To folks who were laid off 2-3 times throughout their tenure but continued to apply internally, move to a hub and stay with WF, why do you want to stay here?
13 replies (most recent on top)
Sure. I sorta did. They just didn't know it. the benefits are not jack..... so, I did not suffer too bad.
but, I still say I retired from wells, even if they don't think so.
ta-da!
I’m not coming back. My health and everyone I know that was laid off has had remarkable health benefits. The place is so toxic, it’s not worth my life.
Although I despise our upper management, I have an office of really nice people. Good pay, tons of pto. The bad thing is that tasks are becoming harder to do every day, horrible I/P support, and the negative ramifications are now seeping into our work life due to incompetence of upper management starting at 3 levels up.
A lot of people that work here would have a tough time in more challenging environment where they would be held accountable to high standards.
This place is mediocre at best, criminal at worst for those who have never worked elsewhere.
One deciding factor for coming back is that it's the path of least resistance for someone who may not desire much more than before.
This is the large majority of people. A steady paycheck is more important than the effort or risk it requires to obtain more opportunities, challenges, etc.
WF is an incubator for these people and for good reason: Few if any will make demands or expect much from the company.
In some cases it is a win-win, each individual has their own story.
Just to annoy you and cost the ivory tower types more severance money, OP.
Sounds like many people are brainwashed in this plantation. We are all mindless cattle here.
I been laid off a few times at other financial institutions and the amount of folks that have been here 15 plus years was mind blowing. I’m actively looking but really don’t want to start over (less than 10 years at WF) with PTO. For the most part compared to other FIs I’ve been happy here, but when I’m laid off I plan to exit banking.
Salaries are good, PTO good, benefits average (my wife’s benefits as a state gov employee are way better, especially health care).
I was laid off over 10 years ago b/c some jacka$$ new exec came in and decided a few of us weren't needed anymore (including my boss at the time). I had been doing work for different groups at the time and had a job w/in my non-working period (at the time they didn't cut off access right away). I basically got two months of goofing off b/c it was near the end of the year and new position started in Jan.
If it happened now, I'd bail and not look back.
I know somebody that got laid off, went to another company, then came back like a year or more later. So they lost seniority etc. I don't know why the F that person came back.
If you spend all day on this board you would think that everyone at WF hates their job. Many people are still very happy.
for many of us, our situation at WF isn't that bad. For me, benefits are pretty good, decent work life balance, and for the most part my managers over the years have been pretty good, leaving me alone to do my job and supporting my development. Layoffs happen and your manager usually has nothing to do with it. as with most things in life your mileage will vary and I get that for every person who has a great experience there are others who have the exact opposite.
The job market su-ks, salaries at WF are better than average, and our benefits (especially PTO) are outstanding.