Thread regarding Wells Fargo & Co. layoffs

When is the next layoff?

Let's go back to the basics, let's discuss layoffs.

When is the next layoff here at Wells Fargo?

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Post ID: @OP+1fKhCo5v

21 replies (most recent on top)

Have you read the 2022 severance policy? They give almost all possible reasons to not be eligible for severance, including changing job titles, schedules and even job descriptions. They will just move people to different positions where employees are needed even if it's unrelated work. I don't think we'll see the layoffs we used to based on the new policy.

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Post ID: @3owh+1fKhCo5v

@3wox+1fKhCo5v

There is a company policy. Enforcement will at the team levels.

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Post ID: @3mjv+1fKhCo5v

@2soi+1fKhCo5v

Not one bit. The tardiness thing must be some departmental thing. Definitely not company wide.

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Post ID: @3wox+1fKhCo5v

Next big layoff is 3/17...good luck.

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Post ID: @3ykh+1fKhCo5v

“…One big one coming soon for a bunch of people who broke some rules the company had set months ago…”

Does this have anything to do with the new tardiness policy I wonder?

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Post ID: @2soi+1fKhCo5v

@1hef Good. How du/mb would you have to be to not get the vaccination to begin with, let alone falsify bank documentation about it. Those people deserve to be fired.

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Post ID: @1kks+1fKhCo5v

My guess is it has to do with being less than truthful about vaccination status and taking time away for said vaccination status falsely.

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Post ID: @1hef+1fKhCo5v

Would you be willing to shine some light on those reasons?

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Post ID: @eyy+1fKhCo5v

“ One big one coming soon for a bunch of people who broke some rules the company had set months ago” - do you know what rules?

Well, here's hoping.

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Post ID: @vgh+1fKhCo5v

@kva+1fKhCo5v
Yes, I do. I know the exact reasons.

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Post ID: @zdk+1fKhCo5v

“ One big one coming soon for a bunch of people who broke some rules the company had set months ago” - do you know what rules?

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Post ID: @kva+1fKhCo5v

@blg+1fKhCo5v
The people who refuse RTO aren't even on the list. It's low priority as long as work gets done. One big one coming soon for a bunch of people who broke some rules the company had set months ago, then a relatively quiet period, then a bunch more in July, then another relatively quiet period, then a big one in September.

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Post ID: @ftm+1fKhCo5v

@lfl+1fKhCo5v
WIM will go long before mortgage ever does. They are shifting jobs to other departments as they need to in mortgage. You must be the person who posts all of the false info about WF selling mortgage.

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Post ID: @mwm+1fKhCo5v

As soon as they sell off a chunk of mortgage.

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Post ID: @lfl+1fKhCo5v

I heard tech will be affected.

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Post ID: @dbc+1fKhCo5v

There haven't been any mass layoffs for a while now, because they're waiting to see how many people insisting they'll leave after RTO will actually put their money where their mouth is.

Once they confirm it was all just talk (like everyone who insisted they were quitting as soon as bonus hit), they'll start rolling out layoffs again. They haven't seen anywhere near the self-selected arbitration they were hoping for yet.

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Post ID: @blg+1fKhCo5v

Post ID: @jst+1fKhCo5v

They're not wrong. I resigned and I know a few others who did as well.

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Post ID: @nvc+1fKhCo5v

Forced, unnecessary RTO is, in a way, no-cost layoffs.

Per shareholder call, WF clearly stated they were wanting and expecting "self-selected" headcount reduction (i.e., resignations) due to changes implemented.

Nice company we work for (NOT).

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Post ID: @jst+1fKhCo5v

I am hoping to get some insight from this thread, let's see what kinf of info we can collect

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Post ID: @fwp+1fKhCo5v

3/24

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Post ID: @meq+1fKhCo5v

Started today. Next question.

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Post ID: @pcg+1fKhCo5v

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