Thread regarding Wells Fargo & Co. layoffs

Former employee here just hit up by a recruiter this morning for a 6-month gig as an RCSA Project Coordinator

Clearly I "Nope!"-d the he-l out of that opportunity. But it did make me think how unfortunate it is that management in its infinite wisdom, and out of sheer cruelty, axed the STAR program.

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| 2531 views | | 11 replies (last December 2, 2023) | Reply
Post ID: @OP+1pQC5Ffl

11 replies (most recent on top)

I have been displaced twice. And used the STAR program to continue my employment and save Wells the displacement cost. The old Wells Fargo had the STAR program to retain talent and offer continued employment for displaced staff. A smart and people oriented strategy for long term profitability. Wells has changed its strategy it is no longer a people focused company. Expense reduction at all cost appears to be the new strategy. The STAR program was an example of a strong people culture. Now we have this fake people culture as we tout all our diversity and inclusion efforts... In reality its still a bunch of white guys from New York running the show... and im a old white dude.

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Post ID: @2ebo+1pQC5Ffl

STAR was an amazing program that worked incredibly. When I managed a team I hired three people via the program. It had great positive feedback so Chuck ki-led it - we cannot have happy employees.

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Post ID: @1kct+1pQC5Ffl

Former tech employee here. What was the STAR program? Was it something to get Wells out of the cap restriction?

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Post ID: @1fya+1pQC5Ffl

sort of.. if you are on notice or severence and you apply for another job you cannot turn it down. Otherwise the only job you can be recalled to is the exact one you were laid off from. (otherwise its severance avoidance, a big no no)

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Post ID: @1est+1pQC5Ffl

If you are on severance you can turn it down. If you are in your 60/90 non working window you cannot as they have a right to call you back.

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Post ID: @1owa+1pQC5Ffl

Are we allowed to turn those down if on severance? Wonder if anyone’s called me. My vm is continuously being bombarded since they gave my personal info away upon layoff. I don’t answer any calls now.

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Post ID: @1oyu+1pQC5Ffl

What job were you in pre layoff?

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Post ID: @kcs+1pQC5Ffl

What was the pay? I’ve seen some offering less than I made before I left. Terrible job but it paid the bills for a while. Glad I moved on.

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Post ID: @liw+1pQC5Ffl

Regardless of Wells Fargo, that job itself would su-k.

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Post ID: @ula+1pQC5Ffl

"Thank you for the consideration but I'm in the habit of avoiding dumpster fires."

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Post ID: @uld+1pQC5Ffl

Yeah, ki-ling the STAR program was a load of S. At least we now know that the whole "we'd love to retain good talent..." lie was just that.

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Post ID: @oyd+1pQC5Ffl

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