I find it interesting that one of the Recognition Celebration Winners in Commercial Bank is a Senior Manager with only 4 direct reports. I can remember over a year ago that we went through a "span of control" exercise where you could not be a... — read more 

I think it's time we face reality. We need to accept that every new day can and most likely will bring layoffs as long as Scharf is still CEO. If that kind of pressure is not something you can take, it's time to start looking for a new job. That's... — read more 

First time in 28 years, I get a sh---y rating and no raise! I had to take 12 weeks off for a major surgery, and it almost ki-led me! I always get exceeds, but I guess my surgery! D-mb.

Remember, the rate of layoffs will begin to take off like a jet plane, beginning with today. So one back pack is all you should need when you head back to your desk after you get the boot, to gather up (backpack) your belongings. Don't be that (__)... — read more 

Good job Wells Fargo on your new roving banker job. Paying nothing while expecting people to rack up hundreds of miles on your personal car for 58 centers per mile. Do you honestly think anyone is d-mb enough to take this job????? Start paying... — read more 

What is this meeting? Has anyone else received this?

Aside from our CEO flatly denying the existence of this strategy during his most recent Town Hall Q&A... Ya' gotta' love the BS reasons given in the email communications re: location strategy. "This move towards a more focused strategy for our work... — read more 

Not sure how many total, but just heard of a handful in Commercial (Kiran Vuppu org, to be exact). A co-worker told me a friend of hers was part of the cut, and everyone on their team who was cut got told together in a single meeting.

So some groups (CSBB, WIM, etc.) listed markets as metro areas (technical term) and other didn't, so no one knows where they stand. e.g. Specialty market listed as San Francisco-Oakland-Berkeley. Is it just those cities or is it the metro market... — read more 

Current Stock Price: $48.19 Paid $30M a year, given a 18% raise this year... we didn't even have a CEO for like 9mo and stock price was higher. Gets a job thru a family friend hired directly by Jamie Dimon. Even hires Jamie's son in law. Am i... — read more 

Layoffs targeting managers….individual contributors likely next

Members of my team and other departments as well were just announced

I’m from Corporate Risk and multiple layoffs in our area. To be precise, Elyssa Herman’s org- CRRA.

Maybe they aren’t making cuts on Tuesdays this month to throw us off. Charlie you’re so silly!

What does the report say?

Lots of chatter lately, online and in the workplace, that the grim reaper might be visiting St. Louis today with pink slips in hand. I thought it would be a good idea to have a thread dedicated to this location. As the day unfolds, please post... — read more 

https://en.as.com/latest_news/wells-fargo-branches-across-the-us-that-could-close-in-2024-n/

I am still 100% remote because I do not live near an office option. I received no merit increase. I know of another who also doesn't fit the R.T.O model and received no merit. I can't help seeing this as a sign I will be getting walking papers. My... — read more 

What’s up with the move the line that happened over the weekend? Over 1k employees were moved from Consumer Lending to Operations.

Tomorrow?

I got displaced after working at Wells Fargo for 10 years, but I will be having a virtual job interview with a new prospective employer next week. I am not sure how I should dress in front of the computer camera. Some Google sites suggest wearing... — read more 

Be sure to decline any last minute meeting from your boss on February Tuesdays! Decline and call in sick!

Functions across company are implementing location strategy. Consolidating employees in core markets by 2027. First wave: August 2024 Second wave: Q3 2025 Third wave: 2026 People in non-core markets: market-based exception, relocation (company... — read more 

Use your headset so we don’t have to hear your teams alerts going off all the time and your meetings on speaker If you need to take a long personal call use a phone room or stairwell For flex cubers, don’t leave your personal belongings... — read more 

Anyone have John Delaney coming to their site this month?

Just recently interviewed with wells fargo and the recruiter stated that “there were specific locations to choose from” when it came to a work location. I was aware of this since it said it on the job description. I didn’t expect the absurd... — read more 

Watch out for Tuesday if you fall under the corporate risk umbrella. Big cuts are headed that way including low level managers.

They've given me a 1% wage increase every year for like the last 4 years. Inflation has been much higher than that. To me that's a clear signal that they don't value me any longer, my area has about 80% Indians now. Do i have a moral obligation in... — read more 

I have 5 days from 2023. If I take pto now in 2024, will the system use the 2023 carryover first? I did not see mechanism to specify 2023 carryover when I submit. Can someone help?

I received a meets and got a $0.63 cents raise for 2024 which comes out to $1,310.40 extra a year. I know a lot of people are looking forward to leaving Wells as I am really looking forward to it as well. But I will holdout until I receive a... — read more 

EXTRA EXTRA!! BoA CEO TAKES 3% PAY CUT WHILE WFC CEO GETS 18% RAISE! So, the BoA CEO TAKES 3% PAYCUT, WHILE #WFC CEO GETS 18% RAISE! How and why is this possible. What has WF’s CEO done to justify this raise. Seems the senile BOD is doubling down on... — read more 

Safe(r)?

I am leaving in the next few weeks. Can someone help, besides letting my boss know, what all is needed. Formally and informally. Who tells me how many weeks I work till actual departure? Who lets me know how many days accrued vac will be paid and... — read more 

Scharf has no qualms making the decisions which hurt other people, in order to gain personal power and financial success for himself. Customers and employees losing = Scharf winning. Scharf bills himself as a Change Agent, and yet he is secretly... — read more 

Being put on a PIP. Wondering in this environment if it’s even possible to survive one. Also, how long is an employee typically on a PIP before they are axed or back to green?

So, the BoA CEO TAKES 3% PAYCUT, WHILE #WFC CEO GETS 18% RAISE! How and why is this possible. What has WF’s CEO done to justify this raise. Seems the senile BOD is doubling down on their false narrative regarding Wells Fargo’s CEO. There is... — read more 

So how long before they start running the numbers on MS Teams to see how long you are in yellow? But isn’t it worse to be green all the time? That means you are always available- ie Not busy ever. I think I’m developing a twitch because I have to tap... — read more 

Left the “firm” in September and have never second guessed my decision until I woke up this morning and realized it was bonus time at WF and I walked away leaving 10’s of thousands of dollars on the table that would be in my bank account right now... — read more 

I'm within commutable distance to a specialty market, when will I be forced to return to office? I've been 100% remote for 5yrs.

My boss arrived at work today in his brand new Ferrari Spider. I said “Wow! That is an amazing car!” He replied “If you work hard, execute on your goals, and strive for excellence - I’ll get another one next year.”