we are coming onto the layoff weeks, next week is Feb

I was told that bonuses are based on Line of Business and not role. Is that true?

Anyone else having a bad experience trying to find another job internally? I have interviewed for other roles in the last month, all which I am well qualified for. I've been rated meets or exceeds every year. You interview, hear nothing for weeks... — read more 

knowing we're waiting on the "ok" from the BOD sometime today-friday on managers getting the ok to release the bonus info. Can a manager please respond back once you've been given the official green-light to discuss comp?

If I leave wells fargo at 55 years old can i take funds from my 401k without the 10% penalty?

Our group is receiving 80% of what we received last year.

The company will give you $5000/year to take college classes. Considering how many electives are required for most degree programs you can take just about any kind of class you want. So, what's your reason for not taking it? Seems like with... — read more 

What is your secret to longevity? The longest time I have served on any company was ten years.

Have not had. Review yet. Are branch employees getting the regular 1-2 percent this year?

In my past work experience, being laid off means that there wasn’t enough work for your position so you were laid off. However, when the work increased you would be called back to return to your formal position. I have been in banking a long time and... — read more 

How quickly things chasnge. Early 2000s were all about financial services, banks and investment bangs were cool - everyone was so proud that we worked for Wells. Now, not so much - many things changed and it'll continue to be painful. Good luck. all... — read more 

When are they planning on consolidating and closing the branches?

So I perform poorly, I get laid off. Management performs poorly, I get laid off. Management performs well, I get laid off. All roads lead to layoffs.

Turns out the funding levels for bonuses was a complete lie. The 90/85/80 % tiers will not be the level that bonuses will be paid. I have not seen the exact numbers but have now heard from two trusted sources (one in HR, dealing with compensation... — read more 

Anyone have anymore information on this? Will Business Specialist become bankers?

No sht - those of you in regulatory reporting thinking you safe from layoffs, i got some not so good news for ya....youve been fingered. If i were you Id ve looking to jump asap before the hammer... — read more 

Saul said the next technology layoffs will begin in in the second quarter + go into the third quarter this year. Does anyone happen to know why they are holding off doing any in the first quarter all of a sudden?

The sale to the private equity firms should be announced any day now. The deal will close on June 30 2021. Those of you sitting around waiting around to see what happens should start looking for a job ASAP. The PE firms are planning on installing... — read more 

Looks like no company will be able to go back to office until end of 2022. Even if you get an appointment to get the vaccine they keep postponing it as the Federal Government stopped sending vaccine to the states. Cases worse than they have ever... — read more 

To those who have previously let go, I apologize that this has happened to you. It appears that my colleagues and I will be joining you in the near future. Did or does Wells provide any outplacement services? Thanks in advance

I have a FedEx tracking account that notifies me of any impending deliveries. A notice I received indicated that “Wells Fargo” is the source of a package I’m scheduled to receive this week. I have no idea what this could be. Should I be worried? — read more 

Leaders like Charlie use people’s weaknesses to accomplish their goals. If I were Charlie, I would take notice of the yes-men scrambling to please me in order to save themselves. I would use them, then I would get rid of them. Ultimately, I would... — read more 

As a tech lead, there are a lot of people not behaving the way they should behave. Narcacist managers, they feel they are better more qualifed people than you. This can lead to negative effects in the narcasists life. For example, they have 0... — read more 

RSOs(regulatory source owners), maybe 200+, are being eliminated. The CCO and her senior leaders have been hoodwinked into believing the new platform called ENGIn will replace the judgement, experience and vast industry knowledge of RSOs. The OCC,FRB... — read more 

I got a decent offer from a relatively small regional bank (around 1,000 employees) but I'm reluctant to accept. I can't figure out why I'm not jumping at this opportunity since I know that realistically, my job can't be less safe there than it is... — read more 

"Strong people don't put others down, they lift them up " ~Michael P. Watson That seems to be the theme around Wells right now. Managers that used to have confidence and great teams are now just running scared and ensuring their teams look... — read more 

Have a sh–ty manager at wells? Got a poor performance review with a performance improvement plan? You might qualify for a constructive dismissal claim. Talk to a lawyer before you sign any severance paper at wells fargo: "In order to... — read more 

Tons of employees are getting laid off because the company isn't allowed to grow. The business is forced into a situation where they have to get into niches that use less headcount and what headcount they have they ship off to India. It also hurts... — read more 

Anyone have any insight on this and how it is going to affect the branches? I heard simplification of rolls and titles. Will there be compensation changes?

I got word our group will all get canned in February 2021. Anyone know any ideas how to avoid this?

I am trying to roll my money over, I just resign end of November. There has been 0 communications on how we access it for those of us not working within the walls of Wells. Any ideas?

Do you get no bonus if you are a 2 or 1

It's been stated here that the company takes screenshots of employees computers to see what they're up to. Make sure you cover your camera with a stick it note so if they monitor you they won't catch you half dressed.

https://www.linkedin.com/jobs/view/2374909851

High probability that if you have not yet received your review that you will not be around much longer.

I'm new to this. Is it in the process of discussion to request modifications to the content, if you disagree?

Rumor that a large number of areas at the Glen Allen VA operations center are being moved to India. That will cause a large number of layoffs there. Anyone know if true?

Q2 and Q3. Very very difficult to stay motivated with possible layoffs hanging over my head.

India: Free healthcare for you, spouse, children and parents Wide selection of subsidized (almost all free) online courses not available in usa Free life insurance policy More holiday time off International cultural coaching training onsite... — read more