Thread regarding Wells Fargo & Co. layoffs

@njt+17vTewJ0 Stop whining

Internal surveys are useless. They are often used to create the impression of rigor/fairness to back up decisions that are already made without any rationale or are politically motivated. I don’t waste my time on any of them and I told my manager it a few years ago. She silently agreed.

Fine. I hope all of you "wishing " for a package gets one.

The whiner who keeps whining about whiners. The complainer who keeps complaining about those who complain. The miserable person who enjoys making others feel miserable.

Most people don’t like the traits in others that they don’t like about themselves. You reveal more about your insecurities with every post.

I think the ones who come here saying, "I hope it's me" should be ashamed.
You're a bunch of whiners and I am tired of reading your sh–.
Go on out there and see how much greener it is on the other side.
I have been unemployed before and it ain't fu and anyone who wishes for it. .. heaven help you.

Post ID: @umn+17vTewJ0

You need to come up with a new spiel. You are not an authentic honest voice with anything real to contribute. I hope others can see that it is you who is toxic. Someone who is so happy and positive and “above it all”, as you falsely portray yourself, should have something better to do with their time than shaming people. It is you who should be ashamed.

@ayo, whining and complaining and then thinking you're going to a better company is delusional.
With everything going on, I'm tired of reading the nonsense and especially as someone who has been out on the streets more than once.
It's a pandemic. That's not being wise at all! Yes, I want to stay but it's unlikely that I will and I don't want to lie and say I hope it happens to me.
Get out there and see how scary it is and when you do learn. see what another sh–hole you landed in.

The surveys are neither anonymous nor confidential. They know if you take it or not. If you do not you are considered “not a team player”. Take it. Answer as if you were Charlie’s son-in-law.

@unm. Why would people want to get laid off?

Severance.

For many people, they won't leave on their own, especially in the current environment. But, if you paid them to leave, then, well, ok.

Also, that frank talk with the manager isn't likely to work. It is likely to get you fired. The Company doesn't want to layoff someone that might be leaving anyway (save on severance). And, once you tip your hand, they'll be looking for cause to fire you.

As to the selection process. Thing is, people come in with one idea about what a group or the company is about. Then they get disillusioned when they find out how things actually work. This can take a couple of years, maybe five for straight out of school. So, I don't really put it all on the quote "whiners".

I find it ironic that we are being asked for information at a time when the company is communicating so incredibly little on their part.

We have been told nothing about the who/what/where/when/how of layoffs and cost cutting. We are all on a “need to know” basis. And apparently they don’t think you have a need or right to know about the safety of your future employment. They are arrogant enough to ask whether you plan on staying or not? It would be foolish to answer that question either way.

This isn’t a survey from your church, or your favorite restaurant. This is a survey from the people who are planning on cutting 25% of you. Treat it as such. Be smart. This new leadership has done absolutely nothing to earn your trust. There are times when it’s good to be enthusiastic, loyal, hopeful, giving and open. And there are times to keep your head down, don’t volunteer anything, and protect yourself. These are keep your head down and protect yourself days at Wells Fargo. Don’t volunteer anything.

@vrp, I agree but many comments are actually saying they want to get laid off. Why would you want that during a pandemic?
I don't understand the logic and people agree with it and disagree with people who want to stay. As if you won't get laid off somewhere else.
I say the ones who are hoping for one should have a nice, frank talk with their managers about how they can go immediately and save the ones who want to stay.
I honestly have never read a bunch of whining, miserable, complaining comments and still do nothing but gripe in all my life! Maybe that's why we have problems? Selection process should be more thorough!

@jsa: good point on answering if you’re leaving helping them more accurately determine how many to cut. Would think they could slice data by org or group; say risk. If they get back 10% planning on leaving soon that may guide them as to cutting a few less people. Just a thought.

Do say if you’re staying because it’ll make them freak out that much more LOL

The one comment that said they’re surprised attrition isn’t higher judging by complaining on the board:
1–the posts here are naturally skewed toward unhappy employees
2-B–ching and leaving are 2 waaaay different things in our current climate. We’re in the middle of a pandemic, with an approaching election, and slow hiring holidays are quickly approaching. Say what you want, but I suspect most people (happy or not) are going to cling to their paychecks in times like this. No one wants to be unemployed right now. Nothing wrong with looking of course (and you all should DEFINITELY be polishing up resumes and sending out feelers in your network!)

With some of these surveys, they've correlated NOT taking it with employees that leave the company in a shorter period of time than those that do take the survey. (Forget what the time figure was).

I used to be a "not taker". But now, I take the survey and answer like I'm in a really, really good mood and think the company is honky dory.

I figure, if they believe the survey results, that's their problem.

As someone said, no good comes out of telling the company negative things that the company probably ought to already know.

I don't trust it if they say it is "anonymous". "Confidential" is even worse, because that means HR and their 100 closest friends can find out exactly who you are.

Be warned.

Yes, fill it out honestly. They only go to a certain % everyone and if the participation is low, results are skewed. I’ve received them 3x this year; latest was last months.

If there is a question about if you want more emails around D&I Awareness Week make sure to select: Strongly want more emails

Answer it honestly.

If you're really planning to leave on your own, then just say so. You might save someone else's job if the bank waits for you to leave.

If you aren't planning to leave, just say so too. This will help the execs understand that they'll need to formulate a proactive plan for headcount reduction instead of this pointless holding pattern we're all in, where our productivity is in the toilet because why shouldn't it be if we're just getting laid off soon.

My “best friend at work” (survey joke) says to ignore them, that nothing good will come out of it for you and they might have a way to use something in it against you. So why take the risk? She’s more street smart than I am, so I lean more in her direction this year with the current environment of cost cutting, layoffs and an unknown CEO at the top who hasn’t yet established trust.

I filled them out in Tim Sloan days and I think we got some good things out of it like the extra holidays,
But times were different then. This is a whole new ballgame.

Generally, I have an attitude where I trust someone until they prove that I shouldn’t. But at work, under these circumstances and with Charlie at the helm, I only trust those who have proven I can trust them.

Not sure how random they are. In my 15 years, i’ve gotten one survey.

Embrace candor in your responses

The attrition numbers are lower than expected?
Judging from these posts, I would think that it would be higher with everyone bashing WF.

Are employees actually randomly selected?

@rxv, yes, that was one of the questions.

@Bojiden, I took it at another bank and I was brutally honest about my manager. I knew I was on the outs anyway so I didn't hold back.
I guess about three weeks later, I was shown the door.
It made no difference but I didn't regret letting them know what a pitbull she was.

I used to, but nothing ever changed and no one ever reached out to me to discuss my ideas.

Are they asking if you plan on leaving? Last go around they did & someone saying they were familiar with the survey’s MO says they were solely gauging what the expected attrition rate would be coming up. The attrition numbers are way way lower than expected.

Survey results are never anonymous. I'm not just throwing out some assumptive assertion; I work with HR and while they don't usually tap into employee name information as a BAU process when looking at survey results, they do have the ability as easy as asking for it from analytics. They typically look at demographic information on responders — tenure, job title, location, time in current role, etc. Make no mistake, they aren't anonymous. By working here, you give up any right to annonymity.
That all said, I'm not suggesting you should or shouldn't participate in the surveys. I have no reason or evidence to believe they ever use that information to retailiate against someone. That actually seems pretty unlikely in my opinion.....emphasis on that it's just my opinion.

Doesn't matter if anonymous or not. Fill it out and be honest. These survey results go up to the CEO.