Thread regarding Wells Fargo & Co. layoffs

What are you planning to do with your bonus?

I’ll go first:

  • pay 2022 taxes owed
  • put the rest toward paying off student loans if interest resumes if not, invest it
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| 2513 views | | 27 replies (last January 27, 2023) | Reply
Post ID: @OP+1kQVU15z

27 replies (most recent on top)

@1iff. It would have been done if the party of no votes for it. Instead they want to cut Medicare and Social Security and give tax cuts to the wealthy and corporations while failing to renew things like tax deductions for child care credits and mortgage interest that average Americans use.

Apparently you got their talking points on your favorite TV channel this morning.

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Post ID: @3tmn+1kQVU15z

Probably going to the south of France this summer with my bonus. I’ve already accumulated enough miles for a free round trip after having a free round trip to rome last September. It’s been a busy traveling year for me!

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Post ID: @3heb+1kQVU15z

I left WF just over a year ago, and I'm looking at a strong bonus and raise from my current employer so for those concerned about little to no bonus or layoffs, you have my sympathy.

I'll be using my bonus to:

  1. pay my kids' private school tuition for 2023-2024
  2. Funding kids' Coverdell accounts for the year
  3. Pay 2022 taxes
  4. Throw the rest in the vacation account to cover our summer family trip to Europe.
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Post ID: @1uaq+1kQVU15z

Save for retirement and some landscaping.

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Post ID: @1smm+1kQVU15z

Don’t assume there are bonuses.

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Post ID: @1evt+1kQVU15z

Major home repair, family vacation, pay down student loans, put some in my oh sh!t fund. Yep middle age is super fun.

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Post ID: @1jle+1kQVU15z

Why would you pay off your student loans when Sleepy Joe said he is going to forgive them? Believe him since he never lies :)

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Post ID: @1iff+1kQVU15z

What bonus ? Retail? Commercial? CIB?

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Post ID: @1ufe+1kQVU15z

Take a vacation, probably buy some furniture, save some. Maybe some new tires for my car.

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Post ID: @1orl+1kQVU15z

What can you do with a couple grand after taxes? It’s insulting when Chuck receives multi million dollar bonuses and 20% pay increases. Meanwhile, the rest of us get tiny merit increases that cause us to earn less because they never ever come close to keeping up with inflation and bonus amounts that are laughable. Disgusting.

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Post ID: @1vvu+1kQVU15z

Dishwasher and savings for recession

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Post ID: @dxh+1kQVU15z

Probably my best bonus yet. These layoffs in mortgage have helped focus people in. I'll take a vacation to get some sun, invest a little, save a little and pay off my EV. If this keeps up, I'll be in a good spot going into next quarter. Well done Chuck!

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Post ID: @iwx+1kQVU15z

What bonus?!

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Post ID: @lmz+1kQVU15z

Buying a few new guitars and a custom LearJet.

Xoxoxo,
Charlie

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Post ID: @kja+1kQVU15z

I’m paying my 2022 taxes and I am paying off one bill and I am banking the rest for the inevitable

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Post ID: @nld+1kQVU15z

All going to bills once I get fired for not RTO'ing since I was never in an office to begin with.

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Post ID: @wbl+1kQVU15z

Adding an extra shot to my latté. Should just about cover it.

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Post ID: @por+1kQVU15z

After tax, I can uber to office and buy a burger during lunch for one week.

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Post ID: @xun+1kQVU15z

Nothing. Worried about the economy this year.

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Post ID: @fqa+1kQVU15z

Be glad you are getting any bonus.

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Post ID: @tbf+1kQVU15z

Who is bonus eligible? Asking for a friend.

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Post ID: @xcr+1kQVU15z

Our group (tech) was informed that our bonus was being used to fund a 5-7% salary increase.

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Post ID: @nsv+1kQVU15z

I'm paying for a family vacation, putting 15% into my 401k, paying the taxes I'll owe this year, and buying a carpet cleaning machine. Middle age sucks haha.

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Post ID: @npj+1kQVU15z

Buy two dozen eggs instead of one.

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Post ID: @mku+1kQVU15z

Fund kids college 529s, 20% into 401k and invest the rest.

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Post ID: @mcs+1kQVU15z

Passports, plane tickets, and the rest is saved for moving expenses

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Post ID: @rng+1kQVU15z

If I WAS bonus eligible -- I'd take a vacation

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Post ID: @iou+1kQVU15z

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