Thread regarding Wells Fargo & Co. layoffs

Been here less than 2yrs, what’s the deal?

So screwed being new to WF - little less than 2yrs, what do you get if they let you go?

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| 1958 views | | 10 replies (last July 1, 2021) | Reply
Post ID: @OP+1bwu2vOQ

10 replies (most recent on top)

I’ve been here just under two years too and I ask my self that same question almost everyday. I started applying outside WF a month ago. The group I’m in is due for an overhaul. If my group starts to get layoffs I’ll beg to be one of the lucky ones.

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Post ID: @6hqj+1bwu2vOQ

Just keep your hand on your wallet, after all, its Wells Fargo!

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Post ID: @3fdl+1bwu2vOQ

Yes, you are getting very good advice from some commenters; best thing you can do is change jobs soonest you can! Worst job I have had in my career.

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Post ID: @1idb+1bwu2vOQ

The last few years have been the worst of my career. Here is some FREE and SOLID career advice for you from someone who's done and thing or two and seen a thing or two. GET OUT of this place as soon as you can. It's not going to get any better, anytime soon.

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Post ID: @1ojk+1bwu2vOQ

The better question is why have you stayed for two years? Your entire time here has been the worst it has ever been in twenty years. Get out now!!

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Post ID: @fnw+1bwu2vOQ

Like @tha, I’ve been in finance for 30 years and have been laid off twice. Luckily I had a job already teed up when the first happened. The second was with Wells, and I got an offer for another position a week after my 60 day notice period was up. Since I am now 100% WFH and not near a hub, I’m pretty sure it’s a matter of WHEN I get the axe, not IF. I’m REALLY apprehensive about not jumping ship right now, especially being over 50, but I kinda feel like, what the h3ll? With my tenure, I’ll have about 8 months to find a job counting notice + severance before I have to tap into savings. Even at my age, I feel like I’ll find something in 8 months, so why not ride it out and enjoy the paid time off and the ability to focus 100% of my attention on finding the next gig when the time comes.

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Post ID: @xls+1bwu2vOQ

@phq+1bwu2vOQ It's actually in the benefits book (starts on page 403) and not the employee handbook, but yes it's all spelled out for us.

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Post ID: @wdp+1bwu2vOQ

Survive. I’ve been in banking for 20+ years. I’ve experienced 4 mergers/acquisitions since 2009. I’ve been laid off twice. All you can do is polish your resume now, start networking if it happens and find another gig as quickly as possible. Took me 9 months in 2009, took me 9 months again 2019-2020.

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Post ID: @tha+1bwu2vOQ

All the details to your question are in the employee handbook

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Post ID: @phq+1bwu2vOQ

Look on Teamworks.

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Post ID: @cna+1bwu2vOQ

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