Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

What’s going on in IAM??

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??

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| 1531 views | | 5 replies (last December 13, 2023)
Post ID: @OP+1q2d4VIi

Today is Tueaday..

S hair is white WF doesnt have a stagecoach Tech is affected. Discuss...

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| 1830 views | | 3 replies (last December 13, 2023)
Post ID: @OP+1q2bsNRc

Hub location

Quick question…if you are informed that you are being impacted are you given the option to relocate or do they just lay you off.

Paul Camp went to GS

https://www.reuters.com/business/finance/goldman-sachs-hires-wells-fargo-executive-lead-transaction-banking-2023-12-11/

I don't know how a CEO could be more embarrassing

To meet expectations, you either increase revenue or cut expenses. There is no other option. Growing revenue requires the cap to be removed. Charlie is wholly (and obviously) incapable of doing that. So Charlie's ONLY play is to cut. That is why he... — read more 

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| 1600 views | | 5 replies (last December 13, 2023)
Post ID: @OP+1q2B6vXf

What is that saying, "when the ship is sinking?"

More Wells Fargo execs follow Kowach to startup David Kowach’s new firm, &Partners, continues to add management talent from his former employer, Wells Fargo & Co., where he was head of the brokerage group until 2019... — read more 

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| 1630 views | | 3 replies (last December 12, 2023)
Post ID: @OP+1q2gYo5K

12/12/23

Think any layoffs tomorrow? Remember it’s a non pay week and Tuesday. Does the chainsaw have any gas left?

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| 3550 views | | 15 replies (last December 13, 2023)
Post ID: @OP+1q2b91gA

Year end freeze

Since the year freeze starts this Thursday what are your plans? As this time every year with the year end freeze we will probably be twirling our thumbs as there is not much work we can do.

12 days of mindfulness

Which you can practice at your cubes you wage slaves. Have fun RTOing su-kers. Chuckles

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| 763 views | | no replies yet
Post ID: @OP+1q1GlVti

compassionate layoffs

Listening to news radio this morning on my drive into the office there was a brief segment talking about layoff notices with a quote from someone at WF about how they try to be compassionate about layoffs and this give ample notice to employees to... — read more 

401k withdrawal

Ok idk why I’m asking here but I am. If I cash out my whole 401k will the company still do the annual match?

Does this happen at other companies?

My boss continues to tell us that management watches our card swipes but my boss continues to come in only about half the time while the team comes in nearly all of the time. What gives?

Odd that the offshore thread was deleted.

I get that there was a lot of unnecessary racism but there were also valid complaints about things a lot of people weren't aware of. Why is WF trying to hide this rather than just police the thread? The fact that offshore is treated better than... — read more 

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| 1870 views | | 7 replies (last December 12, 2023)
Post ID: @OP+1q0AlsMY

Retire The Wells Fargo Name -Other Thoughts

The asset cap and consent decrees remain, despite "improvements" at Wells Fargo. Now Charlie Scharf has layoffs as a solution. Clearly, he's run out of quality ideas, and it's time to wind down the firm, not prolong its existence. Instead, the... — read more 

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| 1560 views | | 7 replies (last December 13, 2023)
Post ID: @OP+1pZDLirz

i am scared

i see a lot of people finding success after wells fargo and i'm glad for them but i don't think my story will be the same. i don't have any college and i've been working at wells for years in a very industry specific role. i know i'm smart and I pick... — read more 

Can AVPs join union

Curious if anyone knows if an employee with the completely useless "AVP" designation could join the union - since they aren't managers?

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| 1590 views | | 6 replies (last December 10, 2023)
Post ID: @OP+1pYWwoJ3

JC construction

Wells has to be d-mb as sh-t. Electrical starts flickering on the JC building. Mass exodus of employees for the day.why have employees in building when the crews are doing all the re-wiring

JC Construction

The pounding drilling closed bathrooms parking spots taken and more hammering and loud noises Construction workers that act annoyed we are in THEIR way Meetings where we can’t hear and no one can hear us due to the loud noises Headaches and... — read more 

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| 1380 views | | 4 replies (last December 10, 2023)
Post ID: @OP+1pYNzOYu

Wake up to reality

I read articles about employees in Des Moines trying to unionize, and how they think that will motive the company to be more employee centric. That's hilarious! Some of you people are utterly delusional and it is sad. The company got billions in... — read more 

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| 1820 views | | 9 replies (last December 13, 2023)
Post ID: @OP+1pYv9Lbu

are bonuses normalized across similar roles?

Given it seems so much of TVC is based on what you got last year, does HR or anyone do any comparisons to what others in the same role/location/perf are getting and adjust accordingly? Seems ripe for issue especially when all else is equal and some... — read more 

IT&V Reorg?

Anyone hear anything about a reorg in February? Seems like most of the jobs in this group are going to India.

I support Wells Fargo Workers United

I'm not really a "Union" person, per se, but I wholeheartdly support them and their unionization effort simply because Charlie and the board DON'T want it. So for that, I am 200% on board and I hope to god that they are successful.

Risk Town Hall

Half the Town Hall was DF telling us what he's reading and what his Christmas plans are. Loved his response to the question on employees being disengaged, sounds like he'll address it with performance improvement, because nothing like fear of being... — read more 

US Shift Work Being Discussed

The possibility of US shift work to better align with India is getting discussion at Hudson Yards. I can't wait for this.

If WF prioritized HR

Productivity will go up, increasing shareholder value Innovation would happen more frequently, increasing shareholder value Employees will know their value to WF and vice versa (to bolster the next point) Headcount add/removes can happen in... — read more 

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| 1070 views | | 3 replies (last December 8, 2023)
Post ID: @OP+1pXMkCSL

I left.

I left Wells Fargo after nearly 10 grueling years. I’d worked in multiple areas of the company and had always been fearing that my role would be eliminated. This company truly gets worse every day. Ethics are non-existent and leadership strives to... — read more 

Bad Review

I got a mid-year review, after I filed for a short-term disability for a major surgery. I don’t care my health is more important but it hurts after going beyond and above to learning major coding, which really isn’t in my job description but I... — read more 

"More aggressive" job cuts

Does that mean that what we've been having for the past several years is considered to be mild? Are you kidding me? Chainsaw is truly an appropriate nickname for Charlie.

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