Ridiculous …… seriously …..

Below is a link to the Q1 2022 presentation where efficiency ratios are published. The numbers look scary. I anticipate an enormous amount of cuts will be necessary. See for yourself. Consumer 75% Wealth 85% Commercial 66% Investment... — read more 

Rates are going up and applications tanking. Any insights? Not hearing anything from mgmt.

adding this for posterity Let's Talk Wells Fargo 2022 Raises and Bonuses Type away January 6 by Anonymous | 6216 views | 4 reactions (+2/-2) | 34 replies (last February 9) Post ID: @OP+1eFv65Pu Compensation Grade Does anyone know... — read more 

No work. Meetings to have meetings. No decisions on issues. Never seen this before.

Has anyone been reimbursed for their certifications this year that are directly related to your job - such as CPA, CISSP, etc? I have never had to pay out of pocket for this for 15 years.

Has anyone been reimbursed for their certifications this year if they are directly related to their job? Many are even listed in the job req. Certifications such as CPA, CISSP, etc. This is the first year in my 15 year career that a company I... — read more 

You may have seen an email arrive in your inbox from your RTO site leader. As a warning, all of the site leaders have to say roughly the same things: #Working on Amenities [many external businesses and restaurants just aren’t open and probably... — read more 

Just an FYI. Not anonymous. And also being censored.

Can we do without Charlie?

I’m literally the only one on the floor today!! My team is remote! People are definitely NOT coming in.

You know...the call...ya know...um...was not...ya know..um telling investors...ya know...too much...you know..umm...you know. How about some public speaking training for the CFO

Guess that means it's time to give Chuck another raise.

Send a message the the S-B CEO and send a message to him on April 28th by not attending his Town Hall!!!! SIMPLE.. Every time we attend he says something negative against the employees. Fu-k him

WIM efficiency ratio at 85% despite cuts and layoffs. That is 40% above target of around 60%. I doubt real estate expense savings will make up the difference. I anticipate more cuts to employees and comp.

Don't forget to attend today's CCIBT session.

Wells Fargo & Co Q1 22 Earnings Conference Call At 10:00 AM ET Wells Fargo & Co. (WFC) will host a conference call at 10:00 AM ET on April 14, 2022, to discuss Q1 22 earnings... — read more 

I've been here for 18 months so I'm not yet sure how things work. Is there a specific period each year when layoffs take place (the bank I worked at previously always did major layoffs after the first-quarter earnings report, not sure why), or is it... — read more 

It's easy to be cynical and say that Loudspeaker 'doesn't work' if you've had an idea that was rejected, but the nature of Loudspeaker ideas are summarized and tracked frequently by senior leadership (C suite included). The more people that submit... — read more 

JPM reported a 42% profit loss for first quarter. If a recession happens in the next 6 months, what does WF do?

Will this help with the glut of management?

That’s how many employees Wells Fargo has. I thought we were laying people off??? This is more employees on staff than when Scharf started with the bank

Any Wells recruiters on here? Curious how external recruiting has gone with mandatory RTO? Are candidates cool with this, or are they staying 'thanks but no thanks' before even getting to the interview? Seems like before too long, Wells will only... — read more 

I've been using this site for several years and I don't remember any subject that produced as many posts as RTO. I think this is an excellent indicator of how much this issue means to people and that it's something we're not ready to just let go of... — read more 

Why is Charlie having a virtual town hall if all his employees are returning to the office? Feels a little unfair to me. Thoughts?

ISS says Wells Fargo pay reforms insufficient to justify support (Reuters) - Top proxy adviser Institutional Shareholder Services on Tuesday recommended investors cast proxy votes against the pay of Wells Fargo & Co Chief Executive Charles Scharf... — read more 

So AW just left the company after hitting his 1 year anniversary here. Why the sudden departure?

What does it really take to get fired here? What's the normal process of termination of an fte? Not laying someone off or cancelling their role, actually terminating their employment because they are a sh1**% POS.

Anyone know anything about the incentive and stock plan?

Those that say we need to be cutting edge...but then say you need to come back in the office... Are definitely...id--ts... Try being real cutting edge... And actually having staff full time work from home... If you can't...then you admit...you are... — read more 

Having worked the last 4 decades, changes have occurred. Probably one of the worst is working from home. People can't communicate by way of wire. In person is the only true answer. It is hurting our company right now, as there are many who have left... — read more 

I hear two different camps on this site. One camp says they hear that the C-suite wants us back in the office 5 days a week by the end of the year (OMG, I hope this camp is wrong). The other says HR can’t backfill positions (can’t imagine why…HA) and... — read more 

It's not the executive leadership that's the issue here. It's all the lazy id--ts with sub par college degrees with zero experience who think they can demand how their employer assigns them the work they agreed to do when hired. Entitled overgrown... — read more 

Over 2 years ago we left work on a Friday and basically didn't return for over 2 filippin years. We were told not to worry about our "stuff" as it would be boxed up and kept safe until our return. Welllll....they flippin lied. I haven't found any... — read more 

Went in a couple days last week and couldn’t believe how much I hated it. The commute was exhausting, the office is filthy and depressing and everyone seems utterly miserable having been forced against their will back to this place. I’ve heard... — read more 

I've tried RTO and I hate it. I know I used to do it all the time but things have changed. I'm now at the point where thinking about being laid off produces feelings of hope instead of the dread it used to produce. I'm too chickenshit to quit on my... — read more 

My parents have drilled this into my DNA - be loyal to your company, do the best work possible and things will work out well for you and your career. What do you think? Do you try to instill the same values into your own children?

I started at WFC in the middle of the pandemic. I loved it and told a bunch of friends it’s a great place, love my job , etc. Now that we are RTO I realize it is the wfh I like not specifically the job. Two to three days a week in the office is so... — read more