Thread regarding Wells Fargo & Co. layoffs

Received pink slip today

HR and manager were in a last minute urgent meeting :(

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Post ID: @OP+1jh0rqaaw

21 replies (most recent on top)

Wells Fargo is top heavy with too many lazy, dishonest, toxic Sr. managers and executives who are contaminating the environment. Wells will be always toxic as long as those rotten ones exist. Since Carrie T, we had a ton of initiatives to correct the company's culture, but the abuse seems to be getting worse.

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Post ID: @kj+1jh0rqaaw

@cg+1jh0rqaaw, are you the toxic Sr. manager? if so, just shut up and get lost. We don't need your kind.

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Post ID: @kg+1jh0rqaaw

@cd+1jh0rqaaw sounds like a you problem at that point. If you can't see it coming...

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Post ID: @k4+1jh0rqaaw

Remind you, layoff decisions are always based on favoritism, politics or discrimination. Hard work and accomplishments mean absolutely nothing, especially at Wells Fargo.

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Post ID: @cy+1jh0rqaaw

@cj+1jh0rqaaw,

You are correct. At Wells Fargo, it's not about right or wrong. It's all about who has more power and control.

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Post ID: @cm+1jh0rqaaw

@cd+1jh0rqaaw, That's because this toxic Sr. manager had powerful friends at Wells Fargo. This whole company is rotten to the core, it's like a mafia organization. They always use the "do you know who I am?" line.

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Post ID: @cj+1jh0rqaaw

@cd+1jh0rqaaw

You caused a ton of issues for everyone around you. It just made good business sense to rid of you

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Post ID: @cg+1jh0rqaaw

Last year, I was constantly bullied and harassed by one Sr. manager. I filed a complained to Ethics Line. That's when my nightmare started. Nothing was done to correct the issue. Instead, this Sr. manager retaliated me with giving me a bad performance review with fake stories. Then I was moved to a different team and he got promoted. A few months later, I was asked to start training an Indian guy. When I was finished with this guy, they said my position was eliminated. What kind of BS is this?

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Post ID: @cd+1jh0rqaaw

@bg+1jh0rqaaw,
Same here. I was the only one located in the West Coast and all other team members were located in other time zones (the East Coast, the Philippines and India). Because I had a huge time zone difference with them and had to have frequent 4am meetings in the morning. So I was given a few options: relocate to the east coast, find a new job within a different LOB, or leave the company. I had to make the decision within 30 days. There is no way I would relocate my family. I looked around equivalent jobs in other LOBs, but they were all located in other regions and required 3 days in the office. So I ended up leaving the bank whether I have a new job or not. But you know what? I really don't care anymore, I actually feel much better that I am no longer with this toxic bank.

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Post ID: @cc+1jh0rqaaw

They say you get laid off due to performance rating but while some ratings are deserved others are not. You manager may have written a really good review but by the time it gets sent to upper management..they change it to what they want....it's inconsistently meets or lower. Its true. They have to have so many low ratings

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Post ID: @bm+1jh0rqaaw

I was cut because all my development team members were located in other regions and I was the only one in my time zone. I was told to relocate, but I refused. So they said "buh buy".

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Post ID: @bg+1jh0rqaaw

Lies

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Post ID: @bf+1jh0rqaaw

I love all these bs ambiguous posts

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Post ID: @bb+1jh0rqaaw

Technology lob was impacted today.

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Post ID: @ah+1jh0rqaaw

Which teams where laid off today?

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Post ID: @ag+1jh0rqaaw

"Pink slip" does that mean you are fired or does it mean you are laid off. There is a difference here.

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Post ID: @a9+1jh0rqaaw

What lob / group? "My team was impacted" isn't terribly useful.

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Post ID: @a8+1jh0rqaaw

What team?

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Post ID: @a5+1jh0rqaaw

That means you all were getting a low performance rating. Dog in your heels at the next role. Good luck.

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Post ID: @a2+1jh0rqaaw

3 people in my team impacted today.

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Post ID: @a1+1jh0rqaaw

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