What are the chances of cuts next week? As a special Christmas gift from Charlie to all of us.

Are managers getting any type of incentive to get employees to quit? I had a manager tell me to quit and find somewhere else to work. It really felt like they really wanted me to get off their team. The tone was nasty and seemed personal. It wasn't... — read more 

This should absolutely be on the table. I am not in the camp of dying for a package. I want to stay and continue my work, but I know several colleagues with very different feelings. They are excited by the prospect and hanging on to see if they can... — read more 

Literally DOZENS of better options, higher rate accounts to put your hard-earned money into. Let your MONEY do the talking, stop with the whining on this board which gets nothing accomplished. MOVE YOUR MONEY OUT!!! I did, it's super easy and... — read more 

Wondering if anyone knows how much of tech will be run by HP ultimately?. Many positions eliminated and are now Contract roles oitsourced from HP.

Audit was supposed to be monitoring front line risk work. What happened? Asleep at the wheel? No doubt this asset cap is staying for the next decade. Sub-average auditors from Citi flocked over. Left behind a huge mess at Citi and now causing... — read more 

Eliminate severance packages, benefits and equal employment opportunities for all employees except the Senior Leader team. All employees to be Offshore and working for minimum wage. The OCC, the Federal Reserve, the Senate Banking... — read more 

I read it ever year around this time: "I'm quitting once I get my bonus!" As a manager for many years, I've never seen it happen on my team. What say you, are you really going to quit after you get your bonus? Do you have a new job lined up where... — read more 

All I want for Christmas is more of you to quit. Love, Chainsaw

It bugs me that there will not be one major layoff round after which we will know we're safe. WFC will just continue doing what it has been doing this whole time - having continuous layoffs in different areas all the time. Job security is now a... — read more 

Hi, all, if you’re ready to quit, today’s a decent milestone day to do it. If you’re employed as of today, you’re eligible for the annual 401k match. Note that for those hired 2021 or later, there’s a vesting schedule for to be mindful of. Or, if you... — read more 

Employees. Um I’m sad to see how many of you are on this distribution list. Um. This may be your last year at Wells Fargo as we try to increase efficiency across the bank. We have set aside 750 million for severance expenses and um your days may be... — read more 

Heard other LOBs say bonus flat to last year and around 3% merit. What are your submissions looking like in tech ?

Just wondering.

Based on the CEO comments recently, it looks like they are planning to cut at least 40k jobs by the end of 2024. Based on what he recently said to book an extra 750 mill to a Billion in severance expense for 2024. Based on the recent history, WF... — read more 

This Company will lay off current employees yet they have hired " Behavioral Experts " to come into branches with the DM and the like-to tell us where we are going wrong with Customer Service. You see if a customer gives the branch a bad NPS score... — read more 

Changed to a new team this year, manager obvious has favoritism in the team. I got meet in mid year review , but things has gone south since then, she hasn’t scheduled meeting for performance improvement or anything like that, seems just leaving me... — read more 

I recently happened to overhear a conversation between an HR executive and another executive in my office building. It was mentioned that if you are not assigned to a hub location, you will be among the first ones to be let go. Unfortunately, this... — read more 

https://finance.yahoo.com/news/wells-fargo-real-estate-head-210059576.html

Any truth to chuckes wanting a standard 90 day severance package for all???

Would have been nice getting our 401k match quarterly as we could have taken advantage of this runup in stock prices. Thanks Chuckles the Clown

Especially the parts of being proud to work for Wells, Wells is a good place to work, and we are willing to put in a great deal to make Wells succeed. All those have tanked. Who would have thought sending jobs overseas, making people sit in an... — read more 

Barry looks like he's in a police station holding room waiting to be questioned.

Capitalism sure loves layoffs. If current WF stock price above 49 holds (or improves) until 401K match, that would svck. Because we all know we'd be gifted shares at a high and, when selling off in droves, it would be at a low (would be a loss of... — read more 

While I'm happy to see our stock price bearing $50, I'm a little bummed it couldn't stay low until after the 401k match

Here is my thing with the location/hub strategy and the displacements that have and will occur. Wells is an employment at will company which means they can do whatever they want within the limitations of law. The location strategy falls within that... — read more 

We are a small team with no two members working from the same city. Can’t collaborate with anyone even when I go to the office. Curious to know how management is taking RTO mandates?

Curious.

Anyone know information on successful pursuit of severance after being told your job is secure, you leave and the position is eliminated?

Hi, My name is Nupur Anand I am a journalist with Thomson Reuters, I cover Wells Fargo. I understand that the bank has been downsizing and I would want to learn more about the departments being affected and the processes involved. I completely... — read more 

Anyone in a non customer facing position has thier head in the sand or drinks way too much company Kool aid if they think there job won't be up for outsourcing at some point. Oh yes , let's all go to India and visa versa and we can share our... — read more 

Blown away at the lack of gender diversity in Mb leadership team. Wow.

https://www.dispatch.com/story/business/2023/12/12/wells-fargo-starts-hiring-350-workers-for-new-easton-center/71886844007/

If you don’t go in to your assigned location now, you better start Jan 1. If you switched assigned locations manually, switch it back immediately. This is a PSA

The US finance house is paying up to $1 billion in severance costs to trim its workforce. The bank is focusing on efficiency as it navigates a challenging economic environment. The US institution hasn't been doing too well in the press... — read more 

But clicking on the link shows nothing, (confused)

Just a few days till 12/15 when you secure what may be your last 401k match. Invest it wisely. 2024 gonna be nuts, the company is already downsizing but when you add economic hurdles onto it, many gonna be axed.

Long-term remote employees who weren't near hubs.

When will IRM begin to chip in with displacements? I keep hearing IRM risk people are somewhat protected, due to RCSA, MRA and consent order activities. Should I try and get a job within IRM to keep employed?

Just curious if anyone has heard anything in identity and access management as far as layoffs or any rumors ?? it’s been really quiett… do we have enough mix of Indians and US employees??