Is it likely the St. Louis WFA campus will be moved to Charlotte in a consolidation effort? WFA does allot of FA training there.

Reading our board about our layoffs. What's really sad is that they don't believe that they will be facing the same problem soon. Read away. Any one who thinks their bank will not be laying off is delusional.

Accidently learned that 2 peers will be let go, and when it is going to happen. For real. Should I tell them? They are colleagues, but are not friends. At the same level as me. I don't "trust" them, but I don't "not trust" them, if that... — read more 

FYI. In NY, the employer must give 90 days notice to the employee. “If a layoff or plant closing is covered by WARN, employees who will lose their jobs are entitled to notice 60 days in advance. Under New York’s mini-WARN, employees are... — read more 

An Ideal Employee who has the wisdom of a 50 year old, the experience of a 40 year old, the drive of a 30 year old, and the pay scale of a 20 year old.

When C level executives agree to take ALL of their pay in the form of stock options, not RSU’s or Performance Units, they we can say they are actually acting in the shareholders best interest. The fact that they are not shows where their interest... — read more 

I know there are many branch managers with fewer than 7 direct reports. Will these branches close? How about the service managers roles, will they be impacted? Are their roles going to be eliminated just as they were at U.S Bank? I understand the... — read more 

Somebody break this place up. We don’t deserve to be in business, especially the business of keeping people’s money safe and handling financial transactions. Wells Fargo should be covered on the show American Greed. We are the poster child for... — read more 

Typically its your manager and their manager who let you know. There are cases where the manager either doesn't want to do it, or their manager leaves them out. If your manager doesn't want to do it, their manager will do it. Ideal would be... — read more 

Said it was sent to about 30k of us- anyone else take it? I gave very candid feedback as they requested.. and threw in some of the buzz words of examples of how leadership is not living them currently..

I think the Asset Cap is a blessing and a curse at the same time. Since Wells can’t lend right now over 1.95 trillion, they will be in a better shape then the other big banks in the long run. There will be a lot of Loan defaults because of the... — read more 

I've heard every two weeks until October. However, I have also heard only once a month, with the next date being Sept 22. Has anything heard anything?

Unbelievable! These Wholesale Risk and FC people are clueless! They are instructing the front office on policies and processes, but don’t even understand it themselves. Not to mention, the RAs should have attended the call. Now, CSMs are responsible... — read more 

Is this over or are there more to come this week?

What'll be the sequence of steps? A meeting invite? Call with my Dir and HR person? Script driven, no emotions, etc. What do you thing? How will layoffs be done?

I keep hearing and reading about this. Can someone explain? I also heard managers have too many direct reports under them. That it should be six to seven? My manager has about 18.

Other than the FRAs being laid off, are there any updates concerning the Investment Products Group or Compliance Group?

Anyone have any insight on to lay-off stuff for FCRM? I’ve noticed there’s been a big push for “efficiencies” lately, kinda seemingly like people’s workloads are gonna increase for some reason. Additionally, the overall managerial structure of the... — read more 

There were rumors just before COVID hot that Goldman Sachs will merge with WF. In a way that make sense since WF has such a bad image right now and being taken over by G.S will solve most of the issues. Also, WF doesn’t have the best technology and... — read more 

We’ve got a great combo of low span ratios, overlapping job functions, and new WIM CEO. There is plenty to cut here, when does it begin, has anyone heard?

I read are going to be the heaviest impacted.

Today at 5pm local time, 3 tiers of meetings were scheduled. Each level of management has a meeting scheduled with a final meeting scheduled for the entire team at the end. Is this the end?

Over the past several months, I have been anxiously awaiting what seems like will be my eventual departure from the bank. I have worked at Wells Fargo for 16 years, and it is not the company that I fell in love with in my early 20s. It is sad to see... — read more 

I am getting a severance package. Should I have an employment attorney review it before singing? I have no ax to grind with WF. I just want to make sure I don't sign away any benefits. Your input is appreciated.

And the WF HR machine is welcoming them Aboard the Stagecoach like nothing else is happening.

What keeps you here? What do you like? What things you dislike?

Several laid off, new transformational email sent out. Not high ups. Several regular people with mt reports.

Despite the many naysayers, you were right, and many of us here very much appreciate that you passed on the information that you heard. We need more like you! Wishing you the best of what's to come...

WF will pay $7.8M to settle hiring discrimination accusations https://www.charlotteobserver.com/news/business/banking/article245233685.html Prior leadership issue but another highlight of the systemic dysfunction within WF

You know the ones. I'm especially curious about the handful who constantly tried to hold leadership accountable. Comments disappeared not long after the Chase gang started moving in. Any of those brave souls still have jobs? I can't remember any of... — read more 

I am curious re: how long the zz.Names at the bottom of the WF Global Address Book remain. There are many Managed Resources and Branch employees with email addresses disabled. I'm wondering if these are from the last few days, or older.

Nope. Not Jamie Dimon! It’s Charlie Scharf. Isn’t that something!? https://www.bankingdive.com/news/highest-paid-ceo-scharf-dimon-moynihan-demchak/583391/

Can we put to rest that weeks and weeks ago several and including John Galt recently said today was dday across the board. Several of my team mates were given their 60 day notices. When it was listed as 25th all the nay sayers were wrong. Can we also... — read more 

I hate feeling like this

With utmost respect to all parties impacted , can we list the groups that were impacted today. This is not about keeping a score card but just so we know where the impact has been , and will be felt . All the best for the people who were affected... — read more