I've seen a few comments on this forum regarding spans and layers targets being increased from 7:1 per manager to 10:1. A Teamworks search finds several references to the 7:1 plan but nothing about 10:1. Can anyone confirm this 10:1 claim and provide... — read more 

If we're expected to do everything under the sun and then some regardless of what our duties actually are (or should be,) than what's even the point of giving us job titles? Just assign us numbers (since that's all we all are anyhow) and be done with... — read more 

I quit a month ago to pursue my own business. I have been working non-stop six days per week but am happier than I have been in 15 years. This week was the first time without a paycheck. I am living on savings and couldn't be happier. I went to a... — read more 

Over 100 branches announced closures so far this year, mostly in February. Retail r—ds are in trouble. https://www.occ.gov/topics/charters-and-licensing/weekly-bulletin/2021/index-weekly-bulletin-2021.html

Why can’t those of us that have worked hard and made great money get a piece of the action? I’ve been paying into the system for 20 years, averaging over $80k per year in fed/state taxes alone. Shouldn’t I be entitled to some of that welfare money?... — read more 

we just were merged with another group, there is this one older lady in our group that move with us, and she always try to dump her work on me as she is not able to do it. The new group some people in it said that she is trying to pull this on some... — read more 

allow for managers and execs to keep the low wage workers pay so they get more

Can't believe how many people want to be back in the office. Sure I get the HR folks who actually get to travel and see new places on the company's dime, but why would anyone want to be stuck in a cube farm for 8 hours a day? So many people are... — read more 

Thought I’d share that a lot of jobs are being posted to make it look like Wells is hiring. They rarely are. This is only for image. They pull the jobs or freeze them with no intention of growing a company where they are looking to layoff a total... — read more 

Has anybody heard more on this?

Nearly everyone with this phase in their job title are glorified secretaries/messengers. Their jobs are to pass messages between people, schedule meetings, and paste other people's work into PowerPoint. These people have no original output... — read more 

Seriously, three days in a row averaging 15 minute calls to be able to log in. Password works, all updates made. IT be like “this should work”. So far 45 minutes wasted

Last week, layoffs in HL Marketing. When will rest of Mktg layoffs happen? There are only a few more weeks left in Q121.

I'm ready to move on. I heard Wells is cleaning house in July. If you were employed during the Fake Account Scandal look out.

Wells Fargo Advisors is continuing to pare the structure of its wealth management businesses, consolidating the 12 regions of its private client group into eight and giving broader management sway to fewer executives. The plan, announced to managers... — read more 

My last paycheck was one of the worst and best days of my life and I am never coming back to this place. I have just moved up on the food chain, where here there are no promotion opportunities, they only bring in friends from the outside for... — read more 

Facts 5000 or so low level sales people open up dummy accounts and fired Exec's are either in the know or simply ignore the fact their incentive plans are causing people to commit crimes Politicians like Liz Warren rain hell down on the place... — read more 

As if Wells never learned their lesson about compliance, removing people from roles without anyone to fill the work is going to lead to major issues with compliance infrastructure. They are moving highly skilled individuals from these roles and... — read more 

Did anyone bother to watch it? I really get no value from these; nothing useful is shared or discussed and quite honestly I have better things to do with the hour. I guess it must be a metric to have so many to make sure we all feel “heard”. Btw the... — read more 

Why do we have these when no real new info is shared? Just regurgitating "ideas" and discussing theoretical displacements. Why can't they ever have a substantive meeting?

This is really the easiest way to get Wells where it needs to be operationally. The over 50 crowd has likely been here for decades, hasn't brought anything new/modern to the table in many years, and is paid a comp that no other company would ever... — read more 

Assumingly many people working out of NJ have taken parental leave at some point or another. NJ is one of the rare states that offers paid bonding for 12 weeks at 80% of pay and Wells Fargo is suppose to make up the difference so that you receive... — read more 

A long-timer here. Throughout my career, I’ve worked with many people and saw a lot of them start at the company, leave, get laid off. To be honest, today whatever an employee does, and no matter how well he performs or how good his skill is, he is... — read more 

Anyone who was recently displaced willing to share what the packages are looking like? They used to be 2 weeks per year of service but there was a rumor they would be cut this year. Any insight?

I'm not talking about the regular attrition that happens all the time in every company. There is a huge difference between losing 5 percent of your overall workforce and losing 5 percent of the company's top talent - and the latter one is exactly... — read more 

Are we going to be reviewed soon or are we “safe” ?

Heard that out 1500 manual QA's, only 250 will be retained and rest will be let go Any one knows if this is true and when is this expected to happen?

Just wondering what the internal hiring process is? I don’t want my manager to know that I am looking for jobs. So let’s say I will get the job.. will they make the offer first or check with my manager first? I am worried that if I reject the offer (... — read more 

Charlie keeps saying he wants to exit the businesses that “he deems” to not be core to the franchise. Well, that could be anything. It wasn’t that long ago that Jon W said “selling our asset management was not in the cards.” Apparently one of our... — read more 

I have been waiting for the next nonsense prediction of doom and gloom. I have been saying St. Paddy’s Day because it’s as good a guess as any other. When will someone admit they just have no clue like the rest of us?

For to long have the people of this firm allowed leader, executives and board member to divide and destroy this great company. It is time for us to form a Union of bankers, advisors and associates to protect our rights and have a say in the future of... — read more 

When the layoffs are done in two years or whenever? When the stock price goes up? Never? I have never seen morale lower anywhere I have worked. No plan other than massive layoffs. No transparency. Reorgs happening sometimes four times a year... — read more 

Piggy-backing on to a post from yesterday. The final line is recommending employees to go to work for a company who considers their employees to be an asset, rather than a cost which needs to be eradicated. That one line hit home for me, and... — read more 

https://youtu.be/cgg9byUy-V4 i0

I encourage you to be a leader of your own life, not follow the path that Wells Fargo is attempting to sell us on. You know the sales pitch: If you care about Wells Fargo, you will accept the facts as we present them. 25% of you must go, so that 75%... — read more 

https://dilbert.com/strip/2021-02-25

All call with just URL given. (From HR) No topic. No speakers. No agenda. Folks are spooked, me included. Anyways, our turn may be coming. Is this how it goes down? Or do employees get called one by one?