Thread regarding Wells Fargo & Co. layoffs

Internal Candidates (This Topic Again)

ime to talk about this again. Jobs are down by 60% compared to last year, and it feels like forever since we've had any luck getting a call for an internal gig. What's going on? It's super annoying to see recruiters getting to work from home while we're stuck. A buddy of mine even told me some recruiters are messing around, using the Wells Fargo 800 number as their contact. Time to call it like it is.

My best guess is they think they can find better talent outside the company without breaking the bank. The job market's already full of folks looking for work, so why not invest in us instead? I mean, isn't it more expensive to hire new people? Just saying

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| 2192 views | | 14 replies (last October 26, 2023) | Reply
Post ID: @OP+1pfqYtH8

14 replies (most recent on top)

Wells Fargo & Company is just a front, whatever you see or hear is all fake. The real operations are secretly run underground by Charlie and his cronies. That's why things don't add up.

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Post ID: @2hfr+1pfqYtH8

Tell me about a time when you put a lot of effort into accomplishing a goal and realized it was not going to work out the way you hoped. Seriously dude, stop interviewing internally and start applying outside of Wells Fargo. Moving internally within Wells Fargo is almost impossible.

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Post ID: @1lrt+1pfqYtH8

@neu+1pfqYtH8

This! Executive in my space seems to have a nepotism problem they cannot separate themselves from.

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Post ID: @1tob+1pfqYtH8

@ofx+1pfqYtH8
"And that is we have too many people who are not in the right roles and it's really tough to 'retrain' them".

Agree. I am one of them. Not by my choice. For me, no onboarding by the new team. New management hires exacerbate the problem. They don't know anything. They have had so many reorgs that people I talk to are lost in what they are supposed to be doing.
It's hard to go from one job to a different one. Especially when yo have to learn new job, new tools, new politics and new silos and expect to produce right away.

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Post ID: @1ktf+1pfqYtH8

Yet the media says we’re not in a recession - I don’t get it.

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Post ID: @1ljp+1pfqYtH8

Hiring freeze but they are also direct placing so they don’t have to get blamed for fake interviews and bogus DEI efforts. Now they just offer jobs to their friends and cronies instead of posting them at all.

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Post ID: @neu+1pfqYtH8

@pck+1pfqYtH8

So in other words they have no clue what they are doing and do t follow instructions. Got it!

Keep up the good job WF —

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Post ID: @cru+1pfqYtH8

Offshore “recruiters” are responsible for reviewing the resumes on the majority of US based job postings. They don’t want the US recruiter assigned to the req, who’s working with the hiring manager, to review the applicants. The offshore “recruiters” make recommendations for who the US recruiters should screen and as you might imagine, this hasn’t gone well. Talent Acquisition is a mess.

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Post ID: @pck+1pfqYtH8

They are not hiring axed employees. Period

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Post ID: @gwv+1pfqYtH8

there are hiring freezes all over the bank right now. hopefully will thaw out early next year. assuming your qualified one should have no problem moving around internally. done it myself many times, the problem is you get so many internal candidates with none of the experience at all applying which takes up time to review.

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Post ID: @aim+1pfqYtH8

Recruiting got hit hard with displacement notices today. They aren't getting a free pass and supposedly cuts came because of low turnover and the movement of more roles to India and the Philippines.

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Post ID: @fdw+1pfqYtH8

Are you at a hub location? If not, you are wasting your time.

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Post ID: @nku+1pfqYtH8

I was a former WF employee that was let go a couple of years ago. I have applied to a number of jobs this year and I go through the screenings and interviews and each time they said they went with an internal candidate and there is a preference to promote internally. I don't know if this is the case with all areas but it is the experience I have had.

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Post ID: @icb+1pfqYtH8
isn't it more expensive to hire new

Not specific to your company but I am seeing an issue as a business owner that's being echoed by many others. And that is we have too many people who are not in the right roles and it's really tough to 'retrain' them.

I know of THREE project managers who were reassigned for roles they were completely unfit for because ..... all 3 are in their upper 50s and have been around for a while. They are all unqualified for the systems admin/analyst/architect roles they were assigned to.
The word is they should not be touched so we need to hire MORE people to do their job.
With no new money, work is being pushed on others so the people who can do they work are starting to quit.

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Post ID: @ofx+1pfqYtH8

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