Wells Fargo to lay off 500+ SC employees, close Columbia office, state report shows https://www.thestate.com/news/local/article280033674.html behind paywall: https://archive.ph/25PKX#selection-1051.19-1051.102

Charlie’s “strategy” is an obvious fail. Shareholders agree. What’s the point behind all the damage and and chaos he’s leaving in his wake?? Shareholders should pressure our Board of Directors to put him out on the curb.

“Wells Fargo & Co. is planning to spend $550 million to acquire 400,000 feet of retail space in New York City’s Hudson Yards and convert it into office space in one of the largest commercial real estate deals this year in the Big Apple, Bloomberg... — read more 

Prove me wrong.

The thousands of layoffs scheduled for today have been postponed due to Charlie not having gas for his chainsaw. His chauffeur took him to the gas station but he didn’t know how to put gas in it. He plans to watch a youtube video to learn tonight... — read more 

If impacted by a layoff today, please list location and line of business on this thread.

I’ve monitored this site for 2 years and just like death and taxes, the mass layoff in October is a given. WF has laid off and will continue to, Im not convinced it’s on the to the point that people hype it to be. Anyone who has been laid off or... — read more 

For those impacted by October layoffs. Tell’em why you mad! And details on layoff please. Job Location: YOE(years of experience): LOB: FTE/remote/contractor: Rant(optional) (tell them why you mad!): Don’t provide any information that could... — read more 

I know it's still early, but I'm a nervous wreck over here.

So I received an email from CPG addressed to employees that visit/occasionally use the Ballantyne Brigham building on the south side of town, which I do. Apparently they are closing the Fort Mill SC buildings and attempting to relocate those... — read more 

It is coming folks. Brace yourselvez

or in the near future. Take a breath and then crank up the music and dance. I so wish they would take volunteers. Trust the door is closing for a better opportunity waiting to come in.

The rational by leadership for the layoffs, and how we'll be more efficient in the office, can be found midway in the article. https://www.thestate.com/news/local/article280033674.html

I post this because we all know CS is a J Dimon wannabe clone. Since he’s never had an original thought and AI is moving faster than our lazy government, this is inevitable here at WF. I realize we already use AI-don’t come for me. :) JPMorgan boss... — read more 

I supplement income with driving for Uber eats. If laid off, can I still do deliveries during an assumed non working notice period? Just trying to plan for worst case scenario

Buckle up. Significant numbers this time across CSBB, Tech, Risk and others. Especially “remote” workers and those who haven’t met RTO quotas.

https://www.dailymail.co.uk/news/article-12577517/Wells-Fargo-executive-46-jumped-death-banks-Delaware-offices-leaving-shocked-family-searching-answers.html#reader-comments EVERY Town Hall and C-suite AMA question should be about this. We need to be... — read more 

High scores in these traits, when found together, have been found to statistically increase a person's likelihood to commit crimes, cause social distress, and create severe problems for organizations, especially if they are in leadership... — read more 

How long are shareholders going to put up with Charlie at the helm? How long are Regulators going to put up with Charlie at the helm? As someone else said, “How can you prove yourself trustworthy, when you are willing to harm your own employees and... — read more 

Been hearing that there will be a round of RM layoffs on 10/17. Seems Charlie is not happy with CB leadership on efficiency ratio, well behind budget. Also hearing DE's to expand their territories, reducing the number of DE's in footprint. Cuts to be... — read more 

https://www.newsbreak.com/news/3176454871687-under-stress-wells-fargo-executive-jumped-to-his-death-from-top-of-delaware-offices-report?noAds=1&_f=app_share&s=i6

Cut the Retail sales consultant positions on the mortgage side. These people are over paid and due nothing. Our RSC travels all over with her boyfriend and says she is working. She gives zero support to sales. Is he attends no sales meetings... — read more 

There are so many of the wrong people in leadership from the c-suite starting from the top all the way down to mid-level managers. I truly think leadership has given up. My team has horrible annual survey results every year and morale is at an all... — read more 

To y'all posting on this site, in December: https://www.reuters.com/business/finance/big-us-bank-ceos-be-grilled-by-congress-consumer-social-issues-2022-09-19/ There will be another congressional hearing soon for big bank CEOs. They will be on the... — read more 

A Truist Bank thread on an Exec that was pushed out - he landed here at WFC... https://www.thelayoff.com/t/1oMRaSln or @OP+1oMRaSln

Tuesday's the big day

Clearly tech is about to see big cuts. I have an ADA-covered mental health condition that I have not mentioned to WF in the past. Is there any benefit to mentioning it now? If so, is it just a matter of logging onto Teamworks and finding the... — read more 

New head of WF Premier that Saul hired - just curious if anyone knows much about him?

https://www.dailymail.co.uk/news/article-12577517/Wells-Fargo-executive-46-jumped-death-banks-Delaware-offices-leaving-shocked-family-searching-answers.html#reader-comments WF then proceeded to scrub it from this site and have WF minions call those... — read more 

Exec, Greg Beckett committed su----e due to stress and Scott Powell makes ridiculous remarks. Shows why Mr. Powell should be fired ASAP. WF continues to be more hated every day. Controls, Cybersecurity, etc. are all filled with buffoons and led by... — read more 

Branch Banking: Does anyone have some insight on why Wells Fargo is so insistent that our many ‘outreach calls’ are just ‘service calls’. I have pointed this out to upper management and the only addressing is that if someone’s profile list them on... — read more 

In my dream, Wells Fargo Hudson Yards is raided and they walk out our CEO and his top executives for failure to turn the bank around. The Feds bring in a brilliant new CEO who has 5 years to turn the bank around, or Wells will be dissolved. The... — read more 

https://www.wsj.com/business/greg-becketts-life-seemed-to-be-going-well-then-he-ended-it-at-work-e9417662 Greg Beckett texted his girlfriend one Thursday evening in January. He was working late, he told her—eat dinner without him. “I was told to... — read more 

I did an advanced search on Teamworks for City=Remote and State=Mine, saw a fton of remote folks. I mean, if I have to RTO there's no way these many people have exceptions. This is bs

This individual, SG, is nothing short of a joke. Can we really take these emails sent at 4pm on a Friday seriously? I have a suggestion - why don't we see the numbers from before and after SG took over for a year? I bet this guy has spent more money... — read more 

I would have said much lower, but Glassdoor started in 2007, so I’m guessing this figure goes back to include Stumpf (for 9 years pre-scandal), Sloan and Parker. Glassdoor should start with fresh data once a new CEO comes on board.. Or better... — read more 

Funny how people potentially concerned about losing their jobs are hearing it being described as "saves" by mgmt. If I'm given the boot, who is saving who?

Swipe and stay for 4 hours still good, right? 3 days a week

Anyone get moved to a new team due to manager being displaced only to then themselves be displaced within a few weeks or the next 2-3 months? I was hoping for displacement but would have expected it to come at the same time as manager was displaced... — read more