Thread regarding Wells Fargo & Co. layoffs

I envy those of you who are thinking about bonuses

All I'm thinking about is how to survive this year without being laid off. A bonus and a raise are the last things on my mind. I don't necessarily want to but I can deal without any of those things. I can't deal with losing my job, not in this economic environment. I wish I knew how to stop worrying, but I can't.

by
| 1951 views | | 10 replies (last January 26, 2023) | Reply
Post ID: @OP+1kR6MR8y

10 replies (most recent on top)

@rnx. That happens with any economy. That’s now Corporate America works.

Take it from someone who has had their job sent to India four times now.

by
| | Reply
Post ID: @1erh+1kR6MR8y

Why don’t you go on the offense and start looking for a new job now? Worrying about something that may or may not happen does no good. Focus on what you can control.

by
| | Reply
Post ID: @cqb+1kR6MR8y

I was the same way in 2020-2021. I had just joined and no soon as I joined, there were big talks about layoffs. Our manager assured us that we had nothing to worry over. I was here every day looking for insights. Nothing.
Then it happened. It was March, 2021, I was wfh, sitting in my living room about to join a call, and my manager called saying that I had been cut. This was my second layoff. Devastated. It took me a while before I found another job. I even tried to come back to Wells. No dice. I did eventually land.
Just know that if it happens, you will get through it. It's rough, and hopefully, you will not be out as long as I was, but you will get through it. Everyone in this economy should be concerned. No one is safe. Even when you do land a new job, you should always be thinking that it could happen again.

by
| | Reply
Post ID: @rnx+1kR6MR8y

My position was one that bonus eligibility was eliminated. I am hoping and crossing fingers for merit larger than 2%
I hope that you all get some fat bonuses

by
| | Reply
Post ID: @diz+1kR6MR8y

Think about them because it’s your hard work that earns it. This isn’t charity work.

by
| | Reply
Post ID: @dtx+1kR6MR8y

Update your linked in and then change your setting to open to work, but viewable by recruiters only. Have your resume updated as well. You may be surprised.

by
| | Reply
Post ID: @vav+1kR6MR8y

Apply other places, I promise it’s not as scary out there as they like to make you think it is.

by
| | Reply
Post ID: @zhy+1kR6MR8y

@jtd+1kR6MR8y "People in your position are exactly what a predatory company like WF wants."

HAHAHAHAHAHAHAH. Oh man, thanks. I needed a good morning laugh. You write as if the OP is an Illegal Immigrant working for Tyson Chicken and won't provide PPE or minimum wage, makes them sleep in the back of tractor trailers and there are no other employers in town.

How exactly does WF have any of us "over a barrel"? Rhetorical question because they don't. You're just full of isht. This place is no Mecca so stop trying to make people out to be martyrs. Every single employee has the ability to leave, OP may not WANT to and feel like they are stuck but that doesn't make this dumpster fire of an employer predatory in any way (unless your a banking customer ZING!)

by
| | Reply
Post ID: @goe+1kR6MR8y

People in your position are exactly what a predatory company like WF wants. They've got you over a barrel and they know it. Expect them to act accordingly.

You can do better. Think of WF as a small stepping stone in the path of your life. Focus your off-duty time in finding a better job.

If you're in love with WF, then you'll still want to leave. Then you have a chance at coming back in the future, but into a better position. Once you're in your "silo" (as you are in right now), it's almost impossible to promote out of it. Leaving and then coming back into some other position is the only way.

Good luck.

by
| | Reply
Post ID: @jtd+1kR6MR8y

I know it can be scary. I was laid off from Wells in 09. Best thing to happen to me. Came back about a decade later. And 09 was a rough time in the economy. I know it's easy to say dont stress. It will be okay - either way - and maybe lead to something much better for you. You got this.

by
| | Reply
Post ID: @nkm+1kR6MR8y

Post a reply

: