
  3. Barclays5.6% of staff
  4. Morgan Stanley3.1% of staff
  5. TIAA0.9% of staff
  6. ING0.7% of staff
  7. Huntington Bancshares0.6% of staff
  8. U.S. Bancorp<0.1% of staff

Job cuts announced in the last 12 months, as a share of each employer’s workforce.

The evidence

Every report behind the rating, newest first, with its source. How we decide

Nothing from U.S. Bancorp, a formal notice or a named outlet about its workforce in the last 90 days.

Earlier on the record (1 event, up to a year)
  1. 20 May 2026 · Cuts announced · 36 jobs

    U.S. Bank filed a WARN notice for a mass layoff affecting 36 employees at its Frederick, Maryland location, effective 2026-07-24.

    Tier 1 · CompanyWARN notice (MD)

Right of reply

Every fact above comes from U.S. Bancorp’s own statements or from named reporting, so no comment was sought before publication. U.S. Bancorp can correct the record at any time; anything approved is published here in full.

Correct the record →

This is the Editor’s opinion based on the sources listed.