Mostly old news, but they talk about how WFC is frozen in time due to the Federal Asset Cap while other banks are outpacing us. I choked on my sandwich when Charlie talks about the “tremendous changes” he’s making at Wells Fargo 🤥. Yeah….no I... — read more
WFH accommodation
What does the doctors note need to contain? I know it was a few statements, but I can’t recall what information human resources will need. Thx!
What percentage of Develop You does not pertain to your job?
I am just amazed how much they make me test on something that has NOTHING to do with what I do.
Moving jobs to India
Was just told I need to lay off 7 people in my department in US but can hire 7 replacements in India. I wish Elizabeth Warren would stick her nose into these practices but I suppose she doesn't care about US employees. I really don't know how WF gets... — read more
Millennials and Layoffs
Gen Z and millennials are reframing layoffs, stripping away the shame and pointing the finger of blame at the company that let them go No Paywall: https://archive.ph/DvVVG Paywalled:... — read more
Open Enrollment
Has anyone taken a look at the increases in medical premiums, deductibles, and OOP max? Also, $600 more for smokers. They really are squeezing everything they can out of us.
The real numbers....
Read it and weep... http://www.shadowstats.com/alternate_data/inflation-charts https://www.highereducationinquirer.org/2020/05/lets-all-pretend-we-couldnt-see-it.html
Incoming Cuts: 50% companies plan for layoffs, 80% plan to continue with a leaner workforce
https://www.darkdaily.com/2022/10/19/pwc-survey-finds-50-of-companies-plan-layoffs-and-83-intend-to-move-forward-with-streamlined-workforces/
New Officer Titles
Does anyone know the hierarchy of the new officer titles?
This is Saul
Good Morning, Let me tell you about how we are trying to ship all your jobs to India.
RTO Funny Problem
Has anyone else noticed all the internal inter-office mail that's been piling up? It's because so few people are coming into the office, and when they do they often don't check for mail. Some mailrooms are drowning in so much mail that they don't... — read more
Several case owners in life events transferred to the phone team
I have been a case owner for well over a year working cases. There was a point in which we had to assist the Intake team on the phones for an hour a day which was horrible, but we managed through it. Now we just focus on researching/working cases for... — read more
Tabulation, will you be let go within the next 6 months?
Will you? If so, why? If not, why not?
Layoffs oct20?
Remember. 3rd Thursday of the month coming up. I do not know anything but I am sure someone does. Is the chainsaw gassed up and ready to go to town? Or is it going to sputter and quit?
Internal position
Just finished the interview with hiring manager, asked about starting date for this position, he said June. Why do they need to post job few weeks ago for the job not start until next June? Am I dreaming?
58% Live in Fear of Layoffs
https://wraltechwire.com/2022/10/18/58-of-workers-now-fear-losing-their-jobs-if-recession-hits-survey-says/
Where’s my 401K money ?
When are we going to get our cut from the 401K settlement ?
WTF is up with these CIOs on LinkedIn
We're laying off people, hiring freeze, expense issues pretty much all year. Yet I see on nearly a daily basis at least one CIO in tech posting pictures of events, meetings etc. in various cities. Do these people even work? Must be nice to just... — read more
Too many layoffs happening right now
I'm not talking just about us, but all over the place. How is everybody not worried out of their mind? I'm in sales and marketing and I know we're in trouble. All I keep thinking about is being laid off and not being able to find something else for... — read more
Employees win the battle but not the war
Although no major layoffs from last week which was the sure fire week, that good won't last long. I agree with those who believe that King Charles is taking the self inflicted wounds of war as the strategy. Why layoff when Wells can instead... — read more
Astroturfing is off the charts
Charlie must really hate how much truth gets revealed here. The astroturfers are working overtime.
My best work done while in Starbucks.
I don’t know what it is, but I get my best work done while I’m hanging out Starbucks. Staring at a monitor, in the tiny cubicle, just doesn’t garner enough creativity. Anyone else get their best work done out of the office?
RTO Mileage cutoff
Anyone know how WF calculates the supposed 40 mile cutoff? Depending on route, I’m just below or just above 40 miles. Wondering if it’s worth a try.
Does WF only ask behavioral questions in interviews?
I work in a technical role and the only questions I got were tell me a time type of questions….I’d expect that with the recruiter but even with the hiring manager that’s all I got. Is this some sort of liability thing? I feel like everyone was... — read more
Was I stupid to turn down WF offer ?
Currently in a state IT job. Full remote , 10% 401k and 120k base. WF offered 13% more in base and upto 20k bonus that I will see in Feb 2024. No 401k first year. Also drive 35 miles one way 3 days a week RTO. Interview was a weird - a behavioral... — read more
CIB leave or stay ?
Been within the CIB group for 3 years now but see zero to no growth here given how bad the markets technology is and the low level of risk this business takes to make any money. Leadership keeps saying they want to be the top 5 investment banking... — read more
Software Engineering Manager Compensation
What does the total comp for software engineering manager look like? What's the bonus target? What's the stock options look like? I know base salary in NC is between 113k and 197k.
What can we expect this week?
Another major round of layoffs? More smaller layoffs that usually target individual teams and fly under the radar? An announcement that we all have to RTO full-time? News reports about the new scandal caused by the leadership? Something else I failed... — read more
Wells Fargo bank is the best!
I love working for this company! I never would’ve Imagined I’d be in this position I’m in now. I want to thank all those inspiring leaders I’ve worked with over the years. Though, they no longer work for the company, I appreciate what they’ve done... — read more
Merit increase
What will be the expected percentage for employees who grade out at consistently meets/exceeds?
Managing out your manager.
First, let me say, that my supervisor is a nice individual. Pleasant demeanor. Family oriented. Easy-going. The individual is the wrong fit for this line of business, IMO. When the individual orchestrates conference calls, I have to hit mute, while I... — read more
CPA license
Does CPA license help you to get senior position at Wells?
Accommodations B/S
More than 4 months after submitting my accommodations request, hearing nothing, someone finally e-mails me last Friday to say that I must turn in the required documentation within 10 business days or they will close my case. I responded I would have... — read more
There goes another $2 Billion, why isn't anyone outraged?!?
Earnings released last week show a $2 billion regulatory charge related to past sale practices scandal. What is this now, up to a cumulative $10, 20 billion paid out over last several years (since 2016)? Just read an article quoting Scharf saying... — read more
Let us have a serious conversation
Does anyone have positive insight into what is going on with the WF internal hiring process? Most companies treat their internal applicants like gold. Anyone looking to move within the COO for example is considered a poached role. I have applied for... — read more
Will Operations Managers in the branches lose their jobs bt the end of this year?
Will Operations Managers in the branches lose their jobs by the end of the year?
WF Fraud Victim Negotiating Presently
Anyone know what the topline payoff is for the account fraud victims that received checks for $150. in the first round? Trying to figure out what their range is - they are very eager to get it buttoned up but the financial abuse I endured as a... — read more
Application status
I’m going to meet up with hiring manager next week, why does my application status still show “review” instead of “ screen” or something else?
Double dippers beware
The firing of 24 remote employees from Equifax’s workforce is the result of a months-long internal investigation by the company, says Insider. The company allegedly looked through the records of at least 1,000 employees—including human resources and... — read more