Thread regarding Wells Fargo & Co. layoffs

Barely employable at 48

I’ve been looking for another job for a while now. Something less stressful and toxic than here, preferably, if still possible, a job that would last longer. I got the impression that my age really is an obstacle. I am skilled, experienced, and a hard worker, but that is becoming irrelevant compared to being cheap, just of school and a good material to squeeze life out of.

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Post ID: @OP+1tlq6eMp

28 replies (most recent on top)

"If you haven’t made manager at 50 you’re probably not a rick star."

This is such a horrible take.

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Post ID: @6giy+1tlq6eMp

If you’re looking for individual contributor roles it is a red flag at 48. If you haven’t made manager at 50 you’re probably not a rick star. So yeah it su-ks. Try to find a job at a smaller company that needs your skill set.

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Post ID: @6ift+1tlq6eMp

Don't blindly keep searching or applying, but work smart. Make sure your resume is formatted for ATS friendly and customize all key words for each application. Also know this... many companies' HR people and hiring managers are often very short sighted and narrow minded. You have to know how they play their games and develop your own counter strategy.

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Post ID: @3axr+1tlq6eMp

OP you can see by all of the responses you have a lot of company.

Whether currently employed or unemployed, looking for work is tough going. It’s a full time job by itself, and highly demoralizing.

Whatever your discipline is - you now have to learn something about marketing and sales. How to position your offering, how to network, how to prospect, how to interview well, etc. Tackle it as a project and have discipline. You can hire a professional coach to help you with this or utilize numerous free resources on the web.

Eventually it will yield results.

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Post ID: @3two+1tlq6eMp

if you are USA Citizen/GC holder look for federal jobs at https://www.usajobs.gov/ pay may not be like at WF but you will get a lot of peaceful mind and some satisfaction on helping govenment and pu--c rather than corporate greed!!

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Post ID: @3mwx+1tlq6eMp

To be fair, it’s corporate America! Greed is the core of capitalism.

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Post ID: @1bfw+1tlq6eMp

We are hiring!

https://www.myvisajobs.com/h1b/search.aspx?E=Wells%20Fargo%20Bank#middle

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Post ID: @1rsf+1tlq6eMp

@1cvl+1tlq6eMp I’m in the same boat. I try to mentally prep myself every day - trying to stay positive. It wears on you when it is a battle every day.

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Post ID: @1fqo+1tlq6eMp

They prefer h1b and OPT workers, lots to choose from - all are younger than us.

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Post ID: @1xjy+1tlq6eMp

Maybe it is time for a class-action lawsuit. I was called a fossil during a ask-me-anything meeting by A.V. - a tech exec. Followed by being called a dinosaur during a staff meeting by one of his sub-ordinates because I support the HOGAN (Legacy system). It is time for legal muscle on this blatant age discrimination.

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Post ID: @1kah+1tlq6eMp

Late 40's, in the same boat. I have to look at myself in the mirror each day and openly declare what type of human I am going to be today (positive thoughts, positive thoughts!)

It is entirely possible to respect the struggle, to be aware of one's circumstances, while also choosing (absolutely difficult at times) to tune out the noise and just focus on doing something. Take action. Help someone.

Figure if I string enough actions in a row good things will happen. I write everything down, helps to look back in preparation for interviews. Easier to provide context of my time after the bank.

Wells Fargo for me was a place of inaction, of not accomplishing, of not finishing things. None of the excitement of working professionally in my chosen field (tech) was felt at the bank. It was a place for mediocrity and I will be sneezing out the particulates of such nonsense for the rest of my life.

FYI, I have taken a temporary restaurant job that is not glorious yet really insightful. It's a place where humans interact and actually are direct with each other about their wants, needs, opinions. How refreshing it is.

WF is a place for dampening the senses, dampening one's self-worth. Going to do everything I can to not go back to that situation ever again.

Cheers to the struggle, the escape from the banality of corporate work and the freedom of personal choice.

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Post ID: @1cvl+1tlq6eMp

How do they know you’re 48? Take the year off your college graduation date on your resume, along with your certification dates, and no one will know. Good luck!

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Post ID: @1gbl+1tlq6eMp

If you want gigs that will "always be there", look into commercial refrigeration and HVAC. AI and Hyderabad won't be doing those any time soon.

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Post ID: @1yuf+1tlq6eMp

Look into local government roles- city, county, and state. They take a long time for the hiring process because they're extremely fair in how they go about it. Make sure you're tailoring your resume and cover letter to every job, too - things are not like how they used to be. Resumes that don't pass AI for the initial "is this person a good match for the job" will not make it far.

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Post ID: @1jyn+1tlq6eMp

This is why I save as much as I can. At some point we all see either diminishing capabilities or diminishing opportunities, and the older you are the more severe it is and the higher likelihood you'll experience BOTH. Invest accordingly. It should be everyone's goal to be financially independent by age 50, if not sooner.

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Post ID: @1rgi+1tlq6eMp

@1gbs+1tlq6eMp, that type of assumption is all relative. Those who make $250K can still easily find a new job as long as they have good business connections.

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Post ID: @1bvb+1tlq6eMp

I read that it takes one month Of looking for a job for every $10k in salary. So if you are making $150k do the math.

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Post ID: @1gbs+1tlq6eMp

Hudson Yards doesn't want young people either. Tons of them get fired all the time. We're all on the block.

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Post ID: @1hsr+1tlq6eMp

The same people who want to raise the retirement age to 70 won't hire after after 50.

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Post ID: @1qfc+1tlq6eMp

Yep. Us from Generation X are too young to retire but considered too old to take on new work. What are we even supposed to do?

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Post ID: @1udr+1tlq6eMp

There’s young 48 and there’s old 48. What kind of shape are you in? Can you see your toes, or does your beer belly get in the way? Is your hair professionally cut or lopped off in the bathroom? Do you shuffle or do you stride?

Middle aged and in great shape projects one thing. Old, fat, and tired is something else.

At your age it can go either way. Up to you.

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Post ID: @spx+1tlq6eMp

It’s statistically more difficult to find another job as your compensation and title increases, there are simply less jobs available. It takes more months as a director vs an analyst. This is something people don’t consider when saving for emergencies.

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Post ID: @ioe+1tlq6eMp

First of all very sorry to hear and really feel your pain. Second, the truth, you were being paid far too much at a wells for what you actually do. Your management was using you and the sh*t you produced only to justify their own pay checks. Now politics have changed so they need to fire you to justify their pay checks. You are not the first or the only one in banking industry to realise you have no special talent. Lastly, don’t take yourself too seriously and find another place at wells or outside to play the same scam again.

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Post ID: @duk+1tlq6eMp

I know your watching and power tripping off your ability to track and surveil me. Just lay me off already.

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Post ID: @tcx+1tlq6eMp

Not your age. I got my first layoff at your age. I've had two jobs afterwards. It's the crummy economy. Things will get better. Hang on. You're still young.

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Post ID: @cle+1tlq6eMp

48 is still very young. Be patient!
The job market right now isn’t like it was a few years ago unless you are in healthcare Or hospitality.
Don’t put the date you graduated high school, college, etc., that is not recommended even by platforms such as indeed…

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Post ID: @ktg+1tlq6eMp

Aren't we at the point in society where you can just put another age on your resume and say you identify as being 20 years younger? I mean, everything else seems to be acceptable to change about oneself and then expect others in society to accept said change. Then once they learn how old you really are, post job offer, firing you would be age-ist. Right?

I wonder if anyone has tried that yet lol

In all seriousness, good luck to you. I hope someone hires you soon.

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Post ID: @ztk+1tlq6eMp

Ah I too miss the good old days when those who were older and had experience could finally make a good living, use their years of experience to lead important work and give support and guidance to the younger folks. When was young, I greatly appreciated the older cohorts and their advice as I was navigating new waters. They appreciated me for my naive enthusiasm and new ideas. Now, it’s just about who will do the work for the cheapest. Experience and balanced perspectives make for a strong company-we haven’t been strong in a long time and don’t really seem to care about strength, longevity or quality any longer. Just whatever will be cheap to produce and turn a quick profit. Ageism is real.

I think the best path forward for those of us in the 20+ years of experience camp is entrepreneurship. Let’s use our experience and skills to create our own wealth. Trusting these corporate douches will only bring more anxiety and despair.

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Post ID: @hvo+1tlq6eMp

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