When working Saturday no more days off during the week. Is this something new? Sounds to me like forced attrition.

Only reason they would do that is if something/s serious was found and they moving fast to make regulators happy. Their exp ratio is rock bottom, likely have been grossly underspending for way to long and regulators are coming down with a hammer... — read more 

Just to replace them with “Chief of Staff”??

9/20/21

Turns out, I think those at the top need to be lectured about reducing expenses, not the worker bees, because there goes another $250 million dollars. Cost of doing business folks! Think of all the things that billions and millions in fine monies... — read more 

Charlie is the same as Stumpf and Sloan - he is just a greedy horse of a different color. Stumpf fostered a toxic sales culture which forced employees to open sham accounts on millions of customers. He knew there were problems, but he obscured and... — read more 

Hey Chukkie - this is a bad look. Thats a little less stonk buybacks eh? https://www.wsj.com/articles/wells-fargo-fined-250-million-for-problems-in-its-mortgage-business-11631223671?mod=e2tw Regulators fined Wells Fargo & Co. $250 million for... — read more 

Here it comes. The only mistake in this article is that they have the "wrong" company name. https://www.foxbusiness.com/politics/american-express-reverse-discrimination-white-people-former-employee

I’m in retail banking and have worked throughout the whole pandemic. All you cowards complaining about coming back into the office because you are scared need to stfu and get back into the office. Back office support has been horrible, with hang ups... — read more 

https://www.washingtonpost.com/politics/vaccine-mandate-federal-employees/2021/09/09/1c1ce9dc-116b-11ec-882f-2dd15a067dc4_story.html companies over 100 people and all of Federal

https://www.businesswire.com/news/home/20210909006105/en/Wells-Fargo-Issues-Statement-on-OCC-Enforcement-Action-Expiration-of-CFPB-Consent-Order A little from column A, a little from column B...

https://www.msn.com/en-us/news/us/biden-to-announce-vaccine-mandate-for-companies-with-more-than-100-employees/ar-AAOgCUG?ocid=iehp&li=BBnbfcL

A year or so ago, this board could be relied upon to communicate upcoming layoffs. Now the topics span everything but layoffs. Onesie-twosie cuts might be happening, but at least there's no more mass layoffs. (If you want to disagree, don't forget... — read more 

Simple question: Can a manager fire an employee here...? Or is there some lengthy "process" that has to be followed? What exactly happens...? Reason I'm asking is because there is some friction with my manager. We've had a number of good people... — read more 

If so, doesn’t that mean a mandate is coming at the bank? https://www.cnn.com/2021/09/09/politics/joe-biden-covid-speech/index.html

https://www.cnbc.com/2021/09/08/united-airlines-staff-granted-religious-exemptions-to-vaccine-mandate-will-be-put-on-unpaid-leave.html don't want to get the vaccine, unpaid leave! don't want to get tested or wear a mask, unpaid leave! now... — read more 

He’s been in charge for nearly two years. It seems he has focused on everything BUT getting the asset cap lifted. We have watched him hire all his friends for leadership positions, but no progress on removing the federal asset cap. We have watched... — read more 

Why is there such a big push for RTO? and... Why is there such a bug push for schools to reopen? They are related. So why the push for RTO? Companies are desperate for RTO. The reason is not so obvious. RTO you go back to office, you are a... — read more 

Anyone get this? WF wants us to download it.

Heard that were moving to an industry standard practice of variable cash/stock comp with no bonus target? Can anyone share more details? Most of us were hired in to roles with a specific target, let’s say 25%, and our base pay was generally told... — read more 

I find it ironic that the DE&I group responsible for fostering an inclusive work environment would be a driving factor to rid the organization of anything referring to “Team Member” and replace it with “Employee “ or “Resource”.

https://finance.yahoo.com/news/10-financial-services-dividend-champions-132628561.html *I’ll save you the read: Wells Fargo did not make the list.

Why do people expect things from Wells Fargo other than a paycheck? What exactly do you think you're owed? You do the work, you get paid for it. That's how it works. The company is not here to make sure your feelings are not hurt or to care about... — read more 

A financial advisor seeking a new broker-dealer after her prior firm dropped its international business joined a company whose specialty is serving practices that have foreign clients. Paula Oddone left Wells Fargo Advisors after 18 years to join... — read more 

If you want to get an idea of what the WF leaders are thinking at RTO, look at what happens at BAC over the next couple weeks. They are planning t9 send people back to offices this week and over the coming weeks. If they pull back and delay... — read more 

For those who have left Wells Fargo and chose to roll over your 401(k) balance and Cash Balance Plan to your own IRA outside of Wells, how long after your last day did it take for the money to hit your account?

The Equal Employment Opportunity Commission said Friday that employers are not legally prohibited from offering incentives to employees to get vaccinated for Covid-19, and that companies administering vaccines themselves can also do so "as long as... — read more 

Nailed it... right down to the condescending tones when reminded you're being asked to do the physically impossible. https://www.youtube.com/watch?v=BKorP55Aqvg

What’s with the fear mongering from a corporation? We’ve all been dealing with Covid and it’s impacts for 18+ months- it’s disgusting they are sending these s-b stories to make people “feel” it’s real to them? You’ve either been impacted or not... — read more 

Today vs Last Week Total Headcount = 252,680 OR -400 HEADS TOTAL OR -600 USA HEADS TOTAL LOST India Headcount = 34,009 OR +209 HEADS 1 Week ago Total Headcount = 253,081 India Headcount = 33,800

With Choo Choo Charlie running things, the first car in his train became loaded with high priced JPM former execs. The next car with high priced and very needless DEI hires. Followed by a car with a strategic team to suck up to the regulators. But... — read more 

In every single state COVID ICU metrics are rising. In every single state where university or local schools opened in person, covid infections exploded requiring hospitalization 8 days later, and the school/university returned to distance... — read more 

9/30/21

"When Mr. McNamara arrived in 2015 about 70% of its 10,000-person IT staff were outsourced, Target officials said. Mr. McNamara told The Wall Street Journal in early 2020 that with outsourcing, “IT projects were always late and cost too much, and... — read more 

All of you need to practice appreciation. Be thankful to be in the greatest country on Earth. If this isn’t working for you, use it as an opportunity to find something better. Be grateful for Wells Fargo. Drive own your destiny. It’s no one... — read more 

https://finance.yahoo.com/news/regulators-warn-wells-fargo-possible-201943102.html NEW YORK, Aug 31 (Reuters) - Frustrated at the pace of Wells Fargo & Co's efforts to compensate victims of its sales practice scandals, U.S. regulators have... — read more 

To be clear, this is not a another post about the vaxed vs unvaxed debate. It’s a free country and people should make the choice that’s right for them and their families. This post is about THE SURVEY. I know a few individuals working on the RTO... — read more 

How should we handle Managers Favoritism, Nepotism, Cronyism and Discrimination? right now it is in peak stage.

MSNBC is calling this time we are in "The Great Resignation" https://www.youtube.com/watch?v=A9ilk9lgqqE This is the time of employee empowerment. I put out about 10 resumes this weekend, will do more this week. Looking for market/higher pay and... — read more