Until we all get the boot to the unemployment line. Banking is getting as bad as retail & fast food, lousy pay, zero job security, bad management & (fill in the blank). Think I’ll Apply to be a Walmart Greeter. This is the way. — read more
So, basically a months of turmoil and anxiety ahead of us
I may actually be satisfied if laid off. Who needs that stress? And it will push me to move on.
Layoffs = more work for remaining staff; so SLOW DOWN....
If you didnt get at least a 20% pay raise and your boss dumped additional work on you then you are getting shafted. I recommend looking up how to take leave (disability or family medical) or beginning a job search someplace else out of this... — read more
Waiting for the Fallout
Relocating small offices and remote works will make things more toxic for those that remain. The business will suffer and India will not be able to replace seasoned US bank workers. Good Luck Charlie.
Wells Fargo announces more layoffs in the Des Moines metro. How many jobs has it shed?
The company has posted a notice on Iowa's Worker Adjustment and Retraining Notification, or WARN, website that it is cutting 22 employees The announcement, which was effective Tuesday, follows the announcement of 36 layoffs on Feb... — read more
The layoffs peak
March til May
Document Capture
Is the rumor true that imaging is going to a 3rd party Iron Mountain?
More to come
Looks like May 14th will be a large hit at Wells Fargo. Rumor has it that the notification to workers will be this coming Monday. Zero talk of Severance yet.
St Louis
Does anyone know when St Louis will be hit?
CIB
Has CIB announced their core/specialized locations yet?
Iowa WARN Notification 03/05/2024
Iowa WARN Notification for 3/5/2024 was posted this morning. It shows a total of 22 souls impacted in the Jordan Creek site. So far, a total of 67 team members have been impacted for 2024.
I am laid off yesterday
I am from Technology. Severance pay is 2 months + 3 months.
Thanks for the info on this site - parting thoughts
Yesterday I was laid off. I actually am glad this happened because I was ready to quit even without another job - I hated this job and this company that much - the worst in my career. The role and the company were far different than I understood when... — read more
Tuesday update
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