Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

DSM unemployment

Can anyone confirm if you can collect unemployment while on severance in Iowa? I messaged the IwD office but they won’t answer my question.

Anyone offered relo?

I was offered relo this week. I don't see the upside as I could be immediately laid off right after we move. Like many, I was considering accepting relo and spending the next year to find a job. As I'm not planning to relo in a year, I will not... — read more 

Stop hyping AI

Quit hyping AI and constantly bombarding us with messaging to learn how to use it without giving us AI resources to use and experiment with. Putting up some basic training on it is all well and good, but where are the tools? Where is cursor... — read more 

My manager fired me

I just got let go by my manager. My manager told me my performance is inconsistent. Anyone in the same situation?

Is a Global Workforce so bad

Yes. The answer is yes if its at the expense of jobs from the country that the company is supposed to based in. Its more cost effective sure, even with the level of fraud we get from international employees its still cheaper to employ them. I mean WF... — read more 

Dr-g Test after Displacement?

Do they do any kind of dr-g testing after displacement? With so many states offering THC drinks/edibles nowadays I was wondering how WF and other companies are handling that. Asking for a friend who I know partakes a lot. 😆

How is accrued PTO valued in a payout?

If I have 15 days that should be worth a bit under 3/4 of a month of base salary since most mos are ~ 21 working days. Or equivalently it’s 15 * annual salary / (250 working days / yr). (?) But there could be all kinds of other funky math that is... — read more 

Major layoffs tomorrow

Big cut Tuesdays ahead to trim to meet Q2 targets. See you on the sunshine beaches Sunshine blessings Frank

Senior Manager says its not outsourcing

When asked about outsourcing roles to foreign countries a senior manager became offended by the question and said it doesn't qualify as outsourcing because they're being hired at Wells Fargo...

Question re: RSR's after displacement

I was under the impression that RSRs continue to vest when you're displaced, but the Severance Plan simply says to refer to the RSR agreement. That agreement, unless I misread it, says that they only vest during a retirement. This may not be the... — read more 

India Helpdesk is Terrible

I had to talk to India helpdesk and it was an awful experience. Their connection is terrible and their accent was so thick it's hard to understand. It took 3x longer than it needed to. I spent more time asking them to repeat themselves than... — read more 

Q2

How many do you think will be laid off, displaced by the end of Q2?

Question for WM Peeps /random

I was just taking a moment to think about what insanely wealthy people buy that most people do not even realize is something you can buy… Off topic but had to ask… #random

Next week

Who will be the lucky one to get ejected?

I know I'm not supposed to like my job

But I don't think I'm supposed to feel this all-consuming dread every single Sunday or the overwhelming relief that hits every Friday. I understand this is a transactional part of life, something we just do. But I refuse to believe this level of... — read more 

Don’t be naive

If you believe managers have no involvement in the layoff process, think again. Managers often collaborate with executives to push out employees they don’t favor. Be cautious—many in management prioritize profit and self-preservation over people... — read more 

Agile? It seems like

Always being rushed product owners yelling at us, managers telling us we need to do more, work faster. They say they’ll take the work off of us if we can’t get it done in time and give it to another team. what does that sound like to you? — read more 

Metrics

Is every job at WF like working in a sweatshop?

WFA/CRG

SG is bleeding money while other departments are implementing cost-cutting measures to preserve funds. Recently, 950 premier advisors and support staff convened in Orlando for several days. At a cost of at $2,000 per person, this event would amount... — read more 

The lazy ones never get laid off

Sadly it’s all about politics and being friends with your managers that determine who gets to stay. I work with so many people that are lazy, entitled, close to retirement and don’t care that stay because they have close relationships with management... — read more 

My Manager said

That they didn’t want to be asked about displacements anymore and was sick and tired of talking about it and to not ask about it anymore. Well!!!

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