Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

How do they do it? Is it a call with your manager?

Whoe else is on the call? Do you need to see her in person? What's said? Were you asked any questions. Do they take your equpiment immediately? Do you have a chance to ask questions? So many questions....

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| 2860 views | | 5 replies (last October 28, 2020)
Post ID: @OP+17DagYpL

Advice

Advice - Get your resume out ASAP - it's always wise to leave a sinking ship. I left a failing high-tech company [ I resigned ] long ago when the "writing was on the wall" - it was the best career move of my life. I never looked back, but I did pity... — read more 

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| 854 views | | no replies yet
Post ID: @OP+17DW7gkX

Home Lending

Home Lending was hit hard today - 60-day NON-working notice for all / starts ASAP. Access cut off today at 6pm CT. So sad!

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| 2950 views | | 3 replies (last October 28, 2020)
Post ID: @OP+17D0PCvb

CTS

CTS saw some lower management cuts in MD today. Please chime in if you've been affected or if you have more details.

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| 1350 views | | 5 replies (last October 29, 2020)
Post ID: @OP+17De4WPx

Auto

Will Auto be hit with layoffs? Or are they exempt, including the managers with fewer than 7 directs? There sure are a lot of managers in Auto.

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| 1160 views | | 3 replies (last October 28, 2020)
Post ID: @OP+17DjPgHS

Facts are facts

Look, I may or may not wind up being affected by this cut or another one, but facts are facts - we are WAY bloated from a people perspective. Denying that is just kidding yourself. And our costs for doing business is around 74 cents on the dollar. We... — read more 

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| 1670 views | | 8 replies (last October 28, 2020)
Post ID: @OP+17DHtCwR

looking for Wells employees

Hello I'm Glenn Counts with Channel 9 in Charlotte, I'm looking to speak with anyone who was laid off today who thinks they are part of massive staff reduction taking place at Wells Fargo. please contact me at glenn.counts@wsoc-tv.com

Former Store Manage

This is the way they have done it for years, the next step will be reduced service , higher fees and closing office.

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| 497 views | | no replies yet
Post ID: @OP+17D6sWWT

Embrace Change and you have nothing worry to is the Wells Fargo Mantra. Black Wednesday

While other corporations fire their employees on Friday affectionately known as Black Friday Wells does it on Wednesday. If you are called to a meeting to embrace change you are getting laid off. Must be from the Wells Fargo Manager speak handbook... — read more 

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| 4120 views | | 11 replies (last October 28, 2020)
Post ID: @OP+17DVUbEE

Can confirm

3rd level mgmt 2 people lost today in Arizona so far...

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| 2692 views | | 3 replies (last October 27, 2020)
Post ID: @OP+17D6HcGU

No news yet.

In the WFVC dept. no news yet. It’s 3:15pm. So far nothing.

Iowa Layoffs

Hello, to piggy back on Austin Weinstein in Charlotte, my name is Tyler Jett and I'm a business reporter with the Des Moines Register. I am following the rumors of mass layoffs today as well. If anyone has any information about layoffs in the Des... — read more 

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| 2940 views | | 1 reply (October 27, 2020)
Post ID: @OP+17DNSWS5

@austwein

Hey again – this is Austin Weinstein, the banking reporter at the Charlotte Observer. If you're hearing stuff about layoffs that's not confirmed, I can maybe help out. In my experience, banks are far more likely to respond if it's a reporter asking... — read more 

Official Post for Rumored 10/27 Layoffs

Hey all, how about we keep today's updates to one post. I volunteer this one. Please include some useful information. Like if you say "we all got fired today" maybe include your location and department. It's starting to feel like the "massive"... — read more 

Severance Cut?

Any truth to widespread rumor that severance package will be cut starting Jan 1?

When are the next big dates?

There was a recent post the listed a couple dates after 10/27, but now I don't see it. Any big dates in November or December?

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| 2490 views | | 5 replies (last October 27, 2020)
Post ID: @OP+17Dc9VjF

WFC stock nearing 52 week low of 22

DJIA down 0.15% today. WFC stock down 2.5%. I’ll bet our pompous new management team is not happy that all the stories of cost-cutting hitting the news recently (the proposed sale of various business units and layoffs happening today) are not... — read more 

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| 902 views | | no replies yet
Post ID: @OP+17D75dMD

We broke the internet

Just saw this post from layoffs.com - I guess we broke this site: We are experiencing technical issues right now. We hope that the problem will be resolved within next 30 minutes. https://twitter.com/TheLayoff/status/1321113326412181510?s=20 — read more 

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| 895 views | | no replies yet
Post ID: @OP+17DQ0O8L

Axed this morning

Woke up to meeting invite and received my notice this morning. I was told my position was eliminated and HR used a rating scale thats unknown so supposedly don't have a clue as to why I was selected. 14 years and now this...

Do they do group layoffs?

I hear that some companies are doing mass layoffs on conference calls - are we doing that too?

No email yet

Gosh I’ll be more upset if I don’t get one at this point. I have zero motivation in this toxic cesspool.

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| 1920 views | | 9 replies (last October 27, 2020)
Post ID: @OP+17Du7DDG

On this day, 11 years ago......

On this day, 11 years ago I was part of a lay off with Wachovia. Tuesday, October 27, 2009 It was unexpected and I was blindsided. Just a month prior I remember sitting in a LOB meeting and being reassured by leaders that there were no... — read more 

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| 4341 views | | 13 replies (last October 28, 2020)
Post ID: @OP+17DM2dW0

Walking away to maintain your sanity...

Have you ever had to quit a job and walk away to maintain your sanity? Well I just quit Wells Fargo, because no matter how much evidence you have demonstrating manager retaliation, HR just goes through the motions of a supposed investigation, doesn’t... — read more 

Meetings scheduled

Anyone get any strange meetings scheduled for tomorrow? What department?

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| 3572 views | | 2 replies (last October 27, 2020)
Post ID: @OP+17DLejBw

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