Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Ok, who's the id--t...

That thought that giving people 2 days notice before a forced transition to VDI was a good idea, when we all know it takes tech at least a week to respond to any request, including putting a stop to something like this? Good lord.

RCSA Bonus

WF is issuing a 20% TVC bonus to those who worked on RCSA in February, but the problem is not everyone is receiving it. If your leader didn’t flag you, you aren’t receiving it. Doesn’t HR have a list of all individuals that worked on this project? I... — read more 

early pay day - this week

Because I am sure there will be thousands of people wondering where their paycheck is, if your paycheck this week will be over $10K due to your bonus it will not show up in your bank account until Friday. Early pay day only applies to amounts less... — read more 

Cash Balance Lumpsum

In case of a displacement, can you choose to rollover the cash balance lumpsum amount (shown in the cash balance 'model my retirement' page') to an IRA?

Payout of PTO Days

If displaced, I see you get paid any PTO due to you. But what if you went over your PTO and say, used all the PTO for the year before your displacement, so you were negative 4 weeks when displaced?

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| 1450 views | | 5 replies (last January 30, 2024)
Post ID: @OP+1qP7FDy1

It doesn’t pay to be too good

Mediocre people get promoted all the time. In fact, I would say that most of the people promoted are mediocre. But their su-k up skills are outstanding. Leaders are often intimidated by people with great skills, so it doesn’t pay to be too... — read more 

Allspring Global Investment Layoffs coming

Why bother when CEO is never around? 
 Why bother when business is crashing? 
 Why bother to hire when it’s only short term? 
Why bother to show up on Squawk Box? Why bother to expand when it’ll go under? 
Why bother to be fake? 
 Why bother to... — read more 

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| 1690 views | | 9 replies (last March 5, 2024)
Post ID: @OP+1qPFsjzB

Retirement

How much notice is required if one decides to retire? I’ve read the “preparing to retire” handbook and it doesn’t really say. My boss and I get along well, but I have had it with this place and want to leave. I am old enough to retire under one of... — read more 

New Salary

Anyone know when new salaries will be reflected on workday?

Lubbock

Y’all think Lubbock will be safe?

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| 1200 views | | 5 replies (last January 28, 2024)
Post ID: @OP+1qM2Jkle

No review, no comp conversation

I think boss forgot about doing year end reviews and comp conversations. They have until Tuesday but come on! Nothing scheduled - no communication. This is crazy!

Is a year end 2 or 1 rating the quiet firing?

I’m not super articulate so please pardon me - if you want to vote me down, fine - but I don’t know how best to express myself here. I wanted to share a snippet that has gone viral on this board. Now before a few years ago - we didn’t have forced... — read more 

EFT Reorg announcement

Tomorrow Ken Meyer is going to announce a huge EFT reorg. This won’t be the end of it either as they haven’t even had their offsite to confirm details impacting most of the employees. What a joke

Well well, corporate America has done it again

The Board gave Chuck a huge raise, while the rest of you live in daily fear of whether you will be chain-sawed or have your job outsourced to India. What a truly sc-m-bag move, but it's been that way for years and its do as I say, not as I do... — read more 

Charlie’s comp

https://www.reuters.com/business/wells-fargo-raises-ceo-charles-scharfs-2023-pay-29-mln-2024-01-25/

Did anyone else get an 18% raise?

https://www.wsj.com/livecoverage/stock-market-today-dow-jones-earnings-01-25-2024/card/wells-fargo-ceo-got-18-raise-last-year-to-29-million-cxkFjbJu2BOfqQ3333uD

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| 1420 views | | 7 replies (last January 29, 2024)
Post ID: @OP+1qLHICUH

ANYONE ELSE GET AN 18% RAISE?

Please post here and identify what department and geographic location. Shame on the Board for thinking 18% to Scharf is justified and stating "utmost confidence".

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| 1050 views | | 4 replies (last January 27, 2024)
Post ID: @OP+1qLYIPUd

CISO

No one wants the job.

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