Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

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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| 3310 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

9/22 updates

If today is the day...post anything you are hearing - what areas etc - in regards to layoffs to happen today.

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| 13350 views | | 45 replies (last September 23, 2020)
Post ID: @OP+1746j3h7

Future of TSG?

About a year or so ago, they trimmed off a bunch of senior managers and old school peons. Since then they have been silent, but many managers have smaller than seven span. They have also consolidated us from our own executive to fall under a large... — read more 

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| 1680 views | | 6 replies (last September 23, 2020)
Post ID: @OP+174pfnFa

Dismantling of CORE BBG

with southern CA BBG for 15 years. Per head of finance, we were the most profitable division in the entire footprint. It wasn’t until we merged with wholesale (middle market), which is when things started to change. All the lies and... — read more 

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| 4350 views | | 9 replies (last September 23, 2020)
Post ID: @OP+174MuVww

Staying upbeat during these down times.

What are some of the fun activities some of you teammates and former teammates are engaged in to keep your spirits up. I for one love taking walks, working on home improvement tasks and watching movies. Right now my favorite one, especially with... — read more 

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| 1090 views | | 3 replies (last September 22, 2020)
Post ID: @OP+174gAOIY

Funeral Flowers

We had a situation today where we were told not to spend money on funeral flowers. This stuff is serious.

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| 2430 views | | 12 replies (last September 22, 2020)
Post ID: @OP+174Mgr2a

Merger

Would a merger with another (more stable) bank help us?

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| 1460 views | | 10 replies (last September 23, 2020)
Post ID: @OP+1748ksuB

Why very few from BNYM coming here?

Typically when taking over a company a CEO will surround themselves with people they trust. This is especially true when taking an external job (and dealing with a messy situation like ours). Much has been made about Charlie bringing in JPM... — read more 

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| 2200 views | | 8 replies (last September 22, 2020)
Post ID: @OP+173gg7yk

Any news on Legal Department layoffs?

According to the regulators we are under staffed. I would hope the internal employees would be moved around instead of canned. Any news on who and when in legal? We get zero information. We had a town hall and our GC didn’t say much. She... — read more 

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| 383 views | | no replies yet
Post ID: @OP+173qdhJE

I am sick to my stomach about going back to work

I just threw up, knowing that this week I expect to get laid off, because I am a manager with less than 7 direct reports and the job market S**** right now. I am nearing 50 - Will I ever work again? Will I have such a big employment gap that no... — read more 

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| 6010 views | | 28 replies (last September 23, 2020)
Post ID: @OP+172g6fn3

He will fix the place

He won’t be popular. Long time employees will resist the necessary change but he will clean up the place. And boy does it need it!!!!! C’mon folks - u know the place needs to turned over top to bottom. It takes someone like Charlie to do so. You may... — read more 

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| 2300 views | | 11 replies (last September 21, 2020)
Post ID: @OP+172coB67

Severance Package

For those that have been laid off what does the severance package look like from Wells?

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| 3590 views | | 10 replies (last September 21, 2020)
Post ID: @OP+171w874B

No more phones... period

Have been notified that when my cellphone life cycle ends they won't replace. I am 100% telecommute. Given the option to use my phone but not willing to risk potential legal hold , not to mention unwilling to pay for their phone. Are they just... — read more 

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| 7380 views | | 88 replies (last September 23, 2020)
Post ID: @OP+171002AE

What’s with Nate Herman?

How did someone so terrible at communication get into that role? He’s just adding process and layers only to get it cut again.

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| 5530 views | | 5 replies (last September 21, 2020)
Post ID: @OP+171C0Uga

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