It’s just an attrition tactic. Nothing more, nothing less. Any other reason, if it exists, has not been decisive. It’s all about getting rid of as many of us as possible without paying for it. As simple as that.

Once past mid October m you’re eligible for the 401k match due to the 60 day notice period. You can imagine intense pressure to eliminate as many peasants as possible between now and then. Best of luck to you all!

2006-2008 “The objective of WFIS has been to establish a source of talent for Technology positions Wells Fargo has been unable to fulfil in the US.” (Lie: Talent doesn’t exist in U.S.) 2012 While refusing to divulge the timing and the number... — read more 

Was told by management that I needed to say non-US persons instead of saying Indian employees or offshore employees. I didnt ask manager but was wondering what's the big deal with using those terms?

Working in the office 5 days a week to build company culture is a myth, PwC report says https://www.msn.com/en-us/money/other/working-in-the-office-5-days-a-week-to-build-company-culture-is-a-myth-pwc-report-says/ar-AA1qU17L

Hopefully you have banked 3 Million - 5 Million

Apparently only around 65% have filled it out based on email DF sent out...seems realllllly low. Keep it up folks!! DON'T FILL IT OUT!!!! Anybody know participation rates for other groups yet?

Look for a scandal-ridden bank under a Federal Asset Cap with 2 failed CEOs Observe bank’s incompetent BOD stumble in their efforts for a year to hire any talented banking executive as new CEO Interview for CEO job, pretending to be... — read more 

https://www.cnbc.com/2024/02/13/nintendo-ceo-once-halved-salary-to-prevent-layoffs-why-thats-uncommon.html

Oh Wait.

In tech, non-core location. There hasn’t been much mention of location strategy related layoffs lately, so are they done for 2024?

Is anyone aware of the recent org change announced where CIB markets COO team will be aligned to John Langleys central COO team ? This sounds like a cost cutting strategy to me. Also if anyone has any input on this team and the future direction that... — read more 

Glad to see that some BODs do their job.

Each Monday, a National Sales call is conducted for WIM/WFA. This past Monday, the head of National Sales participated from what seemed to be his car parked in a garage, using a smartphone positioned at his seat level pointed up to capture his chin... — read more 

And are there too many? Too many all trying pose as building se-y cost cutting things that are just vaporware cost centers? Seems like a good area to consolidate and cut. Then cut some more.

Anyone know if we can get short term disability for anxiety at wells? I don’t have any previous experience with short term disability however the anxiety I’m experiencing working here is terrible.

https://www.desmoinesregister.com/story/money/business/2024/09/19/wells-fargo-layoffs-west-des-moines-jordan-creek/75295246007/

I’m sorry for veterans who have to learn this hard way, after investing years and decades here. Some of the younger generations came into a profound shift of how the workforce is perceived and treated, and know better than to stay in one company for... — read more 

https://www.desmoinesregister.com/story/money/business/2024/09/19/wells-fargo-layoffs-west-des-moines-jordan-creek/75295246007/

Got laid off on Tuesday after +25 years and while I kinda, sorta figured it HAD to be coming I'm still in shock. Given the multiple transfers (further and further from my area of expertise) over the last year or so, I find myself feeling manipulated... — read more 

Every company out there is looking for AI and Data headcount. This place treats it like an after thought. Not sure why anyone in these areas would stay at this company, the $ and upward mobility are far great outside of this place.

Flood Corporate Communications with questions for the town hall about Denise Prudhomme.

One of my international coworkers confided in me that they only completed one year of a college degree even though our job requires at least a Master's. They're competent enough for what we're asking them to do but it was still shocking to hear. How... — read more 

Got an email from my level 2 up manager . Stated that completing the survey is mandatory. They even had a list of who hadn’t completed it yet. So much for anonymity.

Your first impressions of Charlie First time you saw the CEO in person or via video. Thoughts? #OhCharlie

I feel (not certain) I am at the bottom of the range and I feel that my contribution is exceptional. Is there a way to ask for a better comp without pi----g off the manager?

Trying to keep on keeping on while the displacement axe is swinging... https://www.calm.com/blog/layoff-anxiety Snippet from article: "In times of economic uncertainty, lack of job security can be frightening. Feeling the need for financial... — read more 

I paid more attention during the last week to how much time and energy I had to dedicate just to paperwork, following the specific procedures and compiling reports. Oh, and regular meetings. My estimate is 70% of the time. I’m not talking about the... — read more 

I’ve been with Wells for many years and I’ve never seen the sort of unethical behavior as I have lately. Employees are so afraid of missing a deadline or ending up on a report that they are doing anything they can to not miss the deadline or land on... — read more 

Now, before you get displaced. You will need that to login to workday/teamworks etc

I was displaced yesterday. I am trying to access workday at home from teamwork’s at home. I can’t login. I follow the prompts, request a new password sent to my personal email address (which I did have on file in workday before I logged off). I keep... — read more 

Anyone numerically eligible for retirement should be offered an early retirement package which would be equal to severance with early retirement benefits not sure who would turn it down win-win saves time and money

https://x.com/johncodezzz/status/1836205682539786345 I’m a former AWS employee: most of the hot takes on Amazon's new strict return-to-office policy are wrong. Anyone who’s been paying attention saw this coming years ago. And ultimately, it comes... — read more 

We just got another slap from the regulator after spending billons of dollars on RCSA (in phase 1, phase 2 and chicken dance we were doing before Phase 1). The program is nowhere close to being wound up and costs are still being incurred at eye... — read more 

Buying stock is a gamble, why do large corporations pander to the gamblers rather than the folks that actually earn $$ for the investors?

I recently had my medical accommodation for a disability that will never improve or change reviewed. My doctor completed the required forms. Hr only approved for a year even though my dr clearly requested I work remotely ongoing. Does anyone... — read more 

The following are excerpts from the survey's Privacy Notice (did you read it before making a decision to submit it?) where the third-party company states how they may collect personal information: "Personal information that could be collected... — read more 

I have an invite to join a teams call with HR next week? All it says is “listening in with so and so” . I’m hoping it’s what I think it is but not sure 🤔. Can anyone elaborate on what this might be ?

We’ve talked about it here before but this is a good read about how McKinsey and Co — Wells Fargo’s business consultant — “routinely pushes profits over ethical conduct” and has a hand in su-king the life out of companies, communities and employees... — read more 

I’m trying to look for another job, and having WF on the resume while looking for another banking job is not really a plus. I’ve been trying for months now, and all the offers that came my way were worse than what I have here. I’ve been actually... — read more