Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

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 

Please just go ahead and lay us all off

Get the agony over with. Working here is a mind fu-k. It’s a horrible abusive relationship where we are treated like d-mb children, gaslit about everything, get no resources to do our jobs, get a pay raise that doesn’t meet inflation, told we can’t... — read more 

Des Moines layoffs/office closure

https://www.desmoinesregister.com/story/money/business/2023/05/22/wells-fargo-cuts-west-des-moines-jobs-sheds-500-workers-since-2022-mortgage-business-jordan-creek/70243245007/ Recap of what's happen

WFH Exceptions

There are people who get work from home exceptions that live within the 40 miles and did not WFH previous to pandemic. They get a magic email informing them of this. Anyone terminated for cause b/c of RTO has grounds for a class action lawsuit. ... — read more 

Corporate lawsuit settlement site?

Someone posted a link to view all cases settled by corporations recently. I can't find it. If anyone has it, can you post it here? I'd swear it started with "v".

RTO won't save the office

https://www.vox.com/technology/2023/5/15/23721410/return-to-office-remote-work-commercial-real-estate The so-called “return to the office” has been underway for a while now, and it’s a bit of a mess. Sure, more people are going to the office more... — read more 

Wellsfargo Managers

Number one issue with wellsfargo a. Many managers are individual contributors and do not have any leadership skills. You need to bring people who can motivate and move things as a team not giving orders or taking the work doing yourself and brag... — read more 

Mortgage Processing is dead

I ama mortgage processor in the Charlotte hub. My team was completely laid off due to this insane HUB mentality. So now the few of us left have no one left to ask for help. They laid off all of our seasoned knowledgeable workers just because they... — read more 

Former Wells Fargo Executive Agrees to Plead Guilty

https://www.justice.gov/usao-cdca/pr/former-wells-fargo-executive-agrees-plead-guilty-obstructing-bank-examination This lady can rot in he-l. She ruined people's lives. Anyone who worked in her org who did not play along was fired or blackballed. — read more 

RTO

Neckties were an essential business requirement for ages. At some point, people had had enough of the mostly pointless ritual and began rejecting the norm. Even still, stodgy companies required it with the argument that it was necessary for being... — read more 

Displacement Tuesday

Another wave of layoffs will hit technology on Tuesday. Survivors will get to attend TKs town hall on Thursday. I expect that will be my last day.

Why are people ashamed of working at WFC?

I see this popping up often in posts. Why? None of us did anything wrong. Every scandal related to the bank is a direct result of our leadership and the rest of the upper management. So why would any rank-and-file employees see working here as a... — read more 

RTO alternative locations in stl

Has anyone in stl had any luck finding an alternative location besides downtown? I am within WIM and have seen WF Advisor building off 40 near chesterfield that would be closer but I didn't see that location in Guardian to get access.

The WF customer experience

https://www.howardlindzon.com/p/rest-world-looking-good-wells-fargo-must-die Becoming like JPM, WF gives no f*!

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Wells Fargo next bank to fail

https://www.cnbc.com/2023/05/16/cramer-calls-wells-fargo-the-best-capitalized-bank-.html Jim Cramer is saying we are the best capitalized. Sell, sell, sell, we are doomed.

Managers vs. Supervisors in Ops Risk?

Tell me a good story...Does anyone in Ops Risk have a good manager and or director? I mean they actually do the job of managing, not just a cool "manager" that leaves you alone and gives you a nice bonus. Can't say I have seen any managing... — read more 

Forced RTO is the definition of insanity

https://www.entrepreneur.com/leadership/the-forced-return-to-office-is-the-definition-of-insanity/451934 Remember a townhall when Chuckles himself stated productivity was up during the WFH pandemic. It is all about control. C-suite wants their... — read more 

Committee for Better Banks

Flyers and cards were distributed all over the building yesterday, they're still up today, even on the bulletin boards. I guess no one cares about removing them.

Internal applications

As an internal job applicant, I can see my application history. When I apply to a job internally, can the hiring manager and/or recruiter see it? Will make a difference to how picky I am about applying to jobs.

Fire Charlie

...and maybe the entire board. That is all...

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