Use the up/down vote buttons to voice your opinion on whether or not Wells Fargo can basically su-k it. Upvote = Wells can su-k it Downvote = Wells is great Comments are always welcome too.
Thank you WF!!!
Just a shout out to WF leadership for the displacement and cush severance package which will carry me well into next year. Been working multiple remote jobs since I started at WF and can say that the p*ss poor leadership and disorganization under... — read more
Remote folk????
I’m currently remote and sometime in July i was given prenotice that i would be displaced sometime in Q3 2024. There is speculation that it may happen today, since it’s a Tuesday after payday. Any thoughts???
Wells Fargo Enters into Agreement with Trimont to Sell the Non-Agency Third-Party Servicing Segment of its Commercial Mortgage Servicing Busines
https://newsroom.wf.com/English/news-releases/news-release-details/2024/Wells-Fargo-Enters-into-Agreement-with-Trimont-to-Sell-the-Non-Agency-Third-Party-Servicing-Segment-of-its-Commercial-Mortgage-Servicing-Business/default.aspx
How will people be notified?
Dos anybody know?
The Rich get Richer
I may get down voted for this May 2, 2024 Des Moines news article, but the title makes a statement. Greed. The rich get richer and the working man gets laid off... — read more
Displacement advisory group
Today is a Tuesday after payday. Do all layoffs happen after the WFB Displacement Advisory group sends letters to a state's employment board & mayor, governor, etc? Is it always going to be that formal? Or in cases with multiple call centers closing... — read more
stock has been up for 5 consecutive days... Are they getting ready to announce something?
HY is going to announce what? Stock price is compressing. Is HY buying shares? Or going to announce a new work effort/plan?
5 minutes, maybe..
How long it will take me to round up my stuff and head towards the door tomorrow if I get the boot. I have very few things to gather where I sit. Same to you HY!
Q for those who want to change job
Are you looking into jobs in other banks or widening the search? I’ve been in WF for almost ten years now, and I’ve had enough banking to last me three lifetimes. I recently started looking for another job, and would like to do something entirely... — read more
FedEx from WF!
FedEx overnight package from WF, arriving tomorrow. Dare I hope?
Internal move - hire externally ?
Someone from my team just moved internally. Does that mean my mgr is able to hire externally (+1) employee or would the higher ups encourage he also replace internally ?
Position, Location, and Salary
Share away, my fellow stagecoach-riding friends, so we can see how underpaid some of us are. Also, corn.
COBRA plus ACA vs. Retiree Health Plan?
Another grey haired laid off team member - err employee. Severance and benefits run out next month. I have 5 years until Medicare. Very happy with AETNA/BC/BS higher use plan. Retiree is United Health Care and I am eligible but have no subsidy. ... — read more
101 uses for "gold" coins and acrylic cubes
I'll start - I utilized mine at my rifle range. FWIW, the acrylic cubes completely disappear when stuck by a 150gr. 30/30. Not a shard to be found.
I am surprised to see you all get paid well.
When they hired me five years ago, they low balled me big time. I didn't have a choice but to take it, as I was unemployed.
RTO and surgery
Is there something in Workday I can mark if recovering from a foot surgery for a week? I can work from home but I can't drive for 7 days post op. My manager is new to WF and doesn't know how to help with rto stuff. I don't want to take PTO since it's... — read more
The pay is not worth it
I've stayed here much longer than I should have because I'm paid well enough that my family can live comfortably, but I think I'm done. My mental health has been deteriorating rapidly as the situation became worse and worse (Wells Fargo was always a... — read more
Q on retirement
If I have decided to retire, do I contact HR first, before doing anything else? Is there always a paid 2 weeks from the time I contact HR and the day I actually retire? Thanks !
Aug 20th
I heard Risk will be hit. Is there any truth to this rumor?
What If
What if the cap is not lifted? What if the relocation does not help efficiencies? What if off-shoring does not lift the share price? What if DEI fails to improve Teamwork? What if RTO does not improve efficiencies? What if Charlie is not replaced? Is... — read more
Wf alumni network
I had a Wells Fargo alumni network pop up on my LinkedIn. I searched the web and it seems like a real thing. What in the world is their motivation for this? As far as I can tell they are still forcing people to RTO and still laying off American... — read more
Pay increases
Did anyone see that there was an article of pay increases for 50 % of workers ? What are your thoughts.
When to file?
Apologies if this question has already been addressed, but when is the appropriate time to file for unemployment with the state? Should it be done during the notice period or afterward?
August 20th
Is August 20th really the day all wave 2 relocation decliners are laid off?
Wells Fargo does not give a sh*t about Veterans...
Despite all of the "Veteran" cheering and bullsht, WF does not give a sht about Veterans. All they care about is telling people that they like to hire Veterans. Meanwhile, they do hire them and then they displace them at their disposal, including... — read more
Winston Salem -WEC
I understand that the lease for WEC has been extended to 2028. Does this imply that WS employees will be kept on longer? I am hearing as much. I also notice that the parking lot seems to be getting more and more full.
Personal device texting
Anyone have experience being investigated or disciplined for sending a business related text from a personal device?
Ageism is a real thing
Pay that goes with years of experience and acquired skills is an added bonus making sure you will be eliminated as soon as you reach 50. Fortunately, I counted on this, made some smart investments along the way, made sure I’m almost free of debt... — read more
Big dividends for preferred
https://newsroom.wf.com/English/news-releases/news-release-details/2024/Wells-Fargo--Company-Declares-Cash-Dividends-on-Preferred-Stock-f603ec4d7/default.aspx
Laptop Question
I worked in CT. It's going on 90 days since I left and they still haven't send me a box or message to pickup my laptop. At this point I suffer mental trauma everytime I look at it. I have a new remote job at the same rate as inspiration for all... — read more
Manager's False Valor
New tech manager with no domain knowledge is claiming successes from previous manager. Were is this cr@p going to end. Makes me sick to have to listen to this.
How were “core” locations chosen?
Curious if anyone has actual insight into how the core locations were chosen for each LOB, because some of them really don’t make any sense. For WIM, Salt Lake City is a core hub, but we have a very minimal presence there. I don’t think I have ever... — read more
One Wells Fargo
What happened to one Wells Fargo? Or was that not under the new Chase management? They want to say one WF, but yet, we are in different core & speciality markets. Your site is a core site for one LOB & its exiting all other LOB’s.
Oh Winston-Salem what’s going on now?
I heard it might be a rough week 😕
Any Barn updates?
still quite a few people in this building..
Core vs specially location
Can HR flag for going to near by speciality location instead of core /workday location ?
Good Wells Fargo food. 😋 must be a hub.
https://www.axios.com/local/charlotte/2024/08/14/see-inside-wells-fargo-opens-food-hall-for-its-15000-uptown-employees