Thread regarding Wells Fargo & Co. layoffs

I think you mean whether, not weather

Did your attorney tell you how they would find out if took another job within the 60 day timeframe?

First, it isn't a lay off. They will give you a 2 month notice period, in which you will continued to get paid. Then after that you will get salary continuation, again it is not called a severance that salary continuation is based on 2 weeks for every year of service. If at anytime you find a new job during the initial 2 months notification period. You will lose everything including the salary continuation after that, and Wells Fargo will consider that a "resignation". So for all you that think you can double dip, you can't. My attorney said that they will make you pay it back. She said that it's very slimy way to do business, but they are within thier rights.

Actually, employees who were on unprotected get absolutely nothing.

I do enjoy Wells Fargo but over the last 6 months has become more than toxic and hard place to work. I personally have 4 offers so deciding which to accept now. I dont see this as a good place to work any longer. Was hoping i got a package today as I am set with offers. Then could have best of both worlds.

I "get" what people are saying, but there's never a "good time" to lose a job you didn't want to lose. It's not like the first half of January is "better".

There are no substantial layoffs today.

Also, anyone let go under current rules, will walk away with 60 days paid notice plus a minimum 8 weeks severance. So those let go in the earlier December waves have pay through roughly the end of March, at minimum.

With the 60 day notice, you're paid until the mid February at least. Personally I'd rather know now than find out after I'd spent a ton of money on Christmas. Better if nobody get laid off though.

Yes

I hope no one gets laid off today. It’s horrible to think that wf will be handing pink slips less than 2 weeks before christmas

Does anyone know if the layoffs will continue in the branches?