Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

What I learned from being layed off at Wells

My time at Wells came to an end from getting the cut/layoff and I was always thinking it would be avoided as everyone would just rally around me. Thing is it doesn't work this way but would like to think if you got their backs they got yours and... — read more 

Unfortunate collateral damage

Often not discussed is now that NYC has taken over running WFC after trying unsuccessfully to penetrate it forever, is that those who made a career out this company now have to compete with all the over paid useless “talent” out of that metro area as... — read more 

Independent Risk Management

I work in IRM currently and understand that several people kid off this past Tuesday. No one is talking so reaching out to see if anyone heard if more cuts to come? Anyone know if Gareth Davies was part of this round? He is no longer with the firm... — read more 

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| 3060 views | | 6 replies (last February 22, 2021)
Post ID: @OP+19nhHR7s

GoodBye Bay Area offices

So they started exiting some of the Bay Area offices. Oakland is first to go! That’s a big Chunk of AML and FCRM...

Kleber and the DEI

Just an incredible hire by CS, I know Cleber is going to transform this company, our communities, and country!

Premier banker 1

Will the current premier banker 1s be displaced if they do not get promoted to the new title when the time comes?

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| 1210 views | | 2 replies (last February 12, 2021)
Post ID: @OP+19npJyAx

Rethinking about HUBs?

I recently had WFC screening interview and I asked about relocating to HUBs. I was informed by HR that WFC is re-thinking the entire HUB concept. Apparently, with the COVID global experience, the success and effectiveness of employees working from... — read more 

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| 2950 views | | 8 replies (last February 12, 2021)
Post ID: @OP+19m5gbtI

Open Position

Anyone know anything about the Fund Admin group in Asset Mgmt? There is an open position I am looking at but not sure how the group is and I am also a bit worried about the potential sale. Right now I’m in Operations. Thanks

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| 1290 views | | 4 replies (last February 12, 2021)
Post ID: @OP+19mciSUZ

Let’s think outside the box:

I’m starting to lean towards the personal philosophy of taking the opposite path of Wells Fargo. I say this with a bit of sarcasm, but in truth, I think it could be the way to go. They support offshoring: I support keeping jobs in the US. ... — read more 

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| 1410 views | | 9 replies (last February 14, 2021)
Post ID: @OP+19mb6vAc

The Chief Compliance Officer and Head of Wells Fargo Asset Management (WFAM) is actively looking for another job!

Just got a call from my buddy, asking me if I knew M.W. And what I thought of him. He just interviewed at another firm, and told them the PE buyout is imminent. Those were his words. It is Time to jump ship folks when the head of the department is... — read more 

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| 3920 views | | 7 replies (last February 12, 2021)
Post ID: @OP+19m1DMMy

Central ops

I’ve been offered a middle management position in centralized ops (won’t mention where specifically) after having left for another company for the last year. How bad/good is it? Is location strategy still on the table? Are layoffs still looming? I’m... — read more 

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| 1500 views | | 9 replies (last February 12, 2021)
Post ID: @OP+19mgM1Br

Saul's laughable Comments on Tech Town Hall

"I don't know why we feel the way we feel and we are exploring what we have to do to change these feelings". this is so laughable I don't know if he is just hiding behind a rock or he has his head in the sand. 75% of the surveyed peeps are... — read more 

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| 2830 views | | 19 replies (last February 13, 2021)
Post ID: @OP+19mC3qDZ

Threatened with layoff? Forced life improvement.

A group of us (WIM) will be obsolete soon so that prompted me to look elsewhere. 6 competing firms offered me a job and with much better pay. I wouldn't have looked around if the threat of a layoff was non-existent. Thx WF!

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| 1370 views | | 7 replies (last February 12, 2021)
Post ID: @OP+19mnKtzs

How long?

How long should your application remain in “review” status before you give up hope?

Trying to get laid off, would this plan work?

My job is very important to my group, and I doubt I'll be laid off. I'm in the 50-70k salary range. I'm the only 1 in our group that does my tasks, and the only one that even knows how to. I WANT to be laid off. My entire job can be done in ~5... — read more 

BEWARE WF..what goes around comes back around!

Remember that all your evil cuts both ways. If the exec's do not care, why should we? You do nothing to support us, so why should we support you? Money you say? The exec's are getting paid too, and doing nothing for it. "Oh no they say...this is not... — read more 

HUB Locations

Why is Atlanta not a HUB location when there is so much diverse talent there?

Team Meetings

So in the team meeting when the tech secretary wouldn't let me speak about my own work, I made the decision, I need to be the one playing my hand making my life my own. One thing to remember is your the one carrying a legacy. To just be silenced... — read more 

Org chart colors

Could anyone explain the meaning behind the colors on the org chart bricks ? they at times appear as yellow, light brown and dark brown, where the standard color of the bricks seems to be white. There are also * preceding the names of employees... — read more 

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| 1950 views | | 8 replies (last February 10, 2021)
Post ID: @OP+19k2I4XT

Company changed my Job Title

The company changed my job title to one that i don't like. If i go job hunting is it appropriate that i use the prior one that i was hired for? I want to find another job and im working on my resume but but feel some what conflicted if i can use my... — read more 

DM’s still here from CORE SOLUTIONS GAMING ERA

I am surprised how many DM’s are still employed that were here putting pressure on managers and bankers during the CORE SOLUTIONS GAMING era when it was like the wild Wild West. The 8am calls demeaning managers for not being at 110%, the call nights... — read more 

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| 1370 views | | 8 replies (last February 27, 2021)
Post ID: @OP+19kO5Th6

What to expect when Private Equity buys WFAM...

My husband’s cousin worked for Russell Investments when Reverence Capital Private Equity bought them out in 2016. Reverence is one of the potential buyers of WFAM. Here is what she told me happened once the deal closed: 1) the head of Russell... — read more 

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