Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Wood Panels in Charlie’s house

Have you seen those wood panels in his house? I’ve never seen anything like that before. You have to be stinking rich to put something like that in, that’s not Home Depot stuff, that’s like what you see in a museum. Must be nice to make $30M a... — read more 

Branch Shifts

Does any one work at a branch? I’m scheduled an hour early in the morning and an hour later in the evening to work on God knows what they want me to work on..? I just hope we’re not preparing to “solicit” customers during these early/late shifts? — read more 

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| 930 views | | 1 reply (February 9, 2021)
Post ID: @OP+19k5lC1O

WF Compliance layoffs- Source Owner

Anyone heard more about the Source Owner layoffs or displacements? also hear that its a way to hire lower salaried team members to do the current work that has to be done. Huge mess now for certain teams with no direction, nor does anyone care-... — read more 

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| 1500 views | | 2 replies (last February 9, 2021)
Post ID: @OP+19ketyZv

Are ex-employees on this website?

Yes. I am. And I would imagine there are others. I am out here for a multitude of reasons. I hated the company and still do. And I have many friends who still work there, who are miserable. It’s like going back to the scene of the crime. When... — read more 

Toxic Team and Health Risks

I worked with exactly the same group as she is describing here at Wells Fargo around 8 min into this. You may be with this group too. A boss that surrounds themselves with minions. https://www.youtube.com/watch?v=2P-5q0C31m4 Glad I found a... — read more 

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| 1900 views | | 8 replies (last February 10, 2021)
Post ID: @OP+19jHiA5A

Is this a damage control PR move?

https://www.forbes.com/sites/peterhigh/2021/02/05/wells-fargos-head-of-tech-plots-a-strategy-for-innovation/?sh=6c5259404442

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| 1660 views | | 5 replies (last February 8, 2021)
Post ID: @OP+19ilCdKS

botox, fillers and face lifts

i am in late 30s and 2020 working here has me looking around 80+ with the anxiety and toxic culture; how do i get the plastic surgery benefits like the execs are getting?

Layoff Bad Strategy - all stakeholders unhappy

Employees , Investors, customers all unhappy with layoff strategy https://www.wsoctv.com/news/local/charlotte-likely-target-wells-fargo-layoffs-analyst-says/NRRABA4PWJHYNIVJZGQONA65MI/ They are using wrong process for layoffs, should be all at... — read more 

Location Strategy

Looks like they are picking the least educated places in the country - South and Mid-West. Dont they want to be successful?

Lump sum severance pay

Does anybody here know how long it actually takes to receive the lump sum pay? Pls no smart*** response coz i already know they say within 60 days but I just wanna have an idea how long it actually takes lol Thnks :)

Annual Bonus for displaced employees

Displaced in Q4. Was told would be considered for annual incentives since displacements had nothing to do with performance but was a job elimination. Checked today and no surprise no bonus. Curious if anyone else displaced got one.

Premier 1 and 2

How hard will management make it for a premier to go from a 1 to a 2. What time frame is there? Will there be a significant bump in salary? When will they start reviewing and assessing end of quarter results? These are all questions I would like... — read more 

Personal belongings still at the branch

I got laid off in early December. When my manager called to notify me, he indicated that an outside company would box my stuff still at my desk and ship it to me. It's been two months since then already. I contacted my manager a few days ago to ask... — read more 

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| 2670 views | | 16 replies (last February 8, 2021)
Post ID: @OP+19gOLSlY

Digital ops layoffs

Anyone know if there are any major layoffs coming to digital? I did heard of many manager were laid off in the past months are there be any more? Support teams, ops, development?

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| 1660 views | | 7 replies (last February 10, 2021)
Post ID: @OP+19fGbu2v

WFH

What’s the latest as to when we are going back in the office? Was working in the Boston office. Any updates? Keep getting conflicting stories. They can’t make vaccines mandatory can they? Thanks

Fortune: Can anyone fix Wells Fargo?

Sorry, paywall:(. Can someone with an account post the text? The scandal-plagued bank hired Charles Scharf to engineer a turnaround. Over a year later, the new CEO has barely moved the needle—and the pandemic has only made the road... — read more 

Base increase start date

Does anyone know when will the merit increase go into effect? I don’t see anything changed in my base salary for the 2/5 paycheck.

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| 1960 views | | 8 replies (last February 4, 2021)
Post ID: @OP+19fvH4VO

Difference in Branch -es

Hi why would one branch refuse to send a wire in store, be so toxic about it was almost angry and hostile when another branch 10 minutes later treated me like royalty, did everything the previous branch said was impossible and then processed my wire... — read more 

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| 1410 views | | 8 replies (last February 9, 2021)
Post ID: @OP+19eF6s7q

I wish people would stop walking away

Can't they see they're doing WF leadership a favor by leaving good money in their pockets? We know thousands of people will be laid off this year. Wouldn't it be a better idea to wait and see if you're one of them rather than just walking away?... — read more 

Notice to Manager

I received a external job offer a few weeks ago and have waited to give notice due to the bonus payout on February 5th. The bonus payout is now on our paystubs. Do I give it today or wait til end of day Friday? Not wanting to burn bridges but want to... — read more 

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| 2410 views | | 18 replies (last February 9, 2021)
Post ID: @OP+19emFB9J

Town hall meetings are so monotonous.

Every town hall meeting, I learn nothing new. I submit questions and they're never read. Instead, they read questions like, can you tell us what that is in your background? Wth? I don't care what's in someone's background! Read and answer the... — read more 

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| 1530 views | | 8 replies (last February 8, 2021)
Post ID: @OP+19eij6ju

corporate risk location strategy

anyone have any real updates on this? It's been quiet and have seen they were hiring last summer for someone to lead this effort but no updates have been provided. Most curious if anyone knows if they will offer employees in non core markets... — read more 

LTI vesting

Are prior LTI grants moving up to vest in February or will it stay in March?

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| 1130 views | | 1 reply (February 3, 2021)
Post ID: @OP+19eSByg4

Agile and Tech Business Assoc position

My job title changed last year to Tech Business Associate. We are moving now to an agile team and I was told that they don’t know what my position will be doing on that team. I’m scared because I feel like this means this role is right for layoffs... — read more 

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