If you are a long term employee of 25 plus years that was laid off you may be eligible for compensation that a lawyer can sue Wells Fargo for. See an employment lawyer to explore your options. Don’t think you don’t have rights. Age discrimination... — read more
We need to go on strike.
Imagine if all off us stopped doing work for a day. Slack off. Don’t do anything. And quiet quit. That will send a huge message to the exec team.
RTO update - hammer coming down
Big brother has been watching, the reports have been run, analyzed and sent to Managers. C suite is ready to come down hard with the hammer. Starting next week Managers will receive reports of employees who are not averaging 3 or more days in the... — read more
Recruiting issue and wait times
How many of you have been looking for a new internal job? Are you waiting a long time for recruiters to reach out? I have not had luck in years since covid. When is it time to cut and run from an application, 2-3 weeks? I assume by that time... — read more
Wells Fargo Launches a New Program That Has People Fuming
https://finance.yahoo.com/m/2d33da15-61de-3a40-b280-16d1a01eeded/wells-fargo-launches-a-new.html Wells Fargo swings and misses, again. Who is our PR company? Best advice to Charlie is to prioritize running a fair and ethical business... — read more
Wells Fargo is worried about your mental health
Thanks for the concern, Bei Ling. It really feels heartfelt and genuine since the bank is forcing RTO, laying off employees, stopped matching 401k per check, and is moving everyone to VDI to track "productivity" by the second... It really does feel... — read more
FU$K RTO AND EVERYONE THAT SUPPORTS IT.
That it all.
First Republic Owned Us
Wells Fargo ($5 billion) and other banks ($25 billion) made a huge $30 billion deposit to try to keep First Republic afloat. This was pushed by the administration and government, which absolutely hates Wells Fargo. We did their bidding, saved them... — read more
Hub and Spoke Model
What exactly is the hub and spoke model in layman's terms? I see that more business groups are adopting the concept, which has triggered hiring new roles, and laying off other people.
The Layoff Board
Since this is the layoff board does anyone know when the next rounds of layoff's going to happen?
Wells Fargo likely to sell 550 California Street at deep discount
Less than a year after coming to market with a $160 million asking price, the office tower at 550 California Street owned by Wells Fargo is likely to sell for about one-quarter of that price, according to a source close to the deal... — read more
women ra--d at Wells Fargo
Wells Fargo didn’t act after an L.A. executive was ra--d by her boss, lawsuit alleges https://www.latimes.com/business/story/2023-02-07/wells-fargo-sued-over-se-ual-misconduct-complaint
RIP Mortgage
Wonder when they will finally pull the plug and get rid of the rest of the worthless people left. They laid off everyone that was good and left us with the crumbs. Such a sad state. No Realtors or builders will do business with us. Customer... — read more
San Francisco Business Times Wells Fargo CEO explains why it's taking so long to fix the bank
Edited, and Retitled: How Long Will It Take These Fools to Figure Out I’ve Accomplished Nothing Wells Fargo CEO Charlie Scharf offered a candid (nonsensical) response at this week’s annual meeting to a question he hears frequently:... — read more
I wonder why JPM’s Layoff page isn’t anywhere near as busy as ours
https://finance.yahoo.com/news/exclusive-jpmorgan-employees-gripe-dimons-184136502.html Read this article today about employees complaining about Jamie’s hard stance on RTO. So I checked out their Layoff page and they average only 1 post every 2 or... — read more
any have this article on CSs excuses you could paste?
https://www.bizjournals.com/sanfrancisco/news/2023/04/26/wells-fargo-ceo-charlie-scharf-on-fixing-the-bank.html
DSM cubes
did anyone see the 3 cubes in the union at the Jordan Creek Campus? Looks like we all better lose some weight as we are going to packed in like sardines. and no privacy at all. be ready to make some great friends when hybrid goes away :)
OCEANSIDE COUPLE TRICKED INTO WIRING NEARLY $70,000 FROM WELLS FARGO ACCOUNT TO SCAMMER
https://abc7.com/amp/oceanside-orange-county-scammers-wire-transfer-scam/13189471/
Manager approved workplace accommodations
I know we’re all tired of RTO/accommodation posts, and here’s yet another. I have a situation in my family where I need to work from home for the month of May (until the end of the school you’re basically). Not medical, just a temporary schedule... — read more
Promotions
Is it really a huge process for a manager to promote a direct report to the next level of current role? Mgr says there a "list" and it could take years? WTF? didn't Workday streamline the process? anyone know? please don't reply with... — read more
Virtual Desktop postponed
Thank goodness, this is going to be a real mess. Many problems are being reported. Whoever had this idea should be fired.
It's time to call RTO exactly what it is, quiet firing!!
Fufufuuuuck RTO
Mortgage checking in
Doing phenomenal. Not as good as 2021 mind you but having an amazing year, thanks partially to Chuck having the vision and testicular fortitude to AXE all the silly flyover markets in the Midwest. (Side note: can Charlie fire anyone left in the... — read more
Used to be a Wonderful place to work
Been here for a couple of years now and I loved every bit of it but now when you can't wait for the weekend's to arrive you know something is wrong. No good thing last forever that part I get and I hope for the Best for everyone here at Well's.
Didn’t we used to get another week of PTO every 10 years?
I could have sworn it used to be that we got an extra week of PTO for each decade with the company up to 4 weeks after 40 years. I’m coming up on 20 years and just saw that I won’t get an another week until 25 years now. WTF when did that happen? — read more
Wells Fargo stock back down below $40 again
Remarkably, this is even after Charlie bought bought back 86.4 million shares for $4 Billion in the first quarter of this year. He’s trying to give the false impression there are buyers out there, but apparently the sellers are smarter than... — read more
CS: Employees don't matter
When a CEO and his mgt team have no regard for staff, a company is doomed. But this was the plan by BOD, etc. Employees are not part of master plan. Sell-off is the plan.
I guess it does pay dividends to vote
Lesson here. ALWAYS vote your shares, and ALWAYS vote opposite what the board suggests.👏🏼👏🏼👏🏼👏🏼👏🏼 https://www.investmentnews.com/wells-fargo-investors-overrule-board-on-annual-harassment-report-236840
Hopefully they don't work for WF
https://abc7.com/unruly-passenger-american-airlines-man-urinates-india/13181503/
Rcsa budget?
So no one thought to budget expenses for rcsa activities and now it’s all being dwindled down? I’m so confused, that can’t be it..? What is really going on?
RTO Monitoring
Outside from monitoring badge swipes, today someone was telling me that there are plans to track websites that are browsed during office hours. I do spend time on some educational websites (eg: using approx two hours to learn about AI and machine... — read more
WF Managers and references/slander
Any experiences where you got royally s------d over for no legitimate reason? What did you do?
Construction at DSM Main Campus
I’m sure many of you fellow DSMers have noticed the extensive construction going on. From floors having offices/cubes completely removed, water/vending machines beginning to be removed, signs outside conference room areas that state “beyond this... — read more
Funny RTO stories
It looks like they are going to bring down the hammer on RTO soon. Let’s share some funny, in a sad way, stories about RTO and how much it makes things so much worse. I’ll start. Was RTO in an office I was assigned to that I had never been to. Went... — read more
New campus “amenities”
When will companies start to understand that we don’t want a bunch of amenities that make us spend more time in the office? We don’t want to spend time in the office. If I decide to spend hour playing pickleball, then I need to work an hour later in... — read more
What's your average number of days in the office nowadays?
Please be frank.
Stop asking questions the handbook answers.
You can literally read it without authenticating to anything. https://teamworks.wellsfargo.com/handbook/HB_Online.pdf This is the reason all of us cr-p on your threads when you ask questions that can easily be found, for those of you still too lazy... — read more
California Sick Time pay out or not if laid off
I Don want to call HR, wondering if CA Sick time ( I have over 3 weeks or 120 hours) will be paid when/if I get laid off? Another question : does the max carryover 1.5 times of annual PTO include the sick time?