Thread regarding Wells Fargo & Co. layoffs

Laid off? You didn't fail — the spreadsheet did

If you got the call this year, hear this: you didn't fail. A company that cut 65,000 jobs since 2019 and says AI will "bring headcount down more" didn't let you go because of your worth — it let you go because of its math.

Your skills and your work leave with you. The badge stays behind.

Take the severance, take a breath, and remember: plenty of ex-WF folks landed somewhere that pays better and respects them more. Some started businesses. Some finally took the break they needed.

The next chapter is yours to write, not theirs to approve. You've got this — and this board's got you.


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| 158 views | | 11 replies (last 15 days ago) | Reply
Post ID: @OP+1m5yvzy0v

11 replies (most recent on top)

@am You don't need to count the number of "it's not...". As soon as you see "—" you know it's AI.

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Post ID: @ek+1m5yvzy0v

@as said "making more and doing less"

Way to announce yourself, board troll.

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Post ID: @b9+1m5yvzy0v

@ar it's larger if you count US positions displaced and replaced with India resources. I haven't seen a precise number but if the headline number is 80k, it's pretty reasonable to assume the total US jobs destroyed by Wells is somewhere around 100k

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Post ID: @av+1m5yvzy0v

Yes a very tiny sliver of ex WF employees will end up somewhere making more and doing less. However the other 98% are gonna be taking a pay cut and arent going to enjoy their new realities at all. Theres a reason everyone stays at a company that they claim is a gulag and that reason is that nobody else pays so much while expecting so little.

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Post ID: @as+1m5yvzy0v

The actual number is 80k since August 2020 (started at 274k+ and is currently at 194k+)

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Post ID: @ar+1m5yvzy0v

@a3 there's at least four "it's not X it's Y" constructions in this, including the title. I'm not reflexively anti-AI I just don't see the point here. Leave that sh-t to useless management decks where it belongs

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Post ID: @am+1m5yvzy0v

@OP This is encouraging. However, the job market is extremely challenging right now. I was laid off about three months ago and have applied to more than 250 positions, tailoring my resume for each opportunity. Despite those efforts, I have had < 4 HR screenings for full-time roles and about 5 substantive interviews for contract positions. It is frustrating, but I remain hopeful. Good luck to everyone facing a similar situation, and if you are currently employed, be grateful and pray that your job remains secure during these uncertain times

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Post ID: @a8+1m5yvzy0v

The next chapter is yours to write...or prompt to a slop bot because you need attention from an anonymous layoff board

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Post ID: @a4+1m5yvzy0v

@a1 If you're convinced it's AI slop, why are you even commenting on it?

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Post ID: @a3+1m5yvzy0v

@OP Thank you for this! I needed to hear it. Displaced after 18 years this morning in WIM Compliance.

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Post ID: @a2+1m5yvzy0v

I really don't understand the point of these AI written posts on here. It's an anon board, there's no karma to farm. Kindly f*ck off

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Post ID: @a1+1m5yvzy0v

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