Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Paranoia- comp call tuesday morning

I thought I might get comp #s yesterday. Didn't get them today, but call call invite sent around 4pm today for Tuesday morning. Am going to get shafted or am I just paranoid....? 3rd year at Wells but 1st year w boss...

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 pretend it’s... — read more 

Vacation days at quit date

I know on teamworks they say accrued time off not used when you leave gets reimbursed to terminating employee. I plan on taking floaters and personal days before I quit. I am an exempt employee, do exempt also get refunded unused but accrued or... — read more 

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| 1290 views | | 5 replies (last January 26, 2024)
Post ID: @OP+1qKoPZr8

Rating system

Can someone explain the ratings system? I was under the assumption that it was Needs Improvement, Meets and Exceeds. I just heard there are two more, Inconsistently Meets and Consistently Exceeds? Is this true? I have searched teamworks and I... — read more 

RSR and lay offs

Any one know if people being laid off got RSR? If you get RSR does that mean you are on the layoff list?

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| 1640 views | | 6 replies (last January 26, 2024)
Post ID: @OP+1qKPqZJP

$1000 cash payout

Surprised I didn’t see anyone already discussing Charlie’s announcement. Obviously an attempt to appease the disgruntled folks unionizing, but I’m not sure a one time payout will actually address the problems in the branches those folks are upset... — read more 

Inconsistent Meet Bonus/Raise

So I got an inconsistent meet for mid year and year end based on a lighter workload then my other team members and received a 10% bonus with no raise this year. Can anyone speak to if I can apply for other roles with this rating? It's documented that... — read more 

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| 1810 views | | 6 replies (last January 28, 2024)
Post ID: @OP+1qKP1s4Z

What the heck!?!?!?!

2% increase. Why bother. After years and years, and I mean a lot of years of service I get a 2% increase?!?!?!? I guess they figured we’d give them titles this year instead of a pay increase. Wow! Way to make me feel valued WF.

PIP document-dont agree with it.

There seems to be no substantiation to put me on PIP. Perhaps I could claim retaliation for age over 40 (Texas)? What happens if I don't sign it. Will I be terminated with no severance?

What the F am I doing?

I have so much experience, but I had to deal with my husband dying and dealing with his sickness of cancer for so many years and I’m finally getting back to realizing the world and where I am! Wells Fargo served me good for about 15 years I think... — read more 

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| 1680 views | | 4 replies (last January 26, 2024)
Post ID: @OP+1qKUUxMm

Tech layoffs Yesterday

Group got hit with some tech layoffs yesterday. But we don’t want to talk about it so maybe you won’t notice when some of your team shows the Zz by their name! Guess they don’t care if the delivery date moves.

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| 2060 views | | 7 replies (last January 26, 2024)
Post ID: @OP+1qKbIiR2

IT&V?

Can someone who works in non-tech IT&V functions give me an example of the type of task you have complete on a day-to-day? What is the process from end-to-end. How long does your test take l? Please d-mb it down for me. My site is closing in 2025... — read more 

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| 1040 views | | 2 replies (last January 26, 2024)
Post ID: @OP+1qK2Glto

Bonus

If your rating was meets, what percentage was your bonus?

Thoughts on Des Moines?

Now that it's official that Des Moines isn't long for this world as a WF hub, what are everyone's thoughts? Good or bad for the company, and why?

Bonus for the displaced??

I understand that you're eligible if received the notice after 9/30. But does that mean you're actually getting one? My old manager has stopped responding to my emails since November.

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| 1810 views | | 9 replies (last January 25, 2024)
Post ID: @OP+1qJuQ9hH

UX Layoff

Anybody know anything about the entire Ux team being let go overnight?

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| 2170 views | | 6 replies (last January 25, 2024)
Post ID: @OP+1qJDnwbZ

Bonuses

With bonus info being given out starting today, what's the word on them? We were told ahead of time to expect them to be smaller. How much smaller are they?

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| 420 views | | no replies yet
Post ID: @OP+1qJK2vi9

Compliance to RTO after CSBB announcement

CSBB location strategy was announced last week. Remote workers without medical accommodations should start to Return to office. Didn’t see any time frame on when this should be executed by. My manager advised to just hang tight until I get a... — read more 

Tech is such a mess

Literally the most important day of the year to have tech running and we can't even access workday? For Pete's sake. But don't worry guys, crack support teams are working on it! 😐

How many were laid off so far this year?

January is not even over and we know about several small rounds that took place already this year. And that's only the ones we know because people from those groups post here. Who knows how many happened that we don't even know about. This is going... — read more 

SVP talk of RTO "solidarity"

During his recent AMA (Ask Me Anything), SVB said everyone near hub and w/o medical accommodation is reqd. to come in min. of 3 days per week. That's a lie. And he's the one who authorized special WFH arrangements for tech support staff. I know of... — read more 

Need New Blood - Middle Management Leadership

Most of the recent middle management changes within the LOB I am in are filled by people with 20, 25 or 30 years experience at Wells Fargo. This is literally rearranging the deck chairs on the Titanic after the ship strikes the iceberg. These... — read more 

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| 1480 views | | 8 replies (last January 24, 2024)
Post ID: @OP+1qJ5l6EC

Things don’t get better

Been at Wells Fargo for almost 4 years now. Moved departments 10 months ago to a new department thinking that it would get better but my new boss is a super nice but has no idea what is going on and is a lost soul. She has no idea what her upper... — read more 

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| 1740 views | | 9 replies (last January 25, 2024)
Post ID: @OP+1qJ4QTIa

Cash award

1 time cash bonus for people making under 75k. That’s some bs! The rest of us get sc--wed. I don’t make much more than that and will get nothing.

PIP

I was put on PIP todays(rating 1). I was told my manager and he will be in a call next week. They mentioned it's a 90 day plan. I assume if I get terminated after 90 days, I won't get severance.? Will I lose all benefits the day I get... — read more 

2024 Benefits Book is out

Sorry trolls, no significant changes to the severance plan. Guess you'll have to find something else to nag us with.

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| 1160 views | | 4 replies (last January 24, 2024)
Post ID: @OP+1qIkIV4m

Layoffs today?

Does anyone know if there will be layoffs today?

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