Seems to be layoff season... Wells Fargo is laying off 63 employees in its Frederick office, part of a nationwide trend of job cuts in the mortgage lending industry... — read more 

There is more news on Wells Fargo layoffs in Charlotte region. Around 100 people will be laid off at Fort Mill mortgage office in August. More info here:... — read more 

credit: http://money.cnn.com/2018/06/19/news/companies/wells-fargo-ethics-hotline/index.html Wells Fargo's quest to clean up its act requires workers to shine a light on shady activity when they see it. A top Wells Fargo (WFC) executive said on... — read more 

Announced today another 200 let go in CAM. Good news according to Brad M it wasn’t anyone in his area. Maybe if we didn’t have so many of us managed resources they could keep some of the FTE that will be let go. Managed Resources are treated just... — read more 

credit: https://www.bizjournals.com/sanfrancisco/news/2018/06/18/wells-fargo-bank-san-francisco-jobs-wfc-housing.html Wells Fargo said it’s moving almost 100 jobs in its commercial treasury business out of San Francisco, where rising housing costs... — read more 

credit: https://www.wsj.com/articles/wells-fargo-to-restructure-wealth-management-business-1529357145 Wells Fargo & Co. is expected to announce a restructuring of its wealth management business, according to people familiar with the matter, as it... — read more 

Wells Fargo goes from stealing from customers and wage theft of employees to now stealing technlogy for online banking from USAA Bank. credit: https://finance.yahoo.com/news/wells-fargo-trouble-usaa-accuses-132401609.html Already grappling with legal... — read more 

credit: http://www.kolotv.com/content/news/Wells-Fargo-closing-Reno-call-center-at-Vassar-St--Terminal-Way-484771741.html RENO, Nev. (KOLO)-- Wells Fargo is closing its Reno phone bank at Terminal Way and Vassar Street, and those who work there can... — read more 

Just found this: The company announcing plans to layoff 46 employees at their wealth management unit in Menomonee Falls. Those layoffs will begin in October. Is this referring to those layoffs announced last week or is this something new? I'm asking... — read more 

Announced today that the new head of HR was head of HR at WALMART. I guess Sloan and company have given up all pretense of looking like they give a cr*p about "team members". So glad to be retiring soon. This is not the company I joined. All they... — read more 

I heard there was one of the smaller rounds of layoffs notifications sent out earlier this week, this time in Pittsford in Retail Fulfillment Unit. Not more than 30 people were shown the door (or will be shown the door in a few months). Granted, for... — read more 

Any chance somebody here knows what happens to (former) Wells Fargo employees at the branches that are sold? What are the chances that the new owner wants to keep all of the employees? And if not, what are the positions that are usually most affected... — read more 

Credit: http://money.cnn.com/2018/06/05/news/companies/wells-fargo-sells-branches-indiana-michigan/index.html

Wholesale banking will start consolidating RCBO and BBg offices similar to what happened in Dealer Services with consolidation into two big hub offices. Associate and analyst functions will be centralized or sent to India leaving banker functions in... — read more 

With all the bad news around multiple scandals and recent layoff notices, I’ve been looking at other positions with other banks. However, I’ve had recruiters, other banks, etc ask about myinvolvement in the scandals? I haven’t been involved in any of... — read more 

Wells Fargo Asset Management team members working in the contact centers in Boston and Menomonee Falls, WI all got their jobs outsourced this week. Approx. 50 people affected.

Massive is relative. If you have a team of 50 and 25 are laid off that may be considered massive in the context of the 50 but in the context of the entire organization it is insignificant. Using descriptors like 'massive' is misleading and designed... — read more 

There was a guy who worked in criminal fraud investigations at WF but is now retired. I would see him at the local bar in San Francisco drinking alcohol in the late afternoon for over the last 12 years. During all that time while criminal acts were... — read more 

credit: https://www.foxbusiness.com/markets/wells-fargo-fined-over-futures-trading-violation.amp Wells Fargo will pay a $187,000 fine for violating futures-trading rules at the Chicago Mercantile Exchange (CME), the exchange announced on Friday. The... — read more 

Rise up Wells Fargo employees send all info to Elizabeth warren or your lawyer it is time to rise up and sue wells for everything the little people get beat up every day while Tim Sloan gets a 7 million dollar bonus while we get 1 percent hr dept is... — read more 

In the next few weeks massive layoffs in the learning world will occur! They made all the low level managers reapply for their jobs in the first week in May!!!!

The fraud and internal investigations unit only targets the low level employees, but never investigate the executives. Keep in mind they report under the CFO John Shrewsberry responsible for corporate security and fraud investigations. That's why no... — read more 

Credit: http://www.latimes.com/business/la-fi-wells-fargo-altered-documents-20180517-story.html Some Wells Fargo & Co. employees reportedly altered information improperly on documents related to certain business customers, adding another layer to the... — read more 

These people are the German police they violate all labor laws they call or email without warning and ask you not to tell anyone or record the conversation they also tell you not to talk to anyone then blindside side you with two people when they... — read more 

Wells has been stealing from its employees especially minimum wage ones by not paying overtime for a long time. The private bankers and tellers and branch staff were pushed to open fake accounts, by working overtime to do so, and they separate from... — read more 

"The interim head of the Consumer Financial Protection Bureau announced a reorganization Wednesday that will eliminate the separate arm that focused on the interests of students and other young Americans."... — read more 

From stealing from their customers to their own employees. https://www.marketwatch.com/story/wells-fargo-must-pay-97-million-for-wage-and-labor-violations-2018-05-10

https://www.wsj.com/articles/wells-fargo-improperly-kept-a-pension-funds-fee-rebates-1525908574 LOCK THEM UP!!!

I’ve been hearing chatter about a 12% across the board RIF in WIM and Wholesale. I’ve heard it will impact people starting in June and continue throughout august. Anyone else hearing about layoffs? Any details? I’m concerned that it might impact me.

Credit: http://money.cnn.com/2018/05/04/news/companies/wells-fargo-securities-fraud-settlement/index.html Wells Fargo will pay $480 million to put to rest claims that the bank misled shareholders about its fake-accounts scandal. A class-action... — read more 

Almost 600 laid off and WF continues to grant even higher bonuses to the executive lineup. Such a shame. We were under so much stress and did everything possible to keep things running and now we are paying the price. And, the executives are getting... — read more 

More jobs going over seas in operations. Anything that doesn’t have to be done in the US will eventually be gone. They can hire 5 there for what it cost them here for one. Other areas are loosing work that are being out sourced to RR Donnelley, that... — read more 

I was a contactor in IT for over a year. No problems. Then out of the blue a 'Managed Resource Manager' called to tell me I wasnt performing and would likely be let go. This person had zero people skills, had no details to back my poor performance up... — read more 

https://www.reuters.com/article/us-wellsfargo-workers/wells-fargo-ceos-pay-details-spark-pushback-by-some-employees-idUSKBN1HU2CP Must be nice to make this to run the company into the ground while others live check to check.

Layoffs are happening all over Wholesale too. Besides the news about layoffs in Corporate Banking, financial institutions, government banking, and Commercial Capital all let people go this week. More layoffs ahead in Wholesale, unfortunately. Any... — read more 

http://money.cnn.com/2018/04/19/news/companies/wells-fargo-regulators-auto-lending-fine/index.html

Wells Fargo will layoff 593 employees at its Winterville service center at 1451 Thomas Langston Road, according to a filing with the N.C. Department of Commerce. The notice said affected employees may receive a formal, written notice between June 21... — read more 

It looks like Charlotte is among the locations that will soon be hit hard. It just be nice to know something more about when this will take place, and avoid this anxiety that comes with waiting and expecting... — read more 

credit: http://www.latimes.com/business/la-fi-wells-fargo-fine-20180409-story.html Wells Fargo & Co. could face fines of several hundred million dollars from the Consumer Financial Protection Bureau for the bank's mortgage-lending and auto-insurance... — read more 

Just received noticed the sales are back. Bankers will have loan volume and tellers and leads will need to have 5 people a week sit with a banker for products a customer won't need a banker for. Also looks like our bonuses will be a joke. The only... — read more