I have been given a NI rating. What are the chances of being terminated without severance before PIP for performance.?
Does anybody else feel sick to their stomach every Monday morning?
I hate my job so much, but I've had no luck finding something else. I'm stuck.
EEOC complaints
What usually happens after you file one? Does anyone have experience doing this?
1/24 Layoff
Looks like 400 people got downsized. Their notification period is now over, and severance has begun. Best of luck to all that were impacted!
Proxy Shareholder vote by April
The only way to send a message to the board imo is to vote against all of the 12.board members. It might not make much difference since the employees don’t hold more then 1 percent of the total voting stuck, but at least it will send a message. — read more
DMI?
I think I'm on the hub location list for my current line of business. Just a matter of time. A contact has told me that there may be an upcoming opening in Data Mgmt and Insights that could work. Not sure if it would be mid to high staff or mid level... — read more
Before anybody asks
Yes, there will be layoffs next week.
California Collection Home Mortgage
Has anyone heard of any Lay Offs with Home Mortgage. There has been 1000’s of service released loans. Just wondering when the lay offs are going to begin? No one is talking and the California Collect Team are all remote.
Instructions for internal vs external hires?
Is anyone else getting guidance from their managers, or HR, to prioritize external candidates that have not worked for wells in the past?
Where is everyone applying?
Are you exiting the banking industry going back to school or retiring etc.? I’m hoping the job market is a bit better in 2025 but have started looking.
Please be careful what you post on Glassdoor!
https://arstechnica.com/tech-policy/2024/03/glassdoor-adding-users-real-names-job-info-to-profiles-without-consent/
Where is the plan Chuckie?
You allocated $1B to severe employees based on a location strategy that has been in the works for months if not years. How hard is it to spell out to the lowly worker bees by LOB exactly what you have in mind? While you may save a bit in severance... — read more
Medical coverage once laid off
For those not yet at Medicare are, and don’t have a spouse where you can ride their plan. How much are you paying for individual medical care in your laid off post wf life? Any tips ?
What's up with the voting buttons not working?
No ability to vote nor see up and down votes. I just see the animated thing forever.
Post Severance Not So Good Either
Completed my 10 month severance period some months ago. I came back here (nothings changed) to give a warning to the legacy Wachovia people who get displaced. Change the checking account you are getting your pay sent to and close it during the... — read more
Don't be angry with Charlie; be angry with the board!
Well, don't be angry with JUST Charlie. Remember, the board members were the ones who hired him, and they all knew EXACTLY what they were signing us all up for.
Wells Fargo Overcharged Military Members, Suit Says
Wells Fargo was hit with a potential class action Wednesday alleging that the bank violated federal law and broke a program's promises by overcharging active duty military members in fees and interest while trying to hide the... — read more
Good Luck Everyone.
This site is such a joke. There is nothing factual here just a bunch of people with too much time on their hands. We all know what the future will bring and there’s nothing That’s going to change it. Just be happy and move on with your life. Just... — read more
M6 Salary
First time seeing a salary posted for an M6 (Chief Comms Officer). Talk about a nice range: $276,400-$645,000 Some of the bullets for the role are priceless (Seriously? You need to call these out for a professional C-suite exec role?): Has an... — read more
Location strategy for Control
Anyone has any idea around the location strategy for CSBB Control? We were already told that Sal’s plans don’t apply to us.
Internal application etiquette
Hello. Was wondering if anyone has ever reached out to the recruiter for internal postings to follow up. I posted for a position about 3 weeks ago with no update and I’m not sure if following up is out of bounds so to speak. Thanks in advance — read more
Recently laid off
I was told I'd be given 60 days to find another job and if I failed to do so at the end of the 60 days and then severance would kick in. I'm in the 2nd week of my 60 days, if I found a job next week, does that mean I wouldn't end up getting a... — read more
Recognition Award Points
I still have 52,000 Award points left. I wonder if I can use the points for food stamps when I am displaced?
FRESH OFF THE PRESS
So while many thought this week would be the big reveal of who is staying and who is going this is what I learned. Note I work in two HUB cities so this information has been gather by both SF and NC insights. ) Big push is coming April. One... — read more
WARN Notification For Iowa 03/19/2024
The WARN notification just dropped from the 03/19/2024 layoff in Iowa. 13 team members laid off from the Jordan Creek campus in West Des Moines. Sorry for those team members if this is not what you were hoping for.
if I get a chance to go back as a contractor after being laid off, will severance benefits get cut?
this is a hypothetical question, but it is good the answer to know if the opportunity arises
Paid Sick Time (for those states this applies to)
has anyone noticed that the your paid sick time is now zero vs. your previous accrued time. Last week I had 40 hours and now it's showing 0 hours available.
Tech Location Strategy - "Strategy" for some of you...
Folks, if you are offered the opportunity to relocate. ACCEPT IT. You are given ONE YEAR to move. Use this year to find another job. When you find the other - hopefully remote - job, take it and work both jobs at the same time. When your year is up... — read more
ECR Locations
Complaints and Remediation: Core: CLT Dallas DSM Minneapolis NY PHX STL Salt Lake San Antonio Specialty: Philly/DE Raleigh Roanoke SF Deferred/non core: Sioux Falls
June - the next great wave of LO in CapMkt
So Tuesday was dismall. I heard from three different sources that June is when CapMkts tech will be affected with another big wave. Any truth?
It is like being on the Titanic
Going to work everyday at Wells now feels like being on the Titanic life boats, while everyone else around is on the water drowning. You might be safe now, but might not survive. 😫
Auto Finance? What’s the deal?
Still profitable enough? Zero growth industry. Why aren’t we exiting?
Just another Consulting firm run by McKinsey
Some Someone (PS), an Exec Leader of Strategy gave a career progression speech in front of 415 employees advising the attendee who asked “I lost my entire leadership team due to the displacements with whom I had built relations for decades, how do I... — read more
Do we still have a mortgage business?
There was a big push a year or so ago to hire appraiser's and trainees to get certified. Are there any left? Do we have any review appraiser's left? With interest rates remaining unchanged and mortgage applications in the gutter, do these people... — read more
Relocation year
Who else plans to use their relocation year to quiet quit and search for a new job?
Missed Sauls AMA
Did Saul state a specific timeframe for layoffs.¿
Hint hint hint
One of the most annoying things about working at WF is the constant effort to figure things out by observation. Put clues together, notice patterns and try to stay on top of things. In the past there would at least be anchors, something you could... — read more
Later Wells…poke the bear enough and ultimately this high achiever looked elsewhere and found a ki-ler gig for more money and less BS
Wouldn’t have even looked if they hadn’t taken away many of our non-monetary benefits (WFH 2-3 days a week, snacks, offsites, catered lunches, happy hours) and lowered our target bonus. When I looked I was surprised to find out how under... — read more
Tech Location Strategy QA session
Lets get the ball rolling? What could we possibly learn of ?
AMA it p.v
2025 calls for all products to determine AI capabilities- but when asked if ai poc infrastructure was in place - he skirted the question and started talking about gcp. Let’s line up the joker from Batman as next ama’s speaker