Thread regarding Wells Fargo & Co. layoffs

What is the severance as of December to January 2024 ?

I see alot of people talking about severance but how does the lay process work now?

  • Like they lay you off you get one week or two for every year of employment ?
  • does it start after 60 days ?
  • if you were paid tuition reimbursement do you need to pay that back and how is it in payments or one lump sum?

Just wondering how that process works. Saving and hoping for the best but I want to prepare for the worst.

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| 1182 views | | 6 replies (last March 2, 2024) | Reply
Post ID: @OP+1rkn9dJh

6 replies (most recent on top)

Last section in benefits book, it hasn’t changed in years.

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Post ID: @1odn+1rkn9dJh

Severance starts after the 60 day notice period.
There is a displacement number you'd be able to call with further questions.
Don't take severance as a lump sum as it's taxed higher.

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Post ID: @wev+1rkn9dJh

F F S

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Post ID: @xsm+1rkn9dJh

Doesn't anybody read the f**king benefits book?

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Post ID: @nzr+1rkn9dJh

Tell me you're a millennial without telling me you're a millennial.

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Post ID: @yyf+1rkn9dJh

read the benefits book.

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Post ID: @eob+1rkn9dJh

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