Thread regarding Wells Fargo & Co. layoffs

Need help, please

I am a former employee who was displaced; sad, yes, but it’s ok. I have been extremely successful in securing new employment during my severance period.

I need help determining what my actual last day is. I’ve been telling potential employers that I’m still employed by Wells Fargo because, technically, I’m “on leave.” This means that if someone from my previous team reaches out, I am obligated to respond and they have reached out twice, to which I’ve responded both times.

How does Wells Fargo report the last day of someone who is on severance (“on leave”)? Is it their last physical day worked, or the final day of severance? I am still receiving bi-weekly paychecks.

Thank you for your help.

by
| 2198 views | | 14 replies (last ) | Reply
Post ID: @OP+1jtkk1ega

14 replies (most recent on top)

LOL on the Humble brag in the OP-- "I have been extremely successful in securing new employment"

by
| | Reply
Post ID: @vp+1jtkk1ega

This really happened to me. Got laid off from WF and given a final date. Set up my new job to start the following day. Two weeks in at the new job and WF tells me they messed up and didn't notify me of a 45 day notice. Kept my mouth and social media quiet and ended up getting a full year of severance instead of 8 months.

by
| | Reply
Post ID: @g6+1jtkk1ega

@a6+1jtkk1ega

It sounds like you’re confusing the notice period with severance. They are two different things.

by
| | Reply
Post ID: @fk+1jtkk1ega

Just email the displaced worker group and ask. They are very helpful

by
| | Reply
Post ID: @dh+1jtkk1ega

The first 60 days are a notice period, either working or non-working. That is NOT severence. You are still an employee during this time. When that period ends, you are then on severence for however long based on tenure. You are NOT an employee during this period. If you are past the 60 day notice, you are not an employee even if you are receiving severence pay, but the first 60 days are not severence pay. Your last day with WF is the end of your 60 day period.

by
| | Reply
Post ID: @cv+1jtkk1ega

I too was recently displaced by wells after twenty years. Su-ks but it's so competitive there I actually feel better and my anxiety has lessened. As an engineer I reached my max potential and it's cheaper to replace me with a dude from India. All business that's how it goes. But I got a year of severance which was nice. Overall it's a hard place to work.

by
| | Reply
Post ID: @bm+1jtkk1ega

@b8 If, after severance, and they contact you regularly -- record it. Then bill them. You have nothing to loose.

by
| | Reply
Post ID: @b9+1jtkk1ega

once you are on severance you are no longer an employee. period. Free and clear.

Go back and look at your paperwork again. You are obligated to respond to work requests during your notice period because you are still an employee. You are not in any manner shape or form required to "work" after that last day of notice as a requirement to receive severance. You do sign away rights to sue, etc. but you cannot be compelled to work for the company when you are no longer employed by the company.

If you don't want to burn bridges/professional relationships it is a courtesy for you to respond to requests for help/information after you are no longer an employee. but you cannot be compelled to do so.

So to prospective employers - your last day of the notice period was your last day of employment

by
| | Reply
Post ID: @b8+1jtkk1ega

I mean it’s clearly in the packet of info they provide you ; there’s also a dedicated displacement operations help desk to call. Why on earth is this even a question given these 2 things

by
| | Reply
Post ID: @ag+1jtkk1ega

I believe the last day of the first two months' severance is when your last working day is, and when you should be answering questions. After that, I don't think either applies

by
| | Reply
Post ID: @ac+1jtkk1ega

go into teamsworks and look at manage absences see when it stops, that is your last day.

by
| | Reply
Post ID: @aa+1jtkk1ega

@a3+1jtkk1ega

This is OP. Its not that deep man.

So, my last day is my last severance day. Awesome, thanks.

Secondly, I was told in my “you’re being displaced meeting” that I had to respond to team member’s who reach out for help. It’s apart of my severance contingency and it even says so in the paper work. So, based off your reply I’ll keep doing what I’m doing.

by
| | Reply
Post ID: @a6+1jtkk1ega

Ok

by
| | Reply
Post ID: @a5+1jtkk1ega

You are only an employee for the first 60 days notice period.
You are not an employee after that for the entire severance period.
You should not be telling people that are an employee and frankly should not be accepting calls either from former team members.

by
| | Reply
Post ID: @a3+1jtkk1ega

Post a reply

: