Good advice (with some much needed positivity)

As someone that was recently let go by WF, I had many of the same concerns around pay, finding a comparable job. But the job market is excellent. One of the things I heard repeatedly from recruiters and hiring managers is the difficulty in finding good candidates. I ended up receiving multiple offers from competitor banks. And the best part, I ended up with a 25% bump in pay.

Things I did that really helped included networking with anybody and everybody. Let your friends know you are looking for a job. One of mine connected me with the CEO of the local bank. Make sure your resume is professionally written and your LinkedIn profile is up to date and complete. LinkedIn is the single best tool for recruiters to find you and you’ll need to spend some time learning how to leverage its power. I watched several YouTube videos on LinkedIn. And lastly, make sure you know what position you are looking for or what type of job you want. This took me some time but it really helps recruiters target you to the right jobs and companies. Enjoy the journey. It’s not as scary as you think it will be. After I started to see the response from prospective employers, I relaxed and started to enjoy the process. Have fun!

Made into a thread from @XKLjMqY-5nbs so more people can see it. I hope the OP doesn't mind.

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As someone who was let go 7 months ago and has yet to find remotely comparable employment without having to commute hours and hours every single day...

If I could do it all over again, I would have immediately expedited my search and did everything in my power to get moving before they moved me. Unfortunately, our lay-off came as a shock because there were absolutely no signs pointing to us being let go. I know the thought of waiting around on severance seems like the move, and it probably is if you’re getting 6+ months or more and live in an area with a lot of opportunity in the field. I overestimated my employability based on my numerous promotions I’d received over my time at Wells Fargo. Huge mistake that I hope nobody else does unless you truly are that special and hold all of the certifications and education other companies covet. I think one of the biggest dreams your sold as a leader is that your skills will translate anywhere. In essence that’s true, but other companies would prefer you know all about their business AND have the leadership skills.

I’m the original poster of this. I spent 25+ years at WF and really love the organization. WF really has some of the best and brightest individuals in the industry. But the last couple years have really been tough. I didn’t realize at the time how much the low morale, constant re-orgs, bad PR, constant threat of layoffs was weighing on me. Now that I’ve been away from WF, I can see how the industry is operating normally and WF really is messed up. When I say the industry is normal, people are positive, excited to go to work, delighted to help customers and doing the right thing is just how they roll. I’m so glad that I went through the lay-off process and now at a much better organization. It saddens me to see how management screwed up WF but glad I’m not there now too. If you are worried about your job, make a plan to escape WF and work your plan daily. Life is too short to endure never ending bad news, re-orgs and concerns over job security.

Thank you for the great advice. I have found that sometimes you have to move away from your beloved home town, due to a lay off, etc., Move to a different city in order to find a job in your area of expertise, and get that huge pay raise that you mentioned can happen.

Thread regarding Wells Fargo & Co. layoffs

Good advice (with some much needed positivity)

3 replies (most recent on top)

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