Thread regarding Wells Fargo & Co. layoffs

First Day After Layoff

Woke this morning, at 8:10 am by the way, got my coffee and decided to write my first and last post on this site. Got my layoff notice on a conference call yesterday. I was in the office but my boss and HR person were WFH. Call was at 10:00 am and I was told my access to the system was being turned off at noon and access to the building removed at 2:00 pm. Not shocked at all. I was using shared space so not like I had personal stuff there. I was gone by 11:00. Already have my new job lined up. Will wait out the 60 days and enjoy the holidays for once. New job is a higher level but with a non profit so pay is less. With severance I will be equal for the next 3 years and who knows from there. It was a pleasure working for FUNB, WB and WF for 22 years. Made a lot of friends, worked in a lot of different areas, lots of merger work, and generally loved coming to work every week. The last 3+ have been he-l. Stack ranking my team and being forced to rate some a 2 regardless of whether they met all goals was the final straw. Being told to make work assignment changes to try and drive people to quit. Having to assign work to IP where I ran into the worst trained (being kind) people I have ever employed. Working on projects for over a year and having many, many Agile change installs but never reaching the original goal of the project thus no new revenue. Amazing that our leaders look at numbers on a page that tracks change and call this success. Stay focused on your next job and goodbye.

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| 4718 views | | 13 replies (last November 17, 2023) | Reply
Post ID: @OP+1pBNjP2U

13 replies (most recent on top)

Sounds like a nice ride on the stagecoach up until the end. Good luck with that next gig.

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Post ID: @2kzd+1pBNjP2U

Goodbye!

Thanks for the memories.

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Post ID: @qcw+1pBNjP2U

What LOB???

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Post ID: @tls+1pBNjP2U

Nice … I have also been lining up another job and it looks good for Jan. New employer is cool with me waiting for the bonus payout. Will take a significant pay cut but job is remote with no travel. I am 2 years away from retirement, so all good. I have had enough of WF after 8 years.

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Post ID: @upg+1pBNjP2U

Awesome for you! Enjoy the holidays finally! (almost sounds like Tom Brady's retirement - never home for the holidays)

For the rest of us less fortunate that do not have something else lined up or too tired but not too old to keep trying, hang in there!

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Post ID: @jig+1pBNjP2U

We need more of this style of postings, thank you OP. If my day arrives, I'm not sure I can willfully come back here and contribute. Very big of you on offering perspective.

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Post ID: @mjb+1pBNjP2U

Awesome to hear, wish you the very Best.

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Post ID: @meb+1pBNjP2U

Good luck in your next job

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Post ID: @qvz+1pBNjP2U

Wells Fargo toxicity can ki-l. Save yourselves if possible. It's not going to get any better under Charlie and his band of clueless.

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Post ID: @rox+1pBNjP2U

Well written, cheers from the cube farm!

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Post ID: @mid+1pBNjP2U

Good Luck. God Bless.

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Post ID: @rix+1pBNjP2U

Trolls say layoffs aren't happening, so it must be true. Someone wake up the HR disinfo farm, they are dropping the ball on denying OPs existance.

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Post ID: @hbe+1pBNjP2U

Agile changes but never reaching the original goal.

This is a mouthful of a problem. One, if you using agile methodology you most likely will not the original over arching goal. Goals will change which is why you do two week sprints to get done what you can get done.

I personally think agile could prove risky lead to never ending projects and become ongoing work task.

Projects become operational work if not careful.

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Post ID: @vkr+1pBNjP2U

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