How many were laid off on 2/21, 3/7? Just trying to gauge a comparison considering many have said 7k minimum on 3/21?

Still on, pushed back or canceled? And if still on what business lines will be impacted?

https://nypost.com/2023/03/17/why-woke-frisco-fed-chief-missed-silicon-valley-banks-warning-signs/

Wells Fargo's Market Cap has declined by more than 25% since Scharf was hired. At this rate, WF will be where Credit Suisse is now, in a few more years. 9/2019 - $215.34 Bn Now - $143.26 https://companiesmarketcap.com/wells-fargo/marketcap/ — read more 

Will the 3/21 mass layoff have any influence on a bank run, or do most people not pay attention to these things?

RIP

https://www.vox.com/technology/2023/3/16/23642978/facebook-meta-layoffs-bad “….Additionally, research shows that layoffs don’t actually save companies much money. Savings on salaries are mediated by severance expenses, not to mention the lost... — read more 

filling out a multi tab complicated form with inadequate character spaces and illogical instructions for every little thing that needs to get done at the bank. rude managers. rude coworkers. having to "follow up" on things more than three... — read more 

Charlie is acting like he's leading a circus and not a bank. How is that man still in charge?

I was a custodial engineer in Des Moines for 17+ years. I got to work on Thursday and my mop, broom and cleaning supplies were missing. I texted my boss and was told to meet him in the janitors closet. It was there that I found out that I was being... — read more 

Whatever happened to the poet that would give nice rhymes about Wells Fargo doings? I miss him/her. They need to come out of retirement with some new poems.

One example of how crazy things are in IT&V. Imagine telling your boss that you are getting promoted to his level without his knowledge or input. HR issue anyone? Lol Fodor literally told his manager he was getting promoted to his level in... — read more 

There's going to be boatload more layoffs than already expected!

"A new academic study on 2023 bank fragility concludes that 186 U.S. banks remain vulnerable to a run on deposits that doomed Silicon Valley Bank, Signature Bank and Silvergate bank in the past week." "The paper by four professors concludes that the... — read more 

https://www.cnbc.com/2023/03/17/jpmorgan-ceo-jamie-dimon-aware-of-jeffrey-epstein-trafficking.html

If automation scripts and code, we developed has full of bugs, then what tool to use to test the automated scripts. Whom has to check this and how? Where is the Automation Team Manager? Does current development manager have any knowledge on testing... — read more 

https://www.axios.com/2023/03/17/svb-employees-blame-remote-work-for-bank-failure

For those of you “in the know”, is 3/21 still happening, and if so, which specific groups will be affected? With many locations attempting to consolidate into one building (Des Moines for example), you’d have to think a ton of extra space will need... — read more 

In the face of wokeness and pursuit of diversity, equity, and inclusion the male CEOs Kovacevich and Stumpf who were also invloved should go to prison with Carrie Tolstedt.

Come on Wells (pokes with a stick), show us how progressive you are and be a leader for this. Imagine how many greenhouse gasses we can avoid using. Does that matter any... — read more 

:(

Anyone else?

2018: Why do we need all these rules for banks and trains? 2023: Oh Translation: Those w/thirst for power and $$$ are like toddlers. They will push every d*mn boundary to get what they want. Unchecked greed has consequences. You want to know... — read more 

All our agile folks in madhu/rich/tony org got bonuses above and beyond last years. All for doing absolutely nothing…You wanna be secure, get yourself into their garage. What a joke.

Instead of layoffs, how about you invest that $5 billion deposit to First Republic into your own employees.

I swear managers are in a revolving door in my area - come in with ZERO knowledge of what our team does, we spend at least 3-4 months trying to train them only for them to totally change things up in w a way that makes no sense only to leave for... — read more 

Search WARN act + your state to see if layoffs are heading your way. Not surprising that WF did not follow this before a round of layoffs in December though in my state.

Unbelievable.

The "No Hoper": Characteristics may include: Eyes focused on work queues only Limited pattern recognition no matter years of experience (Groundhog's Day) Dense. Conversations about simple things feel laborious Reports detailing... — read more 

Richard Kovacevich and John Stumpf were involved and pushed their cross selling from the top down.

https://www.cnbc.com/2023/03/16/ceo-bosses-who-force-rto-have-control-issues.html “Why three days a week? Why not four? Why not two?” he says. Many bosses land on three days a week as if it’s “the magical number. It’s not. You should have a reason... — read more 

Why would Wells Fargo and other big banks bail out( $5 billion each) First Republic Bank? What if that banks still fails in a few weeks?

We still have the asset cap for last time we pushed people into products and services they don’t want or need and now branch employees are being taught by managers and district managers that our job is to try and get people to do loans and credit... — read more 

For everyone who has proclaimed how miserable you are working here; If you're still here in April and you have been holding out hope for a package what is your move? If you don't get the golden ticket this month it might not ever happen (unless in... — read more 

16 months for Carrie T. is better than nothing. These people should get the maximum sentence permitted under statutes. Then put her in general population in a male prison. Rotten to the bone. Ruined so many peoples' lives at WF (current and former... — read more 

Too bad about that asset cap he’s been unable to do anything about.

The agreement filed Wednesday in a Los Angeles federal court calls for the former Wells Fargo executive, Carrie Tolstedt, to serve a 16-month prison sentence for obstructing regulators' investigation into abusive sales practices that culminated in... — read more 

Analytic managers have super hard jobs. They have to attend meetings. SUPER hard job.

Scott Powell's town hall on 3/21 has been postponed. Any ideas as to why?