Every single job offer I received in the last six months since I started actively searching for something else has been below what I currently make. I know we're not among the higher payers in the industry, so what gives? Are the layoffs throughout... — read more
Portland location update?
Didn't someone report that 2/13 was a notification day? What's the latest, Portlanders?
Get Fargo? Is this the worst ad yet?
Caught a WF ad recently with the tagline "Get Fargo". Even at the end of the ad it showed the WF logo with simply 'Fargo' next to it. What kind of a branding scheme is this? If you wanted to toy with shortening things up, not that it's a great... — read more
Displacements
Why are tenured employees first amongst the displaced?
Working at Wells Fargo is like surviving on Na--d and Afraid.
We’ve been stripped and abandoned in a treacherous location with primitive tools. The waters are murky, the brush is barely penetrable and survival takes everything you’ve got. There is no protection from the elements and we are surrounded by... — read more
Branch closures
Vendor just let it slip that buildings to be sold off. He was just doing inspections for sale. Said multiple rural branches. Smh...
HR investigations
Reported someone higher than me for s-xual harassment. I have some texts and pictures, some dates. What usually happens? Will I get asked to leave?
Lead Marketing role on Hendren's team available
Lead role (P4) on Chris Hendren's email team in Mktg Services just opened up (not posted yet; backfill). Solid role (as secure as it gets). Particularly good for those looking to move up or move to role on team w/more secure footprint (location... — read more
At my breaking point
I can’t do it anymore. This job has completely su-ked the life out of me. I started working for Wells right after college, so this is the only job I’ve ever had and I’m not sure what to do now. Given the current job market, what can I do to get out... — read more
ITV made a 1000 people lose jobs
The company had 8000 controls in total which were tested by a 1000 people in ITV (excluding ITV headcount in India). 8 controls per person! Even the slow ones in ITV took no more than 8 weeks to do a job that was redundant in the first place. The... — read more
Mandatory Meeting Monday
3M :(
Why is there still such a lack of transparency around salaries, raises and bonuses??
Because companies like Wells Fargo do not want their unfair pay practices and discrimination to be exposed. **Women, chances are that you are making 83% of the salary of the man sitting next to you. ** **Long-term employees, chances are that... — read more
Shared Services Operations scheduled Location Strategy Call for Feb 12
Karoline Kane will be elaborating on the 2024 SSO directive to move all non-customer facing positions into centralized locations.
Sound Familiar?
This is why you don't want to work for a groupthink NYC / consultant run company. These rich execs are herd animals and believe that if enough of them do it, they'll never be held accountable for their treacherous actions. Every single day they come... — read more
Is "mobile active users count" a KPI anywhere.
from https://twitter.com/jevgenijs Feb 1 posting: U.S. megabanks, mobile active users*, Q4 2023: ✔️ JPMorgan $JPM - 54 million ✔️ Bank of America $BAC - 38 million ✔️ Wells Fargo $WFC - 30 million ✔️ Citi $C - 18 million Even if one assumes no... — read more
I am ready to leave
Whatever happens in the near future re: layoffs, I am ready to leave this place. I am overworked, constantly picking up work for people who left. Can’t remember the last time I was done for a day in less than 11 hours. I feel like I live here. And... — read more
Next week layoffs will be announced
Download your W2 and pay slips.
“The Firm”
What’s the background on calling this bank the firm?
CSBBO
Location Strategy sites will be emailed on Monday, San Antonio West Lake Phoenix Roanoke are pretty much safe and all the other sites will be closed in a 2-4 year timeframe. Only some will be asked to relocate based off performance.
Saul su-ks
He is Charlie’s Wall Street protege and acts just like him. Mass layoffs since he took over CSBB but plenty of funds for him and his cronies to travel the globe on the corporate dime. Being paid millions each year but no clue how to make WF... — read more
TK Needs to Boomerang out the Door
When will TK be shown the door?She is a really bad leader. Forget all the offshoring she is doing, that’s just a cost play, that will backfire, But she cannot lead through any technology trends. She is clueless about what WF needs or can do.
RCSA
What will happen to everyone in RCSA after phase 2 is complete?
Scharf: “The wife says you owe me a $4.5 Million raise.”
BOD: “That would be nearly impossible to justify…but how about if you can get the stock back up over $50 — we will be able to claim you’re doing a good job.” Scharf: “Okay! Our global consulting firm says we should spend $30 Billion on an... — read more
Shart and SP in India!
Saw on linked in these cats are in India. Gee, more jobs going there? Think so. We work for India now
The worst system
Won't check any comments so (shrugs).. but a good listen- the father of Scharf and crew and all their ilk.. Jack Welch Is Why You Got Laid Off | BEHIND THE... — read more
Job Market is tough out there…
I know many people are waiting out for their severance, I don’t blame you, but be proactive while you do that. Even though the jobs report made things on the street look rosey, it is not, especially in technology. If you have a pretty good feeling... — read more
Mentor/Mentee
Is anyone participating in this or has anyone participated it in something like this in the past? It appears to be a great idea if executed correctly. Curious to hear both sides of the coin.
Anyone else working 12-14 hour days
Re org number 4 and moved to a new group with huge project. Not familiar with half the ask. Need to learn most of it but it’s too much in a day so having to work 12-14 hours to just keep the ba--s in the air. Not sure how long I can sustain this on... — read more
Technology middle management layer is way too heavy
Let’s flatten em. Fire managers!
Just got back from leave and just testing my manager
Access no, you do it yourself, badging in not working, no do it yourself. Anything I ask he doesn’t do it, so why are you a manager? Am I off on this, or what is a manager anymore?
Shorted hours and workday for vacation days!
Check workday to make sure you’re not shorted. Input December 31, 2024 and see if it is correct!
Remember?
Does anyone remember those Jump into January and Fly into July sales goals in branches?
ER Reps
Are the ER (employee relations) reps trained to be jerks?
So Capital Markets Leadership Change
So Ranjit Bhattacharjee decided to leave WF to pursue other opportunities. Wonder if it was really his idea. Kinda like getting retired.
CSBB Layoffs
Directors have created the list.
Late Displaced Employee Bonus and 1095-C Statements
I was displaced but still qualified for a full bonus. Not only did I get steamrolled on it but I didn't get the mailing about it until today, even though I could see it (and SMH in dismay at how astronomically low it was) last Wednesday. My 1095-C... — read more
ICC/WFA Department (St. Louis)
Does anyone know if the WFA Investment Contact Center has been or will be impacted by layoffs?
Displacement day
Lost a support person today. Retail banking.
Reason for layoffs at wells
comparison between wells and chase: In 2023, chase made 49.6 billion with 308k employees where as wells made 18.9 billion with 235k employees. What do you think?