How much money did the company waste on this useless service? Another true disgrace of a decision

Ah, tomorrow is finally upon us, the day you impassioned souls have been eagerly discussing for months. The total inhalation of various remote workers, major hubs (wasn't it 10K in Charlotte?) . This is the moment, folks. Let this be the main thread... — read more 

Title: “Should I be liked or respected?” Both. How’s that going for you, boss?? Charlie is neither liked nor respected by a large majority of employees. I obviously didn’t want to give him the benefit of an extra click on his blog spam (his only... — read more 

Layoffs to the US workforce will continue until the December freeze goes into effect. Until then, More cuts will hit mortgage, CB, Auto, branches, corp risk, technology, and others in remote rolls and non-hub locations. They will also be hitting hub... — read more 

https://www.americanbanker.com/news/wells-fargos-mary-mack-the-exit-interview

How they've convinced us they are a fact of life and we should accept them. And that might be true, but for occasional layoffs, every few years or so. Not constant layoffs that happen every single month. That is not normal and it shouldn't be... — read more 

Whoops! I hung up immediately. Hopefully there's no notification his outlook.... I was going up my chain of reports layer by layer and got to his outlook card. I tried to hover over the yellow dot to see how many months he's been offline and... — read more 

Not surprised to hear from multiple sources that the location/hub strategy won't apply to Saul's team, while the rank and file that REALLY depend on their salaries are cut without mercy or forced to move/uproot families to comply. Shaun McD and C... — read more 

So WF has updated my teammates HR approved med accommodation status to No. (Without informing). Then forced him to return. He didn’t return, they fired him for cause, and the paperwork shows something different. out within days with no pay — read more 

https://www.fox13seattle.com/news/former-wells-fargo-bank-manager-pleads-guilty-to-stealing-1-million-from-elderly-vulnerable-customers

https://riabiz.com/a/2023/10/11/wells-fargo-spins-heads-and-ki-ls-fax-machines-with-radical-plan-to-counter-wealth-management-erosion-by-five-fold-building-of-its-ibd-network-even-it-if-means-cannibalizing-its-own-advisors

Charlie only sounds in-the-know when reading from a script in opening comments. Mike does most of the talking, and the analysts direct most of their questions to Mike - rarely Charlie. Charlie, who knows he should contribute more, clumsily... — read more 

....and punished if you are not? Either with passive aggressive comments, reduced bonus, bad assignments, demoted work tasks, micro aggressions, bad internal references, etc?

Jamie Dimon said Charlie Scharf is creating a formidable competitor in Wells Fargo & Co. 🤣 ——————— ——————— I’m unable to read the rest of this article because of a firewall. Anyone have access to Bloomberg so we can read the rest of this fresh... — read more 

Not that we don't already know this, but I'm listening to the earnings call, CS really takes pleasure in reducing headcount. No empathy at all. we are just expenses that he is working hard to manage down.

In your experience as an employee, how would you rank the order of importance upon which Wells Fargo prioritizes it’s decisions: in the best interests of it’s customers in the best interests of the long term-health of the bank in the best... — read more 

I am wok in an environment where 70% of the individuals are associated with CB Risk. These individuals spend their entire day engaged in conversations, appearing to be highly skilled, yet it appears that they aren’t achieving any tangible results... — read more 

Insurance premiums are up and the coverage is down You have to re-elect this year when in years past it automatically reenrolled - there will be people that aren’t aware of the change and will rely on years past then not have coverage in 2024... — read more 

The lead story under WFC on Yahoo Finance is JPMorgan asserts dominance as profits surge 35%

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