If you didn't catch it, the phrase is really about "Riddle me this, Batman?" It has appeared in many Batman comics and TV shows from the past. So - Here's a riddle: How does a company that is "global" enforce RTO and Work Location and then put... — read more
WF related H1B fraud
https://news.bloomberglaw.com/daily-labor-report/h-1b-worker-takes-on-fraud-by-association-visa-revocations
Gas Price Impact On Our Commute
The gas prices suddenly skyrocketed due to the war in the Middle East. I say this is just the beginning. I have to drive 45 min each way to the office three times a week. I have to spend a lot of money on gas every week and causing a major financial... — read more
How bad is it in WF Audit?
Anyone in there understand the bank? Understand the business? Plenty of DEI. Very little strength today The front line and second line is solely fixing itself through regulator feedback at this point.
Half of My Team Hired Through Backdoor Channels Come from JPM Bank
It is a fact that we've split into two factions, the WF Group and the JP Group. There's little collaboration, internal politics reign, and a lack of trust. We are not far from total sc--w up! Great job Chain Shaw!
&Partners
I keep hearing about this startup investment firm founded by ex-WFA execs including Kowach. Not much info out there and its website is pretty bare-bones. I hear they give new hires ownership shares. Anyone know anyone who’s managed to get in or at... — read more
Citi's laid off staff were paid an average of $214k each
https://www.efinancialcareers.com/news/citi-s-7-000-laid-off-staff-were-paid-an-average-of-214k-each
Local media picks up on location strategy
Today's Winston-Salem Journal has an article on WF workforce reductions, mentioning that while the pace slowed in 1Q it is expected to be "just the start." This article is the first real mention I've seen re: the effect the location strategy will... — read more
Recruitment Process- Please help me understand
The job hunting process after being displaced has been brutal but nothing prepared me for the “Wells Fargo Careers: Thank you for your time and interest” but you were not selected letter I received today. I applied for the exact same position I held... — read more
External Job Openings - Many Are Getting Filled In Less Than 2 Days
Lately I have noticed that many new external job openings are getting closed in less than 2 days. For example, I get new job opening notifications every night from LinkedIn, Indeed, or other sources. I thought I would apply to a few of them after my... — read more
Internal interview
After the interview with hiring manager, application status went from interview to processing and back to interview. Any thoughts on what this means?
TW number show layoffs - headcount under CS is down 1100 peeps this week
TW numbers show layoffs - headcount under C.S. is down 1,100 peeps this week 4/212/24: 232,714 as compared to 3/26/24: 233,884.
Is there a way to connect to a mobile hot spot?
I created a hotspot with my phone, but my laptop would not let me connect
Wells Fargo profit shrinks more than 7% on lower interest income
Wells Fargo profit shrinks more than 7% on lower interest income (Reuters) -Wells Fargo's profit fell more than 7% as it earned less from customer interest payments in the first quarter, sending its shares down 3% in premarket trading. Net income... — read more
Wells is no worse than any other big corporation
All big corporations are on the expense management, offhsoring, DEI overkill, pay the execs more and workers less train Just look at the layoff homepage. It’s a Fortune 500 who’s who and all topics are the same Welcome to corporate greedy America — read more
No Layoffs today 4/12/2024
Markets will be happy with WF as they will potentially earmark additional millions for 2024 severance costs 🤫
Returning Laptop
I am about to resign. I work from home and the only piece of WF-owned equipment I have is a laptop. I wanted to ask about the return process for this equipment. Do I need to visit an office (the closest one to me is about 60 miles away, which is... — read more
1st quarter Earnings call 4/12
Predictions? Will WFC be up or down 5 % after the first quarter results.
In office time?
Looking to accept a position but unclear if there are time requirements for how long is spent in office on in office days. Are there requirements for this? Thank you in advance
WF is happily embracing the tele-imigrant for remote work
Over 80K employees in India/Phillipines. WF has been pursuing this for the last 2 years. "It was inspiring to see Karoline and her entire leadership team in India. This is the first full leadership team visit we have seen in I&P. It was a fully... — read more
Assessments during interview process
I know 3 people who've interviewed internally and they've reached final or near-final stage. Every one of them was asked to take an "assessment" that takes 1-3 hrs to complete. Is this the new trend across the board at WF? Do external candidates... — read more
WF data breach who's getting blamed
Looks like Wells Fargo came public on a data breach, wondering which department is going to get blamed... Will it be us only? What line of business? One things for sure the CEO and his board of stakeholders are still going to rake in the cash while... — read more
Is it a good idea to join wells fargo now?
I was offered a permanent job in IT today. Should I accept it or reject it ?
Preface
Preface: I'm ready for the snarky comments too. Maybe the site moderator took it down..There was a complacent post or comment on a post how happy someone is working for WF. They were putting the rest of us down for letting the execs control our... — read more
New Hire/Backfill Timeline?
With all of the layoffs/“location strategy” when do you think WF will be hiring again? Seems we are becoming responsible for more and more… will there be an end in sight or is this the new reality? Genuinely asking, bracing for snarky comments.
Mandatory “Career Development”.. but layoffs?🤔
Anyone else have a department wide career development all hands meeting? Auto Quality Assurance had one yesterday that ended up sounding like crickets. The long and short is that we’re expected to come up with career development action plans.. even... — read more
Here is an idea!
WF management, when you lay people off, would it be possible to at least have someone, anyone, anywhere in the world, be responsible for the work of those laid off? At least I can attempt to train someone on a job that I really do not know how to... — read more
Reorg
So our area (about 500 folks) had a reorg but no layoffs. However..... they created a lot of attrition on the reshuffling, causing everyone to be uncomfortable. Most of us in this area have been with Wells for 5 to 10 plus years. Is this a new... — read more
Charlie were you completely honest when you completed your application to join Wells Fargo?
Or did you omit your reason for leaving VISA?
Oh great…more required training!
https://cybernews.com/news/wells-fargo-suffers-data-breach/
India location strategy: Risk assessment
https://www.rand.org/pubs/commentary/2024/04/us-india-ties-remain-fundamentally-fragile.html
Anyone get lucky today?
Any lay offs today? Group/title/remote or no hub?
Internal Audit culture in a sentence
Write a sentence about your view of the culture of internal audit dept?
Layoffs is executed in faster pace
The layoffs process is accelerating now until June.
Pre-Recorded Video Interviews
Have you applied to other companies and done any pre-recorded video interviews? I have not done it yet, so I was curious if any of you have done it and how it went. Recruiters are saying that pre-recorded video interviews are becoming popular among... — read more
Chips upgrade
Blame for any failures belongs to Charlie for getting rid of qualified testors that were not in location approved.
Displaced and no luck
I was displaced end of last year, applied for over 30 jobs since January and no interviews, just letters stating I was not selected. How does someone with years of management experience receives “ you were not pick letters” instead of an interview?... — read more