Thread regarding Wells Fargo & Co. layoffs

If you’ve never made friends in the workplace, you’ll not hear from anyone when you’re displaced. You might be contacted by some busy bodies doing their snooping things. On the other hand, If you have made friends then people will reach out to you to help with contacts and leads.

In the meantime the Wells displacement policies rank among the tops in banking. They are so generous it defies belief and many of us are still here solely for the package. There really is nothing to complain about for anyone who has worked here more than a few years, and for those who are somewhat new it’s still a Florentine than fair deal.

It is always that way. Every body works for exchange of money. My wife has a business. She gets services of different people and check their work and pay them. At WF Even it is more than that. Now my manager indirectly told to work some extra hours. I work for 12 hours. If you refuse, probably you might be on next exit list.

After reading this post I am glad to see Charlie’s layoffs are working.

Op it sounds like you are bummed all your time spent a– kissing didn’t work for you when you didn’t get the “rally” you felt you were entitled to. Boo freaking hoo

Well, you've clearly never seen or been in a real 'war zone' if you think working at WF is anything like it. How many of your coworkers have been k–led in the line of duty? How much fear for your own physical safety do you have on a daily basis? And if you think you're not getting enough information about what's going on here at WF, you've definitely never been in the mil or anywhere close to the chaos/confusion of a war.

Post ID: @rbk+19owmXIF

I call it like I see it. If you see it differently, that’s cool. But there’s no need to be a childish prick every time you disagree with someone else’s POV.

Post ID: @qzv+19owmXIF

You sound like quite the drama queen. War zone? Employees pitted against each other? What utter nonsense.

Maybe your fellow ICs are smart enough to know that throwing a fit / "questioning" your term has no possible upside? It's not like the executives are going to say "oh, well, I guess we'll hire them back". Not going to happen. I'm sorry you got laid off. My department is impacted by these things all the time. It totally s—s, but there is literally nothing 99.9% of employees can do about it that will actually help anyone. What exactly do you want them to do?

I’m sorry you were laid off, but I don’t really see it’s at way.

I blame it all on Wells Fargo management, not the employees. Wells Fargo management has created the toxic environment where employees have been pitted against each other in a stressful game of survival. It is Wells Fargo management that is cold, non-empathetic, divisive, self-serving, and non-transparent. It is your managers up the line in your LOB who betrayed you, not your co-workers.

Wells Fargo has become a war zone, but it hasn’t always been that way. There are good people here.
Blame the past C-Suite for putting us in the position. And blame the current C-Suite for how they are running the show now. Both teams could use a makeover in humanity, integrity, and leadership.
These people should be managing prisons, not wanna-be healthy companies.

It's not just at Wells Fargo. I experienced a layoff at another company and coworkers who I thought cared, went their merry way. What you experienced here at Wells, the standoffishness, you will experience over and over again. It's called work and one must learn to separate coworkers from real friends. I t happens everywhere and it's not a Wells Fargo thing. Congratulations on your new job. I'm looking around, myself but when I do find a new job, I know I can expect much of the same thing that we both have experienced.

Op here, thanks for the feedback; so I can get a lump sum payout?

Thank Chainsaw for the going away gift of free money! First job I got one of these moving onto my next higher paying job and promotion!

I thought you receive full benefits during your serverance

“ The workplace is just an exchange of your time for money. It is as simple as that, if you were to look for anything deeper than that then just be aware it will be built on a pretty weak foundation there. Nothing wrong with having some light conversations and best to leave it at this.”

Remember, it’s all about the company metrics. The days of a pension and a gold watch for loyal service disappeared over 30 years ago.

As long as your start date is after the 60 day notice your pckage is safe. I got the pink slip too on dec 3rd and started working for another bank feb1st which is the day after the 60 day notice.

Congrats on the new job! Hopefully our new jobs will be our “home” for a very long time till we retire 😅

Thankfully not true for everyone. I'm still friends with a handful of folks I grew close to at WF before they left (or I recently did). But my best WF friendships came from early in my time there, not the end. At one time, it was a happy, collegial place to work.

There are no friends at Wells Fargo.

Sorry to hear about your layoff, but you seem to have landed OK. You found a role pretty quickly. I agree with you about work. It helps to have friendships at work, but in the end they aren't family and it's $ in exchange for services. I wouldn't take it too personally if your colleagues were kind of standoffish after you were displaced. That happened to me as well, I just don't think folks know what to say.

As long as your 60 workout period is complete, the only impact will be a lump sum payout – assuming your new role has benefits. If it doesn't you have the option of continuing with regular severance payments and getting your healthcare via COBRA.