Who determines who gets laid off at Wells Fargo? Is it direct supervisors or is it somebody higher up who has no idea how good or productive an employee is and only looks at a bunch of numbers to make the decision?
Judging by the people we've been losing, it's the second option, but it would be nice to know for sure.
Does it appear that employees over 50 are bearing the brunt of downs-sizing? Or that they are getting pushed out the door for "performance issues"?
When i was "displaced", my manager was not asked for any input. Also, I was the only person on the team over 50, and the only one to be laid off.
That is true about weeding out the bottom feeders, but as a former manager at swells, be rest assured it’s incredibly difficult to fire someone unless they miss work unscheduled. Performance is incredibly tough to to terminate with unless it’s a position that has clear, defined standards and goals that are definitively missed while others hit them.
HR makes the decision to ensure diversity and inclusion standards. They do look at performance as well as tenure. If front line managers did a better job of coaching out the bottom performers it could prevent some layoffs. Instead, a layoff happens and the good people go and the bottom ends up staying at times.
It depends.
When looking at chopping an entire team/department/site - the decisions are made by the big wigs based on reports completed by grim reapers from the global program management office, who are employed to dig into the numbers and find ways to be more “efficient”. That typically means shipping the work overseas or to locations with lower pay tier. However the grim reapers cannot grasp the nuances of the business in the short period of time they spend with the teams and managers. They end up making decisions based on $ without knowing the full scope of risk associated with moving processes.
When it comes to the one off layoffs where teams are downsized, the department heads typically have some say in the matter and make those decisions based on feedback from the managers under them.