Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

This about sums it up

I've been here 16 years and here's why I'm not currently looking: 30 days of PTO is hard to give up. Not sure what other places offer, but I'm in a job where I can easily use my PTO and give my manager fairly short notice that I'll be taking off... — read more 

Some Nice Music from Beethoven - Symphony No. 5

Please access this link and play this music for yourself. It is so sweet. Beethoven - Symphony No. 5. I played this music in my High school band, on the clarinet, and the logic of the music learned helped lead me to be the advanced computer... — read more 

Wells Fargo

Wells Fargo has a n ew way of getting rid of people, instead of employees using HR every thing goes to Corporate Investigations. People who have worked their over 20 years getting grilled to put pressure on them to leave with allegations made by... — read more 

Wealth unhinged

Wealth business is a disaster- Barry has no clue and his restructuring of the wealth group is poorly designed and executed- directions shift every 2 seconds- just like his town halls- squirrel/ shiny object- and his LT. Micheal (advice) is the most... — read more 

Online Banking new failure advertisement.

"We are aware some customers had duplicate payments debited from their accounts. Any potential impacts due to this issue will be addressed. Thank you for your patience." Chainsaw and Co. are worse than the previous group of nuthouse rejects.

TX Unemployment

Hello, do any of you know if those who have been displaced will qualify for unemployment after the payment continuation finishes?

What's your incentive to stay?

Other than not being able to find a new job yet, is there anything else that's keeping you here? I'm sure the majority of employees are not looking to leave so there must be something. We know it's not pay, benefits, upward mobility, or the countless... — read more 

Wells Fargo LinkedIn post

Nice to see Wells Fargo employees attacking the public who voice disagreement with "there are no black executives" Charlie Scharf addressing the Georgia voting law. I guess the plan is only provide banking services for people that work at Wells... — read more 

Premier banker

Anyone have insight on the premier banker position now? Teamwork’s shows like 3–4 different type of premier banker titles. Which one applies to current premier 1 trying to get to the next level?

The real deal on location

Let's say the truth: 1) Most companies wont be back to normal operations in Sept. 2) The corporate communication was vague on purpose. Vague, but SEPTEMBER! 3) Risk management is so REAL at Wells, you know whatever happens in September it wont... — read more 

Job market is tough out there

Applied to several other big banks/PE firms but I didn’t hear back anything. I think the WF experience is not really a bonus on resume. Besides, I have all the up-to-day technical skills and I literally got 0 interview so far. Feeling sad about... — read more 

Don't give them what they want!

Why why why would you quit over the WFH issue when that's exactly what they are hoping you'll do and they'll jump for joy if you actually go through with it? This is their way of getting rid of as many people as they can without paying them... — read more 

If you see something $AY something(to occ)

https://www.omtrial.com/former-wells-fargo-employee-awarded-5-4-million-in-whistleblower-retaliation-lawsuit/ The bank forgets that we know where they keep their garbage. Got a tip? Nows the time to call OCC and report them! Heres... — read more 

DOH! Biden has declared war on CEOs like Chukkie

so much for lift and shift chukkie....hahaha Deny Companies Expense Deductions for Offshoring Jobs and Credit Expenses for Onshoring. President Biden’s reform proposal will also make sure that companies can no longer write off expenses that... — read more 

Who can explain the Corp Comms call?

Our manager cannot even explain it. How will they implement changes if managers don’t even understand what is happening? How is this the main thing BR has worked on for 8 months?!?! Worse than not being impressed by her, she is not... — read more 

Wells Fargo India salaries

Taken from https://www.glassdoor.com.hk/Salary/Wells-Fargo-Bangalore-Salaries-EI_IE8876.0,11_IL.12,21_IM1091_IP2.htm The exchange rate is currently 1 usd = 72 rupees. Notice these arent just paper pusher jobs. Managers, programmers, data... — read more 

100 person DE&I

Wth? Kleiber indicated his team will be over 100 strong. How does that help get the asset cap lifted and increase shareholder value?

I made my decision

If I can't continue working from home or at least using a hybrid model I'm gone. Not to mention, their reasons for wanting everybody back in the office seem like a load of bullc-ap. There are plenty of other companies that have more competent... — read more 

Screen monitoring?

A while back it was mentioned that they will take screenshots of your monitor if you are idle too long. In the last week or so during conference calls I noticed that part of one screen goes black for about 10 seconds and then goes away. Is this some... — read more 

Truist

I’m on this site a lot and obviously take things with a grain on salt... I know WF has a lot of issues and I doubt whether my group (coso) will still be around in 6 months with the new reorganization and inflow of WFI... I came from BoA and had a bad... — read more 

Contradictions

Charlie wants everyone back in office in september because "We believe most of us benefit by being physically together," Scharf and Powell said. Stop and think. They have over 60000 people now physically located in india. If "physically... — read more 

Wells Fargo & Archegos

https://www.cnn.com/2021/03/30/investing/wall-street-hedge-fund-elizabeth-warren/index.html There's dozen's of write ups. Every other major bank out there lost their shirt, millions, billions in losses. WF not a scratch. The WF credit risk team... — read more 

Long-term Equity Compensation

How are long-term equity compensation determined at Wells Fargo? What level of job title do you have to have to receive them? Or is based on LOB officer titles?

Trying to make everyone go back into the offices

So we just got an email about them wanting us to go back into office in the Fall. This is so stupid and a waste of money. WF should be reducing its footprint more so that we stop wasting money. The more money that we can save the more jobs we can... — read more 

back into office in september

https://www.wsj.com/articles/wells-fargo-plans-to-bring-employees-back-to-the-office-in-september-11617133597 Wells Fargo WFC 2.47% & Co. plans to start bringing employees back to the office after Labor Day, citing the increasing availability... — read more 

People are our competitive advantage

I used to think that phrase was so silly. Like okay every business has people what makes the people at wells so special? These recent months have shown me what that meant. Wells was a place you could work, make decent wages and go home to your... — read more 

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