Another interesting blurb on the real reasons for RTO expectations. See Here: https://www.axios.com/local/twin-cities/2023/08/25/target-backlash-remote-work-downtown-minneapolis

Layoffs started in STL office Tuesday. Sounds like more layoffs coming across all HQ offices in next few weeks.

Share your thoughts and musings on todays Ask Me Anything with Saul. I know many do not watch but I like to see and hear the BS directly. It was awkward when he went on about people who want to be anonymous and then how he hopes we can give... — read more 

from yahoo finance https://finance.yahoo.com/news/wells-fargo-overcharged-clients-27-132957553.html (Bloomberg) -- Wells Fargo & Co. has agreed to pay a $35 million penalty to settle allegations that it overcharged more than 10,900 investment... — read more 

https://www.entrepreneur.com/leadership/productivity-is-at-an-all-time-low-because-were-failing/456861 Hits the nail on the head. When I had autonomy, I worked myself to death for this company. Now I spend all my time trying to mitigate the damage... — read more 

Wells Fargo experiencing issues with banking system. Bet CC loves this headline today. Second time in the last two weeks. Another Agile, outsource to India, success story I'm sure.

“Sorry, Bob. I am aware that you are experiencing intermittent issues with my work. I am working diligently to resolve. I apologize for any inconvenience.”

Serious question- they used to leave a piece of paper that said the cubicle was cleaned. Now that is gone, along with cleaning wipes. Also, 7 times out of 10 there is something not working or is missing on the desk - camera, mouse, monitor, chair-... — read more 

Asset Cap going on 6 years with no ETA 2 System issues affecting customers this past month Spending $30 Billion on a stock buyback before they’ve fixed Compliance and Oversight issues Diversity stumbles Costly Lawsuits and violations for... — read more 

Wells Fargo experienced issues with some aspects of its banking system on Thursday night, according to the bank itself and hundreds of complaints on Downdetector, a platform that tracks service outages. Problems ranged from transferring funds to... — read more 

Local news in Seattle: https://www.king5.com/article/money/business/t-mobile-layoff-5000-employees/281-8b4c2a9f-8018-4ca0-8aff-355328f84aaa Platform Coverage:... — read more 

And we have reached the end of the cycle where 1995 cubicles are becoming cool again Took 28 years I am convinced trends somehow happen in 7 year periods 1995-2002 cubicles good 2009-2016 cubicles bad -> open offices good 2016-2023 open... — read more 

Thoughts? Seems like they are automating and leaning towards AI.

SP was supposed to lead the big "update on our transformation" call in March that got cancelled and was never rescheduled, even though they initially said it would be. I haven't seen/heard anything from him ever since. Not that I'm complaining, he's... — read more 

It's been more than 5 years now. When will it be lifted? Charlie does not talk much about this from what I have heard. I thought this was like his main focus. Has he failed?

Has anyone had any success utilizing the displacement services provided by Wells Fargo; Wells Fargo direct support services or Lee Hecht? Seems like LHH services are just reading and video resources that we can locate on our own. A free resume... — read more 

So here we are again. Our division just can't stop entertaining us. I rarely attend. After hours drinks, during hours drinks, snacks, various competitions, professional sporting events with prime seating, and on an on. Team building they call it... — read more 

How many emails do we need about Cultural Naviagtor? Seriously. Don't trust sharing anything with this company. Recommend everyone change their settings to not share with others -- not colleagues, not teams, not administrators -- no one. Everything... — read more 

Have any of you taken the lump sum? Pros and cons ? (Taking the health insurance factor out) Is it taxed hire than the regularly distributed wage ?

"We want to hear from you".... do they? DO THEY REALLY? Or are they just saying that to try and appease us but honestly don't care, won't take any of our thoughts into consideration and it will be a big, morale dampening heaping pile of... — read more 

Wells Fargo announces a $30,000,000,000 Company Stock Buyback and the stock falls 5 points in less than one month? Why? Because the shareholders don’t trust this leadership team any more than employees, regulators and customers do. **An offer... — read more 

I really want to leave WF for greener pastures but where would this be? Not sure I want to remain in the financal industry but would like feedback as to what companies others are interested in. I would love to hear from anyone who has left for... — read more 

The more WF tries to streamline everything, the more redundant and chaotic things become and I think it’s become a big tangled mess including getting paid well to do some very easy stuff

"BMO Financial Group, Wells Fargo and USAA have reported hundreds of layoffs to state officials in recent weeks as the U.S. banking industry continues to downsize." Are these hundreds as a whole, or for each institution? Because while it's clear... — read more 

If Wells Fargo wants to cut jobs get rid of Retail sales consultants and Business execution consultants. We have no sales people left. These people do not even got to any branches to help. Overpaid worthless employees

Front line control org is about to layoff at least 10%. Second line ITV is about to lay off 10%. Cutting expenses prior to getting feedback from regulators. Shipping work to I&P. Audit. A proven circus. Grab the popcorn. This is about to... — read more 

Did you all get laid off or realize this site is toxic.

https://www.ciodive.com/news/compTIA-july-tech-jobs-report-BLS/690033/

The employees?? Please. I think it’s fascinating that Wells is putting so much time, effort and money in to “changing the organizational structure and building a framework to ensure deviant employees are following the rules …yada yada... — read more 

Lets say that WF is forcing people back in the office because the city or state or some government entity is going to give them a tax break Lets say that a worker in a high crime rate is injured going to or home from the office by a criminal That... — read more 

Wells Fargo tech is in big trouble. There have been major outages affecting large numbers of customers. Engineers have too many meetings and no time to be an engineer. Change freezes backing up the pipeline causing more risk. The 2024 tech budget... — read more 

Use this thread to share any info you have on layoffs happening today.

Oooops! Never mind…it’s the #1 Worst- Rated Bank in America according to it’s customers.

Layoffs are never ideal. But, life must go on. The entire company can't be in mourning or overly modest every time someone is laid off. One must compartmentalize to be successful. One must always look forward not backward. That's my advice for... — read more 

can verify came out of mtg - prod support to move 90% offshore q1 next yr. leave skeleton crew 1-2 ppl in US. Offshore staff proved themselves worthier than US counterparts

Looks like demand is low since nobody is proud to work here any more. I threw all my stuff away last year and won’t be displaying anything. Hope it was worth it to destroy employee morale, Chuckie.

Had the fine opportunity to sit in anonymously in an agile scrum call this morning. Heard a whole monologue on how this one person cooked so much fine steak for their family over the past few weeks that their wives have shut them down. Im guessing... — read more 

Who actually does the layoff meetings -is it HR or your manager or your manager's manager? What if your entire group including your manager gets laidoff at same time? Also what time of the day is this meeting?