Hey Guys and Gals - take some time to relax and enjoy the 3-day weekend. Don’t worry about this place for a change. It’ll still be there Tuesday when you come back. Wishing you good health!
senior level jobs, not posted?
anyone know what search firm is used when filling senior level exec roles? There's been a lot lately that were never posted internally: Chief Control Exec, Head of strategy, chief operational risk officer, chief compliance officer, senior roles... — read more
Some comic (pain) relief for your consideration
The Office, Seaon 3 Episode 7, Branch Closing The humor, jockeying for position, uncertsinty, and emotions are all packed in a quick episode. Laughter can be good medicine.
GS knows how to do fraud and settle it
https://www.cnbc.com/2020/07/24/goldman-sachs-and-malaysia-reach-a-settlement-agreement-over-1mdb-scandal-sources-say.html
Saul- Accounting Background?
Assumed one would have strong core architecture skills at the minimum to become head of technology, but looking at Saul background he has for long been an accountant and project management. Probably never coded in his life. It beats me how he got... — read more
FCRM Spans and Layers a week ago
So obviously spans and layers started silently a week ago in FCRM, people shuffled around to fill span gaps for managers they want to keep. FTEs moved and cross trained with other teams and some were loaned to other teams for an undefined period of... — read more
Change to the "Employee" TEAM MEMBER HANDBOOK
Did anyone else notice: WF replaced the coinage of "Team Member" and now they are only "EMPLOYEE" in the handbook. Apparently alot easier to Layoff "Employees" vs. a fellow Team Member. Further devaluation of staff.
A new workplace environment
What do you guys think about the new video from Scott Powell? Does this mean we are almost ready to go back to work?
Massive Spans and Layers Cuts in Controls, Risk & Compliance on 9/16/20
Originally, the cuts were planned for 8/25, but they got postponed because Saul couldn’t figure out how to get laptops returned in California due to the covid lockdown. Now the bomb will drop on 9/16. S
WF Merchant Services
With only a year in, Head of Merchant Services resigns; effective 9/11.
I hope HR is ready to defend
I hope HR is ready to defend an EEOC investigation that is going to kick off - people who filed EEOC retaliation complaints are not being moved into control opportunities when they can prove they are more than highly qualified, but are being... — read more
Everyone is carrying on as if nothing is about to happen
It's not brought up in meetings. It's all talk of "when we return to the office ". It's as if no one wants to talk about the elephant or the X's on our backs. I have in my mind that some of us will probably not be coming back. Why can't we... — read more
Am I the only one seeing an abundance of political ads on this site?
And they're all leaning in one direction.
New amount of layoffs 50K to 66K
https://www.pionline.com/money-management/wells-fargo-targeting-25-workforce-mass-layoffs
Will Wells Fargo Merge with Another Bank
They did with Northwest more then 20 years ago. I think it’s time they do it again, this will be a true transformation and rebranding.
Compliance Management completely incompetent and should be replaced
The Deputy Compliance Officer and compliance management below that level is completely useless and incompetent. These people should be fired as they were all contributors over the years to existing problems, and they completely lack the leadership... — read more
Nobody here has REAL answers
I came across this site when I typed “ Wells Fargo layoffs”. I’ve read some of the topics and replies and have found that most of the information is pretty vague. For example: “OCC 50+ branches closure announcement” Yeah ok, that’s info anyone can... — read more
Anyone know Quality Assurance testers being laid off
Does anyone know quality assurance testers being let go? Saw on the news the bank will layoff thousands of employees which mostly include tech and retail and was wondering if anyone knows something. Thanks
Why can't Wells Fargo have folks volunteer to go?
I interviewed at a bank before Wells and they told me they would ask for volunteers to be displaced. Said many had volunteered and how it worked out for many who wanted to stay.
Shrewsberry on WF Veterans. How Clueless is he?
https://www.linkedin.com/posts/johnshrewsberry_new-best-for-vets-employers-rankings-for-activity-6706557252540731392-psB4/ This guy is clueless and has no idea how things work in reality and how poorly some people are treated because of their... — read more
Describe Wells Fargo In 3 Words
I shamelessly stole this post from Exxon's board
Assets Cap Requirements?
Anyone know what we are lacking in regards to getting the Assets Cap lifted? Where is the checklist and what at this point has not been checked off yet? Any insight would be appreciated. I firmly believe once the Cap is lifted and we can start... — read more
Heard San Fran is no longer going to headquarters.
The Bay Area peeps can move where they can afford to live.
Where's Charlie?
Looks like he has been offline for 19 days and not a peep from him in three weeks.
FedEx Package Tomorrow
Received an alert I'm receiving a package from Wells Fargo being delivered tomorrow. My guess is the new "Employee Handbook"
All WF museums closing, except SF
All museums will be permanently closed with the exception of the SF site
We've been infiltrated...
What is with the sudden flurry of posts and comments from people who claim to "love their job" or "love Wells Fargo"? I have been here awhile now, and aside from the occasional outlier, there hasn't been too many of these comments. Now, all of... — read more
EF T&V - Notices?
Have notices gone out to this group? People are leaving and Managers are MIA. Any intel? As usual no information has been given to the rank and file.
Lots of WF Postings on LinkedIn
There seems to be no shortage of “proud to be joining the stagecoach” postings on LinkedIn from foreign and domestic new hires. Does WF not even attempt to relocate displaced workers into new roles instead of hiring from the outside in the middle of... — read more
Let's all just level set
HR is not your friend, they are here to protect the company and shareholders from you. Severance means you get X if you go away quietly. There's a goodwill component but it's mostly about protecting the company and shareholders. Wells... — read more
I like working for Wells
Maybe it’s because both the managers I’ve had at WF were respectful, conscientious leaders who were as transparent as possible. Maybe it’s because I worked hard for promotions and raises and it paid off. Maybe it’s because I’ve worked for other large... — read more
Hey WF We Don't Care Fund
For those of you that want to show a message and I thought of it. Stop supporting the Community Support Campaign. I do not mean stop supporting charities. No support them without going through WF. I just got the email about the "new" changes to... — read more
Month of Giving/Action
How can Wells Fargo expect employees to donate money to the Community Support Campaign when we don’t know if we’ll be laid off? I was a large contributor last year. I will not be this year due to the lack of transparency in knowing if I’ll be... — read more
New Health Insurance Plan and Life Insurance after layoff?
What are the best options for new Health Insurance coverage and Life Insurance coverage after being laid off from Wells Fargo? Assuming you do not have a new company, with benefits, to work for yet? If you are being laid off use your current PTO... — read more
List of Wells Fargo branches closing
Here is the list of Wells Fargo branches closing, source below. AL - Birmingham - Jefferson - Center Point Branch - 2424 Center Point Parkway AZ - Flagstaff - Coconino - Flagstaff Mall - 4650 N. Hwy 89 D-3 AZ - Phoenix - Maricopa - 7Th... — read more
September 1 tomorrow
Let’s see how much carnage happens by months end. I feels like I’m heading to battle rather than going to work. WTF happened here? I can’t help but laugh at my reality
Scheduled virtual walk out/protest of Chainsaw
Friday at 9am PT, Join us to ctrl alt del your dysfunctional corporate computer and walk out to enjoy your day away from chainsaw and the never ending c-ap they’re pushing down our throats. It’s a virtual middle finger to chainsaw and his chase... — read more