Thread regarding Wells Fargo & Co. layoffs

Ultra Layoffs

December


by
| 3221 views | | 13 replies (last December 13) | Reply
Post ID: @OP+1kafpmbtn

13 replies (most recent on top)

Managers of employees fired for cause (i.e. performance) need to be the next to go if they didn't have a PIP in place or do any kind of performance management. Isn't that literally their job??? So many "managers" in name only in this place not doing their jobs!

by
| | Reply
Post ID: @3kv+1kafpmbtn

@c8 I was fired for inconsistently meets no warning, write up or PIP.

by
| | Reply
Post ID: @3jf+1kafpmbtn

@bb I was fired 2 weeks ago for inconsistently meets. Over 20 years one year at inconsistently meets, no writes or PIP. I disputed my firing and was told it the firing was done per Wells Fargo Performance Policy. I asked for documentation to support this and was told it was internal document and they could not share it with me

by
| | Reply
Post ID: @3eh+1kafpmbtn

How can people still not know the difference between a layoff and fired for cause ? Below is a cheat sheet. You can also search for it

Voluntary: you decided you are leaving
Involuntary: they decided you are leaving

Involuntary has two categories:
Layoff - what 99.999% experience here and get severance
For cause: performance, misconduct etc. they better have some documentation

by
| | Reply
Post ID: @m8+1kafpmbtn

@bb yes, I was just fired yesterday along with about 7 others in business relationship management after hitting my sales goals last quarter. Their own rules dont apply anymore

by
| | Reply
Post ID: @hb+1kafpmbtn

Nah

by
| | Reply
Post ID: @df+1kafpmbtn

Like several other people have already said, it’s a big process to get terminated for cause. Almost everyone gets laid off - you can read about it, the process to terminate us published

by
| | Reply
Post ID: @d9+1kafpmbtn

@c8 this is false. Consecutive cycles of poor performance can equate to termination.

by
| | Reply
Post ID: @d7+1kafpmbtn

firing for cause based on performance is a time consuming endeavor which takes a lot of paperwork. even with the days and hours in office there are multiple warnings and opportunities to correct before they finally let you go.

by
| | Reply
Post ID: @cv+1kafpmbtn

@c8

Yes, in normal times and when WF was a normal company. Now WF has the "I'll do whatever I want and justify it some way" mindset. Take nothing for granted at this company, including their own stated policies/procedures.

by
| | Reply
Post ID: @c9+1kafpmbtn

@bb you should read the employee handbook or search for performance reviews on Teamworks . Before you get fired for an IM rating manager needs to give you a verbal warning, next open a corrective action which includes a plan to allow you to improve performance. There are other factors as well. I’m only stating the basics.
I am not an HR specialist but I’ve done quite a bit of reading about this subject.

by
| | Reply
Post ID: @c8+1kafpmbtn

Anything for HR?

by
| | Reply
Post ID: @c6+1kafpmbtn

What departments? And I heard people with inconsistently meet is being fired not laid off?

by
| | Reply
Post ID: @bb+1kafpmbtn

Post a reply

: