Thread regarding Wells Fargo & Co. layoffs

I'm this close to leaving

I have a really good job offer and I could be out of here in three weeks. And despite everything, I'm hesitating. It happened to me before that I've been told one thing about a job in an interview and then when I started working it was something completely different. Needless to say had I known, I wouldn't have accepted the offer. Now I'm worried it might happen again and I might simply end up jumping out of the frying pan into the fire. But then again, can it really be worse than here?

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| 2667 views | | 20 replies (last November 4, 2020) | Reply
Post ID: @OP+17KntAd1

20 replies (most recent on top)

Agree with everyone and I’ll add this. If that new company isn’t on listed in this forum and their Glassdoor posts / ratings aren’t too fabricated then leave. As others said, you can always return once the restructuring is over.

I don’t know about others here, I never really “loved” any of my past roles per se, I simply tolerated it. In terms of overall job satisfaction, people and culture has always contributed the most in terms of me actually “loving” a job. So if you like your hiring manager and your future colleagues seem cool then consider this in your decision process.

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Post ID: @1ikn+17KntAd1

you have to do your due diligence on the place. don't only take what HR and the hiring manager have told you. Ask to speak with some peers to your new role. Ask them what a typical day is like. Ask them what got them to join the company and what keeps them there. Ask them how they would describe the culture. There are no right or wrong answers necessarily, but if you listen carefully and look for patterns or dissonance that will tell you a lot about what you are walking into.

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Post ID: @yjc+17KntAd1

(Sigh) Uhh, if you're looking for a pep talk, then put on your big boy pants and take the offer!

Nobody - I mean nobody - is going to second-guess your decision to leave WF. Don't get in your own way by over-thinking this. WF is the proverbial dumpster fire/sinking ship.

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Post ID: @qeu+17KntAd1

Do it!!!!! One more spot for someone that actually wants to be here!

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Post ID: @iuf+17KntAd1

I took a high level IT job once, only to find out the hiring manager wasn't the manager for the work I do, he was pre-loading his team with senior people as a power move.

I was a might bit peeved.

But that was back in glory days of Silicon Valley, and I overcame my anger when my stock options vested.

I say go with your gut as others have said. Life is short, but it's long at the same time.

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Post ID: @wfh+17KntAd1

I like previous comment of "trust your gut." Also, remember rarely in life is your decision permanent, don't make fear-based decisions - take that job because you WANT it, not because you fear something. What's the worst that could happen? Just start finding another job if necessary. Yes, it will be painful if things don't work out with the new job but life will go on and everything will work itself out.

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Post ID: @jeb+17KntAd1

yea i would get out of here as soon as you can go

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Post ID: @hdw+17KntAd1

Move on and never look back. Give notice when you get the new offer.

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Post ID: @bip+17KntAd1

I’ll try and offer some advice from my past experiences... hopefully I can have this make sense and be concise:

I had a great job out of college with a consulting firm. After a few years I was simply burnt out. I interviewed with a large bank (one where our entire leadership team is now from) and got a very good offer. There were a few reservations I had with the role, however, HR, the hiring manager, and another person I interviewed with cleared up those concerns. I took accepted the job and moved on.

Within a few weeks it was pretty clear those 3 bent the truth to persuade me to accept the role. The role I accepted was not how they described and did not align with the objectives I had set out for myself (which were the very things I followed up on multiple times). They basically ‘sold’ me a bag goods they had no intention on delivering just to get me in the door. I was p-ss-d, frustrated, and annoyed that I felt lied to.

I stayed on for a while but eventually decided the culture wasn’t a fit for me.

While interviewing to leave that bank, I was presented with another very similar scenario. The role was a level below where I felt I should be... and where I frankly felt comfortable. I followed up and they came back with a similar argument that the bank did... except they were able to provide more details on an actionable plan to get me to the next level.

But that scar tissue was there. I was burned by my last employer and I was really struggling to get past it. Everything about the role and their plan for me was great.. the company was great... the team was awesome... it was just the scar tissue weighing me down. They came back with a show of good faith (I think a insignificant amount of more money). I decided to give them a shot. Get over myself, bet on myself and to try and trust them (even though that logic buried me 18 months before).

Well, it worked. It was the best job I’ve had to date. I grew there faster than any other job I’ve had.. both in role/responsibility and as a working professional. I stayed on there for 5 or so years through numerous changes in the business and eventually an acquisition ended my tenure (by my choice).

What I’m getting at is not all companies are the same. Just because one burned you, it doesn’t mean they all will. If you can trust the team you’re joining, trust the company and the culture you’re moving to, then give them a chance.

I never should have taken the first role where they burned me. There were enough signs that they were feeding me BS throughout the entire process that I should have said NOPE. I got blinded by the money and my own mental fatigue of being burned out. Even though I felt like they burned me, I know I made a bad decision as well.

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Post ID: @oxc+17KntAd1

Pshh. I wish I had an offer. I understand the hesitation but I would take it. I give myself three months before I know it's a fit. If not, move on.

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Post ID: @ndx+17KntAd1

If you're working from home and can flex your hours, delay giving your notice until after a few weeks to make sure it's a good fit.

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Post ID: @gnb+17KntAd1

Consider what's the worst that can happen if you stay at WF, and the worst that can happen at the new place. Then consider probability and whether you can do anything to mitigate the risks.

What attracted to the new job – were there specific things, as opposed to "anything but WF"? What's triggering this feeling in your gut? (i.e. something you heard in interviews, read on Glassdoor etc. vs. "change is scary".)

A few things we all know for sure: WF will be pretty rough going for the next 18 months. Realistically, widespread improvement before 2022 is not likely. Also, it's likely severance will be reduced next year, so I'd be cautious about factoring that into my decision.

On the upside... yours is a good problem to have. Congratulations!

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Post ID: @qyf+17KntAd1

The only thing you can know for sure is that Wells Fargo will get a lot worse before it gets better.

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Post ID: @rtv+17KntAd1

Go for eeet!!!!

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Post ID: @rty+17KntAd1

Trust your gut. No FOMO. Look to be happy. See if you believe in the company. Even if you go to a place that is having issues, you probably have at least a year or so before you have to worry.

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Post ID: @uen+17KntAd1

there's always the "grass is greener" complex and sometimes it is, sometimes it isn't. Only you know the details of the situation. However, I will say that you clearly were looking for a reason and if you feel the offer is fair and you're comfortable with the company why not give it a shot? At worst case, you work there a year or so and look for something else. If you think WF was better you may be able to come back in a few years (when hopefully things have settled out).

I'd say there's more upside in general with a new opportunity vs the multiple downsides present at WF currently.

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Post ID: @pml+17KntAd1

Job at a company that is in trouble with the regulators and laying off 25% of its workforce

vs

Job at a company that presumably is not in trouble with regulators and is hiring?

There are other considerations, I know, but staying here with a CEO who is nearly openly hostile towards his workforce doesn’t seem like the best of many choices.

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Post ID: @gom+17KntAd1

What is the worst that can happen? You go to a job that you don't like...then get another job. Or come back to WF a year or two later when the dust settles – at higher salary.
Honestly any movement away from WF is a winning situation under the current leadership and toxicity.

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Post ID: @rqg+17KntAd1

Trust your gut

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Post ID: @yhm+17KntAd1

It can be worse than here and then, maybe not. It's all about taking a chance. If you're so infuriated here, I would go for it.

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Post ID: @dng+17KntAd1

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