The COLA here was pathetic in 2022. Why isn't Charlie sky rocketing interest rates? Every other business in town is raising costs 15-50%. We need to start demanding better pay. On top of that who is he to demand us back in the office 3 days a... — read more
Study suggest remote work may be more productive.
https://today.tamu.edu/2022/05/06/remote-work-doesnt-negatively-affect-productivity-study-suggests/
Layoffs sweeping the US. Wells Fargo on the list
https://www.businessinsider.com/layoffs-sweeping-the-us-these-are-the-companies-making-cuts-2022-5?amp
Apple’s Head of Machine Learning Quits Due to RTO
https://www.macrumors.com/2022/05/07/apple-director-of-machine-learning-resigns/
Remote Work and Productivity
https://interestingengineering.com/remote-work-zero-negative-impact-productivity
Inflation is Crazy
I feel like my paycheck is near worthless now. They wonder why people don't want to RTO, its because it cost a small fortune. I went into the city and old co worker said hey lets go get a salad. Not only was it 23 dollars for but after all the... — read more
Rude cafe
Somebdy need to train the cafe on how to satisfact customer. Lines long and casheir is rude. everybody is tired of waiting for they food.
Wells Fargo wins dismissal of shareholder lawsuit over commercial lending
A federal judge on Friday dismissed class-action claims that Wells Fargo & Co (WFC.N), the fourth-largest U.S. bank, misled or defrauded shareholders about its commercial... — read more
Signs of a failing company
a robust, active board on the LayOff, check. high turnover, dissatisfied employees, check. significant regulatory issues, check. a stained reputation, check. a lack of respect for their talent, check. out of touch with the modern... — read more
I don't understand what the big deal is
Three days is less than five days. I still get to stay home two days a week. It could be worse.
IP tracking
Is it happening? I’ve heard rumors but seems like gossip.
Attrition levels?
Anyone privy to the current attrition levels across the back since RTO was mandated? Uncomfortably high? Just fine? Too low? If attrition is uncomfortably high, does senior leadership know it's primarily because of RTO? Why is senior leadership so... — read more
Heads up for SAS users! Technology is slowing rolling out HCP Anywhere to the organization, and it breaks SAS.
Does Technology not thoroughly test things before they release them? SAS is not an uncommon tool. Rollouts that break things have a very negative impact to productivity and poses risk to the business when ill-timed.
Which departments are understaffed right now?
I have a few projects that need support from other areas and it keeps getting delayed because people are quitting at a fast pace. I started with a team of 5 in March now it's just me. I was told this morning I'm on my own indefinitely. Is attrition... — read more
Discrimination against remote workers is DISCRIMINATION
Remote workers have a right not be discriminated against. Remote workers have a right to a non-hostile work environment Remote workers have a right to the same opportunities as non-remote works. Remote workers have a right to non-retaliation... — read more
Wells Fargo set emissions reduction targets for oil, gas, power clients
https://www.reuters.com/business/finance/wells-fargo-set-emissions-reduction-targets-oil-gas-power-clients-2022-05-06/ Since when do banks become an extension of the gov't? What's the impact at the gas pump? How many jobs is this going to cost in... — read more
I’m done with RTO
I played along for two months, started at three days a week. After a month of being one of the only people in the office, I dropped down to two days. Nobody on my team is in the same location. Here I am today sitting in a large campus and there are... — read more
Anyone know what happened in Audit
There’s been a major exodus. I expected more stability once Julie left but it seems like a majority of the tenured employees left are leaving. Any indication what’s going on? For those saying “good riddance we need new auditors”. Audit is what... — read more
More Layoffs
I heard there were layoffs today in Consumer Direct mortgage sales. Anyone know how many and where? Also heard more processors/ HLPs were moved to a new department. I'm surprised nothing has been posted on here about it yet. Anyone know more about... — read more
How Many PWAs are left?
I heard we’re down to
Moodys: 97% of US cities have overpriced real estate markets
https://www.cbsnews.com/news/home-prices-mortgage-rates-moodys-mark-zandi/
Is there a hiring freeze on now?
If so, in which groups that you know of?
the fed is about to crash the economy.
there will be massive losses. we know who wins when markets go down, buy goldman stock.
Seven Anti-RTO Voices (Chase Bank)
Here is the discussion: https://www.thelayoff.com/t/1gAe2v1D Link: @OP+1gAe2v1D
Managers, recruiters.. please help
At what point in the hiring process do you ask if your already approved medical accommodation can be accommodated by the hiring manager? I’m about to apply got a job and want to be prepared for how to handle this. Thank you
Ranges
The ranges in job postings are all over the map, even for the same job title in the same location. They're intentionally not being transparent because it's easier to make sure we remain underpaid and unaware.
What RTO tracking is currently happening?
Curious to know the experience of the managers out there and what tracking info they are receiving or what they have heard will happen? Do they get a badge swipe report or is it by where you are logged into the network? Does or will anyone care if we... — read more
Full RTO is a possibility
Yesterday was the highest number of people I've seen in the office since RTO started. I have a boss who is looking for an excuse to fire me so I don't have a choice in whether I show up or not, but I was hoping those who do have a choice would... — read more
Charlie gives away more of our money, fake news calls it "investment"
https://finance.yahoo.com/m/3e465c63-16e2-3876-bf4c-8f7b43207500/wells-fargo-invests-in.html
My Spine Hurts
This RTO deal is making me sick. I work with people on the east coast and people in India. They keep setting up 5am calls and my boss is riding me to be in the office 3 days a week. I'm like it take me 1.5 hours to reach the office. I go in and... — read more
Career Advice #1: Make sure your boss likes you.
Career Advice #1: Make sure your boss likes you. Also, make sure his/her boss also likes you but while working on it make sure that your boss is not upset by it. I'll be back with more career advice later. Sincerely, CareerGuru2000
Home Prices to go down by 20% - 30%
My Realtor just sent this message to me saying that Bay area, CA market has slowed down and this summer the prices will go down by 20% to 30% in prime locations and up to 50% in certain locations like Tracy, Mountain Homes, Brentwood and Antioch... — read more
Business Insider article
Hey all - I posted a call out last week for Wells Fargo employees affected by the recent layoffs. My heart goes out to you if you're one of the people affected. I wanted share the piece we published based on some of my reporting. Please give it a... — read more
Texas mother sues Wells Fargo, area hospital over son’s death from COVID-19
They're starting..... we'll see how long RTO is enforced now... https://www.houstonchronicle.com/coronavirus/article/San-Antonio-mother-sues-Wells-Fargo-covid-17080374.php
Can someone help breakdown these salary “ranges?”
Say, Workday job posting shows 90,000-150,000 I’m in market 2. The job posting is available to many markets. Am I still looking at 80% of the 90,000? Is that considered the “base pay” still? Help, I am so frustrated.
Compliance and Operational Risk Jo--t Town Hall - May 3
Way too many of the presenters looking down on their phones during the call. Even if virtual, a bit disrespectful. And this was consistent across the session.
RTO Observation
I go into the house everyday because I can’t really focus at home. Working from home to me is a day off. Nothing against those who do. I actually wish I could be more productive at home than I am in the office. One thing I have noticed though is... — read more
I believe there are people who genuinely love their jobs at Wells
Think about your manager and his (or her) manager and all the unnecessary levels of management we have here that spend most of their days doing nothing other than rearranging numbers and images on a PowerPoint presentation to make it seem like... — read more