Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

linkedin cringe posts

this is my first post here. i just wanted to say that all wf cheerleeder cringe posts on linkedin are making me sick. so low...

Will Home Prices Go Down with Rate Hikes

Real estate expert on whether home prices could come down amid Fed rate hikes https://www.foxbusiness.com/real-estate/real-estate-expert-on-whether-home-prices-could-come-down-amid-fed-rate-hikes

Execs: We have to run this company more efficiently

Last 10 years of financials --> $180 billion dollars of profit. All throughout my tenure here I've heard all the caution about industry headwinds, low interest rate environment, regulatory issues, etc.......and how we have to become more efficient... — read more 

Corp. Comms Disaster Continues….

… BR is thankfully out the door but the disaster she leaves behind is terrible. The function has been gutted. Where do we go from here?

Auto Finance? What’s the point?

Seriously one of the most bloated organizations from the ground up. Shortages in chips, and overall inventory at dealers probably won’t see any kind of real recovery until mid 2023 (and that’s only if we avoid a recession and prolonged inflation)... — read more 

What's Scharf's goal?

How low does the number of employees need to get for him to be happy with it? Or let me rephrase that, how low does the number of American employees need to get for him to be happy with it? We've had major layoffs near constantly, attrition is... — read more 

Apple Employees Fight RTO

https://www.dailymail.co.uk/news/article-10770827/Apple-staff-claim-forcing-work-person-lead-whiter-male-dominated-workforce.html

Is ECMO officially done?

So is ECMO done then? Are all the case workers getting laid off? Anyone know what’s going on with them since majority pulled into the temporary workforce share redeployment?

Getting Hired After 50

Here it is for my fellow GenX folks: https://www.aarp.org/work/job-search/getting-hired-after-50/

Looking at tech risk roles at Wells…need advice

Hi all, i’ve been reading posts and let me tell you that i work at another bank and grass is not greener…trust me!!! RTO is also a nuisance where ever you go. So I see many tech risk jobs posted and before i try apply, was wondering if anyone can... — read more 

Recession is coming. It will wipe out many jobs

Good luck to those planning to “hold the line” and not meet the required minimum attendance I will don’t agree with required minimum attendance it is not something I am prepared to lose my job over

Can you say delusional?

https://www.bizjournals.com/baltimore/news/2022/04/29/wells-fargo-poised-to-leapfrog-competitors.html

Is job security that much to ask for?

I haven't felt any job security for the past five years at least. I'm one the top performers in my team but I'm fully aware that means nothing when it comes to layoffs. Before somebody tells me that job security doesn't exist anywhere, that's a... — read more 

Why complain!

So many people are complaining about RTO...why? Be thankful that you have a job or career and you are able to provide for your self and family. It could be worse. What do you expect these companies/ businesses to do with an empty building???? If it's... — read more 

RTO Hit Squad

I work in WIM and my team was ambushed early this week and called out for not having the 3 days in the office. We are currently understaffed so the each of us has been working 10+ hour days. Zero grace because the rules are 3 days in the office and... — read more 

Profit Sharing?

When I joined WF a few years back, I thought I read something about a discretionary profit sharing match at the end of April each year. Does anyone know anything about this?

Question for those diagnosed with COVID after RTO

Here’s the situation: I tested positive for COVID this Monday, thankfully not a severe case (though I wouldn’t call it mild). I’ve been without fever and lessening symptoms for 24 hours. If I am reading the Workplace FAQs correctly I can RTO as... — read more 

64% Of workers…

64% of workers would consider quitting if asked to return to the office full-time https://www.cnbc.com/2022/04/28/64percent-of-workers-would-consider-quitting-if-asked-to-return-to-office-full-time.html

Please, hold the line!

There is more and more proof every day that workers who are standing up to the unnecessary RTO by continuing to work remotely are making gains, with JPMorgan being the latest case. I've said it before and I'll say it again, if most of us don't show... — read more 

How much does it cost to replace a crumbling foundation?

Look at everything WF has done, the trouble it’s in, and what it needs to do to fix the bank to be ethical and tell me what you think it’ll take, and if it’s worth hanging on for. Mind you, lay-offs are inevitable at this stage in the collapse, but... — read more 

We continue to find new lows

We continue to find new lows https://www.advisorhub.com/a-grave-mistake-wells-fargo-prematurely-buries-a-breakaway-broker/

Workday Compensation Grade

In Workday I am a Compensation Grade 110. But there is no definition of what this means. Can someone help, it's easier here thank chashing this down with HR, it'd take them forever to respond.

Climate Change?!!

I left Wells last year, but am still good friends with many that work there. Apparently there was a town hall today? A few texted me saying Chuckie and Ellen spoke about climate change being such a priority of the time. Are you joking?! An... — read more 

Why are hiring managers/recruiters lying about this?

Why do you hiring managers/recruiters waste your time with interviewing candidates who do not live in hubs for hub positions when you know you’re not going to hire them anyway because they aren’t already in those locations, EVEN when the candidates... — read more 

It’s official, JPM reduce in office days to 2

2 would make sense! We need to do what employees did there to get the same! Seriously I know some managers stopped going to the office all together, but folks in my tear can’t do the same

Big guy says 30-70% chance of recession, but not soon...

Don't think the leader of this financial institution knows the general definition of a recession. It's negative growth in GDP two quarters in a row. We just had 1, so we're literally 1 quarter away. Not soon, though...

Tech Manager One-on-Ones

How many of you are not having 1-on-1s with your tech manager? Seems like 1-on-1s use to be mandatory. My manager is super busy and I'm reluctant to ask given the current department climate.

Struggling to care

I having a hard time just giving a darn about the work my group does. Everything is so layered and the group I'm with seems insignificant as we work to get a seat at the table. We are encouraged to ask questions and provide credible challenge, but... — read more 

The truth

If you have a job at wells start applying for your dream job. Reach out to folks and network now. Eventually you will get hit with a layoff, why? Because we are just a number here. While it hurts to think that, the reality is we’re getting paid. — read more 

Medical Accommodation when accepting new role

Can Anyone share their recent experience on accepting a new role within Wells Fargo while having an existing Medical accommodation in place? In my current role I have a medical accommodation to WFH FT. Accommodations management said that if you... — read more 

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