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
How can they expect us to be productive?
We're constantly in fear of being laid off. Every single week, if not every single day. And we're supposed to hold our heads up and be productive amid all of that? How?
Financial Crimes hit
Financial crimes employees not in a Core location were told today move to a Core location or you will be laid off. No timeline given. Employees in some of the secondary locations listed in DF email yesterday were included in the pending layoff.
Wells Fargo Workers are Unionizing Across the Country
There are many of us Wells Fargo Workers currently unionizing with the Communication Workers of America (CWA). I am a remote employee who’s job is going to India. We have 6 branches unionized in the last 2 months with 4 more holding their elections... — read more
Enterprise complaints and remediation
Today’s the day MA will announce ECR location strategy. How many heads will be chopped in the coming months?
Will it continue today?
What are the chances of more cuts today? I'd like to think it's over for this week, but something tells me that's just wishful thinking.
WTF
When posting here would it be possible for folks who comment they were laid off to provide specifics as to what team and their role?? Does anyone have any insight, any whatsoever, about folks who serve in client facing roles like relationship... — read more
Return to office - HUB locations
The reasons many businesses want RTO is the localities give the company HUGE tax breaks to have business in their city/state. If they don’t create jobs, etc for their local people those tax breaks can be clawed back. How much of a tax break is WF... — read more
When will this end
My boss has been coming into the office, but not enough. We are on a four-days-in-office week. My boss probably works two full in-office days in those four days. My boss has made it very clear to us that we are to badge in four straight days and... — read more
Veterans
They do nothing to retain veterans ! They advertise everywhere they do but I am a veteran and got laid off. The person in the VA department said they don’t do anything like that! Like what? Keep veterans employed? Exactly!
Most anticipated audit townhall
Tomorrow has to be the most anticipated Audit town hall meeting in some time. The Denver office closure is probably the worst kept secret at this point along with the influx of I&P employees in our “third line of defense”
Risk Location Strategy
DF just released the locations for risk Core: Charlotte, Dallas, Des Moines, Minneapolis, Phoenix, St. Louis Specifically: Boston, Chicago, NYC, Phl/Wilmington, SF Bay, DC
When is the MAY DAY , MAY DAY?
Any one know which day of May is the MAY DAY? The first wave?
Timeline to get rid of performance rating 1's
Does anyone have a timeline? Is severance offered or is it straight termination?
No substantial layoffs as expected
This site is full of liars and fearmongerers. It’s after 1pm and nearly NOTHING (sorry, Boise). Stop with all the lies and scaring people!! Everything is fine
Displacements in Boise
I don’t have an exact count but the Business Banking Group Collateral Monitoring team got displaced today. I think there were a few other BBG team members also let go.
401k once severed from Wells
I’m pretty certain my days are numbered here due to location strategy. I’m curious as to what others have done with their 401k accounts. Did you just leave it with empower? Is there a better way to manage it? I’m close to retirement anyway and I... — read more
Reason #666 to Love the Well Life
Job insecurity Harassment and coercion at work Being forced to drive past wells fargo office buildings to get to your assigned office. Be forced pravda all day. Being told the Soviet style work camp in NC and TX are the place to be . Even when your... — read more
Listen Up
Most of the comments here are rubbish rumors. People enjoy making up dates. If you separate from these lies you will soon forget. Coming back to read this rubbish is shocking and almost a joke. Please don’t let the rubbish on this site to impact your... — read more
Tuesday 3/19 Displacement Day Discussion Board
Who was let go today? Group/Location/Title
Totally transparent
I will be totally transparent in my 28 years. This is the most aggressive changes I’ve ever seen. Get a new job if you don’t have a year severance!
Will AI replace software engineering jobs?
https://daily.dev/blog/what-is-devin-the-ai-software-engineer-everyone-is-talking-about
Customer svc
Hello everybody today I called HR to complain about the vending machine being out of skittles and some woman from India put me on hold and made me listen to Kenny G. How you going to put this on hold?
Welcome to the Circus
Just remember all of you folks being laid off due to "location strategy" and or being required to relocate, that your high N mighty CEO took a $20+ million a year job and wouldn't relocate for it, and the Board didn't make him. Munger and Buffet at... — read more
Tuesday 3/19/24
I can hardly wait for tomorrow. Sadly, I don’t believe it will be my group yet but perhaps in the following quarter. Either way, it’s getting exciting because we are getting closer to our release into the wild!
50 wallflowers under Derek Flowers
They grow in dark and mouldy places under Derek. Thousands of our colleagues live to meet their nonsensical policies. Most of them have never worked in the business and have no idea of how the practical world functions. They have built processes that... — read more
Where is our heart-y surprise?
I was promised a heart-y surprise for employee appreciation month. Still waiting for it and feeling less appreciated by the day.
Promoted employees list
If you are not in the list , does it mean you are destined to be laidoff?
Wells Fargo class action: Bank enrolls customers in unwanted insurance, financial products
Who: Plaintiff Winfred Thomas filed a class action lawsuit against Wells Fargo & Company and Wells Fargo Bank NA. Why: Wells Fargo has allegedly enrolled customers in unwanted insurance and financial products without their consent since at least... — read more
Mortgage?
Is Mortgage done with layoffs? Anyone know what the LO comp plan changes look like?
It all seems so wrong
The dismantling of so much to support yet another light in NYC's skyline https://newyorkyimby.com/2024/03/wells-fargo-begins-retail-to-office-conversion-of-20-hudson-yards-in-hudson-yards-manhattan.html
Happy Monday
Have a great week my friends.
Which LOBs or groups still haven’t communicated their location strategy?
The timing between groups is ridiculous
Wells Fargo only cares about the bottom line
I have been with Wells for over 25 years and this entire relocation strategy is just a smoke screen to justify getting rid of a lot of employees without having to pay a severance. If you are slated to either relocate or have to now spend 2-4 hours on... — read more
Enough with fearmongering
Since when did it become expected to have layoffs every Tuesday? Yes, we've been having more cuts than usual but I honestly think that people who keep saying to expect layoffs EVERY Tuesday are exaggerating. I don't know what some people get in their... — read more
Not going to make it
haven’t got over last week’s bruising. now get ready for another week of fight, to survive, don't think I’m gonna hold. Just wanna do an honest job, learn good things, share what I know, earn respect of ones i work with who are worthy of respect... — read more
When is the SEC gonna go after Shart and company for insider trading?
We've all seen the stock ticking up...we know that means a major announcement for the end of 1Q is coming. Likely record layoffs next week. Then shart can report an uptick to the bottom line and a big reduction in costs. His cronies are already... — read more
Why You're Getting a 60 Day Heads Up - WARN ACT
https://www.forbes.com/advisor/personal-finance/what-is-the-warn-act/ What You Need To Know if Your Employer Violates the WARN Act If you’re laid off and didn’t get proper WARN Act notice, you may be entitled to compensation of 60 days at your... — read more