#performance

In 2026 WF is moving the cost of severance packages to the line of business. LOBs are not funded for this cost and will instead force terminations through low performance reviews. Displacements will be delayed as each LOB works through this process. This is so sad, many good people will be forced out due to 'low performance' who truly deserve a package.

Any VCIP guesses? I’m thinking 120%

Just curious! Could you possibly simply get a very low bonus since you still met some expectations? Most know what a tough place this is to work for many areas. If you are an employee who always got meets/meets and then one time its meets/does not meet -- is it manager's discretion?

Last year, Sam sent out the STI email on Jan 24. I assume Dan is pushing out the announcement though.

Will STI payout still be in mid-Feb as it has been every year?

It is clear that the ELT is grasping at straws. Retention and Growth are stagnant as our overall service level has fallen to never seen levels of FA disappointment . The promised efficiency of Salesforce and Moneyguide for branches has never arrived.

We are all living the agile worst case with broken systems and products that will never live up to the hype. If this is finding our Rich then count me out.

Currently in the process of getting managed out. I was told that there are 150 people that have all been put on performance plans. Meet a certain % of plan by end of Q or be put on an official. I would take any package if offered. Every day is like an episode of a reality show. Some made up loss that needs to be made up for. High stress, no money.

What is the salary increase range for 603 with 3 Strongs? Does it vary by LoB?

Cisco needs to crack down on poor performance and do another massive layoff. If you can’t pull your weight, then you got to go.

Long-time IC in Controls. Exceeds (or Consistently Exceeds) for years – same leader, same scope, volume, quality, and achievements - the language that used to get Exceeds is now documented as Meets/“High Meets” (which means nothing, makes you nothing, but a su---r).
Boss said no one on the team got Exceeds. Several big items completed in Q3/Q4 “won’t count until next cycle” per manager although that’s not what I was told at mid year.
Meanwhile, folks doing bare minimum (some barely in office) also get Meets, and some lower-in-range are getting raises while high Meets/higher-in-range get $0.
Hearing this is widespread forced calibration / distribution in Controls areas – entire teams capped, downgrades from Exceeds to Meets/IM despite no performance drop. Some threads mention 10% forced IM ratings, RTO used as excuse for lowers, and budget issues hitting higher-paid/long-tenured folks hardest.
Question for others in similar boat:
• Is there any meaningful recourse? (e.g., formal dispute through HR/ethics line – has anyone actually gotten a rating changed or it backfired?)
• Does this feel like a way to push out top performers/high earners (maybe to manage comp costs or make room in layoffs)? Or just calibration gone wild this year?
Not looking to rant endlessly – just trying to understand if fighting it is worth it or if it’s time to dust off the resume.

We are carrying excess headcount in Wealth and Brokerage SLs/GCLs. They are largely unproductive, with their primary 'output' being pointless PowerPoints for internal forums that achieve nothing. Their grades are inflated and must be cut to a Grade 7 level

and will tied to V quarterly performance. I hope we get a halfway decent number on January 30th.

Is the PluralSight training and assessment tool going to be used to fire people? I have a technical category that may have fit my job description when I got out of college but doesn't really reflect what I spend the majority of my day on. Now I spend my days in meetings or navigating the labyrinth of policies, procedures and tools FIS requires. I've always had good reviews but now I have a feeling, I will be substandard. Is anyone else paranoid?

Since the notorious 8/1 email, the stock is down 16%. In just the first month of this year, it’s already down 6%. That’s not volatility or bad luck, it’s sustained value destruction.

Billions lost on bad acquisitions, billions spent on buybacks at higher prices, rising operating costs from rigid RTO and unnecessary real estate, and now plans for even more capital intensive projects. None of it has produced better execution, stronger cash flow, or improved shareholder returns. The market sees it and has rejected it.

RTO didn’t create culture or discipline. It increased costs without creating value. You can’t talk your way into confidence or mandate your way into performance. Investors don’t reward slogans or control. They reward results. And the results, both in stock price and capital efficiency, are undeniable.

My manager told us that Optum Care on the west coast lost over a billion dollars last year, and that we have until the end of this year to break even. I can’t help but think that means layoffs.

I'm done going above and beyond. From now on I'm just doing exactly what's required and keeping a low profile. Putting in extra effort here has never been appreciated, so I'm stopping.

I got Inconsistently Meets at my most recent performance review.

Can I expect to get fired for cause within the next few days/weeks? Laid off at the next round? Or can I expect a few months to fix this?

Will my manager mark the "do not rehire" box if I am fired for cause? I had meets/exceeds until now, and had a good working relationship with my manager until now. I don't know if that helps.

Should I resign before I'm fired? I have years of savings, and I want to avoid the "do not rehire" box more than I need unemployment, since I assume it shows up on any reference. I can get good references from former managers and coworkers no longer with WF, but I still want a good reference from the company.

Thanks.

There was a CEO named Whelan
Who set up his company for failing
They missed all their targets
We're punished by markets
Was surprised when Woods started wailing

1.75% for pay grades 110 and up.

Its time to short this pig down to a single digit mid-et.

Targeting the level 15 was long overdue. Most of them were promoted due to favoritism and not talented and do not contribute anything significant over a level 13.

Many of the grade 15 I knew were given LoP out of favoritism, failed many deliverables and instead of being put on PIP, was covered by their manager pulling corporate politics. The 15 were getting paid more than midpoint.

The majority of 15 in TOS are a serious waste of the department budget and I approve of them getting laid off and they won't be missed.

Last 3 yrs 3/3 , same bonus same increament 1.5%.doesnt even meet inflation. More commute , different managers to adopt, constant priority changes.
I dont understand what else to do to lift to 2 rating.

Seems like they taking their time this year. Anyone heard anything yet? Curious to see how bad it is.

I have it on good authority that those with the new forced lowest ranking will be fired at the end of the year.

The genius move, is that this isn’t considered a layoff. So no severance is needed.

May the odds be ever in your favor

For those given this with no prior performance issues, curious to know what they claim was the reason? Im hearing a couple bs explanations which we all know are just that

Yikes

What is everyone’s expectations on merit increases in the new fiscal? Mine, next to nothing.

Looks like getting beaten down

Any news for the departments under clinical performance/excellence? Most of this work relates more with cost avoidance vs direct income.

one google search of forced distribution and differentiated performance gives you thousands of articles about why it doesn’t work and why it’s terrible for morale and collaboration. yet now we’re forcing people to be ranked and PIPed just to fill a quota. its nonsensical. why am i coming into the office four days a week to “collaborate” with my peers and help them outshine me? why would i bother trying to meet my goals when a percentage of my team has to be ranked low just because it’s required? if you want to let people go just let them go. why do they put us through these humiliation rituals?

Based on Jane’s recent announcement that the bar will be raised and “we will not be graded on effort”, will Citi be taking a Goldman approaching and simply cutting the lowest performers?

It’s hard to believe that memo can be released and still let go of workers with 1’s and 2’s for ratings….

Been doing twice the work and without support from management. Was so overwhelmed and irritated about questionable business/sales/ compliance issues I pushed back about workload and lack of support. As I predicted and most of you suggested per similar messaging on here they gave me an inconsistently meets for my performance review. Said I wasn't open to new additional work and a team player.

I already considered quitting or retiring or whatever we want to call it. I am contemplating pushing back and putting the information for leadership and HR to get involved. I know not a big threat or care to them as they will fire me in the next 12 months for something concocted.

My thought is they are sc--wing me to line their pocket or give major increases to their yes men. The group currently has a shortage of workers with too much work to go around. I already knew the stress wasn't worth it with a full raise and bonus (bonus 20 to 25% of gross pay). I do need to leave imo.

Has anyone recently (last year or year before) got an IM and then a raisebor bonus still? If so how much less than prior years?

This place plans to get rid of you for any reason they can find now. Make it hard on them. Keep key notes out of reach, dont give all details and important bits of pertinent info when training, dont save anything where they can access what you created while here. Make it difficult . Stick it in on them every way you can think of. Why should your hard work be used after they cut the cord for made up reasons. They dont want to give merit so give them the performance they claim you earned. This is all going to burn them big time and im not sad about it. I hope we get too witness it or read about it in the news

This is going to be amazing to watch unfold. What you all need to keep in mind is that if your state is at will, trash like bny can terminate without reason. However what they legally cannot do is mark you below or terminate for performance if you were on track at mid year and had no issues leading up to that. I know several with lawyers on standby the minute they say terminated due to poor performance . They can also be sued for other reasons you need proof of like discriminatory actions so you have to document everything for proof

Not your performance or dedication. Worse, actually. Being both skilled and experienced pushes you towards the top of the list, because quality is costly. Don't bother trying to prove yourself in the coming weeks, or doing extra work in an attempt to save your job. Definitely don't take being laid off personally. In this stage of corporate greed and extreme short-term thinking, it's more likely a badge of honor than a statement on your worth as an employee.

The training program is a total mess. The new people end up confused and unable to do the basics, which means the experienced staff has to cover for them. It just feels like a huge waste of everyone's time and makes the initial problem worse. What's even the point of it?

It sounds like A LOT of IM & NI are being given out this year and from what I'm hearing, not for any real reason. But how is this going to look to the regulators, when the majority of team members have sh---y ratings? Maybe it's not an issue? I'm genuinely curious. If I was a regulator looking at risk or compliance and half the team has sh---y ratings, you'd think that make the "firm" look bad? Maybe not, just curious.

2025 net income $7 billion
$16.59 diluted EPS
2024 Q4 net income $2 billion and $4.88 diluted EPS

By virtually all measures 2025 was a successful year. Strong execution across all business lines resulted in record revenue.

Don't be fooled by Bill's remarks that we are lacking in performance. His RTO announcement is nothing more than a fear mongering power trip. We have proven quarter after quarter, year after year, that remote work - WORKS! Its 2026 for f**ks sake. Maybe if we follow Bill's logic we should eliminate PNC Online Banking (something we delivered during the pandemic) because "we work best together in person" (Bill's words). So eliminate Online Banking and have everyone use a physical branch. Oh you live an hour away from a branch? Sorry you must use your nearest branch.

How long do I have? Im in CTO. Never got that rating before. Basically the rating said I’m good at my job but don’t take initiative blah blah blah. I knew it was coming. Don’t care, ready to be done with this place. Do I have until summer at least?

So if you’re above 110% of midpoint of salary no merit increase?