Thread regarding Wells Fargo & Co. layoffs

Do lower managers know about layoffs ahead of time?

Ours has been acting really weird Thursday and Friday - being overly helpful but avoiding eye contact kind of thing - so now I'm a little scared of what might be waiting for me at work today.

Am I just imagining things? I know I've been a bit paranoid lately - but can you blame me?

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| 1202 views | | 4 replies (last May 29, 2019) | Reply
Post ID: @OP+ZgVJcoR

4 replies (most recent on top)

So not true! Generally they know an hour ahead of time

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Post ID: @2jll+ZgVJcoR

Many are told a few days in advance so they can parrot the talking points the company has come up with. Plus, higher ups can keep lower managers around to do the dirty work before they are also let go. Usually involves some bonus retention to keep them

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Post ID: @1rys+ZgVJcoR

Most lower level managers do not know unless they need to know for some security reason.

That you are paranoid is a problem everywhere in the bank and the bank is doing nothing to ease people's fears, because they win through attrition and save money on layoff packages.

It benefits the bank for you to feel bad. It's unhealthy for you, but Wells doesn't care.

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Post ID: @ucp+ZgVJcoR

Many know. You're not being paranoid.

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Post ID: @boj+ZgVJcoR

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