Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Earnings call recap

As usual, Charlie bumbles in ability to s–t out a clear sentence in prepared remarks. Prepared remarks include standard Dem talking points on DEI, disproportionate recovery for communities of color. (All part of being a good Corp citizen by DC elite... — read more 

Quitting Star Assignment

Do you know if you quit a Star Assignment if you can go back on unemployment or do you have to be let go from your assignment?

Anyone heard about quant layoffs?

Just heard some rumors here. Some big reorgs are going to happen in CaPM specifically. Anyone has any insights? Any information will be appreciated. Thank you!

At least the pay is good

Not sure about the newer hires but for those of us who've been here for a while there's one main reason to stay - the pay. I'm willing to put up with a lot if I have something to show for it at the end of the day. I've looked at my position at other... — read more 

Anyone have info on 4/15 layoffs

There have been previous posts that claimed today 4/13 and 4/15 we’re going to be displacements days, does anyone have any updates to share

SVM details anyone?

Anyone have insight on displacements or job title changes? I've read different posts stating the position would be cut or some locations don't necessarily need one. I know it's a crazy idea right now to think of my next move career wise with Wells... — read more 

Tech Town Hall Notes 4/12

In keeping with the leadership's repeatedly stated desire to be "transparent", as well as previous input from others here on thelayoff, here are notes from the tech town hall held on 4/12. tldr: mostly fluff. some news about outsourcing... — read more 

Company Morale

Is it just me or does the morale seem really bad right now? Less email communication, etc. This is an awful work environment - why do anything?

New roles in Risk? w-f

Can someone tell me why Risk gets to lay off a bunch of people and then post new roles that sounds very similar but with a different spin? Ummm sounds like rehiring for the same position? I mean I know WF is st—dbut are they really that st—dIt... — read more 

Question

How many people see Compliance weaknesses/issues in their daily line of work, but do not think it would be well-received if brought to the attention of management? Or have had the experience of it not being well-received if brought to the attention... — read more 

Commercial banking layoffs

Anyone know when the next round of layoffs will be? It feels like once the next wave of account transfers to the central model I will not have any accounts left. My BBG peers are all in a similar boat with their portfolios. Can anyone who knows... — read more 

Lack of communication

All managers I've had so far at WFC (I've been here four years and had three managers in that time) either didn't know or didn't care to communicate properly with their direct reports. This can be a real problem when I need feedback on a certain... — read more 

Racial audit tracker post

Uptick if you voted for the racial audit, downvote if you voted against.

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Post ID: @OP+1aitcSzW

What is next in PA/Comms?

Do we have any insight on what's next in Comms and Public Affairs? I feel so lost and helpless amid all of this uncertainty. No one seems to have a clue what is next...or else they just aren't saying. I'm finding partners in marketing and social and... — read more 

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| 1660 views | | 6 replies (last April 13, 2021)
Post ID: @OP+1aim5icM

Any advise for QA Associate/ QA analyst Titles?

Hi All, I am a QA Associate whose QA manager was laid off in Nov 2020. Then, I was moved under Engineering manager( Dev team) I have automation testing experience and started automating test scripts Just checking if anyone else has similar... — read more 

60 day notice

Anyone from HR or from experience? If you’re placed on 60 days notice before salary continuation begins, are you eligible to file for medical leave?

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| 1580 views | | 1 reply (April 10, 2021)
Post ID: @OP+1aiQ5QHP

I can like my job and complain about it

I don't understand this "either stop complaining or leave" attitude. Apparently, I can only complain if I hate my job. I'm sorry, folks, but that's–thow it works. I can enjoy my work most of the time (which I do) and still complain about the parts... — read more 

Why should a company care about you?

So many people keep mentioning in their posts that Wells Fargo doesn't "care about employees." Why in the world do you think a corporation should care about you? I never understood that kind of thinking. The company pays you to do a job. You do a job... — read more 

It’s amazing

How people let Charlie take over their lives so much. If they use the time and energy they devote to bashing him to find another job they would be on their way out long ago. Must have too much time on their hand and nothing better to do than thinking... — read more 

Advice

It’s been a year I left a competitor bank mainly due to toxic reasons/bad manager and joined a team in Wells Fargo covering CIB knowing the troubles it is in. Now it’s been a year and although my team is great and generally consist of good... — read more 

Layoff vs Burnt PTO...?

There is a real possibility that WF will lay me off this year. If I take all my PTO now, and then get laid off (before I've earned all my used PTO back), do I get charged for that used PTO on my last paycheck? I looked in the employee handbook... — read more 

External candidate interview chance

I interviewed 2 weeks ago for a position at WFC. The manager eluded to the fact that there are many applicants and a few of them are internals. What are my chances? Is interviewing outside the company just all “for show” or will I still have a... — read more 

Are the cuts to Marketing really done?

This last round was brutal. People who had the protection of the gods are gone, and so are the gods. Is it over now? Can we buckle down to work without looking over our shoulders? There are plenty of people who are strutting around like they’re... — read more 

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