Thread regarding Wells Fargo & Co. layoffs

My manager threatened me

My manager said I will be given bad review mid year. He said I never listened to what he said. What should I do?

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| 3011 views | | 60 replies (last May 13, 2024) | Reply
Post ID: @OP+1squMka6

60 replies (most recent on top)

Join the dark side by kissing your boss’s a-s to save your job.

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Post ID: @5rov+1squMka6

You should look for a new job. WF is laying off 1000+ workers every month, and has been doing so for two years or so at this point. Your manager is honestly doing you a favor for giving you heads up, as I certainly received none, and in general nobody else is getting heads up that their manager put them on the disposal list.

I'm not being sarcastic or cruel, it's a genuine benefit for you to have been given heads-up that you're getting laid off. Just quietly do your job as expected of you while you start looking for a new one.

If you do get laid off, just be aware that you can't start a new job during the 60-day notice period. You can start looking for a new job, but you need to let the companies know that you can't start until day 61 after they day of your layoff (typically the 60-day mark is a payday Friday).

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Post ID: @5hfc+1squMka6

Yes, Fire all the managers. Fire em all. BWAHAHAHA!!!

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Post ID: @2wnl+1squMka6

Fire em all

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Post ID: @2dzm+1squMka6

@1srz+1squMka6
"One of my colleagues is a psychology major who used to work at a law enforcement office, and provided me with this observation at Wells Fargo."

A psych major? BWAHAHAHA!!!

Stop the presses, the only way to understand WF is to ask a psych major. Because, after all, they are the only discipline that can figure out how the company works.

I think you have a serious problem. You can't think for yourself.

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Post ID: @1wxz+1squMka6

@1hgc+1squMka6

...Said it best.

This is all you need to know.
Now watch and see how many downvotes this gets.

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Post ID: @1gwe+1squMka6

Do they have professional management training?

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Post ID: @1jio+1squMka6

All of the EMs in my LOB are a bunch of street gangsters. They come from noname southernasian universities. They behave unprofessionally for a reason.

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Post ID: @1ilo+1squMka6

@1qwn+1squMka6, 1 year ago, some of us on the same team were abused by a couple of mid-level managers. So I filed a complaint on their behalf and sent all the evidences to Ethics Line. But because our managers had a close political connection to a very senior executives of the division, they somehow convinced the Ethics Line guy to drop the abuse case. It didn't work. I am surprised that your case worked.

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Post ID: @1ela+1squMka6

Name and shame is the answer.

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Post ID: @1fwj+1squMka6

Keep a folder in your three yr emails and label it something like “evidence”. Then if an issue happens you can pull from it. BSF a mgr try to pin two fails on me in august once. I quickly produced emails fr them showing the projects that failed had been moved off me by them. Silence ensued and no low rating followed. Ask for specifics and track like this.

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Post ID: @1qwn+1squMka6

Your manager is setting you up for layoffs.

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Post ID: @1zwj+1squMka6

@1zai+1squMka6, Don't worry, customers have been already smelling the rot in the past several years.

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Post ID: @1xag+1squMka6

Wellsfargo always do the opposite. Other companies are firing managers and scrum masters in contrast WF invests heavily on them.

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Post ID: @1znk+1squMka6

Wells Fargo and leadership is rotting from the inside out. Just a matter of time before customers start to smell the rot.

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Post ID: @1zai+1squMka6

@1zdm+1squMka6, look who's talking? You must be one of the insecure low level managers.

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Post ID: @1rbn+1squMka6

Look how fired up the Troll got you guys.

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Post ID: @1zdm+1squMka6

So many folks stood up here against managers you can tell how bad this company is.

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Post ID: @1nig+1squMka6

I can tell you no matter what you do - communicating, documenting, goal setting, nothing will work now in the layoffs environment. Working hard and su-king up with your manager worked in the past when Wells had generous budget but not anymore. All the managers have no money, all they would do is to gaslight you for working harder for free. When it comes to selecting poor souls for layoffs your manager will betray you. As other said - NEVER TRUST YOUR MANAGER!

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Post ID: @1lha+1squMka6

@vim+1squMka6, I think you perfectly described the situation here.

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Post ID: @1bgk+1squMka6

You know why your manager threatened you? It’s because they have to put someone on Performance Improvement Plan and you are the one. You are being displaced. Many managers changed tone all of sudden recently due to layoffs.

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Post ID: @1cnm+1squMka6

Wells will fail because Wells don’t value and respect individual contributors. It’s time to fight back. The corrupt management has no place.

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Post ID: @1dtw+1squMka6

Many WF managers are bad people that act like good people. Do not trust them, they are psychopaths who are very good at acting. If you are being careless, before you know it, they will have thrown you under the bus. One of my colleagues is a psychology major who used to work at a law enforcement office, and provided me with this observation at Wells Fargo.

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Post ID: @1srz+1squMka6

@1wid+1squMka6, I agree. Wells Fargo is top heavy with too many layers of unnecessary managers who do nothing. The bank can save a lot of money by firing those dead weight managers.

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Post ID: @1omn+1squMka6

There are few posts here that give good advice like communicate, levels set, get feedback. But they are all down voted. And then ridiculous advice that will lead OP to lose his job like "your manager is terrible, all managers are terrible" are all green and upvoted.

Says a lot about why WF is in this shape.

Start looking in the mirror and do a self assessment first.

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Post ID: @1hgc+1squMka6

Cashier who think she miss thing threatened me too. She try to charge me full price for my loaded fiesta tots when they was posed to be half price. Don't allow these discriminations and threats to keep you from enjoying your RTO amenity. I be come up there and enjoy the tots e'rrr week. Please accept this as my formal EEOC complaint and mail in ballot for Jesse Jackson for president. Have a bless day.

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Post ID: @1rpx+1squMka6

I think I started seeing the real problem here. The real problem is that Wells Fargo has way too many managers that are incompetent, dishonest, toxic and useless. These non-value adding managers are being overpaid and wasting the company's financial resources. The first place Wells Fargo should look in to improve efficiency is the top heavy management areas, and these unnecessary management positions need to be eliminated.

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Post ID: @1wid+1squMka6

What should I do, what should I do?
OP,
Obviously your new and your lack of wisdom here is revealing.
Work with your manager. Get specifics on what he is talking about. Is he right? Did you NOT listen to what he said or did you interpret it as noise as 80% of most WF folks do. You should be documenting your accomplishments and value anyway. Make an argument and be prepared for an Inconsistently Meets.
Remember, they need to plug some people regardless of value into the IM category. And if they do, then he has to work with you on a plan to get you to a meets. That probably won't happen because it is easier to satisfy the metric on headcount reductions.

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Post ID: @1tar+1squMka6

They do that always. They manage in “Goodfellas” fashion. They are mob, indi@ mob.

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Post ID: @1pqg+1squMka6

More #wellsfargoshitshow to get US workers out and replace with Indian workers at 1/4 the cost.

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Post ID: @1bme+1squMka6

Threatened? Sounds like they managed expectations.

Have 1:1’s, get expectations in writing, deliver said expectations, up skill, add quantifiable value to the team.

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Post ID: @1egv+1squMka6

My engineering manager who has been at Wells for 20 years threaten me too.

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Post ID: @1mhl+1squMka6

The managers here are disgusting and if you have an ounce of respect for yourself you will find an employment attorney and prove your point. If you do not learn how to do that here you will have to deal with it again down the road in a different org. My manager did a lot of unethical things that led to several investigations and many team members losing their roles. They were coerced to follow managements plans of pure sabotage. It failed and they all lost their jobs. I did my research and had a valid case related to retaliation. You do the same before this place assumes the narrative. Ultimately that manager was finally let go, laid off, or asked to leave. I'm glad I left a sh-t stain on their file and karma is served. Treat people better and give them the idea that at the end of the damn day to follow the law. They want really inexperienced people or people who are scared of their managers to work here. Find green pastures elsewhere. And know it's okay to think individually.

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Post ID: @1qgq+1squMka6

Can you eliminate the problem by deading yourself?

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Post ID: @1aij+1squMka6

You need to find a new job because you are about to be laid off and possibly without severance since your manager is saying you are not competent. Your manager is setting the stage for getting rid of you. WF HR turns a blind eye to this kind of management behavior.

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Post ID: @1egq+1squMka6

Sounds less like a threat and more like he’s warning you what your midyear rating will be 2 months in advance, and then 80% chance your year end rating will be same. Take the warning, get a new job and don’t take the bonus cut. Whether it’s warranted or not doesn’t even matter unless you are going to go to HR.

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Post ID: @1wsn+1squMka6

@1uww+1squMka6, I concur. This is the best post so far.

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Post ID: @1pvh+1squMka6

Well, if WF managers continue to play dirty games, trying to set up employees to fail, so should we. We should try to set up bad managers to fail and sc--w them! It's a war!

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Post ID: @1uww+1squMka6

Corporations do not cut managers, they replace workers by cutting them.

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Post ID: @1zqw+1squMka6

Wellsfargo will never cut incompetent managers. Managers will continue abusing staff employees. Managers will continue pointing fingers and find scapegoats.

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Post ID: @1dvn+1squMka6

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