Been at WF for about a year and I've been told I'm on the chopping block and trying to figure out how much runway I have before I'm destitute.

From the Automate your Job post * Love this! Fist bump and pump to you guys! Secretly I did the same. I didn’t tell anyone the recipe or the details. It was for my benefit. Did I reinvent the wheel?... — read more 

I’m a new hire (for how much longer? Who knows). I went to enroll in the stock purchase plan and found out that the shares are just bought on the open market at no discount... Can’t I just do that myself? Sounds more like a benefit for Wells Fargo... — read more 

Finally going through the mid year process and got a rating of "meets" I assume that is the 3 everyone talks about. I work hard and have been with the company only 8 months...is this typical of newer employees ? Everyone is being so obscure about... — read more 

I mean, seriously.

Can’t automate anything if your budget is cut to the bone.

Based on the $10bn reduction in expense from comparing WF to JPC the bank will have to layoff about 75,000 FTE's.

“Managers will be assigning a thoughtful overall performance rating for each of their employees.” Oh, good. We were worried for nothing. 😉

Boston Consulting Group, David Galloreese, and the CEO will lead efforts to maximize efficiency and reduce staffing. Other executives and senior leaders across the lines of business will be involved as well. Wells Fargo is in talks to... — read more 

Given all the talk of diversity, will someone who is preparing the packages let us know of diversity is a factor or layoff? Or should I say lack of diversity?

In addition to the new Strategy exec announcement and CFO retiring announcement, the COO posted an update on the BNY person hired to be the head of operations, he started yesterday. This persons accountabilities and org structure are unbelievably... — read more 

Do we know how many people have been laid off since the pandemic started? It'd be nice to know where we fall among other banks in number of jobs cut. Then we'd know if the layoffs are truly connected to the pandemic or if Wells Fargo is just using it... — read more 

So many WF employees are acting like boiling frogs...the water temperature has been heating up and they are acting like it will all work out as they sit in the lovely hot tub. Let's all get out before it's too late.

Hi, any insights on this group mostly comprised of product managers/owners

Please share your thoughts

Here is what was laid out in the conference call with the CEO and CFO: Projected to cut $10 Billion starting prior to year end 2020 over multiple phases. Risk/Control only departments safe from cuts. Unknown number of job cuts at this... — read more 

Not sure what’s going on with this discussion board, but I’m not really getting anything of value from it lately. Yes- It is anonymous, so I shouldn’t have any expectations. I expect too much of people, I suppose. But it was at one time a fun... — read more 

https://www.wsoctv.com/news/local/big-changes-store-uptown-office-tower/PDKWDFVCINEWXKPD3IIOZPOZXI/ "The 42-story tower, which contains a little more than 1 million square feet of office space, will be rebranded and renovated as legacy anchor... — read more 

I applied and interviewed for a position outside of Wells. The hiring manager during the zoom said oh you are at wells. No offense last thing I want is to hire a wells fargo leader. My response well last thing I want is to be a wells fargo leader so... — read more 

I've heard they will look for idle times. Are they looking at log on log off times? Are they taking screen shots like people suggested? what is the truth?

Seems like the prior posters are getting what they want. CFO is announcing retirement with BNY CFO joining ranks in the fall. More Chase backgrounds, more of Charlie's angels joining to reform the bank. Let the show begin....

Another BNYMellon alum coming in.

It’s sad to watch a company die, to see all the wasted potential, to see everything the employees are being put through on a daily basis, to see the greed of those on top consume everything that was once good here... We were once at the top of the... — read more 

Well, turns out it's all true. FIVE of some of the best partners I've ever worked with at WF were given rankings of 2 today. They are experts at what they do, efficient, engaged, helpful, proactive process improvers, etc. All have had great... — read more 

Would you be able to elaborate a little more? Someone posted they are making layoff packages that will go out from July to October. Here are some questions I hope you may be able to answer about this round: Does it look to include mostly managers or... — read more 

looking for some names to get guidance. Local ones tend not wanting to take on wells or lack of experience. Said to search for one that has had luck taking on wells fargo

Not seeing any so far. Any updates?

and i counted 10 branch closures anyone here see contractors axed?

How can so many of you claim that unethical acts are still occurring After everything that has happened. I get the sense that the term is being thrown around whenever something that impacts you happens. Can you provide examples of these unethical... — read more 

The consensus seems to be that mid years will include rankings. Do we anticipate this information being shared with the employee or will this be for management use only?

How many of you are actively hoping to see this company fail? Even if it means losing a job during a pandemic and a major economic downturn? Let me start: I do! This place is so toxic, unethical, and rotten to the core that it really shouldn't... — read more 

That’s bizarre. It was benign. I was following it as I’m in public affairs. Who/how can you have it removed?

I don't know about the rest of you, even if I survive the cuts (which I doubt I will; 61 y/o, manager with 7 directs, 19 years in, decent salary) I'm not sure if I will stay much longer afterwards. The work is not going to get reduced 10-20%. I'm... — read more 

Which song would it be?

Don't ya' just love videos from execs on their way out? Moldafsky looked tan, refreshingly zen/relaxed, with new hair cut and color (with matching eye brows). She even mentioned she applied for the CMO job, while keeping her options open. (Uh... — read more 

Line of Business Department Approx how many affected

Has anyone heard if people will be told they need to work from a hub location? If told they need to move and if they don't want to that will be considered a voluntary termination; no displacement package. Sounds like this already happened in... — read more 

I’ve heard some groups are taking steps to flatten the structure. If a manager has less 7 direct reports, the manager won’t be a “manager”. Have you heard about that? Is that happening in your group? Please share... thanks!

So f—ing anxious and scared about the layoff. Don’t wanna lose my job and then sleep on the street since there’s literally no way to get a job now. Every company has the hiring freeze in place if you ever talk to employees in other companies. So... — read more 

https://www.google.com/amp/s/www.nbcnews.com/news/amp/ncna1233635 Mike DeVito retires just before this hits the news today.