Thread regarding Wells Fargo & Co. layoffs

West coast mega thread

Layoff notifications meetings are going out now. Please update this thread as info starts to roll in. Best of luck!

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| 5486 views | | 27 replies (last August 24, 2021) | Reply
Post ID: @OP+1cpNFTGZ

27 replies (most recent on top)

Ugh, pick me me! I'm in the east coast.

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Post ID: @5mra+1cpNFTGZ

I didn't get picked :(

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Post ID: @1iyc+1cpNFTGZ

@ahk+1cpNFTGZ

You’re welcome

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Post ID: @paw+1cpNFTGZ

college grads are cheap, but company pay with big mistakes; that is why they need experienced workforce. They can use college grads in entry level jobs with guardrails to minimize the risks.

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Post ID: @tbg+1cpNFTGZ

West coast is best coast.

Also, I don't know why, you east coast folks seem nice.

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Post ID: @oqn+1cpNFTGZ

Anything happening on the East Coast?

Why only a West Coast thread...

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Post ID: @ivr+1cpNFTGZ

We will do EVERY effort not to lay off new grads. Access to campus recrutiting is critical to us and they HATE when you lay off new grads within 12 months of recrutiting them. I am on the tech side and there is a war for talent going in campus recruitement centers and we will never do anything to pi-s colleges off...

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Post ID: @qoi+1cpNFTGZ

Much more economical to cut the older people rather than the new grads. We older ones get paid more.

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Post ID: @qhy+1cpNFTGZ

@evc+1cpNFTGZ there is a low probability of a new grad being cut as wf is also pushing the recruitment of new grads at this time

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Post ID: @fdd+1cpNFTGZ

Does anyone know many new grads get cut or the likelihood of a new grad being cut?

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Post ID: @evc+1cpNFTGZ

So is it 2pm pacific?

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Post ID: @ahk+1cpNFTGZ

Information & Cyber Security (ICS) is a part of Wells Fargo Technology

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Post ID: @haf+1cpNFTGZ

What does ICS mean?

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Post ID: @aga+1cpNFTGZ

Post ID: @nrs+1cpNFTGZ - Thank you.

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Post ID: @pmy+1cpNFTGZ

i heard some of ics got cut

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Post ID: @haw+1cpNFTGZ

2pm

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Post ID: @nrs+1cpNFTGZ

Can anyone answer whether a manager must inform the displaced individual(s) by a specific time? What is that deadline for the West Coast?

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Post ID: @uro+1cpNFTGZ

what are the total numbers of those affected; are most in tech and ics?

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Post ID: @omm+1cpNFTGZ

One of my favorite hard working managers of all time was given notice today and promptly kicked off all systems immediately afterwards. Luckily they were happy to be laid off, but had to call and ask if I could look up the severance policy since they were given no information or ability to look themselves, or even say goodbye other than by personal contact.

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Post ID: @odh+1cpNFTGZ

Post ID: @vhg+1cpNFTGZ

Jeopardize your severance to satisfy the curiosity of people you don't know? I wouldn't. Maybe that's just me.

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Post ID: @kss+1cpNFTGZ

How is it outing themselves by saying what area? And if they were the one laid off, why would they care?

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Post ID: @hwa+1cpNFTGZ

Post ID: @fej+1cpNFTGZ

Nobody is going to out themselves on an anonymous internet board. I know a few who were let go this morning so far and I wouldn't say anything on here.

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Post ID: @vhg+1cpNFTGZ

I hate scanty data. If you have no info, please remain silent.

QA title holders were given notices but where???

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Post ID: @fej+1cpNFTGZ

All LoBs are impacted.

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Post ID: @tfi+1cpNFTGZ

People with QA titles were given notice today.

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Post ID: @kuw+1cpNFTGZ

OP, do you have info on what departments are impacted?

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Post ID: @alg+1cpNFTGZ

Best wishes to anyone impacted.

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Post ID: @zmv+1cpNFTGZ

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