Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

will prorated bonus be paid

are we collecting any prorated bonus if we get laid off, say by Oct? My bonus is a significant part of the TC.

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| 2930 views | | 11 replies (last September 29, 2020)
Post ID: @OP+17ahe7It

So where are all the massive layoffs?

For months, this board has been full of people with supposed inside knowledge of layoffs but they never happen en masse. A few here, a few there, but that's normal life at a huge company at any given time. The latest theory seems to be that execs... — read more 

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| 6850 views | | 34 replies (last September 30, 2020)
Post ID: @OP+17aNaED8

Does Wells require you to work your 2 weeks?

Expecting an offer this week. Does Wells typically give you the boot or make you work your final 2 weeks? Would rather be anywhere else but here, but who knows what the future holds?

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| 2150 views | | 11 replies (last September 28, 2020)
Post ID: @OP+17akSPAa

id--tIC waste of money...

leadership b–ches that we are 10 bill in the hole... you have 3 physical branches within 5 miles radius... so what do you do??? oh you build a new branch within that 5 mile radius.... so now you have 4 physical branches in less than a mile of... — read more 

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| 1560 views | | 11 replies (last September 29, 2020)
Post ID: @OP+179f1BcU

Deliverable due Monday

In years past, I would have logged on over the weekend to complete it. In these times, I’m saying screw it. I’ll make something up and reschedule the meeting Monday. That’s what it’s like working for the wheel less stagecoach these days

Retail Banking

My branch is permanently closing in November. We had a staff of 8. Only one of us was placed at a new location. The rest of us are floating around while also doing closing at our branch. Upper management is keeping us in the blind what the future... — read more 

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| 1120 views | | 5 replies (last September 30, 2020)
Post ID: @OP+179MyQxJ

Character and Competence

All of us should ask ourselves if we possess character and competence. Be self aware, introspective... Do leaders at Wells Fargo and other financial institutions do this? Why are these so lacking in leadership these days?

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| 904 views | | 3 replies (last September 27, 2020)
Post ID: @OP+179gbCFo

Peer to Peer reviews in ECC?

I'm In the estate care center where we deal with deceased accounts. Recently our manager had a floor meeting to tell everyone he can't promise anyone their jobs, not even his own. Shortly after, we're told as part of our early end of year review... — read more 

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| 2170 views | | 14 replies (last September 28, 2020)
Post ID: @OP+179DzNEf

Speaking up without retaliation

I have worked in financial services for many years at many places. Been here less than 2 years. This place favors yes people and retaliates against anyone who challenges the status quo or speaks up for unethical practices, etc. it seems like a... — read more 

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| 2440 views | | 18 replies (last September 29, 2020)
Post ID: @OP+178Uaasi

Is Our new CEO a double agent!

Who does CS and our DOB really working for? I am starting to think that his main mission is to destroy WF and not save it. I am not exactly sure who he and DOB is working for but it doesn’t seem like it’s in the Interest of WF. Is he taking his... — read more 

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| 1660 views | | 3 replies (last September 28, 2020)
Post ID: @OP+178eyDLh

Retail Banking

I realize a lot of people in retail (and other LOBs) are anxious about the upcoming layoffs, but what would you do differently today if you knew the actual date? It’s been made clear that staffing will be dramatically reduced, roles will be... — read more 

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| 1270 views | | 5 replies (last September 27, 2020)
Post ID: @OP+178c7Pz5

Time to take control to kick off the 4th qtr

October 1st is a day we unite and walk out of our offices in protest of the inequities that exist in our organization. Q4 is going to be brutal for layoffs. Let’s take back control. Who’s with me!

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| 2220 views | | 14 replies (last September 27, 2020)
Post ID: @OP+178NPPCs

EEOC and Retaliation

I am in Compliance, have anxiety that qualifies as a disability under ADA. I filed a EEOC complaint for discrimination and retaliation. I quit my job, because my manager was retaliating and knew of the the layoffs back in December 2019 and was... — read more 

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| 4720 views | | 38 replies (last September 29, 2020)
Post ID: @OP+178Nq7XY

Firing people over eidl loans and PPP?

Have anyone seen employees being fired for applying for eidl or ppp? Heard through the grapevine a member of the store fired because they applied for it and they didn’t have a business ? Also heard it from other managers it’s happened. Seems... — read more 

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| 2530 views | | 10 replies (last September 26, 2020)
Post ID: @OP+177jL4zh

Pregnancy’s a secret and work in risk.

I am pregnant and afraid to tell my manager that I’m pregnant. What to do? Will I be laid off? I’m due in March. Now is around when to announce. Stressing here.

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| 3120 views | | 27 replies (last September 28, 2020)
Post ID: @OP+177quwND

Dirty money- season 2- wagon wheel

has anyone watched this episode of dirty money? As a long time branch employee of wells fargo i can attest that this is what went on in the bank branches and isn't over exaggerated. I felt strangely validated after watching it. I didn't realize I... — read more 

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| 1550 views | | 4 replies (last September 26, 2020)
Post ID: @OP+177EFTGO

Lifting the Cap! Who is responsible?

Does anyone have any knowledge about which Department is Wells is responsible to negotiate with the FeDs regarding Lifting the Cap? Is it Risk under MN, DG under HR, SP under COO, BD under Public Affairs? We had this Cap for more then 2 years and... — read more 

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| 2110 views | | 23 replies (last September 26, 2020)
Post ID: @OP+177BDjtr

Retail branches?

I know that a lot of us are in the dark but I'm curious to see if anyone has heard anything about retail banking layoffs. I know that they're working on closing branches, and I'd assume that low vs. high volume branches and length of service would be... — read more 

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| 1370 views | | 8 replies (last September 26, 2020)
Post ID: @OP+177l625S

Wells Fargo Auto - the armpit of the company??

Is it true that Auto is the armpit of the company, and that no other LOB has lesser status? Asking for a friend who says that the "leaders" of Auto couldn't even manage a fast food place let alone their little dept at the bank.

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| 2300 views | | 12 replies (last September 26, 2020)
Post ID: @OP+177ZxXPO

You will be asked to acknowledge your wages

Anyone get an email stating that they will be asked to acknowledge their wages? I'm out of Minnesota and it's some kind of state required notification. "Please notify your manager right away if you notice any discrepancies. After seven calendar... — read more 

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| 1220 views | | 5 replies (last September 26, 2020)
Post ID: @OP+177oxyXD

Salaries - TCs?

Any educated guesses here on the total comp, Saul's direct reports earn? I think Saul is around $10mil?

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| 1860 views | | 16 replies (last September 27, 2020)
Post ID: @OP+177ku9e0

The irony of Layoffs at Wells Fargo

Many of the longer-term employees want a severance package and won’t get one. (I realize not all of us, am generalizing) We want out. Wells is going to play chicken trying to out-wait us, hoping we will leave on our own. For us, they would have to... — read more 

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| 4310 views | | 29 replies (last September 25, 2020)
Post ID: @OP+1770Mbvl

OH, the irony...

Hey, Scharf! Not enough minority talent? Seriously??? The truth is there's not enough ETHICAL LEADERSHIP. Where can you find an exec in financial services who isn't greedy and corrupt???

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| 1390 views | | 9 replies (last September 26, 2020)
Post ID: @OP+176Rqlqe

Merchant Services

I am a BSC in California and I heard from a pretty reliable source that 50% of us are getting laid off next week, right before Q4. This would make sense because these are typically our slowest months. Any other reps on this site hear of anything... — read more 

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| 2430 views | | 6 replies (last September 25, 2020)
Post ID: @OP+176YxLSg

Forbes: 10 Signs Your CEO is a Loser

Your CEO has little to no interaction with regular employees, spending most of his or her time with a few senior executives. You have heard your CEO’s name but don’t know anything else about him or her. Your CEO doesn’t seem to know... — read more 

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| 2260 views | | 12 replies (last September 26, 2020)
Post ID: @OP+1765xZtp

Forbes: 10 Signs Your CEO is a Leader

Ten Signs Your CEO is a Leader Your CEO is the visible face of your company. His or her views and philosophy are well-communicated to your team and your clients. Your CEO holds him- or herself to the highest standards and is a role model... — read more 

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| 640 views | | 1 reply (September 25, 2020)
Post ID: @OP+176XUiHn

The layoffs are going to go on for years

You may be safe in one round but not lucky the next. When I first interviewed here, I was told it was a stable company. It happened but not a lot. Now all of us who remain will be targeted. All of us. I was looking for stability in a... — read more 

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| 2860 views | | 8 replies (last September 26, 2020)
Post ID: @OP+176eOmZo

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