Thread regarding Wells Fargo & Co. layoffs

LinkedIn "Open to Work"

Doing my normal checks through LinkedIn this morning and came across several Talent Acquisition folks that changed to having the green banner that says "#OPENTOWORK". Started digging in further and found at least two managers and what looked to be their teams all in the same situation. All of them posted yesterday (Wednesday 8/9) that they had been let go due to their location on Tuesday (8/8).

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| 2401 views | | 6 replies (last August 13, 2023) | Reply
Post ID: @OP+1o2MYQTN

6 replies (most recent on top)

This round of layoffs was targeted at full-time remote workers (myself included). It was, per my own manager and several others I spoke to, not at all performance based - it was entirely "location" based. Every displaced employee I connected with had been 100% remote.

Honestly, I was not surprised. Pre-Covid, executive leadership made it clear they loathed remote workers, no matter how effective, and wanted the practice ended. Covid stayed that goal for a while, but they want bodies in buildings, for whatever nefarious and stupid reason.

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Post ID: @3svh+1o2MYQTN

I believe its a good idea, I saw a recruiter that was laid off getting a lot of support from linkedin community and even interview offers!

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Post ID: @zjv+1o2MYQTN

All seems like noise that would not affect an individual worker's decision to stay/go/prepare one bit. Shades of gray with everything posted online.

Trust your gut, no matter the company or other people's circumstances.

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Post ID: @rzx+1o2MYQTN

How stupid.. let's just advertise to the world that you were terminated...

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Post ID: @lev+1o2MYQTN

I saw a few as well. Looked like recruiters. And at least one mentioned they were laid off b/c of the hub strategy. Like recruiters need to be in a hub. I have never personally met with a recruiter-- always on the phone.

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Post ID: @duz+1o2MYQTN

I went out and checked and sure enough, you are right, there are a bunch of TA recruiters out there open to work.

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Post ID: @xoh+1o2MYQTN

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