Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

AI review of the latest scandals at Wells Fargo

Prompt: What are the 3 current scandals at Wells Fargo. do not include the fake account scandal in 2016. Please give a list containing date reported, scandal description, Well's response information. Also give a description of what the regulator... — read more 

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| 941 views | | 1 reply (September 24, 2023)
Post ID: @OP+1oKwSd0B

Is South Dakota Next???

So this last year they moved everyone out of 2 of the smaller office buildings and brought them over to the big office. They also got rid of some furniture in the building (such as a huge glass cabinet as one example). They have been micro managing... — read more 

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| 1960 views | | 10 replies (last September 27, 2023)
Post ID: @OP+1oKM3Efe

Non hub and remote

What is the rumor on the timeline to layoff the rest of the non-hub remote employees? Gone by Q4, 2024?

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| 2520 views | | 17 replies (last September 27, 2023)
Post ID: @OP+1oKtO1zT

Imagine if Wells Fargo workers were smart enough to join forces, and strike or walk out for several days or weeks….

Daley: “How do I post updates on Tweeter?” Mike S: “What are these people in India actually DOING that keeps the bank functioning?” How do I even get ahold of them - what # do I dial?? Yes I KNOW I’m CFO but I never took accounting!!” Darrel C:... — read more 

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| 1030 views | | 13 replies (last September 25, 2023)
Post ID: @OP+1oKaAt7f

Insurance Provider Change

Rumor has it we are getting new providers next year; does anyone have any insight on Anthem change? I really do not want to switch drs.

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| 1630 views | | 7 replies (last September 25, 2023)
Post ID: @OP+1oKxMX3W

F this place

Would rather work in a chicken processing plant than this place. The way they treat their employees is disgusting. No loyalty or respect for people that dedicated their lives for working in this he$l hole. We had to stand up and defend all the... — read more 

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| 1660 views | | 18 replies (last September 24, 2023)
Post ID: @OP+1oKLnsF3

THE TRUTH - PAY ATTENTION SHAREHOLDERS

Layoff’s will continue through October. 10/3 will be similar to this last round. Let’s talk facts! Since Q4 2022 there have been 37, 000+ US Domestic Full Time Employees displaced(offshored). HOWEVER, they strategically control the headcount... — read more 

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| 2890 views | | 27 replies (last September 23, 2023)
Post ID: @OP+1oJKQqyi

How is this all flying under the radar

https://newsroom.wf.com/English/news-releases/news-release-details/2023/Thomas-R.-Nides-to-Join-Wells-Fargo-as-Vice-Chairman/default.aspx

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| 1550 views | | 7 replies (last September 23, 2023)
Post ID: @OP+1oJY39FD

Remote

People's ability to work remotely from home is being revoked. I am now required to go into an office three days a week. This change may soon affect your job, unless you are a manager. Managers are allowed to remain remote and avoid collaborating with... — read more 

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| 3010 views | | 34 replies (last September 24, 2023)
Post ID: @OP+1oJOqKkJ

I've never seen morale this low across all departments

One of the "advantages" of our RTO initiative is that it has enabled me to connect with various business units and teams. However, I've noticed a significant amount of negativity being expressed by teams outside of my own when I'm in the break room... — read more 

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| 1930 views | | 14 replies (last September 25, 2023)
Post ID: @OP+1oJgmpQZ

Severance plan changes?

Has anyone else heard of severance plan changes coming in 2024? I heard a rumor that the benefit is being cut in half, so only being paid out 1 week for each year of service.

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| 3850 views | | 20 replies (last September 25, 2024)
Post ID: @OP+1oJ3mVmW

Wells Fargo Survivor. Outwit. Outplay. Outlast.

Know more than your boss - that’s not too difficult these days. Become the expert. Reverse the boss and subordinate role. Knowledge is power. They want us to collaborate, right? Create a coalition. Cultivate relationships and then use your... — read more 

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| 1280 views | | 15 replies (last September 25, 2023)
Post ID: @OP+1oJJVaAH

RCSA Contract Role

So i’ve seen multiple emails regarding immediate hiring for RCSA contract roles for 52.00-60.00 an hour. Do not accept this rate; they are desperate for help bc all their FTE’s have quit or are burned out. Listen do not accept anything less than... — read more 

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| 2040 views | | 12 replies (last September 25, 2023)
Post ID: @OP+1oJj01fk

Tom Nides; Diplomat and Next CEO?

A new Vice Chairman role has been created. Tom will be a close advisor to Charlie on a range of issues, and is suited for the role as as a former top diplomat, and his financial background. The winds of change are blowing.

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| 2710 views | | 15 replies (last September 24, 2023)
Post ID: @OP+1oJYKn7O

Things will get worse before they get better

If you work in banking, I'd recommend exiting the industry as soon as you can. The economy, inflation, and geopolitical environment is not going to be better anytime in future, and banks will continue to squeeze costs and reduce staff. Don't put... — read more 

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| 1690 views | | 16 replies (last September 24, 2023)
Post ID: @OP+1oJf93we

Consider Joining the Union. Hear me out.

Hopefully you are looking for another job, but if you want or need to stay - join the Union. I can’t think of another way to say this: Charlie is Fu----g you over in every way possible: boiling the frog, as they say. Can’t you feel the momentum... — read more 

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| 1210 views | | 23 replies (last September 23, 2023)
Post ID: @OP+1oJM1HWM

Manager point of view

I want to lay this out because I read a lot of comments here from WF employees and at times I feel that there is some misconceptions about your managers. I have been a manager for a long time with WF. Like most of you, I have also experienced a... — read more 

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| 3740 views | | 33 replies (last September 24, 2023)
Post ID: @OP+1oJVIdeV

WF employees under CS

Let’s see all of goodies given to us grunt workers since chainsaw joined constant threat of layoffs yearly payout of 401k match or nothing if laid off before 12/15 meets is now the new exceeds RTO - don’t get me started on this subject... — read more 

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| 1970 views | | 17 replies (last September 25, 2023)
Post ID: @OP+1oI44FqE

“Officer Titles”?

20th name change without a pay increase in 10 years. Thanks Bei Ling.😂

October is a good month for layoffs

Brrrrr, brrrr, what's that sound?! Chainsaw Charlie running his Stihl chainsaw. Lots of old wood gonna be cut in October. More staff reductions. I know you fantasize about him retiring but it's not gonna happen.

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| 1580 views | | 8 replies (last September 22, 2023)
Post ID: @OP+1oIzZqjw

Does Wells Fargo ever admit wrongdoing?

They are always dodgy when paying out Billions for lawsuits. “Wells Fargo denies all allegations.” “Wells Fargo settles without admitting or denying allegations.” “We are happy to finally have this behind us.” Customers want to hear... — read more 

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| 900 views | | 14 replies (last September 23, 2023)
Post ID: @OP+1oIgtFh6

Another settlement

Laid off tow years ago (and very happy about it)....the settlement checks keep coming. What do you know about Scorby vs WF? I see something coming in the mail today and was wondering if anyone knows details? Thx

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| 3090 views | | 9 replies (last October 7, 2023)
Post ID: @OP+1oIHMhqz

Cloud certification or die!

Anyone have solid info on the cloud certification they are pushing on everyone in tech? If we don't get that certification complete by the EOY are we toast? Thanks for any info

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| 1510 views | | 12 replies (last September 22, 2023)
Post ID: @OP+1oIxIT6w

Sorry for those impacted

I am sorry to hear of the layoffs. But take a beat and look for the silver lining…. Sometimes you know you should make a move and for whatever reason you don’t. Some doors NEED to close to get you to move. In the upcoming days look at the big... — read more 

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| 1080 views | | 4 replies (last September 23, 2023)
Post ID: @OP+1oI0uRN8

SVB next CEO in line.

My prediction is that SVB will become the next CEO in October. Vote up if you agree Vote down if you disagree

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| 2740 views | | 25 replies (last September 23, 2023)
Post ID: @OP+1oIJq6ke

Layoffs

A lot of what is being reported is inaccurate. Layoffs are part of corporate life. And much is not forecasted. As is here. So don’t panic. Relax.

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| 1830 views | | 10 replies (last September 23, 2023)
Post ID: @OP+1oI8OX86

Tech layoffs

Happening.

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| 2090 views | | 9 replies (last September 23, 2023)
Post ID: @OP+1oImyckl

If given a 60 day non working notice

Can we still do benefit elections in open enrollment? I will have about 6 months on severance and was planning on changing my plan this year. Will I still be able to?

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| 1270 views | | 4 replies (last September 21, 2023)
Post ID: @OP+1oHvX8bL

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