Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Sad

https://www.the-sun.com/money/11204309/wells-fargo-branch-closure-new-haven-connecticut-customer-upset/

The Workplace Psychological Safety Act

Testimony for the Workplace Psychological Safety Act (7-minute version) https://www.youtube.com/watch?v=8xULk5VI4BY The Workplace Psychological Safety Act is moving forward in Rhode Island, which has a good chance of becoming the first state to pass... — read more 

Have there been layoffs in COO or in controls?

I frequently see WF listings within COO, as well as controls-related jobs. Have there been heavy layoffs or high turnover in these areas? Can anyone tell me what the atmosphere is like? Any insights are appreciated.

Unions at WFB?

Would that make a difference? https://www.charlotteobserver.com/news/business/article284339359.html

We made it to the front page

https://www.dailymail.co.uk/yourmoney/consumer/article-13324403/wells-fargo-fraud-victims-grandmothers-bank-denied-refund-cybercriminals.html# sad story

Wells Fargo Home Mortgage

What’s up with home mortgage they are service releasing thousands of loans every month. Reps are sitting in idle waiting on phone calls but they do mandatory overtime with 1/2 hour lunches. Doesn’t seem right. Why the mandatory overtime when reps... — read more 

by
| 880 views | | no replies yet
Post ID: @OP+1sgO2q0t

Lean and flexible

What's actually going on with Technology strategy? I'm not buying into location narrative as the primary reason for so many changes. There's heavy outsourcing not just to make-shift disposable India support staff but to third party apps and external... — read more 

RTO ki-ls mental health

In HCOL location like San Francisco the gasoline price is very high and increasing tremendously. I’m married, 2 kids, I find it hard maintaining work life balance these days. My job is hectic and toxic. My boss is bossy. The tech stack I am using is... — read more 

California Remote Workers

I heard 25% of remote workers under COO will be laid off within the next 60 days has anyone else heard that rumor?

Relocation packages?

Anyone offered relocation, was a package offered? If so, what was the amount/terms?

Technology Connection support worthless

Anyone else notice that when you call Technology the first line of support is in India. They have not once been able to solve my issue. Each time they then transfer me to an American worker who actually knows what the f*%k they're doing.

Technology RIF timeline

I’m living paycheck to paycheck in San Francisco Bay Area. Does anyone know when is the major RIF so that I can prepare for it?

Big org changes being announced for GTM and SDI

Confirmed- Shake up ahead for the groups in Strategy Digital Innovation (SDI) and Global Treasury Management (GTM). Likely to be announced this month. Anyone got the scoop on what’s happening?

Caged rats fighting amongst themselves

Good work management, enjoy your outages. Hard work here is fool’s errand. No Mas. Keep your head down and just do a good job so the drama isn’t overwhelming doesn’t work. No matter how hard we try the out come is the same. We face blockers and if we... — read more 

New RTO threat

We got news this week anyone not complying with the 3 days in-office rule, will get placed to 5 days in-office. Yall better start driving 3 days to work or they will punish all of us because of you.

Stability issues and new leader

What an absolute joke. So email comes out today from TK that the leader that just got architecture + other stuff (I think) is now going to report to TK directly to get a handle on stability issues. Gee, WCGW when you ki-l off QA, ki-l off... — read more 

Changing fast

Things are changing quickly and daily in our PL LOB. And we're being invited to all employee career development meetings how to apply for roles and how to update resumes etc. Things pretty status quo until past month and never experienced this... — read more 

Layoffs overwhelmingly affect medical/family leave?

We've had a few people in our group go on medical, maternity, or paternity leave and almost all of them were laid off before they got back, even when the rest of our group was not affected by that round of layoffs. Is this random chance or targeted... — read more 

Any WF benefits anymore for those retiring?

I've read the employee handbook and talked with 2 mgrs. From what I can tell there are none. There used to be reduced medical premiums. If that's the case, why does anyone retire from WF vs just quitting? For the off chance you'd get a cake and a... — read more 

401k: WF stock - keep or dump?

For those of you who have considerable amounts of their 401k in WF stock; what are your thoughts right now? Keep? Dump? Murphy’s law says if I reallocate, it will double, if I keep, here comes a major outage or scandal. I’m leaning towards... — read more 

Manager told next 3 months is critical

I had a one/one meeting with my manager. In the meeting, he expressed his concerns about our current project. He said we don’t have time. He requested me to work harder otherwise the team will be in trouble. I am senior engineer in HCOL. I find this... — read more 

Approved outside business activity examples

Would love to hear if anyone has actually been able to get an outside business activity pre-approved with Wells compliance. If yes, what is your business? Looking to start a side business myself but want to try to figure out what will actually get... — read more 

Layoffs today 4/24 in CTO

Entire teams told they were being laid off and their jobs will now be handed exclusively by India staff.

Start a new thread - post a news comment, question or message:

: