Any news on WIM / WFAM and layoffs?
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
Jump into January
Upvote if this triggered PTSD
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
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
New milestone - >20% back office bank employees are now sitting in india
Since the bulk is operations and technology: Has operational quality increased or decreased? Has software quality increased or decreased? Have deliverytimes improved or gotten worse? Have you had a language barrier? Have you had to... — read more
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
Serious Question, what exactly does the D&I Department do exactly?
I see people getting laid off around here and then i see this large D&I organization that seems to be growing. What is purpose of a bunch of headcount being added for this stuff. The company is in trouble and trying to save money. In my area they... — read more
is febuary 9th dis week another round of layoffs?
Nobody is safe whomever gets left behind know it's only temporary because they'll be left behind to pick up the slack and dread every Sunday of the upcoming week.
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
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.
Bank of America secretly turned over customer data to FBI
Seriously what type of low life bank does this kind of stuff.
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
Common on the HL town hall
That was unexpected
anyone else resigning once bonuses are paid?
Have heard that mgmt is expecting an exodus - that would be a surprise. Anyone else planning to resign once bonuses hit?
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?
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.
Latest headlines - Anxiety's Up and Morale's Down
Any see the news today? This was the headline: Anxiety's Up and Morale's Down... — read more
Job Searching to get out of WFAM before the ship goes down...
I have been actively job searching and networking to get a job before I get laid off in Wells Fargo Asset Management. So far, I haven’t had any luck landing another job outside of Wells. Anyone else doing an active job search? How is it going? Any... — read more
2/9 Layoffs? Just got a meeting invite from boss
Boss just changed our monthly 1:1 meeting from Friday 2/12 to Tuesday 2/9. He's never moved it forward in the couple years I've been here. Possible layoff?
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
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
Wells Fargo Brokerage ooerations layoff; WARN notice filed
https://richmond.com/business/wells-fargo-to-lay-off-320-workers-at-its-brokerage-operations-unit-in-henrico-by/article_0c71f960-21de-5c46-9f5e-3e411a79fb40.html
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
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?
Has anyone had luck with negotiating a separation / package with salary continuation?
As we all know, there is a lot of unethical conduct in this organization. Has anyone had luck with successfully negotiating yourself out? If yes, then how did you do it?
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
It's okay to simultaneously hate your company and find it difficult to leave. Golden handcuffs are a thing!
Just don't let anger and frustration consume your soul.