Thread regarding Wells Fargo & Co. layoffs

On the chopping board

My engineering manager warned me that I will be let go soon. What should I do now?


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| 12 views | | 19 replies (last 4 days ago) | Reply
Post ID: @OP+1m2rqx0wx

19 replies (most recent on top)

@OP
You really have to ask ..What should you do?
Looks like WF made the right decision. Your too Stoopid to stay empoyed.

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Post ID: @pm+1m2rqx0wx

most likely lay off with package. great

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Post ID: @fh+1m2rqx0wx

In minneapolis they gave out cutting boards for employee appreciation, no joke. i would suggest pulling that out to be prepared.

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Post ID: @dz+1m2rqx0wx

To get pre-notice of notice is great. And maybe it’s even a verbal heads up about a pre-notice

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Post ID: @dx+1m2rqx0wx

Similar thing happened to me in 2025. Displaced with a year’s severance. Found a gig through my network about 3 months in and double-dipped remaining time. Work at Huntington Bank here in Charlotte. Fantastic place, so take a look.

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Post ID: @dv+1m2rqx0wx

@OP update your resume if you haven't already. I tend to keep my resume current and ready to go at all times just in case. Start posting on job boards (Indeed, Monster, etc.). You minght want to change your LinkedIn to show "Open for Work" since mgmt has already notified you.

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Post ID: @d6+1m2rqx0wx

@OP
Sell your house, your car.
Start auctioning off your other stuff you over extended yourself on to pay off your credit cards.
Start to love Ramen and Ketchup.
Get a bus pass.
Start networking at Walmart.

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Post ID: @cv+1m2rqx0wx

Save all your pto, when you leave the company is the only time you can sell it back. Take advantage.

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Post ID: @b3+1m2rqx0wx

Somehow, get all documentation regarding your performance off of Wells Fargo systems and in your hands. In case they play games, you have a paper trail

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Post ID: @ay+1m2rqx0wx

Start looking to revitalize your network now. It can sometimes take some time for an opportunity to turn up

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Post ID: @aw+1m2rqx0wx

Wow that's awesome. Not only do you get a package, but your manager gave you a heads up. That's as good as it gets.

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Post ID: @av+1m2rqx0wx

The phrase is "chopping block", not "chopping board".

When chopping wood, an AXE and chopping BLOCK is used, not a kitchen kn--e on a cutting/chopping board.

Hence the associated terms regarding getting fired or laid off from a job:
"An axe hanging over his head"
"Waiting for the axe to fall"
"Getting the axe"
"Axed"

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Post ID: @at+1m2rqx0wx

Halt all discretionary spending and reassess your current monthly expenses, especially subscriptions, entertainment, and travel. Not saying to cancel everything,but now is the time to take a critical look at what's a want vs a need. Dollars saved now will be a lifeline later

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Post ID: @ap+1m2rqx0wx

What made your engineering manager think you would be let go soon?

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Post ID: @af+1m2rqx0wx

Save every single penny you can. You could literally be looking for work or working something that su-ks temporarily for a few years before you find a great gig. Cut expenses to the bone, save and make sure you don't do anything to jeopardize either your severance or your unemployment benefits.

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Post ID: @ac+1m2rqx0wx

Celebrate! In all seriousness though, take a good look at your run rate for bills every month and see how long your savings will last. Then start applying for any job that looks interesting. And save as much as possible until the bottom falls out. Living is expensive.

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Post ID: @ab+1m2rqx0wx

@OP same thing I'm doing, finding as much daily work as needed to stay employed until the severance call materializes. I used my spare PTO until that date (mgr gave me the heads up) to not work more than 3 days in a week until then.

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Post ID: @aa+1m2rqx0wx

Start looking or a new job

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Post ID: @a4+1m2rqx0wx

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