Thread regarding Wells Fargo & Co. layoffs

Layoffs is executed in faster pace

The layoffs process is accelerating now until June.

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Post ID: @OP+1rXe1GRp

13 replies (most recent on top)

Should still expect them to happen at least every other Tuesday, the Tuesday after a payday. And it makes sense they ramp up starting as early as next week as I believe if you are not "severed" by a date in June (can't remember exact date), you would get a prorated bonus for 2024. Meaning you have to be out of the 60-day notice period and receiving severance pay by then. WF doesn't want to have to pay any type of bonus to someone they lay off, so I would expect to see lots of layoffs very soon.

I also think all the 2 downs have made their location strategies known. They also have not hidden the fact they're moving towards 4 days in office for ultimate 5 and that remote workers will be part of next round of layoffs. Not sure if those with a medical accommodation to be remote but are within the 40 miles of a hub will be included just yet, even though in the end WF will deem that accommodation will longer "reasonable".

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Post ID: @2wbj+1rXe1GRp

I am exhausted by this place, so ready to go

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Post ID: @1tmo+1rXe1GRp

Do the needful.

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Post ID: @1tdh+1rXe1GRp

Remember guys they report numbers on Friday. If the numbers arn't there there is always the narrative... "We will reduce costs by laying off x-x people". Works like a charm.

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Post ID: @ipm+1rXe1GRp

Let the inevitable happen tomorrow. 🙏

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Post ID: @log+1rXe1GRp

PICK ME PICK ME!!!!

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Post ID: @cvv+1rXe1GRp

Please let me be in the express layoff lane.

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Post ID: @dom+1rXe1GRp

Execution to the pace of a goose step

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Post ID: @oul+1rXe1GRp

Thanks for the in-depth report there, Connie Chung

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Post ID: @kwx+1rXe1GRp

Ready and waiting in COO remote non-hub. Please and thank you!

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Post ID: @tda+1rXe1GRp

It's happening just count on it no need for warning

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Post ID: @gzg+1rXe1GRp

If only we had some sort of advanced warning that layoffs would be worse this year

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Post ID: @dgg+1rXe1GRp

FFS grammar folks. Put at-least a little effort into life.

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Post ID: @yix+1rXe1GRp

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