Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

401k AND SEVERANCE CUTOFF DATES

Example , say your yearly employment anniversary is Dec 17 And you are laid off Oct 20. Does 401k match and severance pay (2weeks per year) calculated on day of layoff or after the 60 days. So in the above example after 60 days on Dec 20 , do you... — read more 

National Branch Network Pay Raise?

Colleen Canny sent out an email today saying “we are increasing base pay for more than half of our branch employees”. Does anybody have more details on this? What positions does this apply to? What much is the increase of base pay? Thank you,

P3,P4,P5 salaries

With salary ranges provided for various job levels at the bank, how much is HR going to offer candidates whether it is an internal transfer or external candidates?. How much should you negotiate for?.

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| 650 views | | 5 replies (last September 11, 2024)
Post ID: @OP+1u0FrBqH

Opinion 8/20 response

Can not confirm or deny Sounds like I’m out. Only been here a short time. Midwest remote location

Re-org, 1 Year

If a re-organization occurs and someone reports to a new manager, does the one year (you know...the blessing of posting for other positions after one year in a position) start over?

In office time- saturdays?

If we normally work Monday to Friday but come in on a Saturday to catch up on work, does that count in reporting for a day in office?

How much in savings?

How much saved up as a single guy to not give a single sht about getting laid off or not? 400k good?

Onshore vs Offshore

does anyone know the onshore vs offshore numbers for Wells, BofA, Chase, Citi, Truist?

Pay raise ?

I came into work today and was told that the company has re-evaluated the pay and I will be receiving $1.35 more an hour. Has anyone else had a similar situation?

Global Employee Survey

What would happen if there was a drastic decrease in participation to the employee survey? It can’t be worse than their non response to honest feedback. I hope everyone just ignores the survey. Its a waste of time.

The inanity of location strategy

I can't be the only one being driven slowly insane by the dissonance between location strategy being used as rationale for the largest layoffs I've ever seen in my time here, and managers at the same time cheerleading the value of working together in... — read more 

cant sleep

been at Wells Tech for 7 years, and I’ve never encountered a layoff situation like this before. I rely on this job to provide for my kids. What are my options?

Tech Location Strategy Wave 2

Can anyone comment on location strategy wave 2 under TK/Bridget - when will it be complete? And then, is that it for the year? Location strategy only, not efficiencies. Thanks.

Volunteer for Layoff

I know couple people who volunteer for layoff and were laid off. But I read on this forum many times that you can not volunteer. They indicated to their manager if layoff come up - they should choose them first. However, my take is even if they do... — read more 

Senior Leads doing minimums

I have worked with some Sr Lead Data Mgmt analyst and can barely prepare PowerPoint slides, write any excel formula or do data analysis. I just see them to be a low skill PM whose sole job is to schedule a meeting and send notes. Most of these folks... — read more 

The core problem of Wellsfargo

The management teams of Wellsfargo are deeply corrupt, conspiring to intimidate those who are not within their inner circle. They are long-standing folks who bully newcomers. It has been Wellsfargo culture for decades. To truly reform the company it... — read more 

Performance Reviews - Manager Decision Or Not?

I was speaking with some co-workers about performance reviews. One stated that she received an Inconsistently Meets. Per the employee, her manager told her that she tried to fight for her to get a better rating but she couldn't convince "them". The... — read more 

Senior livings

What’s Wells life? It is a luxurious senior livings sponsored by Americans’ deposits. Wellsfargo employees can comfortably retire.

Location strategy

Remote engineers are panicking. The organization has become a Hollywood movie industry. Everyday you see remote folks pretend hardworking. Email flooding with no significance. Folks continue pretending and faking.

Tech hits coming Oct & Jan

To all of my tech brothers and sisters, do not despair. You have location strategy coming plus maybe a bonus round in January. Hang in and make them pay!

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| 950 views | | 4 replies (last August 11, 2024)
Post ID: @OP+1tVu9Lsu

Email from Bridget’s on Tuesday

I thought that it was weird to get an email from her almost 2 weeks ahead of her starting date. I’m not sure what to think about it. Sounds to me that she already had a plan of actions and will not spend much time on getting to know her new... — read more 

High focus on reducing costs

Is there really no other way Charlie can think of to improve our numbers? Is he really a one-trick pony who only knows how to get rid of people to make the numbers look good for a quarter and then he keeps repeating the same move over and over again?... — read more 

Hagerman off to be CIO at Truist

Well just made the press. Or I just read it. Good for him , since he wasn’t given an opportunity here it’s good he got a CIO role elsewhere. Hopefully Truist isn’t so bad that it churns and spits him out. I am sure there are folks he will take... — read more 

Am I eligible for any Bonus?

I was a P5 and then displaced in May'24. Mid year review was inconsistently meets (no brainer as I was already displaced). I am rehired as a P4 now. Any chance I will get any Bonus this year? or is it lost cause?

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