Give me one good reason. Just one. If it worked so far, it should work in the future as well.
Today’s Conf Call Thread
Post reactions here
Wells Fargo accused in lawsuit of routine overtime pay violations
Credit: https://www.reuters.com/legal/transactional/wells-fargo-accused-lawsuit-routine-overtime-pay-violations-2022-02-23/ Feb 23 (Reuters) - Wells Fargo Co was hit with a proposed class action lawsuit on Wednesday accusing the bank of... — read more
WF cheating employees in their 401K the feds are involved
Credit: https://www.reuters.com/business/finance/wells-fargo-says-federal-agencies-reviewing-401k-plan-2022-02-23/ Wells Fargo says federal agencies reviewing 401(k) plan Reuters 1 minute read People exit and enter Wells Fargo ATM in... — read more
Question in regards to annual review ratings
I’m curious on thoughts from any managers point of you. In 20 years never received a rating below a 3 ( old rating system ) Typically a 4 sometimes a 5. And in the new system never been below MEETS. This year due to a lots of changes I ended up... — read more
Personal Shared Drive
I've wondered this for years, and now I'll finally ask: Why do they keep going offline???
RTO Cyber Delay?
Who wants to watch Chuckie’s and Scotty P’s RTO plans be upended by a Russian cyber attack?
Consistent Underperformance
Why does WFC always underperform the market so significantly? Major indices are down 1-2% and WFC is down 5.5%! What gives?
Layoff day today
Seeing a number of chainmail "Farewell" emails
NYC Mayor says you can't wfh forever.
https://www.google.com/amp/s/www.businessinsider.in/politics/world/news/nyc-mayor-eric-adams-decries-remote-work-you-cant-stay-home-all-day-in-your-pajamas/amp_articleshow/89783021.cms
“We strongly believe in the benefits of seeing our colleagues on a regular basis,” Powell wrote in the memo.
Interpretation: “We strongly believe in the benefits of dominating, manipulating and intimidating our employees on a regular bases.”
Dollar Cost of RTO
Have you added up what RTO is going to cost you...? I added up what the RTO/Location strategy is going to cost me for a year, compared to WFH (which is what I've been doing for 15 years, and which is what most of you have been doing for ~2 years). ... — read more
Overtime Class Action
And now add this to the list of d-mb sh-t we’re in trouble for. https://www.reuters.com/legal/transactional/wells-fargo-accused-lawsuit-routine-overtime-pay-violations-2022-02-23/
Wells Fargo 401(k) plan now under review by federal agencies, bank says
The U.S. Labor Department is looking into Wells Fargo’s 401(k) plan, according to a disclosure by the bank in a late Tuesday financial filing. The department, along with other federal agencies, is reviewing transactions connected to the employee... — read more
Wells Fargo is like that one kid who always stayed in trouble in high school.
This bank is always caught up in some type of scandal. Almost seems like something new comes out in the news every 3 months.
Recent Promotion?
Recent promotion? How long have you been with the firm?
RTO - Verbal vs Written
Myself and two others on my team live 50+ miles from our assigned RTO locations. Our manager is telling me and the other two "really remote" people to just keep working from home for now. That's verbally, on phone calls. But in writing he's... — read more
Can someone answer this question on BofA's board (a Q about Job Bands)
https://www.thelayoff.com/t/1frhHZRT or @OP+1frhHZRT
Older people keep pushing back to the office
Why are many older people pushing back to the office so very much? I would think they enjoy the extra time not commuting and spending more time with their family. Where is the disconnect and why is this happening?
RTO and Shared Equipment
Are these guys going to give us a stiped for a wireless mouse and keyboard? I don't even have my own cube, its hotel type deal on my floor, i don't want to touch equipment other people have used.
Cobra notice
Does everyone receive a Continuation of Coverage Rights Under COBRA each year, or is this only sent out to those who leave or are terminated? Thanks.
Centene permanent work from home
Centene St. Louis just announced a permanent work from home option. Your move Wells.
September RTO For Call Center Employee’s?
So the cat’s out of the bag. Call Center (on the phone employees) won’t be returning to office till September, and there is discussion about having them be permanent WFH. Seriously? For context, I work in quality monitoring where I evaluate and... — read more
2/23 AMA Discussions
Are we getting the incorrect RTO info again?
Sell 401k or wait till the settlement???
BUSINESS NEWS FEBRUARY 22, 2022 / 11:46 PM Wells Fargo says federal agencies reviewing 401(k) plan (Reuters) - Wells Fargo & Co said on Tuesday U.S. government agencies, including the Department of Labor, are reviewing certain transactions in the... — read more
When is VDI/BYOD happening?
I’m planning to purchase a new personal laptop at some point this year, but want to make sure it’s suitable if we are all forced to do BYOD. Or, if Wells will have some sort of device discount plan we will be able to use. Anybody have insights? Yes... — read more
Any upcoming plans for employees impacted by site closures since COVID?
Some of us haven't been laid off, yet, since our building closed, and wonder what the plan is. We are just working remote now. Anything happening soon?
Question - 401k Match if Laid Off?
I know that the annual 401(k) match that occurs at the end of December is only if you're still working there. I'm assuming that's to encourage folks to stay with the firm, which makes sense. If you are displaced prior to the end of the year (i.e... — read more
75% Feel Abused at Work
Check this out: Collective Abuse: Junior bankers in San Francisco (Goldman Sachs) felt alienated over their long hours, what they considered low pay and lack of Seamless stipends while working from home. They made a formal presentation to their... — read more
Making love is great, but have you ever quit a job that was ruining your mental health!
Nothing compares to that high.
Serious RTO question
So let's say I show up at an office 3/16 and all of the unassigned spaces are taken. What then? Find a table or chair somewhere and park it for the day or head back home? Or are there enough unassigned spaces at the larger offices that this won't be... — read more
RTO “Togetherness” Supplies
Big, blocky headphones to pointedly signal I do not want to be approached and chatted up: Check Bushy desktop fern to partially obscure me from view and avoid eye contact that’s conducive to being approached: Check Cardboard boxes to... — read more
What do you fear the most: layoffs, dental work, car repair, viruses
Rank the four calamities, the worst one goes first: layoffs, dental work, car repair, viruses
3 more weeks and we are back!!
I'm getting excited! Anyone else? Going out for lunch, getting to get into nice clothes again, leisurely drive at the end of the day to unwind, getting to hear about everyone's weekend. It's going to be great ! 👍
Anyone leaving WFC due to burnout?
Too much work, not enough staff.
More worthless SF headquarters or Dr Brent?
Chuck is responsible for the ghost town that is now the WF SF headquarters. There are zero top level executives in SF. Why not sell it off and shut it down? Dr Brent, the lead covid propogandist serves no purpose. Get rid of him, talk about waste... — read more
People leaving due to RTO is legit and real ... and it IS being tracked, monitored, and reported on ...
I personally know of people leaving over RTO. Exit interviewing is tracking this and managers can select RTO (however it's worded) on some form filled out as reason for separation ... Is this the plan? Is this be design? What will happen as a result... — read more