I opted in for the automatic import to TurboTax. Just started my taxes and of course, it doesn't work. You have to provide WF's EIN and the "Control number" in box d for it to import. Doesn't like the control number apparently - so I guess I'm... — read more
Will Wells Fargo still have commission based distributed retail mortgage bankers in 5 years?
Not if the current “retrenchment” is an effort to ultimately move that way or not. Just have a big centralized platform that can handle folks calling in or inquiring online. Then have a couple select teams that are set up just to handle the high end... — read more
How many branches will Wells Fargo have five years from now?
The number of closing branches keeps increasing every year, to the point where I believe the goal is to close if not all, then at least 95 percent within the next five to ten years at the most. Is this a good business plan? I know more people are... — read more
Zoom calls
Why is there ALWAYS one person trying to join a call as video? Narcissist or attention h0? No one wants to see you or the people walking around behind you. Just stop already!! Covid is over and I didn’t want to look at you then.
I gave notice, now what?
My manager has been ghosting me since I gave notice. I WFH and I don’t know what to do with all my equipment. The office is an hour away so I don’t want to do that commute, but I haven’t heard anything from my manager or anyone else on what to do... — read more
How many are left in mortgage?
It feels like the mortgage has been consistently hit every few months in the last year or so and we're not talking small numbers here. How many people are left after all that? I'm going to assume that there's attrition as well since I know I'd be... — read more
REMOVE ME FROM THIS LIST!
I hope each manager responsible for an employee who replied to that email thread took note and accepted each persons self-identification for membership to the PIP club. That was pure Technology related and they're too stupid to not hit that button... — read more
Offshore team is a joke
We have an offshore team in the Philippines and India that’s supposed to help us and only 1 out of the 10 of them actually knows what they’re doing. Every night I’m working late because they’re unable to execute properly and I have the dilemma of not... — read more
Micro managing… so long
Good bye.. Multiple years of service, dedicated, great service, so long. As many of said on the board, , if you are unhappy….leave… Farewell. I wish all of you well but this is a sinking ship.
Wall Street elite aka Chuckie
aka inside traders, know exactly when the bloodbath will arrive for the markets. All the numbers are manipulated, so don't be surprised when it happens. Investors are at the mercy of Blackrock, Vanguard, and State Street; they own corporate... — read more
Anyone successful in conjuring up an ailment?
Anyone successful in conjuring up an ailment that will grant them WFH status from HR?
Omg RTO ughhhh that’s all this section seems to be
If you were going to the office before Covid, why is it such an issue to come back a mere 3 days of the week in Office? No one told you to sell your car, if you did it to survive because you don’t make enough maybe you need to re evaluate your money... — read more
Don't quit on account of RTO
Charlie and the rest of his sycophants want you to. Just go back to working your exact hours and being unavailable the moment you leave the office. Make them lay you off. Make them pay you instead of walking away empty-handed. I hear too many people... — read more
HR Town Hall
The call today was a regurgitation of what we hear over and over again. The speakers shoving their s_it down our throats. They do not live in the real world. Very disappointing. They all need to shut up 🤐
Real estate slump hits home as Wells Fargo axes hundreds of mortgage bankers days after taking some on a California retreat
Wells Fargo bankers were recently treated to such a company-sponsored trip to the city, a common feature in the finance world following a successful year. Now, just weeks after the retreat, many who went to Palm Desert have had to pack their bags... — read more
Defeating RTO
There's chatter about commercial real estate facing a major flop. This is good. Get rid of office buildings, and put something (anything) in its place that actually serves the surrounding community. To help this along, and to always show that we... — read more
RTO Expectations
Looks like the train ride is ending for many people. Hello Team I hope you all are having a great week, and gearing up to finish the week strong! I am reaching out because the Cybersecurity leadership and I continue to receive RTO... — read more
NLRB says silence in exchange for severance not allowed
https://www.cnn.com/2023/02/22/success/severance-agreements-rule-change-from- https://www.cnn.com/2023/02/22/success/severance-agreements-rule-change-from-nlrb Employers can no longer include a broadly written confidentiality clause that requires... — read more
Good enough for Service/Sales conference last month, get laid off this month
https://www.cnbc.com/2023/02/22/wells-fargo-lays-off-mortgage-bankers-days-after-rewarding-some-with-california-retreat.html?utm_content=Main&utm_medium=Social&utm_source=Facebook#Echobox=1677106240
companies can no longer enforce silence in layoff packages
https://www.sfgate.com/tech/article/severance-packages-silence-workers-nlrb-rules-17799428.php
Office Landlord Defaults Are Escalating as Lenders Brace for More Distressing
https://archive.ph/dsB2T archive.today webpage capture Saved from history←priornext→ 22 Feb 2023 03:05:26 UTC Redirected from history←priornext→ All snapshots from host www.wsj.com WebpageScreenshot sharedownload .zipreport bug or abuseBuy me... — read more
Wells it’s time to enter your goals
And in a few weeks it’ll be mid year review time… by the way did you submit your STAMP report ?
Apple 10 year gift
There’s an article noting Apple gives employees of 10 years a cube of aluminum with a note from the CEO. At least the aluminum cube is recyclable versus our acrylic cubes :-)
Guess which CEO is not on this list?
https://www.bqprime.com/web-stories/pfx-top-6-ceos-who-took-pay-cuts-amid-ongoing-layoffs
REUTERS: U.S. probes Wells Fargo's retention of employee communications
Does anyone have any details on this? The unapproved messaging tools, and who exactly has been using them? https://www.reuters.com/business/finance/us-probes-wells-fargos-retention-employee-communications-2023-02-22/ Feb 21 (Reuters) - U.S... — read more
Do you use Wells Fargo as your bank?
Yes or no? I’m curious how many people work here and keep their money here.
1. Another JP Morgan reject AND 2. Another failure to supervise at Wells Fargo
https://www.advisorhub.com/wells-fargo-broker-broadway-producer-disappeared-3-4m-intended-for-ghost-musical-suit/
To All the Springfield People and Others Laid Off Today
It can be scary to lose your job, and I feel for you. I hope this can be an opportunity to find something even better.
Big HMC layoff happening today
I work in processing, and a number of my top HMC’s I have worked with in the Midwest region have been ‘displaced’ today. Lots of Minnesota and Nebraska loan officers were notified via a conference call this morning that they will be sent packing. And... — read more
No layoffs for a month
If the rumors are true, there will be no layoffs for a month. Isn't it sad that that makes me excited? Not having to stress for less than 30 days is considered a win these days? Talk about depressing. I don't know about the rest of you, but I need a... — read more
Expected to be in the office 3 days a week during a snowstorm
This is what my manager has communicated to me. Keep in my mind my role can be done 100% from home. And this is why I’m looking for a different job.
Part of me wouldn’t mind being laid off
This trash bucket has held me back. I don’t apply to other jobs or pursue different things because the stagecoach keeps depositing that sweet paycheck into my bank account. If I were to be laid off, I’m sure the initial shock would be upsetting… but... — read more
is Chicago a Hub for Corporate Risk?
Asking for a friend.
Sick Hours count as In office?
I heard PTO counts as in office, but what if it’s only 1 hr of pto? What if it’s 1 hour of sick leave?
FACTS through the lens of the Employees
First off, layoff’s on the 3rd week of March 2023 are true. ”WHY YOU MAD!”? Here’s why: Let’s start at the inequalities, and wrap up with double standards and lack of accountability. First, The CEO of the enterprise doesn’t have to commute to... — read more
How come so many people fail up at Wells?
I had a manager who was TERRIBLE! Rude, condescending, self serving, conniving, nobody could stand them. She got promoted! The turnover on her team was significant and because of her brash personality and interpersonal skills. I even told her to... — read more
Back at it Again
Received a notice that I’m in a sales driven role with no goals yet. Wells Fargo won’t stop. I give Wells 1 year and they will be in trouble again. Goals