Thread regarding Wells Fargo & Co. layoffs

Anyone else feel like they got punched in the face?

Got laid off on Tuesday after +25 years and while I kinda, sorta figured it HAD to be coming I'm still in shock. Given the multiple transfers (further and further from my area of expertise) over the last year or so, I find myself feeling manipulated into the demise of my own career.
Not that it matters much I suppose - haven't we always know that we aren't anything other than cogs in the wheel?

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Post ID: @OP+1uAICVSt

15 replies (most recent on top)

It hurts as first. You begin to realize that the bank has become more of a machine than a partner. You obviously portrayed enough loyalty so that the "bank" transferred you around before expelling you.
But it is time to move on. The capricious method "they" use seems unfair. It is. The machine is not fair to all -- only the people that run it.
I like the youtube site "a life after layoff". Here he talks about Denise
https://www.youtube.com/watch?v=BXrGb_Ju_oU

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Post ID: @1zfs+1uAICVSt

India leadership is the real scam and reason for your displacement. They have taken everyone for a ride. Zero responsibility for anything yet enjoy luxury that is beyond your dreams. You should look at the mansions and how they lord over the minions. It is obscene. American regulators would be shocked if they could understand breakdown of controls and absolute lack of responsibility in India. Our OC are really a group of psychopaths who don’t have a long term interest in this company or country.

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Post ID: @1smg+1uAICVSt

I was let go Tuesday also. I was expecting it for a while but it was still a shock. At first, I thought I was ok with it, but now I find myself asking "why me"? I was in a hub city, wasn't remote and was very good at my job. A stupid question, I know but still. Almost 10 years of busting my butt for a company who only cares about their incompetent execs and shareholders. They are offshoring so many jobs, its going to destroy the company. And at this point, I'm not sad. I'm just extremely grateful they didn't do away with the severance package. I have many months of being paid but the job market is so terrible right now there is an awful lot of fear. Its going to be a massive pay cut, no doubt about it.
Good luck to you and all the others WF have cut and will cut so the Indians can take our jobs.

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Post ID: @1vgs+1uAICVSt

I agree. And it's difficult to still be waiting for the axe to fall. Watching people you've worked with for years go and then have to try to figure out how to do the same job with no SME and no alternatives. This isn't the company I've known for so many years. It's all about Shareholders and turning a profit, no matter that the product is based on how well any employee base can deliver it to the customers.

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Post ID: @1hbr+1uAICVSt

I was with the company for 17 years before I was displaced May of last year. It still hurts; I'm still angry about it, even though I have a great job now. We were loyal employees to a non loyal company. And like you, they highjacked my career. They don't care about their employees.
We are just numbers to them. Hang in there. They say, time heals all wounds. It does get a little better as months go by.

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Post ID: @1nbf+1uAICVSt

Hello. This is praveen and I need you to call us and help us with covering your work. Do the needful

Kindest regards from India

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Post ID: @1cvw+1uAICVSt

You got a 25 year run. I'd bet you're close to retirement anyway, and probably grandfathered into some retirement benefits. FFS, enjoy your 14 month vacation then retire or go do something else. At this point, any long term employee should not be surprised if they get the tap on the shoulder on a Tuesday. I'd be totally fine with a severance deal at this point.

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Post ID: @1huy+1uAICVSt

Hey, you got 14 months of severance/notice checks coming along with full benefits. A few months from now, the shock will where off, and you will still have a year to find something.

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Post ID: @1nay+1uAICVSt

Come on bye. I’ll be glad to give you a punch in the face. I’m always looking for somebody that I can give a good su---r punch to.

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Post ID: @1nzi+1uAICVSt

@qkc+1uAICVSt, everyone at any job is a resource. Why do you think it's called human resource, not human people?

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Post ID: @1sfq+1uAICVSt

25 years is a pretty good run. I know you probably wanted to go out your own terms and that’s tough. Try to let go of any anger and accept that you left the place better than you found it. Good luck with your next step.

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Post ID: @1drw+1uAICVSt

OP— I feel you! When I was displaced. It was as if all the years I worked at this company never happened!
No thank you, no good luck with your upturned life—no nuthin.

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Post ID: @pld+1uAICVSt

@ara
It's not AI that's costing jobs. It's these companies engaging in mass out sourcing to lower expenses and mass hiring of H1B workers. I go into the office and it's 90% Indian, and it's in USA.

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Post ID: @kml+1uAICVSt

Under CS you went from being a team member to being a “resource” and they threw you away when they were done with you.

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Post ID: @qkc+1uAICVSt

It's only going to get worse

Industry experts issue grave warning against AI after well-paying jobs begin to dissipate
https://www.dailymail.co.uk/news/article-13869105/warning-artificial-intelligence-replace-tech-jobs-layoffs.html

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Post ID: @ara+1uAICVSt

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