I was laid off after more than 15 years at Wells. I survived the previous rounds, but I was finally caught up. Our CEO made it no secret this would continue through 2026. Each round I survived I had a little hope. Make no mistake it doesn't matter if you are a top performer or not. I have seen top talent just be let go over and over. It will continue.
I knew this might be a possibility, so I have been looking for jobs for months. It's been scary with this economy and job market. No bites. Had resume reviewed, joined job boards, joined talent agency/groups. The only thing that has come up is short term contracts but no real bites. Ageism is real and it's scary as he-l. All I can do is keep trying, take some time to up-skill and get some additional feathers in my resume cap, but I would be lying if I didn't say this job market is brutal.
Make no mistake. Wells doesn't care about the loyalty and commitment you have shown to them no matter how many years of service. Your performance isn't a guarantee either. Over the years I have jumped when Wells said jump. Traveled more than I can remember, worked nights, worked weekends, putting in 50-hour work weeks. Been a repeated top performer. They expect loyalty from you but don't expect loyalty in return. Don't be fooled. None if it matters in the end. You are just a number to Wells.