Thread regarding Wells Fargo & Co. layoffs

Is today the layoffs day?

This is supposed to be the week of major cuts but I've seen barely any mention of it so far. Considering that Friday layoffs are extremely rare, that leaves today and tomorrow. Is it happening?

Realistically, there shouldn't be a need for layoffs right now considering the alarming attrition rates we're seeing, but I guess you can never tell with this cut-happy management.

by
| 4423 views | | 26 replies (last November 10, 2021) | Reply
Post ID: @OP+1dw8TeQo

26 replies (most recent on top)

#fakenews

by
| | Reply
Post ID: @exbl+1dw8TeQo

I heard that Tech was affected.

by
| | Reply
Post ID: @ehbu+1dw8TeQo

@cci+1dw8TeQo - Not true. I was laid off on 10/20 - a Wednesday. I know of 11 other people who were displaced same day. Layoff can and do happen on any day of the week.

by
| | Reply
Post ID: @cuqz+1dw8TeQo

No.

by
| | Reply
Post ID: @1iqh+1dw8TeQo

haven’t heard a thing

by
| | Reply
Post ID: @1hox+1dw8TeQo

@1zgy+1dw8TeQo - what happened to you ? Is the payoff talk real ?

by
| | Reply
Post ID: @1evg+1dw8TeQo

I'm in tech. Got an odd invite with my manager. Full team meeting is then right afterwards.

Wish me luck!

Not worried. Financially ready to retire. Been mentally checked out of this place for years anyway.

by
| | Reply
Post ID: @1zgy+1dw8TeQo

@qop+1dw8TeQo, quants - folks with data science, AI/ML skills. They are in high demand with tech & startup companies.

by
| | Reply
Post ID: @1vug+1dw8TeQo

I heard tech was affected

by
| | Reply
Post ID: @zfz+1dw8TeQo

Third Thursday of the month, Sr tech manager, MC was laid-off last week.

by
| | Reply
Post ID: @yhu+1dw8TeQo

Our team lost two members last week, I'm in Tech.

by
| | Reply
Post ID: @dih+1dw8TeQo

Marketing is hiring

by
| | Reply
Post ID: @tid+1dw8TeQo

I am in Technology and yes there were layoffs today, including my manager. I know of 3 people but I’m sure there are more.

by
| | Reply
Post ID: @stf+1dw8TeQo

@tfa+1dw8TeQo
What group are you in?

by
| | Reply
Post ID: @hmr+1dw8TeQo

@ulm+1dw8TeQo

I am in tech, I have not heard anything yet ...

by
| | Reply
Post ID: @ugm+1dw8TeQo

Layoffs halted until 2023

by
| | Reply
Post ID: @tgm+1dw8TeQo

Layoffs slowing down, almost everything is fixed now. Kudos to management.

by
| | Reply
Post ID: @xat+1dw8TeQo

The BS never stops with it's today or it's tomorrow or it's the end of the world. Very little truth here.

by
| | Reply
Post ID: @wtt+1dw8TeQo

Heard tech is affected

by
| | Reply
Post ID: @guh+1dw8TeQo

Isn't it usually on Thursday?

by
| | Reply
Post ID: @yzl+1dw8TeQo

Last week our group (not tech) had layoffs on Wednesday.

by
| | Reply
Post ID: @tfa+1dw8TeQo

Yes, getting notice of friends in tech getting laid off right now .

by
| | Reply
Post ID: @ulm+1dw8TeQo

When they laid me off, it was a Friday. Why lay off on a Monday when you can get a week of work out of people first?

by
| | Reply
Post ID: @ffh+1dw8TeQo

Never on a Wednesday. Tues or Thurs.

by
| | Reply
Post ID: @cci+1dw8TeQo

I heard tech isn't affected.

by
| | Reply
Post ID: @jyz+1dw8TeQo

What alarming attrition rate? Not where I am and I am in IT

by
| | Reply
Post ID: @qop+1dw8TeQo

Post a reply

: