There are companies that care about their employees and are bending over backwards to find options that would help them avoid or at least minimize layoffs. Then there are those that are using this crisis to cut as many people as possible under... — read more 

Thing is being in technology is not as glamourous as it sounds. They put together pens for the software engineers to work in. This is in dirty little buildings, with the open offices, but really its more like an animal pen. In these you are... — read more 

(source below) 2016 09/2016: The fake account scandal 09/2016: Improperly repossessing service members’ cars 12/2016: Wells Fargo fails its ‘living will’ test 2017 03/2017: More fake accounts 03/2017: Flunked... — read more 

I know this has been talked about before- but does anyone actually make 100 percent of their market reference point ?

Does this mean potential layoffs ? Very scary and uncertain times. I am a new employee and wondering if it make sense to leave or ride this out.

I can give a pass to a CEO who is already leading a company that has fallen on hard times, and then has to cut jobs. But a man who demands $36,000,000 specifically to take the job of potentially ruining the lives of 65,000 families? I don’t... — read more 

Coca Cola recently offered employees voluntary buyouts. I wish Wells would do this instead of layoffs. It accomplishes the same goal of reducing expenses but without the huge negative impact to morale.

I work in a department with good employees. Everyone gets along and works together to do a great job for WFC and we all have a good relationship with the managers. Everyone has their individual weaknesses and strengths which come together to form a... — read more 

Does anybody know whats gonna happen to the stocks I purchased through the enployee stock purchase plan? I dont wanna call hr and be on hold for god knows how long, im wondering if theres anybody here knows whats gonna happen to the money i put on... — read more 

When Wells Fargo identifies unethical behavior they sweep it under the rug as professional misrepresenting and allow the behavior to continue. This behavior impacted my continued employment for reporting it.

What other communicators are embarrassed by the head of communications holiday poem? 🙋🏻‍♀️ 🙋‍♂️ Just me? Real talk: who is clear on the 2021 strategy?

Between April and September, 45 of the 50 most valuable publicly traded U.S. companies turned a profit, but most of them used that profit to pay their shareholders and CEOs while they laid off tens of thousands of... — read more 

I recently joined the CIB group within sales and trading group coming from a large competitor. It seems like CIB is very small compared to the larger players on the street. Wondering if anyone has a view on how it is here and what are the long... — read more 

Can someone from IT please provide details of what was discussed at Saul’s(Head of IT) netting today? Will be out of office.

https://m.economictimes.com/industry/services/property-/-cstruction/wells-fargo-inks-1-3-million-sq-ft-office-lease-with-divyasree-in-hyderabad/articleshow/79356376.cms This is probably a leading indicator for where wells fargo jobs are... — read more 

https://www.fool.com/investing/2020/12/15/4-firms-are-reportedly-vying-for-wells-fargos-asse/ Two asset and wealth management firms and two private equity firms are reportedly in the running to purchase Wells Fargo's (NYSE:WFC) asset management... — read more 

Analyst Associate VP Director MD

Saul is selling his WF shares! Does this alarm you?

Thread started for layoffs taking place today.

It's supposed to be an improvement plan but we all know the end goal is to fire as many people as possible while saving all the costs associated with layoffs. A coworker who's been put on a PIP is breaking his back trying to meet whatever (in my... — read more 

https://www.propublica.org/article/jpmorgan-chase-bank-wrongly-charged-170-000-customers-overdraft-fees-federal-regulators-refused-to-penalize-it

This is pathetic let’s cancel all in person events and screw the little people with a virtual award presentation that is great we also will get a gift basket and gummy bears to save a dollar and screw hardworking hmc who went thru hell this year and... — read more 

Our CEO is nearly in hiding. And when he does appear, he is evasive on all important topics. As someone else said, sometimes what you don’t say is more important than what you do say. I have never seen a CEO who couldn’t care less about the... — read more 

Is it solely your manager’s performance ranking that drives your lay-off? So if you are below meets expectations, you get laid off during the next round? Does HR determine who gets laid off? Does anyone know what the magic formula is? Appreciate your... — read more 

To anyone that listened to this today, Tracy spoke of no more backfilling in Charlotte due to risk of over saturation of tech there. What risk is presented by this? Also, what other disadvantages do you think this would have for tech in Charlotte. It... — read more 

The bank has become sluggish because it hired too many people. too many people equals bureaucracy and that equals slow moving. And it is now hurting the company. Look at our competitors, like JPMC, they have a global employment of under 200k. They... — read more 

I’ve worked at WF for nearly a decade and took on a new and more challenging role earlier this year. I plan to just start moving from role to role every year until I find something stable or this all ends. I’m guessing that if I was hired in March, I... — read more 

At what point prior to bonus payment (February 5) can a team member give notice and still receive the 2020 bonus? Say you get an offer in mid-January and the new company wants a start the end of January or early February, would the team member still... — read more 

I heard there are layoffs on Tuesday-12/15. Is that true!

And they blame it on the board forcing them to take the raise. How do us 270k TEAM MEMBERS square them getting millions in bonus and raises while our comrades are being displaced and those sticking around thorough this performance cycle getting... — read more 

Paid for my own desk, monitor, headset, laptop case, etc. No problem. But WF is so cheap it won't pay for printer ink and paper? How ridiculous is this, when company knows we can't get basic office supplies in our offices? Proof company is... — read more 

Wells Fargo's San Francisco layoffs cover a variety of roles, including senior counsel, senior managing counsel, assistant general counsel, business... — read more 

Has anyone got the layoff call during any sort of medical leave or maternity leave? After working with wells Fargo for 6.5 years, On December 5th, I received the call from my manager and I was the only banker at my Florida location to be let go at... — read more 

Anybody hear what other positions/titles are planning on being eliminated? I know the bank is taking heavy losses, but what about the other channels? Home office? Advisors? Many people keep talking about operations, then switch to compliance & risk... — read more 

My manager in CIB has only 5 direct reports and I know another CIB manager with only 3 direct reports. They each manage a team of relationship managers that cover a specific geography, product type or function. I wonder if the requirement for 7... — read more 

Can we expect stack ranking to be a year-end annual review process only? Or, will they stack rank during the mid-year process as well? Can we expect employees that are ranked below expectations to be laid off as a result of annual reviews and then... — read more 

Did you guys see this article? I’ve included the link at the bottom if you want to read the whole article. Bottom line is that Citi in a series of errors, part technology and part human, made a $900,000,000 error. Where did they go wrong? A... — read more 

I heard, overseas workers are not productive, that is why they are moving only operational jobs there.

I ask this because I see the zz there but not on Teamworks