Thread regarding Wells Fargo & Co. layoffs

4 Layoffs (“Jobs Discontinued”) This Morning

I just got word from 4 people on my team that they had meetings this morning and are being let go from their current “associate” positions.

They were told their current jobs are being discontinued; they were invited to to apply for “numerous” other postings internally.

They have 30 days remaining in the current jobs.

Has anyone heard anything similar?

I was not expecting this.

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Post ID: @OP+1eoR9LwS

14 replies (most recent on top)

15 of us were "displaced" at the end of October

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Post ID: @2njc+1eoR9LwS

What department and what location?

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Post ID: @1tny+1eoR9LwS

@ncw WTF is a hard 7?

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Post ID: @1wfx+1eoR9LwS

I heard Tech was infected

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Post ID: @qlr+1eoR9LwS

Merry Christmas

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Post ID: @nam+1eoR9LwS

Tech is being hit big if anyone asks...

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Post ID: @dvm+1eoR9LwS

30 days notice, not 60 days? (even if it's all non-working)

This blows, particularly during the holidays. So sorry for those affected. The axe always seems to be swinging at WF :(

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Post ID: @hqz+1eoR9LwS

That’s because of the workday migration.

We will be implementing a new job structure, and an enhanced job search and application experience. What does this mean for you?

 

• While the core duties outlined in job postings will remain the same, employee job titles may be different.
• From December 18, 2021 through January 2, 2022, you will not be able to see and apply for new jobs.
• Effective January 3, 2022, the new experience will be live and new job postings will be visible. You will need to create an account on our new system in order to apply for jobs. Your applications and resumes will not transition to the new system.
• Thank you for your ongoing interest in a career at Wells Fargo, we are excited for you to enjoy the new experience in 2022.

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Post ID: @jyw+1eoR9LwS

"Apply for numerous other postings internally"...there are a total of five jobs currently on the internal job board. Usually, under "All Jobs" there are several thousand.

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Post ID: @oqf+1eoR9LwS

Sh---y company to do this the week of christmas
Fu-k Wells Fargo!

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Post ID: @lhh+1eoR9LwS

What is described is "job elimination". They either outsource the position or spread it among other people on the team. When interviewing, the person whose job was "eliminated" should make that a point, versus saying , incorrectly, "laid off."

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Post ID: @udv+1eoR9LwS

Roll of the dice for sure, but if there’s a chance for a layoff before year’s end, here’s hoping we roll a hard seven. 🎲

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Post ID: @ncw+1eoR9LwS

Were they contractors?

Didn’t know layoffs were going on, there’s still hope

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Post ID: @sbf+1eoR9LwS

More like those to come this week and next…

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Post ID: @gtr+1eoR9LwS

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