Thread regarding Wells Fargo & Co. layoffs

Severance- 2024 Benefits Book is Live

The 2024 benefits book posted this morning. The rumors were wrong- severance has not changed and we still get two weeks per year of service.

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| 3001 views | | 14 replies (last January 4, 2024) | Reply
Post ID: @OP+1qmki2yb

14 replies (most recent on top)

Correct severance has not changed and 60 days non working notice still in effect. Displacement policy has not changed…as of today

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Post ID: @3maf+1qmki2yb

Post ID: @1dof+1qmki2yb

You may have a job right now… but a glaring reality is that your newly backfilled and in a hub peers will replace you/peers who are remote. And the surviving peeps will eventually be replaced by India and Philippines. WF food chain.

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Post ID: @1elw+1qmki2yb

@1vvi+1qmki2yb Read the whole section on severance and your question will be answered.

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Post ID: @1ltn+1qmki2yb

It doesn't mention 2 months + Year of service, just years of service. Does that mean they won't provide the first 2 month?

If that is the case, that is a big change...

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Post ID: @1vvi+1qmki2yb

What the severance plan changes that have been posted here for years wasn't true? Just like the rest of social media hardly anything on here is true.

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Post ID: @1yal+1qmki2yb

Don’t worry it will still be rumored and asked about every other week.

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Post ID: @1lnt+1qmki2yb

@lnj+1qmki2yb Another thing not to believe is that all WFH employees are being laid off, and all jobs are going to I&P. Most of my entire team is remote. The laid off all non hub people, but the rest of us likely fine, at least for another year or two. They aren't going to lay an entire team off overnight. They could make another pass late next year, but we just backfilled all the roles in hub locations so the jobs aren't being offshored.

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Post ID: @1dof+1qmki2yb

@lnj+1qmki2yb
Actually most of us have gotten our RTO days increased and enforcement threats of various kinds. At least everyone in my building certainly has.

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Post ID: @epu+1qmki2yb

2 things to consistently not believe on this site 1) severance plan change 2) RTO policy changes

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Post ID: @lnj+1qmki2yb

how shocking that something posted here was incorrect.

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Post ID: @czz+1qmki2yb

Like this will stop the weekly post about it changing.

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Post ID: @taw+1qmki2yb

Thank goodness!

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Post ID: @zjo+1qmki2yb

And people say Charlie’s a bad guy!!!

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Post ID: @vll+1qmki2yb

Thanks for checking and confirming OP. How about we all resolve to fear monger less this year and help more. Happy 2024 everyone. Hopefully we all get what we want this year.🙏🏻

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Post ID: @wma+1qmki2yb

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