Thread regarding Wells Fargo & Co. layoffs

Why plan layoffs for the day after a holiday?

The timing of the next round of layoffs seems sleazy. Oh well. At least it'll extend our holiday weekend!

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| 2773 views | | 17 replies (last October 9, 2021) | Reply
Post ID: @OP+1ddsKx4c

17 replies (most recent on top)

Fake news. No layoff on 10/12

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Post ID: @1xon+1ddsKx4c

Why not? Better than the day before.

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Post ID: @1sox+1ddsKx4c

As a former manager I was informed I was laying off an employee 5 days before the layoff date, and then the afternoon before I got told just kidding this round is cancelled, about 3 hours before I was supposed to set up the mystery meeting for the next day.

If you think your low level manager has anything to do with the layoff other than giving you your annual rating (subject to calibration) and actually telling you the bad news, you’re kidding yourself.

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Post ID: @kct+1ddsKx4c

If you are working to pay for a roof over your head and food on your table there isn’t any good time for a layoff. Let’s just get the torture over with. On the positive side, having the holidays off would be nice.

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Post ID: @bra+1ddsKx4c

It's fricking Columbus Day. Uprooting people's lives is kind of in keeping with that.

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Post ID: @yzf+1ddsKx4c

There are no good times for layoffs. Also, I doubt anyone cares to schedule around Columbus Day. Sort of a fake holiday. The stock exchanges sure don't care

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Post ID: @zog+1ddsKx4c

Earnings announcements are for quarter close. The sheets are already created with all the financials. 2 days before announcement would make zero difference.

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Post ID: @lht+1ddsKx4c

Great post OP

Don’t lose sight of the fact that most companies in the USA don’t recognize it as a holiday. It’s mainly for lazy bankers

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Post ID: @idw+1ddsKx4c

Two days before earnings is my guess - numbers matter more than people.

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Post ID: @gai+1ddsKx4c

And they hired me the day after July 4th. So sleazy!!

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Post ID: @vwq+1ddsKx4c

Let’s see. I was displaced two days before Xmas. Two years ago most of marketing was let go December 16th. They don’t care

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Post ID: @knk+1ddsKx4c

Is it's even true. what difference does it make? You got one more freebie for Columbus Day.

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Post ID: @gkl+1ddsKx4c

Sorry about that. We’ll plan the next one the day before Thanksgiving

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Post ID: @eew+1ddsKx4c

Huh, show us this so-called plan?

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Post ID: @jwc+1ddsKx4c

They (managers) know within a few months, I believe. They have to. A few days doesn't give them enough time to plan and cover the ones being let go.

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Post ID: @pgk+1ddsKx4c

check with the manager

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Post ID: @mqp+1ddsKx4c

The thing is that those who make the decisions already know, today, and probably for some days now, who will get tossed. It really sucks, doesn't it?

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Post ID: @owl+1ddsKx4c

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