Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

FSA Robbery

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 

Bye!!!!

Well, there it is. Confidential meeting in 30 minutes. Fu-k this place.

Not every change in schedule means layoffs

I can understand why people are paranoid but you're not doing yourselves any favors by getting worked up over every little change or boss' mood alteration or whatever else. You'll drive yourself crazy if you start stressing every time something like... — read more 

What’s with the hate here for DEI?

I see at least one person complain about DEI in every single post. I don’t understand why. I’m white and it is something that I see as being important. Illuminate me on why it’s such a bad idea.

WFA re-org?

It seems much of the bank is undergoing serious reorganization, is this coming to WFA? They continue to add staff and are not undergoing the same transformations

Don’t take RTO too seriously

Situation in my hub: It’s 2:30 and the 3 people here are long gone. The people who come in early start leaving at noon and the ones who stay later come in around 11. I also see people leave after an hour. Commute time= part of my working hours as... — read more 

TPRM

Thoughts on TPRMO and TPO current state? Heard changes being made in IRM and the frontline including leaders. Truth?

ChatGPT

DIMON SAYS AI POTENTIAL IS 'STAGGERING'

Is Core ever going to be replaced?

I have been out for a while. When I left tech was working hard to replace Core -- but very slowly. There was a post on here speculating that Core could be replace with BKI Empower. ICE is trying to buy BKI and need to dump its loan origination... — read more 

It starts with practicing empathy

Mass layoffs. Using someone's livelihood to balance the books, right? It is so normal today that we do not even understand how broken and damaging it is not only to human beings but to business. We have literally created a culture which every single... — read more 

AVP vs VP

Does the bonus structure differ? Even if they have the same title e.g. senior lead.

WDSM IS Homebase bldg sold

I know the plan is to consolidate to Jordan Creek eventually — but anyone else hear that Homebase is already sold?

Silvergate for sale!

Rumor has it that Wells is interested in buying the Crypto Bank. Silvergate down around 95 percent from all time high Good buy?

https://www.nbcsandiego.com/news/local/wells-fargo-banker-out-of-chula-vista-gets-prison-time-for-opening-fake-accounts-to-launder-mexican-dr-g-

This news is one week old, but what the what??? 3 years after the fake accounts scandal, one year after the Federal Asset Cap for lack of oversight…and we can’t figure out that one of our bankers is using Wells Fargo to open fake accounts to... — read more 

Branch Layoffs 2023

Will service managers be laid off? Like the position totally eliminated? Will any premier bankers be laid off? Will the teller and associate personal banker positions ever be consolidated into one? It’s mind boggling that they still... — read more 

"Employee appreciation day"

I don't know what it is, but WF is spamming me with email about it. "If you appreciated me you would____"

3/21 - Powell meeting

Well, with the company wide townhall from Scott Powell just announced on 3/21 which is set up to address "transformation" I assume that date is all but a certainty for the next big layoff date.

Follow the RTO Money

So many companies are pushing RTO and we all know in 2023 that it makes no sense. Unless you consider who owns the buildings our offices are in. Wall Street. Incestuous boards of directors, REIT's, investors. For most work, there is no need to... — read more 

Who is responsible?

Husband can’t get the bank to release $500 left in a business account from when his partner died (he passed away about a year ago).The partner’s wife, the executor of the will, has attended meetings with Wells Fargo with him, more than once, and he... — read more 

Is it just me…

Or does there seem to be an increase in people taking leaves? Most I am hearing about seem to be mental health related. Multiple members of my team at one time. You would think this would send a message….

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