Wachovia Layoff

World2World4 in kansas city, Aruba said: 150+ letters have been submitted by former World Savings employees so far:

www.goldenwestworld.com/employee-letters/

Yes, and the "proof" on the sound lending practices are based in large part of data collected over the last 40 years. As if the economic catastrophe that we are in now somehow fits into that scenario.

Face it, World Savings was a player in this economic disaster, the Sandlers made a brilliant exit and many of the World employees, despite being unemployed, remain loyal.

If that doesn't sound like a cult, I don't know what does.

Face it, Neg am is not good long term, especially with investment speculators. You all know it, but won't admit it. Hold on to those Pick a Pay's because it's not likely we will see that type of loan again in our lifetime. Don't get me wrong I love my 4% CODI. Just don't think it was good for our economy or our country.

Teddy Bear in San Antonio, Texas said: Yes, and the "proof" on the sound lending practices are based in large part of data collected over the last 40 years. As if the economic catastrophe that we are in now somehow fits into that scenario.

Face it, World Savings was a player in this economic disaster, the Sandlers made a brilliant exit and many of the World employees, despite being unemployed, remain loyal.

If that doesn't sound like a cult, I don't know what does.

Face it, Neg am is not good long term, especially with investment speculators. You all know it, but won't admit it. Hold on to those Pick a Pay's because it's not likely we will see that type of loan again in our lifetime. Don't get me wrong I love my 4% CODI. Just don't think it was good for our economy or our country.

The issue isn't whether the PAP was good or bad. It can be used badly, yes. Did some people "qualify" using inflated incomes? I'm sure some did. Of course that means the borrower participated in fraud, and possibly the broker too. The borrower signed an app saying they made x dollars per month, and if the loan was QQ, the underwriter should be reviewing that income for reasonableness. If not, then that underwriter didn't do the job.

Question is, if PAP was so bad, (1) why is the portfolio still profitable, and (2) why did Fannie and Freddie get taken over, and why did so many other banks that DID NOT participate in option ARM loans, go into receivership? Hmmm?

BlutoDidit in Algonquin, Illinois said: I am interested in hearing about this if it is available in the Illinois area. Thanks for the post!

Funny comment, WSL cared about its employees? Well let's see. They knew for 5 years they were going to sell. I should know, I worked in HW and was asked to gather information about other banks, mainly Wachovia. I was very underpaid while they kept saying, at least it is a stable job, while they made money hand over fist. I was forced to work overtime when I did not agree to it and was not part of the agreement when I started. They lied and said they spoke with their lawyers and said they were in the right. I spoke with my lawyer and they were in the wrong. Then they came back with a bunch of excuses. Yeah, they really repect their employees. You must be one of those brown nosers. They were not truthful or ethical in their dealing with me and others. Depends on if you are part of the "in" crowd at World. World is different than other companies. It is much more political and much less rewarding then any other job I ever had. And the Sandlers either knew about it or asleep at the wheel. Either way, hardly great management at World. There is a lot more to management then just making money!

You are scary! We must have been working for 2 different companies!

been there, done that in Los Angeles, California said: You are scary! We must have been working for 2 different companies!

Why am I "scary", because I tell it like it is? I worked in I.T. at H.Q. And that is the way it was.

When are the layoffs gonna start?? I'm still waiting. Seems pretty quiet so far with the Wells/Wachovia merger... 30 bucks a share to 8 bucks a share.... hummmm....

They have already started with the layoffs. All Wachovia contractors (anyone not a FTE), at least in the mortgage area, have been given end-dates. Some are already gone. Most will be gone by next month. All will be gone by June.

jd1998 in North Carolina said: They have already started with the layoffs. All Wachovia contractors (anyone not a FTE), at least in the mortgage area, have been given end-dates. Some are already gone. Most will be gone by next month. All will be gone by June.

Nice!

jd1998 in North Carolina said: They have already started with the layoffs. All Wachovia contractors (anyone not a FTE), at least in the mortgage area, have been given end-dates. Some are already gone. Most will be gone by next month. All will be gone by June.

it started in FL today. Some were given their 60 day notice. Others were being transfered to different areas.

Alicia Chambers in Someplace USA said: it started in FL today. Some were given their 60 day notice. Others were being transfered to different areas.

Wells has wasted no time. At least nobody has had to be put through 2 years of torture as some were with the Wachovia layoffs.

Jerrod Smodeed in Tennessee said: Wells has wasted no time. At least nobody has had to be put through 2 years of torture as some were with the Wachovia layoffs.

I know, Wells is quick with the hammer. A lot of people left prior to this, seeing the writing on the wall, all the managers would double talk about the company and how great everthing was.
I feel that they knew the end was near but wanted the employees to stay and clean up the files.

x-World employee in Bay Area, California said: Funny comment, WSL cared about its employees? Well let's see. They knew for 5 years they were going to sell. I should know, I worked in HW and was asked to gather information about other banks, mainly Wachovia. I was very underpaid while they kept saying, at least it is a stable job, while they made money hand over fist. I was forced to work overtime when I did not agree to it and was not part of the agreement when I started. They lied and said they spoke with their lawyers and said they were in the right. I spoke with my lawyer and they were in the wrong. Then they came back with a bunch of excuses. Yeah, they really repect their employees. You must be one of those brown nosers. They were not truthful or ethical in their dealing with me and others. Depends on if you are part of the "in" crowd at World. World is different than other companies. It is much more political and much less rewarding then any other job I ever had. And the Sandlers either knew about it or asleep at the wheel. Either way, hardly great management at World. There is a lot more to management then just making money!

So, were you an hourly or salaried employee? I'm not surprised that your lawyer disagreed with the Golden West attorneys, but did anything come of it? Did you take them to court? Did you win? Believe it or not, there weren't a lot of people who were the "in" crowd at World, I certainly wasn't one of them, I was one of the ones who usually mocked them though, cause we cleaned up most of their messes. That's not to say they were a bad company. Every company has that sort, that you just have to work past to get a good job done.

I'm curious, you were an IT guy, in the heart of technology central; if the pay was so bad at World, why were you there?

Phila Buster in Washington, District of Columbia said: So, were you an hourly or salaried employee? I'm not surprised that your lawyer disagreed with the Golden West attorneys, but did anything come of it? Did you take them to court? Did you win? Believe it or not, there weren't a lot of people who were the "in" crowd at World, I certainly wasn't one of them, I was one of the ones who usually mocked them though, cause we cleaned up most of their messes. That's not to say they were a bad company. Every company has that sort, that you just have to work past to get a good job done.

I'm curious, you were an IT guy, in the heart of technology central; if the pay was so bad at World, why were you there?

I was salaried. I made a trade off, they let me work from home a few days a week and I would not sue them. They changed their mind later and I left. But the reason I stayed was because I could work from home a few days a week. Plus once they screwed me over, I coasted for the rest of the time I was there. Once I found a good job, I took it, I did not wait for the severance, if I had, I would be out of work now. I had an exit interview and told them this, and they never followed up. That is why it bothers me when I see all these post on how great of a company they are, they aren't or they would still be in business. They did not run the tight ship people thought they did. In fact, I saved them from wasting 3 million dollars in one year.

I was paid very well. I doubt I will ever be paid what I made as a World employee. I am talking triple digits. I worked at home quite frequently without having to make "deals" My misery did not begin until after 2006

It was Wachovia that decided when to lay people off not World.

Jerrod Smodeed in Tennessee said: I was paid very well. I doubt I will ever be paid what I made as a World employee. I am talking triple digits. I worked at home quite frequently without having to make "deals" My misery did not begin until after 2006

It was Wachovia that decided when to lay people off not World.

You must have worked on the loan side. See the extreme difference of treatment? I love people's responses, why did you work there? Aren't you missing the point? World constants says what a great company they were. Do you think a great company treats some like crap and others like royality? The Sandlers are just big hypocrites and were so out of the loop when it comes to managing their employees.

We have not walked in each others boots so I hear what you're saying. We both experienced different things and that will be what we remember for years to come. No sense in everyone getting in a twist.

x-World employee in Bay Area, California said: You must have worked on the loan side. See the extreme difference of treatment? I love people's responses, why did you work there? Aren't you missing the point? World constants says what a great company they were. Do you think a great company treats some like crap and others like royality? The Sandlers are just big hypocrites and were so out of the loop when it comes to managing their employees.

I worked on the loan side as an underwriter, and I worked some seriously long hours, though I walked into it with both eyes open. As a salaried employee, you are giving up overtime for a secure paycheck that doesn't waver.

I didn't make as much as the reps, for sure, but the money I made was pretty damn good. I didn't ever work on the tech side, but the tech people we had that I personally knew were paid very well for the regional average. I'm sure it was different for you, but you were likely in a different region.

The law in California is, you must pay overtime, unless it was agreed by both parties. When I started I was told maybe 1 day a month and that is it. Then then transfered me and next thing I know, I am working 60-80 hours a week. That is against the law in California, you cannot increase hours without both parties are in agreement. And to top if off, they lied and said they spoke with World lawyers and they didn't. Once I mentioned I spoke with my lawyer, they backed off in a heartbeat. If I had stayed, I would have sued them. So I said, let me work from home then. They did not want too, but knew I could sue them. Then they changed their minds. Luckily at that point I found another job. But again, everyone is missing my point. World Savings was hardly the great ethical place they claim. I know others that were mistreated as well. It is not like I wanted to work from home to screw off. I have a terminally ill brother to take care of, and since they paid crap, I could not afford a home nurse for him. Even though they claim how charitable they were. This did not even cost them any money, it was just they wanted to show their control over me. I do not care how others were treated, just know there are several out there that were treated as bad or worse. While the Sandlers sat in their office stating how great they and their company was. Bottom line, World was no different then any other corporate company, regardless how much people want to claim it was. Just another greedy corporate environment.

x-World employee in Bay Area, California said: The law in California is, you must pay overtime, unless it was agreed by both parties.

Sorry, gotta snip this. Too long for me to get my response in. All of your arguments are valid ones in relation to your location.

Since we've established that it was in CA, maybe the issue is the oppressive way CA treats business. This was one of the reasons the Sandlers relocated much of their operation to Texas.

When one is an exempt employee in TX, they are not eligible for overtime pay, but are also eligible for the same pay if they work 30 hours or 50 hours. Non-exempt is a completely different story. Every minute is tracked, and overtime is monitored closely.

But then, TX isn't suffering like CA is right now, so we look pretty good. I'm sure that if TX was in bad shape (like during the 80's oil crash) we would be crying in our beer right now.

x-World employee in Bay Area, you seem to be unfamiliar with CA law. If you were an exempt employee and made over $41 per hour, you were not eligible for overtime pay. Google it. www.trinet.com/resource_lib/articles/non-exempt.htm

You must not be familiar with California law
At the time, the minimum hourly rate to "exempt" a comuputer employee was way below what I was making. And I also consulted a lawyer who told me the same thing.

blog.griegolaw.com/2007/10/15/minimum-pay-for-computer-worker-exemption-is-decreased/

Ode to the World Savings Appraisal Department

Half a league half a league,
Half a league onward,
All in the valley of layoffs
Rode the six hundred:
'Forward, appraisers!
Charge for the guns' he said:
Into the valley of layoffs
Rode the six hundred.

'Forward, the appraisal department!'
Was there a man dismay'd ?
Not tho' one knew
Some one had blunder'd:(Rick Langdon-traitorous beast)
Theirs not to make reply,
Theirs not to reason why,
Theirs but to do & die,
Into the valley of layoffs
Rode the six hundred.

Liars to right of them,
traitors to left of them,
deceivers in front of them
Volley'd & thunder'd;
Storm'd at with shot and shell,
Boldly they walked and well,
Into the jaws of Death,
Into the mouth of Hell
Rode the six hundred.

Flash'd all their dreams bare,
Flash'd as they turn'd in air
They saw the gunners there,
Charging an enemy while
All the world wonder'd:
Plunged in the battery-smoke
Right thro' the line they broke;
Managers, reviewers and appraisers
Reel'd from the displacements,
Shatter'd & sunder'd.
Then they walked back, but not
Not the six hundred.

Liars to right of them,
Traitors to left of them,
Deceivers behind them
Volley'd and thunder'd;
Storm'd at with enemies wishing well,
While man and woman fell,
They that had fought so well
Came thro' the jaws of Death,
Back from the unemployment rolls of Hell,
All that was left of them,
Left of six hundred.

When can their glory fade?
O the lies that were made!
All the world wonder'd.
Honour the stand they made!
Honour the these workers,
Noble six hundred!

decent appraiser in central states, Virgin Islands said: For those of us layed off mid November 2008. Is everyone having trouble communicating with HR regarding Cobra benefits. I have sent in two months of payments,but No one in Hr can tell me if I have coverage? Its the most bizarre thing. I mean aren't they the human resources experts. I had to send in payment without receiving a bill(over 30 days since my job end date). Finally got my severance, the day of that payment was shrouded in mystery also. If anyone can shed light on whehter myself and my family have coverage, it would be greatly appreciated. Wachovia, What a Company!!!!! World Savings was the best!

This is the first time that I have replied on this site. I have followed it for many months and agree that WSB was a fantastic company. I have yet to receive any formal statement regarding Cobra, although I have paid the money to the Wach.Corp. Money that should go to cobra for the first two months. No one in HR can tell me if Cobra will send bills to me, or if I just keep paying out to Wach. until it's the end of my severence. At which point i will not be able to afford to keep Cobra. and a Med condition will make it very hard to get other health insurance. This worries me because Cobra ultimately has the final say and I need that medical coverage.
I miss my friends in appraisal, I worked with a great bunch of people from all over the country. I met a lot of very bright and very dedicated appraisers. It was an honor to work with and for them.It's heat breaking to see so many people who have lost their jobs and dignity. The older ones have it very hard. They have families with kids in college and if they are like me, they are faced with some very large issues to deal with in this economy.
Right now i feel that any job is still better than no job----Read how starbucks changed my life. The glass is still half way it's whether you want to see it half full or half empty.

doggy in San Antonio, Texas said: This is the first time that I have replied on this site. I have followed it for many months and agree that WSB was a fantastic company. I have yet to receive any formal statement regarding Cobra, although I have paid the money to the Wach.Corp. Money that should go to cobra for the first two months. No one in HR can tell me if Cobra will send bills to me, or if I just keep paying out to Wach. until it's the end of my severence. At which point i will not be able to afford to keep Cobra. and a Med condition will make it very hard to get other health insurance. This worries me because Cobra ultimately has the final say and I need that medical coverage.
I miss my friends in appraisal, I worked with a great bunch of people from all over the country. I met a lot of very bright and very dedicated appraisers. It was an honor to work with and for them.It's heat breaking to see so many people who have lost their jobs and dignity. The older ones have it very hard. They have families with kids in college and if they are like me, they are faced with some very large issues to deal with in this economy.
Right now i feel that any job is still better than no job----Read how starbucks changed my life. The glass is still half way it's whether you want to see it half full or half empty.

I too, am a displaced employee from appraisal and have been paying the COBRA payments. A couple of things I can tell you. If you sent in your first 2 months payments, then you should start getting a monthly bill in the mail from them for you to send payment. Secondly, I have not actually called, but with the government stimulus package, you may be eligible for more and longer coverage under COBRA. Right now, my payment amount is approximately 50% of my COBRA premium, but I am looking into the package where the government pays up to 65% of that premium for displaced employees.

Anyone on this site who has any further info on this, please share.

So you think World is not to blame? There are plenty of small banks that did not go under, because they did not sell these loans. Talk is cheap people, and stats and just stats. Do you have a job? Is World Savings still in business? You can say what you want, it was just another greedy corporate company.

x-World employee in Bay Area, California said: So you think World is not to blame? There are plenty of small banks that did not go under, because they did not sell these loans. Talk is cheap people, and stats and just stats. Do you have a job? Is World Savings still in business? You can say what you want, it was just another greedy corporate company.

No, World is not to blame. The portfolio, if Wach bothered to release information about it, was profitable. Yes, there are delinquencies, but the loans that are on the books are making money. And don't kid yourself. There are *plenty* of small banks that have gone belly up. Check with the FDIC. The big banks get the press, but the a lot of the small banks are hurting too.

Here, read this article, oh, but everyone is a liar except the ex-owners and people that only agree with them. www.sacbee.com
the article is Foreclosures' human toll: Families fight to avoid losing homes. Also, notice how they only listed letters on their site that agrees with them, then some so called expert that has been out of touch for over 10 years knows all?
Regardless, the truth is coming out.

x-World employee in Bay Area, California said: Here, read this article, oh, but everyone is a liar except the ex-owners and people that only agree with them. www.sacbee.com
the article is Foreclosures' human toll: Families fight to avoid losing homes. Also, notice how they only listed letters on their site that agrees with them, then some so called expert that has been out of touch for over 10 years knows all?
Regardless, the truth is coming out.

I do recognize that you have hard feelings about this whole thing and on one level you need to get them out but at this point I do not think this is healthy for you. It is time you move on and let this go.

x-World employee in Bay Area, California said: Here, read this article, oh, but everyone is a liar except the ex-owners and people that only agree with them. www.sacbee.com
the article is Foreclosures' human toll: Families fight to avoid losing homes. Also, notice how they only listed letters on their site that agrees with them, then some so called expert that has been out of touch for over 10 years knows all?
Regardless, the truth is coming out.

Interesting how the reporter can barely hide his own bias in the quote: "World Savings, the lender that sold her the risky pick-a-payment loan that turned out so badly, collapsed under the weight of its bad loans and was bought by Wachovia Bank. Wachovia, which in turn was bought by Wells Fargo, foreclosed on Scherbenske's house in October."

Ya know, I think we would have ALL heard that World "collapsed" and was then bought by Wachovia.

Simply put, it didn't happen. This brings the credibility of the reporter to zero. Blame the Pick a pay if you want, but there were plenty (more, in fact) fixed rate mortgages that have failed. Why? There were no options on those? Think about it for a second.

I am letting it go, just don't like it when I see posts that claim that World was such a great company. It was just like any other. And that is the bottom line. Stop trying to make them sound so great like they really cared for their employees. I worked in HW, this is simply not the case.

x-World employee in Bay Area, California, I'm familiar with a California Labor Law better than you think.

Here is a federal law regarding the matter: www.dol.gov/esa/whd/regs/compliance/fairpay/fs17a_overview.pdf

And here is CA specific: www.dir.ca.gov/dlse/FAQ_Overtime.htm
www.dir.ca.gov/dlse/FAQ_OvertimeExemptions.htm

So regardless of what you and your lawyer think, you really don't have a case. (Well, I guess your lawyer actually knows better since you guys never filed a suit against the company.)

Vega in California said: x-World employee in Bay Area, California, I'm familiar with a California Labor Law better than you think.

Here is a federal law regarding the matter: www.dol.gov/esa/whd/regs/compliance/fairpay/fs17a_overview.pdf

And here is CA specific: www.dir.ca.gov/dlse/FAQ_Overtime.htm
www.dir.ca.gov/dlse/FAQ_OvertimeExemptions.htm

So regardless of what you and your lawyer think, you really don't have a case. (Well, I guess your lawyer actually knows better since you guys never filed a suit against the company.)

What is wrong with you? Why don't you just drop it. First of all, these laws have all been modified since I worked there.
2. I did have a suit, but I found a new job, so it was not worth my time to sue over 20 hours of overtime.
3. The point being, World Savings HR management were a bunch of inept hypocrites, talking how great the company was, while they were trying to not pay me for my work, regardless of the law, you pay someone when they work, and to force them is B.S whether legal or not. You must a real jerk Vega!
How would you like it if you were threaten and forced to work and not be paid, does that sound right to you?
I did quit, when I found I job, and my manager was so upset, but I told them, when you treat people this way, what do you expect?
World was a cult and your emails prove it!

It's done. It's over with. Get over it people.

So now I'm a jerk for disagreeing with you and having valid reasons to do so and not just empty words? World might not have been a dream place to work, but you are being extremely unfair and little bit childish. It would help if you would grow up and stop blaming everybody around you.

BTW, in case you are wondering, I was and am putting in overtime whenever needed in my past and present jobs (and I don't need to be forced to do it) but I happen to like what I do so I guess that's a difference between us.

Vega in California said: So now I'm a jerk for disagreeing with you and having valid reasons to do so and not just empty words? World might not have been a dream place to work, but you are being extremely unfair and little bit childish. It would help if you would grow up and stop blaming everybody around you.

BTW, in case you are wondering, I was and am putting in overtime whenever needed in my past and present jobs (and I don't need to be forced to do it) but I happen to like what I do so I guess that's a difference between us.

I don't know why they deleted my last post, nothing bad in it, but to answer your question, I am blaming World. Who else have I mentioned in my posts. You are not too bright, are you? World looks like a cult to me too. For some stranger to call me a liar that does not know me or my situation, is a cult or just a moron. I have the right to post my experience at that company. There are many other bad things(illegal) that I did not even mention. Brainwashed losers would only believe the rich anyway.......

I worked in Oakland HQ (Loan side)during the 1990's and at that time World didn't appear to be "cultish". There is no perfect job, but I had opportunities to grow, develop skills, learn new skills and basically advance. However, now I am part of the "displaced" Wachovia crowd. Laidoff end of 2008, and still unemployed. I do have a question for x-World employee in Bay Area: You say you worked in HW...what is that ?

Well, if you told me you were drowning
I would not lend a hand
Ive seen your face before my friend
But I dont know if you know who I am
Well, I was there and I saw what you did
I saw it with my own two eyes
So you can wipe off the grin, I know where youve been
Its all been a pack of lies

And I can feel it coming in the air tonight, oh lord
Ive been waiting for this moment for all my life, oh lord
I can feel it in the air tonight, oh lord, oh lord
And Ive been waiting for this moment all my life, oh lord, oh lord

Well I remember, I remember dont worry
How could I ever forget, its the first time, the last time we ever met
But I know the reason why you keep your silence up, no you dont fool me
The hurt doesnt show; but the pain still grows
Its no stranger to you or me

I was recently hired by Wachovia as a entry level phone rep. The job starts Monday and requires relocating abt 2 hrs away. Should I be afraid? Would this be a total waste of time? Please give your honest opinions. I'd like to know before leaving this weekend. I'm in SC. I'm being told that I'm making a huge mistake.

Hire_mE in over the rainbow said: I was recently hired by Wachovia as a entry level phone rep. The job starts Monday and requires relocating abt 2 hrs away. Should I be afraid? Would this be a total waste of time? Please give your honest opinions. I'd like to know before leaving this weekend. I'm in SC. I'm being told that I'm making a huge mistake.

Consider this offer very carefully. Wachovia was purchased by Wells and Wells Fargo will be calling all the shots sooner then later. I know jobs are scarce but is it worth moving 2 hours away for an entry level position? Is the pay making this move worth while for you? Does Wells have a similar position and how much overlapping of jobs will there be in the final hour? Why are they recruiting someone that lives 2 hours away for an entry level position? Why is this job not able to be filled by someone local? Are they helping you with any relocation costs? I would check out the Wells Fargo job site to see if they have anything

Just playing Devils Advocate. You will have to determine what is best for you. I wish you luck in this decision making process.

Jerrod Smodeed in Tennessee said: Consider this offer very carefully. Wachovia was purchased by Wells and Wells Fargo will be calling all the shots sooner then later. I know jobs are scarce but is it worth moving 2 hours away for an entry level position? Is the pay making this move worth while for you? Does Wells have a similar position and how much overlapping of jobs will there be in the final hour? Why are they recruiting someone that lives 2 hours away for an entry level position? Why is this job not able to be filled by someone local? Are they helping you with any relocation costs? I would check out the Wells Fargo job site to see if they have anything

Just playing Devils Advocate. You will have to determine what is best for you. I wish you luck in this decision making process.

I definitely appreciate you being candid in your opinion about my job offer. This is driving me crazy. They offered me the job at the last minute when an extra spot opened up. I was contacted this past Monday about a job that starts next Monday! I'm 2 hours away and interviewed for the job last month and was told there were no available spots. The job does pay well and since I live in an area where jobs are virtually nonexistent or ridiculously low paying, I decided I'd jump on it. I'm unemployed right now and have been for over a year. I'm ready to regain control over my finances. I just don't want to make a huge decision and end up falling flat on my face. Per your advice, I checked WF's website and there were no duplicate jobs. Basically, I'm the person that would answer general banking questions for Wachovia. Why was I charged a NSF fee? etc. I don't want to miss out on a great opportunity, but I also don't want to be back in this same position 6 months from now.

Hire_mE in over the rainbow said: I definitely appreciate you being candid in your opinion about my job offer. This is driving me crazy. They offered me the job at the last minute when an extra spot opened up. I was contacted this past Monday about a job that starts next Monday! I'm 2 hours away and interviewed for the job last month and was told there were no available spots. The job does pay well and since I live in an area where jobs are virtually nonexistent or ridiculously low paying, I decided I'd jump on it. I'm unemployed right now and have been for over a year. I'm ready to regain control over my finances. I just don't want to make a huge decision and end up falling flat on my face. Per your advice, I checked WF's website and there were no duplicate jobs. Basically, I'm the person that would answer general banking questions for Wachovia. Why was I charged a NSF fee? etc. I don't want to miss out on a great opportunity, but I also don't want to be back in this same position 6 months from now.

I work at WF and the job you are applying for has a very high turnover rate. So if you can hack and show up for work everyday you won't get laid off, natural attrition does the lays off for them.

AC McKenna in Hagerstown, Maryland said: I work at WF and the job you are applying for has a very high turnover rate. So if you can hack and show up for work everyday you won't get laid off, natural attrition does the lays off for them.

Thanks for your response AC. Yes, I totally understand about working in call centers. I have a few years of call centers experience, however I've never worked in the banking industry. Do you think there's a possibility WF will cut my type of job?

Has anyone found an employment rights lawyer in the northeast with lots of successful experience suing Wachovia?

Hire_mE in over the rainbow said: Thanks for your response AC. Yes, I totally understand about working in call centers. I have a few years of call centers experience, however I've never worked in the banking industry. Do you think there's a possibility WF will cut my type of job?

Very unlikely you will get laid off they are hiring those people as fast as they can get them. Now if I was in middle management I'd be worried.

Fractured Fairytales in San Antonio, Texas said: I worked in Oakland HQ (Loan side)during the 1990's and at that time World didn't appear to be "cultish". There is no perfect job, but I had opportunities to grow, develop skills, learn new skills and basically advance. However, now I am part of the "displaced" Wachovia crowd. Laidoff end of 2008, and still unemployed. I do have a question for x-World employee in Bay Area: You say you worked in HW...what is that ?

I meant HQ, but you said the magic word "loan side". The people that work in loans were treated much better than I.T. I worked there in the 2000's and it was very "cultish" They just don't have a clue. Lie, lie, lie, then when someone calls them out, they try to destroy their reputation. Take a look at the 60 minutes video. Some guy was trying to say that the person making the complaint was a liar, just because he spoke his mind? That does not make any sense. Bu, they will do whatever they can to smear people that try and tell the truth. Even here, people trying to dismiss my claims. I have a great job and do not need to post these comments. I do it, because they claim they are different than other companies. They were no different and played the same B.S. games. Kiss butt people got promotions while the ones really doing the work got squat. At least in I.T.

x-World employee in Bay Area, California, so far the claims you have posted were not legitimate. And that's what you were called on. Instead of providing any reasonable grounds for your claims, you just got angry and started calling people names for daring to disagree with you. I guess that would explain why had problems in the first place.

Wachovia must die die in Belgium said: I am just wondering when Wells Fargo will lay off us legacy World Savings/ Wachovia people because I want my severence! I hate doing nothing everyday and pretending to work...

Get a jump start and find a way to tract all that is coming your way, video, voice recorder, what ever it takes. Managers will stick it to you, people you thought you were close to will duck you, bough out, stay clear. Its going to get pretty ugly. I know because it happened to me and many of the World Legacy. Be sure to visit your doctor at least once a week for stress. What you are going to encounter til they lay you off will make you sick. Be forwarned.

snoopy in nowhere, Mississippi said: Get a jump start and find a way to tract all that is coming your way, video, voice recorder, what ever it takes. Managers will stick it to you, people you thought you were close to will duck you, bough out, stay clear. Its going to get pretty ugly. I know because it happened to me and many of the World Legacy. Be sure to visit your doctor at least once a week for stress. What you are going to encounter til they lay you off will make you sick. Be forwarned.

I agree! I got out just before the change over in my area, they are doing some really shady things to Wach employees now. There were about 20 who were let go via a conference call...how nice! Wachovia did it to WS and now WF is doing it to Wachovia...a little Karma going one here. Managers in my old office would not even have meetings with us. January, Februrary, March and April, no meetings, just closed doors and whispers.

Alicia Chambers in Someplace USA said: I agree! I got out just before the change over in my area, they are doing some really shady things to Wach employees now. There were about 20 who were let go via a conference call...how nice! Wachovia did it to WS and now WF is doing it to Wachovia...a little Karma going one here. Managers in my old office would not even have meetings with us. January, Februrary, March and April, no meetings, just closed doors and whispers.

Expect this to go on until D day. What happened to me made me sick and it will make others sick too. Trust that you need to make a log or diary every day. Write what has happened, how you are effected, anything and everything that happens in a day. These managers are out to protect themself and will take out anyone in their way. They will lie, cheat and steal, make up lies and point fingers. PROTECT YOURSELF.

Vega in California said: x-World employee in Bay Area, California, so far the claims you have posted were not legitimate. And that's what you were called on. Instead of providing any reasonable grounds for your claims, you just got angry and started calling people names for daring to disagree with you. I guess that would explain why had problems in the first place.

What are you talking about? My claims are legitimate, you are the one that claims they are not. You are not "daring" anything, even after I explained, you still disagree. Typical liberals, even after being presented with the truth, you still say, that is what I am being called on? I presented my facts, you keep trying to skew them. I did not have any problems until I raised my concerns about having to do the work of certain employees and World did not want to resolve the situation, so they started attacking me, because I pointed out their lack of management. World was a horrible place to work. I call people hypocrites or ignorant when they are being so, not name calling, it is the truth. For some stranger to keep attacking me because I pointed out the faults of management, you must be a sad person.