Stock up or down 5% after tomorrow?

Simply can’t believe how much medical has gone up and value of plans down. Meanwhile, Shart and OC collecting multi millions and using saved funds from sticking it to us on their buy backs which are then used to fund their new stock grants. And we... — read more 

I have no idea how we keep the lights on other than sheer brute force. The layers of stupid that exist that we deal with continues to surprise me every day. It's on all sides of the fence here. Stateside and Off-Shore. Nothing is ever your problem... — read more 

.....all the dead wood. So much dead wood at this place

If you notify HR of starting a new job during 60-day notice period, you forfeit all remaining pay/severance. Would they know if you quietly accepted another job? Any downside to doing this? Anyone done it?

Has anyone heard about a big debit card debacle. Seems WF is keeping it quiet.

The CEO-for-rent will face a monumental challenge turning around Wells Fargo, but perhaps not as bleak a landscape for profit margins; Is the RIA free ride coming to an end? Author Brooke Southall September 30, 2019 at 8:06 PM Career hopscotching... — read more 

Tell us about your story of not having much work (for years). Tell us about your quiet quitting experience. I get a paycheck but that is about it. Maybe 3 hours a week of work. It is managements problem not mine at this point.

I thought I read that if you are laidoff after September 30, then you are still eligible for the bonus. Is that not true? Also, does WF still give you the $800 towards your health care when you are in the severance period? How about if you are in the... — read more 

My entire division is going to be laid off, but has no idea when. So frustrating to be faced w/benefits election and having no idea what to choose bc you can't plan for the future. No idea for FSAs amounts, etc. Planning for a week, a month, 4... — read more 

You have no business being a director!

Does anyone know if WFH allowed during the Holiday weeks?

New to the board. Idk what Hudson yards is, so frequently referred to here. I am curious!

WF reverting to the Pinto/Yugo of healthcare plans and providers. Gutted benefits and making us pay much more, especially those above $100K and below $251K. Please tell us how much you care about employees. Our raises are well below cost of living... — read more 

This company sti!nķs!

WELLS FARGO DOING Gets It Done We're the bank of putting profits over people. The bank of rolling up our sleeves and making your money our own. We're the bank of talking the talk and taking advantage. That’s the Bank of DOING. 🏡 Housing 🌱 ... — read more 

I love how the firm sends out an email yesterday about 2024 annual enrollment along with links to plan info including new health plans but all the links go to 2023 plan info. Who tests this stuff before releasing to the entire company?

Wells Fargo writes $204K check after man sues over frozen bank account The lawsuit in North Carolina claimed a man was unable to pay his mortgage because Wells Fargo wouldn't unfreeze his bank... — read more 

who will push Charlie hard for specifics regarding progress on the outstanding consent orders and the Asset Cap. Shareholders have a right to know - truthfully no information is more important than a timeline regarding the cap on our growth. ... — read more 

Group / location

We haven’t seen Guy Smiley since his post Covid tour.

I know in Teamworks today the total headcount is 236,076. How do you see the number of U.S employees only? Thank you.

https://wallstreetonparade.com/2023/10/after-getting-the-largest-bailout-in-u-s-history-in-2008-85-5-percent-of-the-1-34-trillion-in-deposits-at-citigroups-citibank-lack-fdic-insurance-today/ So just wondering if the layoffs are directly tied to the... — read more 

And what a great day to have it on, Friday 13. The management will be more than happy to make up for bad results with more layoffs. Actually, Charlie has proven again and again that even good results don't protect us from layoffs, so cuts if/when the... — read more 

Mortgage just announced they are no longer doing manufactured homes. The shut down continues. Charlie is ki-ling mortgage one step at a time. The bank is next.

They were found to be scathingly negligent during Stumpf. Resisted accountability during Sloan. The Board’s Chair quit in 2020, ahead of a critical Congressional hearing, while working side-by-side with Scharf. *Reflecting an undeniable... — read more 

Any insight on the accuracy of the role/title mapping below? I’m a P4 and VP, looks like no change? M1 as Sr AVP seems a bit much imo P1- Analyst P2- Assistant VP P3- Senior Assistant VP P4- VP P5- Executive Director M1- Senior Assistant VP... — read more 

All big banks are cesspools of greed with toxic cultures, ran by narcissists, underregulated and undertaxed.

A mess run by incompetents

Remember when "nothing really happened" on Tuesday 8/8? Yeah, over 1000 people got layed off. All US employees and many of them remote. This will continue until we're all gone.

Doing what?

Late this past September Chief Development Officer and Head of Technology Rich Chung left the bank. No announcement. Just poof* gone. Serious replies only

Everywhere I look, I see employees working hard to contribute to the bottom line and demonstrating a sense of ownership. In contrast, many if not most managers are mismanaging resources, adding redundancy, demoralizing employees, and adding... — read more 

Many colleagues went to Ally. One of my well-respected peers did less than a year ago and was just laid off. Another had offer rescinded last week. I'd hoped Ally might be a Plan B option. Oh... — read more 

Friday is a heads down work day. No one should be scheduling meetings. Give it a rest. It can wait until Monday (Tuesday in the case of Columbus Day) when people are fresh and will actually remember what's going on. Aye... 🤦

This isn't the company I thought it was. Anyone else feeling duped in coming to work here? All this talk of wanting "new blood" to turn things around, etc. doesn't seem to hold much water now. No teamwork, people stealing your work & ideas, no... — read more 

I looked up someone in teamworks because I was wondering where they’re located but they don’t show up when I search their name and they don’t show up under their manager’s hierarchy in teamwork’s either. Does that mean something or just a glitch? — read more 

They say people won’t lose existing officer titles but you know that’s not going to be true. Many that worked hard to earn titles will soon see downgrades.

The CEO does not want to admit to having a "location strategy." Stress is mounting in US commercial real estate, with distressed assets surging. This is a large driver for forced return to office (RTO). Everyone knows this now. You should be... — read more