Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Amazon says 5 days RTO or leave, is WFC next!

So basically they were told if you don’t like it leave. One the economy gets better many many people will quit. Then watch companies complain that they can’t find talent.

Impact on bonus and 401k match

If you are expecting a bonus early February next year and got laid off like in November, are you going to get your bonus or not ? Also what is the deadline for the 401k match ?

1099

Will WF see if I receive 1099 income this year before I’m laid off in Q1 of 2025 (our expected layoff time frame)?

2025 health coverage

Well at least my premiums are only going up 5% per pay period. How much you want to bet my salary won't go up 5% this year?

People need to quit

Enough with the "quiet quitting" nonsense. You slacking off doesn't affect just you. It affects your entire team, who have to pick up after you. If you're done with this place, then put on your big boy/big girl pants and quit. Leave the rest of us... — read more 

Many hub people with remote exceptions in tech

How come so many people that live by tech hubs (ex. Charlotte, Phoenix, Dallas) have remote exceptions while other people were brought back. Looks like this is the case from individual contributors to executives. These people all can’t have remote... — read more 

Is today Happy 401K Match Day

I think it is just curious. The 60 day working notice would get us to 12/15. Or Do I misread the plan. Congrats to those of us hanging on to the On Fire Stagecoach.

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| 1000 views | | 8 replies (last October 18, 2024)
Post ID: @OP+1v1aIMQi

Survey Results?

Looking forward to improvements once management makes the survey feedback actionable. When should we start to see the new plans?

WFC is becoming more and more toxic

I know the job market is tough, but I'm starting to feel like it doesn't matter and I'd be happier unemployed than being part of this mess.

New cloud pc

How is that different from VDI, what are they talking about?

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| 1430 views | | 7 replies (last October 19, 2024)
Post ID: @OP+1v0gmsNx

I have a question….

Per the CFPB in Dec 2022, “Wells Fargo is a repeat offender, a corporate recidivist that puts one third of American households at risk of harm.” Our top 5 primary offenses are Consumer Protection Violations, Mortgage Abuses, Banking Violations... — read more 

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| 790 views | | 7 replies (last October 19, 2024)
Post ID: @OP+1v0uvpDu

Barnhart

Any layoffs at Barnhart today??)

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| 1110 views | | 9 replies (last October 20, 2024)
Post ID: @OP+1v0WbN6h

Glad to see we have money for all these offsites...

We have a bunch of people at Grace Hopper, others are posting pictures of large meetings. We're laying people off but we have money to send 100 people to conferences? I haven't been to a conference in over 5 years - and I'm talking about an... — read more 

Boise ECMO

72 ECMO Boise employees given their 60 day non-working notice at 10:00 a.m. this morning.

Offer at another investment firm

So I received offer to join another investment firm in similar compliance position. They have 200 financial advisors versus 10,000 plus at WFA. The hiring manager told me they recently fired a person that joined from Wells Fargo Advisors cause... — read more 

WF is a hellhole

I worked in several big companies, not all of them in banking. WF has proved to be the worst work experience. Office politics is insane, backstabbing casual, and the team toxicity is cleverly encouraged and exploited by management. Whatever actually... — read more 

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| 660 views | | 4 replies (last October 16, 2024)
Post ID: @OP+1v0eEZG9

“Workforce Share” is very shady!

Recently got moved to EBCE even though I work at a “core” site. Supposedly this has nothing to do with being identified for layoffs, but the whole experience so far makes me feel like they are setting me up for failure. To make the situation worse... — read more 

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| 770 views | | 5 replies (last October 16, 2024)
Post ID: @OP+1v0LB4Iu

Wells Fargo's hustle culture

Wells Fargo culture is toxic as it is, but add to that the hustle element, and no wonder so many people are either leaving, burnt out, or hating their jobs. Bosses here will gladly take advantage of your hard work and praise your dedication with... — read more 

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| 890 views | | 6 replies (last October 15, 2024)
Post ID: @OP+1uZECjEq

AI scare is just an excuse for offshoring

I’m sure numbers in a short time will prove this. Yes, some of the jobs can and will be replaced by AI, which is btw over-hyped and still just a rudimentary tool, but the vast majority of jobs are just being offshored under the excuse of the AI. We... — read more 

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| 480 views | | 4 replies (last October 17, 2024)
Post ID: @OP+1uYUfBiu

Life after WF

It’s all fun & games to be rage applying until they all start calling you back & you don’t know which one is calling you back

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| 660 views | | 5 replies (last October 15, 2024)
Post ID: @OP+1uYdt0Rj

Sr Lead vs Mgr

Is Lead to Manager considered a lateral? Meaning no pay increase. The corp titles are the same and the compensation code. What is the incentive for someone who is a Lead to do that vs stay on the IC track and go for Sr Lead?

Something will have to give soon

Corporations serving only the top and shareholders is not a sustainable arrangement within the framework of any society. Maybe in a lab. They exist in communities, draw resources from said communities, and enjoy low taxation, legal protection of the... — read more 

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| 790 views | | 9 replies (last October 18, 2024)
Post ID: @OP+1uXCH8O4

Laughable: Wells Fargo talks out of both sides of their mouth when it comes to the Union. They assume you are stupid. They need you to be stupi

One side of mouth: Scharf boasts about cutting 60,000 jobs while also building out India and the Philippines. So how many US jobs have been cut? I would estimate at least 80,000 jobs Other side of (lying) mouth: “We continue to believe our... — read more 

Technology chopping board

There’s been Leaderships offsite and the primary topic was layoffs in Q4. Update your resume folks.

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