US Patent 10,719,799 JPMC's patent for its Orwellian employee monitoring apparatus. https://ppubs.uspto.gov/dirsearch-public/print/downloadPdf/10719799 Coming to a Wells Fargo Hub near you!
Seems everyone is doing it
https://www.reuters.com/business/finance/jpmorgan-grow-india-headcount-by-5-7-next-few-years-senior-exec-says-2024-05-30/
Why layoffs are being driven by HR
Middle management isnt objective. They can be biased by personalities and team dynamics. Just like JP Morgan who they aspire to be, WF upper management is creating an all powerful employee surveillance state. Decisions will be made on data and not on... — read more
Employee Depreciation Week
That's what it should be called because thats what US employees are to them. Depreciating assets they want to get rid of and substitute with other human assets that will give them a better return. Other "assets" they can accumulate them on the cheap. — read more
TFG fluffers very quiet today
No, this doesn't have to do with layoffs. It has to do with countless colleagues we sit among who lack a moral compass.
CIB Townhall with the new Head/co-head
Did anyone attend the townhall yesterday ? The new x JPM co-head kept talking about how CIB has a lot of potential but did not mention any concrete plans on how they plan to grow the business. More importantly, the entire talk was on growing... — read more
It was bound to happen...
https://finance.yahoo.com/news/wells-fargo-wfc-stock-falls-214514601.html
How I Know Wells Fargo DOESN’T Care..
North Texas employee here out of Irving. We had some horrible storms the other day (Dallas was declared a disaster area) with over half a million people without power as a result. Normally I would expect the company and direct management to reach out... — read more
PTO pre layoff
So I tried scheduling some PTO in workday for December, my manager had to approve it. He said that has never happened before, and that was weird. Has anyone experience this??
Feedback requests in Workday
What do you think?
Would you take a role at PNC?
Considering a role at the PNC where the base pays is same ( no pay increase). This role is in Corporate. Given there is no pay and not sure about how the bonuses and PNC looks like I was wondering if anyone has worked at both wells and PNC Bank and... — read more
Any changes in marketing and finance?
Just curious if anyone is aware in any brilliant HR initiatives hitting them?
True Story of the Wolves
Yea, the McKinsey ones! https://x.com/adamparkhomenko/status/1732418526437105873?s=46
AI taking over Branches
We are being, paid to loose our jobs. Wake up people. That's why they don't want us to become a union.
When do they start implementing 40 mile distance layoff ?
I have been commuting 42 miles one way to charlotte hub. Does that mean I will be laid off soon ?
5-day a week media psyop has begun...
https://thehill.com/changing-america/respect/equality/4688785-high-paying-remote-work-jobs-fading-fast-study/
the silver lining in these layoffs
the silver lining is we get to see middle management bleed. these do-nothings who don't do actual work live in fear just like the rest of us peasants. chainsaw charlie doesn't give an F about those kulaks. The Great Layoff Forward and DEI Cultural... — read more
May 28th layoff report
Please post the LOB, approximately how many were affected and types of roles, and if core hybrid or not. Please no other postings about rumors etc , just what you know to have happened today.
Lists already made
Received notice that my voluntary move to a specialty location was denied. I was outside the 40 mile commute. Before all those locations were revealed many months ago, they got lists together of whom would be within 40 miles. Those were told to... — read more
June 25th Bloodbath
Spoke to someone in the know who said June 25th is going to be a massacre. Even senior management will be clipped. Charlie is sharpening his Ginsu
Part time job during 60 day working notice
if you get laid off and currently have a 2nd part-time job, can you keep that or does that violate the working agreement?
Confirming contact info?
Received a task to confirm contact info. Is this a bad sign? Anyone else receive this?
Regulators take note. Horrible risk perpetrated on WF customers
WF is increasing use of 3rd party vendors offshore for products, tools, and support at high velocity increasing risk and security issues. Hard to believe regulators are silent , not to mention WF leaders approving these moves, and the press and... — read more
Data and Analytics postings are overwhelming in India
Just searching on Workday: India- 94 U.S.- 13 Philippines- 6
Which cloud certification is the best for our career?
I was laid off recently and looking for a career with a different company. I currently do not have any cloud certification, but planning on getting one. Among AWS, Azure, GCP, which cloud certification will be the best to land a new job?
Tuesday 5/28 Layoff Discussion Board
It’s that time again, who is the lucky winner?
No publicity is bad publicity, right?
Wells Fargo Freezes 92 Year-Old Man’s Bank Account Without Notice, Triggering Eight Month Battle To Withdraw His Money:... — read more
Our Hall Monitors
So in addition to FINRA rule, does that also mean there isn't going to be a need for our hall monitors?? I am sure those still at WF got the email about having people watch everyone swipe in and out of our buildings?? Making sure we all put in our... — read more
BEFORE EVERYONE FREAKS OUT ABOUT THE FINRA RULE (RTO/5D)
In Home Office Inspections wouldn't affect most of you. (link below) "FINRA Rule 3110(c) requires that home offices or non-branch offices where an associated person engages in specified supervisory activities are treated as offices of supervisory... — read more
Resume service provided for those displaced
Question to anyone who has been displaced - How was the resume service provided by WF? Should I wait until I'm displaced to use that service or hire someone to work on my resume sooner than later in case the services are poor/lacking quality? Thank... — read more
Any buildings closing in hub locations
Are they consolidating building in core hub.? Any pointers.?
Visual from the front-lines of risk at WF
We are playing with fire. Constant chaos. Constant lies. Tons of in-fighting. Most people keep their mouth shut because WF pays higher than competitors. How does this story end? It’s 2024. It will likely end with someone getting video? ... — read more
5 days work from office rule coming soon
Work from home regulations for banks are changing, and some of the industry’s biggest players would rather bring employees in five days a week than make the effort to comply—including making regular inspections of workers’ homes. During the... — read more
My team in India has been sent for training, while the team in the US has been given notice for termination.
All my US team of Citizens working for over 5 years are given termination notices saying we are moving this entire project to India and India team has been sent for training to learn from basics of coding. Total unethical, senseless and no logic or... — read more
Aren’t you happy when I don’t hit you? Wells life#13
Young people, please think twice about giving this company too many years. I wish I had taken that advice.
Case study - offshore control
https://www.cnn.com/2024/05/25/business/red-lobster-bankruptcy-thai-union/index.html See if this sounds familiar
Wells Fargo offers $24K to family to move out of foreclosed home. They declined.
https://www.masslive.com/westernmass/2024/05/wells-fargo-offers-24k-to-family-to-move-out-of-foreclosed-home-will-they-take-it.html
Sue Wellsfargo
Can we sue Wellsfargo for unsafe workplace?
You can do something else just train your mind to be the best in anything other than baking!
Facing a layoff can be challenging, but it can also be an opportunity to explore new paths. Here are some creative ideas to consider: Freelancing or Consulting: Leverage your skills to offer freelance or consulting services in your field. Platforms... — read more