Should I report them all to HR? Will HR even bother to do something? Should I report them to Uncle Sam instead?
Steve "The Big Short" Eisman on Agentic AI, banks, and Wells Fargo
Eisman @18:53: "Wells Fargo has a history of occasionally disappointing and did so once again....Wells Fargo has not grown revenue in multiple quarters. The company seems to have trouble growing its revenue. If you are looking at investing in a large... — read more
Can you be fired with only one im?
I joined this year and got an IM mid year. I think I will probably get another im. How long would I probably last before I get fired? Would I be able to stay at least until next year?
What Happens to Headcount in 2027? Execs say AI Agents Can Do Call Center and Operations Work.
The 10/13 earnings call included a statement that employees in operations, customer service, technology and risk should examine closely. Scharf described AI agents capable of performing work in call centers and operations sites. His point was that... — read more
FSA after severance ends
My severance ends this spring and I typically do an FSA. Do they claw back the amount that won’t be taken from my checks? How long do I have to use the funds after my severance ends? I had assumed I had the calendar year to use it but retirees... — read more
Significant layoffs in November
I can’t take it no more
Equate plus restricted stock
I was laid off in October 2025. In June 2025 we were given some restricted stock when the consent order was lifted from Wells Fargo. I tried to access the account but wasn’t able to do so. I called Equate plus and they were not able to help me access... — read more
BNY loves BE
She is getting rid of their low performers by bringing them over to WFC. Every time she brings a new exec over from BNY their HR depth breathes a sigh of relief. Your problem now Wells!
Poor low pay WF employees
You’re being overworked by your employer while the leaders party every night. They’re making millions while you’re making peanuts! Welcome to WF modern slavery!
Your productivity is being tracked
Senior leadership has a metric to review every employees’ productivity across LOBs. They review the metric every quarter. RTO is not about sitting in the office, RTO is about delivering in the office.
We made it :)
Yes, you would get the 401(k) match. If you are displaced today (October 17, 2026), your 60-day paid notice period will run through December 16, 2026. Because you remain an active employee of record on the corporate payroll through the end of that... — read more
WARN Data: 91 WF cuts in West Des Moines, 2 in MT (Taking effect Sept-Nov)
Between July and September 2026, Wells Fargo filed seven separate WARN notices affecting a total of 93 employees. The impact was heavily concentrated in West Des Moines, Iowa, where 91 employees were affected across six rolling notices, while a... — read more
How are people leaving the office at 1pm?
I see it all the time people leaving with all their stuff after lunch in the office? Hard to be believe they got here at 4 am or 5 am. On my team we not only have to be here 8 hours they track our computer activity too! Seriously which teams should I... — read more
Windows refresh is a joke
Got someone’s dirty laptop with crumbs stuck to the keypad and dents all over it. Keep having to download everything over and over again which are “known system issues” And we keep getting told the technology here is “world class” what a joke…
Yead-end evaluation is a joke
I debated whether to post or not, but my boss said it was the first time sitting through a calibration meeting. All the ratings were done the week before our year-end evaluations were done. What's the point of bragging on your accomplishments if they... — read more
Tracking
As far as I’m concerned when I’m in the office and at home, they can track me all they want. I don’t care because I’m doing my job. My question is we have someone in our world who comes in the morning signs intohis computer walks around so everyone... — read more
Next big layoff is November 17
Before Thanksgiving
Applying as External Candidate
I have been with the bank for 18 years. I received my first ever below meets at midyear (new manager had it out for me) and was displaced in September. If I apply for roles as an external candidate after I am severed, can hiring managers access my... — read more
Wells Fargo hires AI exec in San Francisco to embrace tech even faster
https://www.citybiz.co/article/919766/wells-fargo-names-cayetano-gea-carrasco-head-of-ai-and-data-for-consumer-banking/
US regulator accuses nation's largest banks of debanking customers over political views
The head of the Office of the Comptroller of the Currency (OCC) declared Wednesday that his agency uncovered "irrefutable evidence that the nation's largest banks have denied, debanked and discriminated against customers and lawful businesses,"... — read more
Co-location strategy
I've heard rumors going back a few years that employees will eventually be required to work in the same location as their manager. Is this still the plan?
Wellsfargo Technology is a circus
They spend millions to present shiiitshowwws
Enhanced productivity tracking being rolled out company wide
Rumor has it this is the next big focus now that RTO hours tracking has been rolled out a year and already beat to death. So far teams are getting aggregate level reports with average hours of productivity/day for onshore and offshore with only 3 and... — read more
Call your Senator- Under the proposed 2025-26 Halting International Relocation of Employment (HIRE) Act (S. 2976) by OH-R Senator Moreno
Vote for- Under the proposed 2025-26 Halting International Relocation of Employment (HIRE) Act (S. 2976) by OH-R Senator Moreno -U.S. companies that offshore American jobs face a punitive multi-layered financial framework. The legislation uses tax... — read more
IT&V
How many leaders in IT&V have been in the same role for 5+ years? 10+ years? In most cases, you will find they exist in areas with minimal measurement. They are hidden from the spotlight. No one knows if they are performing or not performing. ... — read more
WF is going down
More bad news are coming
Bank of America fined 2 billion
Reminder: WF may be bad; Citicorp and BoA have their own big problems too. Most large banks straddle the edge between lowering headcount and getting a compliance fine. Sometimes they fall off.
As the saying goes ....
"As the saying goes, 'Whenever you see a huge amount of attrition among younger employees, whereas the old management never changes or remains the same, throughout the years, you can conclude that this is not a workplace but a political arena.' WF is... — read more
When Will Central Control Be Put Down
Why do they still have that useless guy that was kicked out of CIB in charge. SP if you are listening pls do it before you go.
Do you like TK and BE?
Honest answer
Layoffs after thanksgiving
Stay tuned
Skan AI
Wasn’t this the same spyware plaguing BlueCross?
All these policies have only made the employee pool worse
Most of the people I see left are either old timers waiting it out for retirement who remember when WF used to be a decent place to live and hate it here or people who would desperately like to leave but can’t find a job and hate it here. Based on... — read more
Massive layoffs today?
Has it started? No meeting or call for me. Praying for the golden ticket!
I messed up big time
I tried playing hardball with my manager last month and it didn't go the way I'd hoped. I walked in ready to threaten leaving if they wouldn't bump my pay, but I didn't actually have another offer lined up. My manager basically called my bluff on the... — read more
Is the lack of transparency over productivity tracking even legal?
I was under the impression that in certain states an employer must disclose what is being tracked. For my team there has been zero transparency on what counts toward productive time and our leader flat out said that he didn’t want people to game... — read more
If headcount us down 8% Year over year
Why are noninterest expenses only down 1%? The answer: the great su-king sound that is Wealth and Investment management. Higher "revenue related" compensation (i.e. sales bonuses). The efficiency ratio of every other business is good; the efficiency... — read more
Earnings
I’m interested in someone that understands the fundamentals of our business, not Charlie su-ks. Why does the bank keep missing targets? How does non interest income fall $1b year over year? It seems we are incurring higher expenses for CIB but... — read more
Des Moines lol
Lol what a joke. Charlotte is far superior.