I thin we crossed the point. A recession is starting... Citigroup, Wells Fargo — Bank stocks fell sharply in Wednesday morning’s trading, with several major names falling more than the broader market. Citigroup was one of the worst performers... — read more 

Still avoiding the computer glitch questions? What computer glitches remain?

S@ck it In a $3 billion settlement with the federal government last month, the bank agreed that, from 2002 to 2016, the bank committed a wide swath of sales misconduct, most prominently creating accounts in customers’ names without their... — read more 

Check out Scharfs answers at the 2 hour 16 minute mark. The questions are from congresswoman Presley in a purple jacket. he said he has not created such policies(I take this to mean his predecessor did)

and it’s leaders failed to address a series of consumer abuses” the bank’s new CEO told lawmakers Tuesday. “Had”?

A new 5 point rating system will apply in 2020. From the material I’ve seen, 20% are expected to be rated as “unsatisfactory” (the old 1 rating) or “inconsistent performance” (the old 2 rating). All backfills are also on hold unless EVP approval is... — read more 

I put my notice in last week and cannot be happier. Wells Fargo as a whole has no direction, no growth and is a dead end job. They are closing branches left and right and paying employees less and less. They want to throw extra work at us like... — read more 

Wells Fargo’s chairwoman, Elizabeth A. Duke, has resigned, the bank announced on Monday, bowing to pressure from Washington ahead of what is likely to be another round of grilling from Congress over its history of deceptive consumer... — read more 

https://www.businessinsider.com/companies-asking-employees-to-work-from-home-due-to-coronavirus-2020 Twitter and Amazon are among 31 of the largest global companies who have restricted travel or asked their employees to work remotely as a precaution... — read more 

We have a mystery meeting next week after hours.

I have physical and severe mental stress issues, largely related to the current Wells Fargo environment. If my doctor recommends Disability, what are the challenges, such as WF trying to deny it? Will it put my job in further jeopardy with the... — read more 

The corona virus is going to hit the USA hard in the next few months. There will be many employees calling in sick from the corona virus, or due to their child's school being closed due to the corona virus outbreak. Now is the time to totally test... — read more 

Check out link below. Nice company; huh? It's high time everyone stops defending this deplorable, corrupt stain of a company. https://www.washingtonpost.com/business/2020/03/05/wells-fargo-house-report/

A Wells Fargo employee told me that there is a restructuring under way in their department and they have to reapply for their job. I have never heard of such a thing. Is this something new, so they can lay people off? Also, some people are being... — read more 

Thoughts. Break the bank into 5 segments, reduce foot print, sell off pieces

There are announcements of more branch closures ; has anyone else received any additional indication; some people have stated that they received information that their branch was closing in June

What is your opinon about what needs to be done next?

Mass layoffs will likely occur before month end wherever there is no WARN notice.

21 years with this company...Wells Fargo, Norwest (many more mergers) and then Wachovia. I have to say I am saddened by upper management completely ruining the bank. From the c-ap product enhancements they make us put out, to the layoffs. Wells Fargo... — read more 

It is clear that they do not really care about the employees at all as proven by the way they are executing the location strategy. I doubt he even acknowledges this because he would have to admit that there are benefits to remote... — read more 

I worked at wells before so I know how screwed up it is. I have a friend there who has been tortured by her boss for the last year. She had her review a week ago and her manager failed her rather than passed her. She's not a bad employee. Now she is... — read more 

Where Executives Love Location Strategy, Framing, Abusing, Retaliating, Gaming, and Obstruction.

If we are being asked to relocate and we don’t accept it, but we stay until the end to get our package, are we entitled to our 2020 bonus? We will have worked for all of 2020!

He has openly communicated that he is direct and transparent. He gets to the point with no emotion. Well if you are transparent why go through the motions or hire people without announcements. Why would those you hire not update their online... — read more 

will history and trail of chase people lead to Charlie continuing too use his same playbook vs new creative ways to build and grow a culture for success. So far yes. I understand good leaders, successful coaches having a series of plays that have... — read more 

So nice to have gotten my computer statement only to be told there’s an error....many levels of approval...that no one can get it right....snatched it back! This is a mess...great job y’all

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I'm getting on board this crazy train (link below) because I received notice to relo or severance as part of a poorly designed 'strategy' and I know LOTS of employees that do absolutely nothing all day, day after day, that kept their jobs and... — read more 

There are already 20,000 Wells Fargo jobs in India. The transformation office is working on plans to automate your job or send it overseas to India. They are focusing on all business lines and support functions and areas related to operations... — read more 

They are nuts. NCAL is known for being nuts though.

If WF controlling Layoff.com now?

February and March of each year is performance review time. As stated in previous threads management are wilfully giving employees poor reviews to put them on a Performance Improvement Plan so to fire them for cause or get them to quit without... — read more 

How long do you think it will be before they sell the Wells Fargo Asset Management business and/or the Wells Fargo mutual funds?

Does anyone know what this All OPS Call is about on March 5th with Nyron Latif ???

Saul hasn’t given the go ahead, seriously?! Additionally, our pay & bonuses were also slashed...one more reason to add to the rising concerns. Maybe he’s using it to fund his vacation to Italy 😤!

t was the company announcement many moms and dads dread. Back in November 2018, staffers at Bank of New York Mellon Corp. learned that their remote-working days would soon come to an end. According to Bloomberg, some U.K. and Belgian employees were... — read more 

Anyone hearing any news? Don't know who to believe.

Anyone know what this is about? Are the doing away with certain job title?

Has this info been shared? If yes, please let me know.

They are moving forward with phase 2. If you remember in December Saul said his biggest regret in 2019 was announcing the relocation strategy without having enough data. He isn’t going to make that mistake twice, so he isn’t announcing anything. Next... — read more