Respect goes both ways. Prior to Charlie, I have been fortunate to work for CEOs who knew how to inspire and unite teams around a common vision. These were CEOs who knew how to bring out the best in people, who were emotionally intelligent and... — read more
Start applying
You'll thank me in a few weeks.
Low level manager influence on layoff candidates
Anyone think their manager has been holding worker(s) back from layoff for their own benefit? Either to keep their number of direct reports at magic number 7 or because that individual's work history can help fill knowledge gaps for offshore/new... — read more
Why not return to office???
15 years ago Wells Fargo had very few remote jobs. COVID hit and everyone was sent home. Now kids been back to school. Adults have filled trains, planes, bars, gyms, malls and movie theaters but for some reason You are so entitled that you cannot... — read more
Severance lump sum
Anyone with experience getting a lump sum for severance? How would one calculate what that amount would be? Do the just take your gross pay for X amount of weeks? Taxes? 401k loans? Etc I’m expecting the ax soon and am wondering how I could ballpark... — read more
Fck Corporate Amercia and all the A-Holes Who Work In It!
This board is just a glimpse of the state of morale, relations and mood of people who work in and deal with Corporate America. It's a joke! From DEI hypocrisy. jerking people around, constant threat of layoffs, ZERO commitment to employees, and... — read more
Prediction-SVB will be CEO of ING in 2 years
Prediction- SVB is being groomed for the CEO job but will take the job at ING so he can move home. SP will leave because he realizes he’s not on the short list. Who will be left at Wells? Hmmmmm.
Part of an interviews with the reporter from the LA Times who broke the Wells Fargo scandal in 2013
“The financial industry has shown that it is ingenious in finding new ways and different ways to overextend itself and blow things up. The LA Times insisted on having a real consumer focus in their reporting. It was always hard to get the higher-up... — read more
Can I offer you an egg in this trying time?
Tips: 4th of July cookout and summer travel Reminder that our raises likely didn't keep up with the food price increases they listed, but enjoy a meal of eggs. Or maybe go on a cruise or Europe if you can't afford the potato chip increase?
Where do the core competencies in workday come from?
I have some ones on there that make zero sense. Anyone know where these are added from:
WF does not truly believe in DEI
Nor do any companies that outsource to India. Read up people..the caste system still exists in India... I want to see WF or other companies that outsource to India to show they are hiring outside of the higher castes and proving real opportunities... — read more
50 years of commitment!
https://www.wfmz.com/news/area/lehighvalley/wells-fargo-bank-employee-celebrates-50-years-on-the-job-reflects-on-changes-in-the/article_ac9cfd88-15cb-11ee-9ab0-672612fc8d95.html All you whiners on here should model after this employee. Get back to... — read more
$200 million so everyone can RTO to co-locate
Wells Fargo plans to invest upwards of $200 million into two uptown Charlotte office towers that will eventually house its East Coast headquarters. So I guess the Duke energy guys are working remotely.
Wells Fargo has a Labor Relations Team??? 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
WHO ARE THEY, AND WHAT THE F HAVE THEY BEEN DOING???
TK’s AMA
Way too early to attend, so I caught the replay. What the he|| was that? Malibu Stacy has no idea what’s going on under her. Leo doesn’t get credit for WAP migration. Migration happened despite him. Not aware of any significant changes to... — read more
There should be an audit of promotion practices in this swamp
There is no clear guidelines on who can or should receive a promotion. I am seeing people with little experience and limited aptitude move up. Sometimes it’s even a surprise to them! Promotions often aren’t even announced to broader team because... — read more
Oh, the irony!
Sitting here under code red air quality in Charlotte, and I read that one of the things I can do to help is to limit driving. Yet Wells Fargo, in all its ESG greatness, demands that I drive into the office, further contributing to our polluted skies. — read more
What word best describes Wells Fargo in relation to how they treat employees vs their response to Unions??
Preposterous? Insulting? Impudent? Arrogant? Clueless?? I’m not pro or against unions, just want to point out how (ridiculous/fill in the blank) Well’s Fargo’s “counter-argument” is to employees organizing. Charlie comes in and immediately... — read more
Limiting internal applications to 5 active.
Well this is probably a good idea but I wonder if the firm looked into why so many internal applicants are applying to many open roles.... Maybe if HR and managers was more engaged with these applicants... Also the massive layoffs cause panic and... — read more
Brown nosers
Sycophantic smiles, Brown nose bends low, seeking praise, Integrity fades
How to cause mass chaos and confusion in your company.
Passing this along... By John Stankey. First, make a big announcement about Returning to the Office where people who have worked from home will be forced back into the office. This will cause some tension, but it’s just the beginning. Next, you... — read more
Anyone hates JIRA
Does anyone here hate JIRA and scrum or am I the only one?
Why is it that Commercial Real Estate banking never seems to get cut?
Like the whole market could be imploding (and it basically is now) and not a single CRE banker/portfolio manager/VP etc ever gets cut. I should have started in that group. Total and complete job security.
Was there another HMC/PMB layoff this week?
What are the deets? Folks who didn’t close at least $1M per month?
It's all BS
That's the post.
Get rid of regional sales consultants
Now that Charlie has axed mortgage to the ground how about getting rid of some of these worthless positions? RegionL sales consultants do absolutely nothing. Ours works remote and is never in the office and never available. She travels around... — read more
Charlie was invited to give an inspiring commencement speech to the graduating class of a state college
He submitted a rough draft outlining his key points for success to the shining new graduates: Shamelessness is a Leader’s Greatest Superpower. Narcissists rise to the top faster than altruists. Success requires an inflated sense of... — read more
Changes for remote only employees in August?
I've heard that changes are coming l coming for remote only employees in August, but no one has details. Has anyone heard specifics? Are we being forced to drive 2 hours to the nearest office, or are we just getting the ax?
July 11th Commercial Banking Layoffs
Just heard a rumor from my Manager on mass layoffs within Middle Market Banking on July 11th. Has anyone else heard the same?
Affects of outsourcing!
They've outsourced a lot of the primary work to Hyderabad and Bangalore. The outcome is total shitshow. Offshore guys have no idea what they are doing most days. We have meetings every day on what went wrong, and how we can improve more and what... — read more
Minimum Thresholds?
PTO counts as in office days for RTO but "minimum thresholds apply", what does that even mean?
Mid year tip
If your manager tries to give you an inconsistently meets especially at mid year, ask for specific action items they expect to see by year end. Granted, with the new way we do performance it’s literally a week between mid year and year end. Your... — read more
I have solved Wells Fargo’s problem. (It means getting rid of Charlie and the Board.)
Charlie and WFC Board’s Philosophy: CEO first, Shareholders second, Customers third, Employees last. The pressure for shareholder return often becomes all consuming and very short-term focused. Decisions are made based almost solely on... — read more
New Internal moves process
Now you can participate in nepotism freely and openly!
Why are they trying to make RTO worse and worse?
First they converted most offices to flex cubes, now they are ‘consolidating’ and closing the most convenient locations in many cities so now ppl need to commute even longer into the city and pay for parking etc….no pay raise of course to cover the... — read more
Wells Fargo flex seating is doing almost everything wrong...
From CNN: https://www.cnn.com/2023/06/26/success/hot-desking-hoteling-dynamic-seating-hybrid/index.html?iid=fw_con-hp-3 Everything this article points out NOT to do is what WF is currently doing with unassigned workstations/cubicles. You can't... — read more
Mortgage processors are the worst
So now that Charlie axed off everyone that did not live near Charlotte we are left with the worst processing ever. It is a losing battle. Sales hates it. Customers hate it. Realtors and builders hate it. Why Charlie?????? We were the nations... — read more