Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Thanks for the info on this site - parting thoughts

Yesterday I was laid off. I actually am glad this happened because I was ready to quit even without another job - I hated this job and this company that much - the worst in my career. The role and the company were far different than I understood when... — read more 

Tuesday update

At least 59 people in Technology(from their notice)...from various locations... do not know the group composition but lot of Analyst, technical lead, and engineers. Heard this is first of many to come... stay tight.

Severance

What's is the criteria for offering severance vs not? Will a rating of 1 in the yearly review disqualify you from severance? ( No PIP)

Which departure category ???

Group has had lots of departures in the last couple of weeks. We’ve had some people just let go with no severance some people let go with severance due to job type, such as technology and some people let go due to relocation strategy. Seems like... — read more 

downtown Greensboro NC

Any word on the downtown Greensboro NC office/tower? anything going on there? anyone left?

California

Anyone heard about the Covina office? Everyone laid off in conduct management.

Charlie playing with our medical plans

Anyone else have their life completely destroyed because of Charlie playing with our medical plans. I had my meds changed and its caused my life to turn upside down. I've had to take tons of time off finding new doctors, having my medicines changed... — read more 

Anyone else just mentally checked out?

Layoffs have been a regular occurrence and constant threat since 2021, with those that remain expected to pick up the slack. Raises and bonuses are pathetic. RTO has been absolutely miserable and waste of time. Jobs are constantly outsourced to... — read more 

Unemployment

Does anyone know if you can collect unemployment after your severance period?

Pre notice

Is it better to get a pre notice you’re going to be displaced. Or just get the notice.

Displacement Process?

Just got hit this morning, trying to figure out this process as the 14 PDFs they sent via their offboarding portal doesn't have sh-t common sense wise. Can someone advise? What I understand: I get 60 days as a displaced team member I will... — read more 

Global Tech Town Hall

TK wearing her ringmaster jacket trying to look like she is in charge of a circus. Or perhaps she is channeling Michael Jackson?

What do we know so far?

Can people please share, if nothing else, BDs where layoffs have started? It's hard to believe that only a single person has been laid off so far.

Stop the gaslighting propaganda

No, I won’t ‘love the well life’ when my job is threatened to be replaced by India and I have to drive past two locations to get to my assigned location. This company is tone deaf.

It is starting...

Not sure how many layoffs will happen today, but they got me already this morning - in enterprise architecture.

Layoffs will not let up anytime soon

Layoffs have been ongoing pretty much through 2023 (typically the Tuesday after payday) and doesn’t seem that they will let up anytime soon. As to co-location displacements, from a tech perspective, wave 1, aimed at remote resources, is 2nd quarter... — read more 

I'm a mess

I can't afford to get laid off right now. I can't afford to lose my medical coverage. It's not an option for me right now. Not to mention, I think the job market hasn't been worse in years. Who knows how long it would take me to find a new job. I'm... — read more 

Manager getting laid off, likely

It cracks my a-s up, that you’re gonna give me a “meets inconsistently” after leave for surgery, never got a bad rating after 28 years, but now! I took on coding and wasn’t getting paid for it and did major projects, but he told me that I just... — read more 

I❤️RTO/Location Strategy

some of the best moments of my career were when I was in the same office with my entire team. lots of comradery and lots of career growth. I'm hopeful that getting people into the office and co located will bring some of this back.

I’ll go nuts from anxiety

We are constantly under threat of layoffs. Also, we are constantly being jerked around with RTOs, location strategy, cuts and reorgs. Then you have a week like this, when worrying and panic go through the roof because of the uncertainty and tension... — read more 

Signs…

Are there any signs or anything you can check before a layoff? Or does your manager just push a button after your meeting and you are locked out of everything and become homeless

TK town hall tmrw

Does anyone honestly believe we will find anything out tomorrow? I am sure they will just string us along and not give us any answers whatsoever regarding our own positions.

So many question surround Risk

When do the layoffs begin? Why are there disproportionately high number of sr managers, directors, and senior execs? What’s the location strategy? Why can’t we be at least as effective in managing operational risk as our peers? Why is there such high... — read more 

New villain

One thing w all the location strategy posts, people have stopped complaining about RTO.

Update today 3/4

So are there mass layoffs this week or not? What's going on?

System access after getting laid off?

The company used to have 30 day working/30 day non-working when laid off. Now you're gone the same day. How does access to 401k etc. work after you're removed from access? I'd think your displacement packet would have key numbers for say 401k... — read more 

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