Significant amount of folks will get laid off this month. Wellsfargo wants to save the bonus and 401k $. Sorry folks you are fired.
4 replies (most recent on top)
Be an active employee by December 15th and the 401k match hits your account on 12/31/24.
Source: Called the plan administrator.
OP is full of sh*t. To get 401k match you have to be an employee thru the end of the year. If they laid you off even in November + 60 days-- you'd still be an employee at the end of the year and get the 401k match.
Bonus, well, say goodbye to that if you're laid off in December b/c bonus hits in 1Q25. It'll just be more money for the bonus pool for people who are still around.
Thanks for that insider update OP, much appreciated.
For a minute there I actually thought this thread had some actual information but as usual, dopes keep posting nothing burgers.