Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

At least we are not elder abusers /s

Wells Fargo Gets Elder Abuse Suit Dismissed, For Now A California federal judge on Thursday dismissed a lawsuit accusing Wells Fargo of facilitating a financial scam against a senior, saying that while the bank's employees should have known... — read more 

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| 870 views | | 2 replies (last February 3, 2024)
Post ID: @OP+1qTdjDp3

McKinsey running this bank right now!

It’s really obvious that McKinsey is running this bank right now. Charlie is not doing anything. Oh my God, can I get that 30 million?! Thank God, they got that billion dollars for the severance! Byeeee!!!!

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| 1000 views | | 5 replies (last February 5, 2024)
Post ID: @OP+1qTEE2Es

Debating leaving next week

Should have left years ago, but like many here just got comfortable. My pay increase the last 4 years has been 1% per yr, and i would say inflation over that time where i live is about 25% for rent/food/medical. I feel extremely abused here and... — read more 

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| 1430 views | | 8 replies (last February 4, 2024)
Post ID: @OP+1qTihGmm

PIAM

What is this new PIAM software?

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| 1210 views | | 2 replies (last February 3, 2024)
Post ID: @OP+1qTdZa4V

How many layoffs saved today?

How many gave their notice today after bonuses hit their account? I did! I'm hopeful I saved someone who wanted to keep their job. And I apologize if I kept anyone from a severance package. I know this is not an airport, but am excited to be... — read more 

Severance if not RTO

can wells deny severance if they let you go for not following rto guidelines? anyone have this happen to them?

We did it …

Collected the 401k match, now collected bonus. Sharts least favorite days is paying it out to us. Congrats to everyone with a larger wallet today.

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| 1030 views | | 4 replies (last February 3, 2024)
Post ID: @OP+1qSNFIHp

Severance started...

New to this wonderful world of being laid off by wf. Although I'm enjoying the staycation...it would be nice to get my severance. For those of you that have been laid off...when did the severance pay start after the initial 2 months was over? Was... — read more 

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| 2020 views | | 9 replies (last February 3, 2024)
Post ID: @OP+1qSzwdVT

HR Leadership retirements - or something deeper?

Hard to tell what's really going on. Anyone in the know? I shouldn't be cynical about every Teamworks leadership announcement, but help me out here. Are these really retirements or pushouts or escapes or what?

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| 2100 views | | 6 replies (last February 6, 2024)
Post ID: @OP+1qS3FvWJ

Leadership issues!!!

You hardly hear from Charlie and Powell is MIA since the pandemic. I've yet to work for a good manager over there. I have no idea how they pass the interview and selection process. So called leaders are in it for themselves, performance plans are... — read more 

California Home Mortgage Layoffs

Is there any truth to the layoffs that will be happening to the Wells Fargo Home Mortgage Remote Workers this month?

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| 1610 views | | 8 replies (last February 3, 2024)
Post ID: @OP+1qRXX27p

Nice $3+ Stock Drop!

Let's hope it rebounds before people with Restricted Rights want to cash in next week!

Managers, what is the displacement process for you like?

How far in advance are you told the date and who you must lay off? Who assigns the duty you? Your manager? HR? Do you get assigned some training? Are you given a script? When do you set the meeting for and how far in advance? Etc.?

CRCOE update contact info

Assuming the ask to update contact info and gave managers validate locations is a sign that location strategy is coming to ECR sometime in the near future

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| 1130 views | | 5 replies (last February 2, 2024)
Post ID: @OP+1qRgclMC

The layoff formula at Wells =

Zero merit increase + unusually low bonus + offensively high and greedy C-suite bonus = your layoff Congratulations!! It’s just a matter of days/weeks/months before your layoff!

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| 1640 views | | 4 replies (last February 2, 2024)
Post ID: @OP+1qR5c9gi

Control Organization Core Locations

The Control core locations have been announced. Core: Phoenix San Antonio Dallas Charlotte Des Moines Minneapolis Specialty: St Louis Chicago Salt Lake City San Francisco Raleigh Philadelphia/Wilmington New York Boston

February 1st!

The day they award that sweet, sweet dividend money! What does it have to do with layoffs? not a darn thing, except that I was laid off and still reap the wf rewards.

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| 1430 views | | 9 replies (last February 1, 2024)
Post ID: @OP+1qRlXjiH

WFA layoffs Tuesday

Wells Fargo Advisors time is coming on Tuesday for some support staff who have no idea it's coming. These are workerbees who are not in tune to things like this and will be blindsided. Of course, Sol G will still be shamelessly posting another... — read more 

Signs

Is there signs before you were let go. Other than total uncertainty of what's going on. My lob is always changing to try and "balance" work for each shift but no one is being hired and managers retiring with no replacement. Lob is lockbox which... — read more 

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| 1710 views | | 9 replies (last February 6, 2024)
Post ID: @OP+1qQmd4sA

CCAR- Lots of turnover- discuss

Looking at a role in CCAR and I'm hearing there's lots of turnover in that area. Manager playing favorites and not treating people equally ? Any insights?

No bonus

Checked my paystub. No bonus. Was told I'd be eligible but apparently not.

I like that money

today my favorite paystub of the year was visible l. Thank you WF

Bonus

Are displacement employees seeing their bonus in their payslip?

Isn’t it weird?

When you’re trying to give your life to this company and your CEO gets close to $30 million, please post your daily schedule, Jamie and Charlie.

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| 850 views | | 5 replies (last February 2, 2024)
Post ID: @OP+1qQx1A46

WIM hubs

Can anyone tell me the location of the WIM Speciality hubs, and if the Bay Area ie San Francisco/Concord are approved locations? The notice simply states a "a handful of approved speciality hubs" but does not name them.

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