Thread regarding Wells Fargo & Co. layoffs

Manager put a meeting on my calendar for tomorrow morning

I'm at the WEC, my boss sent me an invite for a meeting to discuss the location strategy. I thought displacements were only on every other Tuesday?

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Post ID: @OP+1jthfnstf

15 replies (most recent on top)

@dq+1jthfnstf

Yeah, but if you only have a few years of service you could milk the year for all its worth and still make out ahead. Maybe super commute to drag it out even more...

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Post ID: @f3+1jthfnstf

the only set of options in this scenario where you would lose severance is if you said you would relocate and then failed to do so in the alloted amount of time.

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Post ID: @dq+1jthfnstf

your option is relocate or severance. given relocation qualifies as a significant job change you qualify for severance anyway if you don't take it.

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Post ID: @dg+1jthfnstf

Seems like odd position to be put in.

If you don't relocate, will it be considered declining a position? And if it is, will that be considered grounds for dismissal INSTEAD OF 'position elimination' with severance.

Get it in writing.

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Post ID: @d1+1jthfnstf

@cs
I've had a meeting with my manager and my skip-level manager. They both asked me if I was willing to relocate. They both told me it was an unofficial, non-HR ask and they verbally gave me the relo package details. I said I would not relocate. This was early March. I'm still sitting here with no info waiting to get my call. I hate this place. I wish I could trade with you.

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Post ID: @ct+1jthfnstf

@cq+1jthfnstf
Manager told me about it and gave me some info and answered some of my questions, then emailed the package, which was a link to a site that walks me through looking through FAQs, the relocation offer details, and the letter itself. It's all formally started now, I guess.

I didn't want to be laid off but now I'm suddenly unsure of what to do. What are the chances that if I decline the relocation, they decide in a couple of months to not go through with all this, especially as I'm remote? Probably nil, right.

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Post ID: @cs+1jthfnstf

@ch
Was it an official relo offer from HR or just your manager asking if you're open to it?

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Post ID: @cq+1jthfnstf

OP here. It was a relocation offer. And I call it the WEC because it's the West End Center.

Only a month to choose.

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Post ID: @ch+1jthfnstf

No one says “The WEC”. Troll alert

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Post ID: @bd+1jthfnstf

It’s layoff

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Post ID: @ay+1jthfnstf

No one at WEC says "the WEC".

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Post ID: @ak+1jthfnstf

A lot of employees aren't even getting the option to relocate anymore. It's just goodbye. Thanks for 20 years of your life. And it's not every other Tuesday like it used to be. Now it's every Tuesday.

Winston-Salem got hit last week.

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Post ID: @aa+1jthfnstf

Isn’t part of WEC closing?
Let us know what happens

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Post ID: @a8+1jthfnstf

isn't a layoff yet, probably giving you an option to relocate to a core location or take severance. you'll have about 60 days to decide and if you choose relo you'll have about a year to move. if you decide not to move at the year market then you are just fired, no severance

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Post ID: @a2+1jthfnstf

A layoff can be any day. The Tuesday after payday layoffs are just the most likely day for large- scale layoffs.

Good luck. May the meeting go the way you want.

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Post ID: @a1+1jthfnstf

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