For anyone who has posted before regarding 11/17 please share what you know for the benefit of the group

It was pretty obvious and old meeting invites from months ago now showing decline reasons etc. ER is investigating times etc. honestly no wonder why no one hires the dead weight incompetent people who just keep getting shifted around. Tick tick loser — read more 

If a long time employee were to resign in early to mid December of 2020, would they receive a prorated 2020 bonus (assuming bonus pool is funded), or does the resignation forego any bonus payments? Wasn't able to pinpoint info in the employee... — read more 

For the most part, I get everyone’s opinions and analysis. Employees are just trying to survive a difficult time at work. Hunger Games, courtesy of Wells Fargo senior management past and present. I have been through it three times: First... — read more 

Lots of posts this weekend attacking people on here that see WF's future for what it is. Lots of follow up posts within 5 minutes agreeing with the original post. Not only that, digging up old posts to put the company line "WF is just fine." If it... — read more 

Wells Fargo Management is NOT displacing employees with severance packages to reach 5-10% attrition. The company found a legal loop hole that sends employees out the door with zero. Management places an employee on probation with a plan for... — read more 

Public perception seems to be that software engineers get paid some 6 figure salary,even 100k. Where as in reality it is even far higher than that. A lot of people are surprised when i said that junior entry level engineers get paid 200k and... — read more 

For all the trolls and angry employees who love to keep shouting “the sky is falling” Looking at the numbers below, and considering Charlie is taking drastic measures or significantly reduce our ridiculously high expense number below, Wells is not... — read more 

What will you do while still employed here if they announced that they will sell Wells off? How comforting that will be to not have a job and especially to the older workers who aren't old enough to retire to be turned down at other firms because... — read more 

I worked at wells, MD level in securities business, I was fired for reporting management that was violating securities regulations. They took my restricted stock, defamed my U4, and management used every Wells lever they could to end my career. ... — read more 

There you go, it did happen... John Stumpf, former chairman and chief executive officer of Wells Fargo, is banned for life from the banking industry over the bank's 2016 fake accounts... — read more 

https://www.sec.gov/news/press-release/2020-281 Big deal... with the parachute he got when he left, this fine is nothing.

Wells Fargo is on it’s way out. It is over, just a matter of when. We don’t deserve to succeed. We have nothing unique or noteworthy to offer clients above and beyond any other financial institution. We are not trustworthy. Our technology is beyond... — read more 

https://www.businessnewsdaily.com/15913-lay-off-new-hires.html Best Layoff Practices: Can You Lay Off and Hire at the Same Time? There are times when you need to conduct layoffs and make new hires at the same time... — read more 

Interesting how the spans and layers were selected but they won’t work. People are being herded into larger groups and the managers are to manage. The problem is they won’t change how they managed their smaller team so those going into a larger... — read more 

Seem to be a very tightly guarded secret

Hmm, nothing like stacks of junk on the shelves to inspire the troops

When Charlie announced it, it was supposed to be 300. If I'm not mistaken, we're about half way there. Does that mean they'll cram all the remaining closures in the next seven-eight weeks? Or was there a change of plans and they're keeping some of... — read more 

Might be more Wells in general, but seems like there are few internal roles open within Finance and Risk, especially Finance. But those areas have seen an influx of external hirers.

Layoffs Are at Lows and Hiring Is Robust. But That Doesn’t Mean the Job Market Is Fixed. The feared second wave of pandemic layoffs hasn't materialized, and businesses are continuing to add workers at a rapid clip. That's encouraging, especially... — read more 

The agile team formation where the goal was to have cross functional teams, so the upper management wanted to hire only software engineers, but some foolish managers ( such managers deserve to be laid off) converted existing contractor testers with... — read more 

Will most if the layoffs be absorbed the bank side? Will WFA be heavily affected?

cuts in Front office international...? anyone know anything

Does anyone know what happens to unvested deferred comp. if caught in the RIF? Do we get to keep it or do we lose it? Thanks!

Any idea how much the life insurance refund will be?

11/17 layoffs will be material (over 10,000 bank wide) from my understanding talking to someone with contacts at the top of the bank. Given the smaller bonus pool, they are trying every trick in the book to reduce headcount to keep comp attractive... — read more 

Just noticed today that the In The Press section of Teamwork’s is no longer there. I would assume that that means the people that administer that are no longer there. Was curious if anyone noticed when that went away? Thanks

How far in advance do managers and director-levels usually know of layoffs? Do they get a month notice or is it more like 24 hours, 15 minutes, etc.? I'm sure it varies but what's it been lately?

As we’re now only a week out from try next suggested “impactful” lay-off, I’m curious if any more details have come available. Everything is hush-hush in my division, with the last round of layoffs being minimally discussed. I know there’s usually... — read more 

This probably has been covered before, but anyone out there taken a stress leave before? I am assuming this is zero pay, or do you qualify for something if you go to doctor? Do you need to go in to see a doctor or can you just call the leave... — read more 

Is anyone hearing #s or funding % yet?

Will people have to go back to work soon? Seems vaccine won’t be out until next year

Software Engineers are some of the most prideful and arrogent people on the planet and so therefore they always believe that they need more and always want to go to that next higher level. Companies try to give inflated titles as a means of a... — read more 

I feel like the chat rooms here what people post useless posts, like I am going to lunch, I have to use restroom, going to dinner, picking up kids, and so many more. Perhaps they believe this is collaboration but none of those posts did i find... — read more