The layoffs process is accelerating now until June.

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 

Blame for any failures belongs to Charlie for getting rid of qualified testors that were not in location approved.

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 

I speak for most Millennials and Gen Z…the traditional 8 hour working day of the ghost of career past is gone. would you please take some managerial training classes on managing a different generation in DU. This forced conformity will not work in... — read more 

Starting to see a few formerly remote (in hub) folks assigned to their respective offices. So have all those affected been given RTO mandates by now? Any idea when the wave 1 relo announcements will hit the non core folks?

Today I’ve checked my DU page and sure enough 3 new classes showed up that are due in May. Then I’ve scrolled farther down and saw bunch of DIE classes assigned without due date. What the >€££I-ing sh-t is that???? Before anyone starts pointing... — read more 

If you are offered the opportunity to relocate, say YES. You will have 1 YEAR to relocate. During this time, look for another remote job. When you find the new remote job, work both that job and your WF job. When the 1 year is up for your relo... — read more 

Look, we all know the company is bloated with redundancies from many past mergers, and would benefit from a moderate downsizing of some positions. But instead of rolling up their sleeves and doing the hard work of identifying where to make needed... — read more 

lookup 'surfingcorporate' on IG. good for some relatable laughs.

With the burnout of taking on more work without backfills, location strategy which would require employees to move their whole family to a random state, and RTO for people who have been working from home for years (only to return to locations with no... — read more 

Labor is short across all markets and hiring is hard and any role posted always managers find it hard to fill from core hub. Location strategy will force attritions and reduce headcount drastically..it makes sense to use this for lines of businesses... — read more 

The best thing that could happen to a Wells Fargo employee is no longer being promoted or getting a significant raise and a sizable bonus. No, the best thing that could happen to any of us is to find a new job and quit. That's the only bright future... — read more 

I read this elsewhere and wanted to know if it's true: "[I]f your severance is at least 60 days then it is considered to be in lieu of WARN. WARN isn't really meant to give you supplemental severance it's just to prevent companies from letting you... — read more 

For those of you that worked from home either hybrid or permanent and were laid off, what items did they make you return apart from your computer/laptop? What did that process look like?

Is Texas the only state with two core locations? Curious to know why there are two locations in Texas and when I asked my manager about it they said they did not know. I know they are building a large campus in Las Colinas and it seems strange they... — read more 

https://www.nbcnews.com/business/economy/immigrants-are-helping-us-job-market-grow-without-affecting-inflation-rcna146570

#FRTO

Does anyone know when people at the West end Center (WEC) in Winston Salem will be affected by location strategy-which wave?

I haven't heard or seen much from unionized branch updates but I was completely surprised to learn that there are now 8 unionized branches with several more in the pipeline with votes. It would be a nice gift to see the WF unionized branch count... — read more 

Are there exceptions to the within 40 miles of a hub location?

https://franknez.com/wells-fargo-now-announces-massive-layoffs-for-2024/

Everything is stacked against you. The coworkers throw each other under the bus all the time. Please go & work at another company if considering coming here.

Numbers are in, 500 people termed on that Tuesday. Also, we're starting to see more layoffs on non-Tuesdays. Not huge numbers, 40, 50 at a time, stuff like that, but if you've been following the data it's outside the norm compared to last year when... — read more 

My boss has been saying as far as they know we’re safe for now and that we’re important enough to not be affected. Anyone told the same but still impacted?

I’ve heard that everyone affected by wave 1 has been notified in Technology. The real notification/displacement will happen in May. What about wave 2? Do managers know who will be in wave 2 yet?

Does anyone know or heard anything about lay offs with these remote workers? Work is slow and there has been no conversations about lay offs. Everyone has tight lips. We all know management had to know something. Just stringing us along waiting... — read more 

https://www.nytimes.com/live/2024/04/05/business/jobs-report-march-economy https://www.huffpost.com/entry/us-employers-added-robust-303000-jobs-in-march-in-sign-of-economic-strength_n_660ff443e4b083254eabe0d4

Can anyone share if the WIM operation group does hybrid in office/remote?

There's one thing that hasn't changed with all the layoffs, shuffling of deck chairs and new people. Execs still make d-mb a$$ decisions based on perception and politics. You want to sell the company on some garbage product? Get in good with... — read more 

For those of us waiting for the Golden Package. What are the actual odds that we will get it? A billion dollars for severance. At approx 100K per head, that would be about 10K jobs. If there are approx 230K employees at the bank then that... — read more 

To folks who were laid off 2-3 times throughout their tenure but continued to apply internally, move to a hub and stay with WF, why do you want to stay here?

It's like people who are in these meetings are trying to justify their existence and are intentionally dragging out things that should and could be dealt with immediately. I don't have time for this cr-p. I have actual work to do. It's sad that I... — read more 

What is the difference between SVP vs ED?

TK takes think time, which doesn’t seem to help her. Meanwhile she keeps thinking how many more folks in Tech she can push out the door. She is no better than rank and file and is not a real Technology Leader, not even a CIO . They are keeping that... — read more 

I received a low rating this year and with made up feedback. I havn't received notice yet, but the writing is on the wall. Once you have that meeting, how long do you have, or is it immediate?

They are apparently worried about layoffs. In meetings, they are aggressive.

He thinks he is operating within acceptable boundaries and norms but it makes me really uncomfortable. Maybe this is the old Wells management culture for those that have been around for decades but I feel threatened and scared to speak up. I tried... — read more 

I am interested in how much he took home in total. It's probably complicated to calculate due to all streams of windfall he has here but I wanted to see if we had someone on this board who can break numbers for us? #charlie

So this is going to be an ongoing thing now in my group- we were provided a develop you course ID on transparency and instructed to review “women’s history month and national arab american heritage month” from the DE&I spotlight sharepoint page to... — read more