Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Wall Street trashing Dow Jones average on purpose

They know their gravy train is ending so they want to throw the economy they have already trashed in further disarray in the hopes it will bolster their preferred candidates. They want their corporate welfare back and Main Street to take on the tax... — read more 

Competition between peers?

I want your opinion … is anyone else noticing unnecessary competition, role grabbing and unethical behavior (sending your work out as if it is theirs) from your peers? This is a new one for me and my first problem with a peer in India. Just want... — read more 

Managers not informed about layoffs?

I’ve been told that direct managers are not being informed prior to to their team member getting displaced and the manager has no input into who gets displaced. Is that true? If it is, how is HR or senior leaders deciding who should be displaced? — read more 

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Post ID: @OP+1ipQKi8j

What is Agile so bad here?

I was at Wachovia then Wells for my entire career - so I have no experience in how Agile works elsewhere. Why is it going so poorly here ?

Internal Audit - Good? Bad?

Let's say hypothetically that someone is considering an offer within IA, despite this person being aware of the general ins and outs of working at Wells. But this someone knows nothing about the culture, stability, etc of IA specifically. Any... — read more 

Help Where to turn?

I have been a meets and exceeds employee within frontline risk organization for the last few years, primarily doing testing. I recently discovered what appears to be a cover up of regulation violations that supposedly had been resolved. I discussed... — read more 

Non-Certification (AZ-900)

We're being told that we must become "Cloud Certified" this year. The dates change depending on what manager is talking, but the bottom line is that we're being asked to study for, take, and pass at least one formal exam that deals with "cloud". .. — read more 

8/25

Since everyone seems to think today is a big layoff day has anyone got a confidential meeting request yet ?

What's the main reason that's pushing people to leave?

For the few people I know who quit in the last month, it was RTO. They were able to find full-time remote positions (lucky ba----ds) and move on. I know this is not true for everybody or maybe not even for the majority. It would be nice to know what... — read more 

Branch Managers

Is it true that Branch Managers can’t help customers? I was swamped today and my manager took a long lunch, played on his phone and rearranged the lobby. WTF, I want a promotion now!!

Info Security

Is overloaded with monumental incompetence. They only exist as an organization as “insurance” rather than as a team that actually contributes. Also, the hiring from India has increased, which is odd, unless they are balanced by on shore team members... — read more 

What ever happened to freedom of speech?

I have posted some comments on this website and have noticed that some of them have been taken down. I have not stated anything that is offensive to anyone. What ever happened to freedom of speech?

So tomorrow is the day…

All the talk has been about the 8/25 bloodbath. Be interesting to see if it’s legit at all. I’m sure tech is affected.

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| 3340 views | | 16 replies (last August 26, 2022)
Post ID: @OP+1inrxXJN

New HR Transformation Leader -- based in Richmond?

Well, well, well. Look where our newly appointed HR Leader for Transformation and Products will be located. A WF HR hub? Nope. DC/Richmond. RTO rules for thee, not for me. Way to lead our transformation WF...

Music

So like are we okay to play music at our desks? I just started at the office this week and it’s so quiet I can hear a pin drop. It’s so uncomfortable. None of my colleagues say hi or speak to me and they look pretty sad all day long. I need some kind... — read more 

Quiet Firing

We all know what Quiet Quitting is. But I believe that WF has been doing "Quiet Firing" for a long time. Not outright terminating people, but intentionally making the work situation less pleasant, perhaps to encourage people to quit on their own. ... — read more 

I&P - how evil is WF?

https://theworld.org/stories/there-are-more-modern-day-slaves-living-india-anywhere-else-earth

Cost of Living increases

This has me steaming. So on the last (and previous) AMA’s we heard that no one would be receiving a cost of living increase. It has been confirmed that many exempt positions did in fact receive one. I’ll leave it at that. Time to get serious... — read more 

New RTO Buzzwords Coming

We're starting to hear some new RTO related buzzwords: Network Pod, Hyperlocal, Cross Pollinate, and Work Bubble. A "Network Pod" is a small group of employees that sit with one another, but are not in the same group and do not actually work... — read more 

Why is there more and more talk about full RTO?

We know hybrid has been a total failure with them not being able to get most of the people to the office even for just three days. Now they want to implement full five days in the office? How can they think that this would be anything else but an... — read more 

Manager/Team problems

I recently joined a risk team where I frequently see my manager playing games on his phone and then “pretends” to be busy. The MD for this group is on the path to retirement and barely makes an effort to get to know the business or do any team... — read more 

Manager issue

Today my manager yelled at me because I was gone to long getting chicken tenders and phone calls were backed up, I said he was lucky I came in at all and left to go to Wendys. Now I’m going to let him think about what he did while I get my hair and... — read more 

"Verify Dependants"

WHAT the heck is that all about? Why do we have to send in proof of marriage licenses/certificates or birth certificates for our dependants? There is something bigger here that they're not saying. This has NEVER been a thing in all my BAZILLION... — read more 

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| 3680 views | | 41 replies (last August 25, 2022)
Post ID: @OP+1imwYSrz

New Coffee Program - RTO

HA HA HA...Well that settles the RTO issue... WF has a new COFFEE PROGRAM rolling out to all locations by 4Q2022. WOW...this is great. Now I HAVE to get into the office each and every day!!! NOT!

Emergency Notification System

Apparently Wells does not know the meaning of the word annual. They just tested the system, so why am I getting a phone call, and the following text message? Annual emergency notification test for Wells Fargo employees. This is a test of the... — read more 

Math of Sr executives

If we add up the salaries of the directors and Sr executives...how many people could keep their jobs if we use a average of 65k a yr? Instead of laying people off...gee...maybe the executives can go for $1 salaries and no stock for their workers?

Any experience with PNC bank?

I am anticipating an offer from PNC bank. I am wondering if anyone has prior experience or insight on the inner workings on PNC. Is it better or similar to WF?

Layoffs outside of mortgage

There is no way that there will be layoffs outside the mortgage origination side. IMO I feel all areas will be safe except the mortgage department.

WFH at Wells and other banks

I wonder if there have been any serious talks about upping in-office days. Someone commented in another post that there is no longer a Covid danger. Guess what? We know. It’s not about Covid anymore. It’s about proving that we are just as productive... — read more 

What's wrong with RTO?

What in the he-l is wrong with RTO? I'm sure most of you complaining are the same people taking vacations, going to bars/ clubs, gyms and movie theaters with the general public so why can't you go into an office an work?... Be thankful you have a Job... — read more 

Question for BofA people

How does Wells Fargo’s headcount for Audit, Corporate Risk and Front line risk compare to Bank of America? Is Wells Fargo really bloated in risk?

Somehow companies are bringing jobs back to USA

As the WSJ article indicates... But somehow WF is sending more jobs offshore... What does this mean? WF doesn't care about USA workers? https://www.wsj.com/articles/u-s-companies-on-pace-to-bring-home-record-number-of-overseas-jobs-11660968061 — read more 

What makes you want to defend Wells Fargo?

Be honest, please. I often see in posts people come to the defense of the company and I have to wonder why. All that Wells Fargo is proven over the years is that it doesn't give a damn about any of us. Loyalty means nothing to them. So why defend... — read more 

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