Thread regarding Wells Fargo & Co. layoffs

Potential Required Absence program impact

Anyone get this email stating "Get ready for potential Required absence program impact" .. It says You have been identified as an employee who performs sensitive tasks or influences employees who perform sensitive tasks... them it says you may be required to take a 10 day consecutive day absence.

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| 2671 views | | 9 replies (last July 8, 2025) | Reply
Post ID: @OP+1jznengwy

9 replies (most recent on top)

Yes it comes from your PTO balance. Always has unfortunately.

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Post ID: @aw+1jznengwy

Yes you’re required to take your PTO consecutively because some people in the past never took PTO so they can always stick around and no one can find out that they were doing sketchy stuff. They always had to be covering it up.

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Post ID: @am+1jznengwy

trust me, they can and they will take it from PTO.

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Post ID: @af+1jznengwy

How could a required 10-day away from work be taken from your PTO bank?

If it's a requirement, it's not PTO.

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Post ID: @ab+1jznengwy

This is nothing new. It has nothing to do with pto accrual. It’s a regulatory issue for FINRA licensed employees. There are audits of your work. Unfortunately in most cases you don’t get to pick when you want the 10 days to be.

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Post ID: @a6+1jznengwy

That's very typical for certain functions in the financial industry.

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Post ID: @a5+1jznengwy

there are certain employees types that are required to take time away. I worked for a company once that forced everyone to take a week off per year and disconnected their access when they did so to ensure they actually took time away. The work will always be there.

Wouldn't surprise me if they started making all employees in PTO Cap states, like California, start taking mandatory time off like this so they can get some of it off the books.

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Post ID: @a4+1jznengwy

https://www.newyorkfed.org/banking/circulars/10923.html

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Post ID: @a2+1jznengwy

@OP have not, however that is a standard or was a standard practice in financial services for almost 100 years. It allows any thing you may have been sitting on to bubble up.

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Post ID: @a1+1jznengwy

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