It cracks my a-s up, that you’re gonna give me a “meets inconsistently” after leave for surgery, never got a bad rating after 28 years, but now! I took on coding and wasn’t getting paid for it and did major projects, but he told me that I just... — read more
I❤️RTO/Location Strategy
some of the best moments of my career were when I was in the same office with my entire team. lots of comradery and lots of career growth. I'm hopeful that getting people into the office and co located will bring some of this back.
I’ll go nuts from anxiety
We are constantly under threat of layoffs. Also, we are constantly being jerked around with RTOs, location strategy, cuts and reorgs. Then you have a week like this, when worrying and panic go through the roof because of the uncertainty and tension... — read more
Signs…
Are there any signs or anything you can check before a layoff? Or does your manager just push a button after your meeting and you are locked out of everything and become homeless
Peeps layed off in the last week-no severance
Apparently RTO requirements not met
TK town hall tmrw
Does anyone honestly believe we will find anything out tomorrow? I am sure they will just string us along and not give us any answers whatsoever regarding our own positions.
So many question surround Risk
When do the layoffs begin? Why are there disproportionately high number of sr managers, directors, and senior execs? What’s the location strategy? Why can’t we be at least as effective in managing operational risk as our peers? Why is there such high... — read more
New villain
One thing w all the location strategy posts, people have stopped complaining about RTO.
Any anonymous dogooder have any REAL info about tomorrow?
Due to the anonymity that this site provides, anyone can pretty much make up anything. Does any lurker have anything tangible that they’d be willing to post? Like, you know things are going down tomorrow and you know specific areas of the bank that... — read more
Update today 3/4
So are there mass layoffs this week or not? What's going on?
System access after getting laid off?
The company used to have 30 day working/30 day non-working when laid off. Now you're gone the same day. How does access to 401k etc. work after you're removed from access? I'd think your displacement packet would have key numbers for say 401k... — read more
Last minute meeting with my boss tomorrow
Dang my boss has sent out a meeting invite last night. Scary.
Blood Bath 3/5?
Anyone here anything about tomorrow?
Discrimination? Employees Should Not Self Re-Locate to a Core Market
This seems to be discrimination - if the the employee is a great fit for the position why couldn't/shouldn't they be allowed to self-locate? If an external job seeker that must move to a core market then why can't an employee? This REALLY smells. — read more
I feel like I’ve been supported from the day I got hired
More like, we’ve all been sh-t on since Charlie and Saul joined.
What if the Executive Criminal-Suite’s master plan is to eliminate all employees who know enough to question their shady business practices?
It’s a lot easier to manipulate and coerce new lower-paid employees and detached third-world contractors than it is to risk being exposed by experienced employees who know regulations and are confident enough to speak up.
I see PR has been working overtime
Wells Fargo slowly starts to shed the problems of its past https://finance.yahoo.com/news/wells-fargo-slowly-starts-to-shed-the-problems-of-its-past-150033098.html
Layoffs next week
Considering it's the start of a new month, how many layoffs can we expect to see next week? Any ideas on what will be hit?
Buckle up California
When it rains it pours. Watch out for next week storms. Don’t let them catch you off guard. I’m sure we’re all sinking.
RCSA destroys careers
Rcsa was invented to destroy American jobs
Location changed, to quit or not to quit
I'm in a hub, but thanks to the "location strategy", my location changed & my daily commute went up from 40 mins to 3 -4 hours depending on traffic. I can no longer drop my kids off at school and daycare and then get to work on time. I feel forced to... — read more
There's a storm coming in.
Tuesday. A mix of sunshine, rain, and an occasional severe thunderstorm. Localized flash flooding possible with hail and a tornado risk. Many have not been monitoring the weather and will be caught unprepared.
To Charlie & BOD
Every time I recount the way we are treated here, people say "Oh, I must take my $$ out of WF" - so far it's at least $5 million. Priceless.
Questions during town hall.
The questions our Joke CEO answers during an hour long town hall are a complete joke. They took no questions form online, and everyone one in the room is a desk jockey that isn’t worried about their job? I know for a fact that people form... — read more
Cybersecurity Location Strategy
Someone posted the cybersecurity location strategy. why are you deleting it? Posting again... https://i.ibb.co/gWzkjXg/Screenshot-2024-03-02-at-20-20-41.png
Wells Fargo's fraud shame: Leaked audio transcript claims to show shocking moment bank employee gave away customer's $100,000 life savings
How's that outsourcing going? Wells Fargo's fraud shame: Leaked audio transcript claims to show shocking moment bank employee gave away customer's $100,000 life savings to cruel crooks after just TEN-MINUTE phone... — read more
Sf Bay Area
This week in the Hagerman town hall only San Leandro and Concord were the only offices mentioned. Does that mean the SF office is toast too? Those of use remember when sf tech was on 1st, 45 Fremont and 333 market. I guess we are no longer an sf... — read more
March
Expect more layoffs
This!
I wouldn't take a layoff personally, it's business and that S goes both ways. What I do take personally is Hudson Yards intentionally tormenting employees to weasel out of paying severance, which is THEIR policy. That's not business, it's just being... — read more
India
It looks like we’re at 40% right now for our cohorts in India. Do you think this whole company will go to India soon? Stock going up, I wonder why? Cheap labor? We’re not under the asset cap, so I just don’t really get it. — read more
M Level Compensation
I have an interview in Digital. The HR said the position is either at M4 or M5 level. It is too early to ask what type of total compensation would be...is anybody here with some information particularly the bonus percentage of base?
Headcount for non Hub or remote emplyees?
Im guessing for both business/tech around 100k
law suite on Localtion Strategy
Laying off some remote workers, sparing others after publishing a location strategy . Does it call for a class action suite ?
Location Strategy Timeline
I'm beginning to get the feeling our 2-3yr timelime is extremely unrealistic. With senior leaders leaving in droves, and what appears to be very poor planning which leads to poor execution, it's not looking good. In speaking with people in... — read more
Location strat is just to kick us or make us leave
My reading of the location strategy is to have an excuse for layoffs en masse, and also to motivate people to leave on their own, so no severance pay. I have been considering looking for another job. With all the turmoil in the banking sector, it may... — read more
Badge in/out
Is anyone just badging in and immediately out and not gotten into trouble? I have to do the couple of times next week, so checking… I will get a lot of flak for this but I don’t have an option…
WFA and STL campus being sold??
Who else thinks this is a possibility? STL is not a core location for any LOB other than WFA.
Corp Comms “Heart-y” thank you email
Does anyone know what this is about?
What is the severance as of December to January 2024 ?
I see alot of people talking about severance but how does the lay process work now? Like they lay you off you get one week or two for every year of employment ? does it start after 60 days ? if you were paid tuition reimbursement do you need to... — read more