With all the attrition, are mgrs losing their titles (if not their jobs) due to direct reports below minimum?
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
Tracy Kerrins will do to tech what Carrie Tolstedt did to consumer banking.
Mark my words. This leader has no tech skills and weak leadership under her. Brace for impact!
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
Activities for which you can sue your current employer include…
#1. A hostile work environment (When an employee feels that the culture of the company he or she works for has produced an environment that is not only hostile to his or her career interests but hostile to the employee on a personal and emotional... — 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.
Wells Fargo employees in Oregon allege anti-union behavior by managers
In the latest allegation that Wells Fargo has engaged in union busting activity, employees who are pushing to unionize say the bank's management engaged in unfair labor practices at an Oregon call... — read more
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
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
Mid-year self-evals - optional, so I'm not doing it
For the first time in almost 20 years, I'm not doing it. Join me
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
Woops - this site overwrote the link in last post - lets try this one - PRO-UNION video
For Wells Fargo or any other corporation https://vo.la/emhnm
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
Check Workday: Almost all RCSA/control positions are in India.
This happened practically overnight. What's going on?
Consumer Lending Control - T.Randall leaving WF
Another leadership casualty under N8 Herman.
Mass Layoffs in Des Moines while Ohana parties in Bangalore - Protest Friday May 26th & Tuesday May 30th
Guys they're laying off hundreds in Des Monies weekly. At the same time WF India Bangalore employees and their families are invited to Hawaiian style "Ohana" parties, with clown shows, entertainment, the works. If you're American enough is enough... — read more
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
Theres some interesting stuff going on about the bank happening on reddit....
sort by new https://www.reddit.com/r/WellsFargoUnited
heard JPM will be the 1 bank for all America
100% state owned and controlled, with 100% of deposits. Everyone will soon work there.