Thread regarding Wells Fargo & Co. layoffs

Risk is the worst spot to be in these days

Asset cap lifted so they want attrition at all costs. Spoke to someone in the know today and they said they will document how many hours you are in the office and if less than 8 then will hurt your performance reviews. Eventually when it’s time to clip people, those with review issues are gonzo. Oh how I miss Stumpf.


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| 3008 views | | 12 replies (last October 4) | Reply
Post ID: @OP+1k6kmmkk6

12 replies (most recent on top)

Now that I’m being “tracked” for my hours, how do I submit my overtime pay request? I’m an exempt employee so tell me how you are able to hold me accountable for “hours worked” when I don’t get an hourly salary. Who is up for a civil litigation over this ridiculousness?!?!

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Post ID: @fy+1k6kmmkk6

Kind of reminds me of mortgage during refinance cycles. They would constantly build up and shut down every couple of years due to interest rates.

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Post ID: @e3+1k6kmmkk6

@d7 - it was highly LIKELY the quality was horrible

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Post ID: @d8+1k6kmmkk6

@ce - One of the worst consequences of the outsourcing is having NOONE available from a team you depend on after 11 AM EST. In addition, so many newbies entered the ranks to where it was highly unlikely the quality was horrible 75% of the time and they didn't seem to GAF.

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Post ID: @d7+1k6kmmkk6

Sorry why was 8 hours a challenge? This explains why it takes weeks to get a simple response from compliance …

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Post ID: @ch+1k6kmmkk6

I would argue that IT has been worse for years, with much of it outsourced, along with continual layoffs. And if you work for IT in a step-child group like Cyber, it's even worse.

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Post ID: @ce+1k6kmmkk6

The party is over

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Post ID: @c4+1k6kmmkk6

@a7
Agreed. They ramped up to attempt to show they were dealing with issues. Gave inflated salaries and titles to people who didn’t deserve it. Nothing was really accomplished and the people who were thankful for these random escalated positions became used to their massively inflated salaries.

Such a d*ck move by a company. FU WF

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Post ID: @am+1k6kmmkk6

@aa what should happen vs what will happen. They likely will gut like the rest of problem is credit risk is needed with this economy.

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Post ID: @ak+1k6kmmkk6

What’s happening/going to happen in Credit Risk?

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Post ID: @aa+1k6kmmkk6

Anyone could have seen this coming 5 years ago.

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Post ID: @a7+1k6kmmkk6

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