Thread regarding Wells Fargo & Co. layoffs

Can’t quit you…

After months of reading posts on this site, I got laid off on Tuesday. I was planning on giving notice after the bonus was deposited into my account in February, but then decided to wait until 3/19 to allow the promised EA reorg to run its course and see if it impacted me before I gave notice. WF did not disappoint. I was hoping for the layoff and glad it happened - yet something keeps pulling me back to this site. Maybe working here one day then being notified of my layoff and having my systems access cut off 30 minutes after the meeting is too sudden for my brain to process. I keep coming back and reading through the messages. Hopefully this will be out of my system next week.

Sorry everyone left standing has to dread the Tuesdays after payday.

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| 2075 views | | 6 replies (last March 11, 2024) | Reply
Post ID: @OP+1rtHVIjD

6 replies (most recent on top)

Go create an archspec if you need to scratch that itch for a while. Then make up a pretend project and have simulated project meetings for months with getting 10 answers from 10 people on the same thing so you don’t make any progress. Then do pretend sunrise process. So in about 9 months when your severance is over you’ll have accomplished the same as if you had been working the whole time.

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Post ID: @1vbq+1rtHVIjD

Well, now you are on the outside and looking in. Now you are at a new stage of your career. I hope you have upskilled yourself while "quietly quitting". If not you may be in trouble.
I started upskilling after Matt R. forced us to. I am glad I did -- since my new position requires advanced technology topics. I admit I inflated my "experience" part. Wells is so far behind in technology that it isn't funny. Fortunately, people don't know this.
CS knows he is in a bind and the JPM hires and consultants have sold him on the offshoring agenda as the next silver bullet - just like Agile, Cloud, low code/Service Now workflow, every other content management system, Okta, every major database system on the market. Wells has changed, and so has the market -- especially in tech.

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Post ID: @nvl+1rtHVIjD

Groups like compliance, EA , strategy & innovation will have a lay off for sure ( 2024 to 2026) . If you are in that group you will get your severance . Some portion of technology work will be outsourced . Those who stick round will have to work for new vendor with less benefits. TK is part time player in this transition.

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Post ID: @hev+1rtHVIjD

Congratulations for your "second bonus". I am hoping that I will be on that list this year too

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Post ID: @ozx+1rtHVIjD

Congrats! I hope to get my layoff soon too- I am sticking it out for the $!

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Post ID: @ext+1rtHVIjD

Sounds like someone’s got a case of the Mondays. Got get some green peppers from Chotchkys.

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Post ID: @ffh+1rtHVIjD

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