Thread regarding Wells Fargo & Co. layoffs

Tuesday Layoffs

If impacted by a layoff today, please list location and line of business on this thread.

by
| 5831 views | | 15 replies (last October 3, 2023) | Reply
Post ID: @OP+1oUwUffE

15 replies (most recent on top)

Employers could be fined up to $500 for each day of their violation. However, employers can avoid the fine if they compensate the employee with back pay, the full 60-day pay they would usually receive, and benefits they were previously entitled to within three weeks of the layoffs.

Even if an employer disburses 60 days’ worth of pay, it still violates the WARN Act if it didn’t give a 60-day notice. However, employers likely won’t be penalized for violating the law if they offer severance (as well as the benefits the employee would normally receive during their tenure) because the severance may be equal to the penalty the employer would incur by breaching the WARN Act.

by
| | Reply
Post ID: @muk+1oUwUffE

Chicago Stamping and Lima, Ohio Engine plants. Thank you UAW

by
| | Reply
Post ID: @rtq+1oUwUffE

@kwe+1oUwUffE If an article is posted online from a news source which still prints neqwspapers, what the heck would you call it? Sorry I triggered you today.

by
| | Reply
Post ID: @anb+1oUwUffE

Warn notice would have to be filed to give a 30 day notice of layoff. Wellsfargo has been giving 60 day non working notices to employees. This means if they notified people today, they have 30 days to file the warn notice. This has been discussed several times here.
Newspapers? What's is this 1990? I'm sure online posts will surface soon.

by
| | Reply
Post ID: @kwe+1oUwUffE

The team member in DSM that spams downvotes on anything remotely pro union here was let go, very sad. It doesn’t save WF any money though since he was doing it for free.

by
| | Reply
Post ID: @pjc+1oUwUffE

@gfe+1oUwUffE, 900 laid off in Des Moines today and no WARN notice? No newspaper article? Hmmm...

by
| | Reply
Post ID: @ppz+1oUwUffE

Sioux Falls staff- several laid off.

by
| | Reply
Post ID: @isp+1oUwUffE

900 cut in Des Moines. Blood bath.

by
| | Reply
Post ID: @gfe+1oUwUffE

Over 500 cuts in Richland county expected in 2024

by
| | Reply
Post ID: @bxj+1oUwUffE

Technology in Charlotte and Chandler

by
| | Reply
Post ID: @fev+1oUwUffE

bep+1oUwUffE - it is a pity those who can't speak English still have a job

by
| | Reply
Post ID: @ero+1oUwUffE

Janitor in Minneapolis because he used the wrong cleaning supplies

by
| | Reply
Post ID: @bqj+1oUwUffE

I shared this in another thread…
About half of the procedure management team in mortgage servicing got let go. Moving a majority of the process to India. Impacted about 30-35 people.

by
| | Reply
Post ID: @lgp+1oUwUffE

Look, first troll of the day!

by
| | Reply
Post ID: @rss+1oUwUffE

Cafeteria cashier got laid off for not satisfacting they customers.

by
| | Reply
Post ID: @bep+1oUwUffE

Post a reply

: