Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Who wants to bet?

While everybody is talking about WFH and not paying attention to anything else, Charlie will use the opportunity to continue with cuts? It's starting to feel that the WFH announcement had several ulterior motives behind it: including pushing people... — read more 

CAO Monday Call. Roy Cooper Later this Week

Based on my observations the COO and CAO are not liked. Attendance is way down at their calls. CAO has something on Monday regarding employee development tips for your career. Initial attendance was so bad his directs sent emails to remind people to... — read more 

We should all quit

https://twitter.com/sruhle/status/1416894210888830977?s=21 What day should we all announce?

Wells Fargo employees who are *NOT* vaccinated

July 19th, a mandator survey will ask if you are vaccinated. How will you respond (pick one and comment): LIE and say you have been vaccinated? Answer "Non-vaccinated", and comment if you think this will get you laid off /punished? .. — read more 

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| 3100 views | | 16 replies (last July 19, 2021)
Post ID: @OP+1bTdIXta

Insurance?

Anyone think that Wells Fargo has taken out blanket insurance policies on employees naming the company the beneficiary in the event of our passing? It adds a different, more sinister facet to the return to office strategy.🤷🏻

Mid Years

Anyone had mid year yet? I get the vibe they are out to use them to get more attrition and exits. They will use anything you say all year against you, be forewarned. If you dare provide feedback about the work environment it will be turned against... — read more 

Take control of your own destiny

I've WFH for just over 5 years, been an employee for close to 25. I've seen mergers, acquisitions, layoffs, etc. I've moved a few times for this company (some they paid, one I paid to get to a preferred personal location). Where I'm at now is 5 hours... — read more 

So many companies are moving towards WFH

Unlike our upper management, so many other competent ELTs have realized that WFH works better both for them (fewer costs, increased productivity) and their employees. A lot of those companies are currently hiring for remote positions and I've already... — read more 

Down 17K, 50K to go.

Well, we know the head count in reporting is behind a few thousand from the Q2 reports, but still a long ways to go... "On top of these cost cuts, the large bank reduced professional services expenses by 14% in the quarter and has made initial... — read more 

Did people read the same memo I did?

From what I read it seems that most of us will have more ability to WFH than before COVID. The only ones who got scr___d were those who were WFH fulltime before all of this. But it seems more winners than losers if more WFH is the goal. But from what... — read more 

The other reason for RTO no one is talking about....

Banks have a F__ ton of debt on their "off balance sheet" books called CMBS. CMBS loans are valued based on the rents collected. If you are home working, you are not going to the city to buy overpriced shoes, over priced meals away from home, or... — read more 

We need to stick together, not attack each other.

Except for the oddballs that left and come back to troll, the rest of us are still coworkers. We are all affected in some measure by the layoffs, RTO and hub strategy. That person you attack may be sitting next to you shortly. This forum should... — read more 

Shared cubes in office

Will we be expected to share keyboard, mice, and Skype headsets with numerous other people who use the cube?

Consequences for NOT Returning to Office?

Are there any consequences for NOT returning to the office three days a week? Or just a directive to do so? Do they plan to fire people who do their work but don’t go in to the office? And if they do fire us, on what basis?

Relying on Natural Attrition

"Over time, we would love to do as much of it through natural attrition as possible. Given the size of the company, we have significant attrition and people self-select because of how we're going about doing things."- C.S. Response during the Q2... — read more 

I don't get your issue

You all worked in the office before. You all commuted, you all had to deal with your coworkers and bosses being in the same room with you. You all did that for years, some of you for decades without a second thought. So why is it suddenly such a big... — read more 

Relo or Layoff Update

Does anyone have info for those that are nowhere near a hub that were sent a relo or layoff letter before pandemic? Those Scott and Saul emails were clear for everyone else but us. Thank you.

The Race Is On

I already had several interviews (external) in progress before today's RTO announcement. And I'm not letting up until I'm out of here. It's not merely RTO, there's so many things that this place does and doesn't do that just don't resonate or align... — read more 

I Don't want to work here anymore

Never worked with so many lazy people in my life. I'm not showing up in the office and adding a 2 hour commute just to show my face if everything i do is with people 3K and 8K miles away, its just d-mb. The work is depressing, the people here are... — read more 

Concord CA and San Francisco

Neither location has been selected as a hub for Corporate Risk. With RTO coming up in September/October, are they going to ask employees to relocate to a hub by October?

Is there a limit on how many severance packages?

I was displaced and did not use all of my severance package as I was rehired by WF within a few months. If I get displaced in 3 years from now, am I entitled to another full severance package? Or is there a limit on how many SP you get... — read more 

moving to a different hub location?

Now with the RTO strategy, I will likely have to go into the office though I've been a remote worker my entire 5 years here. But I was planning on moving to warmer temperatures next year. Does WF allow people to move to different hub locations based... — read more 

RTO even if you have kids?

So people on my team are trying to say they have to stay remote because they don’t want to pay childcare…..or it’s too hard with kids… blah blah…I wasn’t ever given that option when I had my two kids. Most of us werent! How is that a reason to stay... — read more 

FAQ - Back to Work

Love the FAQ. If you don’t want to come in use PTO, go on leave, or find a new job.

Starting Sep 7th - Return to Work!

Just read the email from COO. We will be in office Three days a week and two days remote. If you read the FAQ (must read), indirectly they are enforcing everyone to be in office . Also taking vaccination surgery is required and failure to do so... — read more 

Be strong and encouraged

It is hard to see the reality of the big picture when you are in the middle of chaos. I equate this to being in a hurricane simply because the area of effect seems disastrous until you leave it. Suddenly the sun comes back out and although you can... — read more 

13 SIGNS That Someone is About to Quit

Source below (Harvard Business Review): The pre-quitting behaviors that made the cut are below: Their work productivity has decreased more than usual. They have acted less like a team player than usual. They have been doing the minimum... — read more 

Here's an Idea

Joe Exotic is getting his sentence vacated and resentenced. Perhaps they should sentence him to 3 years as CEO here. He's qualified because he has experience running a Zoo already and could probably improve morale to a better state than it is... — read more 

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