if today is a layoff event, i hope all those that keep saying they want to be layed off get what they want!!

Remember a year ago when Saul would frequently say "we're making soup" when discussing organizational changes....? According to his discussion during the Global Town Hall today, he's telling us that we now have "spagetti". And now he's saying... — read more 

First it was "While it might sound like an excuse, the unfortunate reality is that there is a very limited pool of black talent to recruit from," Chainsaw blunder. The outrage was swift, brutal and made national news. This time, customers are... — read more 

I think WF should consider having employees compete to keep their jobs. Let's say there are 2 jobs of a particular title that need to be eliminated, and 4 people currently occupying that title in a given area. Those 4 people would engage in a... — read more 

Been looking through the handbook and general searching on Teamworks but can't find when the bonus (incentive) is paid now. I remember being told by my former manager earlier this year that the bonus will be paid out earlier than previous years, but... — read more 

They are fine with negative opinions and conjecture. But I’ve noticed if you post any truthful negative facts which include specifics, it’s being taken down immediately. It’s vindication that I’m right. And they know I’m right. But they don’t... — read more 

When will the OCC take over Audit? Next year? 2023? If it happens, they’ll take over the Board first. That’s step one. The OCC has to be able to rely on audit’s work but major issues and delays with progress keep popping up. Same people... — read more 

Any insights on layoffs for retail on 8/19?

Comments:

I'm actually happy there are people who refuse to be vaccinated because that means we get more time away from the office? For as long as the hospitals are getting filled once again, there's no chance WFC will bring us back. And I can't stress enough... — read more 

Working in the Corporate Risk group, i am seeing that there is an excessive focus on immaterial risks vs understanding true business risk. It seems like all the discussions with senior management is all about copying and pasting what they saw in... — read more 

Corporate America, and in particular - Wells Fargo - are EXPERTS in shedding liability. There is an entire legion of lawyers in San Francisco whose sole purpose is to make sure the bank does not have to pay out any of the banks profits (aka... — read more 

Another former BNY Melon & JPM hire https://www.businesswire.com/news/home/20210817005680/en/Paul-Camp-Named-Head-of-New-Global-Treasury-Management-Group-at-Wells-Fargo

As has been announced in recent townhalls, Loudspeaker is a program that allows employees to voice feedback that will improve the bank, customer experience, and/or employee experience. Don't assume that your feedback will be viewed as redundant... — read more 

Had my mid year review. I was rated as "meets" in EVERY catagory, but my final rating was "inconsistently meets". What's strange is that it's written down - right there in the review - that I do indeed "MEET" every catagory that they ask for. ... — read more 

Let's start tracking the size of the organization. As of 8/17, Charlie has 254,274 employees. Does anyone have a figure from earlier in the year?

Anyone getting invites put in their calendar for tomorrow afternoon or Thursday? Vague subject line.

There are supposed to be some announcements on various roles in EIT during Saul's town hall tomorrow. Should be interesting to hear what that entails. Anybody have the deets on this?

An interesting dynamic is taking place right now that I find a little frustrating. For the last two decades those of us who have fought for WFH while under a magnifying glass from super critical old school establishment thinkers. We have worked... — read more 

Anyone have any insights? What areas. How many, etc.

we started hiring employees based on interview performance and qualifications? For example, we have three main risk groups: 1. Audit, 2. Corp Risk, and 3. Front line risk. Audit has the highest standards for hiring (CPA, CIA, etc) and major churn... — read more 

If they make vaccines mandatory for everybody, is there a way to quit and receive severance? Companies pay severance to make sure employees don't sue them, I don't see why this would be any different? This would solve so many issues for so many... — read more 

Got notified yesterday by my one up to insure my badge was still viable (and also to make sure I still had it). Not really a big surprise. I knew it was eventually coming. We had already had it mentioned during a larger org meeting that it the as on... — read more 

They will break this bank up and they don’t care about you. Front line risk is about to absolutely bo-b!!! Huge mess coming. Corp. risk will try to help hide the lack of progress from regulators. More unqualified id--ts will get promoted. And... — read more 

Where did they go?

Heard (was told) today in a meeting that people will be wearing masks while in the office, even if vaccinated. Mask at your desk. Doesn't matter if you're vaccinated or not, you'll be working in a mask in the office. I almost took the Skype off mute... — read more 

I knew the Hub and Relo BS was coming, so I've spent all summer busting my tail to get out. Interview after interview, after interview. Finally, I flew to one recently and spent all day there, and before I left they put an offer down on the... — read more 

Jesus Christ! You have multiple degrees and your job is making calls and taking notes for the executives? And more surprisingly you are making 6 figures? You should just quit I think for the sake of yourself and the firm.

Has anyone heard of accommodations WF or any company has to retain parent employment. The conversation of me taking a year off to raise our 1 year old has come up multiple times due to the Delta Variant… Our child currently is in daycare but with... — read more 

Your thoughts here.

Hold tight, everyone. We're next.

https://www.bizjournals.com/philadelphia/news/2021/08/13/job-listing-story-covid.html

I'm hoping we get some more info about RTO this coming week, but I know they're probably just going to give us snippets of information here and there. Whether we have to go back to the office full time or even make it hybrid any time soon is going to... — read more 

Aside from the lambasting that IT takes on this website, overall, I would still give my area a 7 out of possible 10. We still do pretty well.

From this weeks Trepp wire: https://soundcloud.com/the-treppwire-podcast/94-hotel-sales-comps-retail-earnings-return-to-office-rollbacks-eviction-ban-extension#t=33:30 Looks like the bank wants new space Near the Irving Convention center (Google... — read more 

Worst function in the bank.

You have to love people getting Sr Risk Director or Director roles when they have absolutely zero risk experience. Just saw someone who had been in an HR function with zero real risk experience have this happen. Minimum job requirements are pffff

https://www.msn.com/en-us/money/other/location-based-pay-is-the-newest-conflict-between-workers-and-employers-as-remote-googlers-face-a-25-salary-cut/ar-AANfewB?ocid=msedgdhp&pc=U531 Interesting article about companies who are considering docking... — read more 

Good people are leaving. To attract people to fill holes the new hires probably are paid more than the existing team. Mid Corp roll out is a secret. Moral is tough. Do people still believe in the business? Is anyone winning?