Has anyone been invited by your manager to lunch? Said to celebrate my graduation, just feel it is odd. I didn’t know large corporations do something like that.

https://www.linkedin.com/pulse/where-do-good-ideas-come-from-fueling-innovation-engine-chintan-mehta/ "The best “sparks” are generated through organic cross-functional networks with continuous feedback, along with the added benefit of being able to... — read more 

Team meeting. Mass mortgage layoffs — didn’t get exact numbers but “more than previous staffing decisions.”

Pretty large number of people were noticed today. Refi volume which has driven a lot of volume over the past couple years have slowed way down. Most people knew layoffs were coming but still doesn't make this feel any better.

Investors who say Wells Fargo Bank NA aided and abetted a real estate Ponzi scheme in which they lost millions asked a federal judge in California for permission to move forward with a $3.75 million... — read more 

...still riding the Wells Fargo train. Money is very good. I’ve had some awesome experience so far. I've had some sh itty ones. No company is perfect, period -- I’ve come to terms with that long time ago.

Nothing can be escalated because all the new people at the top don’t understand the company and do not have the necessary experience to understand impact on the bank. As a result, the company will continue to see major failures and make new... — read more 

Copy/Paste from Chase's board. They are about to annihilate their mortgage group... Source: @OP+1hlYGgAO ++++++++The Trouble in Mortgage Business+++++++ The problem is that there is almost no mortgage business / leads being generated by the branches... — read more 

Here is what I propose as our people are hurting due to high food and gas prices. a) Under $40K/year - Increase pay 20% b) Under $60K/year - Increase pay 15% c) Under 100K/year - Increase pay 10% d) Under 150K/year - Increase pay 5% e)... — read more 

Another executive... working out of Hudson Yards office... previously a managing director at JPMorgan Chase. shocked face

Has anyone gone through the Religious Exemption for the vaccine here at Wells Fargo Bank? I am about to start with the bank and will go through the process so any insight from folks with the experience would be very much appreciated. Thanks!

My manager says that they can see who is not coming in by name now and this person is by no means on the top of the food chain. I can't tell if they are BSing or if the reports are that detailed as before it just showed the percentage of people... — read more 

Enough time has passed and he hasn’t accomplished anything. That’s obvious. I’m sure that the board is also aware that during his tenure no new value has been created nor did the company grow. Is it possible that some alternative solutions for the... — read more 

Now we get an email at least twice a week notifying us of COVID outbreak. Many people are oit sick. Now what?! It’s spreading like fire in a haystack. When will management take an action to protect us. I don’t feel comfortable going to the office. I... — read more 

Personally my expenses are up near 20%, rent, food, power, gas, everything is flying higher and its not slowing down. I'm only putting in the min and putting in all my efforts to jumping external. The job posts at the company are all basically... — read more 

I am spending 20 hours of unproductive time just to get an hour of productive time in an Agile setup. All the scrum calls, fancy story-planning meetings, user stories documentation, hours to give updates, teams pushing back - people not being... — read more 

@OP+1ecldRD7 or https://thelayoff.com/t/1ecldRD7 New 2022 Info Information from a meeting I listened in. Disclaimers first. This applies to Technology. I do not know how much it applies elsewhere. Certainly some of it does, and probably it will... — read more 

I am a sophmore in college and I am looking for an internship in IT and banking. I am aware this is a layoff forum but I noticed that the scope of topics you cover here goes beyond layoffs hence my inquiry here. I'd need this for June to September... — read more 

I used to work at a local bank that numbered employees in hundreds, not hundreds of thousands. There was no way for that move to turn out to be a wrong move, right? Wrong. I'd give anything to go back to my old bank. There is much more to a job than... — read more 

Would give me 3months paid to find a new job. My raise wasn't even 1%, the COLA should have been somewhere around 10% to cover inflation.

I have been offered a raise which would make me the employee with the highest earnings in my team. One would think I should be happy but I’m more scared and uncomfortable. From my experience on the job the highest earners are always on top of the... — read more 

Still on the 60 day notice of layoff deal. Thinking of how after over 10 years of loyal service to Wells Fargo the thought process of the 'loyal employee" will have to change. My son who has a Wells Fargo checking, savings and credit card that he... — read more 

Is there a way to find out which banks have said they would allow permanent remote work? From what I can see, most are currently implementing a hybrid model, which will most likely lead to full RTO down the line. It would be nice to find places to... — read more 

and driving the cattle hard for two week "sprints" to keep pushing their limits. This is how the bank is going to try to function through being shortstaffed in many areas. No one wants to be the hold up on a sprint. The scrum team is there to push... — read more 

So is it far to guess the next round of layoffs will be by mid Sept?

Last time it was the mortgage folks. Who will be the first on the chopping block this time?

The Portfolio & Investment Strategy Implementation Team with the Wells Fargo Investment Institute of WFA were walked out the door this week.

To those who were recently laid off. Can you help those of us who remain by letting us know if there was any reason why you got laid off and somebody else didn't...? Sounds like a horrible question. I get it, having been laid off at another... — read more 

America’s most trusted brands: Band-Aid Lysol Clorox UPS CVS Visa Cheerios Weather Channel Colgate Home Depot (Morning Consult) https://morningconsult.com/most-trusted-brands-2022/

Did someone pull the plug on the way out the door

“The bank is well capitalized and may be able to repurchase more stock later this year if things settle down, although Santomassimo said the bank hasn't repurchased any stock in the current quarter due to all of the volatility.” So….the leaders of... — read more 

Hmmm...

Our teams are getting hit with layoffs. Sad day!

Economists at Wells Fargo said Wednesday they expect the US to tip into a recession in 2023 after the Federal Reserve hiked interest rates by the biggest amount since 1994 in a bid to choke off... — read more 

Just want to say that I feel that I've become closer to you all here on this board than I am with the people who I actually "work" with. Even though I'll never meet any of you in person, I feel that we have a lot more in common than we do with... — read more 

Last year around august our downtown motor bank was closed and our lobby was moved to another building near by we lost so many commercial accounts and customers are barely finding us after a year. We sit around majority of the day and don’t know how... — read more