Technology Hub Locations Bangalore Chennai Hyderabad Charlotte, NC Columbus, OH Dallas, TX Des Moines, IA Minneapolis, MN New York City Metro, NY/NJ Phoenix/Chandler, AZ San Francisco Bay Area, CA Technology Specialty Market... — read more
Soooo
If there’s layoffs in Q2, when does that begin. 60 days prior to start of Q2? Hmmmm
Location strategy just causes more chaos and grief
I wonder what will be the net loss from disruption in workflow, incompetent mgmt incapable of putting teams together and organizing work, lack of clarity and mismanagement of RTO, reorg with so many layoffs, etc. Cost-cutting may end up being a... — read more
ECMP DOWN AGAIN !!!
ECMP down again and leadership still expects certain deadlines to be met smh
Doug Braunstein - Vice Chairman
So if Charlie needed to hire a new position, Vice Chairman, reporting to him, does that mean Charlie is admitting he cannot do the job? Is he asking the board to cut his pay? I must have missed that job positing on the web site. I wonder how many... — read more
RTO conflicting messaging
First they want us back in the office in the spirit of ‘collaboration’. Now the message is ‘ limit your time in shared spaces.’ Sit at your desk with your headset on, but you can’t just do that anywhere. SMH.
“Location Strategy allows better collaboration!”
How does it when all domestic workers on my team are in a different time zone? And the rest of my team is in India?
Paid sick days
Are all Covid sick days taken from pto?
Credit card underwriting
Laid off mortgage underwriter here. I noticed a posting for a credit card underwriter. Anyone have any experience working in this department? Seems more stable than mortgage.
Waiting for package
I find myself dreaming of getting the package so many disdain… literally hope for it daily. Anyone else?
PTO/ assigned location
How does PTO count towards assigned location? I know it counts as in office but how is it used to calculate adherence to the 50% assigned location? Or is Assigned location only calculated on the days you go in? Didn’t see this answered before — read more
I’m waiting for Wells Fargo to have their “AT&T moment” or their “Boeing moment” to expose Charlie Scharf’s dangerous cost-cutting strategies.
You can’t put all your energy in to cost-cutting, mass layoffs which wipe out years of industry experience and stretch workers thin, efforts to force attrition, offshoring, outsourcing, stock buybacks and hiring quotas which focus more on diversity... — read more
40 Mile Distance for RTO
Does anyone know how this is calculated? Google maps? A radius from the office in question?
Lay off Notices
Does Wells Fargo Home Mortgage send out lay off notices via FedEx from North Carolina.
Pto
Anyone else have their boss give them a list of dates they are planning on taking to for the year and "strongly suggest" you avoid take PTO during that time to ensure the "team" is covered?
Being Watched
Recently, my location tracker (small target in task bar) is always on. Anyone know how they would use that data? Being tee'd up for the next round maybe? I have asked others and no one else I know of has their location tracker on permanently. — read more
End of Feb
Last week of the month could be the peak. Blood bath.
Internal Audit Location Strategy!
Does anyone have any information on what the IA location strategy will look like? When will it be announced? What will the hubs be? Will there be any specialty locations? How long will the specialty locations be open if so?
Get rid of DSRI and the sham it is
They are just su-king up salaries, and adding no value to the corporation
The WF Way
https://www.businessinsider.com/bosses-quiet-firing-staff-avoid-public-backlash-layoffs-2024-2 Unfortunately, this is the way. Why not just lay people off instead of crushing moral. I know they want to reduce severance payouts but they already have... — read more
Some useful advice during layoffs
While it is tailored towards employers, there is quite a bit of useful advice for us as well. “Preparing for Layoffs: L&E Partner Rebecca Bernhard Featured on Bloomberg Law... — read more
Layoff Disclosure to our next employer?
I recently got laid off from Wells Fargo, and now I am looking for a new gig elsewhere. But I am aware that there is still a huge stigma attached to the laid-off employees. Does Wells Fargo disclose the reason for termination to our next employers?
Reason for Termination
I recently got laid off from Wells Fargo, and now I am looking for a new gig elsewhere. But I am aware that there is still a huge stigma attached to the laid-off employees. Does Wells Fargo disclose the reason for termination to our next employers?
ECMP down?
I heard that ECMP is going to be down Monday and into most of next week.
When I hear “location strategy”, my blood pressure goes up
I feel like an office chair or a table which can be tossed around or thrown away.
Wells Fargo Approach to Automation Testing: "The Neglected Stepchild Scenario"
Wells Fargo Approach to Automation Testing: "The Neglected Stepchild Scenario". Needs dedicated managers and separate wing.
CRRA exec gone
Anyone have the inside scoop on Elyssa Herman and her termination
Location Strategy - Raleigh NC
Does anyone know if people located in the corporate office in Raleigh will be affected? I see fewer and fewer folks in the building. :(
Wells Fargo C-Suite Executives are unabashedly Morally Bankrupt
No shame whatsoever in making decisions which most people would be embarrassed to carry out. Ethics and character are off the table unless legally forced, and often not even then. Laying off American workers and then brazenly giving themselves... — read more
Charlie Scharf gets paid $29 million a year
For what?? we do all the work for him to get paid $29 million a year it’s incredulous! Sending all our jobs to India, and I don’t know how he sleeps at night, seriously! Have some ethics and morals I know you’re a millionaire, but please think... — read more
A day will come when WF says buh-bye
But it's not today. :)
Wells Fargo Mortgage Collections
Has there been any recent lay offs in Home Mortgage Collections, Customer Service or Home Preservation in California?
Senior leaders visiting Oregon again?
I just saw where leaders have another trip to Salem and Hillsboro during the week of March 13th. What could this visit possibly be about now?
Layoffs - Middle Market Banking
Anyone have any visibility and timing around potential layoffs impacting Kyle Hranicky’s Middle Market Commercial Banking world, specifically the Specialized Industries realm, especially for those in more relationship / customer facing roles such as... — read more
Teams recruited from J.P. Mor overshadowing legacy WF Managers
Teams recruited from J.P. Morgan overshadowing legacy WF Management. Recruited for Senior Roles Higher Salary Scale for New JP Hires Direct Access to Upper Management from Back Door WF Managers Appear Disempowered, Blank and No... — read more
Bay Area Business Banking
I was affected. Anyone know the headcount of those in business banking impacted this week?
Anyone in CSBB living near a hub but currently remote has received RTO mandates?
Rumor has it that such notices would be sent out by end of February.
Is it me, or are the Develop You courses getting way easier?
Are we d-mbing down our content? Example: Which item is acceptable? Take a picture of a customer balance Use your corporate credit card to pay personal expenses Alter a document a customer has signed Get a pre clearance before being on a... — read more
Wells Fargo Advisors website issues
Anyone knows what’s happening with WFA website? Trading not available