Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

So many miserable employees on here, so sad

I spent close to two years looking and interviewing before I got out of this company/bank. I am glad I did. To those of you still here, if you think it's time to leave, it was 6 months ago. Dust off your resume, starting applying and take control of... — read more 

Return to office with face b-a

So we are having delta now. Next, we will have lambda which is even more fetal and contagious. Possibly in 2022 we will have even more kinds of variants. I guess we have to wear face b-as to go back to the office but why we have to do that if we can... — read more 

Pelos OUT eff. April 2022

Thank g*d! He has been awful for WF. Per CS, Kyle is replacing him effective immediately.

We Care Fund. “Employee Care”

“Wells Fargo is supporting employees through its We Care Fund, a special program that provides financial grants to employees to cover unforeseen expenses caused by a disaster situation or a financial hardship that is beyond their control.” ****Note... — read more 

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| 3260 views | | 4 replies (last September 5, 2021)
Post ID: @OP+1cE2PM1F

Fed and Inflation

https://www.cnbc.com/2021/09/03/niall-ferguson-inflation-could-repeat-the-1960s-when-the-fed-lost-control.html

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| 1380 views | | 6 replies (last September 3, 2021)
Post ID: @OP+1cEogcP1

Job Search Warnin

Hi All! I have been watching fake recruiters reach me for large companies. I played around for a bit, but then started taking too much of my time, as most of it nonsense. They are trying to give you skills tests. These come over on... — read more 

Reality Check - Wells Fargo is a great place to work

Its plain obvious this is the best company many have ever worked or ever will work for in their entire life. Otherwise, there wouldn't be so much complaints and worries about getting laid off. Wells Fargo is like a hot blonde being stalked by... — read more 

Is Charlie playing the BOD for fools?

Is Charlie playing our Board for fools, or is he simply incompetent? Hard to tell… I’m guessing we won’t know the answer until he’s out.

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| 1210 views | | 3 replies (last September 3, 2021)
Post ID: @OP+1cDLPMga

OneTen - WF New Hiring Initiative

Straight from the article: "OneTen is committed to upskilling, hiring and promoting over the next 10 years, one million Black individuals who do not yet have a four-year degree with a goal of placing more Black people into family-sustaining career... — read more 

HUB Location Strategy

There were lots of posts about this topic for a long time and recently my entire department was officially put on notice - list of hubs and 60 days to decide if you’re moving. However, there seems to be no word about this hitting the operational side... — read more 

US layoffs - 24 year low

https://www.reuters.com/business/us-weekly-jobless-claims-fall-layoffs-24-year-low-2021-09-02/

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| 1160 views | | 2 replies (last September 2, 2021)
Post ID: @OP+1cDGnaZu

Posts are deleted?

Saw the post for real RIP to post the September date just 15 minutes ago, and now that post is MIA?

Who Should be fired A,B,C,D?

Sc--w up: Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau were disappointed in Wells Fargo’s progress in remunerating victims from its fake- accounts scandal and beefing up its internal controls. Option A:... — read more 

Staggering Leadership Incompetence re: RTO

The Chinese water torture of micro RTO delays shines a light on WF leadership's total incompetence. They can't find their way out of a paper bag at this point. Can't run the company, can't do right by customers, can't comply with consent orders in... — read more 

Sept 14 Big Cut Day

Rumor is circulating among multiple groups that 9/14 will see a massive layoff across multiple business lines.

RTO announcement delayed only 2 weeks

In the past, these RTO emails would be pushed out a month. Now it's 2 weeks. Someone is very motivated to get people to hate their jobs. You can just see the seething look on their face when they realized the delay was inevitable. So they pouted... — read more 

Corporate behavior - is it right?

In the 60's companies believed they had a moral obligation to take care of their employees. This included pensions, health care benefits, and investing in the cities they operated in. My how things have changed - todays corporate charter is much... — read more 

Poor Carrie

https://www.reuters.com/legal/transactional/ex-wells-fargo-exec-cant-trim-secs-claims-over-sales-scandal-2021-06-28/ I guess the dodge, duck and weave strategy isn't working too well.

Climate crisis ignored by WF

While watching all the hurricanes, fires, rising temps, severe droughts, etc., one thing is clear. Collectively, we have to do better. All of us. Corporations included. We know it's too late to save the planet that we've known and abused for so... — read more 

Current Headcount Stats

Q2 2020 = 276.0K Q3 2020 = 274.9K OR -1.1K drop Q4 2020 YE = 268.5K OR -6.4K drop Q1 2021 = 264.5K OR -4K drop Q2 2021 = 259.2K OR -5.3K drop As of today 2/3 months into Q3 2021 = 253K OR -6.2K drop but we're only 2/3 the way in, will be likely... — read more 

PTO and Medical

What happens to my remaining PTO when I quit? Do they get paid out? Or is it better to take them as my last 2 weeks of notice? If my last day is Oct 1, does Medical/Dental benefit immediately ends of does it go up to Oct 31st? TIA

Branch employees, please stop complaining.

As a former retail banker, you people in the branches need to stop complaining. You are short staffed because people do not want to work there. If you don’t like it, get a new job. Retail banking is seriously a dying breed and just plain awful. I... — read more 

Soon Branches Won’t Be Able To Open!

Virginia is a wreck with branch employees dropping like flies. In the branch I work in we are down to 2 tellers, 1 Banker and our manager. We finally had to shut our lobby as we only had 3 of us working. Everyone keeps calling out and others go on... — read more 

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