Thread regarding Wells Fargo & Co. layoffs

Currently on weekly check ins

manager has been giving me weekly performance check ins and says i haven't been improving.

Do you know what happens next? I am guessing bad rating at year end and then getting corrective action warnings and fired early next year? is it possible to be fired sooner than next year or be fired without corrective action warning?

location usa


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| 442 views | | 25 replies (last 4 days ago) | Reply
Post ID: @OP+1m5d3gae1

25 replies (most recent on top)

@sc+1m5d3gae1 The way that Management has turned has left a lot of people in the dark & catching up to the deceit of the company.

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Post ID: @2zt+1m5d3gae1

I was told I had to have those meetings with anyone on my team not meeting expectations. It’s an HR add for upper mgt to have options. I never had to fire anyone. I got punted out though with 0 evals below expectations.

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Post ID: @2xv+1m5d3gae1

I went through 4 yrs of he11 (think frog in a pot) gaslight, bonus and raise taken away, IC performance then escalated to warning and check-ins despite " having work better than my peers" yet it ended in firing after nearly 17 yrs. I was forced to take SS at 62 yrs old because the job market is terrible. Now I am being sued by WF for my Personal Loan. I have over 70k credit card debt and 160k student loan debt I can not pay due to lost wages. I have a vehicle I purchased 2 mo prior to firing and after exhausting most of my savings and pension that will be soon gone. I never planned or caused this. If I file bankruptcy I lose my other car that I inherited from my parents death (had to give my sister cash 7300 from my bonus in 21' before the nightmare started) I owe nothing on and will be my only vehicle. I was not ready to retire. WF will take everything from you including your dignity, your inheritance and your livlihood.

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Post ID: @10g+1m5d3gae1

@f7 Same. What does this performance goal measure exactly? I was accused of insubordination, told I have a bad attitude and obviously targeted for next round of layoffs.

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Post ID: @107+1m5d3gae1

@sc HR is not your friend. Start looking for a new job anywhere else.

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Post ID: @106+1m5d3gae1

Whatever you do, I would strongly advise against going to HR to ask for advice.
Based on my experience, after I raised concerns about the way my manager was treating me, the situation became more difficult. I left on my own rather than risk being fired. Performance review did not align with my current role. It was inaccurate. Almost as if written with “co-pilot”. During my review the manager referenced my salary and that it was very high. I found that to be very odd!
A friend who is a lawyer read my documentation and felt I could have sued or fought for a severance package. I chose to walk away with my dignity. Didn’t want my name dragged through court, etc. I had a clean record and good reviews for over 18 years. New manager and suddenly I’m not performing. If I wasn’t performing then why did I receive many ecards from other managers thanking me for helping them. The way my manager treated me was awful! Never have I been treated that way by any manager! As mentioned above going to HR only made the situation worse! It’s sad that a job I loved turned into a nightmare.

I wish you luck with your situation. Stay strong!

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Post ID: @sc+1m5d3gae1

this is the playbook

its contrived

whistle

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Post ID: @pk+1m5d3gae1

@fa there’s no such thing as a PIP in the US anymore

Informal warning, formal warning, termination. Don’t need to go thru all stages - can start with formal and move to termination if no improvement in 30 days.

Also can be terminated if weekly check-ins are in workday documenting failure to improve - without a formal warning.

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Post ID: @mc+1m5d3gae1

The check ins are in workday, not say 1 on 1's? That seems excessive, and sounds like they are setting you up.

I was in a.sorta similar situation after an IM end of year, but got out of it somewhat. Manager still absolutely singles me out, and rides me more than the rest. It 100% is so I can be the fall guy if needed, as I do not work in the same location as him and most of the team.

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Post ID: @jv+1m5d3gae1

@e0 did you get severance?

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Post ID: @g8+1m5d3gae1

UR getting let go without severance. Managers now have a quota to may.

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Post ID: @fj+1m5d3gae1

@OP The feedback sounds subjective and anecdotal. Are you on a PIP? They are not legally required but WF typically utilizes them; unless CAs are under guidelines vs policies.
Nevertheless, ask in writing why you have not been placed one.

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Post ID: @fa+1m5d3gae1

@a6 I asked for clear goals and was fired on the meeting I called for clarification lol. This place su-ked.

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Post ID: @f7+1m5d3gae1

There are other banks that treat you better and pay more, rip off the band aid and start looking. WF is just a paycheck

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Post ID: @f4+1m5d3gae1

Listen to the trend here. They have you on a list and you won’t win the fight. Start looking for another job.

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Post ID: @f2+1m5d3gae1

This is a sign they’re trying to get rid of you without severance. Start looking if you’re not already doing so.

A colleague of mine is in the similar situation

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Post ID: @ew+1m5d3gae1

the more & more they are able to document performance issues in Workday, the bigger the case they can make to fire you without severance.

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Post ID: @ea+1m5d3gae1

@e0 Fired or displaced with severance?

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Post ID: @e6+1m5d3gae1

@e0 Same here, manager keeps moving the bar higher, I cannot win, this person has me on a list I have no doubt.

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Post ID: @e5+1m5d3gae1

This happened to me. I improved on everything but manager just kept moving the bar to make it impossible. I was fired about 2 months after the weekly check-in’s started. Get out of there quick!

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Post ID: @e0+1m5d3gae1

@a3 but wouldn't he be giving correction actions first?

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Post ID: @a8+1m5d3gae1

@a3 agree.
Put everything in writing. Clear goals. How did you meet it. Send by email And put in workday. Workday entry will disappear after two months if your manager does not acknowledge it Which they tend to ignore it

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Post ID: @a6+1m5d3gae1

that is termination sign

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Post ID: @a5+1m5d3gae1

Foreign manager?

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Post ID: @a4+1m5d3gae1

Sorry to hear this. You'd don't say of this followed a bad mod year rating or not. Assuming it didn't, then you can expect a poor end of year rating and impacts to your pay.

However, of your manager is staring you are showing zero improvement and she/he is documenting this in Workday, they are likely building a case to dismiss you. Hate to say it, but you could get terminated for performance (no severance) before year end.

Make sure your manager is giving specific goals that are relevant to your job. You should also be able to comment in workday on your managers feedback.

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Post ID: @a3+1m5d3gae1

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