Which division /position/tenure ?
Buildings sold, they don’t want you to know.
Of course they don’t want us to know they sold the building, because then it confirms the layoffs coming. Can they really fit everyone in the “new” Market street location? If you’re in the Bay Area, get out now before it’s too late. WFH won’t be... — read more
Are we safe this week?
Are weee???
Disabled Wells Fargo worker says he was fired after needing to work from home
https://www.charlotteobserver.com/news/business/article287587440.html Executives refused to be open and honest about trying to force attrition, and properly equip middle managers to deal with the ridiculous implementation of their return to office... — read more
ECR layoffs
When will ECR location strategy layoffs supposed to start?
Severance pay schedule
Anyone get laid off 2/6? I got my pto payout on 4/5 plus a regular paycheck. I thought we were to maintain the regular cycle, i got paid early with no notification. So, i expected to be paid on 4/12. I wasn't. my next payday is 4/26 confirmed.
Sioux falls sd
I'm curious if anything (layoffs) will happen tomorrow in sioux falls.
Another 100 are leaving us this week
Technology
You should leave
Getting out of Wells Fargo was the best move I ever made. That place was horrible, from top to bottom. It always amazed me how little they cared about employees or even anything resembling competence. I can't even remember how many times I had to fly... — read more
I do not have time to write this (DEAR EXECUTIVES)
I do not have time to be on this site writing rubbish but it needs to be said. This is not age discrimination. This is a comment about personal accountability. I suspect this is an industry wide issue at this time BUT I can only speak for Wells... — read more
Tenure
The employee handbook states if one is employed 26 plus years, the severance is 52 weeks pay. Is there a possibility WF would not offer a tenured employee severance stated in the handbook?! (Other than they suddenly "find" a reason from the higher... — read more
Meeting with +1 manager in a couple weeks. Is this where I get let go?
It appears from the looks a one on one and will be casual. Is this just a disguise?
Is my compensation good?
I make 215k as a Lead Engineer. Is this good?
Cyber Security LOB No American jobs
Cyber Security's LOB is led by India senior leaders and all jobs seem to be populated only in India now for this line of business. I had some coworkers apply within the company and they were denied and those positions were filled by India reps... — read more
Why are they still hiring in St.Louis ?
If the plan is to make dallas as a core hub, why are they still hiring new employees in st.louis ?
Even the boss is worried! Hundreds of chief executives fear AI could steal their jobs too
Business leaders admit secretly using tools such as ChatGPT to carry out jobs. Survey of 600 global CEOs finds nearly half believe they are in danger too. Incompetent Charlie can be replaced by... — read more
Hundreds of chief executives fear AI could steal their jobs
Business leaders admit secretly using tools such as ChatGPT to carry out jobs. Incompetent Charlie can be / should be replaced by... — read more
I just watched a documentary on Hillsong
So many exposés about corrupt leaders remind me of Wells Fargo. Whether it be Hillsong, Enron, any American Greed episode, WeWork, Lehman, the old Wells Fargo, the new Wells Fargo….. They all involve narcissistic power-hungry leaders who... — read more
Tuesday 3 Days Away
Well Tuesday is just a few days away. Who will get chopped…….
Any professional opinions on this?
https://wset.com/news/local/1100-jobs-coming-to-wells-fargo-expansion-in-roanoke-county-governor-glenn-youngkin-virginia-september-2023
Riddle me this, Wellsman!?
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.