Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Continued layoffs at Wells Fargo 2024

The executives continue to cut heads all year but can send two executives on roadtrips to India and the Philippines and announce plans to visit facilities in London and Singapore. Must be nice to have money for travel which includes hotels, meals... — read more 

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| 1360 views | | 9 replies (last September 4, 2024)
Post ID: @OP+1uf3blkS

Saying "Text" on Teams

I've heard from other team members that they're being looked at if they mentioned the word "Text". They have to answer 2 questions and provide screenshots of their text messages to prove it wasn't about work. Has this happened to anyone? If it's... — read more 

Shaun M new Southeast Division Exec

Thoughts? This organizational change impacts everyone in the Branch Network, and heavily impacts 1/5 of us. What ripple effects do you anticipate? Who will take his place and what changes will they make?

Fireside chat

Who came up with this. Like in real life, have you ever even had a chat by the fireside. If it doesn’t happen in real life, why would someone want to describe a meeting this way?

Question about the final Adios Amigos

Some managers have left for greener pastures. Others seem to have distanced themselves bracing for when they have to lay people off. That's business and all good and well. In any case where an employee and their manager may both be scheduled off on... — read more 

Banker connection Salt Lake City UT

Just had a meeting about oboe many ppl we need in order to stay open here in SLC. My manager seems to act like she/he knows we will be here for awhile. But he says the number of people that leave our department (which I noticed a lot have left)... — read more 

First citizens bank

I've heard quite a few of WF employees left to go work for FCB. Anyone willing to share their experiences? Any regrets?

Layoff’s = Turnover

Older employees stay longer, reduce your turnover and cost you less. We all know that turnover is costly, both in terms of money and time. Less turnover means less time spent on recruitment, training, and onboarding, and more time focusing on... — read more 

Any rumors about consumer lending?

It’s been radio silent in CL. All the people I know who are remote are still there. Besides some random displacements due to small reorgs, haven’t really heard much.

Ivanti vpn is down

I'm not going in just because the bank can't keep VPN software up and running. Looks like a nice, slow day for me.

Bridging

If you come back in a different role after the 60 days, is there some bridging for 401k match and bonus?

H3LLS FARGO is back

Notice an increase in complaints from employees around the toxic culture ?! Yea, it’s not a coincidence- wells is heading back to the torture environment from pre 2016- new network leadership breeding bullies and their only way to manage is thru... — read more 

Totally burnt out and ready to leave WF behind

It’s not worth it. It really isn’t. I’ve been here for five years, and all I can think of lately is what else I could have done in that time. I know it’s silly to think that way, and most pastures are not greener, but still. I reached the point of... — read more 

12-month total

Is there any way to know how many folks were laid off in the last 12 months? Considering that we're having monthly cuts - sometimes even weekly - I'm guessing the number must be substantial.

woman found dead at desk

https://www.12news.com/article/news/investigation-underway-after-body-of-wells-fargo-employee-found-dead-at-work-tempe/75-1329570f-3b63-4869-b4bd-7d45801a80f2?ai=#m0da0mm5j8uba8i7axa

Another day, another bloody migraine

Is it worth it anymore? Come in, huddle, pretend that I’m happy, help customers, leave the damn branch for my miserable 45 minute lunch, come back and help customers, leave 15 minutes after branch closes to only be reminded that I hate my job. I... — read more 

Ka-Ching!Wells Fargo is a boon for therapists

My therapist candidly revealed she has a lot of patients who are Wells Fargo employees. Although they work in different areas of the bank, they all have the same issues from the toxic environment.

Continued use of H1bs

Tech and outsourcing companies continue to exploit the H-1B visa program at a time of mass layoffsThe top 30 H-1B employers hired 34,000 new H-1B workers in 2022 and laid off at least 85,000 workers in 2022 and early 2023... — read more 

Wells Fargo has become too stressful for me

It's always something. Every single day. Layoffs, PIPs, benefit cuts, threats, gaslighting... It's too much for me. I know work is not supposed to be fun, but this has reached the opposite extreme. In fact, I think that I'm ready to leave the... — read more 

Hmmm 🤔

https://www.bizjournals.com/sanfrancisco/news/2024/08/26/wells-fargo-layoffs-job-cuts-wfc-economy.html

David Owen Org

What was the reason for reassigning business groups under David Owen?

Wells Fargo’s cost cutting spurs hundreds of layoffs

Wells Fargo is shedding hundreds of jobs in recent rounds of layoffs around the country and more are expected. https://www.bizjournals.com/sanfrancisco/news/2024/08/26/wells-fargo-layoffs-job-cuts-wfc-economy.html

ADA and terminations

I am hearing that HR is reviewing all medical accommodations for remote work and if you don’t agree to come in at least one day a week it has to be approved by sr leaders and if they don’t approve and you don’t RTO you will be terminated. Wouldn’t... — read more 

Dtd August 12, 2024

https://franknez.com/wells-fargo-is-now-under-federal-investigation/

Stick around until laid off?

I have been reassigned to a new boss who doesn’t like me and I don’t like either. Feel like he is enough of an awful person that he may give a bad review even after all the hard work I do. I am actively looking for other jobs both externally and... — read more 

Internal Audit current work environment and RTO?

What is the current work environment like in IA and what is the RTO enforcement like? I imagine it's like most areas of the bank these days, where people are overloaded with work, but curious if some teams are worse than others in that regard. How... — read more 

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