Thread regarding Wells Fargo & Co. layoffs

Mass Firings?

Mid-year performance reviews are done with the new stacked rankings structure putting 10% of the workforce below “meets expectations”. So, when do we expect the mass firings to begin?

#Performance #PerformanceReview #StackRanking #WorkforceReduction
by Anonymous
| 7 views | | 5 replies (last 1 hour ago) | Reply
Post ID: @OP+1kyd61bck
Comment! It's anonymous!

5 replies (most recent on top)

@c3 I also was told 20% supposed to get below meets. Also was told that meet at mid-year does not guarantees the same rating at year-end.

by Anonymous
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Post ID: @ea+1kyd61bck

I was told 20% mandatory

by Anonymous
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Post ID: @c3+1kyd61bck

@bj the plan is that 30% will be below “meets”.

by Anonymous
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Post ID: @bm+1kyd61bck

I was told 35% would be IM

by Anonymous
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Post ID: @bj+1kyd61bck

they began last year, fourth quarter. where have you been?

by Anonymous
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Post ID: @ar+1kyd61bck

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