The DEI initiative is unraveling.

I hate my business execution title. Should I brand myself differently when applying so I can leave before getting hit with layoff

In case of layoff you’ll have a few hundred extra dollars in your HSA. Get every penny you can from this company.

Does anyone have any intel on when the Billings site will be shut down? I am trying to decide if it is worth sticking around for severance.

Between anticipated recession and the AI replacement, the job market in 2024 is shaping up to become a nightmare. https://www.newsweek.com/mass-layoffs-happening-2024-hiring-freeze-1855942

Since mid December, our office has had 4 giant boxes sitting in the hallway with a “Donations” label on them. There are also about 40 plastic bins (the type you’d store Christmas ornaments in) stacked next to them. They have all been completely empty... — read more 

I work with so many passive aggressive and petty people. I would always work fast and respond quickly but you all continued to push. There is no pleasing you. I am done with trying to be cooperative. You have done your fair share of sloppy work... — read more 

Looks like we're going to make it for at least a week in 2024 with no layoffs. Color me shocked.

Chances of a last wave before bonus and does the 60 day notice maintain your eligibility?

I just wanted a job... Not all the drama, back stabbing, chaos, non leader "Leaders" , inexperienced & abusive middle managers, constant back story of layoffs, outsourcing, etc.

So do managers have to come up with a minimum percentage or quota of inconsistently meets, even if no one on their team is a low performer?

https://www.wsls.com/news/local/2024/01/03/wells-fargo-tower-closing-in-downtown-roanoke/

If your job can be done by somebody in a low-cost country, count on your job being sent to a low-cost country sooner or later. It might not happen right away, but it will happen. That's the end goal. We're all considered to be too expensive and... — read more 

All—if you can hurry and do so before market close today in 30 minutes, it’s a GREAT day to rebalance/diversify out of the WFC shares you got as your match. WFC is flat but major indexes are down—you might move it for now into the NASDAQ-tracking... — read more 

Is the February bonus amount determined yet? Can anyone share some info about it? I know it's 🥜 Thank y'all

I just found out recently about the Early Careers Program at Wells Fargo and that fresh-out-of-college hires for Wells Technology are being offered $105k with a $ 10k bonus sign-on. The previous analysts in this program are currently being matched to... — read more 

I understand the need to justify real estate to improve efficiency, and that drives location strategy in some circumstances. Makes sense. This approach feels a lot more like “we are still going to have most of all this real estate but are going to... — read more 

A layoff on 10/31 was discussed, but now we know that scope. 700+ of us were downsized/outsourced. Drip drip drip until we're all gone.

The layoffs will continue until the asset cap is lifted because layoffs are the only way for CS to improve the efficiency ratio and thus get bigger bonuses every year. He isn't ethical enough to get the asset cap lifted, so layoffs are his... — read more 

America's bank branch bloodbath laid bare: More than 1,500 banks were shut in 2023 - with Wells Fargo, PNC, US Bank and Bank of America closing the... — read more 

Another post mentioned that folks should be able to see their 401(k) match already in their accounts. I was hoping to see it on the 29th, but as of now it is still not visible for me. Is this an issue, or is this the case for others as well and I... — read more 

https://www.foxbusiness.com/lifestyle/career-trend-act-wage-disgruntled-workers-brings-job-warnings-experts Now, "act your wage" is the latest message many American workers are sending their bosses as a way to express their career concerns and... — read more 

The 2024 benefits book posted this morning. The rumors were wrong- severance has not changed and we still get two weeks per year of service.

Let's hope that this is the year when we all find better options and leave WFC behind, never to look back.

5th year employed by Wells. How much more to pay for family from current individual, in a PPO. Also, same question for dental and vision. Just curious. St Louis.

If you are exceeds and a Sr Engineer what can you expect? They hid all the job family stuff so can’t see anything anymore.

I’ve been WFH since beginning of 2021 and I’ve been told since I am over 2 hours from a hub that I am remote permanently. I’ve seen on here people talking about WFH being forced back to the office, but I haven’t been communicated anything regarding... — read more 

I work in IT for the company and my boss has told me he’s heard nothing in regards to the layoffs affecting us and he’s always been up front to our team if someone is being let go. We had contractors that were let go in favor of offshore, which my... — read more 

Moved from a Business Execution Associate to a Consultant in 2023. does anyone know if that means I will be more aligned to bonus what my team bonuses? Or would management still look at what I bonus’d last year as an associate? (Which for the record... — read more 

The world: Charlie: “I know! Let’s fire Americans and export their jobs and all that confidential data to a third-world country that’s allies with Russia. What could go wrong?!?” The world: “Maybe that’s not such a good…” Charlie: “We’ll budget... — read more 

Has anyone reported someone for this and had some proof? How does it usually end?

If the market makes a turn soon, do you think there will be Wells Fargo layoffs? Any chatter, news or rumors?

I' ve been with wells as a lead software engineer since last February and wondering if we get LTI or RSU.

Simple count from Teamworks today and comparing to 1/31/23 shows 35K. Granted, not all are employees, but a good chunk are. So another reduction in 2024 (which will probably be equal to the 35K gone in 2023), but this time we are taking a billion out... — read more 

Any idea what payday bonus payments will be?

So last year I was a bus execution consultant. Got about 7.5% bonus on a meets/meets. Was then promoted to sr bus execution consult. Which I think an increase in pay structure and hoping to see what others in that role got last year. And if there is... — read more