Thread regarding Wells Fargo & Co. layoffs

Signs you will be laid off?

Are there any tell tale signs? Or do they outright tell you?

Other hand, how do you know you are safe for now?

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| 1926 views | | 19 replies (last May 22, 2024) | Reply
Post ID: @OP+1sCb8Oqv

19 replies (most recent on top)

"The manager prob knew a week in advance lol. Don’t fall for the “I didn’t know”. They just aren’t allowed to tell you. Wake up ppl. These are not your friends."

This is total BS.

Managers may know in advance, but many do not. And for those that do know they are told explicitly that they cannot share that information in advance. It isn't a question of whether they are your friend or not, giving advance warning could jeopardize THEIR positions. All it takes is one ticked-off employee to go back to HR and let them know that their manager blabbed and now that manager is fired.

Would you risk your job to give an employee an extra 1 week heads up?

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Post ID: @2cml+1sCb8Oqv

Your manager cancels scheduled meetings with you, or declines your invitations.

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Post ID: @1xsh+1sCb8Oqv

Hiring people in hubs for teams that do not exist

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Post ID: @1xnb+1sCb8Oqv

Trust your gut instinct, that is the best inner sign. Now it is up to you whether you want to panic or stay calm.

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Post ID: @1bbz+1sCb8Oqv

Good thing you can identify as anything you want, at any time, eh?

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Post ID: @1mrp+1sCb8Oqv

If you’re over 50, and are a straight white male. That’s 4 strikes against you.

Downvote all you want, but it’s true.

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Post ID: @1mgd+1sCb8Oqv

Your location is a huge clue. If your site is not a core or specialty location for your LOB then you will most likely be laid off. Also, training your replacement in India is another clue.

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Post ID: @1buv+1sCb8Oqv

The name list has been confirmed 2 months ago. Stop silly guessing.

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Post ID: @llj+1sCb8Oqv

The layoffs name list has been confirmed 2 months ago. Don’t be silly guessing. Managers won’t tell you nothing.

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Post ID: @rcp+1sCb8Oqv

It depends on the situation. In MANY cases your immediate manager finds out the day before you do, and the only purpose of that is so you can field questions. Otherwise you'd get zero notice just like your employees. I've laid people off before, and that's always how it's been done in my group. The "you can't tell your people" phase lasts less than 24 hours. The company frankly doesn't trust managers to "sit" on information any longer than that.

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Post ID: @lep+1sCb8Oqv

The manager prob knew a week in advance lol. Don’t fall for the “I didn’t know”. They just aren’t allowed to tell you. Wake up ppl. These are not your friends.

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Post ID: @icx+1sCb8Oqv

The sign in front of the building that says “Wells Fargo” is the tell tale sign.

You are only safe if you’ve ever worked for JPM.

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Post ID: @skp+1sCb8Oqv

My friend who was laid off a few months ago, had no warning signs. He was working normally until his layoff meeting. His manager only knew 2 hours before he was let go..

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Post ID: @gbq+1sCb8Oqv

You're two up sorta stares at you. That is if you ever see him. Mine did after opening the place up after Covid

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Post ID: @kqq+1sCb8Oqv

@mou+1sCb8Oqv Also no I am not in a hub, I have been remote ever since I started with WF and I have not been communicated official details on when I need to definitively RTO or what they plan on doing with my role

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Post ID: @hcd+1sCb8Oqv

@mou+1sCb8Oqv There haven’t been any layoffs on my team. We are very small on the U.S. side. We do have some offshore members, but they do very basic work for our team.

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Post ID: @zuq+1sCb8Oqv

OP-have there been layoffs on your team? Are you in a hub?
Most of all-don’t worry about what you cannot control

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Post ID: @mou+1sCb8Oqv

If you're an American and not an executive, you'll be laid off. There's your sign.

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Post ID: @bhn+1sCb8Oqv

Stop asking stupid questions.

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Post ID: @pfu+1sCb8Oqv

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