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.
Layoff criteria
What are the criteria determine if someone gets laid off? Is there an algorithm? What level of management determines the people who are laid of, senior manager, Director, or several layers above?
Naughty naughty
Wells Fargo (NYSE:WFC) fired more than a dozen employees from its wealth and investment management division in May after the bank investigated claims that they were faking work, according to a media report. The employees were "discharged after... — read more
Is the media corrupt
75,000+ Americans are fired and replaced by Indians offshore, maybe another 50,000 replaced state side with Indians... zero mention in news 10 of 235,000 are fired for mouse jigglers, it's headlines in multi news outlets.
Q2 CEO Town Hall - June 13 @ 2:30pm et
Observations, thoughts, critique? Add your running commentary below!
More layoffs this week?
Saw this comment about 250 peeps. Nobody around me got fired. Can we expect more this week? Or we can continue feasting in peace on this lovely food provided by our kind and understanding overlords ‘till the end of employee appreciation week? — read more
Fired employees
With all the layoffs and offshoring happening it's funny how this is the one article the media covers in regards to employees being let go https://finance.yahoo.com/news/wells-fargo-fires-over-dozen-133711267.html
Fired during Employee Appreciation Week
Looks like about 250 people got to do the walk of shame, cardboard box of office junk under their arm, trudging past their colleagues who were busy stuffing their faces with cheap junk food. So much Fing appreciation. FHY.
Jensen Huang: Ditching Meetings for Agility at NVIDIA
Nvidia is the most successful company this decade are these one-on-one meeting rules. Gemini summary https://fortune.com/2024/06/12/nvidia-ceo-jensen-huang-meeting-rule/ Summary: NVIDIA CEO Jensen Huang prioritizes efficiency and avoids unnecessary... — read more
Appreciation???
Chips and candy???? Bffr
WINSTON SALEM
Any updates???
Accountability
I was fired for accountability. Due to wells fargo’s never ending system issues. Reported, screen shot, & emailed EVERY ISSUE. Manager said he didn’t know what was going on. Didn’t hesitate to fire me though. It was a ticket put in for our entire... — read more
Fired for handle time
Lol not my fault your customers want me to go into 5 accounts during one call
EBCE cuts on the way.
Just heard all testing teams across 1st and 2nd line are going to be consolidated. This will remove several layers of dim box tickers ticking one another’s boxes thereby saving the company many millions of dollars every year without any adverse... — read more
Cut off date for bonus eligibility
Anyone know the exact date?
Do PTO Days count in part of the average for in compliance with in office days
I hear they average out your in-office days (to ensure your average is 3 days a week). If you take a week long vacation (5 days), do you only have to go in one day the following week (since you would still average 3). Trying to understand if PTO and... — read more
Locations up next for layoffs???
Is there a list and a timeline for cities set for layoff?? I have a remote co-worker who still has not gotten any notification. Boss said some are going later. If that’s the case, what’s next? This seems so messy and no plan unlike what we were... — read more
Employee Appreciation - Snacks
So, what type of appreciation did everyone get at your site. Here we were offered snacks. Candy and chips. Wells is so appreciative of its employees they had people standing over the snacks confronting people who took more than one or two items. Is... — read more
CTO townhall
How is it going? Comment away!!
Why is the focus always on reducing costs through layoffs?
There are many, many other ways to increase profit that won't cost many employees their livelihoods and destroy the morale of those who are left behind in the process. A good and competent CEO and C-Suite would know what to do. Sadly, we don't have... — read more
Witnessed ugly separation today
One manager fired a few engineers today. Reason unknown. It’s quite a surprise.
The Hypocrisy of the Location (Layoff) Strategy
FLASHBACK TO 2019: "...Scharf, who three years ago left the top spot at San Francisco-based Visa Inc. to rejoin his family on the East Coast, made staying in New York a prerequisite to taking the Wells Fargo job. He’ll run the $2-trillion lender... — read more
Sioux falls
Anyone know anything? All sorts of talk
Any Barnhart layoffs?
Weren’t the big guys supposed to be at Barnhart yesterday or today? I’m remote and was on PTO so I don’t know much about it or if it happened.
Fired
Terminated today for “performance”. Won’t be getting that severance huh?
Well Life = He-l Life
The "Well" Life Relentlessly being propagandized to and gaslit Hypocrisy of the CEO demanding when he was hired that the headquarters be in NY (when the west coast hq was sanfran and the east coast hq was charlotte) so he didn't have to relocate... — read more
Pur water, who has special interest in this?
I’ve never seen so much product placement advertising at work. Nearly all recorded videos have these bottles strategically placed with the logos just perfectly shown lol it’s pretty wild
No layoffs today
I think it's safe to say by now that today is not the big layoff day some have predicted.
Tech Tuesday 6_11 podcast
How much money went to remodeling/building out Charlotte Connections?! Corp property investment v. Stable Environments/Tools? The chasam of wants v. needs widens.
I was happier last week
Before this insulting fake “heartfelt” thanks. It’s way more honest just to tell me I’m mediocre, offshore my job or worse, have me research AI, create a deck for execs and then eliminate my own job with said strategy I created. That’s really the... — read more
Complaints
Anyone have updates on ECMO (complaints) seems like volumes in my queue has dipped but not enough for us to have a break
Chainsaw 6/11/24
it's rev'd up and ready to GO!
Grateful for the Company's Gesture 🙏
Big thanks to the company for Employee Thank You Week! Free treats and fun stuff - it's the little things that count. Feeling appreciated! 🙌
Internal job P3 to P4
When you are already a WF FTE, i don’t think there is any background check done if you apply for internal jobs but want to ask here to make sure. Are there any LOBs where you are required to report any incident?. We are humans and life happens. — read more
Tomorrow D Day
I think tomorrow will be ugly. We usually have a team meeting every Tuesday and they pushed it back a day to Wednesday and made it longer. I’m concerned for myself and my colleagues. We deserve so much better here
Employee Deception Week at Wells Fargo
Sorry….meant to say “Employee Appreciation Week.” 😞 my bad. The stagecoach rules…NOT.
Employee appreciation week is a bizarre affair
If this was a sound company with decent HR policies, meaning a company which truly appreciates and properly values hard work and dedication, fine. In the context of every and each one of us feeling completely dehumanized, reduced to a disposable... — read more
P4 Lead Business Execution Consultant bonus?
In a salary market like Minneapolis, Phoenix, etc (i.e. not NY or CA), what is the bonus target for this role? (Yes, there are still bonus targets, they're just not communicated to everyone like they used to be.) I'm in a different job title class... — read more