Thread regarding Wells Fargo & Co. layoffs

I got this job 8 months back, but let go as they did a LIFO on me.. not performance but because I joined just 8 months back !

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Post ID: @OP+1swcvNgf

16 replies (most recent on top)

@1iow+1swcvNgf, I worked 5 years at Wells Fargo, and I got 10 weeks of severance, which is only two additional weeks to the severance package this guy will receive (8 weeks). The HR letter told me each employee gets two weeks of severance for each year they served after the 60 day notice. So there is not much difference whether we worked 5 years or 8 months. Did I get ripped off by Wells Fargo?

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Post ID: @1rqr+1swcvNgf

Sorry for your end result. Same 60 day notice applies and all employees with under 5 yrs experience get 8 weeks severance on top of notice.

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Post ID: @1iow+1swcvNgf

@frt+1swcvNgf

Ad to that about 95% of the posts here.

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Post ID: @1uke+1swcvNgf

This thread is useless

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Post ID: @frt+1swcvNgf

OH NO! 🤣😂🤣😂🤣😂🤣😂

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Post ID: @lgu+1swcvNgf

BWAHAHAHA!!!

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Post ID: @xmx+1swcvNgf

@wfj+1swcvNgf Don't take it personally. IMO you will find that this is a blessing in disguise. Hopefully, you will lose any bad habits you might have picked up working at this bank.

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Post ID: @fjb+1swcvNgf

@wfj+1swcvNgf You have rocks between your ears? EVERYONE who is Severanced gets 60days plus 8 weeks. FFS you should be term’d for cause, too bad it sounds like you’ll still be here dragging the place down.

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Post ID: @arf+1swcvNgf

@nnp+1swcvNgf, OP has not accrued enough vacation time or severance in 8 months.

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Post ID: @wfj+1swcvNgf

You got a two-month vacation I hope! The managers aren't going to say but I bet they can only backfill with offshores.

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Post ID: @nnp+1swcvNgf

op,
So? And your point is....

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Post ID: @hih+1swcvNgf

LIFO = Last In, First Out

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Post ID: @upg+1swcvNgf

They already knew in 8 months you weren’t gonna work out and cut ties.

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Post ID: @kdt+1swcvNgf

LIFO: Lacks Intersectionality, Fast-track Out!

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Post ID: @omf+1swcvNgf

🥱🙄

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Post ID: @mfz+1swcvNgf

Ok? Seems like a reasonable approach if all else is equal.

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Post ID: @rjc+1swcvNgf

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