Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

RTO Covid

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 

What days are you doing for RTO?

Want to know so I can optimize my collaboration opportunities. Also, I think as many people as possible need to come in on the same days to hammer home how ill equipped we are for full staffing to occur.

Tech RTO

Will tech be tracked as part of the January mandatory RTO?

WF could be shutdown?

https://original.newsbreak.com/@jalyn-smoot-1588339/2872832502492-wells-fargo-could-be-shut-down-by-federal-regulators-after-costly-3-7-billion-scandal Avatar of Jalyn Smoot Jalyn Smoot Wells Fargo could be shut down by federal regulators... — read more 

Annual matching

Yep , I just checked , the annual 401k matching I grafted so hard for went straight into the WFC ESOP account again . Never mind that a have a funds allocation set up for contributions . So annoying. Waiting for an uptick and then will get rid of it... — read more 

CFO's Expect Hard Landing

https://www.cnbc.com/2022/12/28/dow-headed-below-30000-slim-chance-of-soft-landing-for-economy-cfos.html

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| 1035 views | | 1 reply (January 6, 2023)
Post ID: @OP+1ksDEAao

Don't forget, Monday is a holiday

Don't go to work until Tuesday. (Monday is New Year's Day observed.) But at least you only need to RTO 2 days because of the holiday. So that's good, right?

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| 1222 views | | 1 reply (December 31, 2022)
Post ID: @OP+1ks9sHfb

Who is planning to leave?

Now that the 401k match has hit accounts and bonuses are a month away, how many are really planning to leave? Is it enough to make HR and the C suite re-evaluate their current policies?

I work more from home

Before WFH, I used to do my 40 hours and that was it. Once I was done with work, I was done for the day. Once WFH started, I always start half an hour early and finish half an hour or an hour late. Plus, I am never fully done with work. I keep... — read more 

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| 1560 views | | 6 replies (last January 2, 2023)
Post ID: @OP+1ksiHXNU

What to expect from 2023?

Goldman Sachs: lnkd.in/eKzF_2K4 J.P. Morgan: lnkd.in/eHb6-622 Morgan Stanley: lnkd.in/e2nAMjmM Fidelity International: lnkd.in/eJwK6tVx KKR: lnkd.in/eRivWDns Bank of America: lnkd.in/e8XFD8TW

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| 1170 views | | 2 replies (last January 6, 2023)
Post ID: @OP+1kr3kgdS

There's no reason to work hard at WF

Your job security, raises, bonuses, and promotions will be based on demographic factors and nepotism (and now RTO) WAY before actual job performance. To be fair though, it's not just WF. Most orgs are like this (banking or not). Also, there... — read more 

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| 1780 views | | 8 replies (last January 5, 2023)
Post ID: @OP+1krEFyTu

Mandatory RTO will solve one issue

Judging by posts here but also from what I've heard from people I work with, once mandatory RTO becomes a thing there will be a mass exodus of employees from Wells Fargo. If that happens, the rest of us can relax because there will be no need for... — read more 

Acronym questions

I have a phone screen for a WF position next week. Can anyone give me a short synopsis of what these systems are? (or let me know what the acronyms mean?) They are listed in the job description and I want to sound at least slightly educated on them... — read more 

No manager is a double edged sword

I have a manager in WFHM that I love. I get my work done. We go over branch inspection 10 minutes every month- our only meet up. I never have a one/one, never have team meetings, never receive evaluation, no reports etc. I don't know who is on my... — read more 

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| 1820 views | | 7 replies (last December 31, 2022)
Post ID: @OP+1kqkm3ta

RCSA Extended Hours

I have been voluntold for RCSA and I was wondering what extended hours are they still expecting RTO under the same 3 day minimum? I would have a real issue working 8-5 then 8-10 at night and still be required to commute in office for the same exact... — read more 

Some sage advice

Big companies like Wells and Southwest are in it for shareholders, not stakeholders. Profits get to shareholders and they are short sighted. Southwest hasn't invested in technology, processes and people like they should have. Neither did Wells for... — read more 

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| 940 views | | 1 reply (December 29, 2022)
Post ID: @OP+1kqdg8qc

What's the point of hard work?

I'm so tired and I have nothing to show for it. I work 12 hours every day and that's from home. I haven't gone to the office yet but if they truly make it mandatory, I can add two extra hours to my workday. What kind of life is that? I haven't... — read more 

Empty office

Sitting in a virtually empty office today idly musing if we will see people come streaming in in the new year to comply with stricter RTO requirements . If I were a betting person I would probably bet against it ….:)

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| 1640 views | | 4 replies (last December 29, 2022)
Post ID: @OP+1kp6UTPy

How much money is enough to feel safe enough to quit?

How much money would you need to have in your savings and checking accounts to feel comfortable telling WFC management to f-off and walk out, never to look back? No 401(k)s or other funds that you can't touch just yet. I'm talking strictly about your... — read more 

Empower is garbage

Awful fee scale. Intentionally not user-friendly. Makes users dig to learn typical homepage dashboard info. WF really dug deep to get the Pinto of management platforms.

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| 2130 views | | 8 replies (last December 31, 2022)
Post ID: @OP+1kpjUgil

Southwest the Wells Fargo of airlines

The CEO finally comes out and confesses “outdated IT” after hiding behind an industry problem. Once no one else in the industry has the problem the truth finally comes out - as an apology for running on razor thin margins to increase profits. Totally... — read more 

Good luck to all control owners in 2023

IT&V is a cluster mess. If you needed someone to defend you in court…would you hire an auditor? Wells decided they needed someone to lead their second line testing and hired…a lawyer? Patrick knows little to nothing about risk control or testing and... — read more 

401k match

When does the company match arrive in your account? Is this match eligible for both employee contributions to the 401k and Roth 401k?

When are the salary and bonus numbers finalized?

I know we are supposed to have our year-end reviews in mid to late January and find out what our raises and bonus amounts are then, with the new #'s actually kicking in in February. Does anyone know when those numbers are actually finalized though so... — read more 

Low Ethics Hypocrisy

Why do you work at a bank that pays by billions for consumer and employee abuse? Then turns around and tells employees to cut back. Or lays them off. Don't you want better for yourself?!

Opinion At Wells Fargo, who directed the nefarious acts?

The Dec. 21 news article “Wells Fargo to pay billions as a penalty” reported that Wells Fargo has been ordered to pay $3.7 billion in fines for harming at least 16 million consumer accounts. The harm included charging illegal overdraft fees, seizing... — read more 

Workday - Personal Holiday error

Realized I still had 8 hours of "Personal Holiday" remaining so tried to book it today. Getting an error when trying to update the "Quantity per Day" field - "Unpaid absence is not allowed for Personal Holiday. The Personal Holiday request for... — read more 

Any updates on the fake hiring scandal?

Remember the fake hiring scandal at Wells. People being called to interviews when the winners were already pre-selected. Despite the fake sloganeering about DEI, etc ., no real minority candidates were really hired. The only minority ones incoming... — read more 

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| 1990 views | | 13 replies (last December 27, 2022)
Post ID: @OP+1kkEJwBe

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