Thread regarding Wells Fargo & Co. layoffs

6/24/21 is here and so am I

For now. Let’s see how this day pans out.

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| 12598 views | | 77 replies (last June 25, 2021) | Reply
Post ID: @OP+1bvUXrrD

77 replies (most recent on top)

You can't say "technology" and have anyone know. There are thousands of people in technology and dozens and dozens of teams doing different (often overlapping) things for the various LOBs.

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Post ID: @jwz+1bvUXrrD

Can we just list the teams impacted ?

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Post ID: @ort+1bvUXrrD

Yes, I received a 60 non-working days notice today. Soon, I will receive a displacement package.

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Post ID: @roy+1bvUXrrD

36% of my team cut in Technology. Waiting to see what the other support teams end up looking like. We lost both deadwood and heavy weights. Disappointing but we move on.

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Post ID: @tsi+1bvUXrrD

Post ID: @wnm+1bvUXrrD

Look at what Jack Welch did at GE and he was considered the CEO of the century. This is just BAU.

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Post ID: @pvd+1bvUXrrD

Two lost in my small group. We were already short staffed. This is bad. Heard other groups hit hard also. This is not fake news. I am not sure how this company can run projects when no one is left to do the work.

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Post ID: @ikb+1bvUXrrD

Layoffs while planning massive stock buybacks and raising the dividend because WFC is sitting on a massive pile of cash.

All of this could have ethically happened through hiring freezes and attrition. But that doesn't fatten the wallet of the psychopaths at the top.

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Post ID: @wnm+1bvUXrrD

Fu-k Wells Fargo - Fu-k them very much

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Post ID: @euz+1bvUXrrD

All consumer and home lending QA people got laid off..total 160 people..

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Post ID: @wtg+1bvUXrrD

Displaced an awesome, amazing enterprise architect today. I wish her the best and very sad to see this

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Post ID: @xqo+1bvUXrrD

I asked HR if i can get my payout in cash and unmarked bills

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Post ID: @bqv+1bvUXrrD

Its not even 9am PST yet.

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Post ID: @tnc+1bvUXrrD

Who is lan? Are you referring to Network Engineering?

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Post ID: @msw+1bvUXrrD

It’s legit lan hit hard today

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Post ID: @wqf+1bvUXrrD

@qje. Explain “interim folks.” Are they contractors? Offshore consultants? If full time, they are not interim by any means.

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Post ID: @qci+1bvUXrrD

Sorry for those impacted and thoughts are with them.

This is going to bite tech in the keister but this leadership has no sense of how it works in the trenches.

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Post ID: @fsp+1bvUXrrD

@cmk+1bvUXrrD. They are interim folks their jobs are temporary and the writing has been on the wall for a long time. Don’t make it more dramatic than it really is.

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Post ID: @qje+1bvUXrrD

Only 11am? Both April and May rounds of layoffs were completed by this time in Tech.

If you haven't gotten a meeting notice by now, you aren't getting laid off today.

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Post ID: @jbn+1bvUXrrD

Technology definitely impacted (CTO Org). At least know 2 folks who got hit today and its only 11 am. This is real, for folks impacted. For everyone else, just a game or stat or some mudslinging contest.

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Post ID: @cmk+1bvUXrrD

Where’s all the layoffs? Told you it was fake news.

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Post ID: @fgl+1bvUXrrD

Could it be possible that we're ok? Maybe not many layoffs as suggested?

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Post ID: @jlw+1bvUXrrD

Charlie haters must be happy to get laid off today. Free from miseries

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Post ID: @ich+1bvUXrrD

Post ID: @txo+1bvUXrrD

Just curious but what's wrong with your manager asking you to schedule a one-on-one if you want? I don't want to waste my time or his on one-on-ones. I know what my job is and if I want something, I'll call. If you feel the need for one-on-ones, schedule it.

Sounds perfectly reasonable to me.

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Post ID: @xps+1bvUXrrD

@txo. That’s what you get with failed Chase leadership. They did the same thing there, which is why they were job hunting. But their buddies hired them again anyway once they talked their way into here.

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Post ID: @lur+1bvUXrrD

Amazing you have all been taken in by this RIP guy once more.

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Post ID: @cfx+1bvUXrrD

My manager makes us schedule 1:1s if we want them. Its such a lazy approach to people and leadership. They don't give a damn. They are hiring new azz clowns into this company who have ZERO business leading people let alone a goat f-c@ing rodeo.

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Post ID: @txo+1bvUXrrD

That’s assuming people will lose their jobs. I say it’s all a load of bull and most will be ok, not the deluge the fearmongers would have you believe.

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Post ID: @wea+1bvUXrrD

@ldf+1bvUXrrD, for you perhaps. For hundreds of others, not so much. But we’ll be sure to mark your words.

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Post ID: @gpq+1bvUXrrD

@ldf+1bvUXrrD

If you really consider people losing their jobs "nothing of consequence", you're a real a&#(_@+$. Why are you even here? Of all the people in the company, it's people like you that should be first to go. No consideration for other people whatsoever.

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Post ID: @wgy+1bvUXrrD

Nothing of consequence will happen. Mark my words.

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Post ID: @ldf+1bvUXrrD

TRT and GPI hit

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Post ID: @lrj+1bvUXrrD

maybe I'll send out a random meeting invite to my team today just to mess with them. although I find it odd how little people meet with their managers in some teams based on what I read here. while my team isn't massive I try to meet with them every week or 2.

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Post ID: @pcc+1bvUXrrD

Just now got 11:00 am meeting invite from my manager.

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Post ID: @uhk+1bvUXrrD

What is this supposed to mean? You have received an email with a meeting called re-org ?

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Post ID: @sfd+1bvUXrrD

They received an email in the future? It’s only 8am eastern…

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Post ID: @bje+1bvUXrrD

In our department for all QA people received email Org Announcement at 10am. What is that mean?

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Post ID: @nvd+1bvUXrrD

Avē Imperātor, moritūrī tē salūtant.

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Post ID: @rma+1bvUXrrD

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