Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Charlie's corner

I stopped over at Charlie's corner and was told if we all want a good chance of internal employment before we get the ax we should all just apply for every single job on Teamworks. It would keep HR very busy! Thanks Charlie!

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| 870 views | | 5 replies (last November 7, 2023)
Post ID: @OP+1psSpOjR

IT&V Layoffs

Supposedly there was around 100 people let go in IT&V, but I haven’t seen it here. Anyone affected?

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| 2320 views | | 9 replies (last November 9, 2023)
Post ID: @OP+1psBosqV

PTO, Displacement, and the end of the year?

So finally got hit with a displacement with a final day in 2024. Question is, do I get paid or for any 2023 PTO over the annual carryover limit? Not getting straight answers from HR and I have +100 hours left. Please no conjecture, this... — read more 

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| 2310 views | | 6 replies (last November 7, 2023)
Post ID: @OP+1psvOnP0

Best friend at work

Notice how survey doesn't include morale-related questions anymore? It's because all your friends are beIng LAID OFF. Five best colleagues let go in the past 3 weeks. And, yes, I know no one cares, because it's all part of the soul-crushing... — read more 

TKs weekly updates vs SVBs

SVB wrote a novel each week and gave good insight into what he was actually doing, like meeting with the board, with OC, other partners, important risk committee things, etc. Looking back, was actually nice. Now we get nothing from TK. What does she... — read more 

Chainsaw competition with our friends at Citi

Looks like Chainsaw Frazier at the near failed Citi is looking to overthrow Shart as the banking cut chopper. Do you think Shart will let this happen or will he up his cuts to stay ahead of Frazier? For those confused just google Frazier citi job... — read more 

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| 1100 views | | 2 replies (last November 8, 2023)
Post ID: @OP+1psQ2Lmb

Dotted line reporting?

Does anyone else have a dotted line reporting structure? Presently, I find myself having to handle the incompetence of two individuals instead of just one. The existence of dotted line reporting seems utterly nonsensical. It brings to mind the... — read more 

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| 1350 views | | 9 replies (last November 7, 2023)
Post ID: @OP+1pr1JZ8S

Harassment in Tech

Any suggestions - Lawyer names ? Internal reporting has not helped even after escalating. Perhaps I should have known that never works.

Merit

What are we hearing on the yearly increase this year? Seriously question… a--hat hat answers can post somewhere else….

Wells Fargo is

Profits above reputation Profits above common decency Profits above effective leadership Profits above common sense Profits above it’s Mission Statement Profits above longer-term success Profits above a healthy culture Profits above credibility... — read more 

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| 890 views | | 6 replies (last November 3, 2023)
Post ID: @OP+1ppaFrq3

"Most Innovative Women in Cybersecurity"

"Most Innovative Women in Cybersecurity" Are you kidding me? The only thing this person has innovated is a way to talk her way out of answering any questions from anyone. https://cyberdefenseawards.com/top-infosec-innovators-for-2023/

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| 1210 views | | 7 replies (last November 6, 2023)
Post ID: @OP+1pptW8Zc

WellsTrade - hahahaha

Wells Trade, what a bunch of “always late” losers… This year we’ve launched several new features in your WellsTrade® account that make it easier to invest on your own in the Wells Fargo Mobile® app: Trade stocks and ETFs for $0 per online trade1 and... — read more 

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| 1210 views | | 6 replies (last November 5, 2023)
Post ID: @OP+1poibhqM

Charade you are!

During a Town Hall session today, the host and majority of her team conducted their on camera portion remotely, while only a small number of individuals talking were physically present in the office. This situation is truly disappointing and... — read more 

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| 1910 views | | 9 replies (last November 3, 2023)
Post ID: @OP+1poYh2Fc

How will AI change banking?

What will be an impact on Wells Fargo? What positions will be affected the most and is it going to result in big layoffs?

4 Days in Office coming

We were told to start coming in 4 days per week today(Commercial Banking Group) and eventually it will be 5 days. I am guessing they will cut access to wfH once 5 days per week mandate is implemented.

layoffs even though company doing well?

I've always been confused by this and maybe someone who knows more about hiring/budgeting can clarify. Why do companies so often lay people off even when the company is doing well (as wells fargo is). I can understand there are instances where... — read more 

MEPE All Hands irony 11/2

DM: "I want to emphasize, per Kleber, that Enterprise functions can sit ANYWHERE." (figuratively, I realize) Irony: "Oh, OK... so it's just the people that can't. Got it." WF is synonymous w/hypocrisy.

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| 1480 views | | 3 replies (last November 3, 2023)
Post ID: @OP+1posqOsM

7 simple steps to start a union

Talk to your coworkers. The first step is straightforward: Talk to your coworkers and find out what they think about the workplace. Find a union and build an organizing committee. A traditional union—sometimes called a trade union or labor... — read more 

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| 910 views | | 15 replies (last November 2, 2023)
Post ID: @OP+1pnyVufD

Location startegy

Do we know if the location strategy cities is LOB specific e.g. CSBB hubs, meaning all orgs within CSBB have the same hub. or if different orgs within the LOB have its own subset from the LOB city list. Thanks.

Charlie’s Corner

Every time time I open Teamworks and see “Should I be liked or respected? Both.” in Charlie’s corner, all I hear in my head is Michael Scott saying “would I rather be feared or loved? Both. I want people to fear how much the love me.” Does Charlie... — read more 

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| 970 views | | 4 replies (last November 1, 2023)
Post ID: @OP+1pnn3INZ

Our CEO is no business genius

We are not experiencing exemplary executive leadership here. There is no thinking outside the box, no seeing the big picture, no seeing things differently, no connecting the unconnected, no challenging convention, no looking for new opportunities... — read more 

More banking layoffs

https://sfstandard.com/2023/10/31/san-francisco-bay-area-layoffs-bank-slashes-jobs/ (BMO bought Bank of the West)

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| 1122 views | | no replies yet
Post ID: @OP+1pnwJN1P

New EFT CIO

incoming from Truist forms pov by being influenced by the peers vs listening to the leaders that are inherited quick wins at the expense of reduction in force irrespective of biz impact expect huge cuts

Hudson yards / layoffs

Why is wells laying people off and then buying up additional space in Hudson yards ? Lay people off in low cost areas and then hire in high cost locations ?

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| 1790 views | | 9 replies (last November 1, 2023)
Post ID: @OP+1pmXZliM

Gone for a year- how is Finance LOB?

Long time team member here that was let go last year in the early rounds of HUB location layoffs. I was in the CFO/corporate fp&a LOB. I'm amazed at the level of disfunction described on this board and in the media. How is it in finance these... — read more 

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| 1450 views | | 7 replies (last November 1, 2023)
Post ID: @OP+1pmkcTlR

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