Thread regarding Wells Fargo & Co. layoffs

It's ferocious out there. Just got

Turned down by a competitor. I have to keep praying, keep standing and keep going.
Not easy out there.

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| 3589 views | | 17 replies (last October 5, 2020) | Reply
Post ID: @OP+17eWdqM8

17 replies (most recent on top)

@2zjl+17eWdqM8 You should really check into how unemployment works before making false comments regarding it.

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Post ID: @3ujm+17eWdqM8

I can confirm, it's tough finding work. I have an education and a much broader background than just banking. Ive received alot of declines or not filling position responses for 5 months now.

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Post ID: @3afh+17eWdqM8

just collect your paychecks until they say your time is up! dont hand it over.

I am guessing they are waiting until employees can go back to the office without receiving any criminal lawsuits like that other bank did making employees infected with covid as forcing them to go back to unsanitary conditions.

Anyways, once they say come back to office, relo or your fired that will probably clear the 25% easilly with no severance or unemployment costs. Best of luck!

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Post ID: @2zjl+17eWdqM8

Maybe it's time to change careers.
I explored this in depth throughout 2020.
Hard? You bet your azz it is. All financial services companies are now going to require coding skills and the like to even land an entry level position. Make note as you take your next steps.

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Post ID: @1ztm+17eWdqM8

Different experiences posted here could also have to do with the job market in your city/state.

I’m sure it is more difficult now than it was a year ago. But keep trying. You have to be out there when the right job pops up.

Disregard those who attempt to put down the employees with longer employment at Wells. There are managers and companies who are looking for reliable experienced people vs potential job hoppers. There are pros and cons to both. Ultimately, it depends on the hiring manager and the job.

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Post ID: @1gfu+17eWdqM8

@1vey+17eWdqM8

Sure put the transition. However, when they do the background check they will see you work at Wells and not hire you because you lied on your application. There are better ways to handle this.

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Post ID: @1azv+17eWdqM8

WF is not a "stain" on your resume. Get real.

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Post ID: @1hzp+17eWdqM8

It all depends on what you do and how you present your skills. If you’re trying to leave wells because you fear being laid off then your role probably isn’t needed at other institutions either and wells was just the last to realize it. If you work in technology the odds of you being able to make even a lateral move are slim because wells is so far behind so you may have to humble yourself and take a lesser role. I find risk and compliance people usually have an easier time finding new opportunities because if you can somehow manage those roles at wells anywhere else is a cakewalk. The notion that other employers wouldn’t want someone who has valuable experience at one of the nations largest banks is laughable

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Post ID: @1qzd+17eWdqM8

I’m new to Wells (8 months) and started interviewing as I regret taking this job. I noticed that in some cases it’s better to put that I’m “in transition” for 8 months than to say that I work at Wells.

I feel sorry for the old guard, it must be very hard to sell 10,15,20 or more years of experience with antique tools and processes and no thought leadership. It’s like trying to get a job in high end customer service after 15 years of experience at the DMV.

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Post ID: @1vey+17eWdqM8

Bear in mind that it's one thing to get calls from recruiters – which is great – but it's another to get the offer. I'm not trying to sound pessimistic, just realistic. Just because recruiters are trying to fill their pipelines doesn't mean it'll be super easy to find a job. So again, apply a lot and be patient. It'll happen but it may not be quick.

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Post ID: @1yvh+17eWdqM8

i am not even interviewing and i have at least 7 calls or email a day for openings

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Post ID: @yqd+17eWdqM8

agreed. I've been interviewing for months.

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Post ID: @ldb+17eWdqM8

Bummer, sorry to hear that. Did you interview? I'm been the bridesmaid so many time over the past year or so, so I can relate. If you interviewed, did you ask for feedback? If someone does take the time to give you feedback, it's a gift.

Either way, have to kiss a LOT of frogs in the market these days. Hang in there, and good luck.

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Post ID: @ftu+17eWdqM8

Truth is Wells Fargo is a stain on your resume. It was going to be challenging pre COVID. Now, forget about it. You guys are screwed.

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Post ID: @okr+17eWdqM8

What kind of position were you interviewing for? I’m in compliance with 10+ years of experience and have had lots of interest so far. Not being snarky, but it may just depend on your skill set and ability to move for the right position.

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Post ID: @nkm+17eWdqM8

I'm being real. It is scary out there and no cakewalk.

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Post ID: @ykz+17eWdqM8

You honestly sound like someone who is trying to scare current employees so they accept the environment Wells Fargo has created.

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Post ID: @hsc+17eWdqM8

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