We’ve been told we’re going back to the office, I think not. Rumor is call centers are next on the chopping block, no surprise since most companies now outsource those jobs overseas. Now is the perfect opportunity for WF to start closing local... — read more
Do you think new HR will layoffs lots in dept?
Will Bei fire a lot of HR peeps? I’ve heard she will. Also, are we changing our name to JPM? No surprise there.
Laid off and interviews
There have been many posts about how it looks to recruiters when you're laid off. I just had a few interviews from different companies and when they ask why I am no longer at Wells Fargo, I tell them that I was laid off and they understand and say... — read more
Teamworks Team Member Lookup functionality has been updated
And of course it's already broken.
Tech Conn wth?
What is up with the long hold times? 30 min+ they must have cleaned some house there recently!
The VDI communication
For those wondering about the VDI that's coming, here's verbatim what was sent out in March about this from Saul. Was not sent company wide, but rather to mostly technology folks. And, the VDI portion was at the bottom of the entire article which I... — read more
Covid, the Vaccine, & RTO: The Reality Checck
This past 4th of July I had my vaccinated friend over with his vaccinated wife to my all vaccinated family for dinner ... My vaccinated friend tested + for C-19 many weeks earlier celebrating that he just had the sniffles ... He had gotten a... — read more
Make sure you review WF on Glassdoor
One place those who are looking for a job, applying, etc is to look at the company reviews on Glassdoor. You'll notice lately most of the 5 star reviews for WF are coming from India. And, that makes sense with the amount of work being transitioned... — read more
Stressing over layoffs
I have been working in banking for nearly three decades with the goal of early retirement. I'm still a few years away from it and lately, I've started stressing constantly about possible layoffs. That was not something I used to worry about but the... — read more
Canceling personal line of credit
What is the deal with Well Fargo canceling all personal line of credits that recently announced?
Collective Bargaining Anyone?
Unions cripple companies for the most part but maybe there are other ways to organize?
Week of 7/12
Any more info on layoffs for the week of 7/12?
Automation
I think anyone who works in wholesale banking including RM’s, portfolio managers, underwriters and analysts should start preparing for a career change. In the next few years, the entire loan underwriting, origination and portfolio management process... — read more
One for the Capitalists
Capitalism is all about competition. Competing with your competitors for sales, for example. That competition extends to workers. Us. We either compete for jobs, or if there's a shortage of qualified workers, business competes for us. Better... — read more
Living a Bad Dream
Do you ever wake up and feel like you work in a bad dream? And when you think it can't get any worse, it does? My only regret is not leaving sooner. I have never seen an organization that treats and engages people the ways that they do, has such... — read more
No laptops -- now Virtual Desktop Interface (VDI)
So we're all headed back to offices (insert pandemic laughing). And now WF is eliminating laptops for employees, instead moving to VDI. Question: If we're in meetings away from our workstations, how do we take notes on non-existent laptops? Do we go... — read more
Hunter’s Art
I wonder if Chainsaw or Fredo will buy some and have it hanging behind them in their next Zoom call?
Laid off and with LHH
I was laid off but WF gave me the career consulting firm LHH to work with. Does anybody have any experience with this firm? Does all WF displaced people get this LHH?
Frederick MD location
Anyone hear any news on what’s to become of the Frederick MD location? Heard rumors part of the building (more than currently is) will be leased out to other companies, or WF may not renew the lease all together (and therefore would be WFH)
Better safe than sorry
Everyone’s circumstances are different. Most that I see who want to leave are just wanting to go with a severance. Like everyone else I have a mortgage, bills to pay and with the help of my hubby a family of 5 to support. I took it upon myself to... — read more
Return To Office
So when do you think they will announce return to office plans? By end of July?
Part 30 Circle Jerk
Anyone else watching... (vomit)
What do you want your narrative to be?
“I got laid off” was not something I wanted to say in any job interview. I planned to leave on my own and was working on an exit strategy for months. I wasn’t going to allow WFC to lay me off after over 15 years. I could afford to be picky while... — read more
Wells Fargo Taking Steps to Simplify its Business
Dear Employee or Customer: In an effort to simplify our business, we are closing all customer accounts. All employees will also be eliminated. We realize this may affect your credit, but this decision is final.
Please stop.....
NOTARY!!! We already down to 2 bankers from 5, and everyday we have to deal with annoying, entittled, non value-added customers for notaries. Many doing closing docs at the branch for free? Many don't even bank with WF. We are taking a hit at closing... — read more
Keycorp lands wells fargo executive
https://www.paymentssource.com/payments/news/keycorp-hires-wells-fargo-executive-to-fill-new-esg-role
McDonalds to end selling fries with it’s burgers
McDonalds is shutting down the sale of all fries in coming weeks and no longer offers the product, angering some customers, CNBC has learned. “McDonalds recently reviewed it’s product offerings and decided to discontinue french fries”, the fast food... — read more
I got rejected by JPM too
I applied to JPM but got rejected, and here I am. : (
What is scary is for us older workers : over 50 years of age.
The risk of dying from COVID-19 after being fully vaccinated depends on people's age, The older a person is, the more likely they are to die from infection if it breaks through the protection given by the vaccines. The efficacy rate drops to 64... — read more
Systems QA Associate/Analysts
Are being told that they will be moved into business groups now as End User Testing Analysts. Any idea how this will change the layoff for QA? I know a team of end user analysts was eliminated in May. Now they are doing this?
WIM Compliance reorg
When will the reorg and layoffs occur?
Personal line of credit
What if you currently are paying one off?? Then what?
Product Cancellation
https://www.cnbc.com/2021/07/08/wells-fargo-is-shutting-down-all-personal-line-of-credit-accounts-.html
A great book
It really helps explain what is behind the woke initiatives we are facing. https://nypost.com/2021/06/21/woke-inc-why-im-blowing-whistle-on-how-corporate-america-is-poisoning-society/
Charles in Charge just hired a new Head of Human Resources. Guess where they were working last?
Bei Ling is joining us from JPMorgan Chase where she was most recently the managing director and global head of Talent Development and Total Rewards. She is going to be responsible for all aspects of “Human Capital Strategy”.. in layman’s terms, the... — read more
We're officially the JPM Chase Rejects Bank
Hey all banks out there! Give Wells Fargo your tired (exhausted from running down other banks), your poor (those lacking poor leadership skills), and your huddled masses yearning to breath free ( so they can enslave free team members to arbitrary... — read more
RTO Update - Communication next week
“Communication regarding RTO has been delayed this week due to the enterprise pausing to rethink a few components of the strategy. No specific details behind the pause or what the strategy will look like. A revised communication is targeted for next... — read more