Thread regarding Wells Fargo & Co. layoffs

Location Strategy Q&A

Yay another meeting where we will learn nothing...

by
| 1899 views | | 11 replies (last March 14, 2024) | Reply
Post ID: @OP+1rwpth7W

11 replies (most recent on top)

most interesting will be to see if relocation packages are offered/not offered when multiple people in different location on the same scrum team are affected

by
| | Reply
Post ID: @1rym+1rwpth7W

@1gyg

It's slow because they want people to quit and giving up the severance. They know those who have long tenured would stay, but there more who leave would be money saved for the bank.

by
| | Reply
Post ID: @1lxv+1rwpth7W

This is all way too slow. Does anyone believe they will gain anything by taking so long? It’s not like they are actually concerned about knowledge transfer, so rip off the bandaid and move on. Btw, I am remote, not in hub location and not in wave 1 , so I’m bummed.

by
| | Reply
Post ID: @1gyg+1rwpth7W

Maybe they will introduce a wave ver. 1.2.

by
| | Reply
Post ID: @1hdx+1rwpth7W

It should start this month. 60 days warning, employee but kicked off network. Then getting our butts kicked out the door in April. That lines up with Q2 layoff. Buckle up kids.

by
| | Reply
Post ID: @1mfo+1rwpth7W

Wave 2 starting in April

by
| | Reply
Post ID: @gax+1rwpth7W

what they mean is people who are going to be affected in wave 1 have been notified now. they will then receive more information sometime in may.

by
| | Reply
Post ID: @rpn+1rwpth7W

@syp+1rwpth7W

Isn’t wave 1 supposed to start Q2?

by
| | Reply
Post ID: @tbh+1rwpth7W

Wave1 is now, when is Wave2?

by
| | Reply
Post ID: @syp+1rwpth7W

If all remote are chopped in wave 1, my team is sc--wed. And it will directly impact the new data centers effort.

by
| | Reply
Post ID: @nme+1rwpth7W

Some other folks I work around in tech went to the meeting for their area a few weeks ago….wave 1: remote workers, wave 2: locs w/less than 15 tech resources, additional waves hit locs based on # of resources from lowest to highest until all non-hub locs are wrapped up. Beyond going over what’s already been comm (displacement,reloc,exception scenarios) that’s about all that was covered.

by
| | Reply
Post ID: @lmg+1rwpth7W

Post a reply

: