Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Touching bases

I was let go at the beginning of the month. The only thing going for me is that I’ve been preparing for this for over a year. I was a bit depressed and for a week or two I was asking myself what I could have done to avoid being cut. The only answer I... — read more 

CORP COMM DISASTER

I’ll start. How many people know people who were laid off Th in corporate communications? And how many people know people who were demoted? And how many people know people who were moved into roles with no manager, no job description, no clear... — read more 

Be prepared, folks

Everybody who was able to do their work comfortably from home for the past year should have a backup ready. The ELT is looking to outsource as many jobs as they can and the past year provided them with a good indicator of which jobs were performed... — read more 

America’s worst bank

https://247wallst.com/banking-finance/2021/05/21/wells-fargo-is-americas-worst-bank/ The Harris Poll is one of the oldest, most widely regarded polling companies in America. It has done a company reputation survey every year for decades. Recently... — read more 

How many people got laid off today?

I know there are small layoffs at WFC all the time, but today seems to have been different. I know of at least three different areas that were hit and I see some more mentioned here. This worries me because there was zero mention of a more... — read more 

New structure in Corp Comms

Found out I’m being moved. Asked my boss and no one has details. no job description and no one knows what is going on. Grateful to have a job but managers are clueless. Isn’t this what you are all paid to know? pathetic.

I got layed off today!

Got the package today. I was in the technology group. I'm now retired with a sweet retirement package. Wells Fargo did me right after more than 20 years of service. I'm feeling great.

He leaves companies worse than he found them

Charlie talks a good game, but that’s where it stops. He tends to move on before he is discovered to be not much more than a CEO who blames the help, attacks expenses, and otherwise offers no interesting ideas. Basically, he’s a corporate task... — read more 

What's the scuttlebutt in Auto?

Who has the scuttlebutt regarding upcoming layoffs, spans and layer changes, etc. in Auto? Who has the four-one-one? The inside scoop? The haps? The DL? (Only gentle responses are welcome.)

Wells Fargo Executive Team’s Warped Priorities

Per an article from Zacks Equity Research yesterday: “Nonetheless, after the Fed's second round of stress test and subsequent approval, WFC resumed repurchases in first-quarter 2021 and raised its share-repurchase authorization by additional 500... — read more 

What about Quality Monitor position?

Lots of talk about the QA roles in technology going away, but what about Quality Monitors? My teammates and I are all Quality Monitor role in HL Business Excellence (old SORM). Any word about our roles being cut/moved to something else?

CLT Townhall

Again we have executives that can't speak. They really need to attend a public speaking class. Hmm, ah , yea, hmm..good lord. It's exhausting just to listen.

Which banks still respect hard work?

Is there a place where I can go and know that if I excel at what I do, I'll be rewarded accordingly? I know that Wells Fargo is not that place, it hasn't been for years. I'm in my forties and I'd like to move my career forward but it's becoming more... — read more 

Wells Fargo wants to be a hedge fund

According to this analyst in the article link below Wells Fargo is going to layoff lower level workers because they are going to make money giving financial advice. Talk about a company that is in denial. Why would anyone take advice from a company... — read more 

Location strategy, again?

Seems like this is bubbling up quickly again and we will go from lockdown at home to lockdowns in a smaller number of centralized locations.

More branches to close

https://www.bizjournals.com/philadelphia/news/2021/05/17/wells-fargo-closing-21-more-branches.html

What's up with BofA Folks?

Have been seeing lot of new folks (hire up and ICs) joining from BofA (happy for all of them, but asking out of curiosity)..

how do i get pay raise

I am looking for 20% increase in pay, manager doesnt speak english; does anyone know how I can complete my raise ?

The Agile Fraud

Is it just me or is Agile a complete fraud. For every hour of work i do, i spend 24 hours doing what i would call process related work. I have to attend hours of scrum calls, story planning meetings, hours to write out user stories, hours to give... — read more 

Question for anyone who works in a fraud team

I work for one of the fraud teams at Wells Fargo, we keep loosing more and more people, either leaving the department to go to another investigations team internally or to another bank/job. Our weekly case amounts have now increased to levels that I... — read more 

Dumping more and more work on us

I feel that this is a never-ending process. Our group just keeps getting smaller and as people leave for other jobs or retire. The company doesn’t hire anyone to replace the people that are gone and the managers just dump the extra work on the rest... — read more 

Drip drip drip

Every day, I check the employee count on teamworks and it goes down about 150+ employees a day. I have to update my email distribution list weekly since I always have to remove all of employees email addresses with a 'zz'. So depressing.

New Mortgage Structure

What does everyone think of the new mortgage structure? Most of the people I know are all afraid for their lives b/c of being micromanaged. We get our emails listened to with technology that tells us when a complaint has been identified, told when to... — read more 

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