Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Service Managers

After hearing about Assistant Manager layoffs, one can only imagine service managers are next in line. I saw in a previous thread that someone believes SM1 will be let go due to less traffic/low level branches. Any additional thoughts/info?

Displacement benefits

Am I reading correctly about medical/dental benefits. They will be exactly the same during the notice period and the continued pay? Also, I couldn't find anything about the Wellsness dollars. Does anyone know anything about it?

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| 1320 views | | 3 replies (last December 9, 2020)
Post ID: @OP+18jI3rIl

DEI post archived - interesting

Interesting that discussion thread was locked. It was good conversation. Interesting and makes you wonder about this site.

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| 1003 views | | 3 replies (last December 10, 2020)
Post ID: @OP+18j4LhU9

Severance Pay for hourly TMs

Do you know if hourly employees will get paid based on a 40 hour week? Are we still getting our small bonus in February?

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| 1273 views | | 2 replies (last December 8, 2020)
Post ID: @OP+18jVX9zF

So can we sue?

Just asking. We can all get together and make it one big lawsuit.

On Leave

Was anyone laid off while on leave? Paid/unpaid leave. Does the 60 day notice/pay continuation differ for us then if you were at work?

Timesheet

Do i need to do anything on my timesheet to get continuous pay? I didnt even compleye mine on the day of the pink slip lol

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| 1250 views | | 2 replies (last December 7, 2020)
Post ID: @OP+18i5riyy

You have to be kidding me!

I've literally been on hold for the last 6 hours trying to modify my deductions for the next 60 days to garner as much financially as I can while keeping heath benefits. I was able to cash out my 401K but couldn't get into Teamworks at home and after... — read more 

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| 2990 views | | 8 replies (last December 8, 2020)
Post ID: @OP+18ivFFaX

DE&I

Let me preface by saying I truly believe in diversity and inclusion. With that said, I think we've done a good job overall with some areas needing more representative statistics. To me the issues are really at the senior level and yet "leadership"... — read more 

How the hell would WF know

I have something lined up, I had a feeling the day they would lay people off would be coming soon, and I was right. Luckily for me I applied to another company in November and I got a job offer last week. Waiting to do a few things before it’s... — read more 

CCRG

Word is it’s going to be gone from Frederick

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| 3060 views | | 7 replies (last December 7, 2020)
Post ID: @OP+18iHPmqT

Layoff 60 day pay

Instead of being paid like every other week, i just need a lump sum. Can i edit this papers, sign and send back? So the full cash amount is put in the next pay date. Also does this affect benefits?

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| 2290 views | | 8 replies (last December 9, 2020)
Post ID: @OP+18hUwZzV

60 day notice

I just need clarification on that- can we look and accept a position and start after the notice period ends or we cannot accept a position at all till after the notice period? Thanks guys! We are on to better things.

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| 1400 views | | 1 reply (December 6, 2020)
Post ID: @OP+18hWpHWM

"Severance Package"

The way this company is going about cutting cord is ridiculous. I've examined and spoke to previous employees of companies that have done layoffs the past 10 years like Capital One, Bank of America & Chase. None of their severance packages are tying... — read more 

What happens to the unused pto hours?

Does anybody know? And once we sign electronically thats it? Man i sure have a lot of questions now lol but dumbed out while the mngr was reading me the memo

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| 2400 views | | 9 replies (last December 8, 2020)
Post ID: @OP+18h31gqz

Question on severance package

Does anyone know if you can just get a lump sum pay out instead of waiting the x amount of time? I’m going over the stupid package and I thought I read something about that. Let me know. Thanks

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| 1640 views | | 4 replies (last December 6, 2020)
Post ID: @OP+18hq6uWH

HELP

Was anyone laid off while on PTO? I go back this upcoming week and am wondering if I’ll just be walking in only to get the news I have been let go. :(

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| 1930 views | | 8 replies (last December 6, 2020)
Post ID: @OP+18hH1LLK

Severance Package

Received the email for my package today. Does anyone know what we're supposed to put in for out time tracker (for those that were staying home high risk quarantine)

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| 1950 views | | 8 replies (last December 9, 2020)
Post ID: @OP+18hWDc0Z

Displacement severance.

I was ‘displaced’ yesterday with the only explanation that it was a business decision, it was assured to me that there was no way it was based off the activities cause I performed above the ones who stayed. There is no way it was based off senority... — read more 

The package

Im trying to understand how im gonna get paid. Is the 60 day notice period paid? Im confused about the notice period and salary continuation leave. My head is not functioning right now since yesterday and my mngr didnt explain everything very well... — read more 

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| 2250 views | | 5 replies (last December 7, 2020)
Post ID: @OP+18gvlpkj

Why haven’t the December 3rd Layoffs hit the news yet?

I’m completely shocked as to why this hasn’t hit the news yet? During a pandemic, right before the holidays here goes Wells Fargo laying off its front line workers that reported to work during this whole time? These were the workers exposing... — read more 

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| 5420 views | | 27 replies (last December 7, 2020)
Post ID: @OP+18gJ41nf

ACS Coaches (retail banking)

I think it stands for affluent customer segment. What do these people do for the bank? I've met several but still don't understand why the position exists... Not trying to sound insensitive or anything. I really want to know if they are adding... — read more 

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| 1800 views | | 4 replies (last December 6, 2020)
Post ID: @OP+18gBpF8J

Ratings and layoffs

Are the folks that are getting laid off rated 2's or lower (even if not warranted), during this past mid-year review? Or is it across the board, when it comes to ratings?

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