I recently signed an offer for the Technology internship at Wells Fargo but after hearing about the unfortunate situation of the layoffs I'm wondering if they'll go for the interns next, what do you think?
Control Org
Heard from a Control Exec recently that the whole control org is overstaffed and there will be a 30% reduction in the next 2 years. Anyone have additional insight into this?
Right?!
It's become a Wells Fargo thing to constantly say "right?!", either mid-sentence, and/or at the end of most sentences. Seems to be mostly upper Midwest employees doing this. I guess parents hear their teenagers talk like this and eventually start... — read more
MORE RTO stuff...
Had a team meeting the other day with senior, senior leader. He advised that they will not be getting 'individual' RTO reporting. They do NOT take into account PTO, holidays, etc...just shows if you were in the office any during a specified... — read more
inrealistic pay ranges
I like how WF and others are being called out. https://fortune.com/2022/11/04/new-york-city-pay-transparency-law-salary-range/
Data Team Salaries for Los Angeles, 75th Percentile
Title / 75th percentile =========== Big Data Engineer $223,028 AI Architect $233,508 Data Architect $238,748 Data Scientist $220,735 Database Manager $219,098 Database Developer $188,968 Database Administrator $168,663 Business Intelligence... — read more
No raises if you make over $150k
Is this true? Please share your experiences.
VDI and RTO
so, migrated to VDI and noticed that edge thinks I am in California and I am not so I assume thats where the cloud servers are. How does WF know where I am logging in from if using VDI?
Future of CIB Business
Been working in CIB for almost 4 years now and love the work life balance and my team which is rare to find at big banks. I am at a mid career level with approx 20 years. CIB senior management says they want to grow this business but nothing really... — read more
COVID Vaccination Attestation
Serious question, why are they still asking new hires to attest to their status? It's over, mandates are dead and only the soon to be sued into oblivion aren't aware of that, so what difference does it make? Is it so they can charge the vaccinated... — read more
Workday language
Has anyone noticed the language being used in the Workday iOS app? If not, I’ll just write it off as an occupational hazard of mine. I’m very observant. For example, when I open the iOS app, I see an icon named, Absence. That word brings back lots of... — read more
Enrollment - Missing free Long-Term Disability
Where is free basic Long-Term Disability 50%? Is it gone forever?
Why nobody cares about townhalls any more?
What's the reason? People are lethargic, there is no engagement, etc. I think everyone just gave up. Working from home does not help, we are all removed from each other.
Laid Off 11/3/22
I was the laid off today after working at wells for 6 years! I got the call today , then 5 minutes later my manager has a meeting with the rest of my department letting them know!
Fintech Meltdown
Stripe just laid off 14% of the total headcount
Hiring Freeze
Hiring freeze is real
Um Uh Ah Town Hall
So far... "Ather, what's your group called again? Strategy, Digital, something?" "We have some other folks here who's names I can't pronounce" Can't wait to hear how the rest of this unfolds!
Townhall Question
Think we can get Chuckles to answer this question? "We noticed that there is a $10,000 bonus to employees who refer outside candidates who then get the role. Would it be in Wells Fargo's benefit to instead lift the RTO policy that has caused this... — read more
How much work do you actually do every day?
What's your daily average? An hour? Ten hours?
More RTO BS
We were told they are starting to monitor in our group and that there is talk of tying to performance. If a coworker and I have the same title and perform essentially the same function on the team but coworker lives >40 miles from a WF site, we are... — read more
Home Lending Layoffs in Progress Today
They are hitting Home Lending again. Honestly, given the macro situation there will be even more cuts. The interest rates are over 7% right now and it'll go even higher. So, more pain and more layoffs. This meas less profits, less profits mean less... — read more
WF hiring is a joke
It took 2 months to get interviews scheduled and the interviewers were literally reading off from a list of questions. Very weird getting all situational questions since I’m in a tech role. No response from the recruiter afterwards then out of the... — read more
Pull your money out of Wells before you get fired or after?
While we sit around wondering if we'll be fired next, NOW IS THE TIME to PULL YOUR MONEY OUT OF WF and put it ANYWHERE ELSE. It's the best we can do while we wait to see if it's our time or not. If you haven't done so already, I HIGHLY RECOMMEND... — read more
Saul's giant middle finger to employees
Dangling a $10,000 referral bonus for the referrer if they refer "outside talent" to WFC. May as well just tell all existing employees to eff off and die. This management team is terrible.
RTO
Latest and greatest: RTO still top of mind, and likely to still be a part of discussions going forward. A leader had a coffee chat with Charlie, and a question was asked about what that leader was doing about RTO. I wonder if anything different will... — read more
No raises
Control Management group under JB... No more raises, even if you get a promotion. I was offered a promotion in this area but it did not come with a raise.. WTF? Disgusting...
Rip your career 11/3/22
Remember it’s Thursday…
Another federal agency is scrutinizing Wells Fargo’s diversity hiring procedures
The Securities and Exchange Commission is scrutinizing the bank’s hiring work related to diversity, the filing stated in a section disclosing legal actions against the bank. The Justice Department is also among the government agencies undertaking... — read more
Many of you are long overdue to leave
If you're still unsure if you want to leave, ask yourself the following: Are you underpaid? Is your job stressing you out? Do you work more than anybody around you but you're never recognized for it? Do you hate the very thought of going into... — read more
Who else is working fewer hours wfh?
I admit I get to run long errands while home, take care of dr appointments, while I couldn't do that while in the office, and just be out, and about. I have my phone to check email requests with me, but don't necessarily need to be in the ... — read more
100% remote position job posting- is this real?
Saw a posting for an analytics consultant position that says it’s 100% remote… are some teams still getting exceptions or will this be one of those bait and switch situations where it would eventually turn into a hybrid job?
Mandatory OT
We are now required 5 hours mandatory OT and “encouraged” to work Veterans Day and Thanksgiving! We aren’t that busy but are supposed to do it anyway. Waste of funds and no way in he-l am I working on holidays.
HR town hall
Did anyone listen to the HR town hall today. The survey results stated today were the lowest in a very long time. Keep up the RTO initiative everyone. I hope our voices are being heard.
Global Employee Survey results are in
Post your thoughts here.
How To Have RTO Rescinded
Here's what we do: buy the campuses themselves. And then turn around and sell them to someone else (not Wells) to repay the loan needed to buy it in the first place. Obviously, this is too expensive for the average employee to shoulder on their... — read more
Serious question
Why did we invest all this time, money and variety of resources into improving technology for both our customers and employees, only to return to the office and work like it’s 1980 again? I mean, the props (clunky Cisco phones, desk cubes, etc.)... — read more
Who else is working fewer hours since RTO?
When I worked remotely the whole week, I used to feel obligated to constantly check my email and answer them at any hour, I spent at least an extra hour or two on work, and I did more than ever before during those hours. Now I get to the office, take... — read more
Wells Fargo mortgage staff brace for layoffs as U.S. loan volumes collapse
https://www.cnbc.com/2022/11/02/wells-fargo-mortgage-staff-brace-for-layoffs-as-us-loan-volumes-collapse.html