On my team there is no longer any flexibility with RTO because it’s now being tracked and managers are being held to it which means it’s being enforced with zero consideration for employee welfare. Car trouble, sick kids, feeling under the weather... — read more
Did you
Spend money near work today? If so, congrats you just fed your abusers. If not, good job n keep it up. Don’t forget to get creative with what you make for yourself. Not like the 3 repetitive options nearby are any better or healthier.
Anyone heard anything about the new LO comp plan?
For mortgage bankers? Supposed to roll out sometime in March I think. Rumor is there could be some very significant changes made to the primarily commission based plan….moving most people to a salary plus a per unit bonus. If true, That’s gonna hit... — read more
Promotions
Question on promotions I couldn’t find on teamworks - I was promoted in the year end cycle. I was also thinking about leaving the group and looking for a new role and the promotion was an unexpected surprise. Is there any information available in... — read more
Layoffs in February
Other than the mortgage, were there any other layoffs this month? I can't recall anything.
Despite layoffs, our overall team member count is actually flat to rising
Are layoffs being overstated, or is the bank hiring more contractors or shifting jobs overseas?
This is Wells Fargo in a nutshell
Strangest company I've worked for. I didn't speak to my manager for the first two weeks on the job. I tried reaching out several times but he seemed to have no interest in communicating with me. I wasn't even sure what software I needed or how to... — read more
Shoo shoo now…
You’ve got to get to the office today. Go on now, ya hear, there’s things to do there.
Peace out AWC!
Did you receive Friday's announcement about AWC leaving in May? Comes in - reorganizes everything and now has 12 weeks to pi-s off everyone on her way out. Bravo!!!
RTO
Are people that were remote before Covid being asked to return to office?
How much EMF
Is in our WF offices?
Technology
Is it just our area or is it Wells Fargo as a whole- Technolgy is very outdated? Our computers never work and always slow.
What for is SDET?
What is the thinking behind Software Development Engineer in Testing? Are they planning to build a separate Testing Wing parallel to development wing?
I left Wells 2 years ago and still hate that company
Anyone else who's left still reeling from their experience there? It was not a good experience on so many levels.
What's the story with RCSA?
I'm being pulled into RCSA and I'm trying to figure out what the logistics are for that. Lots of travel? Crazy hours? Anyone know what the story is with the day-to-day work on RCSA? Thanks
TurboTax w-2 import doesn't work
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 ?