https://fired.fyi/blog/wells-fargo-layoffs-2025
11 replies (most recent on top)
Warn notices for FL and CA
Also DesMoines
https://data.usatoday.com/see-which-companies-announced-mass-layoffs-closings/?query=wells+
@eq+1jq8t0e36
Yes
Wouldn't you need 26 full years of service to get 52 weeks of severance?
@dy+1jq8t0e36
Ty. I guess I was told wrong. One gets paid for the first 60 days as a non-working employee. Then paid 2 weeks of severance for 25 years plus of service for 52 weeks/12 months after the 60 days. I will ask when I get displaced to make sure. I appreciate you.
No 14 months .. doesn't go past 12 months for sev pay
Everything in commercial bank payments will probably go to India. God bless.
The article above states this. “ Continuation of health, dental, and vision insurance throughout the severance period”. So does this mean that after the 60-day non worming period are benefits paid by the company through the length of the severance pay period? I was under the impression that these benefits ended after the 60day non worming period. And the severed employee has the option to continue some health coverage by paying via COBRA.
My manager is losing close to half of his team on 4/1 plus me. It will be a doozy.
Commercial banking
Inquiring minds want to know just how big will Tuesday after payday (April 1) will be? Lay me off with 14 months of pay please. I'm ready. No April fooling.
but we already know everything about upcoming layoffs... they are coming and nothing we can do will change that
We need a site where we can post what we know about upcoming layoffs.