Who decides specific candidate to layoff in a team? . Is it your direct manager/director or above?. Hard and honest work is not valued at WF. Most of the middle management needs to go, they are good for nothing. They are pure trash.
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I'm sure it varies from group to group, but what I have seen in the area I worked in, is the higher your salary, compared to your peers, the more likely you are to get displaced. This also happens to often equate to the oldest people getting displaced, but of course, that's not something anyone would ever say, about a protected class.
Tell me you're not in management, without telling me you're not in management.
M1s-M4s are not making these decisions. M5 and higher are more involved with those higher up having more influence.
Some groups they go to the manager and say “give me a name.” That’s all I know…
I got to pick indirectly. I was asked to rank each employee based on HR provided attributes for the job title and level and how each employee was doing against each attribute. In my case the person at the bottom of the list was displaced.
I'm a manager in Technology, which decided a year ago to displace employees not in a core location over the span of 2 to 3 years. So, if you're not in a core location, you know you're on the list. You just don't know when your name will come up. Your manager might or might not know when. Your manager might or might not have any say in the timing. Some employees will be offered relocation, while others won't. Your manager might or might not have a say in this either. I've spoken with some of my peers, and each department seems to do this differently. It's a mess.
I wish I could walk around my floor and choose. Could easily eliminate 30%.
Yeah my layoff notice said "performance" and seemingly so does everyone's. It's a meaningless line in the notification that they could probably be in trouble for if enough people banded together to press the issue, but WF logs everything for every employee.
I'm sure if anybody tried to push back, they'll just pull the logs and say "Oh, we found out that you just stared at your screen and didn't type anything for an average of 3 hours per work day." Nevermind the fact the employee was probably on meetings an average of 4 hours per day, aligning with the 3 hours they weren't typing anything, but you get the point.
WF uses an outside company (another post mentions that company by name) to cover all their bases. When you are laid off, the first thing you sign is basically a couple pages of non-discrimination paperwork where they provide you with proof that you were laid off in a pseudo random way. That is also proof that your manager doesn't have any say in who gets laid off. Supposedly managers can mark maybe 1-2 employees as critical, but everyone else is fair game to the layoff algorithm.
No we don’t. This for M1-M3 level. I believe M4 level are informed early but still have little choice.
If location strategy that is done by ops committee on BOD.
"Who decides specific candidate to layoff in a team? . Is it your direct manager/director or above?. "
Above.
"Hard and honest work is not valued at WF. Most of the middle management needs to go, they are good for nothing. They are pure trash."
And your point is...what? That your glad that middle management ISN'T making that decision or are you just rambling?
BS. Mangers are in the loop making decisions. Don't be fooled by what they say. This is just an attempt to maintain order.
8 years of employment in Tech. I answered the last question on my employee survey “Yes”. Always received “meets” or better on my yearly reviews. Canned 8 months later.
Managers have nothing to do with the minions being let go. I'm not talking about upper management, directors being, etc. being let go, I'm talking about boots on the floor. I was the highest performer in my group and was canned. I still talk with my peers. 6 months after I was canned, they hired a contractor to take my place. Then 3 months after that they hired another contractor. 2 People hired to take my place, hmmmmmm. Here is the best part, in small print, well kind of, it doesn't directly state why I was canned, except there is a title of some sort that states, Performance. McKenzie is the third party outside company running all the algorithms, and they then give those names to WF. So, it's not a bunch of cronies sitting around drinking beers deciding who goes. This is all done so WF does not get sued. No favoritism, no nothing. And that's one of the main reasons why WF has a such a darn good severance package, cause most if not all, take it.
Directors make the decision with approval from their executives. This is done far in advance because a business case has to be proposed and approved by HR. They have to make sure the selection isn’t based on legally protected attributes of the employee. Most managers don’t know until a few days before displacement day. If the Director is delegating the dirty work to a manager, the manager has to take some training and attend a preparation call with Displacement Operations. This usually happens on the Thursday or Friday before layoff Tuesday.
I have spoken with managers who were caught totally off guard when some of their employees were displaced. The only reason the managers found out was when the employees texted them to let them know the news.
At this bank, nothing is organized, so the decision can come from anywhere on the management chain. Probably depends on LOB.
As you say, "Hard and honest work is not valued at WF." Could you ask why? The answer is that hard and honest work is not defined. Never could figure out how the management could measure your performance when they didn't know what the "work" entailed.
Manager
I heard it comes from 2 above your manager.