10:31 est wells fargo (wfc) sees severance expense $500m lower in 2025. We'll break down the current situation, analyze past severance trends, and show how wells fargo's packages compare to other banks. Plus, by sharing your severance details on fired. fyi , you can see how your offer stacks up and potentially negotiate a better package. Where can we actually find the severance plan details? Nobody i've talked to can seem to find them.
A full 3 years will net you 6 weeks. Your packet will have the specifics though on your severance period. The current severance plan is how the bod and executives sleep at night after displacing so many people. They believe it is fair and their consciences are clean. Wells fargo ceo charlie scharf said tuesday that low staff turnover means the company will likely book a large severance expense in the fourth quarter. Wells fargo laid off a bunch of technology people, me included. But i got a job consulting, and i was collecting my severance. I had been collecting unemployment, until i got the consulting. If you want to keep your job, 2025 is not the year to see what you can get away with to meet the minimum required for your job. We managers know who you are and the.
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