Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

WF is back to firing

Wells Fargo & Co. has fired or suspended more than a dozen employees in its investment bank and is investigating dozens of others over alleged violations of the company’s expense policy regarding after-hours meals, according to people familiar with... — read more 

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| 1682 views | | 5 replies (last September 8, 2018)
Post ID: @OP+UVSOuYt

Crybaby!!!

http://money.cnn.com/2018/08/27/media/bloomberg-news-wells-fargo-ceo/index.html You can lay off thousands, steal from millions, but can’t take it when someone says something about you! Crybaby! Every time I read an email with his name or his picture... — read more 

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| 1020 views | | 4 replies (last September 22, 2018)
Post ID: @OP+UUTr1IX

128 Laid off in Orlando (leaving in October)

State of Florida - WARN Notice Company Name Wells Fargo Number of Laid off Employees 128 Address 1 0 Address 2 11050 Lake Underhill Road City Orlando, FL WARN Notice Date Fri 08/24/2018 Layoff From Tue 10/23/2018 Layoff To Mon 12/31/2018 Industry... — read more 

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| 860 views | | 3 replies (last September 22, 2018)
Post ID: @OP+UTIiwzq

More layoffs this week?

Are we looking at even more layoffs company-wide this week? I heard something about tomorrow, but I'm hoping it turns out to be nothing.

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| 960 views | | 4 replies (last September 21, 2018)
Post ID: @OP+UTpMxdo

Is there future for Wells Fargo?

When Wells Fargo, or any other bank, lets their very experienced, well trained employees go they then will likely end up working for the competition. They may then work for another bank, trained by Wells Fargo,with their great skills and knowledge... — read more 

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| 1230 views | | 4 replies (last September 27, 2018)
Post ID: @OP+US9sGw8

Anybody actually buying this?

Wells Fargo says 137 layoffs not tied to offshoring The bank Monday said allegations by the Communications Workers of America union that recent jobs in its mortgage division are being moved out of the country are “completely inaccurate.”... — read more 

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| 800 views | | 3 replies (last October 3, 2018)
Post ID: @OP+USrh7ps

This is not in Wells Fargo's best interest

When Wells Fargo, or any other bank, lets their very experienced, well trained employees go they then will likely end up working for the competition. They may then work for another bank, trained by Wells Fargo,with their great skills and knowledge... — read more 

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| 540 views | | 1 reply (August 28, 2018)
Post ID: @OP+USCplDs

The number keeps growing

It looks like Wells Fargo had major layoffs this week, but it's just hitting the news cycle now. Over 600 people were laid off throughout the company. We heard about separate instances, but now we finally have an official number, and its higher than... — read more 

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| 2140 views | | 11 replies (last September 22, 2018)
Post ID: @OP+UOM6bev

Rancho Cordova is Closing

Already reported but the response is buried in a thread. Yet another site bites the dust.

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| 740 views | | 2 replies (last August 29, 2018)
Post ID: @OP+UOQbJqz

Orlando fulfillment

Orlando fulfillment site is set to be closed. All loans are to be moved to NC... All will be done in 60 days, the winding down activities have started already. It's so pathetic that most of the folks who were responsible for the mistakes are still... — read more 

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| 780 views | | 1 reply (August 29, 2018)
Post ID: @OP+UONhtAa

Layoffs

Sounds like Wells just had some layoffs that affected many people in mortgage.

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| 880 views | | 3 replies (last August 24, 2018)
Post ID: @OP+UNGpgNy

8/23

Hearing of some new notices given in FDK, but no detail.

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| 482 views | | no replies yet
Post ID: @OP+UNn2km2

What is going on?

Just received a call about a downsizing and they are changing the accounts over to another broker? What is going on and why call the last number to contact ever given? Why not call my cell phone?

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| 730 views | | 1 reply (August 23, 2018)
Post ID: @OP+UNwrm30

Wim st.louis mo

Does anyone know what is happening we have been told alot of changes in St.louis Mo ops in September? Alot if empty desks and contractors.

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| 740 views | | 1 reply (August 23, 2018)
Post ID: @OP+UMD7OU5

Wholesale Layoffs coming

I was just told be multiple managers that Wholesale is preparing a significant layoff that will be announced by mid-October. Perry wants the layoffs done before the end of the year wholesale can start next year with its lower cost structure. Don’t... — read more 

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| 3270 views | | 11 replies (last October 16, 2018)
Post ID: @OP+UA9utj5

Contractor Vacation Question

Does Wells Fargo have a policy of a required 10 day non-paid vacation for contractors or does it depend on type of contract? I’m considering a Project Manager contract in the consent order area. Would appreciate any info you could provide. Thanks for... — read more 

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| 890 views | | 6 replies (last August 23, 2018)
Post ID: @OP+UyuN2pB

When can we expect more layoffs?

I was wondering, aside from call centers that are closing left and right, do we know when we will have any more layoffs in the rest of the bank? Somehow I doubt we are out of the woods in regards to layoffs just yet, but there has been very little... — read more 

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| 2090 views | | 9 replies (last August 22, 2018)
Post ID: @OP+UtECBeV

The next big scandal

https://www.financial-planning.com/news/keep-quiet?utm_campaign=daybreak-aug%202%202018&utm_medium=email&utm_source=newsletter&ET=bankic:e14043510:a:&st=email&eid=a11f21ee24404ca26a956e598f799241

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| 830 views | | 3 replies (last August 3, 2018)
Post ID: @OP+Us3TQhL

I see this as a good sign

COO of the wholesale business is leaving. My favorite quote is this: Mr. Yorke’s departure comes as Wells Fargo is planning to further integrate its corporate and investment banks in an effort to reduce costs and better serve its clients, The Wall... — read more 

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| 1060 views | | 5 replies (last August 16, 2018)
Post ID: @OP+UpAuCQQ

#DenOfThieves

https://www.amazon.com/Den-Thieves-Psychopathology-Memoirs-Millenials/dp/1983283924/ref=sr_1_1?ie=UTF8&qid=1530889625&sr=8-1&keywords=den+of+thieves+the+psychopathology

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| 552 views | | 1 reply (July 25, 2018)
Post ID: @OP+UhiDfaa

Wells Fargo reportedly refunding 'hundreds of thousands' of customers for add-on products like legal services and pet insurance

https://www.cnbc.com/2018/07/19/wells-fargo-reportedly-refunding-hundreds-of-thousands-customers-for.html Wells Fargo first disclosed issues with add-on products, like identity theft and debt protection services, in its second-quarter regulatory... — read more 

Be proactive

A warning to anyone involved in the FX scandals. If you were involved in any transactions that overcharged customers, you will be found out. You could go to federal prison. Don’t rely on the ethics line to save you. Hire your own attorney and save... — read more 

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| 690 views | | 1 reply (July 20, 2018)
Post ID: @OP+UeyMVLo

More layoffs

More layoffs coming to Frederick this week. They laid off the employees in the mail room, maybe this month they will layoff security and the cleaning crew?! Where is the info about even more Frederick layoffs coming from? I thought all of the people... — read more 

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| 740 views | | 1 reply (July 19, 2018)
Post ID: @OP+UdvEI4g

The number of positions being off-shored is astonishing

I’ve sat through so many presentations about off shoring positions to Manila and India. Executive leaders have been coached to tell people WF must do this because there are no qualified people in the US. But all the presentations I’ve seen show this... — read more 

MD Senator questioning WF layoffs

https://www.fredericknewspost.com/news/economy_and_business/van-hollen-questions-wells-fargo-on-frederick-layoffs/article_64e0e0b8-8b9c-59e9-9dd5-ac1676c9bd23.html

More news on Frederick, MD layoffs

https://www.fredericknewspost.com/news/economy_and_business/wells-fargo-to-eliminate-jobs-from-frederick-office/article_1c930d44-c60e-5437-9756-daa256b6c588.html

John Stumpf's Words Haunt Him Into The Afterlife

John Stumpf's words are immortalized forever on the Internet, he bragged how he "dreams of checking accounts in his sleep" so to push workers to cross-sell extra financial products to unsusptecting customers because it made the bank a lot of money... — read more 

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