Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Criticism

A bit of a different question today. I've recognized that I tend to internalize constructive criticism, whether it's a small sarcastic remark on my work or someone pointing out a mistake that I couldn't have anticipated. I consider this a major... — read more 

As an employee and customer of Wells Fargo…

… I would like to point out that sometimes my Account Notifications work, and sometimes they don’t. I never change my settings. Wells Fargo Notifications just stop coming for days or weeks, and then they suddenly start working again. It sure makes me... — read more 

3-Day Mandate RTO from June to Everyone

It is said that by June, it had upped its requirement to three days per week for everyone. Also should spend reasonable time in office, not just badge swiping.

I'm leaving

This RTO has just pushed me over the edge. Out of the 10 people on my team, there's only 2 of us doing any actual work, and the other guy is here on a visa. The rest just push decks and having meeting. I'm going to find a 100% remote gig. Good... — read more 

If less than 7 directs, is mgr demoted?

With all my team's attrition, my mgr is below 7 direct reports (not sure if that's still the magic number). I thought anyone w/mgr title had to have a minimum DR headcount or else they would lose the mgr title. If not let go as part of attrition... — read more 

How much money is remote work worth?

I know it varies by person for different reasons, but how much would 100% remote be worth to you in salary adjustment. I realize it's absurd that where you sit would matter if your productivity is the same, but it is what it is. e.g., If deciding... — read more 

offices

Between the artificial led light, EMF pulsing all around and 65 degree air conditioning pumping all around, I can’t tell what is making me sickest the fastest. Anyone else feel disgusting at their office desk?

ALEXA - Amusing

Was just in a meeting and the person talking on the call was obviously at home and her Alexa reminded her of a call - while she was talking on a WF conference call. I thought it was a mandate that we have separate rooms and no alexa, echo, etc. in... — read more 

Management - Scared

Not sure about the rest of you, but I think all this cr-p is hitting the managers as well. My bosses boss was "displaced" a few weeks ago. And now my boss, who has always been an even keep type of boss, is raging at everyone and nit picking on... — read more 

VDI is dog sh-t.

That is all. I should start tracking how many hours I waste because of it.

Today is the Day

Today Thursday May 25 is going to be another sad day where we lose 1000s of good hard working employees. Expect an email around 10am local time for a meeting at10:30 am local. It’s going to be another blood bath. Good Luck everyone

Blessing in Disguise

If you recently got laid off from WF and are discouraged, please don’t be. It is a blessing in disguise. I was laid off from WFHM earlier in the year, I knew I was being underpaid but was never gonna leave anyway. Am glad WF pushed me out. Charles... — read more 

Finish ki-ling mortgage

Wells Fargo announced in January they were pulling out of mortgages. Please just pull the plug. Our rates are horrible. Our processors underwriters and closers are terrible (or what is left). Managers are clueless. Customer service scores are at... — read more 

Who wants to stage a walkout?

Looks like Amazon’s tech workers have the right idea. May 31st is D Day. What if every wage slave from tech to banking walked out in solidarity against RTO mandates and toxic mismanagement? Debt ceiling be damned. Let’s just burn it all... — read more 

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| 1300 views | | 11 replies (last May 27, 2023)
Post ID: @OP+1mMaazUE

Good bye Wells Fargo

Bye bye Wells Fargo. I am leaving as a HUGeE mortgage producer. Taking all of our processors that you threw out the door. We are all going to a competitor where we will bury this company in our city. Wells has a horrible reputation here so it... — read more 

**BOD DO YOUR JOB! WE ALL KNOW**INEQUALITY**

Hey Folks, Sooo Wells fargo is fueling the FRTO effort on this site. the captains and stooges are actively posting “FRTO” on this site to move the main page feed down, and promote a toxic work environment(in my opinion) Just look at the trend here... — read more 

Can anyone relate?

A real conversation I had recently: Manager: "The bank is continuing to seek out ways to cut costs. You are very valuable to the team and would like to know if you'd consider moving to a hub location to increase chances of keeping your job." Me:... — read more 

New Program Analysts

Just got a new crop of Program Analysts hired in to be trained and replace the outgoing folks. Zero skills seems to be ok if you fit the bill.

DSRI Listening Tour

With all the performance issues Wells Fargo has, management believes it is a good idea to take 2000+ away from their actual jobs to discuss the nonsense that is DE&I. Not to mention they have allocated a person and I assume staff to 'work" on this... — read more 

Wells Pays Again!

For those of you who own stock, here’s another one! I’ve received at least 4 checks from scandals and settlements in the last year. Easy money for the mess Chuckie won’t clean up! http://www.wellsfargo2018securitieslitigation.com/ — read more 

WF & understanding your role

WF executive leadership is always making business decisions for the stakeholders. What the ground floor personnel never put together is the primary stakeholders is the executive board themselves (CEO, CTO, CIO,etc ) meaning they need to make money... — read more 

RTO and open seating is becoming BS

When I first started going back in my floor was largely empty and it was easy for my team to sit near other. Now more people are coming in and cubes are filling up. Ok fine just look for another. But the problem is some people are leaving stuff in... — read more 

Credit tightening and excess liquidity

https://www.bloomberg.com/news/articles/2023-05-22/jpmorgan-investor-day-2023-key-takeaways-from-presentation?utm_source=website&utm_medium=share&utm_campaign=copy

Wells Fargo RTO Policy

Hi All - I am not with Wells Fargo but I am trying to build a list of different approaches to RTO. I am focusing on large companies that have presence here on layoffs.com (I am assuming I can get employees to speak up here). Anyhow, if you feel... — read more 

RTO coaching/reprimand

By now mgrs should be seeing the badge swipe reports ---anyone been in trouble or heard any second hand stories of mgr/direct conversations?

Union Busting and Worker Intimidation

Looks like the cat is out of the bag. Viva la revolution!✊🏼 https://news.bloomberglaw.com/banking-law/wells-fargo-faces-third-claim-of-intimidating-union-organizers

Wells Fargo India??

Sounds like they want 90+% of the staff to work from India. more layoffs coming in the US. the constant mind F for US folks is to encourage as many to quit as possible so they can run the whole operation from India

Raided from the inside

"Employee Counts vs Outstanding Shares of WFC stock - CS is running WFC like a corporate raider - slashing jobs and using the savings to buy back stock: its almost 1:1. Part of CEO compensation package is to "get stock price up" - this is how hes... — read more 

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