#displacement

Managers in SLC, UT have stated that either August 4th or the 18th will be the day for a big displacement, especiallyin the QA department. Does anyone have any solid/confirmed information on this information?

One manager said for certain it would be the 4th. But can they know for sure and able to truly provide such information about displacement dates?

Months ago we heard Walmart planned 3000+ H1B hires. Then, the Trump administration attached a $100,000 fee for bringing in a foreign H1B employee to replace a US based associate. After that, Walmart walked back their H1B plans.

Now, a federal judge has ruled the fee is illegal. Does that mean we’ll see Walmart dump a ton more US based associates and bring in foreign H1B workers to take those jobs? If I had to guess, I’d say, yes- they probably will.

Fury erupts as US brand fires 1,600 employees after securing thousands of foreign worker visas

https://www.foxnews.com/politics/fury-erupts-us-brand-fires-1600-employees-after-securing-thousands-foreign-worker-visas

Are there tax implications by choosing one over the other? Does that affect how you can apply for unemployment? Can’t understand why someone wouldn’t just want to get the entire severance amount in one large deposit. Thanks.

Grab that OT while you can just in case. Maybe we’ll meet at the displacement briefing.

IowaWorks provides assistance to workers. These workers were affected by recent layoffs. Officials say help includes resume support. They also offer training opportunities. Workers can find new job opportunities.

https://www.weareiowa.com/video/news/state/iowaworks-provides-resources-unemployment-assistance-to-workers-after-layoffs/524-3e6ba134-4776-45d8-9aed-3a8fcfa64d9d

I have been moved around to multiple teams since COVID (same job title and same pay, though). It appears our team will probably be laid off by this next Tuesday after payday as the work we did is being handled by original team that should have been working the cases anyway., but my question is, has anyone had success convincing HR to let you go back to your previous team vs. being displaced? I mean, it’s not my fault I am on the team that I am on. I was just flexible and adaptable but I would really like to go back to one of my previous teams rather than being laid off.

Can someone tell me if they received insurance during the displacement was it Cobra? how long did you have it? and did Wells pay their part of the insurance?

Just a note for those confused by the info provided in the Displacement Packet regarding the timing...

PTO and Final Paycheck for me were just deposited in my bank account on the last day of my 60-day non-working period. Thought it would be next week, but no. Submitting my Lump Sum request tomorrow (1st day of my "free agency"). I'll let you know how long that takes to process.

Worked in Tech...Cybersecurity.

End of Q2 is upon us. Share if you have any info on upcoming displacements such as Groups/Dates.

Governor Gavin Newsom issued an executive order last month. This order directs state agencies to study AI's impact on work. California aims to prepare its workforce for potential disruption. Data collection and employment trend monitoring are underway. The ultimate effects of AI on jobs remain unknown.

San Diego, California

https://www.axios.com/local/san-diego/2026/06/19/california-ai-workforce-displacement-newsom-order-employment-data-worker-safeguards

Two to three months until they think Cognizant will be ready to start taking over activities in Digital, and we should expect some roles to be displaced. "Some of it will be a bummer," says RK.

There are a lot of rumors that upper leadership has stated that SLC will be displacing the QA deptments end of June possibly the end of 3rd quarter in Sept. Its also been said that most of SLC will be gone before 2027. Any truth to this?

Just read on a local news website that the 800 bldg downtown STL will be going up for auction next month (June). With all the RTO mandates it will be interesting to see if the bank will purchase the building not knowing whomever buys that building has different plans with that property that could potentially displace BOA altogether in that building. I hope not because I will WFH if that happens and not relocate to another location which I currently commute 2hrs already RT.

Displacement call 9:15am on a Tuesday after payday for me. Got the IM (inconsistently meets) at end of 2025 for the first time. Had always gotten meets prior and no real reason for the review or what I did wrong. Simple explanation of “we expect more than we used to” brouhaha.. Also got the telltale “you have not met standards
Of using AI in the past month” email even though those supposed standards were only being tracked for my team starting May 1, and I had been using since mid April on a daily basis.
Half my team was eliminated. Well, half my U.S. team was eliminated, most with 15+ years with wf under their belts. Underperforming teammates in India had no layoffs. Writings on the wall folks. No one is safe as management doesn’t, and hasn’t cared for a long time. Pretty soon all work will come out of overseas locations with no quality checks being done. And AI isn’t at a place yet to replace the work of many specialists. CS doesn’t care though, as long as he gets himself and all his banking buds jobs and retirement packages while he still can.
Get out while you can. WF is now, atleast to me, considered the WF Titanic of companies. Sinking ship, not enough life boats for sustainability, and I foresee another audit/check of WF illegal workings, with a spotlight on good ole Uncle Charlie. That’s why he keeps hiring his cronies from past jobs and contacts, right? Feather their nests while he still can.
As soon as I can, I will also be switching banks to one I have faith in. And there will be no ties ever again to WF.

Johnston Public Schools announced staff layoffs. Seventy-nine layoff and displacement letters were sent. Approximately half of these positions will be reassigned. The district will meet with the union to place affected members. Further announcements on school closures are expected.

Johnston, Rhode Island

https://turnto10.com/news/local/johnston-public-schools-to-lay-off-79-staff-members-reassign-half-positions-impacted-available-union-april-28-2026

Wonder if I have a case re: Billesdon vs Wells Fargo Securities, Inc.

Grand Rapids Public Schools is considering displacing up to 47 teacher positions. This action is planned for the 2026-27 school year. The district aims to align staffing with declining student enrollment. Officials hope to eliminate open vacancies rather than lay off current employees. Teachers may need to transition to different school buildings.

Grand Rapids, MI

https://www.mlive.com/news/grand-rapids/2026/04/grps-weighs-displacing-nearly-50-teachers-citing-declining-enrollment.html

As we know, when you’ve been at Wells Fargo for 10 years, you get an additional 40 hours PTO… But they don’t give it to you at the start of the year but rather they spread it out over 12 months. If you’re let go or fired before the end of the year, how much of that 40 hours do you get … that is, would you get whatever is remaining or due to you from the separation date until the end of the year? In other words, do you that 40 hours PTO or only that much of it that has been given to you up to and ending on your separation date?

How many plants and distributors centers have had Capstone take over their facility? Kicking out union and union wages

FCRM/FCM remote OR employees were told by executive team, they would be displaced in October 2025, 4th quarter. That came around and they changed the date to the 1st quarter of 2026. Now into the 2nd quarter of 2026 with more empty promises and no displacement in sight. Prevent Ai not working as planned 😂 buggy program and they need to keep senior staff around to balance out the cascading CPH metrics. Also changed to IPH and lowered metrics because Fraud Agents are underperforming with a rushed Ai product.

There were dozens of people laid off in Operations at the St. Louis hub today.

About 30 people in ITV across the org displaced today.

It's going to be so many people displaced today. You know when your Boss's Boss's Boss is visiting your site there will be layoffs. People will be leaving in droves. Mass Exodus. Shut it down and carry on.

Charter Communications is ending operations at a Spectrum facility. The facility's final day of operation is May 21. This action impacts 313 employees. The company submitted a worker displacement report. Work from Appleton will transfer to other U.S. centers.

https://www.wpr.org/news/spectrum-call-center-in-appleton-will-close-leaving-over-300-people-without-jobs

Pretty much the title. I know every group has their bad apples but seeing how many employees of other ethnicities (not even talking about white people here) have been disproportionality replaced by those from South Asian countries is absurd. Am I alone in thinking this?

Three team members were displaced a couple of weeks ago.
After bonus payout, 3 out of 4 senior team members resigned.
Made my day

I just heard the entire asset movement department in Operations in St Louis was displaced. Any truth to that?

In the 2 months displacement notice period, it says it is non-working. Does that also mean we can't work for another company?

"Confirm eligibility as a dependent of a Wells Fargo employee with required employment status."

My child is applying. Deadline February 26th. If they are awarded this year, and I get displaced after they are awarded..how would that work? What if I'm displaced and then they are awarded, are they no longer eligible? (Unless I'm in my 60 day non-working employee period). I ask because I'm 99 percent sure my displacement will happen between March and June of this year. Thank you in advance.

Did anyone that was displaced last year get info on their bonus? I was eligible but my manager did not get any bonus information and referred me to a generic HR email that referred me back to my manager.

Just got displaced today. Anyone know how severance is determined?

About 10 were displaced today from the Barn (they were all WFH but based in Oregon). Estate care center. I wonder how many folks from the Barn remain that are still working from home.

Hello fellow displaced employees, do you know if we get any kind of communication or advance notice that will be getting a bonus or do we just find out by checking our bank account on February 13?

In 2026 WF is moving the cost of severance packages to the line of business. LOBs are not funded for this cost and will instead force terminations through low performance reviews. Displacements will be delayed as each LOB works through this process. This is so sad, many good people will be forced out due to 'low performance' who truly deserve a package.

Was displaced during Q4 and currently in the 60 days non-working. I can't seem to get a straight answer, but wondering if I will still receive a performance review for 2025?

Two people on our team were let go or displaced or whatever today.

During the severance period, does one have access to rollover from Cash balance plan to an IRA? What if displacement status is 'Retired'?

Apparently has been put on hold . I was initially informed that I would be released at the start of the second quarter. However, today I was informed that this decision has been reversed. While I am grateful to retain my position, I must admit that I was looking forward to the relief of not having the threat of displacement looming over me, and I would prefer to receive a severance package should they decide to terminate my employment. I am now concerned that I might receive an IM or one of those unnecessary RTO reports, which they could potentially use as justification for my dismissal. This marks the third occasion on which I have experienced a similar situation.

I was displaced on 10/28, got final paycheck / vacay payoff on 12/26 end of non-working. When does the first severance check deposit?