https://www.housingwire.com/articles/wells-fargo-settles-allegations-of-discriminating-against-female-african-american-job-applicants/ A federal investigation found that Wells Fargo discriminated against thousands of African American and... — read more 

Julie Scammahorn just started this year as Chief of Audit reporting to the CEO. She is not listed on the public website.

https://www.mercurynews.com/2019/10/18/wells-fargo-will-close-big-concord-customer-center-hundreds-of-jobs-lost/amp/ CONCORD — Wells Fargo has decided to close a customer service center here, a painful cutback that will eliminate hundreds of jobs... — read more 

After dedicating 20+ years of my life to this institution, I and many others were laidoff yesterday in the Wholesale Division. The foolery is when they terminate your position, but then posts similar new positions on the board in another city (say... — read more 

It never ends with this place. https://www.bloomberg.com/news/articles/2019-10-17/wells-fargo-must-offer-66-jobs-to-applicants-it-rejected-in-2014 Couple this with Wells Fargo 3Q profit falls 23%. Why stay. Why bank. GET OUT!!! — read more 

Per todays Town Hall, the location strategy was a mess, it caused some folks some pain, it's on hold, more in Q1.

Many know the layoffs started last year about this time and individual groups have been letting people go in spurts. The amount of seasoned and talented bankers in Wholesale Banking that have been let go has been astonishing. You may also know... — read more 

I have a feeling they will change the severance packages again at the start of the new year. It’s so hard to believe that the people who were laid off 3 years ago after three years with the company got more severance then I would get now after 15... — read more 

Third quarter results are in and it’s worse than expected. Expenses are through the roof. Brace yourself as layoffs are the only thing management can do to right size expenses to the revenue size and offset all the compliance staff. Charlie will be... — read more 

Here at BNY, he never accomplished much automaton, so he defaulted to heavy layoffs. The problem was, the lack of automation made the company vulnerable with so many people being laid off and no viable automation in place. At least one major outage... — read more 

Has anyone heard of any new information around the hiring freeze for area 1, the Frederick site closure or any 4th quarter layoffs in Frederick?

https://fortune.com/2019/09/27/new-wells-fargo-ceo-charles-scharf-challenges/ excerpt: hat vision must place a greater emphasis on technology, which has helped some of Wells Fargo’s competitors become “much more productive and efficient” while... — read more 

For thousands of front-line employees, Wells Fargo has not fixed its culture of fear and intimidation https://betterbanks.org/wp-content/uploads/2019/03/WheelAreStillOff_report.pdf

Wells Fargo needs to get back to their old "norm", great bank with a great reputation. That is how the bank was perceived when I first started working there, and for a few years afterwards. What happened? Hope things can change to return to the... — read more 

Seems as if displacements have slowed down or stopped. Is Wells waiting for the new CEO to wield the axe? How long before he sends an email announcing exciting changes?

Just saying. This is from an ex Mellon employee currently on a contracting gig with WFB

Merino, et al. v. Wells Fargo Bank, N.A., et al. If you are a Settlement Class Member or Settlement Collective Member and would like to submit a Claim Form online, you may do so by visiting the Claim Form page of this website. Please have your... — read more 

To be taken apart. The leadership of that group was built on identity politics rather than talent. Go into the system and tell me any one down to Avid that is capable of business transformation. The San Francisco culture is not going to mesh with the... — read more 

I worked there as a FTE and contractor doing risk and security beginning at 2005 the place was always out if control. There were harassment, stealing, and subpar work throughout the company. I was recently there a few years ago and all there risk... — read more 

Start looking for jobs. All hell is about to break out. You should read bank of New York lay-off site. Here comes the hurricane.

I confirmed with HR today that there is no hiring in Southern California (not a hub location). So if you want to move up or do something new, you will have to leave WF to do do. This company is doomed. Location is weighted over talent. I see a... — read more 

https://www.latimes.com/business/story/2019-10-01/wells-fargos-new-york-ceo-fuels-questions-over-west-coast-base?_amp=true Wells Fargo & Co.’s interim chief, Allen Parker, tried to bring a New York urgency to the California bank. The new boss... — read more 

Well it seems all new tech senior leaders know and have worked with each other. So much for posting. Saul has worked with Steve who has worked with the new CEO. Per Steve know your stuff if you talk to Charlie as he doesn't accept the " I don't... — read more 

Wells Fargo’s New York CEO Fuels Questions Over West Coast Base https://www.bloomberg.com/news/articles/2019-09-30/wells-fargo-s-new-york-ceo-fuels-questions-over-west-coast-base So much for a career in financial services in the Bay Area. Many... — read more 

My post will generate the most negative votes. While this forum is cursing our incoming CEO even before he has joined. Is that not illogical? Give him him a chance. Imagine continuing without a CEO . Many more would have been fired without a map at... — read more 

WF is just trying to get an arse (albeit, a very expensive arse) in the chair. Period. He won't last long. He knows it. WF knows it. Wall Street and govt. know it. Why would he move when he's just in it for a quick buck? This is all a game to... — read more 

Scharf accepted the job after turning it down initially – not enough $$ and wouldn't move to SF. WF got desperate. Came knockin' again – offered him 40% more than his last salary and increased to comp package to $23 million (much more than Stump... — read more 

This clown is going to finish what the OCC, Elizabeth Warren, et al. couldn’t through supreme narcissism and incompetence. Karma’s a bitc#!!!! WF and this DB deserve one another. I hope the rest of the c—roaches that survived the initial nuclear... — read more 

I am so so truly sorry for all of you at WF. C. Scharf is a fake, self centered, nasty opportunistic individual with no emotional intelligence and no capacity to respect individuals. He is so fake that he looks young in pics but that is also fake... — read more 

I see people from Bank New York Mellon coming here to warn us about our new overlord and his layoff-heavy ways as if that would be something new for us. The sad fact is that for us, this will be just more of the same. And we are used to the same... — read more 

The new CEO Charlie Scharf has a 'blank slate" at Wells Fargo. A time to start a new. Forget the past and move forward to the future. Charlie will surely be understanding that the remaining internal Wells Fargo employees that run the company do... — read more 

He's so committed to Wells Fargo that he will essentially manage it from his neighborhood in New York City. This guy has a history of not finishing what he started at companies. He's a 50/50 chance of helping the company kind of hire. He works hard... — read more 

https://www.wsj.com/articles/wells-fargo-names-charles-scharf-president-ceo-11569583001 Wells Fargo WFC +3.76% & Co. named Bank of New York Mellon Corp. Chief Executive Charles Scharf as its new CEO, ending a six-month search for a... — read more 

What’s the sentiment around the office. People realize this guy is bad news or is it sunshine and rainbows?

Charlie loves construction projects. He likes Lobsters, Caviar, and Steak for lunch everyday in his executive 5 star dining room in office. If WFC does not have that he will build it. He also is on board of Microsoft so its his job to sell their... — read more 

I want to say it again TAG YOU ARE IT It just feels so good to say. BNYM pre-Charlie employees can't stop dancing with joy today. And the new ones high paying JPM, GS, Visa and other no good c-ap employees Charlie brought in must be bitting the... — read more 

Open Office. It’s 100% coming. Likely will start discussing after he has been there for 6 months and then rollout as construction allows. New CEO loves to sit in skinny jeans in an open office. All employees will do it soon. Don’t like it? ... — read more 

Charlie cited geography as a prime reason for leaving Visa and joining BNY Mellon. He didn't feel a person could lead a company going back and forth across the country. He felt it was best to have people in the same physical space so that they could... — read more 

I worked for Charlie. I was insulted, demoralized, and saw what horrible leadership can do to a company. I will be moving my personal finances out of Wells Fargo. Charlie Scharf is scheming, manipulative and heartless. I will, seriously, pray... — read more