I don’t know about you guys but this David Kowach character that came from Wells Fargo advisors seems so disconnected from the reality of the world of retail. The guy keeps saying “I worked as a teller, banker, manager, premier banker.” Just because... — read more
I had a loan for my 401k
How am I going to pay it back if I got displaced does anyone know?
Excellent article, referring to where WFC went wrong. And, in some ways, continues to go wrong.
4 Business Communication Failure Examples and How to Avoid Them Last Updated On October 8, 2020 A public relations crisis can be a messy affair for a company. One misstep can quickly spiral into a PR disaster that wreaks havoc on a... — read more
Technology is taking over Wells Fargo
If you look at the job openings, more than half of the jobs in US are in technology the rest are in other lob. This is going to be rough
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
wells fargo hrsd employment data arizona
Getting a letter from wells fargo hrsd employment data arizona. What could this be about?
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?
Charlie can not lead this company out of turmoil, if his leadership style has employees at each other’s throats
Young vs old, new vs long-term, California vs NY, US vs offshore, race vs race, gender vs gender, manager vs employee, overpaid privileged senior execs vs everyone beneath them, in-the-know vs not-in-the-know, self-labeled workers vs so-called... — read more
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
How is the market right now for employees over 50?
I've been hearing some real horror stories.
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
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
Does anyone know how me floating / personal holidays we have for 2021?
I noticed that Christmas is on a Saturday in 2021. I'm trying to find out how many floating holidays we have in 20201 but the link to the policy isn't working on Teamworks. I want to use them immediately (right after New Years); especially, since... — 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
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
Is Wells Fargo’s future analogous to Blockbuster or Netflix?
Pre Chuckles, I would have said Blockbuster for sure. Post Chuckles I’m not so sure.
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
How many district managers have been let go this year?
So many branch closures announced....assuming there is a lot of consolidation happening.
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
Wells Fargo hires Michelle Moore, the former Bank of America digital executive
https://www.charlotteobserver.com/news/business/banking/article247952405.html Oh look, another expensive executive was brought in to help Wells Fargo. I’m so annoyed that we have to find out through the media vs. a company wide email — read more
Apollo, Blackstone Said in Talks to Buy Wells’ Student Loan Book
https://www.bloomberg.com/news/articles/2020-12-11/apollo-blackstone-said-in-talks-to-buy-wells-student-loan-book
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...
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
Will there be mandatory COVID-19 Vaccination at Wells Fargo
I am pretty certain companies can require employees to vaccinate. I have no plans to vaccinate and this may be a problem for me. I know that if I reach to HR directly I'll get a PC answer that will tell me nothing. So, is there anyone... — read more
Poll: Stack Ranking - Should Wells Put a Stop to Stack Ranking?
Upvote the thread if you think that we should stop stack ranking. Downvote the thread if you think we should continue wiht it. You'll need to open this thread to vote using up and down arrows.
What's your plan for 2021?
What moves are you working on? Are you about to jet?
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
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