It hadn't occurred to me until now that concerns regarding WF's butchering of Agile Methodologies was too narrowly focused on the methods alone. Agile has become way more than a method(s). Its original usefulness in software development has been... — read more
RTO - “Going the way of the dodo”
This. https://amp.cnn.com/cnn/2024/01/22/opinions/remote-work-jobs-bergen/index.html
International locations get ready
New wave of layoffs for control function is coming. Canada/EMEA/APAC, buckle up!!! If you got 2 from your perf review, you better update your resume!
LOCATION & FUNCTION will be the primer reason for letting people go.
Location is what they are still looking at to make further cuts. If you are in a hub then your chances of getting moved to another department is higher than getting laid off unless they are outsourcing your work to India. However, there were couple... — read more
CFO - "Ya Know"
Is public speaking offered as a training option at WFC? Over under on the "umms and ya knows" Done nothing to make this place better.
No review scheduled yet
I haven't been in my current dept for years, so I'm not sure what the norm is. But with fewer than 2 weeks until the big 2/2 check, it seems weird that I haven't had my annual review scheduled yet. Why don't you ask your manager? Same reason most... — read more
TROUBLE BREWING IN STL
I cant speak for others but in my dept you are expected to work 10+ hours without compensation thanks to the mo--ns in charge These imbeciles in St. Louis create more and more stupid daily deliverables to feel relevance but absolutely have ruined the... — read more
CIB location strategy
Anyone have any info on this? I read here that csbb a d sim finalized it but at CIB I'm not getting any info. Appreciate all inputs in advance.
Petition for Scharf And His Team to Leave
Charlie Scharf has been head of Wells Fargo since 2019 and the following is still true- The asset cap remains Consent Decrees are still unfulfilled Wells Fargo is now the only bank with a union Wells Fargo stock is still abysmal And no... — read more
Union Pressure?
I have heard some chatter that branches seeking to unionize have been pressured not to do so. Just a reminder that interfering in union activity is illegal and whoever is pressuring branches, or tearing down signs or using intimidation tactics... — read more
401K
Anyone know what happens to your 401K match if you haven't completed the three year vesting requirement when you're laid off? In other words, will WF let you keep what they have matched after two years but prior to the three year vesting requirement?... — read more
Coffee Badging
Didn't realized there was a term for what many of us do. https://finance.yahoo.com/news/companies-want-employees-back-office-110000469.html
Retirement Eligible
I am 55 years old and over 10 years at the company. If I retire instead of resigning do I keep my RSR awards? I have landed another job but I am not starting until late March. I called ER and got passed around 4 times before being accidently... — read more
Location Strategy
If I'm within 30 miles of an approved speciality hub for my LOB (non core hub) but I'm still 100% remote, can I ask from my location to be switched from remote to the speciality hub to avoid layoffs? Also, why hasn't it switched from remote to the... — read more
I am NOT a commodity!
When WF purchased my former company , we as employees and our contributions were highly valued. But since WF has assumed ownership we’re regarded as little more than commodities that can be purchased more cheaply from the third world. Hey WF…We... — read more
Location strategy
It’s the oldest trick in the book. We’ve been going at this every year since about 2018. With the increase in hybrid and wfh roles, location strategy is an easy way to shake up your workforce. Management will invoke fear by saying your location... — read more
Thinking of going to the EEOC, be ready for termination.
2019, Manager lies on my review, creates hostile work environment for the members on his team over 50 including myself and numerous other actions resulting in an EEOC complaint being filed after a year of waiting fort them to address... — read more
New Grad Hire, already looking for new jobs.
Hey everyone, I appreciate everyone giving their honest opinions of what’s going on. I’m grateful for this job out of college and the people I work with had been nothing but great to me but I now notice the little details in the background. Terrible... — read more
Wells Fargo Home Mortgage SO Ca. Collections
Has there been any mention of lay offs for the California collection teams seems as if there has been a lot of service released accounts..
New titles coming
Here come the new titles. Is this a play to get people to quit?
Location
What does WF use to determine if you are 40+ miles from a hub location? Is it google maps? Another tool? Do they use exact address or city?
Does empower charge once you leave WF
Right now there is no charge if you self manage. Will there be a charge for self management?
It’s goes in the win column
Wells Fargo branch workers in California vote against union
Is the location strategy just a half-assed way to get to severance mandates?
Seems like a lazy even chickenshit way to go about clearing dead wood. Or, maybe somebody really believes / deluded themself that I’ll be more productive going to a Core cube just to have calls with people a thousand+ miles away??
Location Strategy
Was the email with a list of approved locations and next steps sent to all CSBB employees or only those impacted?
Secure Print not working
Worked 6 mths ago but now it doesn't work
Brand Recognition
Whenever I see a WF bank branch or the logo out there in the news, I don't feel any connection to the company. It's almost as if the bank operates in a completely separate plane of existence than I do, despite 20+ years of paychecks received. That... — read more
WFC stock $4 billion buybacks failed to lift the shares
September 30, 2023 1.48B June 30, 2023 4.005B March 31, 2023 4.016B December 31, 2022 6.00M September 30, 2022 5.00M June 30, 2022 4.00M March 31, 2022 6.018B December 31, 2021 7.012B September 30, 2021 5.291B June 30, 2021 1.565B March 31... — read more
One more
Wells Fargo branch staff in Daytona Beach vote to unionize Workers at a Wells Fargo branch in Daytona Beach are officially the first to unionize in... — read more
Hillsboro, Oregon Barnhart hub
Are the employees in the Hillsboro location getting laid off soon? I heard the lease at Barnhart Center was going to be expiring this year but when? And there was no source from what I last saw.
Monitoring Teams?
I know that all Teams messages are saved and they technically can access them at any time, however, just heard that messages are now being actively monitored by management. Can a manager confirm if they are able to read the messages of their direct... — read more
Colleagues are dropping like flys and going on disability due to unnecessary stress
Is it just my group?
HR PySoP on LinkedIn
What are the chances HR is using bots and/or making LI accounts using fake WF employee names to try and get current employees or those in a notice-period, to quit and/or forfeit severance. A potential scenario could be this... " Hi, Not a Sheep! .. — read more
Impossible to do right at WF
You can come in the office or work remote, show up to every meeting, provide emergency help and be a top performer. Yet at the end of the day you and your efforts will be dragged down to whatever the average amounts to across the company. The... — read more
Garden leave?
Hoping someone can help… Director in Consumer Lending planning to give notice after bonus, maybe mid Feb. going to another bank. Colleague and good friend told me about 60-day working or non working garden leave if going to another bank. He said... — read more
Senior premier banker advice
Hi there! My husband is currently interviewing for a Senior Premier Banker role at WF. He was laid off from Morgan Stanley in November. With all the layoffs happening at WF what is your advice? Would this role be safe do you think? I know we can’t... — read more
Bonus amount
When can managers discuss the bonus you will get?