Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Displacement Policy Rescinded

I was looking into policies around displacement and getting let go knowing my time is coming. It says the Displacement Policy, which linked in many other policies, was rescinded 11/25/2024. I was hoping to find out if the 2 weeks per year was still... — read more 

Retirement health coverage

I plan to retire the day after I get the bonus on 2/14, giving 2 weeks notice. I am still about 3 years away from the Medicare age of 65. Cobra is a lot cheaper than the retiree health coverage offered by WFC. If I select Cobra it will run out in 18... — read more 

Paid for carryover PTO if displaced?

I carried over 40 hours PTO and planned on saving as long as possible until March 15 deadline to use or lose. Reason being I’m expecting to be let go in Q1 and hoped to be paid for it plus any I accrue. I was told today that when displaced they... — read more 

Mandatory RTO in 2025

Just got word that there WILL be a mandatory RTO policy taking place in 2025. Basically if you don't come into the office, it'll be seen as a resignation of employment.

AI will replace tech

I can't wait. AI will be able to do a better job in a small fraction of the time. No need to wait for these techs to scratch their heads in confusion. If you can be replaced by AI, then it's time to pick up some new skills and find something else. — read more 

Fight!

Don’t let management fool you. Report them to federal agencies for violations!

Pathetic Medical coverage

Disgusting it’s salary based and you are in California, my friend works at a non profit and her Kaiser is $350 less a month!

Technology Performance Review

M, IM and NI this year will be laid off. If you get Exceed and above you are safe. Technology funding is slashed significantly by 45%.

401k 1% of salary deposit

When do we receive the additional 1% of our salary 401K deposit? I only received the 401K match contribution.

Ethics line

Has anything came out of filing a complaint on the ethics site? Or is everything deemed there isn’t sufficient evidence.

LHH Services

What are the opinions on the service provider by LHH? It seems to be subjective & I am getting conflicting info from LHH & hiring managers as to how much years of experience to have on a resume.

Jan 7 tracker

Poor soul count for next Tuesday

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Post ID: @OP+1jghjk77x

AI Grok: For "displaced" employees:

As a career consultant, here’s how I would advise a former banking employee, integrating the insights from the layoff board and adding use of AI: Immediate Post-Layoff Actions: Financial Management: AI Tool: Use budgeting apps like Mint or YNAB to... — read more 

?AI Grok: Board Summary for Current Employee

Here's a combined set of advice for current employees navigating the challenges described: General Strategies: Documentation: Keep meticulous records of all communications, decisions, and instances of discrimination or mismanagement. This can... — read more 

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Post ID: @OP+1jgha0zy8

AI Grok: Board Summary: For management

Thread Summaries: Layoffs Discrimination (https://www.thelayoff.com/t/1w6WLY1y): Current Situation: There are allegations and discussions around discriminatory practices in layoffs, particularly concerning age, race, and gender. Employees express... — read more 

401k match

If you were laid off before your 3 year anniversary, do you get any of the 401k match?

I'm determined to leave Wells Fargo in the coming year

Even if I can’t find a job that pays as much or better, I’m ready to move on. Being stuck here for nearly a decade has taken its toll on me, and getting out is my New Year’s resolution. I imagine I’m not alone in this - there must be plenty of us who... — read more 

“Neighborhood” a.k.a, Open Seating

The open seating policy needs to follow DEI and simply evaporate as another failed experiment. Open seating, where you play musical chairs each morning, has no dedicated work seating area for the employee and are not allowed to have any personal... — read more 

Sharing that the former Head of Auto passed away

Sad to me that Laura Schupbach, the former Head of WF Auto, just retired in 2021 and only made it a coup,e years before she passed this month. Retire as soon as you can no reason to wait... — read more 

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Post ID: @OP+1wft76cH

Happy new year

I wish that we stand up for ourselves more next year.

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| 660 views | | 3 replies (last December 31, 2024)
Post ID: @OP+1wffeIog

H1B abuse

Report H1B https://www.uscis.gov/report-fraud/uscis-tip-form https://youtu.be/TCbFEgFajGU?si=sv0mhYw_1kxJObLC

offshoring jobs is added risk

https://www.dailynews.com/2024/12/30/bank-insiders-are-leaking-data-on-client-accounts-as-scams-surge/ and we offshore jobs and data to the countries known for their scams !!!!!!!!!

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| 940 views | | 3 replies (last December 31, 2024)
Post ID: @OP+1wf8W0EF

Does being bridged count for 401k match

Was let go and rehired, I funded the 2024 401k before displacement and was here since 2022 Do I get the match? I was bridged for service time

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| 710 views | | 1 reply (December 31, 2024)
Post ID: @OP+1wfvQys0

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