Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Why wait until September?

Why the delay in getting back to the office? Who isn't going out to eat, shopping, entertainment events, etc.? Those who wanted the vaccine have it and those who did not, do not. Let's just move on and get this over with. It's not like the common... — read more 

2 weeks notice

What about if you get a new job and put in 2 weeks notice? Do you think they make you work the 2 weeks or not? I’m in a branch role (not sure if that makes a difference)

Layoffs?

Anyone heard about any layoff dates? Also, any details on what the severance package looks like for 2021?

Why Fit In When You Were Born To Stand Out

“Fitting in with the crowd is the easy option that requires less work and thought and it is the path that many choose for the sake of an easy life. By merely fitting in you are denying yourself the opportunity to grow as a person and you are limiting... — read more 

So 75% of job descriptions are going away apparently?

I'm sure a lot of you saw the email about the consolidation of job titles that the company has from 10k down to 2,500. Apparently a lot of that reduction is simply getting rid of the numbered layers that many job titles have. Is this just a backdoor... — read more 

I admit that I don't handle change well.

I wished that I did, but I don't. It's hard adjusting to new surroundings and new people. It's hard when you're used to having a routine daily and you're comfortable in that routine and then suddenly a change beyond your control happens. But... — read more 

The job market must be better than I thought

We're losing team members constantly to other banks so I guess things are not as bad out there as I thought. When people talk about the multitude of jobs that are available right now and having trouble finding employees I thought they were referring... — read more 

I look good on a chopping block

I'm over 60, coming up on 30 years. Critical player in every aquisition and wealth of knowledge, every useful tool...my hand is on it. Dead weight, maybe. Employees find me and other team members when their tail is on fire. I'm happy to go, but... — read more 

Licensed Banker Layoffs?

Anyone on here a licensed banker (new title: Relationship Banker)? I’m thinking I might be targeted for the next round of layoffs because all new relationship bankers must obtain their series 7 (I was only required to get my 6). My job is pretty... — read more 

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| 1590 views | | 7 replies (last June 14, 2021)
Post ID: @OP+1bhqkErJ

Outsourcing Rumor

I did not hear this myself, but was told this by somebody who was in the meeting and has no reason to lie to me. So take this for what it's worth. During a meeting pertaining to "Agile Transformation" the topic of Outsourcing came up. We're... — read more 

What happened to last in, first out?

Why is it that as somebody who has been here for over a decade I have a bigger chance of being laid off than somebody who's been here for a year or two? Every single layoff round people with experience are cut while those who have joined recently... — read more 

Woo! Interviews are happening

Despite the career stagnation and being forced to use 15 year old tech, companies are finally giving me opportunities. Hopefully by next week I will have an offer in hand and be able to leave this behind. What is your experience with getting... — read more 

Maximum raise for promotion?

For a typical exempt role at WF, what is the highest percent increase one can be given without a virtual act of Congress? The closest I've found in the handbook is that if your salary is already less than 10% from the new job's midpoint, then you... — read more 

Call/Contact Center Employees return to office

Great you guys. You slackers who don't want to work is screwing it up for everyone. Management is pushing HARD to get us back into the office. for every 1 good worker, 2 or 3 of you are screwing around and messing a good thing up for the rest of us... — read more 

Disengaged to the Max

I have never worked anywhere that has such inept, poor leaders with zero respect for people. Not even the dignity of a person. They do not care what your TM experience is, your morale, your needs, not anything. You're not even a human being... — read more 

Payout of Accrued PTO Upon Separation

Question: Some cities/states require employers to offer sick time above and beyond normal PTO. According to the Leaving Wells Fargo doc, accrued PTO is paid (if appropriate) with the final check. Does anyone know if accrued sick time (in... — read more 

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| 1360 views | | 6 replies (last June 10, 2021)
Post ID: @OP+1bfnNREY

Consumer lending shared services

Anything insight on when or if CLSS under Courtney will be doing layoffs. The team I'm on does.not have a real BAU task. We are doing alot of point in time activities.

I've been doing this all wrong

A coworker is leaving WFC for good on Friday. He got a job at a local bank (as small as they come) but he got higher pay, bonuses, and from what I understand he has much better health insurance options. And here I was completely ignoring small banks... — read more 

EBay time?

I was laid off a few weeks ago. I never had a chance to use the ugly gray branded face covering I was send, or that candyass key to open doors. I'm gonna sell it on EBay and see if I can get money for my COBRA health insurance. That shipment... — read more 

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| 1460 views | | 4 replies (last June 8, 2021)
Post ID: @OP+1bf18AsZ

Corp Comms Leadership

Hearing from multiple colleagues in comms and in LOBs that BR’s time is ticking fast. She will be out in 3-6 months. No confidence in her from top down, mostly at the top. Her re-org viewed as a joke, very badly managed/inputted, not yielding the... — read more 

Managers who won't manage WFH by choice

A number of teams are reporting their managers are simply stating no WFH as they don't want to manage the exceptions etc. How lazy can they be? How hard is it to know your 7 people? They will lose talent and rightfully so. Not to mention the extra... — read more 

Sasquatch sightings

Someone had to start this conversation, so let this be it. Several people have spotted (what appears to be) a sasquatch driving a stagecoach at night around the San Francisco financial area. Witnesses agree that the sasquatch appeared cautious... — read more 

How long has it been like this?

Was Wells Fargo ever about anything other than profit at all cost (and with our history, I do mean all cost?) Is there anybody here who has been at WFC long enough to remember a time when things were not this bad? When the idea of pushing employees... — read more 

Anyone else double-dip?

I left WF in January. I had a boring job that I usually completed within the first 45 minutes of the day. A great opportunity came open with a tech company. More pay, better benefits, and I am permitted (nay, encouraged) to work from home. I was... — read more 

Question for others interviewing

(Tech/ICS) Are you noticing a lot more people recently are asking salary questions the first time you talk to them? I kind of like not wasting my time with endless Zoom screens before we get to brass tacks, but this seems new. The remote/commute... — read more 

Always deal from a position of strength

I enjoy sharing ideas with my co-workers to improve their lives without making them feel bad if they are not ready to make the change yet. I’m, for the most, part happy with my job. That is because I have been lucky to have a really great manager... — read more 

WORKERS ARE GAINING LEVERAGE OVER EMPLOYERS

NY Times By Neil Irwin June 5, 2021 The relationship between American businesses and their employees is undergoing a profound shift: For the first time in a generation, workers are gaining the upper hand. The change is broader than the... — read more 

Tired of the Hypocrisy

So my group is asking people they're hiring to relocate to hub cities but the hiring manager gets to live and remain in a non-hub city (has not been here long either). How hypocritical is that?! As a leader, you're supposed to do what you expect and... — read more 

The good ole days

2013 & 2014 - Wells Fargo names the most valuable bank brand by The Banker 2015 - Became the largest bank in the world by market capitalization Then.. 2016 - Some azzholes who padded their bonuses by opening unauthorized accounts brought it... — read more 

Location Strategy & Return to Office

So I've heard so many different things from internal sources on this, such as: 1) A recruiter told me some people would not be returning to office in September and/or it would be up to their manager. 2) CPG person stated they are working to... — read more 

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