Thread regarding Wells Fargo & Co. layoffs

@1tay+1iBWJDev

You had time to write that wall of anonymous text. Probably have time to work instead. You might be overpaid as it is.

Article has some good points. Make yourself a big piece of the pie so you don't get tossed out.

Post ID: @qkg+1iBWJDev

Better for you if you can get out of the “this is the best I can do” mentality. Polish your skills if you need to. Lots of opportunities out there at well-managed thriving companies.

Most employees, who are hoping for a layoff, understand that 6-12 months of paid time off to look for a bette job at a non-scandal ridden company is a gift.

This article doesn't know WF.
"Management will take satisfaction in jettisoning the dead weight", management hasn't been able to ger rid of dead weight so far, what makes you think they will? "The time and energy exerted will pay off in the long term", again, top performer in the group and still can't get full target bonus (which now we don't anymore). That is a sure way to ki-l a motivated employee.
"It will require dedication, motivation and putting in longer hours", um, no. Longer hours for salary means I get paid less, pay me what I'm worth.
"The reward for a job well done will be another career-enhancing task", we are overloaded as it is, and you want to pile on more and nickle and dime me on bonus and raise. Hard pass.
"Management recognizes that the perpetual complainer is toxic to the team, and the company will be only too happy to give them the boot", in reality the toxic one is also the dead weight and management can't get rid of them.
"experienced workers earn more than their younger colleagues, making them a prime target for being downsized to save costs. If you are in this category, do everything you can to disabuse people of this bias", we all know the goal is to get experienced people to leave because they have more benefits. We are just a number to executives, and long time employees are a bigger number.

Agree with jnc, typical establishment bs. I also see chuckles downvoted them lol.

This is the article

You can’t assume your job is sacrosanct and you won’t be downsized. The recent United States jobs report showed mixed signals regarding the health of the job market. The U.S. added 315,000 jobs last month. However, unemployment rose to 3.7%, tied for the year’s highest level. According to job loss tracker Layoffs.fyi, white-collar tech professionals have lost 76,942 jobs alone.

On a near daily basis, many companies across different sectors are enacting layoffs. One of the root causes of the job cuts is due to the Federal Reserve Bank’s initiative to dampen the economy to beat down inflation. This policy directly includes layoffs as part of the plan, as people without jobs will spend less money, which helps mute inflation. Here is how you can help avoid getting laid off during this time.

Don’t Jump On The Quiet Quitting Bandwagon
The hot new workplace trend is quiet quitting. While employees are choosing to stay in their jobs, they are coasting along, doing the bare minimum amount of work. This mindset is shortsighted. If you think that your boss doesn’t know that you’re just sleepwalking through the day, you’re naive and don’t understand the business world.

The supervisor may look the other way for a while, as it’s hard to attract, recruit and retain employees in this current environment. For the time being, they’ll pretend that they are not noticing you slacking.

As the economy contracts, in response to the Fed’s policies, there will be more layoffs. One of the first people to go will be the quiet quitters. Management will take satisfaction in jettisoning the dead weight.

Do The Opposite Of Quiet Quitting
Sometimes it takes more work to avoid doing work. Instead of coasting, take action. While everyone else is working in slow motion, you want to stand out by going all in. Speak with your manager to find out how you can help them. Ask what their short and long-term goals for you and the division are. Once you know what they want, go out of your way to exceed expectations.

This doesn’t mean you are a suck-up to the boss. You want to be the person in the office everyone looks up to, as you strive to be great at your job and add value to the organization. It will require dedication, motivation and putting in longer hours.

The time and energy exerted will pay off in the long term. You’ll be seen as a rising star. If a juicy assignment or new client is up for grabs, the manager will give it to you instead of one of the coasters.

The reward for a job well done will be another career-enhancing task. Slowly but surely, you’ll earn the respect of co-workers, your boss, management and everyone you interact with.

When it comes time for promotions, raises and bonuses, you’ll be at the top of the list. If layoffs are enacted, since you are deemed irreplaceable, there won’t be any worry that you’ll be targeted. You'll survive any future job cuts based on your strong work ethic, drive, good attitude and enthusiasm.

Complaining, Gossiping And Spreading Rumors
There are always people in an organization that spend more time complaining than doing their work. These are the folks who are consistently grumbling about something, talking trash behind everyone’s backs, spreading rumors and criticizing the company and boss. These workers are always mad about something and spend all day sharing their venom with anyone they come in contact with.

When there is a layoff announced, this type of employee is one of the first ones picked to get a pink slip. Management recognizes that the perpetual complainer is toxic to the team, and the company will be only too happy to give them the boot. They’ll smile as they wish you good luck with your future endeavors, relieved that you’re finally gone.

Seek Out Protectors, Cultivate Relationships And Fight Back Against Prejudices
Find some mentors, protectors and champions. You want to cultivate relationships with key players at the company. Ingratiate yourself with them and earn their trust. They’ll be your biggest supporters and defenders when layoffs are announced.

Try to get on a project that is mission-critical to the company's success. If you are attached to something that the C-suite highly values, the odds are good that you’ll be needed and have immunity from being downsized.

Have a positive and enthusiastic attitude. Everyone likes an upbeat person who tries to see the best in things. Reach out to help others. Offer to take some work off of their plate. Be friendly and respectful to everyone you come in contact with. It would be hard to let go of someone who is likable and nice to be around.

There is ageism in the workplace. Sadly, workers of a certain vintage are viewed as tech illiterate, resistant to change and out of touch. Also, experienced workers earn more than their younger colleagues, making them a prime target for being downsized to save costs.

If you are in this category, do everything you can to disabuse people of this bias. Showcase that you are up to speed with all new software and technologies. If you aren’t, immediately take online classes to get up to speed. In your interactions with people, show that you are dynamic and have a high-energy level to counteract ageist biases.

Have A ‘Just In Case’ Plan
The aforementioned strategies are not foolproof. Your company may be in such dire straits that even the best and brightest can’t be saved. You need to have a just-in-case strategy if things go wrong.

Hope for the best, but prepare for the worst. Review and brush up your résumé and LinkedIn profile. Find top recruiters who specialize in your space. Get in touch with career coaches and résumé writers who can help you prepare for interviews.

Create a list of target companies, search LinkedIn for human resources professionals and other folks who are involved in the hiring process and send out messages along with your résumé. Start contacting people within your network to gain job leads. Put together an elevator pitch and role-play interviewing, so you’ll be prepared if you're selected to be separated from the payroll.

Typical establishment BS. We, the people, have the power now.

There’s no way to avoid it if your number is the one they choose. It’s numbers, it has been obvious from the talent lost they found out later they actually needed that there is no thought behind it.

That’s what happens when the bean counters are in charge.

What parts do you disagree with?

I’ve been trying to get laid off for years. Hopefully someone will write an article on HOW to…

woo+1iBWJDev, speak for yourself. Not everyone wants a layoff, and especially with an economic slowdown.