#layoff

Do those put on PIPs receive severance benefits similar to a layoff situation?

If any of us is still under an assumption that Wells Fargo care, hear this out about my peer.
My peer got pre noticed on the second week after coming back from a medical leave. This person received back to back exceeds on year end reviews. Was a top performer and always worked hard.
Manager had to cut down the team size and chose one of the top performers.
Just do what’s required and be transactional. This company doesn’t deserve our talent and hard work.

I hear chatter of layoffs coming to HL. September is right around the corner and it typically happens before Employee Appreciation week.

We know we still have like 26000 people to layoff before the year is over according to Jane’s press release

What departments and locations are being impacted?

News report:
https://www.carolinajournal.com/4th-circuit-cuts-fired-wells-fargo-execs-award-from-22m-to-18m/

Actual decision:
https://storage.courtlistener.com/pdf/2026/08/21/christopher_billesdon_v._wells_fargo_securities_llc.pdf

Laying a disabled person off after they ask for an accommodation is unlawful.

Wells Fargo seems to hate disabled people who ask for an accommodation.

https://wbt.com/1649453/4th-circuit-cuts-fired-wells-fargo-execs-award-from-22m-to-18m/

It is so subjective, isn't it? Use the information that you have and do what is best for you and your loved ones. Clinging to the notion of getting severance has caught up more than a few. Then, surprise, your severance is lost due to a relocation of your work to another division or company such as Cognizant. The only move to make is the one that gives you a semblance of peace in the current environment. Semblance, not actual peace.

Any office middle management from Gulf of America teams laid off? There’s significant amount of middle management in need of being discarded to face the real world.

I visited TheWorkNumber website and an entry under “Verifiers who have procured or attempted to procure your data in the past 24 months” appeared as having been pulled by Verizon in August.

Is this de rigeur for offboarding? I’d recommend everyone check theirs.

If you think the layoffs in 2026 are bad, wait until the bloodbath coming in 2027.

At this point, its literally mental abuse. How I am supposed to work if I don’t know what I am doing is even relevant if I get laid off. This is so frustrating

I'd like to finally move on, one way or another.

I can't say this strongly enough: if you have any skills, any talent, any ambition...leave this place. It's a dumpster fire that will only drag you down. Get out and don't look back.

Can somebody please say what the severance package was like for the latest layoff? Just to see if there were any changes since the last round.

From what I can remember, layoffs almost always start on Tuesday, so I'm going to assume it's going to be the same this time. I don't buy this "layoffs are canceled" talk, we all know it's going to happen.

It be your boss that's laid off, or you yourself

So far it’s been rumored over the past 6 months that every week the EISP is coming.Yet here we are with more rumors of rumors.I would say I have been watching so many fellow union associates keep putting off their plans .At this point if they are ready to they should just go !!If the extra money is the deal breaker maybe your not ready to go .But ya so tired of hearing the same conversations!!!

In TRM and part of risk - my game with BNY ended today. Was. Good stint for 14 years. But have no regrets.

Every time they need to hit a number, they cut people. It's their only move.

Everything is working out well for us, and this leadership has never been the one to lay people off just for the sake of layoffs. Please, correct me if I'm wrong, but I'm done stressing over cuts, at least for now.

Any clue if more layoffs are planned?

Just for now, of course. But it's something.

More pink slips are going out to workers at Wells Fargo.

The Iowa WARN website says an additional 14 workers will be laid off from the bank's West Des Moines campus effective October 17th.

A total of 322 Wells Fargo workers have been let go from the Des Moines metro so far this year.

https://whoradio.iheart.com/featured/who-radio-news/content/2026-08-24-more-layoffs-at-wells-fargos-west-des-moines-campus/

And I have a feeling I'm not the only one who feels this way. This place has gone from bad to worse faster than I expected. I'd be happy to leave it behind for good.

This place taught me that couldn't be further from the truth. I have been a high performer, always available, never complaining, and yet I got miserable raises and no promotion. Elevance is the one that did everything wrong and accepting that has been so liberating. That was confirmed to me when my manager panicked when I told him I was leaving. They even wanted to counter the offer I got. Too little too late.

There have been little to no chatter about more layoffs. Is this something to welcome or worry it's the calm before the storm?

The wait is worse than knowing. At least I'd be able to start planning my next move. But no, we have to wait another day or who knows however long.

Coming from management line - RIFs are confirmed and they will to be double digits. Discussions are still in progress.

I've seen too many coworkers get laid off and panic because they'd been out of the hiring game for years. Start looking even if you're staying. Apply, interview, and keep your resume fresh. The worst that happens is you see what's out there. The best is you get an offer you can't refuse. You've got nothing to lose.

3hr end-of-day call for his entire org plus the legal AVP and HR Principal that are usually "optional" invitees. There's already a 1hr Town Hall on 26-Aug, and three weeks notice for the invitation seems like an awfully long warning for a "you're all fired" meeting. Anybody have any real information?

The leader of our team just disappeared, no good bye email, no thanks for all the hard work, nothing. Just gone. Her linkedin does not show Insight as her employer anymore, it did just last week. Tried to send an email last week and it just went into a black hole, or where ever her emails are now forwarded to. I think from reading other posts on here that she was terminated, no early retirement, just role eliminated I guess. Seems to be the main tactic used to put people out to pasture. Whack-ATTACK-Jack sure is making his markie mark. I'm not sure it's leadership being demonstrated here, just desperation to get the numbers in line to get a bonus and sure is devoid of any real strategy.

Does anyone has any idea or any news regarding next round of WFR. When it will be and on which basis it will happen? Also, what is the future of ISG and it's product portfolio as based on current wave it doesn't seem there is any vision or strategy for product to release in next quarter.

My manager is asking me politely to resign... Should I report it? Is there any law I can use against them?

Is it standard and final?

I just heard that some RVP’S were on the chopping block, about to be canned, or were already canned. What’s the skinny on it?

Well, here we are. Last week of August. If anyone is affected this week, or hears of other people/departments/regions affected, let's post it here and use this thread to keep each other in the loop. Good luck everyone, whether you want to be made redundant or you want to stay, wishing you the best.

everything InfoSys touches s*ck and causes more layoffs. why not just sell the company to Indians?

Do you think tomorrow is the day? I’m so tired of being anxious all the time. I’m having nightmares of getting laid off at nights. It’s draining my soul.

Five9 hires people for the next layoff round. You've got 12-18 months max. Use it wisely.

No empty talk, no posturing. If they offered me a package, I'd take it in a heartbeat. Fifteen years ago, I joined the company of my dreams. Today, it's the one of my nightmares and I can't wait to find a way out.