Thread regarding Wells Fargo & Co. layoffs

Layoffs and Severance - how much time do you have to accept the terms of the severance?

  1. Do you have the full 60 days to decide?
  2. What if you file a case within the 60 days?
  3. what if you go out on leave, before you sign?
  4. What is a list of agencies you can file against? (state and federal)

I work for another company but this place sounds quite dysfunctional and inept. It's almost like you have to beat them at their own game.. (for example: notify media before you sign, send email to Board of Directors, go out on medical, dig up any documentation and have it ready to submit, before you get the layoff mtg scheduled and file a case for investigation to stall until you get another job)

I hate to hear how companies, like this one, make employees feel they are backed into a corner. Layoffs are one thing but If you are getting terminated due to ranking, so they don't have to pay your severance due to poor performance, then make it difficult for the jack@$$e$ making these decisions.

Don't get mad.... get SMART.....There has to be something.... it might be creative and out-of box but I'm sure there is some loophole that someone is aware of.

by Anonymous
| 2015 views | | 4 replies (last December 5, 2020) | Reply
Post ID: @OP+18gSWXOh
Comment! It's anonymous!

4 replies (most recent on top)

Folks, Wells has HR folks who know the laws and lawyers who know the laws and you're not going to get past them.

If you were in a toxic work environment or were being harrassed, then call a lawyer.

If you get layed off you go layed off.

Most states are right to work states with very little employee protections anyway.

Good luck and stay safe.

by Anonymous
| | Reply
Post ID: @ckx+18gSWXOh

OP - to what end? Is the argument that WF should never cut a position, or that every layoff is bad on the whole (I realize it s—s for the person)? I also don’t get your point about using performance rating to terminate without severance. These layoff waves have been layoffs with severance, not firing for cause. I just can’t see much upside to the fight. Even if an individual has been treated unfairly, the time and legal costs are significant.

by Anonymous
| | Reply
Post ID: @lui+18gSWXOh

OP, you indicated you don't work for Wells, so how or why is the layoff situation or salary continuation any concern of yours? As you're not part of the company, your only source of information is from this and other boards, which are mostly inaccurate or exaggerated representations of the truth. In agreement with the first response, your keyboard warrior antics will make people put their otherwise reasonable severance agreements in jeopardy.

Do us all a favor and tend to your own house. we can handle ours. peace.

by Anonymous
| | Reply
Post ID: @gmx+18gSWXOh

Not sure what upside there is to your plan. All you will do is incur legal costs, drag everything out with a slim chance of success and ultimately make yourself unattractive to other employers.

I have seen disgruntled employees turn their layoff with a great package into “terminated with cause” through their actions after being notified.

Your approach sounds great for a movie script, but in the real world it is a long, expensive and stressful road to go down.

Rather but that effort and motivation into finding a job somewhere else.

by Anonymous
| | Reply
Post ID: @gzu+18gSWXOh

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