Our manager has a dual reporting relationship across two completely separate LOBs. Do us peasants have the privilege of claiming dual reporting as well or is it just reserved for the direct manager? Asking because each LOB has a different location... — read more 

I was looking at US bank but salaries were too low. Citi just seems like a sh-t show right now. Where is everyone applying?

Unless you live in a completely dead job market it’s really not worth it. I have a coworker who was asked to relocate to a hub in 2022 when he took the job, but now ‘efficiency’ cuts are hitting everyone. It’s not worth it uprooting your life only to... — read more 

Wells Fargo facing new backlash over alleged fraudulent accounts https://m.youtube.com/watch?v=7rwyNucSuWg&pp=ygUWd2VsbHMgZmFyZ28gMjAyNCBmcmF1ZA%3D%3D

All communications about Location strategy from upper management have been geared towards preparing employees for how they'd be impacted. Communications have been quite tasteful and considerate. Unfortunately, many people on this site are too... — read more 

Oh Boy. Here we go again….

Was offered a contract position at another big bank, but I am trying to figure out how Wells would find out. I am not planning to update my LinkedIn or talk to anyone else on my former team about what my plan is. I have about 45 days left for my... — read more 

Yay another meeting where we will learn nothing...

Had a call with my manager who was reading from some document or email telling me that my remote role is impacted by the location strategy. Manager could not answer any questions about timeframe and I was told that "something" could happen in a... — read more 

Aggressive location strategies followed by backfilling with Indian and Philippine team members? That’s Sharts big brain plan? We finally start getting out of regulatory scrutiny and the guy plans on upending the families who did the leg work? And... — read more 

Got our initial contact from management last week for impact of Location Strategy. Three Options: Relocate to new location (MN, IA, or NC) Commute to 1 of the above locations at your own cost 3 days/week Accept Severance Package. Happy... — read more 

Anyone know if they happening? No new hiring in a long time. Central teams are being shrunk. What will happen in Tech Controls????

Seems the admins of this site are obv biased against conservatives. Who else would remove a post that was in any way pro-conservative? It is an interesting article that shows how WF is also biased against conservatives and is actively discriminating... — read more 

I don’t know why I am even anxious about layoffs. It’s not as if any of us are going to have a career here. If I am not laid off next week or next month, it will happen in the near future anyway. The workforce became just a resource to throw around... — read more 

Basel III Endgame. Sounds like a video game. It's a real life game where the Feds want to destroy the American dream. If this rolls out July, 2025, I read international businesses will have access to small business loans that American Small... — read more 

11 percent increase, $1m+. Does anyone else get an 11 percent raise. Just one other small detail, Isn’t it nice to know that he is laying off 100s of people while he gets millions. People have to put food on the table for their families here in... — read more 

Are you aware of illegal activity, like using "Legal Recovery Set-off" to increase fee collection? Or gaps in RCSA implementation that leave vulnerabilities while time is taken to rewrite controls? What are the details about forcing people into... — read more 

Other companies can get rid of 5,000+ in a single day. It would be nice to get this distraction out of the way. Why not hire some temps to help with the HR bottleneck, rip off the Band-Aid and get this over with?

You are the C E O of the first Bank EVER to unuionize. You have created such a miserable and toxic work environment the branches have struck back and are now unionizing. 5 branches have voted to unuionize and 5 more are preparing to vote. This is... — read more 

How much longer do non-branch employees have before closures/layoffs? Any Portland metro updates?

Psycho that he was, atleast Nate was decisive and clear in his strategy. Sweet Kiker is just a townhall cheerleader bumbling with the p-m-poms.

Has DSRI location strategy been announced? Will there be layoffs in DSRI lob? Thanks for the info.

Are there more layoffs?

Kyle sent an email today finally. Three groupings 1: Strategic market and most new non-client facing positions will be posted in these markets: Charlotte, Dallas, Des Moines, Minneapolis, NYC/NJ Metro, Phoenix/Chandler, San Antonio, Salt Lake... — read more 

Looks like TL.com is more in the pocket of Big Corp than they want to admit and are removing posts for no reason. Good thread earlier today about DE&I is now gone; it had solid points about WFC abuse of the concept that needed to discussed. Way to... — read more 

I am in a non-hub location. While the location strategy was announced, I was told my role was identified for an exception. However others in my city are being laid off. So…how long does this exception last? I cannot post for any other positions, as... — read more 

How old is Ray Fischer? (Serious question) He's never heard of Imagine Dragons?

When is the next round for California COO Remote?

Am I laid off?

Looking to see if anyone in conduct management has any insight. They pre-noticed 2 remote folks on March 5- after saying for months it was “years away.” after reading these threads I’m not sure if I should be holding my breath every other Tuesday or... — read more 

Have yall noticed the CEO has not been in a corporate meeting with us since 2021? The last time he was in a meeting with the entire company staff, was after he made the announcement of layoffs back in 2020. The meeting after that, he was being... — read more 

I don't want to work at a place that is driven by fear, gaslighting, and a toxic environment. There isn't a single redeeming quality to WFC anymore. Even the pay is no longer the draw it once was. I would accept a new position for less money... — read more 

Nope! Pay my severance. More than a year. I’ll take my time to be better.

Here’s the reality, expect it no matter what your circumstance is. Location strategy is only one variable. Wave 1 remote folks not in a hub location Wave 2 folks in a office not a go forward location Wave ‘anytime’ where you are remote, non core... — read more 

It’s bad enough that we have to work with low performers who don’t have the same consequences that stateside teams do. But now we are getting blamed for their low performance. That was the last straw for me.

https://www.visualcapitalist.com/which-big-u-s-banks-have-the-most-commercial-real-estate-exposure/

Are you ready?

Was told today my position is impacted by the location strategy and details of the impact will be shared prior to the end of Q2. No other details given. Thank you for the information. I guess I will 'wait and see'. Anyone else get this... — read more 

If you are a senior lead role P5, what is next in the org of employment. The new titles of Executive Director for this role basically is pigeon holding you in this category bc what is the likelihood you could apply to senior manager to maintain this... — read more