LOB leads and managers in Billings were displaced today. All on-site LOB were sent to EO without a pay increase.

Reuters If you want to understand why the United Auto Workers union has evidently won its strikes against Detroit’s Big Three, it helps to return to the work of a 20th-century economist named Richard Lester. Lester, a longtime Princeton... — read more 

CDEP = Consumer Data Engagement Platforms (aka marketing data)

There so many folks working on a Fake identity, got hired on Fake/bloated resumes specially in risk and analytics side. Hope those get laid off and hardworking employees remains with the bank.

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Dreading tomorrow 🥲 hope there isn’t anymore layoffs in my department

Some departments are doing pre-notice. Whether it be 2 weeks or longer, while other departments are getting same day 60 non working notice. It's happening and I'm tired of people denying it and making jokes about it. You may think it's not... — read more 

Has anyone recently begun performance discussions with their manager? It was my understanding that performance discussions for 2023 would not commence until 2024. I received a message from my manager for a performance discussion. I think it is... — read more 

Yikes. https://mol.im/a/12688785

UAW struck a deal with Ford and GM. 30% pay raise over the next 4 years. These people will also retire with a pension on top of their 401. Most/all union holdouts on this board aren't even considering what a union would look like at WF in... — read more 

What do you think Charlie is most afraid of?😱 https://betterbanks.org/wfwu Wells Fargo Workers United We are Wells Fargo employees forming a union to improve our working conditions; 
making a better Wells Fargo for workers & customers. Proper... — read more 

In the retail bank with the district managers. Assuming this is for more than just one district does anyone know what’s going on??

Looks like Tom Nides only lasted in his roll for less than two months. https://www.wsj.com/livecoverage/stock-market-today-dow-jones-10-27-2023/card/wells-fargo-vice-chairman-tom-nides-leaves-after-one-month-to-focus-on-israel-NC7TUG0GIGrHYVrXeLD6 — read more 

Has anyone who was laid off received a reference from their mgr. for new job outside WF? Or has mgr. seemed reluctant to be a reference? Day I received layoff call from mgr. I asked if he would be a reference...gave some BS word salad rant... — read more 

Over or under being the biggest day in cuts of the year?

Look up on Youtube: Cure for Toxic Workplaces: WBI by The Workplace Bullying Institute-WBI. It describes life here to a tee.

So a displaced employee I let go in August with the 60 day period, was on the payroll after Sept. 30 so is bonus eligible, not prorated. If I quit this week do I get a bonus? I tried calling HR this week to ask, don't ask how awful that run around... — read more 

Vice Chairman Thomas R. Nides to Leave Wells Fargo and William M. Daley to Return to Prior Role Are you telling me Charlie can’t run this bank without a Public Affairs Consultant?? It was Daley who roped us into donating $60 Million to an... — read more 

Does anyone know how long it normally takes for Wells Fargo to extend an offer after the final interview! What are peoples experience?

Just like BYOD ushered in taking away corp cell phones (except in CA, of course), VDI and those stations in the office are setting the stage for them taking back corp laptops. They’ll say you can work in the office if you don’t want to buy a laptop... — read more 

Look up your local bank address and read reviews from customers. Most banks rated a 2 of 5 stars. Apparently our customers think very low of the banks. The dress codes if employees is pathetic.

Does anyone know when bonus pools are determined for 2023? In addition, when is comp technically locked where your manager can’t adjust it anymore.

Oh gee now all the TK direct notes about focus on stability. You think? Can we finally just focus on core tech vs all the garbage distractions with DEI (sorry, TB), RTO, and making India feel included as they take our jobs? If you want stability... — read more 

It is not my job to make up for the fact that you have eliminated 40,000 employees and there are not enough people to keep this company running properly, and I will not destroy my mind and body to compensate for your mismanagement.

It will be announced in the next few weeks that a new standard will be implemented, requiring employees to work in the office for four days a week and mandating their presence at their designated location. Of course there will be individual’s exempt... — read more 

Seems that Leo got dinged for security violations. Could that be the underlying cause of the hard freeze on change requests we’re experiencing now? Leo’s cheer section insists that WXPS is working immediately followed by David’s report on the WAVE... — read more 

How y'all liking this new jalopy of a system to replace SHRP IM?

If you tried to print today and got denied and see a pop-up, you were most likely added to a deny print group as you’re on a list for dismissal. Several hundred affected. It’s coming soon!

We hopefully can agree that Agile methodologies originally served to allow software code for products and features (net-new, patching, etc) to deliver to market more expediently. Now that Agile has fully matured and evolved into all facets of... — read more 

What exactly happened yesterday?

It is highway robbery that big banks are still paying minimal interest rates on the cash left sitting in checking accounts, which most people need to manage everyday expenses Wells pays .10% interest. I read an article in High-Yield Savings... — read more 

Looks like they spent a little under 2 billion in buybacks this past quarter. Reducing shares outstanding by 44 million. Which seems kinda light when they allocated about 7.5 billion per quarter. X dividend is set for Nov 3rd I see as well announced... — read more 

I hope whoever was impacted by layoffs to have better opportunities than Wells Fargo. I am posting here as I am curious what areas were hit the hardest by layoffs and if anyone has knowledge to prep us for our next transition. If you were laid off... — read more 

Sure this has been asked but couldn't find it

Expecting an offer for internal lateral move. Should I be concerned about the move in 4Q? Thanks.

Anyone else attend this bs waste of time. Really enjoy being told that I&P is the destination and not just part of the team, aka offshoring all our jobs. Along with saying that all our US jobs are low skill and anyone can do them since all we do... — read more 

I miss y'all, and the building. It was fun there. Wish you all the best!

Anyone hear anything honest about the employee survey results?