Am I reading correctly about medical/dental benefits. They will be exactly the same during the notice period and the continued pay? Also, I couldn't find anything about the Wellsness dollars. Does anyone know anything about it?
Risk Update Meeting Comments
Add your comments and reactions to today's Risk Update Meeting here!
How many are waiting for the bonus payout and then leaving or considering to leave?
How many are waiting for the bonus payout and then leaving or considering to leave? I'm sure there are some who have worked hard and do the right thing to help the company move forward. However with less resources and the company expecting more, it's... — read more
DEI post archived - interesting
Interesting that discussion thread was locked. It was good conversation. Interesting and makes you wonder about this site.
How can they discuss DE&I hiring when they are laying off a bunch of people?
I think it’s a valid question. With all the layoffs, how are they improving minority hiring when they should not be hiring? I think we all know the answer but they will never admit it. They are systematically getting rid of anyone with experience... — read more
Severance Pay for hourly TMs
Do you know if hourly employees will get paid based on a 40 hour week? Are we still getting our small bonus in February?
So can we sue?
Just asking. We can all get together and make it one big lawsuit.
On Leave
Was anyone laid off while on leave? Paid/unpaid leave. Does the 60 day notice/pay continuation differ for us then if you were at work?
Timesheet
Do i need to do anything on my timesheet to get continuous pay? I didnt even compleye mine on the day of the pink slip lol
You have to be kidding me!
I've literally been on hold for the last 6 hours trying to modify my deductions for the next 60 days to garner as much financially as I can while keeping heath benefits. I was able to cash out my 401K but couldn't get into Teamworks at home and after... — read more
DE&I
Let me preface by saying I truly believe in diversity and inclusion. With that said, I think we've done a good job overall with some areas needing more representative statistics. To me the issues are really at the senior level and yet "leadership"... — read more
Can anyone here help me program my VCR?
I don't want to miss this week's episode of Matlock.
How the hell would WF know
I have something lined up, I had a feeling the day they would lay people off would be coming soon, and I was right. Luckily for me I applied to another company in November and I got a job offer last week. Waiting to do a few things before it’s... — read more
CCRG
Word is it’s going to be gone from Frederick
Layoff 60 day pay
Instead of being paid like every other week, i just need a lump sum. Can i edit this papers, sign and send back? So the full cash amount is put in the next pay date. Also does this affect benefits?
60 day notice
I just need clarification on that- can we look and accept a position and start after the notice period ends or we cannot accept a position at all till after the notice period? Thanks guys! We are on to better things.
Can we apply for unemployment after the 60 days? I know theres the severance pckage but technically we are unemployed
And i can really use the extra unemployment money to cover other stuff coz thepackage will only go to mortgage and car pyment (and formula and diapwrs lol)
"Severance Package"
The way this company is going about cutting cord is ridiculous. I've examined and spoke to previous employees of companies that have done layoffs the past 10 years like Capital One, Bank of America & Chase. None of their severance packages are tying... — read more
What happens to the unused pto hours?
Does anybody know? And once we sign electronically thats it? Man i sure have a lot of questions now lol but dumbed out while the mngr was reading me the memo
Are the layoffs done for 2020?
Anyone know of when the next round begins?
201 Assistant branch managers were laid off yesterday
Best wishes to us! We were the little hamsters running around the branch to literally assist everyone. Take this month to reenergize for next year.
Question on severance package
Does anyone know if you can just get a lump sum pay out instead of waiting the x amount of time? I’m going over the stupid package and I thought I read something about that. Let me know. Thanks
HELP
Was anyone laid off while on PTO? I go back this upcoming week and am wondering if I’ll just be walking in only to get the news I have been let go. :(
Severance Package
Received the email for my package today. Does anyone know what we're supposed to put in for out time tracker (for those that were staying home high risk quarantine)
Displacement severance.
I was ‘displaced’ yesterday with the only explanation that it was a business decision, it was assured to me that there was no way it was based off the activities cause I performed above the ones who stayed. There is no way it was based off senority... — read more
The package
Im trying to understand how im gonna get paid. Is the 60 day notice period paid? Im confused about the notice period and salary continuation leave. My head is not functioning right now since yesterday and my mngr didnt explain everything very well... — read more
Why haven’t the December 3rd Layoffs hit the news yet?
I’m completely shocked as to why this hasn’t hit the news yet? During a pandemic, right before the holidays here goes Wells Fargo laying off its front line workers that reported to work during this whole time? These were the workers exposing... — read more
ACS Coaches (retail banking)
I think it stands for affluent customer segment. What do these people do for the bank? I've met several but still don't understand why the position exists... Not trying to sound insensitive or anything. I really want to know if they are adding... — read more
Ratings and layoffs
Are the folks that are getting laid off rated 2's or lower (even if not warranted), during this past mid-year review? Or is it across the board, when it comes to ratings?
Layoffs and Severance - how much time do you have to accept the terms of the severance?
Do you have the full 60 days to decide? What if you file a case within the 60 days? what if you go out on leave, before you sign? What is a list of agencies you can file against? (state and federal) I work for another company... — read more
Wells Fargo Remains the Worst of the U.S. Big Bank Stocks
Wells Fargo Remains the Worst of the U.S. Big Bank Stocks WFC stock has underperformed on the way down — and will do so if the sector heads back up By Matt McCall and the InvestorPlace Research Staff, Editor, MoneyWire Dec 2, 2020, 1:59 pm... — read more
December 2020 layoffs
Wells Fargo eliminated the assistant manager position and got rid of them. This happened this morning in Southern California.
Severance/ Pay Continuation
Does anyone have the information? My manager wasn't sure. And I was in hold with hr for 2 hours just for the call to get disconnected.
Move your Accounts to local community Banks
Move your Accounts to local community Banks.
WELLS OH WELLS
After mouth of working hard.working through c-19 working our A– OFF to make up for people that have been on Quarantine at 8:45 am they laid me off work with no warning. THEY MADE ME come into work and open the branch after I was done they let me go... — read more
And i just got “displaced” this morning
They wont tell me the parameters about who gets displaced but someone told me it’s seniority. I think theyre reducing pb1s and cssrs