Hi has anyone heard if any of the control group managers (Contact Center , Marketing , Operations ) have flattened their managers yet or lost any and if that involves salary reduction?

Manager has his “chief of staff” check in with his exec assistant. Assistant is informed that the mgr no longer wishes to work with her, bcuz assistant can’t read his mind. Assistant asks if she should expect to be displaced and is told that she is... — read more 

There you go... Wells Fargo Lifts Hiring Bonuses for Advisors Hitting Asset-Transfer Targets Wells Fargo Advisors has enhanced its already elevated recruiting offer by adding asset-transfer and growth targets that can... — read more 

Any updates on ICS layoffs for November? Or is 11/17 the day?

https://www.reddit.com/r/misc/comments/2ihhda/some_wells_fargo_employee_just_emailed_the_entire/

They don’t have a plan. If there is a plan, they don’t bother to share the plan with the rest of the household. They make excuses for wild over-spending. They are too interested in “Keeping up with the JP Morgans, oops, the ... — read more 

There you go, source below... About 400 different position with Low/High dollar amounts:

Hello All - What are Wells Fargo levels or bands? Please see if you can list and explain what levels you have. In full discolsure, I work for a competitor (BofA) and we have different bands. Here is bands information what we have listed on... — read more 

I can understand SOME hiring going on despite there being layoffs pending, but it seems like there is A LOT of hiring going on, especially within CIB and risk and control? Not fully understanding that.

Hypothetically speaking—what would happen if one received and accepted an external offer with another firm without quitting WF for a month or so? Is there anything “illegal” about that, assuming that you can keep up with both for a bit? I want to... — read more 

wow, just qot the quickest decline in my life! I have more than 15 years of experience, met each job requirement and somehow I was sent a decline for a application not even 24 hours later. Apparently our HR recruiters are working over-time to just... — read more 

I have a really good job offer and I could be out of here in three weeks. And despite everything, I'm hesitating. It happened to me before that I've been told one thing about a job in an interview and then when I started working it was something... — read more 

I’m piggybacking on to a comment from a thread earlier today. It raises some points that explain part of my negative gut reaction to Charlie. And the majority of Wells Fargo’s employees should be paying very close attention to this behavior. Some... — read more 

Has anyone heard when they are doing to start laying off some bankers at branches?

Several people I have talked to seem to be clueless to the fact there are spans and layers or talk of 25% being laid off. What is going on there? I don’t understand how no one I’ve talked to has any idea. Even the local news has touched on some... — read more 

No matter what your position and/or company it's important that you keep educating yourself and developing skills that make you valuable. Many companies are downsizing, just look at all companies that have active boards here - the question will... — read more 

I haven't kept track of all the new hires of CS. I know I am about three months behind. Who the h are these people? They look like more minions of CS. Both from BNY and JPM. Ugh!

During Steve Stone’s all hands call today he said if you are a hard worker, busy, and performing well, (top performer) you don’t have to worry about being laid off. C’mon man!

Just wondering if anyone knows if there is a cutoff date for bonus eligibility, assuming any bonuses will get paid.

Charlie hires another male executive, to increase inclusion and diversity. I guess there is also “a limited pool of female talent.”

Back in September of 2016, when the sales practice scandal was exposed in all its shameful dirt and details, they let Stumpf go and made the egregious mistake of naming a long-time insider and confidante of Stumpf, Tim Sloan as the "new" CEO - not as... — read more 

Which LOBs will be hit on 11/17 again? Will this also be the date that spans and layers will be strictly enforced, or will that probably never actually happen?

What was the post about the November 17th (I think it said 17th) lay-off for compliance removed? OP, mind posting again?

Why are posters on here thinking that being a VP at this bank means anything? This isn’t the days of I love Lucy when her boss was the one VP at the bank. At Wells they are a dime a dozen I think everyone in SF is a VP even the admins are VP of... — read more 

As a Wells Fargo internal technical employee I encountered a software issue while working overtime one weekend, many months ago now. However I do remember that when I called the Wells Fargo Help Desk on the weekend I got someone who said that they... — read more 

As a Wells Fargo VP, and employee of around 11 years at Wells Fargo, I personally know and have worked with some of the very high level Managers that have recently been displaced. These employees, oh I guess mostly men, worked very diligently to... — read more 

All of the experienced, well trained at the expense of Wells Fargo employees, that are being laid off will soon be using that training at lot's of other companies in the USA. It is very expensive and time consuming to train employees. This will be... — read more 

Saw it in another post that reminded me about Steve Ellis. We need him back in WF to get us out of the technological rut we are in. There is no strategy or focus in tech.

Why Risk and Compliance spans and layers /layoffs have been delayed twice?

What happens to your 401K while you are on severance pay? I understand you can no longer contribute but can you change the allocation of your contributions? Is it frozen? How long can you leave it in WFC? Or can you withdraw, close and reinvest? — read more 

The group i am in is full of workplace bullying. This is not ideal situation for anyone nor does anyone deserve it. I personally had to get help from my family and friends to pull through this and i know others trying to get help. I highly... — read more 

I am finding there are a lot of environment generated problems for myself as a Top Software Engineer here. There is one guy here that all he talks about is paperwork and other things that have no real impact. He likes to schedule random meetings... — read more 

Do they pay it out or is it gone? Does it matter what state you live in?

IMO, it will get worse before it gets better. So, I personally think that the most logical time period when WF will start striving again is around 2022 year. There are many things that need to go right(replacing current CRO and H.O.T) would be a good... — read more 

Since he has an accounting degree, he should definitely be able to help WF. WT? https://www.pymnts.com/bank-regulation/2020/wells-growth-hampered-by-outdated-systems-tech-failures/

Does anyone know the true status of SORM for layoffs? It seems that nobody knows this. Please post if you know this

The number of employees that update everyday. Do they show the people who have been fired or just the people that have left? I am thinking we won’t see the results of layoffs until the severance is paid.

sounds like bad news

Sad, if the stock.plunges too low, there is an opportunity for a takeover. In my own opinion, Wells Fargo is a huge tainted name and if we follow like JP Morgan, large parts.of the bank may be sold off until its small enough to merge into another... — read more 

Assuming someone had not only a legitimate complaint but also significant documentation, did the Company do something to get them out of the situation (i.e. move them to another team, offer separation package to prevent litigation) or did they just... — read more