Does anyone have any intel on when the Billings site will be shut down? I am trying to decide if it is worth sticking around for severance.
7 replies (most recent on top)
Why wouldn't you wait for severence? I'd be looking for a great opportunity but if the perfect role doesn't come by, let WF pay you for a year or however long you bet based on years of service before you have to worry about it. Get your share of that 750 million to 1 billion in severeance costs!
I think that's only a question you can answer unfortunately. I myself, am looking, just incase something amazing comes up. However, depending on your years of service (I have 18 years), I don't want to lose that to help me look while still "getting paid". If it was 3 or 5 years, I likely wouldn't be as vested in waiting.
It’s being kept as a “specialty site” for now but that designation will be reviewed every few years to see if it still makes sense. WF owns the building and the area differential for salary/hourly wages for employees in Billings is a 3 whereas the main “hub” sites are all 2s or 1s. So the cost of labor in Billings is much less expensive than in the hub sites. No sense in closing the site any sooner than absolutely necessary.
Year and. Half at most
Mmm...buffalos
Is it Hudson Yards? Then it's closing down. Just a matter of when.
Heard that everyone in MT is being laid off this year, as it isn’t a hub for any business or the bank itself.