In case you haven’t heard, severance is no longer funded by the company at corporate higher level. Organizations have to absorb those costs now. Those orgs are not going to be as willing to lay people off vs just firing for whatever reason they... — read more 

Several CB displacement today. Sad & disheartening. They were longtime good contributors. Remaining staff will now be overworked and stressed to pickup the extra work.

They are due by the end of the week and I have not heard a thing, is that normal?

Was displaced during Q4 and currently in the 60 days non-working. I can't seem to get a straight answer, but wondering if I will still receive a performance review for 2025?

More of a cover, really, giving higher-ups maneuvering room when deciding on layoffs or firings. They rarely reflect an employee's actual performance, skills, or value to the team. When your number's up, it doesn't matter that your role is critical... — read more 

https://www.bloomberg.com/news/articles/2026-01-20/wells-fargo-plans-to-move-wealth-headquarters-to-west-palm-beach Bye Bye STL

Two people on our team were let go or displaced or whatever today.

Its been interesting to see the small and not-so-small ways that people have been tuning out since Charlie Scharf took the helm and the never-ending march of layoffs started. From small shifts in attitude and lowered enthusiasm, to slow walking... — read more 

https://finance.yahoo.com/news/bank-america-ceo-confirms-gen-133000077.html

Anyone get The Call?

I read an article about a company that recently replaced its CEO. The new CEO was asked how he planned to gain the trust of employees. I laughed, thinking about how Scharf had the same opportunity to improve the lives of 260,000 people and chose... — read more 

Hey fellow managers in banking/tech – thinking of jumping into (or back to) Wells Fargo for that fat comp? Here's the unvarnished math from the trenches (thelayoff.com + earnings calls). Benefits (Why You'll Go): Top-tier pay: Base + bonus/RSUs... — read more 

Been doing twice the work and without support from management. Was so overwhelmed and irritated about questionable business/sales/ compliance issues I pushed back about workload and lack of support. As I predicted and most of you suggested per... — read more 

California SB 729 fertility coverage requirements starting in 2026?

A consultant with attorneys would gain traction if they were able to determine how many “needs improvements” were handed out in prior years vs 2025 reviews. If the number increased dramatically, then can’t an argument be made that this is their... — read more 

Before you get laid off

https://www.superlawyers.com/resources/wrongful-termination/forced-to-quit-how-to-know-if-you-have-a-constructive-discharge-case/ Proving an employer forced you out (constructive discharge) rather than a genuine layoff involves showing their actions... — read more 

Has anyone recently had a “manager” lose their title and been placed into a P4 or P5 bucket? If so do they still have access to all tour HR information?

During the severance period, does one have access to rollover from Cash balance plan to an IRA? What if displacement status is 'Retired'?

$40 per share

Seems like the layoffs in that group are minor compared to the rest of the risk org. Why?

Do not sign anything, hire lawyer right away!

Sue them, report to EEOC, get more severance pay, it’s your rights!

Just wow. I was displaced (last day of employment was 12/26/25). Unused PTO payout is due the last day of employment. WF did not make that final payment. When I called, HR Service Center the automated message says payment will be made Jan 30th???... — read more 

Toxic work place

Out of curiosity I did some AI based research to see how and when a company must account for severence expenses under GAAP, taking into consideration 60 day notice periods, and basically they can incur the expense when they notify you so long as... — read more 

It sounds like A LOT of IM & NI are being given out this year and from what I'm hearing, not for any real reason. But how is this going to look to the regulators, when the majority of team members have sh---y ratings? Maybe it's not an issue? I'm... — read more 

Your manager is waiting for green card. Your manager wants job security. Your manager micro manages you.

It's just the fear of the cr-ppy job market that's keeping me here, nothing else.

How long do I have? Im in CTO. Never got that rating before. Basically the rating said I’m good at my job but don’t take initiative blah blah blah. I knew it was coming. Don’t care, ready to be done with this place. Do I have until summer at least?

I have received another offer and plan on leaving. However, I want to ensure I still get my bonus. What are the rules around that and when should I put in my notice? I obviously can’t ask HR or my boss this type of question…

There are hardly any jobs in the job market. Good luck finding a remote role in this economy when you’re competing with thousands of h1b's and h4 ead's.

What does it show? Does it breakdown hours by day? Or does just show average or a bucket you fall in(7+ hours)

Genuinely curious

I have been in IT&V for 4 years. Absolute craziness. Meaningless work. No oversight. Individual contributors at Director pay and Sr. Mgr pay all over making big money sitting around half the time doing nothing or stealing other people’s... — read more 

Mid year and end of year IM, with both reviews claiming I was trending towards IM. In a DF group that has seen very few cuts. How scared should I be?

I’m on STD/LOA and will be for a few more months, do I still get a bonus from last year?

February special. Good luck.

Brady knew he was in the way out or had long planned on retiring.