1. Wella Fargo executive Tim Sloan and others under him will continue to get fired. 2. Wells Fargo will not meet their yearly stress test. 3. Wells Fargo will continue to have growth capped by Federal Reserve. 4. More businesses will continue to be... — read more 

Recently let go and noticed I have a ton of Wellswear shirts and trinkets. What have y’all done with your Wellswear after you left? I don’t want to be caught dead wearing a WF shirt in public.

Why is the stock price dropping like a rock? With all the announced layoffs, the stock price should be soaring from expected profit improvements.

On the call, she talked about the new operating model coming in 2019 and touched on the fact that there will be layoffs. No details though but wondering if anyone else has the scoop?

It can be anything; from interoffice personal relationships gone bad, something someone did in the office (or outside on company time), leadership decisions, fraud, etc. I'll start with a few: we had 2 manager's get fired for getting drunk on a work... — read more 

https://www.politico.com/story/2018/12/10/student-loan-fees-wells-fargo-1021129 The Trump administration for months concealed a report that showed Wells Fargo charged college students fees that were on average several times higher than some of its... — read more 

In case somebody was under a mistaken impression that Wells Fargo layoffs and closings have slowed down... Wells Fargo is shutting down its Cameron Village Oberlin branch in February... — read more 

I'll arrive at work, take a nap, delete all my emails without reading them & stop feeding my boss valuable information so she can take credit for my work. I'll play on the Internet all day long & ignore the rest of my team members since they offer... — read more 

has anybody ever gotten any sort of definitive action from reporting something? I reported multiple incidents (anonymously through the website) and all I got were a few replies from them asking for more details, and then they went dark. What's the... — read more 

The Federal Reserve has rejected Wells Fargo & Co’s plans to prevent further consumer abuses and told the scandal-plagued lender it needs stronger checks on management, according to three people with knowledge of the discussions. The concerns raised... — read more 

They are still going back and terminating District Managers FOUR YEARS after the sales scandal stopped in 2015 and over two years since the completion of the independent external investigation speaks volumes. They knew all along these crooked DM’s... — read more 

Many comments are saying FMLA will protect you. How exactly does that work? I’m sure many of the people who’ve already been laid off have FMLA.

Prove me wrong.

The only way to rid a cancer is to cut it out or burn it out

I cannot tell you who I am or position, but I am privy to extremely delicate information. There will be a mass RIF in Mortgage in mid to late February. While I do not know the exact numbers or locations yet as they are still running everything... — read more 

Wait until they uncover the telemarketing fraud lmfao The useless mgmt couldn't manage marketing in the stores & the telemarketing is even worse. A bunch of overpaid frauds with zero common sense.

They created much of the ineptness by placing useless frauds, force promoting women to create a false sense of "diversity" & having zero talent mgmt skills. Start with the consumer group.

Is all that's left. Every "VP" at this company is an a$$ kissing, useless fraud with no decision making skills or common sense.

Are we expecting layoffs to happen this week? I wish we could enjoy the holiday season without this stress on our backs. It’s very nerve wracking.

Any thoughts?

I posted this in another thread - what are your thoughts? I used to think Michael DeVito was a good guy, I don't believe it anymore. I honestly don't trust anyone above middle-management, they've all sold their souls to keep their cushy salaries and... — read more 

More Mortgage Layoffs Today

Do any displaced TMs have experience with either careercyransitions firm? Any recommendations/reviews?

For those who hate working here so much, why don't you leave the company, then? Economy is good, plenty of jobs available. What makes you stick to Wells Fargo?

I read Maxine Waters, once she is in charge, has her sights on Wells Fargo and all that is and has been going on. It was said that she will probably require Sloan to go in front of congress again. This will be in 2019. My thoughts are that if WF... — read more 

When friends ask me “How is work”? I reply “I work at Wells Fargo. For now”. What else is there to say? Everyone knows what that means. They’re closing the little branch in my neighborhood. The one where people who have done business for 30 years... — read more 

Please, if anybody has any info?

Hey Reporter, everyone would like to talk to you, but they really can't. I'm still at Wells, so I'm not sure about how they work, but I've quit jobs and for a year or two after gotten a reminder letter via snail mail from some law firm reminding me... — read more 

WF doesn't only wants to pay back customers from 2005 and not all the way back from 2002 for fraudulent auto insurance policies. http://www.autonews.com/article/20181121/FINANCE_AND_INSURANCE/181129927/wells-fargo-auto-payout-settlement

Good corporate governance and social responsibility. https://www.wifr.com/content/news/Wells-Fargo-donates-winter-coats-for-Lewis-Lemon-elementary-students-500966221.html

Economist calls for the cutrent entire board of directors and top 100 executives to be fired. https://www.americanbanker.com/opinion/time-to-clean-house-at-wells-fargo

I know some people were having group calls today. Was it business as usual or were more people unceremoniously laid off?

How do you feel about job security and income security in WFS and CIB?

Or are they too scared to focus on the holidays because the criminal investigation is ongoing and they could go and die in a federal prison? I would have a hard time swallowing that turkey. Any thoughts?

So AWESOME to see Wells Fargo care more about India staff than US Staff..."One Wells Fargo" calling Bull Sh!t on that one. So after you layoff state side Thursday and following Monday you promote benifits of India team members. Wow way to go..way to... — read more 

Didn't even have the respect to displace us on individual calls so we could deal with it and ask questions privately. They told us on a large group call (team displacement). Are you kidding me??? Is this really true? Does Wells Fargo leadership... — read more 

It’s interesting that while layoffs are occurring the ceo has rewarded himself with 39 MILLION in stock during 2018. Nasdaq has all the information. Nobody is worth that and it is immoral.