Thread regarding Wells Fargo & Co. layoffs

And info?

Does anyone have any real dates as to when spans and layers changes and/or layoffs will happen? The company has done a great job (sarcasm) of putting it out there, but no real information. It would be nice to know already.

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| 3465 views | | 19 replies (last August 17, 2020) | Reply
Post ID: @OP+16rqjoa9

19 replies (most recent on top)

Folks, you are going to learn the hard way to take things with a grain of salt on this board. Few who really know what is going on is going to post here. Those who claim to be (and probably sometimes are) managers are making decisions on your livelihood and can’t even read a calendar. They are likely to survive a lay-off. Improve your skills, begin networking. Trust me on that and mostly trust and invest in yourselves and your skillset .

“I’m hearing the bigger notifications are going to be in October.”

” There is no September 31st. ”

” September 31st for my group. They’ll announce the news to the team on August 29th. ”

” Feb 30 2021 ”

” They’re right—Aug 25. ”

” John Galt, Correction, I did not mean to put OCT, I meant Aug. 25th ”

” October 25th is a Sunday. ”

2 days ago by John Galt | 5 reactions (+2/-3)
Post ID: @ynw+16rqjoa9

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Post ID: @3syw+16rqjoa9

This is painful. We’re going to fire lots of you. Soon. But we’ll keep you guessing.

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Post ID: @2gjb+16rqjoa9

@mzj what do you mean 3 heads in India and 2 heads in Manila for each move? does it mean for each u.s. employee that's getting laid off you will get 3 replacements in India for them?

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Post ID: @1plg+16rqjoa9

The 4th of Nevuary 2021...lol.

I don't think anyone here really knows. I think folks here was saying today, August 14, and it doesn't look like anything happened.

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Post ID: @1ahu+16rqjoa9

: @gyv+16rqjoa9 - what does this mean in plain English ? You are being fired on Aug 25 ?

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Post ID: @1icm+16rqjoa9

Got my warn notice today. Formal announcements on aug 25th. Auto

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Post ID: @gyv+16rqjoa9

What lob or division moving?

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Post ID: @bop+16rqjoa9

Aug 25th is right. My announcements are going out then. I get three heads in India for each move and two heads in Manila. Announcements go out aug 25 for first wave.

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Post ID: @mzj+16rqjoa9

There is no September 31st.

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Post ID: @imr+16rqjoa9

September 31st for my group. They’ll announce the news to the team on August 29th.

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Post ID: @mib+16rqjoa9

They’re right—Aug 25.

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Post ID: @yba+16rqjoa9

Feb 30 2021

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Post ID: @trq+16rqjoa9

October 25th is a Sunday?

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Post ID: @sjr+16rqjoa9

John Galt, Correction, I did not mean to put OCT, I meant Aug. 25th

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Post ID: @ynw+16rqjoa9

October 25th is a Sunday.

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Post ID: @yvd+16rqjoa9

Oct 25th, then rolling for three consecutive months. Have completed sheets that show who is going to India and Philippines and when . Spans collapse over those months for different orgs. Most of this was made to look like middle managers have some say. They did not. The higher ups had clearly made up their minds as to how many were being cut. In some case I have seen the vendettas of those they did not like being named as a cut. So on OCT 25th when these notices go out. Come back to this post and you will see that this is true. Some of my teams are starting to find this out and are looking.

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Post ID: @wfr+16rqjoa9

I’m hearing the bigger notifications are going to be in October.

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Post ID: @xvg+16rqjoa9

I'm a leader in commercial bank with 6 directs, my leader has 5 and I was given a warn notice this week. Nothing official but told to have a back up plan. My guess is mid-sept it will become official.

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Post ID: @zce+16rqjoa9

Nobody on here does

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Post ID: @chd+16rqjoa9

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