Thread regarding Wells Fargo & Co. layoffs

Wells Fargo announces another round of layoffs at Jordan Creek campus. How many?

https://www.desmoinesregister.com/story/money/business/2025/03/05/wells-fargo-layoffs-announced-jordan-creek-how-many/81662886007/?link_source=ta_first_comment&taid=67c90fb926b68a0001947ce3&utm_campaign=trueanthem&utm_medium=social&utm_source=facebook&fbclid=IwY2xjawI2B0VleHRuA2FlbQIxMQABHcjrWtjhKPvcYVxeJ2G2Uhv5Jd_BY3GSRdPA3X2QDkZjVQSt4OmPRvpAhQ_aem_uR789iBu1R9jw4tClWrvfA#eb005p7zx1d8xvbe9olopjpjfgwupl1

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Post ID: @OP+1jnmw9rz0

8 replies (most recent on top)

@c7+1jnmw9rz0

Highly unlikely it changed. The 60 day notice part of the state requirements on mass layoff. What was entered is likely in error and needs to be corrected.

From the state itself: "...The Worker Adjustment and Retraining Notification (WARN) Act requires employers with 100 or more employees to give 60 calendar day written notice when there is a plant closing or mass layoff..."

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Post ID: @ct+1jnmw9rz0

@bn+1jnmw9rz0

Well... kinda not really. The people who were told (yesterday) just found out YESTERDAY, not Feb 4. The people told yesterday will be on 'Non-working notice' until May 5 +/-. They were sent home yesterday and technically are still WF employees and cannot work for another company for 60 days. If they complete the required steps in their packet they should receive severance and be allowed to keep their benefits, again, starting about May 5. If they do take a job somewhere in that 60 days they are immediately cut from Wells Fargo. Pay stopped effective immediately. No PTO payout. No continuation of benefits. No bonus if they had been on notice during the benefit period. And certainly no severance.

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Post ID: @cf+1jnmw9rz0

Notice 3/4, layoff 4/4. 30 days, not 60… When did this change?

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Post ID: @c7+1jnmw9rz0

These are people who were already told they were being laid off.

When you get your meeting, you are not laid off that day. You are told you are being laid off in 60 days. You are paid for 60 days as an employee, then severance kicks in. This article is about people who were already given the 60 days notice on February 4.

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Post ID: @bn+1jnmw9rz0

Look at the Iowa WARN site

33

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Post ID: @bh+1jnmw9rz0

at least they’re transparent. I don’t see this info for any other location

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Post ID: @b3+1jnmw9rz0

Scandalous! Lol

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Post ID: @b0+1jnmw9rz0

14

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Post ID: @a5+1jnmw9rz0

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