Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

WFC posts are telling

Compared to other company layoff posts WFC by far is the most pitiful, juvenile, whiny and unprofessional. Not all but definitely more than average.

I have an idea. Let’s outsource the whole company.

The idea is to make as much money for shareholders as possible. Wells only cares about cost-cutting and profits, the more the better. Well then, let’s put our money where our mouths are. Why is it a good idea to outsource only basic IT... — read more 

HR layoffs

I guess with so many layoffs HR staff won't have much to do except frame and harass employees let they get fired.

Dear Santa.....

Dear Santa, Can you please make Wells Fargo Great Again?

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| 2060 views | | 4 replies (last December 26, 2020)
Post ID: @OP+18AFNzLp

A lot of STAR jobs posted. LOL!!

I wanted to make you aware of some STAR positions that were posted recently – see below for more detail. If you are interested in being a candidate for any of these opportunities please apply online using Teamworks or Teamworks from Home and the... — read more 

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| 3670 views | | 6 replies (last December 26, 2020)
Post ID: @OP+18zVpr0e

Just letting you all know

If you only have business related degrees like finance, economics, MBAs or anything else, you no longer have job security. Why? because we are increasingly moving to a more a technology centered time where everything is dominated by tech. If you only... — read more 

I really hope...

That 2021 will be a better year. We were challenged in 2020, as individuals and as a company. My family had hard time, but we'll bounce back. I hope that Wells becomes a better company next year. More employee centric. It'll be hard as I am not... — read more 

Career Services

If you have been displaced, do you HAVE to talk to the career services advisors? Or is that just a tool to help? From the emails they’ve sent me it almost feel a little pushy and now I’m not sure if I must talk to them otherwise the company will cut... — read more 

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| 1920 views | | 9 replies (last December 30, 2020)
Post ID: @OP+18yrAl2q

risk layoffs

I worked in risk supporting security all their plans were terrible and had to be redone I think the risk team should be offshored to Mexico.

Pandemic Market Changes

Tech stocks on a huge upswing. Wells wasted years hiding from it. Maybe it wont be too late if they start moving with a sense of urgency. Never hide from the future, it wins every time. Be careful, old things will fail and old ways of doing things... — read more 

Horrible new hires

Looks like we're sc-aping the bottom of the barrel when it comes to new hires. To say that incompetence reigns supreme would be an understatement. It just goes to prove that any person worth their salt is staying as far away from Wells Fargo as they... — read more 

Unused pto

Anybody knows when they will pay the unused pto hours of those displaced?

Stack ranking - here is what my manager told me

I was told by my manager that stack ranking will be across the entire department, irregardless of job title. So in a group of 650 or so people, in IT, everyone will fall into the same stack. I would have expected it to be by job title, but was told... — read more 

COO happy holidays message

Just found it interesting after a year of them beating us over the head about the need for diversity and inclusion , all but one of the leaders in his video were white men. Not one female. And then this guy Nate Herman who is like the worst executive... — read more 

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| 3020 views | | 8 replies (last December 24, 2020)
Post ID: @OP+18w1OWNg

Where's growth?

All we seem to be doing is selling and closing stuff and cutting people. Barely an acquisition in sight. Most of the people who leave on their own are never replaced, not to mention those who were laid off. Is it just me or has WF given up on growth... — read more 

Jim Cramer

On CNBC's "Mad Money Lightning Round," Jim Cramer said he believes in Charlie Scharf, the CEO of Wells Fargo & Co (NYSE: WFC). (The Federal Reserve Board gave banks the greenlight to restart share buybacks after the market close Friday.) Who is... — read more 

Speaking of misleading PR

Charlie’s comments, yesterday, while speaking about the bank’s stress test: “We remain committed to supporting our customers, employees, and communities during this challenging time.” Right. Employees living under constant stress... — read more 

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| 2780 views | | 9 replies (last December 23, 2020)
Post ID: @OP+18vscrPE

Make some Glassdoor reviews...

With all the true frustration being posted her about WF, it would be a good idea to rate WF anonymously on Glassdoor. People who are looking to start working for them go there to get an idea of what it’s like to work for them...

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| 1880 views | | 5 replies (last December 20, 2020)
Post ID: @OP+18uIxXlu

unbelievable

I worked at WF 2 decades ago I left after my boss and HR harassed me for doing work, while my boss and workers were not and were involved in s-xual harassment and embezzlement. I quit without notice after taking the bank global with operations in... — read more 

Goldman Sachs Wells Fargo Rumor

The rumor is (see below) that GS is interested in acquiring our Asset Management Unit... https://www.pionline.com/money-management/goldman-sachs-named-potential-buyer-wells-asset-management-unit

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| 1760 views | | 5 replies (last December 29, 2020)
Post ID: @OP+18tAEuXm

401K / WFC

Just a friendly reminder to never own company stock. If you do, make sure it is 10% or less than your portfolio. Can you imagine the ones who contribute to their 401k and have 100% WFC and don't rebalance the contribution lmao. I know so many of... — read more 

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