Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Digital Consultants

Seeing lot of job requirements for Digital Consultants. Just wondering what exactly they do and do we need so many of them? Anyone with more info care to shed dome light?

All the things we have to contend with

Working at WFC means having to contend with unprofessional managers nepotism-driven promotions no focus barely any talent loss of revenue due to bad decisions no accountability for many mistakes no direction bleak... — read more 

Did RBP's get displaced?

Is this true? Did some Regional Bank Presidents get displaced? Doesn't surprise me, since some were the main culprits of the gaming Regime when s—ing customers dry for core solutions and benefited from it. Some were the DM’s that would make... — read more 

Morale

Do you think morale, and TM engagement and sentiment is worse here or the New York Governor's Office? Lets hear it. My assessment is it's at an all time low.

It's not just layoffs

Wells Fargo has stepped up firings as well. They seem to be looking for any and all reasons to kick people out - anything that'll not get them into a wrongful termination lawsuit mess will do. Make sure you're extra careful not to mess up, even if... — read more 

WF employees: This is ominous activity

https://www.thelayoff.com/post/@OP+1a62flHa My husband who specializes in this activity within industry says something is definitely amiss. This is serious and Scharf wont be able to cover this up, if anyone is looking. Interesting that the... — read more 

Marketing bloodbath

Just saw some announcements about re-org and displacements happened last week all over Marketing. All of the groups were impacted as far as I can tell. A lot of spans and layers type adjustments with small team managers turning into ind cont roles... — read more 

Liquidity event triggered?

https://www.bloomberg.com/news/articles/2021-03-29/wells-fargo-said-to-execute-four-block-trades-worth-2-billion Any one know what kind of gsib exposure wells had to cs? Raising $2B overnight looks....ominous. Was that a forced trade? ... — read more 

Wells Fargo is becoming better.

The cooperate interns that I are coming have really amazing skills and experience. They are coming from top schools and have insane amount of relevant skills. Right now the count is with 300+ interns at many different locations all over the United... — read more 

david trotter loa?

anyone know the story of why David Trotter was placed on leave of absence effective immediately?

New WIM head of Diverse Segments.

Another chase hire. What's interesting is he was a regional head of middle market banking. Doesn't seem to have any diversity Mgmt experience

Dead end job

Did I imagine a time when working here actually meant you'd be making decent progress depending on your drive and willingness to go the extra mile? Or has this always been a dead end job? It certainly has been feeling like one for the past several... — read more 

WALKK OUT/CALL OUT APR 30,May 1 and 3

You will get displaced from one day to another your life will change just like that. Do you think the higher ups care about you?? Absolutely not so why should you??? I propose we call out on APRIL 30 MAY 1 and MAY 3. You won’t get fire for calling... — read more 

Branch Banking changes call

All DM, Region bank presidents, and branch managers have a call Monday 3/29. No idea what the update will be but I’m expecting an announcement that the service manager position is going away. We’ll see what happens though.

Real fat never gets cut

I understand we need layoffs as so many people pointed out in several threads so far, but what I don't understand is why they keep cutting people from busy departments that are already struggling with workload? You can't tell me that's "getting rid... — read more 

Standing up for Wells Fargo employees

To the parrots who keep mindlessly repeating the “Wells has a lot of dead weight” line. Can you intelligently explain where you’re getting your data from? In other words - I’ve worked for the firm for quite a while now, and at most, have only... — read more 

A year and a half later

It's been exactly 18 months since Charlie took the reins and I see no substantial improvements from where we were before him. The stock has been improving lately but it's still far from the $51 it was when he took over. The only thing he did was to... — read more 

How worried should I be about next week?

Since it's the last few days of the quarter, what are the chances they'll decide to drop some announced layoffs on us to appease the shareholders if the numbers are not shaping up to be what they want them to be? I haven't been here for long so I'm... — read more 

Compliance / Risk Layoffs

Chainsaw Charlie got his bluff called by regulators when he tried to layoff compliance / risk. The entire risk organization is now even more skewed and has decisions made by leaders who HAVE NO IDEA about how we got our name in the news so much! ... — read more 

by
| 2720 views | | 8 replies (last March 30, 2021)
Post ID: @OP+1a46vcyz

Should I join Wells Fargo?

Hey All - Just got an offer from Wells Fargo. I have been following this thread lately to gather some perceptive which I will need in order to make the final decision. My offer is from Corp Risk. I am curious to hear from you folks who might have... — read more 

100% remote work will not be a thing for good

I know a few people who moved away in the last 6 months or so. Basically, once they concluded WFH is most likely here to stay. Another friend is considering the same and I can’t convince him he’d be making a huge mistake. How can people think that... — read more 

Federal Tax Withholding Changes

Anyone else get to pay Federal extra taxes this year? WF HR change the behind the scenes tax with holding tables. Many employees are getting shocked when filing taxes and having to pay.. Call the Ethics line on HR!

Brutal

I was laid off yesterday. Received an IM from my manager asking for a few minutes of my time. While I am being told my job has been eliminated, I watch my work lap top and phone were being shut down. This was at 7:46 in the morning. Another... — read more 

Feeling so sad

Endless layoff, endless pressure, endless pandemic and endless sadness. Hope who got laid off can get something better. I am getting tired of everything here.

Lay off today- call reps

And possibly management? Laid off. Today. It was via conference call so I don’t know who or the total number displaced. At least 20.

Equities CIB

Today CIB .Wells Fargo let to 19 administrative assistants...mismanaged antiquated museum place....awful. shut down fixed income and muni...

Regional Service Advisor siting

I’ve been working at the branches for years now, even through COVID. Prior to COVID, I saw the RSA probably 1-2 times a week for about 30 minutes before they went to lunch and never return. During COVID, I saw the RSA once and, today, one magically... — read more 

by
| 1980 views | | 10 replies (last March 28, 2021)
Post ID: @OP+1a2pFcbX

Layoffs

They happen all the time. Seriously, if you're not preparing yourself and out there looking for other opportunities on an ongoing basis, you're not doing yourself any favors. You're not promised anything. Your employment with Wells can end when they... — read more 

Start a new thread - post a news comment, question or message:

: