Thread regarding Wells Fargo & Co. layoffs

Wells Fargo Relocation Strategy

Let’s discuss the relocation strategy here. What have you encountered? Are you located outside of a Wells Fargo hub? How are you preparing for your potential move?

Did your manager discuss options? Do you have any relocation information not discussed in the AMA?

Post here!

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| 4084 views | | 34 replies (last August 16, 2021) | Reply
Post ID: @OP+1ciZzi2C

34 replies (most recent on top)

Always remote but when I caught wind of chainsaws hub strategy i charted every single potential office location in usa and moved to an area that still has descent internet, low cost of living, sparsely populated, and 200+ miles from any office location.

I found that the mid-west is actually pretty nice!

Sure they can demand me move to a "hub" , but its gonna cost them a relocation package. Im betting they would rather me stay remote than to fire me with a severance package toforce me to a hub.

You just gotta understand how these sociopaths think to understand their motivation and how to avoid getting caught in their sh---y web.

Eventually it will catch up, but thats ok - im making bank and spending little. I will be good for retirement in just a few more months anyway.

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Post ID: @4rif+1ciZzi2C

As a manager I have pushed this with upper management and it was brought up in my review… in negative way and told for that to change I need to learn when to keep my mouth shut… so… ya they are hiding things

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Post ID: @3dyh+1ciZzi2C

In our group we are rolling this out end of this year to Q1 next… starting at lower level jobs first and moving up till numbers are met..

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Post ID: @3vou+1ciZzi2C

@1dyp+1ciZzi2C

Again. You don't understand. "Dead mouse" doesn't mean just mouse movements. It includes use of a keyboard.

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Post ID: @2wlc+1ciZzi2C

@1dyp+1ciZzi2C

"some jobs", exactly, the exceptions. I'm sure they aren't basing RTO on lack of productivity in those jobs, it's the other 90% that remain a problem. If you're WFH and you aren't moving the mouse, typing, talking on the phone, etc. on a consistent basis, you're likely not being productive...unless you happen to be in the tiny minority that works without using a computer or phone.

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Post ID: @2zve+1ciZzi2C

Obvious dead weight metric is solidified by these DEI pandering sc-m… such a waste for the w o k e a$$ h o l e s. Enough kissing up to the non productive slackers.

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Post ID: @2guy+1ciZzi2C

@1izc I understand perfectly.

You clearly don't understand that some jobs simply don't require 8 hours of solid mouse movement in a 9-hour workday.

Even professional computer gamers don't likely move their mouse for 8 hours total time in a 9-hour gaming day.

Use an appropriate metric, not an arbitrary one.

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Post ID: @1dyp+1ciZzi2C

@1fuj+1ciZzi2C

Maybe you aren't understanding, but when you say 85% of the time is dead mouse, it means you are only doing work 15% percent of the time.

Skype inactivity doesn't mean you aren't using Skype. It means you are showing up as inactive in Skype because you aren't moving the mouse or typing something on your keyboard, which in most cases means you aren't working.

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Post ID: @1izc+1ciZzi2C

@1fuj+1ciZzi2C

No, you're the exception.

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Post ID: @1pij+1ciZzi2C

@1ppe that's the problem with management's metrics.

If you look at total weekly hours, my job is probably 85%+ dead mouse. Skype inactivity is also high because I don't need to be social to do the vast majority of my job. Almost all of my activity on Skype is waiting to be told to do something, chatting with my team about work handoff or BS'ing because we all have a moment to and it's been years since we've really felt like a team.

Yet I'm one of the rockstars in my group because I almost never sc--w up, always step up when needed, and pretty much make everyone else's lives easier because I can handle a relatively higher volume of our daily work, while putting in fewer hours, than most of them can.

Am I the dead wood?

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Post ID: @1fuj+1ciZzi2C

@1ppe+1ciZzi2C

Those 100k plus people were never meant to be WFH. They only had the luxury of doing so because of the pandemic.

There are some of us who have been WFH for other reasons. I have been 100% WFH for 14 years.

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Post ID: @1yit+1ciZzi2C

As usual, it's good to be in the "select few" group. Sucks got everyone else though.

I know we all like to think that everyone is a top performer when WFH, but the company has the actual data, and "dead mouse" and inactive on Skype for 6 hours a day isn't unusual...at all. That's why RTO is a thing. Most people actually do require structure to be productive. Maybe you don't, but if so you're likely not representative of the 100k+ people WFH right now.

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Post ID: @1ppe+1ciZzi2C

Eventually, by end of 2022 and assuming the pandemic doesn't continue to push dates, WFH will be for a small, select few who either have workplace accommodations or their job truly requires it. WFH will not be the norm and most will be expected to work at a hub location or a branch. Hub being an admin/ops facility. If you do not live within 40 miles of a hub, you can either relocate at your own expense or get laid off. They will roll this out in waves by LOB, but last I heard it is expected to be completed by end of 2022. My guess is it will get pushed out for some due to the pandemic. However, everyone not near a hub or working at a branch needs to look out for themselves and either move or get out. I'm choosing to get out. Am applying externally like crazy. I only stay for now because I need the paycheck.

I also agree the transparency at WF is awful. The fact some come to this site for information is a testament of that. As an employee of ~25 years, it makes me sad to see how far WF has degraded.

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Post ID: @1xhv+1ciZzi2C

Our manager mentioned lots of info shared in mgt meetings re: RTO details and hub strategy, and NONE of it trickles down.

Transparency is B.S. around here.

We're adults and tired of being treated like children. WF does NOT value its employees.

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Post ID: @qkv+1ciZzi2C

LOL at Wells Fargo having a strategy.

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Post ID: @zjk+1ciZzi2C

New theme song for those that don’t want to RTO. Put one foot in front of the other and soon you will be walking out the door!!!

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Post ID: @czo+1ciZzi2C

This is very LOB specific. I know for a fact that all WFH agreements are NOT null and void, but they are being re-evaluated based on LOB staffing needs. There will still be some 100% telecom even though it is not the go-forward hiring strategy. People should stop making misleading statements.

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Post ID: @ksp+1ciZzi2C

My manager expects me to relocate to a nearby hub but no definite timeline and details. And so my new strategy is to look for another job and be a part of "The Great Resignation" movement. When I filled out the survey recently, in the last portion of it, I said I will leave WFC.

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Post ID: @ltp+1ciZzi2C

What's the definition of "corporate building"? Are we just talking about admin buildings that anyone can plop down in a desk? Or is it literally any WF space?

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Post ID: @wfl+1ciZzi2C

"Eventually those in #2 and anyone outside the hub cities will get a package citing a change in work expectations."

I am prepared for this, but will this be applied universally? For example, I'm in a group where a certain subset of employees is located in places where the work they perform is actually needed. They're not tellers, but it's the same principle.

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Post ID: @qde+1ciZzi2C
  1. All remote working agreements are now void.
  2. Any employee who works more than 40 miles+ from a corporate building will be allowed to stay full time remote… for now.
  3. Eventually those in #2 and anyone outside the hub cities will get a package citing a change in work expectations.

This CEO is not human-centered at all. Good times!

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Post ID: @ggh+1ciZzi2C

Good info, sounds like the manager has no idea what they are talking about then.

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Post ID: @xot+1ciZzi2C

Post ID: @fev+1ciZzi2C

Just looked at my telecom agreement. Says nothing about expiring in a year or otherwise. It does say that WF can end the agreement at any time, though. That being the case, why would an expiration date even be necessary?

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Post ID: @gai+1ciZzi2C

My coworker with a telecommute agreement was told in early 2020 that they were assigned to a new office and had move to keep their job.

House was on the market and ready to go... then COVID hits in March and with the HUB madness on hold in April/May.. House off the market.

Someone else I know actually moved to a HUB right before Location Strategy is put on hold to work with their 'TEAM'...

Starts in the HUB location and after a few weeks his manager leaves for another job.

Oh, and BTW, the big move was to form the huge 2 person team... then just him.

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Post ID: @yuw+1ciZzi2C

lol, "agreements are only good for a year"!!! Where does it say THAT in the written agreement?!?!! I wonder if mortgage or credit card customers can just make up the rules as they go? This seems to be a 1 way street for every one but the execs.

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Post ID: @vzu+1ciZzi2C

Managers have been in meetings to discuss all remote workers. They know a lot and are just being "transparent" and not telling us to keep the advantage.

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Post ID: @tpg+1ciZzi2C

Here's my story -
My Manager (of 3 months after the last reorg) - I see you are a field rep... where are you working from?
Me - I answer with my city and state.
Manager - How long has that been?
Me - Since the Office 2020 imitative in 2015 where cubes were only assigned to everyday in the office folks and others were given the option to be remote.
Manager - Do you have a telecommunication agreement?
Me - Yes
Manager - Can I see it?
Me - Yes
Manager - Oh, this is for 2019 and agreements are only good for a year...
Me - My last manager did not ask for a 2020 update since we were all WTH due to the pandemic...
Manager - Is your address state and city correct in HR?
Me - Yes, my last manager updated it.
Manager - Why are you in a non-hub city?
Me - Family medical need ...
Manager - I have to see if your situation will be allowed to continue...

My manager no longer wants to discuss this. I'm guessing I'm on a list somewhere to be "managed out"...

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Post ID: @fev+1ciZzi2C

@mgy+1ciZzi2C It was only a question because I live outside of the hub locations . My manager is not giving me any details because she/he does not know. That is why I created the thread.

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Post ID: @fwf+1ciZzi2C

Just like the 3.5 Trillion Infrastructure bill is a socialist give away with little to do with Infrastructure, so is the Relo Strategy has nothing to do with RTO and everything to do with Forced Attrition Strategy! Quit lying OP!

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Post ID: @mgy+1ciZzi2C

Funny story: A hiring manager in my group made an offer on a higher level non-managerial position - solid 6-fig salary plus bonus. The candidate turned down the offer and specifically sited location strategy as the reason. Didn’t want to be tied down to the hub city. If this is any kind of trend currently coming to light, they’re gonna really need to rethink the plan. That hiring manager now has to go with the next best choice, which you could also call the best worst choice.

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Post ID: @djh+1ciZzi2C

Nobody knows anything

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Post ID: @fql+1ciZzi2C

It's not a Relocation Strategy! Quit lying! It is an Attrition Strategy, period!

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Post ID: @ezx+1ciZzi2C

My LOB is still giving us the mushroom treatment.

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Post ID: @ywf+1ciZzi2C

Haven't heard a peep.

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Post ID: @bns+1ciZzi2C

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