Thread regarding Wells Fargo & Co. layoffs

What's your plan for 2021?

What moves are you working on? Are you about to jet?

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| 2525 views | | 22 replies (last December 22, 2020) | Reply
Post ID: @OP+18tkiIXF

22 replies (most recent on top)

I love my job and work with great people. If I didn't, I'd leave, but I do, so why jump ship now?

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Post ID: @4dfh+18tkiIXF

Will be at the end of my 52 week paid vacation. So I will officially retire on 1/15/2021. Since I am well past retirement age I will no longer have to put up with the BS of working for anyone. Now if thet can get the RONA under control LOL!!

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Post ID: @4mbt+18tkiIXF

Will be retired!!

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Post ID: @4oiv+18tkiIXF

I am starting a new job a week from today (right after my 60 day notice ends) for $30k more money. I will get the Wells severance and a huge signing bonus equal to my typical annual bonus - so basically the equivalent of 3.5 annual bonuses. I am so relieved to be moving to a better company.

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Post ID: @3bff+18tkiIXF

I started a new job last week with 25% pay increase, better 401k match, better health insurance with very low deductible, matched PTO, etc.
Don't be reluctant to look for better opportunities - you can find them.

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Post ID: @3xhl+18tkiIXF

Starting February 5, 2021 I am available for immediate hire.

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Post ID: @3ggw+18tkiIXF

Manager here. I am going to find a better company to work for but keep my stock because it will increase.

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Post ID: @3qfn+18tkiIXF

Getting 25% higher pay and matched everything else (pto, bonus, title, plus permanent remote status - oh yeah, that was in the works to be changed under CS pre-covid...those that were remote pre-covid may or may not keep that perk once returns to office begin). Good luck, all!

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Post ID: @3vrg+18tkiIXF

Definitely looking around. Will leave after the first week of February for the right opportunity. Yes, I am going to stick around for the bonus. I have worked hard all year. I am not going to leave that money on the table.

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Post ID: @2nvu+18tkiIXF

This is definitely most toxic place I have ever seen; but there are criminals running it so guess we all should already know this. look at the long list of crimes that guy put in the other post.

I am leaving too

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Post ID: @2sjt+18tkiIXF

I am absolutely leaving, this place is a Cluster f— run like people dont know what they are doing

worst job i ever had; anyways i got an offer 47k more, this place low ball its workers too.

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Post ID: @2dtb+18tkiIXF

Sad. Charlie trolling for intel again and not getting the answers he'd hoped for. He wants people to leave. Now he'll have to tighten the screws further.

Every time numerous posts about no plans to leave, WF shakes the tree and makes things more uncomfortable so people quit. There are only so many levers at WF's disposal (negative changes to benefits, 401K match, severance, etc.).

Get ready for severance cuts in 2021.

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Post ID: @1een+18tkiIXF

WF is not going to get any less toxic, and as they lay off more and more people, those of us still here get to do more work, or take heat for work not getting done/being delayed.

The history of banking in the US is filled with crime, WF will be as clean as they need to be long enough to start criming again.

All the big banks do the same thing.

So, to recap, toxic, crime, leaving.

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Post ID: @1qmx+18tkiIXF

I hope to stay. I honestly don't see it being better anywhere else. I have had a job prior to coming here and this place isn't rosy, but it is better. No, I am not planning on leaving.

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Post ID: @1imc+18tkiIXF

@1nkc I feel your pain - I am in a similar similar situation. Godspeed...

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Post ID: @1bjt+18tkiIXF

Wells Fargo is good and it'll not be better somewhere else (I used to jump a lot)... We just need a few years to stabilize. Once all layoffs are done people will fell better.

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Post ID: @1eow+18tkiIXF

I like that spans and layers is reducing the number of managers. I currently have 7 managers that pull me in different directions. I'm guessing that number will be 4 or 5 by the time this shakes out. With that said, I'm just holding on until I'm displaced and run with the money. I'm over MRP and probably on the chopping block, even though I always get a 4 or 5 (during years where a number was used).

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Post ID: @1nkc+18tkiIXF

Will be retired!

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Post ID: @1ofb+18tkiIXF

Want to work in a more current area of tech, so leaving. Feel like i have lost all my skills here.

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Post ID: @1lif+18tkiIXF

Don’t have a reason to leave.

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Post ID: @ziy+18tkiIXF

Sticking around.

A lot less managers getting up in my business since s&l whacked almost all of them.

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Post ID: @krd+18tkiIXF

I hope the virus is gone and life returns to normal.

Workwise, I am happy were I am right now - I have 4 years to retirement and will try to ride it out....

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Post ID: @qfc+18tkiIXF

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