If you’re a CIB employee at a certain title or above, you’re supposed to give 60 days notice before quitting. Does Wells actually pay such employees for a garden leave for those 60 days? If you choose to go to a competitor with less than 60 days... — read more 

I was recently laid off from Wells and like many others have kept in touch with my colleagues. The workload and expectations before I was cut was absurd. Then they cut about 20% more of the team and more planned next month. It’s now reached a point... — read more 

Wells Fargo Enters into Agreement with Trimont to Sell the Non-Agency Third-Party Servicing Segment of its Commercial Mortgage Servicing Business Well this is one way to down size. The Bloomberg article scopes how big of a deal this sale is. "Wells... — read more 

The employees on the FST for RCSA how were they chosen? Did the manager give them up for RCSA? Were they delayed from a lay off? Some of these employees are talented & now they are being told they aren’t going back to their old jobs & some aren’t in... — read more 

I apologize for what may be an ignorant question, but can someone explain how COBRA coverage works? My severance ends on 8/23 and so my benefits end at the end of August. I understand I'll be sent COBRA enrollment documents sometime within two... — read more 

Getting incredibly tired of spineless leadership that won't do anything proactively. They sit and do nothing but blow smoke on calls all day until a regulator comes along and asks questions and suddenly it's a fire drill to action! We can have... — read more 

Every cut is not reducing platform knowledge to the point of major code breakage. Thanks Charlie and good luck India.

I was on the application submission page, and noticed that question about being in your current role for 12 months before posting out, is no longer there anymore? Is it no longer required? Anyone from HR/recruiting here know?

Can't do anything right out there in HY, eh?

It said, don't try too hard. It said, there's no reason to try hard unless you enjoy being stressed out. Trying hard in an environment where the C suite takes over 5 years to complete layoffs is not time well spent. Until the layoffs conclude... — read more 

Who actually decides who to pick for layoff. I am talking of performance/efficiency layoff now. Most of the folks I know that are layoff are senior level guys , some managers making the highest money. Not surprising they are also the older... — read more 

In VA-some employees were told they would get their packages in October 2024 but paused it due to 'updating' the compensation package. So, the others that were pushed out before them were lucky enough to have gotten a better package. I guess based on... — read more 

Let's say you are in your 60 day non working notice as an employee during performance review time AND hit the timeframe where you are eligible for bonus. Are you still rated and will you go through year end performance reviews? How do you get alerted... — read more 

I was reading an article on teamwork that says "if you begin another job outside of wf your employment with wf ends and you will not be eligible for severance pay and benefits". My question is, how will they know if you secure another job? Has anyone... — read more 

My group has now gone through its 4th layoff in 4 years, about a third of our group. All but a handful have been old dudes over 50, all races. I thought we were instructed not to age discriminate?

A new Wells Fargo class action lawsuit alleges the bank overcharged tens of thousands of consumers on their mortgage loan accounts and attempted to settle the issue by sending cashier’s checks without explaining the... — read more 

Employees were notified of the new cuts Tuesday but will receive formal communications that allow a 60-day notice period in the third and fourth quarters of the year, according to the WARN letter...... ... — read more 

Have you guys heard about that?

If one leaves in Sep does WF match my contributions till Sep?

These layoffs, especially in tech are really f’ing things up. Someone I was working with recent former go and. Is that group has to scramble to replace him on work we were doing. Another person in a tech governance type role just disappeared... — read more 

Saw this in another post but want to make sure everyone at Barnhart is aware - there is COVID going around in the building. As we all use the same entrance, please do what you need to to stay healthy.

Get ready. It's coming. It's being discussed at the leadership level. I love "collaborating" on Teams in an office where nobody talks to each other.

A Way Station is a place where people can stop when traveling from one place to another, nothing more. WF is a way station as you build your career. Stay only long enough to build your career and to get to your final destination. WF and all its... — read more 

Wells Fargo to open new branch at Stockton Crossroads, closing North El Dorado branch https://www.recordnet.com/story/business/2024/08/19/wells-fargo-bank-new-stockton-crossroads-branch-dutch-bros-coffee-sonic-september/74787379007/

I can’t say it was a surprise. My manager knew for months and did his best to keep me informed so I could get my ducks in a row. His manager also did his best to try and get us more time but that rang on deaf ears further up the chain. When those... — read more 

Do not delete this post Charlie Sharf is a CEO and the question would and can be asked of any CEO who leaves one company for the other. When Wells General Counsel calls you to delete this post ask them why they are so sensitive to this question??

I elected into the legal aid benefit (forget what it's called exactly), but wondering if I get laid off, can I use it to examine the legality of the layoff? i.e., can it be used in litigation against WF? Assuming there is probably some clause, but... — read more 

Starbucks’s New Boss Gets an Unusual Perk: Remote Work By Chip Cutter Aug. 19, 2024 5:00 am ET To woo its new CEO, Starbucks offered a $10 million cash signing bonus and millions more in stock-based compensation. The coffee giant also didn’t... — read more 

See you back here September 17...

Please fill in the following if you’ve been affected role/title geographic area (0,1,2,3) or city if you wish is your location core or non (yes/no) yoe at Wells # others in your group affected Happy to go or not any other info... — read more 

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.

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 

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???

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

Dos anybody know?

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 

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 

HY is going to announce what? Stock price is compressing. Is HY buying shares? Or going to announce a new work effort/plan?