I had some time this weekend to analyze LinkedIn data. There are so many Compliance and Risk Managers who were laid off in New York City in the fall of 2019 and March 2020, etc. who are still unemployed. A couple of my former Prudential co-workers... — read more 

Planning to retire in the next one to three years, but could go right now. Financially able to go at any time but with COVID going on, life won't change much. Sitting at home watching TV vs sitting at home watching a monitor and getting paid for... — read more 

Assistant manager and CCSR will be cut starting December 3rd

All assistant branch managers and CCSR will be cut starting December 3rd no one knows

These people are overpaid dead weight. Name one thing they do that isn't just them passing along someone else's work or message to someone else. If WF wants to cut expenses, another great place to start are these glorified secretaries. If... — read more 

**** Stumbled upon this older article about how good communication is/was at Wells Fargo: Pre-2016. Kind of fun to read about Stumpf “appreciating authentic dialogue”, and his fireside chats 🙄. Also interesting to see who is no longer here. ... — read more 

Does any one know of any layoffs going on?

Like every other friday off, compressed schedules, etc. Asking for a friend.

I guess we laid off 5000 or so - go us - but we really need to be under 200,000 for our revenue size

My manager was hosted by a vendor to an all expenses paid trip to the Master golf tournament a few years ago including a round of golf at Eastlake and transportation on the vendors private jet. I am now being laid off by this manager. Should I... — read more 

https://www-adweek-com.cdn.ampproject.org/c/s/www.adweek.com/tv-video/former-wells-fargo-cmo-joins-nielsen-as-chief-marketing-and-communications-officer/amp/

2021 will really shine when it comes to layoffs. We are nowhere near to reaching the desired number of employees and the chances are they'll pick things up next year to get there sooner. After all, fewer employees means fewer costs means more bonus... — read more 

What happens if you are on PTO and are on the layoff list? Do they just call you or wait until you are back to work? Since they are now indicating that the day of notification is your last day, Are people canceling any approved PTO... — read more 

~20 yrs at WF Rant incoming as I'm frustrated being constantly told that we need to cut people because we're bloated and have more people to do the same job, no sh–, it's because all across the company we have manual workarounds on top of manual... — read more 

I was reading Zappos would pay employees 1 month of pay if they wanted to ever leave. Maybe Wells Fargo should offer something like this to employees. The idea is that you would pay those employees who bring negative vibes to the firm to leave and... — read more 

Is mr coach duffle bag carrying CISO doing a good job running info sec?

The hate comes from others because of our greatness, all the other banks wish they were positioned as well. This is the greatest bank in America. We're the furthest along in meeting regulator demands. We're #1 or #2 in the best sectors. We have... — read more 

Have heard from several managers that Dec 1 is another cut date. Anyone know which groups are being targeted this round?

It has been communicated that the bonuses, during the upper management calibrations, will be subject to 'major' reductions. So if you're expecting 80-85 % (depending on full target amounts), just don't. Just part of the "let's make it as... — read more 

Most people that post here hate WF and/or their role. If they doubled your pay would you stick around and be content or would you still hate it and try to find something else? I'm wondering how many highly compensated ee's we have that are... — read more 

Yes!!! Finally....an awesome CEO who knows what we need! Dang, bring it on, time to be told when to work, what to work on, how to do it, where to do it, and why I should for less! Wowsa, the testosterone is bowling me over, yikes I can't even type... — read more 

I'm lucky they default back into the plan from last year, but I simultaneously feel like a space cadet and am annoyed there wasn't more communication on it. C'est la vie

This thread needs to stay alive. https://www.thelayoff.com/t/186N4k1m We get too many troll threads and off the wall questions that server no purpose. The Wells stress thread is not one of those. I can't stand logging in, I am waking up... — read more 

So was I the only one who thought this was awful last minute at 3pm eastern time on the day before? It seemed like our dear leader thought of it at the last minute. It’s nice to know we are upper most in his thoughts.

Microsoft rolled out its new “Productivity Score” feature this month, which lets bosses track how their employees use Microsoft's suite of tools. If that sounds... — read more 

If your role permanently allows you to work from home, can you share what you do, salary range, what skills/ experience is required and if you foresee any changes to that in the future? WFH these last few months for calling center and avoiding a 1.5... — read more 

So I'm working on getting permanent disability status through SS. If I go on disability with WF, can they terminate me after my FMLA expires, or do they have to carry me for as long as my short term and long term disability last?

I normally work in a call center but take calls from home now. Do they intend to have everyone back in the office after COVID? Also, I was just put in a training group for “new hires” which makes me think they are less likely to lay off in our... — read more 

Am I the only one that thinks these are bad to make us watch and to long and he seems foolish? They remind me of old Jim Jones cult movies. All I want for Christmas is no more of his poor acting videos and for someone to steal and hide his dumb... — read more 

Interested to hear from folks in tech what they think about the job Saul is doing? I have heard 2 consistent points of view. The first one is “no he is awful, completely out of his depth and just more of the same”. The other is “yes, he is... — read more 

Am I the only one dealing with stress and anxiety due to the current state of Wells Fargo’s work environment? Do you lay awake at night worrying about being laid off and how long it is going to take to find another job? Do you wonder how you will pay... — read more 

Wachovia is on a tear again, growing its deposits. By Jeff Harrington Altogether, Wachovia says it has 9-million residential customers and 900,000 business customers. In our third quarter, year over year, we've had (deposit) growth of about... — read more 

What are your thoughts?

Raymond James is the latest firm to endorse Wells Fargo (ticker: WFC), raising its rating on the stock to Outperform from Underperform. It sees shares going to... — read more 

If your displaced, put on salary continuation, are you still able to contribute to 401 through the salary continuation period ? If yes, do they continue to match ? Same for medical, does that continue ? Or are you forced to do cobra ?

Death by a thousand cuts. There is nothing transparent, honest and respectful about what WF is doing. Please don't reply telling those of us who feel this way that we should quit during this pandemic in markets with little to no job options... — read more 

Deutsche Bank Says Wells Fargo Stock Is a Buy and Citigroup Isn’t. WFC 27.99 USD +1.68 (6.39%) already as of 9:30am 11/24/2020. Are back in business already?

Wondering if anyone else is experiencing this - I was part of a restructure that took effect over a month ago. New team. New manager. I have been contacted by my new manager only twice since this occurred (one being an introductory call) and there is... — read more 

I don't understand why people can't enjoy at least the few days or weeks of safety we get every once in a while. The earliest we can expect more layoffs is December. That's been confirmed several times by now. And yet you still have people in the... — read more 

Any news on who is buying WFAM? And once it goes through will there be layoffs to the Wells Fargo employees who are now in asset management?