At least 59 people in Technology(from their notice)...from various locations... do not know the group composition but lot of Analyst, technical lead, and engineers. Heard this is first of many to come... stay tight.
Every single one of us should be actively interviewing
Not just submitting applications to feel out the job market, but actively looking for something else. Unless you're a masochist and enjoy being treated like cr-p and mentally tortured all the time. Because those are the only people who can still be... — read more
Why aren’t executives required to relocate to where their teams have a large presence?
Does location strategy not apply to them?
Severance
What's is the criteria for offering severance vs not? Will a rating of 1 in the yearly review disqualify you from severance? ( No PIP)
Have Wednesday layoffs started?
Do we know of any hits so far today?
Which departure category ???
Group has had lots of departures in the last couple of weeks. We’ve had some people just let go with no severance some people let go with severance due to job type, such as technology and some people let go due to relocation strategy. Seems like... — read more
downtown Greensboro NC
Any word on the downtown Greensboro NC office/tower? anything going on there? anyone left?
How much extra pay would make you leave?
An unscientific poll... I'd jump for about 20%. How about you...
California
Anyone heard about the Covina office? Everyone laid off in conduct management.
More Lawsuit
More suits for Wellsfargo
Charlie playing with our medical plans
Anyone else have their life completely destroyed because of Charlie playing with our medical plans. I had my meds changed and its caused my life to turn upside down. I've had to take tons of time off finding new doctors, having my medicines changed... — read more
Can any managers out there comment on if upper mgmt is actually considering co-location exceptions?
In a few of the town halls, I heard comments about manager requested co-location exceptions. Can any manager comment on whether upper management is actually considering these realistically or is that pretty much not going to happen?
Anyone else just mentally checked out?
Layoffs have been a regular occurrence and constant threat since 2021, with those that remain expected to pick up the slack. Raises and bonuses are pathetic. RTO has been absolutely miserable and waste of time. Jobs are constantly outsourced to... — read more
This is just the beginning
Other dates in March are rumored as well. How many will be impacted in total, any idea?
Unemployment
Does anyone know if you can collect unemployment after your severance period?
Pre notice
Is it better to get a pre notice you’re going to be displaced. Or just get the notice.
Sioux falls office
Any word on the sioux falls office?
The stagecoach is out of control…
More layoffs? Would be nice to be informed. Just saying.
Displacement Process?
Just got hit this morning, trying to figure out this process as the 14 PDFs they sent via their offboarding portal doesn't have sh-t common sense wise. Can someone advise? What I understand: I get 60 days as a displaced team member I will... — read more
Global Tech Town Hall
TK wearing her ringmaster jacket trying to look like she is in charge of a circus. Or perhaps she is channeling Michael Jackson?
TK Townhall Mega Thread
Let’s hear it
What do we know so far?
Can people please share, if nothing else, BDs where layoffs have started? It's hard to believe that only a single person has been laid off so far.
Stop the gaslighting propaganda
No, I won’t ‘love the well life’ when my job is threatened to be replaced by India and I have to drive past two locations to get to my assigned location. This company is tone deaf.
It is starting...
Not sure how many layoffs will happen today, but they got me already this morning - in enterprise architecture.
Layoffs will not let up anytime soon
Layoffs have been ongoing pretty much through 2023 (typically the Tuesday after payday) and doesn’t seem that they will let up anytime soon. As to co-location displacements, from a tech perspective, wave 1, aimed at remote resources, is 2nd quarter... — read more
I'm a mess
I can't afford to get laid off right now. I can't afford to lose my medical coverage. It's not an option for me right now. Not to mention, I think the job market hasn't been worse in years. Who knows how long it would take me to find a new job. I'm... — read more
Manager getting laid off, likely
It cracks my a-s up, that you’re gonna give me a “meets inconsistently” after leave for surgery, never got a bad rating after 28 years, but now! I took on coding and wasn’t getting paid for it and did major projects, but he told me that I just... — read more
I❤️RTO/Location Strategy
some of the best moments of my career were when I was in the same office with my entire team. lots of comradery and lots of career growth. I'm hopeful that getting people into the office and co located will bring some of this back.
I’ll go nuts from anxiety
We are constantly under threat of layoffs. Also, we are constantly being jerked around with RTOs, location strategy, cuts and reorgs. Then you have a week like this, when worrying and panic go through the roof because of the uncertainty and tension... — read more
Signs…
Are there any signs or anything you can check before a layoff? Or does your manager just push a button after your meeting and you are locked out of everything and become homeless
Peeps layed off in the last week-no severance
Apparently RTO requirements not met
TK town hall tmrw
Does anyone honestly believe we will find anything out tomorrow? I am sure they will just string us along and not give us any answers whatsoever regarding our own positions.
So many question surround Risk
When do the layoffs begin? Why are there disproportionately high number of sr managers, directors, and senior execs? What’s the location strategy? Why can’t we be at least as effective in managing operational risk as our peers? Why is there such high... — read more
New villain
One thing w all the location strategy posts, people have stopped complaining about RTO.
Any anonymous dogooder have any REAL info about tomorrow?
Due to the anonymity that this site provides, anyone can pretty much make up anything. Does any lurker have anything tangible that they’d be willing to post? Like, you know things are going down tomorrow and you know specific areas of the bank that... — read more
Update today 3/4
So are there mass layoffs this week or not? What's going on?
System access after getting laid off?
The company used to have 30 day working/30 day non-working when laid off. Now you're gone the same day. How does access to 401k etc. work after you're removed from access? I'd think your displacement packet would have key numbers for say 401k... — read more
Last minute meeting with my boss tomorrow
Dang my boss has sent out a meeting invite last night. Scary.
Blood Bath 3/5?
Anyone here anything about tomorrow?