Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Pulse Survey Invitation

Did anyone get an e-mail from HR with the title “September pulse survey invitation”? I did. It’s a survey asking you to rate certain things about WF. One of the questions directly asks if you are planning on leaving the company. At the end, you... — read more 

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| 4130 views | | 28 replies (last September 28, 2020)
Post ID: @OP+175lfzyr

Leadership team as per Wells Fargo website:

17 listed; 1 black male, 5 white female, 11 white males: Muneera S. Carr , EVP, Chief Accounting Officer, and Controller William M. Daley , Vice Chairman of Public Affairs Derek A. Flowers , Senior EVP, Head of Strategic Execution and... — read more 

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| 2460 views | | 9 replies (last September 25, 2020)
Post ID: @OP+175jIpnN

Elizabeth Laudun "retirement"

Elizabeth Laudun, the architect and primary implementation guru for grandpa Mike L. TOS plan is "retiring." Another Chase vet to replace her.

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| 4130 views | | 9 replies (last September 25, 2020)
Post ID: @OP+175Xb2iQ

Workload Automation

What's the next area to automate? Maybe they will hit that area hard.

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| 880 views | | 3 replies (last September 25, 2020)
Post ID: @OP+175dUNu2

Business Initiatives Cnsltnt

What is the purpose of these guys? Is it to just maintain PowerPoints and host meetings (where they actually don't understand the subject matter much at all, just track/ask for updates).

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| 3500 views | | 29 replies (last September 24, 2020)
Post ID: @OP+1750WEFn

Falling Behind

Over the last decade every single other bank was quietly shedding headcount, becoming more efficient and most importantly investing in technology. Wells, operating in some weird alternative universe like it knew better, increased headcount in the... — read more 

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| 1170 views | | 5 replies (last September 23, 2020)
Post ID: @OP+175Lnw0e

Just Ask Saul

Another hour of being talked down to with lame excuses to made up and screened questions, separated only by his telling us he's about to have a drink of coffee... yawn!!!!!!! Let's not forget the B S he spews about no forced ranking.

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| 2290 views | | 17 replies (last September 23, 2020)
Post ID: @OP+175Oaqz9

“Very limited pool of black talent to recruit”

Source: NBC News: Wells Fargo & Co Chief Executive Charles Scharf exasperated some Black employees in a Zoom meeting this summer when he reiterated that the bank had trouble reaching diversity goals because there was not enough qualified minority... — read more 

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| 1800 views | | 16 replies (last September 24, 2020)
Post ID: @OP+175e3INh

SVB AMA September 23

Saul's got an AMA going on this morning and right before it started he was playing Kratwerk's "We are the Robots". Considering we're having rounds of job cuts where many are being replaced with automation that seems awfully tone-deaf and insulting to... — read more 

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| 2410 views | | 24 replies (last September 24, 2020)
Post ID: @OP+1754MVFy

Worse before better

For everyone expecting more transparency, communication and honesty regarding layoffs things are probably going to get worse before they get better. Leaking that old quote was a clear attempt to stick it to charles before he could stick it to us... — read more 

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| 2670 views | | 19 replies (last September 23, 2020)
Post ID: @OP+175ZvdGF

Wellsfargo Auto

Rumor has it ,Its going to be Wellsfargo Auto technology team who is going to hit with october layoff

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| 1841 views | | 6 replies (last September 24, 2020)
Post ID: @OP+175QlX1p

The strategy?

Let’s rebuild trust with our customers by ripping apart the trust of our front line employees. Sounds like a good strategy to me!

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| 1020 views | | 3 replies (last September 23, 2020)
Post ID: @OP+175fsbws

Talking points for worthless execs

How much time do you all waste putting together talking points for executives to use in meetings so they can act like they know what’s going on but in reality don’t because they have your team wasting hours putting it all together vs them actually... — read more 

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| 1410 views | | 7 replies (last September 24, 2020)
Post ID: @OP+175OVeQP

ECMO - Mortgage - QA

Anyone hear anything about Home Mortgage ECMO, formally CCRG or ECMO mortgage QA?

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| 924 views | | no replies yet
Post ID: @OP+175wbuhr

Wealth Management

Anyone hear anything about changes in WM? Wondering when we need to be prepared

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| 2380 views | | 10 replies (last September 24, 2020)
Post ID: @OP+1746QMtq

Two Weeks Notice

For those with sensitive information, if you give two weeks notice and they take your access away that day (the day you resign). Do they pay you for two weeks not to work or is the day you resign the last day you are paid?

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| 7040 views | | 11 replies (last September 23, 2020)
Post ID: @OP+174kzttJ

Yet ANOTHER Organizational announcement

Bye-Bye Giancarlo... decided to resign (another one hops off the sinking ship). Wonder how long it'll be before Chris Bagby takes flight. Pretty soon there won't be any Wells Fargo left at Wells Fargo.

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| 2640 views | | 4 replies (last September 23, 2020)
Post ID: @OP+174EEBJ4

Student Lending

WF will exit the student lending business on January 28, 2021. Strategic alternatives are still being explored for the current portfolio. “There will be employee impact...”

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| 1710 views | | 3 replies (last September 22, 2020)
Post ID: @OP+174rKu15

Unused Vacation Days Payout

I'm leaving next week, I have 15 days of accrued vacation this year, does anyone know when when / how long it takes for that to pay out after leaving? Appreciate it

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| 2310 views | | 7 replies (last September 22, 2020)
Post ID: @OP+174TpE3t

Meeting and Events Team

Can someone tell me what in the heck the Meeting and Events Team is doing right now? No events happening - not now or anytime soon. They make big money - and have nothing to do. Gee - they can’t be flying all over for all those “site visits” as... — read more 

Lay-off Amounts

It doesn’t seem like the August or September layoffs have been as “massive” as people Had thought. Wonder if this will be the same in October. To everyone that lost their job today, stay strong, a better position is out there in the wing waiting... — read more 

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| 3290 views | | 9 replies (last September 23, 2020)
Post ID: @OP+174H7dJI

No diverse talent, says Charlie

Wow! He couldn't hide his true nature for long. Can't believe this....https://www.cnbc.com/2020/09/22/wells-fargo-ceo-ruffles-feathers-with-comments-about-diverse-talent.html

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| 1870 views | | 5 replies (last September 23, 2020)
Post ID: @OP+1740ebDr

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