Next Tuesday, June 25th will see a substantial number of people let go. In fact, many have already been told unofficially to plan for it. Especially, those who have been here for over 20 years. That being said, if you are let go because of "location"... — read more
Is this normal?
Started at wells as a contractor and for my job I have to contact multiple people for information. Many of these people do not respond at all or only give incomplete answers and can’t tell me where to go for further information. My manager is on me... — read more
Layoff and Disability
Non-remote but non-core location team member here. We were told that we would be displaced however I have scheduled surgery and will be off for at least 3 months. Anyone been in my situation and know how this will impact severance? I don’t have much... — read more
To all the IRMs in operational risk
You have no accountability, no substance, no ability, no skill, no common sense, no business sense, no sense whatsoever, no insight, no utility, no value, no clue. Nobody knows what you do. No one needs you. No one will miss you when you go... — read more
Relocation Assistance
Has anyone received information they are willing to share about the relocation assistance being offered? Being told I'm getting it, but won't know details for several more months. Any insight is helpful.
Job Changes Max 5% Wage Increase
I just had an interview and the recruiter informed me Wells added a new compensation rule 3 weeks ago that promotions to a new team cap wage increases at 5% and the new pay could be delayed until Jan 2025. Has anyone else heard of this?
WF is where the really bad managers & "bankers" come to excel
They're all still here too.
Wells Fargo Is Losing Millions of Dollars on Its Flashy Rent Credit Card
Wells Fargo Is Losing Millions of Dollars on Its Flashy Rent Credit Card Wall Street Journal
Last severance check question
I am nearing the end of my severance. My severance period ends on June 28, but the normal on schedule payday for that period would be 7/5. Do folks that have gone through this know if that last severance check would come on 6/28, off schedule (as was... — read more
6/25
I’ve heard from others at work that this is supposed to be significant date 6/25 for releasing team members? Anyone else know this as well?
Mouse juggler
Did anyone hear any news about mouse jugglers getting caught? Is anyone worried like I am? I’m literally sh@ting my pants
Wave 2 for technology
Any idea what the dates are for wave 2 location strategy lay off
Severance pay - Lump Sum
I am thinking about receiving the lump sum. It says it could take up to 60 days to process and that they would not process it until after your 60 nonworking day period. Has anyone had experience with this? Does it take that long to receive a lump... — read more
Maternity Leave and Layoffs
Are there any legal avenues to seek if I get laid off right before or during my maternity leave? I’m expecting my first child next month and feel like they will be coming after me.
DAYS and HOURS in the office being tracked
It's not only the number of days you are in the office but how many hours per day. Reports are being run with that information and have been for 2 months now. People who are not spending enough time in the office are subject to being written up and... — read more
CB Intern Locations
Commercial Banking interns are located in many CB non-core locations including San Diego, Denver and Seattle yet I cannot apply for or be hired for future roles in those locations or continue my employment for much longer in one of those locations... — read more
India employee appreciation
LinkedIn posts show a very different employee appreciation versus stateside lol - we got nothing here but I’m in a non hub.
I want to "work smarter, not harder"
I work 70+ hour weeks and I'm tired of it but I'm so scared of being fired if I say no to any of it that I just keep doing it. My boss is an a--hole and I wouldn't put something like that past him. So much of what I do is not my job but I got stuck... — read more
Check out the big brain on Charlie: Article exposing the Bilt failure
What a disaster and an embarrassment. https://www.wsj.com/finance/banking/wells-fargo-credit-card-rent-rewards-8e380852
WIM Allegations of Misconduct and Fraud
According to a Bloomberg report citing disclosures filed with the Financial Industry Regulatory Authority last month, allegations include: Mouse jiggling as fake work, Fake interviews and hiring practices, High corruption involving the sale of... — read more
Commercial, from 3 to 4 days in the office
Most if not all of commercial, have gone from 3 to 4 days in the office beginning around Fall or early Winter. How are you holding up? Or is it not that noticeable anymore?
Wells Fargo should go back to being Norwest Bank
Preposterous? At first -- you bet. Remember it was Norwest Bank that purchased the struggling Wells Fargo bank. It changed its name. It may be time to reclaim it. What good is the Wells Fargo brand? How tarnished is it? Has Wells done anything... — read more
PSA: you can freeze your Work Number info
There are other such bureaus too but they are the biggest. I don’t have the details, but some states may give you more power than others. You can always unfreeze later. Might be useful if you do t want to drive an Uber or do odd jobs during your 60... — read more
Offboarding
How ironic is that the HR reps processing my offboarding are all from India….
Final Paycheck Question
I noticed that my final paycheck posted today on Workday, pre severance, and includes PTO. However, the funds have not hit my bank account. I understand that money paid before a pay date is considered off cycle. The processing takes longer and the... — read more
Firing for using mouse jigglers
Mouse jigglers' pretending to work fired by bank US banking giant Wells Fargo has sacked a number of employees following claims that staff were faking keyboard activity to fool the company into thinking they were working when they were not. It is... — read more
What is the point of WIM?
Why don’t we end their misery and release the melonticatic investment to build CIB.
Move or Charlie Rips the Chainsaw
So since next week we are getting letters to (A) Move or (B) GTFO, in my department because "every bank has a location strategy" what is everyone leaning towards? I think this is the beginning of Charlie's reign of te---r before he jumps to the next... — read more
Town hall watch parties
I saw that many of the hub locations hosted watch parties for the town hall during employee appreciation week. Did anyone here attend one and was it lit? Unfortunately I am in a non-core location but am eagerly looking forward to relocating to a hub... — read more
Your Employee Thinks They’re God’s Gift. How to Break It to Them [that they're not]. (WSJ 3/6/24)
I don't agree with everything in this article about employee, but How do you deal with a co-worker who has a god complex?
Telecommute for me, not for thee
9/27/2019: "...Wells Fargo, still recovering from a fake-account scandal caused by sales managers running amok, will let its newly appointed CEO, Charles Scharf, run the San Francisco company from New York. "Wells Fargo’s board had to know this... — read more
This place is abhorrent
How are you enjoying “Sc--w You, Employees! Week”? I’ve been trying for a while now to figure out why I am still here, just waiting to be unceremoniously fired or for my job to be offshored. Then end up regretting these couple of years I’ve been... — read more
Info I have gathered, yes I was also laid off. Take it or leave it..
Team members are notified during a meeting with their manager only. HR is NEVER present for these discussions. EVER. After that meeting with the manager, a Fedex package will be shipped overnight or second day from the Displacement Services team to... — read more
How appreciated WF employees aren't.
WF CEO chose to no-show at his own Town Hall during Employee Appreciation Week to listen to a convicted felon who is barred from ever working in retail banking, the securities industry, insurance, accounting, as a fiduciary for trusts, real estate... — read more
The optics of going to a Trump Rally
Then not talking to your people about appreciation as a CEO. I can’t unsee this sh-t, it’s abhorrent. Please release the thoughts on where we’re at.
address confirmation in workday
is there a timing correlation to getting that message in workday to confirm/update your personal information and when you get displaced? I got that message a couple weeks ago and after the Townhall today, hearing rumblings of an end of month layoff... — read more
Layoff soon for California Remote Workers
Wells Fargo will figure a way to fire you before they need to lay you off to save that severance. There’s going to be a big shake up in August for our California Remote workers. Management already knows what’s happening they will tell you they... — read more
The reputation is not great enough to lift the asset cap
It is sad that everybody outside of wells fargo talks about the scandal that happened almost 8 years ago. If the reputation is so bad among the people, how do you convince the fed to lift the asset cap ?
Internal Audit
What is going on in Internal Audit right now. Feels like there is a secret at P5 and above.