If you're going to be laid off has it been in the works for while or of a more last minute thing.
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it is very tight lipped. I got the nod something is coming and to hang tight since I have a toxic report and was going to log a HR case. It was also implied by a sr exec that remote and non core, non specialty employees will be used to hit the target # for this year.
Wells Fargo is using a computer program called Analytical Hierarchy Process or better yet referred to as AHP. It is completely flawed and is using workday along with performance metrics to lay people off. Unfortunately, the program is flawed and is displacing the wrong people as it is skewing the information wrong. HR and ER are filling aware and many people are upset. The executives know the program is making mistakes and started re using it in January after stopping it’s initial use in late September/October. The execs are sweeping this under the rug. There is no indication what info they are pulling from workday
I hate this fu{k!n€ place
If a direct manager doesn’t know, 1-2 levels above them do.
I knew it was coming about 60 days before they put me out to pasture.
- The WF horse.
The non hub employees were put into pools. Directors were to supply the list to HR in mid October with the names/locations. Layoffs will happen in waves with each pool. Your manager has no say or what pool you are in till it's your time.
They put a list together of what each person on the team is working on & put their time allocation next to it as a %. It's completely arbitrary, unscientific and unverified. The person you want to be laid off gets a low % to show that their time is not being 100% utilized. So, favorites come in at 100-150%, non favorites at 50-90%. It's % of utilized time based off a 40 hour work week. They put some random hour allocation in next to each task. As a disclaimer this is my educated opinion.
@ioh+1rPZRQZd
So if you are "quietly quitting" you should do enough not to get fired but show that you are not contributing. How is a person's "low-efficiency utilization %" calculated? Is this why everyone is playing around?
The manager can set up whoever they want to be aid off months in advance by skewing the efficiency ratios/utilization reports months in advance & showing the person they don't want as having a low efficiency utilization %. Then at lay off time they claim they knew nothing. This is how it is in CCAR.
Displacements that happened for our team in March, mgrs knew in December.
Yeah, I've had to displace people and I never know more than 24 hrs in advance.
Your direct manager usually has no idea about the layoff until the day before or day of. Your two-up knows a few days in advance.
Getting rid of US workers has been Shart's only plan since he became CEO, so no, your layoff isn't a spur of the moment decision. The only reason it has taken so long is that he believes he can torment people enough that a certain % will quit and walk away from their severance. He frequently laments that people aren't quitting fast enough and uses high end consultants and his sycophant laden OC to dream up to new ways to make our lives miserable.
For displacements, It takes at least two months or as much as 5 months from when a manger initiates the paperwork to when the layoff happens
Nothing is spur-of-the moment at WF. Unless you do something that is an immediate termination like violence in the workplace -
@stv+1rPZRQZd
Managers do not always know! I know of multiple cases where the two up manager found out only the day before, but the direct manager did not know until the same day the notice was given to the employee. I believe it depends on the group, and each case can be different.
T - ~4 weeks
Oh yeah. HR has already signed off on it at least a week before your cut. And your Mgr knows, But they can’t tell you. When you get your severance package you’ll see what I mean!
The OP wants to know when someone has been laid off is it on the spur of the moment... or has it been planned in advance?
I was not a manager and do not know how managers plan at WF (or if they do...) Probably depends on your LOB, the particular manager, or manager stack above you, your replaceability with India "talent", your location and the applicable location "strategy", your last review, etc.
From what I have seen the layoffs appear to be as arbitrary as h...
If I was still at WF (laid off over 3 years ago) I would consider I am a dead (well laid off) person walking. If it is not the contractors or the P&I replacement today it will be robots and AI tomorrow taking your job.
Wtf does that even mean?
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