Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

They have taken the bridge and the second hall.

We have barred the gates but cannot hold them for long. The ground shakes, drums... drums in the deep. We cannot get out. A shadow lurks in the dark. We can not get out... they are coming.

OMG I’m sacred

There’s been chatters layoffs is tomorrow. I’m helpless. It’s just me? Are you guys scared?

Production Hard Freezes - Heightened Awareness

For several weeks there have been periods called Heightened Awareness or Hard Freezes. Sounds like something broke with our technology that impacted customers. Anyone know what broke to cause these freezes on releasing new stuff?

ITAT Manila

Just got word that Manila is getting a team of ITAT. 30 total people. Soooo slash 30 American jobs from the US?

Too many lawsuits

Do we even know how many lawsuits are currently active against Wells Fargo? I feel as if I'm learning about a new one on a daily basis. And in the majority of cases, we're settling. I guess a good part of layoffs could be prevented if we didn't give... — read more 

Personal email in Workday

Got an email this morning to update Workday with my personal email.. should I take it as a sign? My boss has either cancelled or hasn’t come to our biweekly 1:1s since my year end review in the beginning of the year. He hasn’t responded to my emails... — read more 

In the not so distant future...

With the way things are going, WF will have far more employees based in India and the Philippines than here in the US... when (not if) that happens and they have the majority, it wouldn't surprise me at all to see a shift in the location strategy and... — read more 

Share owner online account

A few years back we were given some shares of Wells Fargo stock in an account with shareowner online. I’m thinking about cashing it in this week. Will I get a 1099 for it and will it be for the full amount? I’m pretty sure I will but just wanted to... — read more 

Heightened Awareness

Again with this sh-t? Maybe they should put a freeze on gutting technology until they figure out what they are doing.

Questions while in the 60 day working notice

If you are laid off and get a 60 day non working notice, I understand you keep most benefits: Can you still use hra dollars (given with the copay plan) during those 60 days? Do you still accrue service time- if you are 2 weeks away from... — read more 

“Heart-y Surprise”

The heart-y surprise that was due to us by the end of March…was that the use of employees’ (fka team members) art work in e-cards? Also, does anyone know when S.P.’s townhall with the “big announcement” from March, 2023 will be rescheduled? Thanks! — read more 

Downsizing with options

Offering realistic packages to employees . . .1 year salary + 6 months of health care. https://www.cbsnews.com/pittsburgh/news/penn-state-university-asking-for-employees-to-voluntarily-resign/

Technology cut

My silly fellows, Technology cut is set for 28% reduction. US displaced personnel will be replaced by Indian personnel in phases through the rest of 2024. Everything has been planned out that being said the name list have been finalized. If you... — read more 

Fed, Congress, stay on top of controls

A little birdie told me that certain controls powered by certain apps are being abandoned now that there's less regulatory scrutiny. Seems like the powers that be inside the bank don't actually care, have learned nothing, and customers are going to... — read more 

Workforce Share Program

Workforce share is not available for employees who have already received a displacement package....so how do "they" identify people to participate in the program?

Tech is such a cluster f**k

Practially everyday I run into more and more things that highlight just how f**ked up tech has become. I'm amazed that we haven't had way more outages or security issues. Apart from the typical bureaucracy that has existed for years, there's... — read more 

Job going to India

I start the KT training next week. If you are in Technology, be prepared, there are very few positions left in US and the ones left are moving to India slowly. This on top of the location strategy. I didn't post this to complain or cry, I just... — read more 

GTM location strategy - official announcement

Looks like it’s official. Mass Email distribution today outlines that GTM will be dropping the axe in non-hub markets. Apparently some limited staffing will be maintained in a few other smaller non-core areas, but no hiring. Shocker, the American... — read more 

The Writing is On The Wall

Please stop complaining. What I mean by this is: focus more on the escape route and less on the negative feelings associated with the current circumstances. You know, survive. To those left, get your severance. To those who are still here, find... — read more 

Severance Pay Stub

How does a Severance pay stub, issued by this company, look like? I’m asking in case I’ll need to provide proof of income and an issue might arise if it’ll indicate that I’ve been laid off.

The thing that gets me

Remember when layoffs were really for low performers? When good employees didn't have to worry about it? Now it's completely different. One day you're praised by your bosses for your loyalty and dedication, and the next day your name is on the... — read more 

CS leadership jumping ship

CS senior leadership has been jumping ship in the masses lately, is something coming that others do not know?

Personal phones being required to perform job

One of my co-workers recently had their RSA token expire and had to go through the process of renewing it. When they did they were denied a hard token renewal instead the form informed them that moving forward all Bank personnel are to use their... — read more 

Remote people take note

I’m still shocked when I read questions on this board that are basically, “I’m remote, should I be concerned? I mean they would never get rid of me…” How much clearer does Wells need to make it. There is a location strategy and if you are not in one... — read more 

My manager threatened me

My manager said I will be given bad review mid year. He said I never listened to what he said. What should I do?

DEI Layoffs

Anyone feel there’s any layoffs coming for this group? It seems like a fairly small group (I think about 90 people last time I checked) but it definitely seems to be a net loss to the bank in terms of trying to run a for profit business, which I... — read more 

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