Thread regarding Wells Fargo & Co. layoffs

OWBPA

I was recently laid off (displaced). I’m over 40, and as part of the separation process I received an OWBPA disclosure/report listing the ages of employees included in the layoff group. Everyone listed in the report was also over 40.

I’m trying to understand whether this was an isolated situation involving my team or whether other teams experienced something similar.

For anyone who was laid-off and is comfortable sharing, were the employees selected for layoff on your team predominantly or exclusively 40+?

Did you receive an OWBPA disclosure/report, and if so, did the people listed appear to be 40+?

What business unit or general function were you in? (No names or identifying details needed.)

I’m not claiming that this establishes age discrimination, and I understand there can be legitimate business reasons for particular workforce decisions. I’m trying to determine whether there are similar experiences across different teams that might indicate a broader pattern.

Please avoid posting anyone’s names or other identifying information. If you experienced something similar, I’d appreciate hearing about it.


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| 254 views | | 18 replies (last September 30) | Reply
Post ID: @OP+1m3gjtdb9

18 replies (most recent on top)

@b6 same pay?

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Post ID: @rh+1m3gjtdb9

Broadcasting ages... I don't see how that would be any different than just handing out someone's personal information...but they do it.
Suddenly there isn't a problem with confidentiality.
If it's a small group being let go, someone easy deduce someone's age.

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Post ID: @qb+1m3gjtdb9

A little over 50% are over 40 yrs old so most layoffs will be 40+. Does WF discriminate? Probably. Does WF employ a lot of lawyers that know the law...and know how to get around it? Definitely.

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Post ID: @kp+1m3gjtdb9

Employees over 40 are likely more expensive.

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Post ID: @jw+1m3gjtdb9

When I was let go Aug 2025 after 32 years of service, everyone was over 50 except one 28 year old.

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Post ID: @jh+1m3gjtdb9

I was laid off back at the end of 2024 and the vast majority were over 40 years of age.

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Post ID: @hf+1m3gjtdb9

@OP mine was over 6 months ago but majority were also over 40 with one younger person thrown in there. Most were late 40s into 50s

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Post ID: @gx+1m3gjtdb9

Yeah it's a requirement to send this disclosure. They used to have an issue for not doing this years ago. Shocking right.

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Post ID: @gf+1m3gjtdb9

Yes, all over 40.

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Post ID: @gc+1m3gjtdb9

Yes - most over 40 - technology - displaced - 6/2025

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Post ID: @g9+1m3gjtdb9

Hire employment lawyer and sue them. File a claim with EEOC. Report WF to ICE and USCIS for replacing you with H1B.

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Post ID: @en+1m3gjtdb9

I got that report when laid off, almost everyone was over 40yo.

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Post ID: @dc+1m3gjtdb9

As evil is Shart is, he's not discriminating by age. He wants all the domestic employees gone. Old, young, doesn't matter. He'll tolerate sales people and a few others that arrived after him. Everyone else is a target.

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Post ID: @d2+1m3gjtdb9

List had everyone (from 27 to 60+

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Post ID: @ch+1m3gjtdb9

Over 50, I got rehired too...less salary, but enough. Last month in final wave rest of dept got canned 20s to mid 40s, only a few remained after that. Thanks AI.

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Post ID: @cb+1m3gjtdb9

Average age at Wells Fargo is probably over 40. Bank is for boomers by boomers

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Post ID: @ca+1m3gjtdb9

Same

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Post ID: @bx+1m3gjtdb9

Yes, it happened for me. The list had everyone over 45 in fact. This was in Banking. But I got re-hired very soon in another department. Still here.

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Post ID: @b6+1m3gjtdb9

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