Is there even a small chance that there'll be no layoffs this month?
Any word on new comp plan for mortgage?
Typically that’s rolled out in Q1 but I guess it’s delayed to Q3? Any insight? I’m actually thinking we may get a nice bump to comp. I know this board is all doom and gloom on mortgage but I think WF really does want to keep all the top folks in... — read more
Former DM curious about sales culture
Full disclosure I was forced into this dreaded DM job when Wachovia was acquired. Was there several years (Cali market) and worked with the sc-mmiest of the sc-m some of where mentioned in the WSJ. Curious to know how things have channgrd since many... — read more
Branch Managers
I’m posting this out of curiosity if anyone else is experiencing this with their branch managers. My branch manager constantly takes over an hour lunch breaks and leaves early EVERY DAY between 330-430pm. You would think since she’s salary she would... — read more
2020, Can't blame the former regime
https://finance.yahoo.com/news/wells-fargo-seeks-settle-banking-170042899.html Chuckles, this is all you.
Can we manage a loan? No.
https://therealdeal.com/chicago/2023/06/02/mcdonalds-hq-owner-sues-wells-fargo-bank-of-america/ We can't even manage a loan correctly. How are we even in business?
Business execution consultant is a dead end job
No transferable skills, don’t produce anything, makes PowerPoint decks and uses buzzwords
I hate the amount of acronyms in this place.
RTO, RCSA, MRA, SHRP, and every fu----g platform gets alphabet soup name as well.
Number of employees
Is there a way to know how many employees we've lost in the last 6 months? Not just through layoffs, but also through attrition and those who have retired. I've been trying to find a current total number of employees at Wells Fargo to prove a point... — read more
Bank of NY Mellon - during Scharf tenure found to have wanton discrimination against black women
https://www.dol.gov/newsroom/releases/ofccp/ofccp20221121 Looks like old Cuckie Scharf gotta real bad history of discrimination against a certain class of people. He fought hard to resist a shareholder demand to conduct a racial audit...and now you... — read more
Performance Improvement Plans and rehiring
If I resign while under a performance improvement plan, am I added to the Do Not Hire list? Can I come back later into a different position? After a year or so? Wells is a major employer in my town. I am in a hub city. Anyone know? Business... — read more
What do people think about agile?
Positive or negative? Looking at a role on agile team
Walkout has been successful.
We had a successful day of resisting RTO and lowering productivity. My team of Business Execution Consultants stood in solidarity as we did no work together. Let’s continue to lower productivity in protest of RTO. Workers of Wells - know that there... — read more
Carrie Tolstedt settles case for $3 million- she got off easier than elizabeth holmes
https://www.charlotteobserver.com/news/business/banking/article275981206.html investors. That money is in addition to $500 million previously paid by Wells Fargo. Tolstedt also agreed to pay other remedies totaling close to $2 million, according... — read more
New Tech Work From Office Requirement
Just heard that our tech agile teams must now be in the office 3 days a week to be compliant or else. Any bets a 5 day minimum is next?
Another JPM retread executive joins WFC
https://www.investmentnews.com/wells-fargo-hires-another-jpmorgan-executive-for-wealth-management-238240
Wells 401k plan - minus .57% return since 12/31/2020
This is absolutely ridiculous. Who is managing these accounts, DEI hires? I would have been better off with a high interest savings account.
Where can I learn more about the unions?
I have been at the same level for ten years and want to get promoted. Anyone have websites?
The walkout begins.
Workers of Wells Fargo. You have been oppressed by your management. This corrupt institution has oppressed your communities. You are better than this. Turn your badges in. Drop your laptops off. And never look back. The future is uncertain... — read more
Sign this for Charlie please.
Sign this for Charlie please: https://actionnetwork.org/petitions/wfwu
06/08/23 CB Layoffs
CB is announcing more layoffs on 06/08/23.
How hard is it to become a senior lead business execution consultant?
I am current a Business execution consultant and there is a guy on my team who is a senior lead business execution consultant. I don’t know what she even does. If I apply internally do I have chance?
Feeling very resentful of my Lead Business Execution Consultant.
I have a dotted line relationship to a Lead Business Execution Consultant and he’s such a massive pr--k. Anyone else feel that BECs are very entitled and obnoxious?
How petty does it get?
I retired from WF in July 2022. Today in the mail I received a notice from payroll that I was overpaid $15.60 on my last paycheck for used, unaccrued PTO. That is not a typo on the dollar amount. I am asked to write a check or call and give my credit... — read more
Why don't they just rescind the severnce po;icy?
There is no law that makes any company pay severance. I keep hearing they don't want bad PR...that ship sailed a long time ago.
Big walkout tomorrow.
Join us as we purposely not do any work. We stand in solidarity with you, workers of Wells Fargo!
I hate my title.
I hate my title because it negatively impacts ability to go outside the firm. Like what the fu-k is a business execution consultant. Did they give me such a horrible title so I could stay unemployable by outside? Any tips on how to leave the firm — read more
Over/under on remaining time in St Louis?
It’s well known that Charlie hates the legacy markets in the Midwest, and St. Louis is a legacy of a legacy (AG Edwards was purchased by Wachovia right before Wells bought Wachovia). The senior WFA execs have moved to NYC and you know Charlie and Co... — read more
KT to push Sunil out
Sunil has created a toxic work culture and KT is not happy. She will start to push him out in the coming months and replace Sunil with a better culture fit. You’ve heard it here.
Location Strategy
What is the timeline for the location strategy? Is this published somewhere?? If you’re in a non-Hub location, will you eventually be laid off? I’ve been here over 20 yrs and would like my severance, but this wait is annoying!! I’m in a city where... — read more
Is Charlie…that bad?
Hear me out. This may not be the audience for it but hear me out. Is Charlie really that bad? When he took over I remember nobody wanted to be the CEO of wells and this message board was debating on a weekly basis whether the bank would go under... — read more
Evaluating Cloud Certification Goals and Their Relevance Today
Now that the midyear evaluations are begining, it's crucial to reflect on the status of our cloud certification goals. Has this goal persisted, or has it faded into the background? Furthermore, with an increasing number of individuals in India... — read more
I feel useless.
I want to do work. I want to contribute to society. Every time I try to do the right thing, and make a difference, I get shot down by one of my 5 bosses. Fu-k the firm. It breeds mediocrity and is literally office space.
Leaving is an option
I've heard from many people that left Wells Fargo because they didn't feel like they were being recognized for their good work and not one of them said they regret it. I don't understand why more people who feel this way don't do the same. If you... — read more
Retention Bonus
Any HMCs on here getting retention bonuses like they did last year?
Dimon for President
They are shameless… Bill Ackman Publishes a Probe Balloon For Jamie Dimon 4 President https://twitter.com/billackman/status/1663959113703751720