I don’t have any personal proof other than conjecture and information regarding cancelled PTO. Unsure if this is layoffs at the lowest level which we are expecting or possibly reorg based on the last round of spans and layers that hit. I’m expecting... — read more
online banking correspondence jobs going to india
Have a friend who works in the online banking correspondence department at Wells Fargo, she was told two weeks ago their jobs were going away in July. As India does some of this type of work already she assumed the work is going to done in India... — read more
Still not able to cope
I was laid off six months ago and I am still struggling to cope. I'm one of the few who actually liked my job at WFC. I'd come back without a second thought if given an opportunity. I was able to find a new job but it pays less and the work is boring... — read more
Charlie squeeked thru a pay raise at shareholder meeting today
https://www.reuters.com/article/us-wells-fargo-compensation-breakingview-idUSKBN2CE2HE "The banking world’s most thankless job just got more so. Wells Fargo’s executive pay plan won approval on Tuesday from a scant 57% of shareholders, based on a... — read more
Comments are back on teamworks!!
Hopefully it will remain and people will speak their minds!
Who has the goods to dish on Auto?
So what's the scuttlebútt on Auto? What's the four–one–one? Who has the goods to dish?
What’s the final decision on going back to the office?
My manager said we aren’t until 2022 bc of risk. Also we might be on an alternating schedule. Are you being told anything different?
Legal layoffs?
Are legal layoffs starting back up? I heard that some areas could go to India or Philippines. True?
Fredo Daley?
https://www.chicagotribune.com/investigations/ct-met-bill-daley-insurance-test-20190207-story.html
Wells Fargo is targeting older employees
My team has been hit hard in the last few years. It has changed significantly. The biggest change? Our average age has gone down from around 40 to around 30. That is not a small or negligible change. I am now the oldest one here and I'm 49! I guess... — read more
Location Advice
So I'm being offered an internal role, but it requires me to move to a few specific cities, none of which I'm enthused about. I'm not in a good situation and want to take it and am okay with moving, just have reservations about the few cities being... — read more
No stagecoach, enterprise, or team member
We got an email today that says to no longer use the stagecoach on any Wells Fargo materials. It also mentioned that the terms the bank and employee should replace enterprise and team member. These people are out of control. What does it matter... — read more
India is goin down...BPO + pandemic + 3rd world country = massive operational risk & CEOs like chainsaw are hiding it from shareholders
Wells Fargo and any corporate crony who follows this BPO offshore model is hiding pandemic/political unrest risk from shareholders. Well, forbes is finally putting the pin in the offshore model bubble and admitting there may be a problem. "The... — read more
Getting rid of dead weight
Wells Fargo is in the process of getting rid of dead weight! Once the dead weight is gone the bank will be able to flourish again! Just a matter of time before the turn around but profits are already seeing the impact of letting the dead weight go! — read more
Elimination of Tech Business Systems titles (previously Business Systems Consultant titles)?
Is there any insight on the plans and timeline for eliminating the Tech Business Systems titles (previously Business Systems Consultant titles), especially within WIMT? There has been open discussion of the plans for QA for some time. I have heard... — read more
I refuse to be afraid of layoffs
I know that the threat of layoffs is real and more present than ever. I also know that there are a lot of younger people who took up mortgages, took college loans for their kids, car loans, and whatnot. I am in my 50–es, been with the company for 27... — read more
WF Ripoff
My dept. was sold so they are terminating me next month. I had earned money for my FSA account, doing their stupid health education and getting a physical, etc. So Iooked at my account today and they pulled out the money they gave me. Plus some of... — read more
Product Owner
How good/du–b is your Product Owner? Does he even have great understanding of the application or keep asking silly question all the time? What is the expectation from a product owner? Shouldn't he come up with user stories at times? Specially... — read more
How to identify bs and defend yourself
Charlies goal is to get you to quit. Charlie set the tone when he changed our status from Team Members to employees. Everything he has done is anti-employee. Here is a list of what he has done and what you can do to get even: Cutting... — read more
Ryan Cohen to the rescue.
My prediction is that Ryan is heading to Wells Fargo very soon. For those who are not familiar with him, he is the founder of Chewy. When he sold his company, he invested all of him money into two stocks. Apple and WFC. Then he took some profits and... — read more
Question about Risk screen failure
I’m a personal banker for WF for almost two years – today an investigator called me saying I opened a jo––t LLC business account with one of the owners failing the risk screen (his wf account was in the negative apparently) I don’t recall the risk... — read more
QA titles will be disappearing in May??
Did anyone hear that manual QA jobs will disappear in May ?
S VB post real question
So S VB post on LinkedIn that he's been here 2 years etc etc. I have a genuine question not trolling. I'd like to know what really has been accomplished in 2 years in the IT/ tech space? From the outside looking in I don't see the anything's been... — read more
No more helping
Did anybody else notice how quickly every "Can you please help me with this?" and "Do me a favor and please help out with that." stops being a request for help and becomes an everyday expectation? Lately I've started finding myself "unavoidably busy"... — read more
HR folks - please help answer?
I submitted my app and it has been sitting in “Review” status for almost over 1 week since the job closing date. Previously I had a second app to another position at WF where the other one went from “Review” to “Screen” allowing me to speak to HR... — read more
Two more gone...
They are running for the doors now. Head of international and HR #2 People, time to get serious and get those resumes out there. Captain schettino has left the Costa Concordia because he knows whats going on.
Possible future scenario
A couple of months ago, I was the writer that said Abbott Downing would be the next to be sold. Well I was kind of right and kind of wrong, but right about it going away. Next domino to fall is the elimination of the "A" in WFA. People there will... — read more
Glad we had a good quarter
Things could be worse. For sure.
Charlie is not the big bad wolf
He is doing the job that he was brought in to do. Sloan and Stumpf ran this company into the ground. Literally. Charlie has the messy job of turning it around and he is on the right track If you are scared for your job that means you got... — read more
Who does Charlie stand up for?
Charlie stands up for himself, his money, filling top jobs with largely white male former cronies, his chainsaw, his stock options, his lackluster Jamie Dimon impersonation, his friends at the country club, and stepping on others to get ahead... — read more
Charlie is doing a great job, just not for us
People here are so funny sometimes, thinking Charlie is a bad CEO because he's laying off employees. That's what actually makes him a great CEO in the eyes of the board and shareholders. He is not afraid to cut costs, which is something they are... — read more
How will 2021 be?
Predictions?
Working on PTO
I love working on PTO to meet arbitrary deadlines. That’s it. Back to work. Thanks
Getting rid of experienced employees
I have to state from the start that this is not just a Wells Fargo issue, this is the entire industry's issue. It has become a custom to cut experienced employees to fix the problems created by incompetent and self–serving upper management. This has... — read more
FInTech Takeover
Top 5 Tech companies that might merge with Wells Fargo IMO Microsoft. CS is on their board. Perhaps a double agent. Microsoft can afford to spent around 10 % of their Market Cap and a good way to grow their business even further. New Name:... — read more
Looks like J Dub is a dub....
Head of Private Wealth gone.... We are cutting thru execs like a warm kn––e through butter