Thread regarding Wells Fargo & Co. layoffs

Only 30? That is not a good reason to stay.

@1rma - oh puhleeze! Get over yourself.

Some of the people in thia chat are bashing a guy for wanting to be a good dad? Where do I work?!!

If you have the skills and the experience you don't have to 'start over' with PTO at a new company. I negotiated the max PTO at my new employer and it is more than I had after hitting 10 years at Wells.

previous poster, your right, I have only been here a few years but finding out its a dead end job. Tech and ICS are so far behind, I am definitely losing skills I had even 5 years ago due to all this nonsense work, not sure why its even being done. Anyways I have some other offers and making sure I take the best one this coming week as have a few more interviews.

In any case, you can also see the difference in stock prices, if you work for people to really get behind the company and be their best. Here it is like just be there shut up and do work that has no reason to be done, no benefit. I think the issue is the managers are not knowledgeable in these domains so they really have no idea what needs to be done, sending everything off track, not doing work that is important, but making up work that has no reason it is even being done.

To the “you only live once and you should excel and chase promotions” person, what are you even doing here? Long before Charlie got here, the Technology and ICS departments were known for good-but-not-great salaries, decent benefits, fairly chill management, and people not batting an eye if you took an hour off in the middle of the day for a bike ride, so long as you worked your eight (not ten) hours. The tradeoff is you aren’t working on latest/greatest tech and the tech promotion path was never great. If you’re ambitious and a real go-getter type, didn’t you get the memo?

Well sorry to pile on, guy who wrote originally wrote what was posted in the OP, didn't realize someone else posted that.

It's seriously deranged that there are people here desperate enough to say good things about their employer....on a layoff site, that they'd steal someone else's post for bootlicking propaganda.

@1lzt+1abQEoH2, anyone with talent and ambition are leaving this place. No one in their right mind would waste their life in a dead end job with no future. You my friend sound like one of the unskilled workers willing to do this, stay, waste you life and never live life to its potential.

Very sad to see someone do this as life is short and you only have so many opportunities to excel. Good luck, but you are wrong, I am moving on to a job which will be a promotion. I dont want to wake up one day at 80 years old and regret never following my passion and making an impact.

@1szd. True but I have the feeling you ain’t their employee.

@1wjy+1abQEoH2, are you kidding??? Most companies give you 100k of their stock on signing and you are 100% vested after 3-4 years. These stocks in these companies is work 2k to 4k per share, much more than the $30 stock here, which is pathetic. What benefit here is any different than any other company? Plus these other companies that are doing great even give more than the status quo, like one example I mentioned. The guy who posted this must be a teller or something.

Agree, too many people on here complain non stop and don’t appreciate what they have. Get to work everyone

When companies flourish, these types of benefits are designed to keep people for the long haul. When a company is hurting, they’ll take perks away. So don’t quit but also don’t do nothing because if they say you get cut, you’ll realize how out of touch you are with a different company. I know a couple ex-WF people working for different companies and they tell me it’s a completely different culture, speed, and attitude - almost opposite of WF

@1chz - you don’t need PTO you don’t even work. You are on Wells welfare.

@1chz.

• Working from home while we were raising our kids has allowed me to be a part of their lives, go to school events, donuts with dads, spelling bees, concerts, plays....

You do all this while working?

I'm the original poster of the "stolen" post from the other thread. I'm not the same person who posted it here, lol. I think it's funny that people even think that.

I'm actually surprised it got this much attention, as I pretty much said what others were already saying in that thread. It boils down to golden handcuffs, indeed, and the fact that I work to live, not live to work.

For the up and coming Elon Musk in this thread, more power to ya. If your idea of success is multiple kids from multiple women that you hardly have a relationship with then we aren't using the same criteria. Yes, Elon has accomplished amazing things (I have a Tesla and love it), but I have no interest in that type of success.

In my 20s and 30s, it was about conquering the world. Then marriage and kids came and my priorities shifted. It wasn't about me anymore. Working from home while we were raising our kids has allowed me to be a part of their lives, go to school events, donuts with dads, spelling bees, concerts, plays, and have an incredible relationship with them. If that makes me a settler, then sign me up!

So yes, I'm definitely comfortable in my current role. But guess what? I'm also extremely happy with my life, very low stress, make great money, and have no desire to make a change for the next best thing. At some point in your life you realize that constantly looking to the next promotion or job is not going to make you happy. When you have a good thing going, why rock the boat?

I'm not sure what's more ridiculous, people telling other people what the 'right' decision is regarding staying/going, or that they actually think the recipient of their opinion cares. Reality is that we all have decisions to make in our career and there is no single 'right answer', because each of us are in an entirely unique circumstance. As a result, I won't be so bold as to tell people what they should/shouldn't do.

Once you've been here 10 years, the PTO starts looking pretty decent compared to what you'd get starting over. I'd leave for a title promotion and a 10% raise and/or maybe a guarantee that I don't have to give up WFH, but not for a lateral move. You can kvetch all you want about settling and not challenging yourself, but at some point a Tech job is a Tech job and you just want the job not to get in the way of having a life. I felt differently when I was 25, and you'll probably feel differently when you're 50.

Charlie is doing the right thing. House cleaning.

Everybody’s so jealous. Half accuse the poster of bragging and the other half put him down for staying in a comfortable situation.

More power to him.

me's stole tha post

It’s probably from the regional service advisor siting post. It could’ve been out of sarcasm but the spotlight on useless roles at WF shouldn’t be overshadowed by arguments and name calling. We all know there’s duplication and futile roles and I think we all should be aware of these roles and see what WF dishes out in terms of efficiency cuts, etc

This is what’s known as “the golden handcuffs”

Whoever stole this post from another thread should apologize to the owner, dragging him into these useless debates. But I have the feeling the one who posted and the one who stole it are the same person LOL

@enz+1abQEoH2, why? cause this job is for losers, the people who never did anything with their life. Unless your an exec its not worth it as pay not high enough. Most places have 30 days pto, so its not like the thought of this themself.

Personally I have moved out of here to a larger bank and am exec now, have managers report to me. Why would I move? Thats why. Honestly the higher you move up the easier things get, not just in terms of compensation and benefits, but the workload becomes much easier.

You can stay here and do the spell check and grunt work, hope you dont get layed off as no one would hire you.

Let’s face it, the poster of this comment makes a very, very valid point. Why leave a gravy job that affords you 30 days of PTO, plus healthcare, retirement and the ability to work from home! It’s called ADULT Day Care with benefits... milk it for as long as you can...

i just want to know how someone can live a very short life and never take risks or see how far you can go. I want my children never to behave in this manner, people like Elon Musk and many other successful people had to take risks to get to where they are. If they do what Op does, they are complacent and have given it away.

Never want to wake up at 80 and feel like I have never taken a risk nor tried anything cause I was nervous or scared of failure. Successful people fail all the time at big goals/professional risks, they get up and do it again until they succeed. That is the type of person I want to be. Not someone who stays in a job running spell check and has some full time worker benefits and that is all I want to accomplish. Life is short and I plan to live it to the fullest.

me thinks this is me coworkers in icf

What id–t would be loyal as a post below is stating, they will throw you out when they feel like it, you need commitment to your family and friends not some company as they could care less about you or even if you work here. In fact, they prefer if you go so they dont have to pay you anymore.

Hope you have good family and friends, as your post sounds like your job is only thing in your life.

It’s all about if they can get a better deal elsewhere. Applied to both Wells and employees.

Post ID: @vuq+1abQEoH2

Uptick yourself 4 times? Another sign of your childishness.

@cum. It’s easy money. And most of all he can’t go anywhere else nor survive at another place.

Why stole this post? What is so good about it?

@uhu+1abQEoH2 Couldn’t agree more. It’s not just a choice between staying or leaving voluntarily. Speaking as someone with a good track record, who survived round after round of layoffs at multiple companies including WF — until my number was finally up there — no one is safe. And the biggest mistake you can make is to not prepare for the worst, while hoping for the best.

FYI if you assume you’ll never find comp and perks that rival WF.... you don’t know until you look. I thought I’d never find PTO as good as Wells’ but I got pretty darn close. Plus my new company has sick days that are separate from vacation. If you combine, it’s the same. And at my next promotion I’ll get 5 more vacation days.

If you prep to leave, even if you’d prefer to stay, you’ll know which companies offer competitive benefits and hopefully have more time to be selective and negotiate.

Post ID: @vuq+1abQEoH2

Take your childish thoughts elsewhere.

Lol OP is a good ole’ dog isn’t he? Faithful to the end - woof!

To each their own. I don’t know why any person would ask or care why someone else stays or goes. We all have different expectations and needs from our jobs/careers. If people are happy enough here, they should stay. If people want more, they should try to find it.

Employees should pay attention to the trends at WFC. The trend is a commitment to laying off a large % of the employees, the devaluation of jobs by sending them off shore, and shrinking the firm by selling off businesses. Their is 25% chance that you may not get the chance to stay even if you want to. So every employee should be preparing a Plan B.

OP- this is a lay off site. You are lost. Get a grip!

You should have posted this in the actually relevant thread, nobody cares so much that you needed an entirely new one about yourself to humblebrag.

Post ID: @swp+1abQEoH2

You want to make an impact? Have at it. Why do you feel the need to belittle other people because they don't share your lofty goals? I'm glad I don't know you. You sound like an a-hole. This is just a job. It's not your life.

This is the reason Wells needs to lay off the fat