My coworkers were discussing the strategy to beat layoffs at Wells. One recommendation was to do just the minimum work without quitting. My coworkers and myself have confirmed by multiple sources May and June are the most dangerous months for our team. And we are helping out each other prepping for tech interviews. What’s your strategy?
9 replies (most recent on top)
My manager is the reason why I quiet quit.
This is the time to be selfish. Work on yourself. Be corporate you. Act and believe that you have been laid off. What do you think you should do? Prepare for the end of severance payments. Work on your skills. Realize that if you want to stay in banking you should be learning all about AI. I believe that only the AI First banks will thrive in the fourth-turning environment of the future. www. mckinsey.com/~/media/mckinsey/industries/financial%20services/our%20insights/building%20the%20ai%20bank%20of%20the%20future/building-the-ai-bank-of-the-future.pdfDinosaur
www. ksolves.com/blog/artificial-intelligence/how-is-ai-reshaping-atm-cash-optimization
Between quiet quitting people looking for jobs, and people paralyzed by fear of a layoff striking them next, it's a miracle that anything is getting done right now. Inevitable and obvious result of failed leadership. Bound to happen. We need new leadership in the worst way.
Post from TheLayoff.com
I’m with you. Literally until 2 minutes before my surprise meeting, my boss was trying to extract information from me. In my previous role, I carried the load of the entire team, including my boss. I was the one who got issues done and was the POC for the majority of our partners. I did countless rounds of after hours testing and always delivered. I was good at what I did and my reward… more work. Looking back, I wish had allowed some things to fall between the cracks and let a few of those outright fail. It wasn’t as if I was getting credit or acknowledgement. My boss and his boss took the credit.
The only way this is going to change is when the executives start having to be accountable for the toxic culture they’ve cultivated. Anyone who is going above and beyond for WF in 2024 really needs to reassess their commitment. They will bleed you dry, drop you like a bad habit and then laugh about it in a team meeting later.
I had a coworker get saddled with an ungodly amount of work and they put in the long hours to get it done and then they were laid off. The manager was just trying to milk every bit of work they could get out of them before the layoff. Quiet quitting is a just response to such an unethical employer.
I'm with the quiet quitting crowd, cause i sure wish i would have followed that group. I was in tech and the highest performer in my group. We were all told by our manager that based on our workload there was no way we would get let go. pffffffftttttt. Fat chance as I got canned and some of the knit witts I worked with, all quiet quitters, did not.
Why do you feel that would work? They would want to keep the more productive workers.
I also hate how some people say wait for the severance. If you have 25 years or experience or are close to retirement sure, but if you have only been here 4-5 years, you really don’t get much and it’s hard to find a job now. I encourage anyone who is worried about layoffs to look externally as much as possible (esp if you don’t have a lot of severance). It will take a while to find a job in this market.
What? You're not beating anything, just find a new job somewhere else if you're worried about it. Personally I'd stick around for the severance.
oh no no no no.....you can't beat a layoff that has already has been decided!!
Just quiet quit...accept whatever happens.