Anyone recently laid off from Home Lending , Customer Service or Collections?
Layoff whomever pushed VDI
VDI is the worst. Someone needs to held accountable for this disaster.
Auto Finance?
Seriously. What’s the deal? We never hear anything? You all still alive and kicking, or has Charlie paid you all a visit yet?
I wish I could make sense of this
How come it's always the managers who keep making the same mistakes over and over again, often ending up in missed targets for the entire teams, and yet it's only us who get laid off? It's never them. Who's protecting them? And why, because they're... — read more
Divisional location strategy information?
Do any divisions have an online informational resource for location strategy details? In his CSBB AMAs, SVB keeps referring to the Our Workplace page on Teamworks, but it is laughably thin. The only things posted are his January announcement, a video... — read more
Reason #101 to love the Wells Life
Knowing that you are so important and valued by the company that any day now you will receive a 60 day notice and severance. —— Drink the Kool Aid.
Excuse the rant please
A colleague who contributes almost nothing has avoided being laid off twice in the last year. The astounding thing is that each time he was able to get a higher level position last minute and is now at a Director level. The guy is known to hit on... — read more
Medical accommodation used to block career
I have a serious medical issue and was approved for medical accommodation to work remotely. I don't understand why it isn't approved for the PERSON instead of the role. Have had 2 contigent internal job offers (individual contributor, independent... — read more
Info Security
Another new senior manager arrived, ex BofA, heading up App Security placed by his manager a friend, totally clueless about anything. Managing upwards without any concern for resolving real issues. Shameful!
Why are there so many managers remote when they are managing large teams?
I see so many managers that are remote or practically remote, because their entire team is located in a different city/state than them. Many of these managers are not even in hubs. Why doesn’t the location strategy apply to them? Is it just to drive... — read more
Any former employees here with experience rolling over their Cash Balance Plan to an IRA?
I'd like to put what little money is sitting in the account into an account elsewhere (not affiliated with Wells) with more investment options and earnings potential. The documentation mentions the possibility of a direct rollover, but doesn't... — read more
I can’t help but compare the disaster that has been unfolding at Boeing to where Wells Fargo is most certainly heading.
Will lives be lost due to greed and negligence in Leadership? No. But is there an impending technology, security, risk, regulatory disaster?? I would put good money on it. “New management at Boeing drove the message that cash flow and profitability... — read more
WARN notices
Is WF even reporting these? There's a ton of WF 60-day notices happening in my state and I don't see a single Wells Fargo WARN published. Is CS toying the rules again?
Compliance Town Hall
We are so excited about the transformation while we lay folks off and expand in India and Philippines LOL What a joke!
SDI
Any word on layoffs in SDI?
Next week 10% cut :- Tech
Good luck
COO
Anyone have any information for layoff for COO?
Almost out of the $h*t show
Put in my notice this week. Hallelujah!!! Feel bad for my team I'm leaving, no one else. They now get the extra work from having to work my portfolio, but no overtime. Of course they cut your external email access the next day. If I had something to... — read more
Why are companies posting jobs if they're not actively hiring?
The job market is bad enough as it is. Realizing how many job postings are just placeholders is making it so much worse. What do they get from wasting our time?
Y'all better vote
An email came out today about the Wells Fargo & Company Annual meeting and voting. Pay attention. Some of the things they want us to vote for should probably be votes against and vice versa. This matters because if people don't act, the same cr-p... — read more
That's the one
Just heard Jim Cramer swoon over Charlie, "Charlie Scharf has his team in place, that's the stock to buy!" Great reminder of who Charlie works for.
Proxy Vote
Don't forget to vote. Funny how the board is for everything they suggest but against everything the shareholders suggest. I always vote the opposite of the recommendation anyway, not that it matters.
What happened to Audit?
After the scandal, we got rid of our chief auditor. We hired a new chief auditor from Citi. Within 1 month, her coverage area at Citi received a major public consent order. No action. We kept her. I am really surprised the media didn’t jump all... — read more
SVB bye-bye?
Around the anniversary of one SVB blowing up, apparently so is another SVB???!!!
WFA
It appears that Mike C, the Regional President of the Northeast, has reached his limit with the dog and pony show WFA has become. Apparently he ha decided to retire with just one day's notice.
Metropark NJ move?
is the plan of NewBrunswick NJ location moving to metropark location still there or dropped?
I don't respect a single manager here
Is there a requirement that you have to be an a--hole to become a manager at Wells Fargo?
Consequence of quitting without giving 60 days notice
Per employee handbook, directors in commercial banking and corporate and investment banking are supposed to give 60 days notice. Has anyone in these roles quit without the required notice or know what the consequence of not giving sufficient notice... — read more
Remote and severance
Hearing remote employees even those with a medical accommodation will be required to return to office. If refuse even due to a medical condition there will be no severance True?
𝙰 𝚗𝚎𝚠 𝚕𝚊𝚠𝚜𝚞𝚒𝚝 𝚒𝚗 𝙽𝚘𝚛𝚝𝚑 𝙲𝚊𝚛𝚘𝚕𝚒𝚗𝚊 𝚊𝚌𝚌𝚞𝚜𝚎𝚜 𝚋𝚊𝚗𝚔𝚒𝚗𝚐 𝚐𝚒𝚊𝚗𝚝 𝚆𝚎𝚕𝚕𝚜 𝙵𝚊𝚛𝚐𝚘 & 𝙲𝚘. 𝚘𝚏 𝚒𝚕𝚕𝚎𝚐
A new lawsuit in North Carolina accuses banking giant Wells Fargo & Co. of illegally charging high interest rates to deployed members of the military — and trying to conceal the activity. ALSO READ: Woman successfully sues Wells Fargo after remote... — read more
Did you submit your art yet?
Was that a real email yesterday asking us to send in a picture we had drawn? And a picture of a grown man with a monster he had colored? Or am I just losing my mind at this point?
It’s been quiet for Consumer Lending…
Anyone heard anything yet in this LOB?
Accommodation
Why does HR request a doctor note for an accommodation & then not follow the doctor’s recommendation?
Internal transfer for performance rating 1
Is it feasible while not on PIP yet? Or will I be flagged during the offer stage and rescinded?
It’s Tuesday tomorrow
Are we safe? Lob technology.
Mortgage
Good bye!
WIM specialty locations
What are the “specialty enterprise locations” for WIM location strategy… does anybody know?
Florida
Has any LOB identified any of our FL locations as a hub or specialty market? We have almost 8k people in the state but it never gets mentioned as part of the location strategy. Are the non-retail employees in FL doomed?
Applying internally
Has anyone else noticed the open job postings only list 1 or 2 cities? What happened to growing in other markets per the location strategy emails? Basically if you’re not in Charlotte or Des Moines you can give up your search now.