When was the layoff decided?

Should current employees expect for layoffs in 2025? Worries if I should start looking.

What does everyone do with their 401k after being laid off?

To anyone that has actually signed a release for a ‘package’. I am guessing that a release needs to be signed for severance to be paid? Does that preclude the employee from filing any and all lawsuits post signing? Key words is “all”. For instance... — read more 

With no other info (unless you are my boss who would never do that anyway) I will never respond. Knock that time-wasting bullsh-t off!!

Was going for an internal - higher position and during the interview process the recruiter told me that there would be no raise. Since my current salary is already within range of the new position, there would be no increase. Only increase would be... — read more 

What are your thoughts regarding Non-Branch Unions? I know this is not scientific but I'd be curous to see if (at least the TLO users here) would feel OK if we were to see some unionizing on a non-branch level. I know there are pros and cons but... — read more 

I've seen a few people mention that the job market is improving, but I haven't found that to be true. On the contrary, it continues to be a nightmare. The few positions available don’t even offer close to what I make now. I keep thinking about how... — read more 

My contact in HR says that there are to be massive layoffs in February of 2025isplace someone other than if they're sitting in a chair in a cube, or a chair at hom

WellsFargo will set aside 5billions for 2025 mega layoffs

Which area is next to vote to unionize?

After US layoffs are complete it’s India’s turn.

I started sending out resumes a couple of months ago. First few months - nothing. What few offers I got were not worth considering. In the last two weeks I started getting quite a few replies. Is this accidental, or is the market really improving?... — read more 

The Morning: CEOs embrace psychedelic dr-gs E.O.s are tripping (The New York Times) (Edited) Psychedelic dr-gs have come a long way. They once belonged to the counterculture. Now they are finding a home in the C-suite. Executives see... — read more 

In the USA the secret to success in the business world is to be able to enthusiastically destroy people's lives by laying them off. Racing to the bottom in terms of employee skill set and value is the most important goal for middle and upper... — read more 

Norwest Bank was a great company. Then they had to sc--w things up with buying Wells Fargo, keeping the name, then letting the WF execs run the show when Kovacevich left. And now it is being run into the ground by Charlie. Wells Fargo to Sell San... — read more 

Tech not affected much, that was a false alarm. Looks like a out 30 layoffs in that group. COO hit the hardest, as usual, with around 400 axed. A little over 600 WF employees total were downsized. Merry Fing Christmas. Looks like 80-90 people in... — read more 

Every year for the past several years, I thought things couldn't get worse. But then another year passes, and I'm proven wrong. Somehow, no matter how bad things get, there's always a new low to hit. It’s like the company has this uncanny ability to... — read more 

Layoffs in the USA: A Comprehensive Overview Layoffs have been a recurring theme in the US economy, impacting workers, industries, and the overall economic landscape. This article explores the current state of layoffs in the USA, examining the... — read more 

Has everyone received their noticed in OR?

https://finance.yahoo.com/news/union-organizers-inside-wells-fargo-190439006.html

... — read more 

I am for those who badly need a job. Otherwise, I’m more sorry for those of us who are still here.

2 more big layoffs are coming this month.

Why would paying more manager bonuses make sense?

Both of these pad the pockets of the business. I see no difference in the two. Both are dishonest and negatively affect the client/employee. People should take note of this

The Innslake (Glen Allen) location is "consolidating" all employees (with the exception of the call center) to one floor and "decommissioning" the floors that will not be used. This will happen in January. Does anyone have any insight? I've tried to... — read more 

Anyone who had a business update meeting and were provided with information on relocation option coming your way did they ever mention relocation would be provided only to certain individuals who are performing magnificent?

Funding is confirmed. Reduction is coming. Managers are provided with the layoffs instructions. Be prepared.

The communications from the executive level make me feel like I work for a social justice think tank that occasionally does financial services. Can they not just declare victory seeing how they've sent tens of thousands of jobs from the U.S. to... — read more 

No one is wearing sweat pants - wife beaters - or speedos. However, two items of apparel have been allowed in the post pandemic dress code that were written warning eligible pre pandemic. Jeans and Sneakers. Is this an official policy change or... — read more 

So our whole team displaced in Roanoke, VA call center today. 60 days non-working notice. Back-office group. Merry Christmas huh?!

Tech appears to be heavily drafted to basically say DEI means hiring everywhere but the US, and that's because our "diverse tech teams" are amazingly high performing (LMFAO). Career growth is an opportunity? They honestly expect US employees to read... — read more 

Seems the first non-branch union passed and is now waiting to be certified by the national labor relations board. Even the union busting attempt to lay off 8 of the team members only days away from the voting period didn't seem to make a difference... — read more 

A coworker received a meeting request from GTM and the subject line was “Office Work Hours-Pilot”. Any ideas of what this about?

Service Now keeps resetting my timezone to Asia/Kolkata. Makes it rather difficult to know when my changes and tasks actually start and end. The lengths this executive team is willing to go to in order to terminate high performers for cause is... — read more 

Too much overtime. I can’t remember when I left the office at 5. Too low compensation, and it’s obvious that WF will continue trying to push it down. As low as they can get away with. None of the extra time and low pay are investment. You will not be... — read more 

My LOB is moving to tech. My previous lob allowed relocation if you are outside of core location, does technology offer this as well or will I just randomly get laid off one day?

So now that management has announced they are leaving your State and layoffs are on the near horizon. What are your days like now while you wait? Are you looking for work, or waiting to cash out then look?

Who decides specific candidate to layoff in a team? . Is it your direct manager/director or above?. Hard and honest work is not valued at WF. Most of the middle management needs to go, they are good for nothing. They are pure trash.