Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Women gives me a plate of fresh baked cookies today

A customer came in today and gave me a plate of cookies to share. I was kind of shocked, never happened before to me. I used to go to the gym and be way more optimistic on life, last year was horrible gained weight etc... Anyway it sparked... — read more 

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| 1670 views | | 7 replies (last January 17, 2021)
Post ID: @OP+18Vs5dsv

Final day of Salary Continuation

1/14 is final day of 52 week SC. Could not have come at a better time. A year of no WFA pressure and no worry about Covid from coming to work. Now on to retirement and best wishes to those left at WFA. Hope Chuck sells you to someone soon before all... — read more 

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| 2230 views | | 8 replies (last January 19, 2021)
Post ID: @OP+18UDkOxV

What if you disagree with raise?

2020 was my first year at Wells Fargo. I can’t find the answer to my question in Teamworks. When do I have an opportunity to negotiate my raise in a typical year? My manager is making it sound like it’s dictated to me in a few weeks but that can’t be... — read more 

Minimum Severance

Hey everyone I’m newer at WF and lots of changes obviously. Does anyone know what the minimum severance is even for an employee less than 1 year of service?

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| 1980 views | | 9 replies (last January 17, 2021)
Post ID: @OP+18UKMD7C

When are non-sales bonuses announced?

2/5 is coming up and our team hasn't heard anything. Does Wells wait til the last minute, or does everyone getting a bonus already know by now?

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| 2510 views | | 5 replies (last January 15, 2021)
Post ID: @OP+18U38xSb

What’s everyone whining about today??

Most of the commentary on this site is hilarious. Add in the fact that there are non-WF people posting and commenting, others come just to stoke fear and see if they can start rumors, and then the media actually reading and writing articles based on... — read more 

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| 1390 views | | 8 replies (last January 16, 2021)
Post ID: @OP+18U2Vk8G

Bonus policy vs. Resignation

Looking for help here - tried to find on my own via teamworks but no luck. I am strongly considering a job offer outside of WF and expect the offer in the next 24-48 hours. That being said, a two week notice would bring my last day into first week of... — read more 

Service Managers

Pretty sure SVM1 role is gonna look a lot different come Thursday 1/21. Probably being demoted to lead. Thoughts?

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| 1850 views | | 4 replies (last January 19, 2021)
Post ID: @OP+18T2tkSB

New 401k plan and Mega backdoor Roth IRA

Does anyone know if empower allows us to do the mega backdoor Roth contribution? www.thinkadvisor.com/2020/06/29/the-mega-backdoor-roth-explained/%3famp=1

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| 2410 views | | 5 replies (last January 16, 2021)
Post ID: @OP+18TtQFvD

Minnesota

Site is being sold. Most will work remotely going forward until they leave.

Town Hall Notes

(Skip to the end for Q&A. Audience was mostly Tech) Elevator music. Operator says meeting will begin shortly. A different operator talks about support. Hard to understand his accent. Meeting starts 10 minutes late. Happy New Year. Can... — read more 

Office of Consumer Practices

Now we have another new organization where we will see a lot of high priced leaders added as they are cutting everyone else, just for the purpose of good optics without any substance.

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| 1670 views | | 6 replies (last January 13, 2021)
Post ID: @OP+18SAy8sR

Empower

Check out reviews for our new 401k administrator Empower, they are horrendous particularly on yelp of all places. They are legit but they also are incompetent in handling customer requests. I plan on rolling my money out of there as soon as possible... — read more 

Salary Continuation Pay Plan

Just noticed today (1/12) that the handy dandy chart that used to show how many weeks severance you'd receive has vanished. And on the POLICY LIBRARY, there is no chart. There IS a place to click and get to where it SHOULD be, but AMAZINGLY it's... — read more 

Manager Pitting San Francisco vs. Charlotte

I have a manager in SF that has dozens of directs and has been giving "inconsistently meets" to team members in Charlotte. These team members had either "meets" or "exceeds" ratings over the past 2 years. This reflects a belief that San Francisco... — read more 

No more 60 day notice period

I was looking at the 2021 employee handbook changes. It looks like Wells Fargo cut the 60 day notice period to all future displaced employees. Any chance I’m misreading or misunderstanding the edits?

Would You Join WF As A New Hire At This Time?

Would you leave your current company to join WF if it meant a solid pay raise? What’s the culture like at WF? Is there anything positive going on there? I know it’s hard with uncertainty and layoffs but genuinely curious before I make what could be... — read more 

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| 2360 views | | 20 replies (last January 13, 2021)
Post ID: @OP+18ReHiIv

reply all

I love how when a large group of people accidentally get an email the number of people that reply all and tell everyone to stop replying all. Common sense folks. Perhaps they should be the ones on the chopping block. Now time to go delete the 200+... — read more 

Interesting discussion about Wells future

“ Wells Fargo has $25 billion in excess capital right now because they're not allowed to do anything with it. They're also limited in how much dividends they could pay this year. If you remember, Wells Fargo was the only one of the big four that was... — read more 

Complaints complaints complaints

It feels like Wells has lost the plot again. Now the new obsession is nps and COMPLAINTS. How many complaints did you log today? Why did you not log more complaints? Do they deliberately want you to fail?? I’ve seen this movie before and I DON’T like... — read more 

FedEx package arriving 01/13

I received notification from FedEx that I have a package arriving 01/13. FedEx states it weighs 2lbs. Could this be the WF layoff package? Package is coming from WI. Thinking it may be Covid supply stuff.

Posts with names?

How come some posts with names are allowed like the "Jimbo McHale" one has been up for days and then some posts are removed - I saw one the other day with a specific HR party named and that was removed.

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| 1450 views | | 5 replies (last January 12, 2021)
Post ID: @OP+18NTsPqW

Making change happen (risk course)

For those who are in risk roles and need some levity, go to develop you and take t he required course in “making change happen”. I’d really like to know how much wf paid for this course. I’m sure it wasn’t cheap and goes to show how dumb leadership... — read more 

Ask every large meeting about long term strategy

Hey all - if you all are concerned as much as I am about if the board is looking to piece out Wells Fargo and sell it entirely please start bombarding them anonymously with questions about their long term 3-5 to even 8 year strategy in all of the... — read more 

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