Thread regarding Wells Fargo & Co. layoffs

Volunteer for Layoff

I know couple people who volunteer for layoff and were laid off.
But I read on this forum many times that you can not volunteer.

They indicated to their manager if layoff come up - they should choose them first.
However, my take is even if they do not volunteer, maybe they would have been the chosen one.

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Post ID: @OP+1tWOfilB

11 replies (most recent on top)

I know someone who did this, but they had a good relationship with their manager and were close to retirement already, so offered to take the hit so younger folks could keep their jobs. Its definitely not something you can formally do, you need to judge if your manager is cool and willing to work with you on the downlow.

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Post ID: @2pod+1tWOfilB

Weird.

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Post ID: @2czh+1tWOfilB

@1pil+1tWOfilB

This is the way.

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Post ID: @2aks+1tWOfilB

I know several people (mid to high performers) who volunteered to be laid off and their mgrs were able to make it happen. Not sure how they did it but they did. Probably depends a lot on your mgr and peers. I you have peers who have performance issues, they would probably get laid off first.

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Post ID: @2bik+1tWOfilB

@1pil+1tWOfilB bravo. @1pil Same here. So "volunteering for layoff" is a task of "quiet quitting". One part of this is assessing how to tell management, or let them know, that you would gladly be in the next layoff.One part of "quiet quitting" is to become a squeaky wheel. Learn how to complain and become an a..s..Hole. Not enough to get fired but enough to irritate management.

Anyway they laid me off and severance got me another year of "delayed retirement benefits". This was several years ago at the beginning of the WF Hunger games. Good song to play before work https://music.youtube.com/watch?v=t6gcxNFc1I0

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Post ID: @1vba+1tWOfilB

When I was ready to retire I just made sure my manager didn’t like me. Instead of quietly toeing the line like a good little drone, I became more outspoken and honest. I was successful in getting a layoff with a chunky severance three months before I was going to retire anyway. Cha Ching!

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Post ID: @1pil+1tWOfilB

OP here.
When people volunteer - it does not mean they want to be laid off immediately.
For example, telling your manager if there is layoff in 2025, then you volunteer.

But like others have said , even when you volunteer , when the time for layoff comes, you might not be in the list eligible for layoff. E.g DEI team member.

My guess is HR will have a list of those that can be laid off in one group - and the manager or higher up will choose. So far it seems the higher paid you are , the more likely you are on the list.

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Post ID: @uzq+1tWOfilB

I personally know someone who volunteered because he was close to retirement and wanted to save a younger person’s job. He wasn’t laid off. They picked someone else.

Then he was bullied, demeaned, and marginalized until he quit. They got a two-fer.

Hard experience like that is why people say don’t do it

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Post ID: @evz+1tWOfilB

There is no department at WF that has had a process to accept voluntary layoffs. Their goal is to get people to quit before they need to pay severance. Paying people to leave would defeat the purpose.

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Post ID: @iux+1tWOfilB

You can resign freely from Wells. You will not get severance. I have heard of no one getting severance without being laid off. I have heard of people trying to negotiate retirement agreements and failing....

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Post ID: @kio+1tWOfilB

Can’t quite tell if you are asking or even saying much from what you wrote. No offense, from someone who has malformed posts here more than once.

I’ve seen volunteering work where the team is strong across the board and the choices are hard. It is kind of on the down low. And I don’t know what happens if a you’re a star-rated employee with no basis to be severed. 😃

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Post ID: @dic+1tWOfilB

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