We may start to see the dominos falling soon. Goldman Sachs will lay off as many as 3,200 employees this week as the economy and market climate pushes banks to find more cost savings. I don't believe that Wells Fargo will immune to this. CS is the... — read more 

Using just one word.

Wells Fargo’s IT hiring activity declines 25.7% in December 2022 US-based company Wells Fargo’s IT hiring declined 25.7% in December 2022 when compared with the previous month, according to GlobalData’s Job Analytics... — read more 

Was it Charlie? Asset cap? DEI? RTO/remote? I used to work with some really talented people. We used to get 40 resumes per posting brimming with quality. Now team members are happy to sit idly by while I do a disproportionate amount of the team’s... — read more 

Some employees are denied opportunities for promotion, even when they have the skills required for higher-level positions. This happens because of an anti-internal movement initiative forcing diverse array of candidates in from outside when they... — read more 

It won’t happen overnight of course but it warrants pursuing.

I’ve had it. Who knows the formula to the secret sauce?

I have been at Wells for approx 3 years now and been working with a manager who is flat out lazy and it is clear that he is there just to collect a pay check before his retirement. Following are my daily observations: I catch him sit in his... — read more 

Laid off from Wells Fargo this year. All of those long hours of overtime, many nights. Working all weekend for months. Produced "critical" reports for the company that went into production with no errors. Co-workers copying my computer code and... — read more 

Guess which bank Madoff ran his multi- billion $ Ponzi scheme through for over 20 years?? JP MORGAN. This is where Charlie has been hiring all our new overpaid execs from?? No wonder we can’t get out from under the Federal Asset Cap. Please... — read more 

https://nypost.com/2023/01/06/wells-fargo-vp-shankar-mishra-urinated-on-passenger-on-plane/

https://imgur.com/bALmQzs

Just wrote a good perspective that’s very relevant for layoffs and good food for though. It has to do with moving jobs to India. See below: Guys I think rather than complaining about this, we need to be looking at ourselves. Why are companies... — read more 

The company's revenues will increase, but the pay will not reflect that. Management only cares about numbers, not people. If you're looking for a place where you can feel like you're part of something special, this isn't it. There are better... — read more 

In a 2019 congressional hearing the ceo Sloan indicated there was NO plan to hire overseas while u.s. employees were being let go. hiring in India has increased significantly. Looks like over 30% of current postings are in India. Why is this ok... — read more 

So, long story short, I was displaced last year and have passed my 60 notice period. I had been told by the displacement HR people that my benefits would continue while I was on Salary Continuation but just found out, at the pharmacy, I am no longer... — read more 

Or at least a way to minimize your chances of being included - other than kissing the right behinds?

Our division leader told us today that large-scale WF cuts are imminent. No details given when pressed. Also indicated RTO eventually returning to 5 days per week. Not sure where they plan on putting everyone, given our reduced office spaces. .. — read more 

https://stocks.apple.com/AQXlmqmVMQkeXBJNIhsAMhQ

What a piece of sheet. Wells Fargo is a losing proposition for everyone except our executives.

They’ve just installed free gelato machines in the break rooms at Hudson Yards (at least on the upper floors). Add that to the fridge stocked with free sparkling water, baskets filled with free snacks, and the actual espresso machine, 3 days of RTO... — read more 

If you have investments, Roth etc…, with Fidelity and you accept a job with Wells Fargo, does WF require you to move all of your investments under the Wells Fargo umbrella?

Money is coming our way. What kind of bonus do you expect?

4 more weeks til that bonus hits n I quits 😜 enjoy that commute tho

With so many employees choosing WFH over returning to the office three days a week, I don't have to worry about layoffs. I have been going in since week one and if they ask me to increase it to five days a week, I'll happily do it. If layoffs happen... — read more 

Does anyone know for folks laid off in November if/when they will get there accrued PTO paid out?

If laid off or fired (e.g. RTO nocompliance), does company matched 401k monies vest?

After hearing about the "Southwest issue" such as out of date technology, old ways of doing things, employees letting other know these issues but never being heard. One day something will give way and Wells Fargo will be in the same situation. Wells... — read more 

Does anyone know which town hall mentions that national holidays are considered one of the "in-office" days for RTO / hybrid schedules? Can it be found on WFOD? Our manager thinks that in 2023 if you work MWF in office and Monday is a holiday, you... — read more 

I’m looking for any advices how to stay sane on training incompetence coworker, this person still can not perform a simple task after six months. It really makes me so angry every time talk to this person. There is nowhere on my job description with... — read more 

I wish I had that option but I can't risk losing my job - I'm one of those who are tied to their position because they can't afford to lose their medical coverage even for a short time. I've tried finding remote jobs to apply for but lately, the... — read more 

Got a check for $100 , apparently for the mishandling 401K accounts-did you get yours?

It’s a ghost town in my building today. There are only two of us on my floor and I’m sitting in a room all by myself “collaborating.” Rumor is this building is up for sale. I hope it sells soon and that we all get sent home permanently to work... — read more 

Looks like another sc--w up by Wells Fargo, they did not send the file of employees to United Healthcare and all employees appear to have their healthcare coverage canceled. The call center is being overwhelmed and better hope you don’t have to go... — read more 

So are people in CA and Bay Area really expected to RTO in the middle of a level 5 atmospheric river storm for the next 2 weeks? Roads are flooded, roofs are leaking, many are displaced, so… Isn’t even worth risking your life to drive so you can... — read more 

We just got a clarification that we still have to come into the office three days this week even though Monday was a holiday, is this true for other groups? I'm honestly disappointed and this screws up my personal schedule a bit

Any one aware of non-hub site closures in 2023?

Should we expect another round of layoffs this Thursday? I’m dreading Thursday at this point. Has anyone heard anything that would indicate otherwise?

I know I'll be one of the few at the office (I do Monday-Tuesday-Wednesday to get it over with) but I still feel physically sick just at the thought of going in. I don't even know when I went from loving my job to hating it with a fiery passion. I... — read more 

These companies are on the precipices of a complete covid spike and WF is starting analytics this month of in office compliance… to the person at that top my entire family has either had covid or currently has covid during christmas break. but don’t... — read more