https://www.businessinsider.com/wells-fargo-ceo-charlie-scharf-bank-could-pull-back-mortgages-2022-6 To much reputation risk involved with Mortgage, we shrinking it. Mortgage rates are going even higher.
Is CIB a good department with few layoffs?
I'm interviewing there. Any big recent layoffs?
Are all WFHL groups still working from home?
I am in a specialty group with home lending, and we are all still 100% WFH and plan on being this way indefinitely. Are other home lending groups still 100% WFM? I seem to remember hearing that all (or most) mortgage groups are going to be WFH going... — read more
When is the next layoff date?
This is a layoff board, correct?
NYC mayor says hybrid work is not permitted. Everyone back to the office.
https://www.nydailynews.com/news/politics/new-york-elections-government/ny-nyc-mayor-eric-adams-return-to-office-city-employees-memo-20220601-jhupsedtsfginnkdk7u5y55bgq-story.html
Has anyone noticed
Headcount after 3 years of Chuck, Scottie, Tanner, Billy-boy and company has not decreased significantly. What has decreased is dollars on salary as they run off tenured staff and off shore or hire young and d-mb.
Charity
I work in a midwest office. We use Uni__d W_y as our Charity. Just curious if that is company wide?
All operations will now be a solid line to Lester Owens
Breaking by email
Wells Fargo employees pushing to organize union across bank’s workforce
https://amp.theguardian.com/business/2022/jun/02/wells-fargo-workers-union
Why is the WiFi at the office so bad? Disconnected multiple times per day
How can WF be this incompetent
Constructive Dismissal
Do we anticipate a class action or regulatory inquiry into potential Constructive Dismissal from exit interviews?
Covid coursing through the veins at WFA since RTO.
It is probably safe to assume it’s happening in other cities/hubs. I know, personally, of at least 10 people on our floor of 150 who are out with it as we speak. There are a lot of other employees, whom I don’t know personally, who are suddenly... — read more
Mid-years
Thinking of starting a company that sells written self evaluations tailored to your corporate objectives. Guaranteed to make you sound like a world beater while saying nothing at all. Who'd buy?
Is our management on the same page as Elon Musk?
5 days in office permanent coming soon! MUSK ORDERS TESLA STAFF RETURN TO OFFICE, SAYS REMOTE EMPLOYESS 'PRETEND TO WORK'. This is just the tip of the iceberg…
Dress code?
Is everyone adhering to the dress code now that we are back in office? If so, why? I see a lot of people dressing to the 9s just to have conference calls then look at me weird for showing up in sweat pants and a shirt
Viewpoint diversity at WF is 13% overall... sounds about right
https://viewpointdiversityscore.org/company/wells-fargo
Is it wise to apply for bank jobs at all?
I am one of the people that got let go from WF last month. I still haven’t found a job but I updated my CV and have been job hunting since then. I even landed two interviews. Anyway, the question that bugs me these days is whether it is a wise... — read more
24% turnover rate at WFC
This can't be right, can it??
RTO Busted
Anyone get busted for not being in office required 3 days a week? I know of some who have. If you haven’t, how are you getting away with it? We’re supposed to have 55 people in section of floor I am and most I’ve ever seen is 15. — read more
Don't you feel proud to work for a bank that is always getting the ire of Congress?!
Well well, Sherrod Brown and congressmen/women again busting the chops of WF today. It's as if the Bank just can't quit screwing up?! When will someone come to the conclusion they're too big to manage? These congressmen/women shouldn't be just... — read more
401k match only at year end
So if you quit in the middle of the year, you do not get any 401k match for the months you worked. Is that correct?
Forget Wells Fargo, work for the Gov't and make 500K a year as a Lifeguard
https://openthebooks.substack.com/p/top-paid-la-lifeguards-earned-up?s=r
Looks like Charlie got another spanking
"Senator Sherrod Brown of Ohio, the chairman of the chamber’s banking committee, rebuked Charles W. Scharf for the bank’s continued... — read more
I just watched Dirty Money episode The Wagon Wheel
I would like to say I was shocked and surprised, but I'd be lying.
Holidays - office or WFH day
Does anyone know if holidays count as an in office day or WFH day? I asked several managers and they said play it safe and come in 3 days. Same thing for PTO come in 3 days if you take 3 days off come in two days.
I'll be gone by the end of next month
I was never too happy here but WFH made everything more bearable. I wouldn't even mind RTO as much if I didn't have to deal with my as----e manager face to face again. I've been looking for remote jobs but I guess I'm a bit late to the party, since... — read more
Wonder why they're being so generous??
Train 8,000 women in other countries to code. Sounds super selfless on the surface. However, totally self-serving because it's a guarantee WF will benefit more than it costs them because they will hire them all and still save money even after... — read more
Do we have any idea what is in the golden parachute of CS
If they oust him?
Wells Fargo Manager Does Not Have a College Degree, or Masters Degree
My current Wells Fargo Manager does not have a college degree or Masters degree. However he continues to provide negative performance reviews for me when I do have a college degree with so many qualifications for my current job that he does not... — read more
Who manages Checkmark in this bank?
This isn't how static analysis is supposed to be done. Why are there so many issues? The pipeline team is such a pain to work with
JPM article that can apply to us in WFC
The more I read on The Layoff, the more I can relate to the people in this article. We are not alone in our paranoia. https://www.yahoo.com/finance/news/jpmorgan-employees-describe-growing-paranoia-190755788.html
Home mortgage discount
Do WF employees get a lower rate? If so, how much lower for a home mortgage.
Health Care Options
What health insurance options are people looking at, assuming you get fired, a layoff, or retire from WF? The HR Handbook doesn't have much on that. Anyplace online that spells it all out for those of us who are not financial guru's?
Random Dr-g Testing
I am starting in the IT group soon and I wanted to see if you are doing random d rug t esting? I use a couple of CBD products.
Anyone know a way to get local files off a corrupted laptop without internet
Got bit by the 365 update corrupting my work PC. Wondering if anyone's figured out a way to transfer local files from a corrupted PC to a new work PC (or flash drive) without internet. I know Wells tries to block it, but wondering if someone... — read more
Memorial Day
Take a moment to remember WHY we have this long weekend and give thanks to those who have their all for this country. Just a thought while all are losing their collective minds over minutiae.
Recession is looming. Rto should be
The least of your worries. The hot job market will cool off pretty quickly.
Scott Powell, hypocrite
So Scott Powell sends out a email about how his family were military, mentioning men who supported America, yet Powell himself leads the off shore team, sending now 40k+ American jobs to foreign countries making America weaker. It makes me sick.
RTO tracking
Can anyone provide detail on how they are reporting on or tracking RTO? Badge swipes, being connected to the building network, both? There’s never been clear direction on what the actual requirements are - especially when it comes to if you have PTO... — read more