I'm a 22 year veteran of this company going back to the original Wachovia blue days. I can read the writing on the wall to see a displacement coming soon. If I tell my boss what I really think of them in the displacement conversationcan I lose my package? Keep in mind I'll get nearly a year. I know the right thing is to shut up and cash the check but damn that would feel good.
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I am a legacy Wachovia employee of 33 years in a non-core location. Earlier in my career during a similar period of downsizing, I read a post by someone called "happy ex-banker." There is much wisdom in this. Just smile and walk away:
"Look, here's the deal:
Accept the simple fact that the rich get richer and the poor get poorer.
Make up your mind right now to take care of yourself and your family first.
Don't ever love something that can't love you back.
Don't expect the company to take care of you.
Don't be surprised when the people closest to the money take most of it.
Don't whine. It only confirms that you're a loser.
Remember the three keys to happiness:
- ) Someone to love.
- ) Something to do.
- ) Something to look forward to."
OP here. Thank you all for the advice. Strangely, it was remarkably homogeneous for this board, lol. In my heart I know the right thing to do. I was raised on the golden rule. But wow it would really feel good, for a few minutes anyway, as I'm visualizing what the physical altercation would be like too (that's just in my imagination folks so don't get wrapped around the axel about it). I know we're just numbers here.....
Take the money and run
I suggest you just smile, say thank you and move on. Don't waste energy yelling at a brick wall. Save it for something useful. Karma will visit those who need it, don't worry.
The only people that deserve to be told off won't be in the room and don't care. They are all in Hudson Yards. The unfortunate soul terming you didn't have any say in the matter anyway. There is no reason to risk your severance in this situation by yelling at the person giving you the news. It might feel good for 5 minutes, but it'll be expensive and in the end you'll regret it.
There is a non-disparagement agreement in the displacement contract that you have to sign to receive your severance. It would be foolish to gamble 44 months of severance to get a brief emotional fix.
I sooooo wanted to go off on my useless manager when I got laid off. But knowing about the 60-day notice, and especially the fact that I was going to get an additional 6 months of severance, well cooler minds prevailed. That's 8 months of time off if you want it. And along with collecting unemployment, yeee haaaaa, c-ya
In today's upside down world you can get fired for anything under the sun. You give them the reason, they will axe you before you know what hit you. They probably don't even need the reason, especially in the case of WF, as many of these postings seem to indicate. They look like they want to wield the axe at the drop of a hat.
Good luck!
@1tuv+1qOE5Gpw
"What if your boss is a psychopath..."
THAT right there gave me the best laugh I've had in a week! It could go so many ways...IF?! Really?!
If you know, YOU KNOW...IJS.
Trust me, getting the severance money feels SO GOOD!
Just retired. Decided I wanted to leave on my own terms, so I kept a positive tone till the end.
I feel better for not ‘rage quitting’.
Why would you do that? And I'm sure like most managers, your manager isn't looking forward to displacing you or anyone else.
Dont vent in anger. Be openly ecstatic to be going and treat the boss like a dear friend who did you a great favor. It will mess with their head far more than you letting them know how much they've gotten to you. And the commenters here are right - there won't be an exit interview. Just dance your way out, even if its an act. Trust me it feels great. Take back your power.
As someone said. Simply say thank you with a big $hit eating grin. The company doesn’t care
Why bother? They dont care they are just processing you out. Take your kiss in the mail and move on. If you feel like you need to vent come here and tell your stories. You might find you are so relieved that you wont think twice about this place.
You are still an employee for 60 days, including the day you are displaced.
You can still be fired during that time for an act violating policy. "Fired" = no severance.
Now people will debate whether mouthing off to your boss will cause that, but do you really want to test that on yourself? What if your boss is a psychopath, and concocts a story about you threatening them or others with violence? Just the accusation is enough to put you into limbo.
Keep you thoughts to yourself, nod and move on.
I wouldn’t say anything. they will
put it in your file and it will be hard to get back in if you need to get back in. Trust me, it happens to my friend after they leave a good term and tell them how they feel for exit interview.
I plan on letting my manager, her manager, and everyone else know how I feel once I leave. I expect some of them may not be around too much thereafter.
I went through the same thing. What I did was go into my (in person) meeting with a big grin on my face and act happier than a pig in mud.
My response when they told me I was being displaced: Great! I was thinking about leaving but now I’m glad I stuck it out.
Just act like you just got handed the golden ticket, and they’ll get the message. And you won’t be risking a thing.
Thank your manager for the opportunity and bank the checks
Displacement/exit interview? I don't know any companies that have those anymore much less WF. They don't care about employees, so there's no reason to get feedback from them.
Same reason there are no evaluations of mgrs by employees. Company doesn't care.
Corporate is a greed factory now, w/execs gorging on the profits made by powerless employees.
That is too much to risk. Don’t do it. After you get your money, now that’s a different story. It’s a bad feeling and you want to communicate but it won’t change anything. I’m going through the same thing right now, just directing my energy towards interviews at a new company. Wells Fargo has become so toxic with new leadership that imo it’s better to no longer even be there. Take that pay day and enjoy this year.
Has there been any California lay offs lately?
Hold your tongue—just do it—and enjoy the nice payout.
@swo+1qOE5Gpw I wouldn't take the advice of someone posting here who claims to have been let go 16 years ago and says he never looked back.
I kept my mouth shut until my 14 month were up.
I didn't have a displacement interview. My displacement was simply communicated, and I was given 2ish hours before I lost access.
nah, don't do or say anything. Just nod and say okay.
I did, but mine was over the phone while I was still working from home, so While my manager was breaking the news to me, I was nodding and drinking mimosas.........
22 years? that's a decent payday, just ride it out for your severance and use the contracting company to spiff up your resume.
pay no mind to your manager what-so-ever, doesn't matter.
Why don't you just tell them after you collect your cash?
Yes, you can be fired and lose the severance. You will receive a 60 day notice and you are still an employee until that date.
I too was a blue Wachovian who got whacked in 2008. Could not stand my First Union director. Yet still, I bit my tongue, took the money and ran. Never looked back, found another job and am now happily retired. My recommendation is sign the papers, and say as little as possible.
Best of luck.
In the grand scheme of things, what would you be accomplishing? Nothing is going to change based on your feedback.
Just wait till you get your package and the say what you want to whoever you want
I was part of the 2008 Wachovia layoff. I received a year plus severance and now expecting to be impacted at some point this year also. If you are affected, more than likely your manager will be affected as some point also. In the end, what will it accomplish other than making you 'feel good'? I'd shut up and not risk it, speaking from my personal experience.
FAFO