Thread regarding Wells Fargo & Co. layoffs

Age and Years in Service

If you have been let go, How old were you when you were laid off, and what was your years in service?


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| 351 views | | 157 replies (last May 3) | Reply
Post ID: @OP+1knm97wgh

157 replies (most recent on top)

34/7

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Post ID: @ec+1knm97wgh

42/7

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Post ID: @eb+1knm97wgh

41/5

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Post ID: @ea+1knm97wgh

36/4

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Post ID: @e8+1knm97wgh

60/20

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Post ID: @e4+1knm97wgh

59/40

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Post ID: @e3+1knm97wgh

37/6

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Post ID: @e1+1knm97wgh

52/21

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Post ID: @dz+1knm97wgh

46/2

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Post ID: @d0+1knm97wgh

39/3

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Post ID: @cg+1knm97wgh

@c9 You're not interpreting that correctly then. That says the majority are under 40, that's hardly "sacrificial"; it's who is "targeted". You're not the center of the universe.

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Post ID: @cf+1knm97wgh

32/9

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Post ID: @ce+1knm97wgh

40/17 and in my papers there was a section that showed me the age spread of the entire group that I was let go with. Apparently it’s required for all employees over 40 per the OWBPA, was very interesting to see.

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Post ID: @cc+1knm97wgh

57/10

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Post ID: @cb+1knm97wgh

40/20

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Post ID: @ca+1knm97wgh

@c4 if i was trying to avoid lawsuits, I'd endeavour to target high tenure/high cost individuals (which would skew older), while throwing in enough sacrificial younger workers to keep the age distributions looking right. Your summary seems consistent with this

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Post ID: @c9+1knm97wgh

35/6

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Post ID: @c8+1knm97wgh

51 / 29

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Post ID: @c7+1knm97wgh

31/7

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Post ID: @c6+1knm97wgh

62 at the time. Turned 63 at end of the 60 day non working notice. Will be paid up to my 64th birthday. Couldn’t be happier.

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Post ID: @c5+1knm97wgh

@c3

Based on the data provided from the 39 individual posts, here is the statistical breakdown:

Data Summary
Average Age: 40.88 years
Average Years of Service: 10.51 years
Age Range: 25 to 73 years old
Tenure Range: 1.5 to 38 years of service

Distribution by Age
GroupUnder 40: 21 people (53.8%)
40 and Over: 18 people (46.2%)
50 and Over: 8 people (20.5%)

Commentary on Age Discrimination
Based strictly on this sample, the evidence for systemic age discrimination (specifically targeting older workers) appears inconclusive and varied:

Wide Distribution
The layoffs affected a broad spectrum. Over half (53.8%) of the participants are under the age of 40, including several in their 20s with very low tenure (2-3 years). This suggests that youth or lower salary/tenure did not provide a "safe harbor".

High-Tenure Impact
While there is a significant group of younger workers, there is also a visible cluster of "lifers"—people with 20-38 years of service. For these individuals, the impact is often perceived as age discrimination because their higher salaries or pension eligibility might make them targets for cost-cutting.

Conflicting Anecdotes
The comments within the thread itself are contradictory. One user claimed "everyone under 50 on my team got got," while another complained that the company "kept the boomers."

Conclusion
The data shows a nearly even split between those under and over 40. While individual departments may have different patterns, this specific dataset suggests the layoffs were widespread across all age brackets and experience levels rather than focused solely on one demographic.

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Post ID: @c4+1knm97wgh

Is this going the way you expected OP? Which way was your agenda swinging that now, assuming the responses are truthful, has been debunked?

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Post ID: @c3+1knm97wgh

40 years old at the time and just shy of hitting 20 years with the company.

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Post ID: @c2+1knm97wgh

28/2

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Post ID: @c1+1knm97wgh

41/3

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Post ID: @bz+1knm97wgh

36/11

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Post ID: @by+1knm97wgh

50/23

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Post ID: @bx+1knm97wgh

40 years old, 19 years with First Union, Wachovia, Wells Fargo.

Less than one year shy of my 20 year anniversary. I was in shock, eventually realized that working for Wf was a prison sentence. Glad to be let go.

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Post ID: @bw+1knm97wgh

41/9

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Post ID: @bv+1knm97wgh

37, almost 6 years. Everyone under 50 on my team got got.

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Post ID: @bt+1knm97wgh

29/5

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Post ID: @bs+1knm97wgh

was 32/5 years exp

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Post ID: @br+1knm97wgh

30/6

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Post ID: @bq+1knm97wgh

49 w/26 years

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Post ID: @bp+1knm97wgh

26 years - 63 years old

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Post ID: @bn+1knm97wgh

36 at the time/8 yrs

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Post ID: @bm+1knm97wgh

38/12

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Post ID: @bk+1knm97wgh

39/ 7

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Post ID: @bh+1knm97wgh

43/7, but they kept the boomers sadly

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Post ID: @bg+1knm97wgh

31/6

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Post ID: @bf+1knm97wgh

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