Anyone else get a "temporary assignment" to an RCSA team for 18 months? It's being sold as a great career opportunity, but I see it as advance notice of a layoff. Am I wrong?

Crypto prices fell Thursday after Silvergate, a bank that has been at the center of the industry’s growth, made a decision to shut down.

Some Wells Fargo customers posted online that their direct deposits and scheduled paychecks were missing from their online banking accounts Friday.

Who is next as banks start having issues.

https://finance.yahoo.com/m/279437bb-37ba-3e31-8b26-de86453e7985/sol-gindi-getting-wells.html Typical reactive Wells Fargo: Do everything you can to destroy the business, drive FA’s away to the competition, decimate our reputation, cut out... — read more 

Congrats and kudos to an amazing career!

So I was laid off from mortgage in November. I’ve been with wells for 22 years and I’m 52 years old. I now have an offer for another position with wells with the same base pay. I also have an offer with a much smaller company with a 10% increase in... — read more 

On the cnbc website there is a good article titled "A psychology expert shares the 7 toxic signs of ‘highly insecure’ people—and how to deal with them" (search falk 7 signs). Here are their most common toxic behaviors, according to Harvard career... — read more 

Any insights of what teams, how large the layoffs are expected and what areas will be impacted? Mortgage, tech, non mortgage, non HUB sites?

Did you know Wells Fargo is a corporate sponsor?

Have been on the same laptop since 2017, virtually unusable, throttled, fan runs full speed if you even think about opening Outlook. Finally get an email to do a refresh and to prepare for an upgrade. Confirm my address and then receive an email with... — read more 

nevermind

Offer voluntary buyouts!!! From the article: U.S. employees who are approved for the buyout will be granted one-month pay for every year they worked up to 12 months, as well as COBRA health coverage. They also will receive prorated team performance... — read more 

Wells Fargo did it again. This time they laid off most senior employees in portfolio underwriting and kept most non performing and lesser experienced underwriting team. This has to be the biggest mistake and this new management team has no direction... — read more 

Has anyone submitted a medical waiver to not go in the office? Any feedback helps. I heard some people got it and it was approved but I am skeptical about it for the long run of things.

Haven't seen this asked in a few hours so I thought I would check if it was still the case.

With this quote... "the purpose of...propaganda was not to persuade or convince, not to inform but to humiliate; and therefore, the less it corresponded to reality the better. When people are forced to remain silent when they are being told the most... — read more 

It’s at $43 today. Peers like BofA and JPM have seen a gain in their share prices in that period. Still no end in sight for the asset cap, various consent orders, etc. Decimated the best mortgage business in the nation. But we’ve spent hundreds of... — read more 

salary range question. In the same location, can a P5 in one job family have the same salary range as a P6 in another job family? I am comparing Risk/control to Tech. If trying to move up should you always consider the higher P# for more... — read more 

Say you worked 8.5 hours in office on Mon but worked 7.5 hours in office on Tue. Rollover minutes has you covered

No mention of Intl Women’s Day or Women’s History Month on the COO TW page. Not a shock.

Was bounced to servicing, loss mitigation area as well as a TON of other folks too. The workload is lite over here. Any word heard of downsizing over here too?

Received an email with a previous manager on it and noticed he is now some BS consultant. Wells does need to cut the fat in some areas. He was completely useless. Unbelievable how someone like that keeps climbing.

Just saw a job posting for Displacement Advisors to join the “newly created Displacement Advisory Group within Human Resources.” So that’s just swell.

Does anyone have an actual answer as to how many hours you must be logged on to the network for it to "count" as an in-office day? At my site it seems Iike at least half of the people there leave for the day before lunchtime.

None of you “predicting” dates and huge layoffs have been right. I don’t believe any of this info. None of you have inside info or been on big executive calls. Liars and trolls.

I am at a loss for words. What did I just watch? This bank is crippled by the Fed's consent order and this bozo the clown character is who we picked to lead the charge to get us out of the toilet? You have to be kidding me. There were so many things... — read more 

Feb 21 (Reuters) - U.S. regulators are investigating Wells Fargo & Co's (WFC.N) retention of employee communications over "unapproved" messaging tools, the bank said on Tuesday, the latest in a crackdown that has already sparked billions of dollars... — read more 

I use to work at WF in security and risk and today a WF recruiter sent me an email for a technology risk management role. The posting said its only in hubs: West Des Moines, Tempe, Charlotte, Minneapolis, Plano. Hybrid 3 days office and 2 days... — read more 

Managers- does HR/ higher ups look at the (legit) complaints against middle managers when deciding who gets cut/laid off? Quite a few managers treat their teams & people on them to the point of emotional abuse, or definately abuse of power. Heard... — read more 

I heard a rumor that Wells is going to move to 5 days in office requirement this summer/early fall. Anyone else hearing this?

Will layoff continue for this month or is it finally over for good?

I am so sorry for those affected today. Does anyone know how many and from what areas?

Can we have one fu----g week without layoffs? Just one?

If you have FSA (flexible spending account) and an HRA (health reimbursement account), late last year WF changed policy that prevents anyone from using any FSA funds until the HRA is completely depleted. HRA has zero expiration and Carrie’s from... — read more