https://finance.yahoo.com/news/wells-fargo-cut-nearly-100-231814455.html
I decided to just lay low until I’m booted
People are either wishing to be laid off or praying to keep their job. I decided neither. Job market really isn’t good, and I think first offshoring is going to bleed us before AI finishes us off. At last that seems to be the plan. I’ll have this... — read more
Layoff question
I’m plan on accepting a new remote position from a competitor but staying on WF until I get my severance. How would they find out?
October 1, 2024 Layoff Discussion Board
Who got the lucky #’s?!
Travel/Vacation while on non-working notice
Hello, Can you travel or vacation while on a non-working notice or are you supposed to remain available during that time? In a perfect world, I’d like to use part of my eventual non-working notice to travel and then begin to pull in unemployment... — read more
I'm still 100% remote, why?
My LOB is states away and quite a few of us are 100% remote all over the country. Maybe next year we all get fired?
Required DEI courses
Last week, I noticed those required DEI courses but with no due date were still lingering on my to-do list. However, today they are now gone - apparently no longer required? Have we turned the corner on some of this DEI nonsense?
Sabbaticals
Apparently BofA offers a sabbatical after 15 years of service. We just need Chase to do the same so that we will ultimately copy it! I could use a sabbatical right about now.
RTO- no longer able to make up days
The guidance we were initially given for meeting RTO requirement was based on hitting a 3 day weekly in office average over a span of 13 weeks, and it would be ok to miss a day every now and then because you could make it up a following week. That... — read more
Non Assigned Location question
I heard there is a flag that notes if you use non Assigned locations 50% of the time. Is that a weekly flag (or is the 50% calculated over the course of a longer rolling period?) Do managers have to do their own digging to see who is non-compliant... — read more
More Accommodations BS
I have had a medical accommodation for years. I have MS; it is not going to go away/get better. With the recent "check-in", I took the form to my doctor, had it filled out completely and sent back to Accommodations. They now have come back with a... — read more
Steps in Layoff Process
What are all the necessary steps I need to do after being laid off? I can’t rely on calling WF HR because I just get the run around from reps in P&I. Everything I know is just from talking with others. A friend told me a should receive a link to... — read more
Failed Leadership
Where were all the leaders encouraging employees in the southeast to be safe. Towns destroyed Millions without power. Not a single word. Failed leadership! Butts in seat!!!
WF rips off its brokerage customers
why would anyone be d-mb enough to trust a WF advisor with their wealth. https://finance.yahoo.com/news/wells-fargo-faces-class-action-130435981.html they literally ripped off their customer of 100s of millions of dollars in interest they were... — read more
That's what happens when jobs are outsourced
https://dailyhodl.com/2024/09/27/wells-fargo-customers-bank-account-and-social-security-numbers-exposed-used-for-fraud-in-mysterious-data-breach/
Celonis, Anyone?
So, I get an email like I’d won a sweepstakes drawing. It claimed that my group peeked interest of upper management and they wanted to know more about what we did. It went on to say that we were to be part of a pilot program, using Celonis Task... — read more
10/1/2024 RIP your career
Let’s start the comments and speculation
Auto-Rejecting: Entire HR Team Fired After Manager Uses His Own Resume To Prove Their System Is “Auto-Rejecting” All Candidates
https://www.msn.com/en-gb/money/other/lazy-and-mediocre-hr-team-fired-after-manager-s-own-cv-gets-auto-rejected-in-seconds-exposing-system-failure/ar-AA1rj1eW
Survey responses
Talked to some people and this is what I found out response rates for the below. This is a sample and numbers are rounded. Ops senior exec mid 75% Comml bank exec 80% CSBB exec 85% Thousands reporting to 1) Hundreds reporting to 2) 100 to... — read more
Most Powerful Women in Banking
Stop gas lighting women with the "Most Powerful Women" in banking. Laughable that Tracy Kerrins made the cut. To empower women you gotta actually give them the CEO job, not another Jamie Dimon cronie like Shart.
Perception of those who have been laid off...
It's a really tough job market despite the news coverage. Oddly enough, highest profits ever by most F500 companies, yet most are doing a lot of under the radar layoffs. If you have been laid off, hiring managers think you were a low performer. ... — read more
Boise call center closing
They haven't publicly announced it but the whole boise call center location is being closed and most people laid off, only some "eligible for relocation". My partner had a meeting with some higher up lady and was told he wasn't eligible to relocate... — read more
The perception that Wells Fargo will grow its business once the Federal Asset Cap is removed is highly misleading.
Yes - It will be free to ATTEMPT to grow its business beyond the cap, but this executive team doesn’t know anything about growing a customer service business because they don’t know how to treat people. Is Charlie suddenly going to be focused on... — read more
Take this job and shove it
I ain’t working here no more
FYI. Car call
Whomever posted last week about the National Sales call being done from a parked car, kudos to you. Rumor has it the National Sales leader caught flack this week for doing it again. The irony is dripping. Everyone go back to work but I will lead a... — read more
I can’t wait until they disclose the employee survey participation results
How bad can it be?
IAM out and WXPS in
Executives met this week and rumor has it they are extremely dissatisfied with IAM and their utter failure to keep employed any qualified candidates and rely on analyst level people to do high-level engineering work. With the constant fallout and... — read more
Just Quit
Quit my job today Looked my boss in the eye and said "I have FU money so FU, I'm going to start a landscaping, powerwashing, house flipping self storage business and then write and e-book showing others how to do the same!" Can't wait to start... — read more
Wells Fargo Sends Fed a Crucial Review for Lifting Asset Cap
https://finance.yahoo.com/news/wells-fargo-sends-fed-crucial-145426142.html/ What’s the 3rd party? What’s RCSA for then?
Skills under workday profile
Who else can edit those items besides me and my manager? Not sure where those skill items came from, I have not added those.
Third party review
Sounds like some good news for us today and the outlook for removing the asset cap? If you like this, upvote. If you don’t like this, downvote. Always funny to see how many people do t want to see their company do well.
$468 Million
Charles W Scharf has an estimated net worth of $468 Million. This is based on reported shares across multiple companies, which include MICROSOFT CORP, WELLS FARGO & COMPANY/MN, Bank of New York Mellon Corp, ST PAUL TRAVELERS COMPANIES INC, VISA INC.... — read more
Q3 Cyber security Town Hall
Who are all these people? So many new
WARN Notices IA, CO
Des Moines 47 employees, 11-18 Colorado 70 employees, 11-20
I just heard the phrase Constructive Dismissal
Pulled from Wikipedia. Sound familiar? In employment law, constructive dismissal, also called disguised dismissal,[1] constructive discharge or constructive termination, occurs when an employee resigns due to the employer creating a hostile work... — read more
People news article
https://people.com/after-employee-died-at-desk-union-slams-wells-fargo-allegedly-ignoring-her-8718323
Charlie Scharf after the latest wave of cost saving displacements
https://youtu.be/QxRigGcXrrI?si=723LyI2nJThxAa59