Boss told us severance package payout is reduced from 2 weeks to 1 week per one year of service. Can someone confirm?

How many site will be closed in 2025 on top of SL office?

Significant amount of folks will get laid off this month. Wellsfargo wants to save the bonus and 401k $. Sorry folks you are fired.

I learned that my stress over reviews went down dramatically when I stopped thinking the review was about me. It's not about me. The reviews are all made up now, and everyone needs to accept that reality. They are made up and have no bearing on your... — read more 

Stellantis CEO retired (or was pushed out) in the auto industry. Intel CEO retired (or was pushed out) in the tech industry. All in just a few days. Is anyone else feeling hopeful that Charlie could be the banking industry's next representative in... — read more 

What are the chances of another reduction sometime soon?

https://theonion.com/ceo-assures-employees-he-doing-everything-in-his-power-1842904330/

Does Sunday count as an in office day for the three day a week requirement? I asked my senior manager and they have no clue.

Get ready for the “annual performance review,” carefully crafted by sickening management team to make you feel like you are on a reality show where the prize is getting fired.

It is essential to acknowledge the continued existence of WF and its practices of nepotism. Employment decisions appear to be influenced more by personal connections than by individual performance. For instance, consider LI, which appointed an... — read more 

Charlie has accomplished the impossible. He’s created such a toxic atmosphere, filled with constant fear of layoffs, that people aren’t even looking for higher or equal pay when they leave. They’re content with anything, even significantly lower pay... — read more 

Was watching a video about a burger restaurant owner who takes pride in making the highest quality burger through taking control of every aspect that goes in to a burger. They grind fresh Wagyu beef, make their own bacon, bake their own buns, grow... — read more 

I have attended virtually all of our past "holiday" gatherings thrown by our department and our division. BUT, my last 3 reviews were lowered to "meets". A pretty big change from the past. I've decided to skip the upcoming MEET and greets (three... — read more 

I called it. TK posted about her lemon tree on LinkedIn. Did you get your thanksgiving lemon? I bet SVB got a bushel of lemons.

They are hiding again?

This round is confirmed. The estimate number is 5% in Technology.

have heard rto reports are anywhere from 4 to 13 weeks. Not planning on going in starting 1/2. Leaving firm after bonus. Figuring by the time they “warn” me about non compliance it will be close to bonus time. Also figure first warning won’t... — read more 

If the pattern of the past few years holds, we’re about to face major layoffs. Charlie doesn’t care about the holidays, all he cares about is the bottom line.

Try to forget about work.

Does anyone know what the severance pay schedule is if layoff date was 11/15 (non-working notice 9/17)? On 11/15, I received higher than normal pay, which I assumed was unused PTO, plus the start of severance. It was off-cycle, and I didn't get... — read more 

Happy thanksgiving all the Wellsfargo slaves!

I’ve always done QA but in Roanoke and any job I’ve never gotten a bonus since 2005. Or cost of living..

Any corporate functions voting yet?

I’m over being stuck at Wells Fargo. I’ve been hunting for something new, but the job market’s been tough. Despite that, I’m determined to leave before next year. I need to get away from this toxic culture that’s drained me. Merit doesn’t seem to... — read more 

Job grade?: P1:P6 M3 etc.. Location?: east coast, central, west coast.. Package?: Base + Bonus last year

WF proved again and again that they don’t give a damn about any of us. We are just numbers. The only thing that we can look forward to is more attrition. They’ll exert an inordinate amount of energy to come up with and implement intricate ways to... — read more 

https://finance.yahoo.com/news/exclusive-wells-fargo-asset-cap-113431477.html

It sat around yesterday for hours and to my eye didn’t have any problematic content. Not my thread. How does editing by TheLayoff even work? How do they decide? Does WF secretly get live item veto under threat of slander suits? I can’t remember if... — read more 

F you for laying people off during holiday season.

Buckle up everyone! 2025 is going to be more exciting than ever! Prepare for more dishonest performance reviews and an increasingly toxic culture shift as managers look to find ways to give inconsistently meets for 10% of their teams, regardless of... — read more 

Is it worth submitting an accommodation for a renewal? I hear they are just denying them but then I hear of a couple people getting them approved. Don’t know if I want to waste my time & deal with more stress. Or does it really just depend on your... — read more 

I am software engineer in east coast area. Should I worry layoff? Is it core hub?

I can’t remember when was the last time I left work when I’m supposed to. I just come home and drop dead. It’s also near impossible to find some time during work hours. I would love to at least have a look at job opportunities. I just don’t know... — read more 

My manager laid me off today. What a surprise right before thanksgiving. Su-ks. LOB is Technology.

LOB, Location. May you find peace in your future.

Asset Cap will be removed in 1H 25. So much fat, start looking now.

Anyone have ANY legit info about location strategy for 2025 (other than it will occur)?

Wells Fargo is a different company today than when I arrived. During my tenure, we have driven a tremendous amount of change and progress and established a much stronger risk management and operational foundation. We have changed our leadership... — read more 

I see the FLIV team is going to be absorbed by EBCE, BCM and IT&V . They just created this team 3 years ago- always moving things around like a game of chess.