I truly hope the next person to tell me layoffs are "nothing personal" so we shouldn't blame the company is laid off the following day. I'm tired of a-s-kissers who keep defending WFC over things that are undefendable. No, we don't need this many... — read more 

SEC.govhttps://www.sec.gov › press-releaseSEC Adopts Rule for Pay Ratio Disclosure Friday 8/4/23- Pay Ratio Disclosure Day observed. On 8/5/2015, the SEC Adopted Rules For Pay Ratio Disclosure. All employees of companies with a CEO pay ratio greater... — read more 

Hearing that a decent number of 4/18 firings were age related? the oldest ones in the team were let go in a majority of the situations. can anyone else confirm? Is there a lawsuit coming soon?

I was told by my boss that I should be prepared for Wells to return to 5 days a week expectations. They didn't say when or if it would be company-wide, but that was the indication they got from their boss. Anyone else hear that?

HINT HINT

Looking into getting a job at Wells Fargo, think again. I’m sure you’re here trying to get a feeling of what it’s like and let me tell you—it’s miserable. We hate each other and the office. Get a remote job as if you’re life depended on it. God... — read more 

They just laid off hundreds of sales, including top performers. WF will never be successful when they keep hiring entry level processors. Processors are the key to smooth transactions. Most processors here don't understand what a loan is, much less a... — read more 

Just looking for feedback/thoughts on this organization led by Shaun McDougall. Any thoughts on the strategic direction? Positives/negatives?

Just trying to figure out WHY? Closing old campus, laying off thousands of employees just to build and open up NEW campuses.

How do you deal with the cognitive dissonance here ? Everything is upside down; good workers get punished or abused, bad workers get no repercussions, and the list goes on. Unequal treatment in RTO, etc. Gossip to tear down a contributor but... — read more 

So mortgage processors are displaced because they do not live within 40 miles of one of the four hub locations due to RTO coming. Yet the processing managers all are still here living out of state. Please explain how this works when we all go back... — read more 

On a team where only one employee is displaced, how do they decide which employee?

Once again I get to reset my sign that reads "It has been ___ days since the last layoff at Wells Fargo." to zero. I put it up as a joke with a coworker about a year ago, but it stopped being funny a while ago. I don't remember the last time the... — read more 

Anyone know the full details of severances from EDM layoffs on 4/18

So I was laid off today which was expected and looking over the severance documents, it doesn't state anything as to what happens if you get a new job during your 60 day non-working notice. I start a new job in a few weeks and was wondering how they... — read more 

Could you check under some rocks for Leo? SVB forgot to take his garbage with him.

https://www.bloomberg.com/news/articles/2023-04-17/wells-fargo-privately-worries-union-resurgence-could-reach-its-workers-next

Wells Fargo setting themselves up for next lawsuit. 5 day work week for branches they closed on saturdays….branches that remain open can flex a day during the week only if your non exempt and work longer hours on remaining days.The exempt managers... — read more 

Heard layoffs in May will be larger than the ones today- anyone hear this and know which business lines will be impacted?

I add very little value to the organization, but (apparently) lots of value to my boss. I really serve no customers, but handle a lot of emails for my boss. My biggest value seems to be the fact that my boss looks to me as one of the few on his... — read more 

WF needs to axe this location. There are way too many silos here.

JUST IN: Wells Fargo laying off all junior Auto underwriting staff. As of 4/27 any auto loans greater than 110% loan-to-value and 15% payment-to-income will be declined.

If I have a documented medical disability and cannot return to office when it’s time, will I get fired for it? I was planning on talking to my manager about requesting an accommodation but I wasn’t sure if I would be allowed to do that. I don’t want... — read more 

https://www.kare11.com/amp/article/news/local/wells-fargo-consolidating-twin-cities-locations/89-90d98894-1185-455b-a795-fb5b7562019f

Upvote this post if you would deliberately be more productive working from home, full time? Since WF is too afraid to ask the question themselves I just decided to take matters into my own hands.

I worked in auto as an underwriter and just received a phone call today that I've been laid off.

Mortgage is dead. Time to let go of what remains of mortgage operations. The Processing managers are the worst. I lost a borrower as they could not get the processor or her manager to return calls. So they pulled their loan and left. Realtor ... — read more 

Is today really the next big wave of layoffs or is this just another made up date for nothing to happen

We all know that we’re on the chopping block to be replaced by AI in the next 10 years (probably sooner), but WHAT IF we replaced Charlie, the C Suie, AND the whole board with AI instead? No more rockstar salaries. No more enriching themselves off of... — read more 

More reorgs coming when Erin (from Chase - surprise!) starts 5/1. When do the constant reorgs end? Never.

https://fortune.com/2023/04/13/remote-work-outsourcing-white-collar-jobs/amp/

This push for RTO is going to affect those who have more than one job or side hustles. I have not gone back to office since COVID shutdown and am wondering how will by job 2 be affected with this push to RTO. Anyone else on same boat? Are you quiting... — read more 

https://www.bloomberg.com/news/articles/2023-04-16/first-republic-s-loans-to-rich-clients-drag-earnings-hinder-potential-sale?leadSource=uverify%20wall First Republic Worked Hard to Woo Rich Clients. It Was the Bank’s Undoing The bank attracted... — read more 

https://m.startribune.com/wells-fargo-exiting-south-minneapolis-home-mortgage-building-st-louis-park-offices/600267744/ Fu-k RTO

Internal Wells Fargo document reveals management angst over union 'resurgence' and 'new generation of employees with activist experience' https://fortune.com/2023/04/17/wells-fargo-union-organizing-powerpoint-presentation-new-generation/amp/

Forget about Manilla or Hyderabad. All banks are aggressively doing outsourcing, although we are very late in the game than our peers (as usual, unsurprisingly). One thing often not discussed here is another international elephant in the room... — read more 

First they came for the Tellers And I did not speak out Because I was not a Teller Then they came for the HMCs And I did not speak out Because I was not a HMC Then they came for the techies And I did not speak out Because I was not a techies Then... — read more 

I've been waiting to be laid off for nearly six months. I don't want to leave without severance, but I certainly don't want to be here when RTO reaches the point of five days per week. WFC should really offer a voluntary option. It would have zero... — read more