I know people who work in completely different parts of the bank. 1 common theme coming from all directions is chaos. From all levels of management, workflows, and communication (or lack thereof). So is the chaos on purpose or are executives that... — read more 

There is a whole writeup on why https://12ft.io/proxy?q=https%3A%2F%2Fwww.latimes.com%2Fbusiness%2Fstory%2F2023-08-08%2Fremote-work-racism-reprieve-return-to-office

not that they can force you to use it.

Well - now that 8/8 has passed. What is the next date I should scan my email continuously for an email and pray for a package? Congrats to all who got the golden package!

Wondering if our not-so-astute execs are just playing Follow the Leader and have spent so much money on the transition that they can’t admit it’s been maximum effort, maximum disruption and minimal savings. 1 fully trained US employee is replaced... — read more 

You will be happy to hear, psycho babe (who has a dotted line into Risk) is brewing last years digested matter again for annual refreshments. This batch is crafted with the same muddled recipe loved by Wells before. It has no additives, no sugar, no... — read more 

So who is getting fired for this?? Oh right... no one... https://www.forbes.com/sites/willskipworth/2023/08/08/wells-fargos-125-million-fine-for-employees-using-whatsapp-marks-latest-run-in-with-regulators-and-courts

What we do need is to stop breaking laws so we can stop having to pay various fines. I think we have paid enough just in the last 24 months that if we managed to avoid it, we could have scrapped all the layoffs that happened in that same period. How... — read more 

That my manager wants us to “think outside the box”; but is requiring us to return to the status quo of working in a box 3 days per week??? 😏

If your Notice Period concludes prior to December 15th you will not receive the 401k matching contributions for the year. If your Notice Period concludes prior to your anticipated Incentive pay date, you will not receive the ICP/bonus. Just more... — read more 

I got my displacement packet today. I read over everything but there is no mention about what happens to the old cash balance plan that some of participated in. Does anyone know what happens to that?

My severance package says I was displaced and it said it was also performance related. I have had "meets" the entire time I have been here and my boss told me during call this morning that it was NOT performance related. Anything I can do to fight... — read more 

I honestly don't understand how 90% of the people who post say they are dying to get a package. Is everyone wealthy or so extremely confident in this job market? I'm very conservative and need job security. I don't spend a lot but want to save more... — read more 

https://www.theverge.com/2023/8/8/23824521/wells-fargo-bnp-imessage-signal-whatsapp-messages-sec-fine

If you are fully remote in teamworks, its just a matter of time before you are replaced by cheap India labor. Lots of "remote" guys gone tdy!

Lots of work directors were let go today in home lending. Our work director, who has worked for the company for 13 years, was let go. Sadly, I was not laid off

I get that this board is called 'layoff.com'. It makes sense to want to know about a layoff hitting your dept before it happens. But what good does it do you to know that someone in a different dept got laid off today? Take today (8/8) for... — read more 

I admit it. Like passing by a train wreck, I couldn’t help but take a look/listen. Nothing like the CL executive bashing prior management about not having done RCSA work prior to now. He went on and on. And while he stated “management” it was clear... — read more 

Anyone receive a call yet?

Needing timely information during US business hours, but the support team is all based in India and are unreachable until over night.

F/X traders let go in SF. Lost 5.

That in their aggressive cost-cutting efforts: Wells stops providing work-related cell phones, takes away Bloomberg, and forces us to use Wells Fargo-owned non-intuitive Symphony for instant messaging; and then gets busted to the tune of $200... — read more 

Just notified of 9 team leads being dismissed in customer service, California.

There is just a handful of people left on my team of Engineers Such a shame.

Just got word...

Curious what happens to your severance if you get a job outside of WF? does WF severance continue thru the allotted time period or does it stop?

it's happening... Controls, Technology... They have been hiring about 8,000 people in India with execs and directors traveling to India and preparing teams there for months. Looks like today is the day...

got some cheese email from someone in controls management (Julia Bate's org) saying it was "their time to received 'the package'".. Some 21 year lifer...

I've not been approached and am not interested, but in an SSO (part of COO) town hall three weeks back, KK said outright that non-hub folks will be let go and should start looking at hub jobs or relocating. I'm assuming this is happening in other... — read more 

wonder how he'll spin it. about 20 years worth of his salary. https://www.cnbc.com/2023/08/08/regulators-hit-wall-street-banks-with-549-million-in-penalties-for-record-keeping-failures-.html

That Wells Fargo gets caught conducting fake interviews of diverse candidates, a class action lawsuit is filed against us for denying mortgage loans to non-white applicants, and our BOD gets sued for ignoring pervasive issues of discrimination; and... — read more 

is it normal for a company to make working conditions difficult to drive attrition? Here are the results: Intentional Attrition Strategy: WF is overtly creating conditions that they know will lead to attrition. Neglect or Mismanagement: WF is... — read more 

There's one thing I realized about working at WFC. If you want to get promoted to higher levels of management, you have to prove that you have no moral compass and you are more than willing to nod your head in the affirmative at whatever is put on... — read more 

List all the details about displacements for you/your group for 8/8. Which Business Group/Enterprise Function and sub-group (don’t use acronyms)? How many people? Any managers impacted? Remote workers or non hub workers? Did you participate in... — read more 

Was two weeks into a medical leave for depression and anxiety when my manager called me and said my role was being eliminated. I will return on October 1, which my manager said would be a 60 day period where I could find another role within Wells... — read more 

On July 25th, I experienced a workforce reduction, leading me to embark on an initiative wherein I effectively persuaded a comprehensive network of friends and family to undertake the closure of their accounts, both commercial and non-commercial... — read more 

Quick reality check here. I know there's a lot of chatter that directors or execs are always clued in on stuff like layoffs, org changes, and such. But honestly? They're often just as surprised as anyone else. I'm in meetings with these guys, and... — read more 

Well here we go. Was just on a call with the COO, HR, Legal and others where RTO status was being discussed and it was confirmed, 4 days in office with 1 day remote is going to be mandated, they are just working out the messaging and timing.