A year ago, Leo Brito stood in front of us in a Town Hall and said that due to issues with WAVE VDIs that WF would be moving towards Microsoft Surface PCs instead. Now when I think of all the time/money/effort we've spent moving to MS Cloud based... — read more
What’ is the DM bonus pay ?
How much have you guys have gotten - what is the range I feel like DM bonus is on the low end .
This company is a joke
Just let people to volunteer to be laid off. I am sure they are just afraid that there would be mass exodus. To FRTO, pay that is a joke and I am sure bonuses will be minimal….. but I am sure Charlie will get a nice big raise…. Over it. Please let... — read more
Ciso gone in February, any word on his band of merry men?
So it was announced a month or so ago that are ciso is leaving Wells Fargo after he claims his end of your bonus, what about the band of merry men that he brought on board? Does anyone know if his inner circle is going to be leaving with him? Has... — read more
WF, RTO, and the Cloud
This past week before my manager went on vacation she told me that there was a meeting within the last few weeks with a limited audience where it was revealed that in the year 2024 any Wells Fargo employee that serves a technical role is going to be... — read more
Senior lead bonus level
What’s the typical bonus amount for a senior lead business execution consultant?
Pay your CEO more than 300 TIMES the average employee = Union
The pay disparity has gotten SO out of hand that no board or CEO should be surprised when employees want to join a Union. CEOs getting paid 300+ times the average employee is pure greed and should sicken most people. Not that Unions are so great but... — read more
Moody Colleen
Anybody knows what Colleen Canny's mood is today? No email updates as of right now. She's had a few ups and downs lately. Yesterday she was happy, but the day before she was saddened. Keep the emails coming, Colleen! Don't let the union election... — read more
Show me the money
I don’t see my 401k match when is that gonna show?
Chandler Campus
Anyone know what will happen at the Chandler campus ? Lots of moving around and consolidation . Any groups at this location that will be let go soon or reorganized ?
Union is coming to town…🏇🧲
Merry Christmas 🎄. Ride the stagecoach! 🤠
Bethel, Alaska branch
Canny’s email- “ I want to share that the national labor relationship board has informed Wells fargo that the union request to withdraw its petition for an election to represent employees at our Bethel Alaska, branch. we are pleased with the news as... — read more
Pull the trigger Charlie
Enough with the drip, drip, drip. If you allocated $1B to terminate employees, just open the flood gates and get it over with.
Article on first unionized branch, merry Xmas CS
https://archive.is/EN3Us
‘We’re not backing down’: Wells Fargo workers push to grow union campaign
https://www.theguardian.com/business/2023/dec/20/wells-fargo-union-campaign
Did a branch vote in favor of a union?!?!
With that said, there will be a branch in Albuquerque, New Mexico closing in 3....2.....1.....
A More Perfect Union
Whoever voted in favor of unionizing in New Mexico, thank you, thank you, thank you for leading the way. You have given us hope. We need yo improve the working conditions at our branches because being understaffed and taking the heat from rightfully... — read more
What are the salary limits on getting raises?
I’m around $220k, is this too high for raise?
Required Absence policy now being enforced…
This place is doing all they can to force attrition….
Wiseman Campus
Anybody know anything about the Wiseman campus? They have been renovating. I also read an article that said they are reducing their footprint in San Antonio. Wondering if they are planning to shut this campus down?
Truist, Wells Fargo, Bank of America trail in customer satisfaction report
The three largest banks in North Carolina — Bank of America Corp., Wells Fargo & Co. and Truist Financial Corp. — remained ranked at the bottom of the 2023 J.D. Power rankings for overall satisfaction with national and super-regional... — read more
Who's dreading stack ranking EOY review?
They should call it stank ranking, bc mgrs shove good performers into Needs Improvement (2) so they can give their brown-nosing favorites Exceeds (4).
Please share your last year's bonus
Please share your last year's bonus percentage along with your title. Mine...Lead software engineer 14%
Merry Christmas
From Charlie Scharf’s penthouse to yours…
Severance being reduced?
Any word on severance being reduced to one week per year of service? Benefits book still shows two weeks per year of service but people are talking about changes being made. Does anyone know for sure if/when this will happen? This is the first time... — read more
Profit sharing??
What ever happened to the 401k profit sharing? For years it was down to 1% but the last couple years has been nothing, even with great company profits. I can’t even find it referenced in the benefits book anymore…
Not worth a Thank You
We're just worth a thanks. Chainsaw doesn't have the decency to thank us for our hard work according to the corporate communication this morning.
Wells Fargo Resolves Ex-Worker's Age Discrimination Suit
Wells Fargo Bank N. A. and a former investment management specialist who accused it of favoring her younger colleagues, unfairly reprimanding her and ultimately firing her without severance because she was 73 years old have agreed to drop their... — read more
Let’s play survivor
Survival of the fittest. Let’s play folks! Who can hold out until February 2? Who loves their jobs? It is truly unfortunate that we are all in this position. It is unfortunate that we do not have executives that appreciate their underlings. Best... — read more
RTO - no reason
I live within 4 miles of the office and I drive to work. If someone lives within that range there should be no reason not to come into the office. We are required to be in 4 days when January arrives. Heck, many weeks I have been in 5 days. No big... — read more
Another DE&I Exec bites the dust
The last LOB DE&I person seems to be zz'd. Wow ole Kristy is doing such a great job that she keeps making job openings! Lisa R was the last and best of the DE&I execs. Three LOB leaders moved under DSRI in three months and now they are all gone. ... — read more
Government involvement
Why hasn’t the government had more conversation on banks moving US jobs to India and the troves of layoffs? We need more conversations on what banks are doing to their employees. The last Senate meeting for the most part only focused on basal. .. — read more
WFH rest of year
Heard this morning that Citi is allowing their employees to work remote the rest of the year. Would be nice if they did that hear.
How do you maintain a positive work environment amid constant layoffs?
If somebody has managed to do it, please let me know. Our morale has never been this low and it's getting worse. It's just a horrible work situation all around.
Being laid off would be a kindness at this point
Overworked doesn't even begin to cover the state I and my entire team are in right now. If the hope is to get us to the point where we will be completely burnt out and quit, I hate to say it but it's working. I'm dreading Monday so much that I'm now... — read more
In the IP (investment portfolio) group, what in the world do these “business managers” do?
Everything is a fire drill. They must be cc’d on everything. Well, they are just plain mean. They bring nothing to the table.
All You Want for Christmas is a Severance Package, wrapped on a bow?
Wells people are so miserable, they are begging for a severance package. I don't blame them one bit.. I would not wanna work for an instituion with so many consent orders or an asset cap.
Failed banks
Back in the summer, I bought boatloads of stock of the 3 failed banks, first republic, silicon and synchrony for cents per share. Now are are on the way up, and if things pan out favorably, I will have enough to retire. Kind of ironical I am banking(... — read more
Christmas layoffs
What are the chances of cuts next week? As a special Christmas gift from Charlie to all of us.