If forced to RTO! Several hundred employees are already signed up!
Forced Rankings
WTH is with all the "Needs Improvenent" rankings going on now with the mid-year reviews??? If all the teams are getting NIs doesn't that go directly to the TEAM MANAGER and Senior Leaders? We aren't stupid folks. I, for one, have a ton of... — read more
Need to accelerate layoffs…still at 250k+
Need to accelerate the layoffs. Way too many lazy entitled employees out there still. Too many useless meetings on the calendar. Too many inefficient processes and red tape still. Cut the deadweight!!
Don't....
Why are you guys stressing soooo much about layoffs? It's not worth it. If it's going to happen, there is nothing you can do about it... but move on!! Stressing and worrying over something that's beyond your control isn't going to solve anything but... — read more
One metric to guesstimate your jobs TTL
You need to know your line of business and who else is doing the work you do, competing to be the team that's left standing to take it all. Take, for example, Technology. It's quite normal to have 3 teams are doing nearly identical work because... — read more
When?
Everybody keeps talking about impending layoffs but do we have any idea when a new round might be coming? It seems like everybody accepted layoffs as a fact of life and is just assuming more is coming without having any concrete basis for it. Please... — read more
how long can someone stay on leave?
There is an employee who has been on leave (not sure if medical or psycho or what) for nearly 2 years now. No information is available to the other workers. But this person's email still says out of office. Is is safe to assume she is simply... — read more
Do you ever feel like you're treated like you are 12 years old?
I'm a grown, responsible adult. I got vaccinated and I followed the science. Now, these azzholes at CDC etc are saying, two months after saying those vaccinated don't have to wear masks, that we should wear masks again indoors. That's why I got... — read more
All Roads Lead to Attrition: RTO, Forced Rankings, et. al.
Charlie's cost-cutting strategy: make employees so miserable and discouraged they quit.
We need your help collecting important data
Did you get a note asking to confirm employee work location information??
Why can't Schart "Embrace Candor" $$$
Charlie and his OC minions are the biggest hypocrites. They don't follow one of his basic tenets of "Embrace Candor" If they did, this RTO policy and many of the other things they've done in the past 12-18 months would be called for what they truly... — read more
No RTO accomodations for family, that's great!
So if your husband, wife, or child is extremely high risk you'll be forced to RTO anyway even if you have no peers, directs, or managers at your assigned building. Nothing like risking your family's life so you can attend Skype meetings and make... — read more
Quit! I did and it feels great!
I was at Wells Fargo for close to 20 years. I was nervous about leaving but incredibly unhappy at Wells. I wasn’t sure what to expect elsewhere, but I recently started at another company and I have to say… just quit. It’s the best decision you’ll... — read more
Wealth/- run away now..
Sommers is completely destroying wealth- not just former private bank but wfa too- his vision is s—t, has no executive gravitas , can’t communicate, just count the umms and like you knows and f bo--s every time he talks.. his leadership or... — read more
Unvaccinated weekly testing
I am seeing a trend New York City employee/ California State employees are now requiring all non-vaxed employees to be Covid tested weekly upon their weekly return. If WF makes this push would you consider getting the vaccine just to avoid weekly... — read more
Solution regarding RTO for the Executive Committee. Pass it on!
Management supports and embraces vaccinated employees continuing to WFH for the unforeseen future, if they wish, all the while encouraging more employees to get vaccinated. Have unvaccinated employees RTO. That will allow more room in the office... — read more
Most useless jobs in the world...
#3 and #8 made me laugh. https://skillroads.com/blog/weird-jobs-that-truly-exist
Who wants to bet they'll delay RTO?
Several states are already without any available I.C.U. beds once again. It's only a matter of weeks before a new wave hits us full force. It makes no sense to get people back just to tell them again in a few weeks to go back to WFH. I think we'll be... — read more
Should I relocate for this bank
I was hired late last year after being laid off from another company. I agreed to relocate on my own upon WFC opening and now that it's coming, I think I don't want to relocate anymore (due to costs and family). I love my team at WFC and what I do... — read more
Exit Interview Survey
Just completed my Exit Survey...do they actually care about my comments.
Here’s hoping the executives at WFC man up
What can and can't employers legally require when it comes to COVID-19 vaccines By Mary McGuire FOX NEWS 19 hours ago What can and can't employers legally require when it comes to COVID-19 vaccines? As more companies continue to bring more... — read more
Another good one gone..
https://www.americanbanker.com/news/mufg-hires-exec-to-lead-diversity-inclusion-efforts
Does it ever get easier?
How many years did you work and put in the nights/weekends/hours because WFC took priority over all else? I'm making really good money right now but I work all the time. I know that if I scale back, my job will no longer be secure considering the... — read more
WFAM rebranded as Allspring Investments
Also Nico M. out as CEO replaced by the former Legg Mason CEO... (Now it will be interesting as he starts to shape the business in his vision and cronies)
Corp Comms Disaster Continues
Since no one asks us for feedback for BR’s mid year review, I’d say great job for making Corp Comms a terrible place to work. The re-org is a failure. Our work is terrible. Everyone is miserable. This place is a disaster.
It's the start of a new week! What ways will the LT & management come up to sc--w with us this week?
Let's keep a running list to if strategies across the LOB and BU are similar.
Who is still working for Wells Fargo?
Wells Fargo is currently being run by a group of executive-temps with no interest in the long-term health of the bank. Half of them are old- school out- of- date C-Suite execs looking to cash-in during their twilight years. Half are... — read more
Step aside boomers
Gen X is going to take your place. https://www.cnbc.com/2021/07/26/gen-x-workers-may-face-the-biggest-unemployment-crisis-generation.html
If i can get a 20% salary increase I will go back to office right away
Yes, the current pay is toooooo low.
How to fight return to office....
Step 1 - Tell them you are not vaccinated even if you are. They cant legally verify it either way. Step 2 - WFH does not mean you have to remain "home"; have an aunt or uncle in Bumfuk Alaska? Set your personal address there. When questioned, say... — read more
Answer regarding branch in 10 years
Do some research mo--n https://www.occ.gov/topics/charters-and-licensing/weekly-bulletin/index-weekly-bulletin.html
Rescind of an Offer possible?
Got an offer, accepted it and FBI cleared. Start day is end of august. With all the things I am reading on this site, can WF rescind an offer? This makes me nervous if I should give notice to my current employer. Can someone comment on the... — read more
Wells Fargo Looking for Several Hundred Thousand Square Feet of Office Space in Dallas
Why would Wells Fargo be looking for several hundred thousand square feet of office space in Dallas? I cannot imagine the bank would reduce its footprint in Charlotte. Is this tied to moving out of San Francisco? Where will Goldman Sachs land for... — read more
Everyone, please enjoy the warm summer day today!
I have many worries, but I am going to enjoy today and the warm sun on my face. I hope you enjoy yours!
Our CEOs role model....
I know this isn't a WF article, but.....Anyone shocked by this? (Insert sarcasm). All I can do is laugh at this point. Went past shocked and angry a while ago... — read more
EPIC CLASS WARFARE - you and I are losing
We live in a capitalist system that is making the rich richer and making life harder and more precarious for the vast majority. In our parents generation, the celebration of the American style of capitalism was "IT CREATED A GREAT MIDDLE CLASS. ... — read more
Segregated Work Floors
I’m not sure if anyone caught it in Thursday’s town-hall, but Scott Powell alluded to floor segregation for the vaccinated vs unvaccinated. He mentioned WF was following the CDC guidelines to try and have the vaccinated not wear mask but it was based... — read more
Such a great post and still so true!
https://www.thelayoff.com/t/171kCCzj
Interviewer didn't believe WF is ending full time WFH
Had a great interview today outside the bank. I was honest when asked why I was leaving. Told them WF was not allowing me to work full time from home even though I was hired as such. I told her I wouldn't be looking for a new as my team is wonderful... — read more