Layoffs

What would happen to me as I am working 100% remote from south carolina and My friend is 100% remote from michigan? Are we enforced to go to the hubs?

How does WF have any employees left? Between constant layoffs, how they treat people, and all the posts on this board, I'm shocked anyone still works there! You have to be desperate for a buck, have unclear values, or just need to feed your family to... — read more 

I’m a believer. All the legacy Wells Fargo cronies used to snicker that our CEO was never going to get the 2016 consent order lifted in our lifetimes…even though they happened on their watch But Charlie did it. He. Is. The. Man In Charlie I trust — read more 

That’s your sign, folks… they are looking for excuses to fire you so that they don’t have to displace you later. Be warned. They’re paying attention to the time you’re putting into Workday. They’re paying attention to what you’re doing on your... — read more 

Enterprise Mktg Services should not be under a single LOB when it supports all LOBs. Never seen such non-sensical organizational chaos. KP's org is too massive to sustain, and EMS needs a more appropriate home. And please dump DivM.

Curious on those that just now received officer compensation titles or received an upgrade/downgrade How were you notified? When did it go in effect after notification? If you already had one and it changed, what was that communication like and did... — read more 

A bird in the hand is better than many in the tree! It is best to count your blessings and be happy with what you have rather than stand in rigid defiance with the 'poor me' attitude. You are the master of your own ship, Captain. Just do what is... — read more 

I have been in my job with for multiple years now and my production is good. I have had exactly two pre-interview phone calls in all that time applying for different roles despite applying for at least 50. Is it a common practice of WF to pigeonhole... — read more 

Working at Wells Fargo will pay your bills but the downsides are not worth it. This job will negatively affect your mental and physical health, your overall well-being, and it will definitely mess with your personal relationships. If anybody who is... — read more 

We just announced. Wow.

Checking on any location strategy updates rto headcount plans …KP made face of marketing across alll lending products - she has completely revamped the face of credit cards for the bank…folks forklifted under her may not be all happy

Do I call HR first and tell them? And then my. Manager? Or vice versa? Who in HR? Is there a need to tell them I am retiring vs. leaving? Does HR tells me what $ value I get for my pto?

When is anyone affected is going to sue the bank for Layoffs and reposting jobs in India? Someone needs to take the initiative! This management is unethical and is treating the bank as their own property, su-king it out of life and leaving it dry! — read more 

Proof is in the pudding. I just checked and there are over 700 U.S. jobs available, there are over 600 India jobs available, there are over 90 Philippine jobs available and over 10 in United Kingdom are available.

Are these jobs being outsourced fully to India? I looked up a posting with interest to apply and noticed literally hundreds of posting to India and other countries. I am rethinking this move. Anyone have insight? The position itself is one that is... — read more 

What to Know About the Latest WFC Job Cuts Wells Fargo executive layoffs are coming in Q4 February 14, 2024 Wells Fargo (WFC) Senior executive layoffs are coming to the financial services company. Lackluster performance from current bank... — read more 

Who: Wells Fargo is facing a class action lawsuit regarding overdraft fees. Why: Wells Fargo did not provide customers proper notification about its overdraft fees, the lawsuit claims. Where: The Wells Fargo lawsuit was filed in federal court... — read more 

We all knew it was coming and rumors yes I know rumors are saying next Tuesday layoffs will ramp up again for 2024.

It’s coming folks. They will start with tier 1 resources. The MSP has already been selected.

“In those days, layoffs were used as a last resort: in mergers or extreme financial hardship. Today, they are ubiquitous. In 2023, U.S. layoffs were 98% higher than 2022. And 2024 is not far behind. January felt like open season on... — read more 

A bright young guy I know asked me about a job listing at Wells. I gave him the pros and cons, as I’ve experienced them (more cons), but told him to research the company on his own knowing he would probably have a better experience than me as a... — read more 

So what is the mileage that they can force you to relocate ?

Anyone heard of a timeline for everyone at the WEC site since Winston is not a go forward location?

Wait for it, wait for it….layoffs will continue, no one is safe. Recommend everyone update their resumes & get out of banking ASAP. It’s like working retail aka Walmart. Look for a government job, they are more secure. I know i used to work in... — read more 

If given the option to relocate to a hub, you will NOT be given an option of core locations. Leadership will tell you the specific location. Such BS. (Unless you live where they plan on sending you, don't relocate. It's a trap. It's always a trap... — read more 

I missed almost all of the consumer lending town hall that happened. Was there any further discussion regarding location strategy?

Pour one out for the tons of location strategy questions that they refused to air. The takeaway was just people appreciate the transparency but have additional questions that we won’t answer??? What transparency? Trash.

So, BoA said they got hacked. Except it wasn't actually the bank, it was a subsidiary that is owned by the off shoring technology firm Infosys. In other words, an Indian technology third party caused BoA to have their customers data stolen.

The head of HR is coming to our site today. We are having a townhall at 9am. The WF site wife is at 11am today. Should our site be concerned?

Used to do a quarterly one after earnings. Then disappeared for nearly 6 months last year with not a peep from him. After uproar, he had a town hall. Now back to silence. How dos this guy lead a global company with hundreds of thousands of people and... — read more 

The stock market is hitting new highs and Wells Fargo can’t even sustain $50. For a point of reference, if Charlie & team had performed anything like Jamie & team in the past 4 years - WFC should be trading at $72. I don’t know why shareholders... — read more 

So what’s the buzz in your dept? What were the biggest complaints? Best things?

It is 2024, and yet we are supposed to RTO, or even funnier in some cases, relocate whole families for the job which may not exist in a year. I feel like a thrown around sack of potatoes. Yet, we are somehow meant to give all we have for this job... — read more 

All these other groups announcing location strategies what is Corp risk waiting for ?

Curious if a mgr from one team can see the performance reviews for an employee from another team during job application process. Anyone know who all has access to performance reviews?

Can't recall a time WF helped employees achieve anything. Sadly the goals are of company preference, not based on reality or an individual's talent or interests. Even more sad is the goals are arbitrary, based on the whims of today's mgmt. And to... — read more 

We got our location strategy email this morning. It was pretty similar to other ones that have been discussed here. Most new positions will be posted in: Charlotte metro Dallas metro Des Moines Chicago metro Minneapolis NY metro Phoenix... — read more 

What were the decisions made on who was picked to be on the FST Team for RCSA?