Thread regarding Wells Fargo & Co. layoffs

Trapped

Hey Reporter, everyone would like to talk to you, but they really can't.

I'm still at Wells, so I'm not sure about how they work, but I've quit jobs and for a year or two after gotten a reminder letter via snail mail from some law firm reminding me that I promised not to talk to anyone.

Publicly traded companies do that. And they usually have something to hide. Both of the one's in my past did.

I'm not sure if they can actually enforce those NDAs, but in banking my understanding is you can be blacklisted if you work in retail. (I do not).

My job is not customer facing, and my dept is great to work in, I love my job, but my peers and I are sickened by how the bank has been treating employees and customers.

We're not involved, we didn't know, and now the work we do feels tainted by the actions of management.

It's depressing, no matter what people say in company surveys. People that read the business section, meaning most bank employees, are hoping the bad news will end, but it just keeps coming.

Reborn in 2018 or whatever is a joke around here.

We feel like enablers. Customers and employees have had lives destroyed, and we're behind the scenes helping.

And we're enablers with mortgages to pay and families to feed, which makes some of us feel even worse that we're still here. Trapped, at least in the short run.

We never really got over the bank taking TARF money then giving management bonuses while letting people go.

I used to joke around when people asked me about work, I'd say "I work for a big evil bank, so..." but I don't do that anymore.

Because Wells really is a big, evil bank.

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| 1325 views | | 3 replies (last November 26, 2018) | Reply
Post ID: @OP+WhjIX7D

3 replies (most recent on top)

it's pretty disgusting that the executives still receive these types of bonus's, while the employees suffer. I believe there should be a moratorium on executives bonus's unless growth is steady, wages are being increased above inflation, and the workforce #'s are steady.

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Post ID: @3xcg+WhjIX7D

When friends ask me “How is work”? I reply “I work at Wells Fargo. For now”. What else is there to say? Everyone knows what that means.

They’re closing the little branch in my neighborhood. The one where people who have done business for 30 years still walk in because they consider the employees friends. Nobody is upset by the loss of convenience. They’re upset because their friends are losing their jobs.

I don’t work there. I don’t have a customer-facing job. I go to work and everyone who doesn’t go out drinking with the group director is trying to figure out what to do next. I go to my local coffee shop and the talk is all about friends and neighbors who are losing their Jobs at Wells Fargo.

And Tim Sloan deals himself another $35 million in stock options for the year.

But hey, WF did donation a few new winter coats, so let’s talk about what good corporate citizens they are, shall we?

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Post ID: @1aqj+WhjIX7D

OMG -- I couldn't have said it better.

This entire situation is soul-crushing agony.

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Post ID: @1hbs+WhjIX7D

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