Thread regarding Wells Fargo & Co. layoffs

WARN notices

Is WF even reporting these? There's a ton of WF 60-day notices happening in my state and I don't see a single Wells Fargo WARN published.

Is CS toying the rules again?

by
| 1461 views | | 13 replies (last April 1, 2024) | Reply
Post ID: @OP+1rLf8vwR

13 replies (most recent on top)

WARN notices being published is the responsibility of the state, not WF.

All WARN requires is that a company give 60 days of notice prior to terminating employment for any site where 50 or more people will be displaced. Everyone who is displaced at WF gets 60 days notice. WF actually overreports to to the states, because even displacements of less than 50 are reported.

The history of WARN: this legislation was a result of steel plant closures in one-company towns. people would show up to work at the plant and find it closed, and everyone instantaneously out of work, without pay, and no alternatives for employment.

by
| | Reply
Post ID: @4qsm+1rLf8vwR

I found out when I applied for an employment that even though I received a lengthy severance for what I thought was being laid off, it was reported to our state workforce development that I was discharged. The definition of being discharged is your job was replaced by somebody else. My job function went to india.

by
| | Reply
Post ID: @3mue+1rLf8vwR

Like @zyi+1rLf8vwR said, the 60 non-working gets around the requirement. And, most states only require a notice when 100+ are laid off from a specific location. Last one I saw was for Richland, SC that was posted last year and I believe their last day is in June 2024.

As an added FYI, next big round of layoffs will be in May. Certain managers have been letting the info slip that they will do doing spans & layers again then round one of laying off remote folks and those not within the 40 mile from their LOB growth/maintain/specialty markets. Each of these will probably not be enough to require a WARN notice.

by
| | Reply
Post ID: @1nvg+1rLf8vwR

This has been mentioned here several times. The 60 day non-working notice complies with the WARN notice. You are not going to see WARN notices filed for those given a 60 day non-working notice, which is the majority of people laid off.

by
| | Reply
Post ID: @zyi+1rLf8vwR

Pretty sure it's a state issue. All you have to do to see Iowa's Warn Notifications is google: "Iowa Warn Notification". Click on "Visualization: WARN Notification Issued in Iowa" and it will take you to a list and a state map showing where the notifications came from. Iowa has been posting them around 48-96 hours after the notification is sent (usually Thursday or Friday of the same week the layoff occurs).

by
| | Reply
Post ID: @qxy+1rLf8vwR

Trolls stop lying. No one is being laid off.

by
| | Reply
Post ID: @ftf+1rLf8vwR

Yes CS is toying the rules again.

by
| | Reply
Post ID: @dow+1rLf8vwR

I haven't seen them in my state either, even though I know there have been layoffs.

by
| | Reply
Post ID: @ele+1rLf8vwR

It depends on the particular state. WF does file them, but you won’t see them until your state posts them. I’ve checked our state and at times they can delay posting them for a month or more.

by
| | Reply
Post ID: @byo+1rLf8vwR

If the employers continue to pay you for at least 60 days, no warn violation has occured.

by
| | Reply
Post ID: @qqt+1rLf8vwR

Spot on

by
| | Reply
Post ID: @fue+1rLf8vwR

They very intentionally structures layoffs to not trigger them. It's how they laid off 12k people last year and only published a few small scale WNs.

by
| | Reply
Post ID: @vaz+1rLf8vwR

Post a reply

: