https://www.statista.com/statistics/250220/ranking-of-united-states-banks-by-number-of-employees-in-2012/ Now you know why the #1 priority for Chuckie is to get rid of American employees. At over $65,000 each, just dropping 10% of american... — read more
WIM Sh-t show
Communication about updates to the business has been a disaster. Get ready for client transitions. Is Barry and his team able to handle getting done with changes and focus on getting back to business.
Return to Office Not Good Idea - India Covid variant most deadly spreading to all the Earth
Gandhi warns 'explosive' COVID wave threatens India and the world (yahoo.com) "India is home to one out of every six human beings on the planet. The pandemic has demonstrated that our size, genetic diversity and complexity make India fertile... — read more
Crazy idea to thwart back-to-the-office
I'm not pro-union, but one issue that could probably be impactful is to pass out flyers to join a union. Schedule union recruitment meetings at WF. While it's possible to create a union workforce with remote employees, face-to-face meetings and... — read more
$3 million to Charlotte
So Chainsaw decided to give $3 million to Charlotte for racial whatever as he continues to buy recovery from his own racist comments. The money he spent this week was really a cover to justify attending the Wells Fargo Golf Tournament and rubbing... — read more
The Job Market is Heating Up
Lots of opportunities out there. I have been interviewing internally and externally and it seems the market is good. The process is a little slow but it's moving. Anyone seeing the same?
Wells Fargo stock slips to flat after report of new CFPB probe
This sh!t never ends!!! https://seekingalpha.com/news/3692423-wells-fargo-stock-slips-to-flat-after-report-of-cfpb-probe?utm_source=news.google.com&utm_medium=referral
Corp comms continue implosion
Anyone understand what is happening and how many people will lose their jobs end of May? Hearing massive restructure with huge talent drain. As if it could be worse. How will work get done with no team and continued talent drain, morale destruction?!... — read more
RESIST!!
https://www.nytimes.com/2021/05/07/business/washingtonian-staff-protests.html
Jim Cramer believes in Wells Fargo!!
“Buy more ... That's the cheapest bank. It's going to be the best bank. I have faith in [CEO Charlie] Scharf"
Relocation
Any ideas on relocation? Are we still going to be asked to move to hub cities? How does this fit in with RTO? There's still no consistent messaging on this coming from the C-Suite. At some point decision need to be made and direction and policy... — read more
Return to Office
Any word on when now? Goldman Sachs and JP Morgan all targeting June to July dates now.
recruitment transparency
Does Kleber plan on doing anything to improve transparency of the recruitment process ?
Finally Made it Out
Well, I finally got a new position outside of Wells. I'm glad I had a horrible manager because it forced me to start looking. I was a Product Manager in Digital and once I started searching, I realized my skills were out of date. No CRM, API, Cloud... — read more
Branch banking busy work is out of control
Has anyone else who works in a branch noticed the amount of nonsense calls and meetings we are having? As a PB1 or whatever they call us now, we have to do multiple calls, meetings, activities that do nothing to create business for the company and... — read more
How Low Will it Go?
Chuckie's 'Total Team' on Teamworks made it below 260k today! How low will it go? Any guesses? I say 250k or so....
Performance Reviews going to be a thing of the past?
I have read within the last year or so that a trend in business is to rid of performance reviews. Any word on WF doing something like that? If I want to have a talk with my boss or if my boss wants to talk with me we know how to get in touch with... — read more
Regarding Wells donating $3 million to India
I want to work for a philanthropic company who does good in the world. I want to work for a company I am proud of. And, regardless of what I’m about to say in the next paragraph, I do think Wells is doing a good thing here. If someone ever asks me if... — read more
Company grants $3 million for Indian health care and emergency response
https://finance.yahoo.com/news/wells-fargo-responds-india-covid-154000019.html - 60,000 American Jobs + 60,000 Indian Jobs Now we're a AID shop for India
How effective is the career services offered
In helping with finding a job?
More cuts this week or next?
Wasn't there talk about early May cuts? What happened with that?
Register today for a free Wells Fargo virtual Cyber security event hosted in India
Be sure to Register today so you can ask probing questions such as: How does work from home in a foreign land enhance cyber security for the 3rd largest bank in America? What is Wells Fargo doing to protect customer and employee data from... — read more
Wells Fargo is one of the top 4 US Banks in America in terms of assets
Can anyone name one thing we do better than the other 3 banks, in terms of providing superior value to our customers vs the other banks? One service that helps us to stand out in the crowd? One innovative standout online function? Evidence-based... — read more
Anyone watching the COO Circle Jerk
Just another propaganda session....
People need to learn to work smart
When I see people who have been here longer than a few years working as hard as they can to get ahead at WFC I have to wonder if they've been paying attention at all to what's been going on around them. People who work hard don't get promoted! Those... — read more
Gloom and Doom
Market and WFC tanking today?
Premier banker
In the new process from the old premier banker 1 to the new premier banker title? What changes? Is it like doing from 1 to a 2 in the old days?
Compare USA job protections at Wells Fargo vs the REST OF THE WORLD
https://www.youtube.com/watch?v=Vq3iQdrmS-U&t=257s USA: Job Insecurity Low wages No legal right to paid sick leave No guaranteed healthcare or pension fund Climate of fear in workplace No tradeunions in finance... — read more
Speaking of Offshoring: Anyone hear about the Mr. Cooper’s Mortgage “payment vendor” fiasco this week?
I need to read more about it, but from what I see at this point: Mr Cooper is a mortgage company who’s “third party vendor” withdrew large sums of money, cleaning out the accounts of over 480,000 homeowners overnight through repeated unauthorized... — read more
Lift and shift - Wells Fargo scandal transforms, now against American workers and taxpayers
https://www.theguardian.com/business/2019/jun/15/job-losses-trump-tax-cut-at-t-general-motors-wells-fargo Wells Fargo, the fourth largest bank in the US by assets, tied a minimum wage increase of $15 an hour to the Trump tax cuts and pledged... — read more
This board is hilarious
Based on the name callings then 1/2 of the people here are stupid, know nothing, completely wrong and the other half are super intelligent, know it all and always right. And how do we know they are always right? Because they think they are LOL
SHOCKING that Wells Fargo is not on the Time List of 100 Most Influential Companies for 2021
https://time.com/collection/time100-companies/ How can this be? Don’t they know who we are? We are a Titan in the Finance Industry. Our stock is up to a dizzying $45 per share! Charlie Scharf is a Pioneering Leader in Banking! His plans are SO... — read more
Our entire India support team is now infected with covid
I work on the business side overseeing a critical back office system. Saul outsourced the entire team to India. There is now no one supporting this system except dbas and server operations. 3 people are in hospital, 2 are running around... — read more
Those laid off really are the lucky ones
Usually, people say that in general, figuratively, but I know a concrete example of a guy who was laid off, took a few months off to spend some quality time with his kids, found a new job in a small bank, and is now feeling better than he did in the... — read more
Wells Fargo Two-Faced. Can’t keep their stories straight.
FACE ONE: January 2021, Wells announces they will stop servicing clients outside of the US. “Wells Fargo is focused on managing risk, and simplifying operations across the company.” “We are committed to focusing on our core business, which is... — read more
What has Wells Fargo done for you lately?
https://www.linkedin.com/news/story/bofa-vows-to-lift-employees-4385201/ Bank of America made the top five of LinkedIn’s Top Companies list — and for good reason: It made commitments to lift up employees and communities they serve. Last month, the... — read more
Start slacking off more at work. Wish I would have.
Hi everyone! I worked at Wells Fargo for 5 years before eventually moving on to another company that pays more, better benefits, amd treats their employees like human beings. Looking back at my Wells Fargo days, the only real thing I remember... — read more
When are the next Auto layoffs?
Will enterprise just sell off Auto? Does anyone even want it? Or will they not only not layoff, but hire even more glorified secretaries? Who is currently in possession of the scuttlebutt, and will bravely share?
which Senior Exec next?
I say PP and MM; one will be pushed out within two months and the other by end of year.