Thread regarding Wells Fargo & Co. layoffs

It’s taking everything for me not to completely lose it

I’ve been around the stagecoach a long time and thought I had built a nice career and great network of colleagues. Career might as well be worth nothing since I don’t come from Chase. Sorry I’ve been loyal and working hard over here! I truly am! Great colleagues are either “retiring”, laid off or just as stuck as me.

If I didn’t have a small child and spouse to support, I would get the he-l out of here, but it’s not that easy. People depend on me. Makes me ponder ending my misery and taking care of them with life insurance proceeds. I feel completely stuck, sad and scared.

And no, I’m not gonna call EAC. I’m gonna call my therapist and continue working on an escape plan. I can’t take much more.

What I wouldn’t give for a sabbatical or paid LOA.

If you are a young person reading this and just started your career here…run. Now. Before you build anything here.

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| 3377 views | | 30 replies (last September 6, 2023) | Reply
Post ID: @OP+1osiOrfw

30 replies (most recent on top)

OP many colleagues I collaborate with are securing LOAs. Several years ago I had similar thoughts while at another employer. And what energy and sanity I had left I called EAC for help. You are worth that phone call. You are more than the toxicity that surrounds you. Sounds like you've prioritized Wells for a while. It's a good time to make you the priority.

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Post ID: @1rfg+1osiOrfw

OP, looking at this board & the WS article, with CS "MIA", things might change or turn around soon. Hang in there, but still keep looking on the outside. Even if things change, it will take time to filter down into the culture.

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Post ID: @1yso+1osiOrfw

Sociopaths posting here: su----e is nothing to berate or mock.

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Post ID: @1aya+1osiOrfw

1st - stay strong and remember you family wants you, not the money. Sending love your way!

I understand because I am one of those caught in this predicament, and it su-ks. Keep your eyes open outside the firm if unhappy. Better jobs are out there when you are ready to reach for them

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Post ID: @1itm+1osiOrfw

I was in the same boat but I finally found another role and I resigned last year. It was the best decision I've made for my career in 20 years. My mental state is in great shape and my relationship with my wife and child has also gotten better too as a result.

Take small steps, it doesn't take a lot to prepare a resume nowadays, tons of automated tools you can use, start there. Put yourself out there on Linkedin and see what's out there, apply for a few roles just to see what the market is like, and get some practice on interviewing. The perfect role will come along, it may take months, and in my case years but know that you WILL get there!

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Post ID: @1ohj+1osiOrfw

Peace and blessings to you brother. I can't lie I often have thought of ending it all but the truth is my family will suffer greatly with out my presence. I try to occupy my time with things I truly like and try and avoid taking work home and negativity. I even avoid the ever draining news cycle.

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Post ID: @1gyu+1osiOrfw

Care less and collect your paycheck, or find a new job.

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Post ID: @1oqo+1osiOrfw

That wife and little one need you more than money. Get out and get yourself right, back to being “you”. Theres a lot of jobs. Take anything different, less stressful, get right then find that right job. A new environment and some time can make a huge difference…your family will notice.

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Post ID: @1sym+1osiOrfw

Wells Fargo cares about your mental health. :))))

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Post ID: @1xwl+1osiOrfw

OP I totally relate to your post. This place was once a good place to work for but these past few years since chainsaw took over have made working here a living he-l. I have been trying to muster enough energy to look elsewhere but this place has drained my spirit and I struggle. You aren’t alone there are others that feel horrible working here too. Try to think about things you are grateful for in your life to keep going. Take care

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Post ID: @1uxp+1osiOrfw

OP please take care. Long time ago I learned a lesson: only quit on your terms, don’t let them make you. Make it a mission to persevere, for yourself, and for your family. You have my warmest support and best wishes. We are all suffering because of this inept CS.

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Post ID: @1gic+1osiOrfw

Life Insurance does not pay out if one hurts him or herself. Seek help within the walls of Wells Fargo. LOA makes sense. If you have someone older in your life who you feel had a rough life but is now in retirement that person may be a good person with whom to confide if you don't want to discuss with your wife. Your child needs you every year he or she grows. Remember what your teen years were like? Do you want your child to go through them without a father? If you take a LOA, you can reassess your skill set and keep in mind that the job market is actually pretty good. If you are religious, especially Christian, reexamine your reason for being here. Keep in mind that other people in your life are part of that reason. Peace brother.

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Post ID: @1xqn+1osiOrfw

No company or job is worth sacrificing your personal well being. Please take care and put your health and best interest first.

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Post ID: @1rfb+1osiOrfw

@1trd+1osiOrfw

Exactly, yeah, i hesitated mentioning it because i know it's not good news. And your mileage may vary, of course. I think pretty much everyone gets approved for leave, but whether it's PAID leave or not is a different story. You can appeal the denial, but by then you've already told your manager that you're on leave and committed to being on leave. You can imagine how mortifying and demoralizing it would be to be denied paid leave and to then have to return to the job that was the source of your need for LOA in the first place. It's brutal. I think a lot of those folks just quit in response to the denial, or stay on leave and start looking for another job to get some income.

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Post ID: @1sar+1osiOrfw

OP I hope you read these responses of teammates and others, including myself who know the struggle is real around here. It may be really dark in your head and feelings, but you have made it this far and you will persevere through this. We all will. Take the time, get the support and know many are praying for you and all of us in this fight together. It harkens back to the team spirit that made this such a great place to work. One day at a time. You got this.

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Post ID: @1nhi+1osiOrfw

@qjt

Thank you for posting that info. That's pretty valuable to know for anyone that will ever apply for that. Much better to know that going into it than to find out the way you unfortunately had to.

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Post ID: @1trd+1osiOrfw

Wanted to mention that paid LOA may only be approved in extreme circumstances. The OP may qualify. But my partner was just denied pay for a mental health LOA because he's not in intensive outpatient therapy or hospitalized. He is seeing a prescriber and a therapist, but they didn't deem that to be enough. He's been with the bank for 8 years. Just mentioning this as i had always thought that the bank would have our back if we needed it. Nope. YMMV.

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Post ID: @qjt+1osiOrfw

Your kids & family need you as they grow up. Please take a LOA & reassess your life. Get out of this place. I thought I was set too, but had to leave due to ............................... The good people are leaving. Your state of mind comes first.

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Post ID: @haa+1osiOrfw

I wish I could hug you right now. You have so much weight on your shoulders, amd your feelings are completely understandable.

I often feel helpless at this company, too. But "you are not alone" is too simplistic and isn't my message to you.

This company is not worth the world losing you. You are worthy of being here and no company or job can rob you of how special you are.

I won't tell you to stay for your wife and child. I hope you'll stay for you. Even though I don't know you personally, I feel your pain and wish we could connect.

Look into LOA if it might help -- many people use LOA/short- and long-term disability for mental health. Tell your therapist how serious your thoughts are. Perhaps look into EMDR treatment (very effective for many).

Most of all, be kind to yourself. Give yourself compassion. You need to be on this earth for yourself above all.

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Post ID: @lqm+1osiOrfw

@OP+1osiOrfw - please continue to seek help and support. I know the thought of "I could just end it quick" is enticing, but that is never coming from a good place. Old stinky likes to entice good people w/ this evil thought. As a child of a father who "unalived" himself, I can tell you the pain and suffering you will inflict on your loved ones is 1000% not worth it. You can do this.
WF has a LOT of us by the cajones with salary, etc. to where we couldn't even make close to what we are here. Hang in there and don't ki-l yourself for this company (or any other). It is completely okay to tell your Manager you need to dial it back. For some weird reason, managers seem to like the folks that push back and say HE-L NO when they need to. Know your limits and stick to them. Once you define your boundaries and start pushing back, you will see change. And if that results in a displacement, thank the Lord He got you out and trust that He'll provide something even better for you and your family.

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Post ID: @xeu+1osiOrfw

OP- please go on LOA for mental health.

Your management will not know why, just approved LOA. If you have been here, long enough, you will have 100% pay for some time.

There are so many that understand every word you said; you are seen and heard.

These LOA’s are not full of red tape and go smoothly with the disability company.

Please consider, you are worth it, and time with your child adds peace.

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Post ID: @ivi+1osiOrfw

I feel this. I’ts awful that so many WF employees can also relate. Please continue to focus on a healthy WF exit plan. Take care of yourself.

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Post ID: @kwj+1osiOrfw

You matter and this job does not define who you are!
I too have been battling mental health all my life. I try not let things get too big and remembering all those who love me. I bet they would be crushed.

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Post ID: @kko+1osiOrfw

I promise you that no matter what, your family would much rather have you than a life insurance policy! I'm so sorry for how you are feeling right now, but please keep in mind that a new wave will follow behind the current one you're riding.

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Post ID: @agd+1osiOrfw

I understand your mental state over working here. Most of the people who peruse this site do as well.

That being said, don't you dare harm yourself over this place. You are not your job. This employer is not worth your life. There are plenty of other opportunities out there. May take awhile to find a good fit, but you will.

You are not the first person to be in this position. It is tough, but you will get through this and on to better times.

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Post ID: @bqq+1osiOrfw

You are in my thoughts and prayers! I am a new employee at a different financial services company and I feel your pain. I relocated and everything, have 10 years in my field or IT and was hoping that this would be a good move. I am bored out of my mind and more of data entry person (no offense to anyone). It is not what I was hired to do. Boss got let go (secretly) and mysteriously promoted 5 of his golden children before MIA. No heads up from the company to the workers. My co-worker has a LOT less experience in IT, but was made my boss. People getting laid off or just leaving ASAP. Not at all where I thought I'd be mid-end of my career. Of course had no idea of all the disfunction and organizational restructuring (staff reductions galore).

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Post ID: @opt+1osiOrfw

I am an SVP and sadly in the same boat.

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Post ID: @akr+1osiOrfw

You are not alone.

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Post ID: @fcu+1osiOrfw

Your not the only one to feel this way. In addition to your therapist, I recommend a career coach to help you frame your skills in the best light possible and rewrite your resume. So you can get out of here as quickly as possible. There is light on the other side. Best of luck.

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Post ID: @utl+1osiOrfw

It's not hopeless. That place ain't worth it. You can always quit.

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Post ID: @gdb+1osiOrfw

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