Layoff at Wells Fargo today
Lots of people in Technology are cut. People were called into random meetings and told that their access will be off after the call. My cousin and all his teammates were impacted despite his Exceed Expectation rating! It seems WFH folks are heavily impacted. Severance is 60 days of pay plus tenure pay.
RIP
Location?
US nation wide
Layoff count? 69 days severance package is $hit
Is it bangalore?
In the US? Wells Fargo still has so many job postings for Bengaluru and Chennai in India. Maybe related or maybe not.
in US only
Well there is the answer. The jobs got offshored. F to those affected.
Where did u get the idea of wfh folks impacted 😂 there’s not a single info on this
Doesn't NY require 90 days，instead of 60 days?
If they want severance they have to agree to 60 days leave of absence then they get severance. So they’re still @here
This is Nation wide, I am sure different location will have different severance
Swe impacted?
yes, SWE, Network Engineer, QA, PM all impacted