I heard CSBB Change Management jobs are being moved to technology from the business and possibly roles will be eliminated or moved to India. Before agile these would be program and project managers. The communication is coming soon. Can anyone fill... — read more
CIB Markets Real Talk
What is up with the recent new hire that will by a “co-head” of the CIB business. For those that are part of CIB markets is this even a real business ? I know Charlie wants to grow CIB but it seems to be more skewed towards investment banking vs... — read more
Seeking advice on how to navigate being set up to fail
Several members of my team were laid off in early spring with several more being reassigned to new bosses/small teams. I survived the layoff but have been reassigned and am kind of in no man’s land supporting several teams while the rest of my... — read more
Locations
Can you tell me the approved core locations and specialty hubs for Shared Services?
Oh another executive hire from JPM B-team
So much for getting rid of the layers of mgmt…
Leave it to Charlie….
To send out announcements of new executives being hired, yet only include a picture of himself in the announcement. Narcissism, folks!
No job offers
A coworker who lost his job in February said he is yet to receive a single job offer. Luckily, he can afford to be out of work but what about those who don't have a wife who works or a safety net? This job market has increased my anxiety and fear of... — read more
Please leave me off!
Getting training tomorrow which I’ve done all my life, like so weird! Lowest paid employee but I’ve done this sh-t all my life. Oh wow,! we’re gonna actually do sh-t normally with project management. It makes me sick! Ha🤪
I had enough
40+ years in tech...designed large and small systems and have 7 systems patented under my designs..including here at WF. These people pushing Agile no matter what...need to be treated like crack addicts...they really have no clue...Agile is great in... — read more
Position Title Comparisons
How high up on the food chain is an Executive Director at Wells Fargo versus other places like JPMC, BOA, or Goldman?
Complaints
Has anyone heard or seen anything about the location strategy for ECR (enterprise complaints and remediation) . I know the announcement was March 21 but don’t know if any groups have been let go yet
DEI. Now with vitamin B
… for belonging
Why so many scrum master?
Serious question, why so many scrum Master in this company?
Healthcare during severance
Does healthcare insurance stop on the last day of severance or till the end of the severance month. Thanks.
Juan Gonzalez resigned
Just in Juan Gonzalez head of consumer direct has resigned. Let the ba--s start rolling. He was only one stopping mortgage from imploding
Remote in Workday
Those with medical accommodations (MAs) who are approved to work remotely traditionally have not had "Remote" listed as location (hub location addlress would still appear in Workday). My understanding is that this was done because: MA might be... — read more
Did we get a final answer on office time
Has there been any official communication on in office time required during our 3 days? What is everyone doing?
2024 cut-off date to receive bonus and matching?
Does anyone know what date you must work beyond this year, if on displacement watch, where you still receive your bonus and 401k matching?
Working over time
It’s Sunday evening and I’m working. Thanks RIF.
Wave station and rto
Does the wave station login count on rto reports? I'll swipe the badge but I don't want to bring my laptop.
Technology Leaders on Tour
As displacements cut LOBs deeper, retirements the new norm, and morale sinking why would leaders think it's a good time to mix and mingle in hub markets? Just learned leaders are touching down in PHX and MN this week.
3/5 Layoffs, let the ramping up begin
850 layed off on 3/5, so the trend is definitely headed towards peak domestic employee purges. About 500 were remote. Good luck to everyone that was impacted, and will be. It's going to be a mess for some time.
The bell curve will get you!
During annual review time, your manager, his/her peers, their manager all sit around a table to fight for salary increases for each of their team members. Exceeding Expectations is the new Meets, with many ARTIFICIALLY ranked as Inconsistently Meets... — read more
Displacement after declining relocation package
Has anyone declined relocation and received their notice of displacement? I declined back in March and haven’t received displacement. How long does it take?
From their 3/1/24 FB post
But yet we are lowly wage slaves? Such horse 🐎 cr-p.. Wells Fargo employees make a difference. The work they do every day helps our customers succeed and our communities thrive. And while we celebrate them today, we appreciate them always. From the... — read more
PIP upon Layoff
Does anyone know if being on a Performance Plan or got a Needs Improvement on the annual review disqualifies them of Severance Pay?
Barnhart - Oregon
Who all is being forced to different seating and different schedules since they laid off a bunch of managers last Tuesday? Anyone know if we’re all just going to be on the same in-office schedule now? Also anyone think it’s odd that they suddenly... — read more
May the 4th be with you…
Time to hook up the horses to the stage coach & look for a new job, layoffs continue. This is the way.
perfect employees everyone should emulate - now go to prison
Jill Laux before Wells Fargo Criminal History – As--ult, see below Jill Laux during Wells Fargo Criminal History; fighting, stealing, vandalizing company property, and embezzling with the Wells Fargo company Purchase Card (food, vacation trips, and... — read more
Changes/layoffs in Wholesale
Seems like more layoffs and changes are coming in wholesale. Having a tough time figuring out what the heck we are doing. Do others have concerns on where this is going?
WFA St Louis HQ
Why do they even have this site? No one goes into the office. It’s a ghost town.
Recommendations from coworkers
My coworkers were discussing the strategy to beat layoffs at Wells. One recommendation was to do just the minimum work without quitting. My coworkers and myself have confirmed by multiple sources May and June are the most dangerous months for our... — read more
I won’t make this time
I survived a few layoffs in the past but this time is not the same. Wish me luck.
Working or non-working notice
Have you received a working or non-working notice?
Tech Issue?
Anyone got the scoop on payment issue? Rumor has it that there were some folks let go because of Techs inability to fix problems. Any truth? What is going on?
Is my boss lying to me?
I noticed a job posting in India with my title and responsibilities. I asked my boss about this directly if this was to replace me, in which they did very briefly pause, but then explained it had nothing to do with our team, but with another group... — read more
If I got offer in my severance period, tenure will continue
If I got an offer from wells in my severance period, the tenure will continue or you will start again
Our CEO protege of this Guy
https://www.realclearpolitics.com/video/2024/05/02/viral_tiktok_what_does_jp_morgan_ceo_jamie_dimon_mean_when_he_says_the_consumer_is_doing_well_in_2024.html
May 2, 2024
Maddening https://www.desmoinesregister.com/story/money/business/2024/05/02/wells-fargo-iowa-west-des-moines-jordan-creek-layoffs-announced-ceo-gets-pay-raise/73543399007/
Severance payment?
Will someone please comment on how long it took for them to receive their first severance payment after the 60 day warn notice was over? I have received payment for unused PTO but the severance checks have not started yet. Thank you in advance.