Any mortgage layoffs today?
Don't buy into hustle culture
Been a quiet quitter my whole career if that means setting boundaries, putting my well-being and time first and recognizing I’m an expense to be managed by executives in finance. Work is a business arrangement-as long as I add value to the company... — read more
Can the WF track me through the camera on my laptop?
What do you think, are they advanced enough to track me through the camera? What about when my laptop is put to sleep or shut off?
Tuesday after payday
Will there be more layoffs today? What departments? What cities?
Anything new happening with mortgage?
The new comp plan is out in Oct I think? Wonder if it’s gonna be a big change? Is Charlie gonna try to axe all the big bankers in big markets that make north of $1M each year?
CEO of year award
Charlie has done such a great job turning around Wells Fargo, fixing issues, reducing headcount and driving efficiencies, he should get CEO of the Year Award. He's cut so much fat and dead wood there that takes courage and foresight.
General wondering
Question. If Wells Fargo are laying off remote workers outside of hubs. Myself being one of them) then why so many job postings offering remote work ? I was told displaced due to location. And no I was not quit quiting. I gave this company my... — read more
They filmed a day at WF
https://www.facebook.com/reel/602360075310617?mibextid=PHvK42
Wells Fargo’s latest layoffs may signal bank is on the mend
Wells Fargo & Co. is cutting more than 300 jobs in one area of the bank where cutbacks may signal good news: complaints and remediations. The San Francisco bank (NYSE: WFC) is cutting 316 jobs in the Portland suburb of Hillsboro... — read more
a-us-bank-says-sensitive-customer-data-has-been-compromised-in-global-cybersecurity-breach
https://dailyhodl.com/2023/09/01/a-us-bank-says-sensitive-customer-data-has-been-compromised-in-global-cybersecurity-breach/amp/
Impact of AI on average WF worker
When will the average office worker at WF have access to AI tools to be more productive? I see lots of cool new tools and capabilities out there, but as usual, WF will be slow to adopt them. Does anyone have insights on the timetable for rolling some... — read more
St Louis so called managers are a joke
It’s mind boggling how so many uneducated, clueless, just plain stupid check cashiers hold their positions. It’s just shameful how these losers are running operations. It’s really pathetic! Low class people with no skills!!!!
Disgraced Wells Fargo exec Carrie Tolstedt faces a year in prison over bogus accounts scandal as prosecutors urge judge to send corporate crooks
Disgraced Wells Fargo exec Carrie Tolstedt faces a year in prison over bogus accounts scandal as prosecutors urge judge to send corporate crooks 'a clear message.' Former Wells Fargo exec Carrie L. Tolstedt faces sentencing on September 15 ... — read more
Finally realized why most of the middle managers in Charlotte su-k....
A lot of people moved to Charlotte within the past 10 years as it had a lower cost of living than most other places. They were initially in other industries, ie: working on the corporate side at places like Lowes, as a Project Manager or something... — read more
Who is actually steering this fiasco??
Who is ultimately behind the direction the bank is being taken? Is it Charlie? Is it the Chairman of the Board? The Board? Is it regulators? If it’s Charlie - it’s concerning, at best, that a Top 5 Bank is being driven to mediocrity by the only... — read more
What happened to Tech RTO forthcoming guidelines?
Tali’s email said that additional guidance would be sent, but I’ve seen nothing and my manager hasn’t received anything either. Product teams were apparently going to be forced to go in on specific days so we could all “collaborate” in person (aka... — read more
Why not just lay us all off?
Doesn’t seem like there’s much interest in actually growing the business anyway. I’d rather have the certainty of severance than the mindf&$k of working here wondering if or when it’s my time. I spoke with an old boss who is in a completely... — read more
September 5th Layoff non pay week?
Any word on Layoffs this upcoming Tuesday September 5th, a non pay week?
RTO - Parking is very expensive
I am ok with RTO - but the parking is very expensive almost $90 p.m. Is parking so expensive? This is not SF or NY or similar big city downtown.
AI and WFH
https://www.msn.com/en-us/money/careers/it-will-be-easier-to-replace-fully-remote-jobs-with-ai-a-leading-wfh-expert-says/ar-AA1g6kv6?ocid=hpmsn&cvid=7cb94742b0ef47e9adae2d4484bb3000&ei=8
Anyone else confused by those doing more than the bare minimum?
I get my assigned work done and then log out after the required 6 hours in office . Why would I do more for a ‘meets’ and pathetic raise/bonus? Hard work is only rewarded with more hard work around here.
WF needs 360° performance reviews
Until performance of mgrs is based on how well they manage DOWN as well as up, this place is a joke. It says a lot about WF that the CEO and mgrs disregard staff. Destined to fail.
Non Hubs
I've have viewed posts speculating on certain locations such as Glen Allen, Virginia. Has there been any information around Concord California or Las Vegas locations?
401k loans after displacement
so i'll start by saying i know a 401k loan isn't a wise decision but circumstances couldn't be helped. i'm on a team that is about 95% certain we are being displaced - they are sending our work to India. does anyone know how the 401k loan goes w/... — read more
Decoding Charlie: What he says vs what he means
“I have the privilege to serve as the CEO and President of Wells Fargo” TRUTH: I am going to make everyone at Wells Fargo pay the price for my disappointment in not succeeding Jamie Dimon. “I look forward to sharing with you the many ways in... — read more
Dear I heard Tech is Affected
Dear I heard Tech is Affected, Your recurring comment "I heard tech is affected" has not gone unnoticed. While humor and banter can be welcome in many spaces, it's crucial to recognize when a joke has run its course, especially on a professional... — read more
Does your boss like you
tell me
Internal job posting
Has anyone had any experience posting for an internal position prior to being in your current position for the required 12 months. I’m thinking about asking my manager for approval to post out but I’ve only been in this job for 10 months. I wouldn’t... — read more
Oregon layoffs from last week
https://katu.com/renderer/katu/amp/news/local/wells-fargo-to-lay-off-316-washington-county-based-workers-starting-in-october
Watch The Big Short on Netflix
Good movie. Also a great reminder to never underestimate the greed, hubris, ignorance, incompetence and dishonesty of Big Bank executives.
Quiet Cutting
https://www.msn.com/en-us/money/companies/companies-are-now-quiet-cutting-employees/ar-AA1fXlyY?ocid=hpmsn&cvid=31e137c8f9bb4c85844e11d1e30d3406&ei=9
Remote working not gonna last
I sit near a manager in an open air environment. He is continually telling employees who had remote working contracts prior to Covid that those contracts will no longer be honored. If you are remote working with Wells Fargo, I will probably come to... — read more
Question about the number of offshored jobs….
Does anyone have any ideas as to how I could determine the total number of Wells Fargo jobs which are currently offshored to India and the Philippines? Are those the 2 primary locations? And are all offshore workers “Wells Fargo employees”, or are... — read more
IT&V
I am considering taking a new role with a Corporate Risk team called IT&V. Is leadership strong? Is it safe?
Core Market and Key Specialty Market Locations
In past AMAs these core Market and key specialty market terms keep coming up. I wish they could have a list of these markets instead of keeping it hush hush and broadly referring to them. Me, I'd like to know if my location is not one so I can plan... — read more
Instead of posting on this board, try this?
Many of you are rightfully frustrated and demoralized. You work for a company that is laying off people right and left and sending jobs overseas while announcing $30 BILLION dollar stock buybacks. They don't care about you one bit. You're a headcount... — read more
Performance reviews are a dinosaur that needs to go.
The following article explains exactly why Charlie is getting the results he's getting from employees. The cruelty is the... — read more
EffCSandWF
Anyone else quit Wells Fargo and get a letter on the mail from cobra saying they were “terminated?” It’s a good thing I never intend on going back to Wells Fargo, ever. They’re really petty for that one. You didn’t fire me I quit! Wth?! — read more
316 to be laid off in Washington Co. OR
https://katu.com/news/local/wells-fargo-to-lay-off-316-washington-county-based-workers-starting-in-october
Stock buybacks benefit CS & Co 👇🏻 and still failed
https://twitter.com/RBReich/status/1697036479967457283?s=20