For those who missed it, more layoffs are coming as the consolidation of corporate and investment banking continues. Impacted roles will include those in industry coverage, advising, equity and debt capital as well as corporate-level relationship... — read more 

All employees would have gotten their reviews with their pass or fail score. Around this time is when all the screaming and crying begin because of missed bonuses and employees and managers go into HR and fight it out. So what's the story?

The Wachovia merger more than doubled stock WF market value and tripled number of employees to high of 300,000. But since WF and Wachovia had shady business practices it only increased the magnitude of fraud bankwide. WF at a third of the size were... — read more 

Not my post, but I agree completely with everything stated and thought it belonged on the front page. OP is @Sc8Q8Vf-bqtt. I'm a lead and now the tellers make 15 an hour while I've been with the company for years and now only make 89 cents more. How... — read more 

http://www.ksfy.com/content/news/Wells-Fargo-closing-Aberdeen-location-affecting-100-employees-478085083.html

http://wcti12.com/news/local/wells-fargo-closing-financial-services-center-in-greenville

Tom Goyda, a Wells Fargo spokesman, confirmed the existence of the problem. He said 120 of the loans had initially appeared to be missing their underlying documents. Mr. Goyda said the bank was confident that the loans Mr. Tran cited were valid and... — read more 

Whistleblower WF was fired for refusing to steal money from customers who were losing their homes and was fired for poor performance. He sued for retaliation and is now a millionaire. credit:... — read more 

They layed off a ton of managers throughout the country who did not meet the staffing required for their posistion. They also shut down a site and consolidated volume to others. I'm just wondering if we know this round of layoffs is over, or if we... — read more 

credit: https://www.bloomberg.com/news/articles/2018-03-23/wells-fargo-risk-management-leaders-are-said-to-leave-in-revamp Wells Fargo head of operational risk and compliance Kevin Oden; Keb Byers, who runs enterprise risk; and the community banking... — read more 

So anyone here knows about how the firing of HR staff is going? Months ago there were posts that 30% of HR were getting cut.

Just got confirmation jobs are being cut on the eastern side of the country (Philadelphia?). For sure the Bond and some other specialty teams are nixed. Teams in MPLS were warned of incoming volume from this other site.

About a year ago i worked at WF and got to know the building security team the security guards that support the building. It was an outsourced company and their WF manager as a token of appreciation for their hard work gave each of them $5 in... — read more 

After nearly 12 years with the company I was just laid off one of 15 in my department

Lucky to receive 1% will a very reduced bonus. I don’t how Mr. Sloan can sleep at night. He and his Executive Management Team are responsible for this mess. We are working diligently to complete every single clean project they give us. I bet you zero... — read more 

Wells Fargo WAS stealing money when it issued auto insurance policies to nearly 600,000 customers who took out auto loans even when they had their own insurance. This investigation confirms that Wells Fargo did get commissons out of it and had a... — read more 

The OCC examiners are sitting within Wells Fargo offices in San Francisco and other locations and were tipping the bank off and in collusion with them. That is the reason why the head of the OCC responsible for Wells Fargo Bradley Linskens was... — read more 

credit: http://www.latimes.com/business/la-fi-wells-fargo-pay-20180314-story.html Wells Fargo & Co. gave multimillion-dollar raises to some top executives in 2017, a year that saw the San Francisco bank continue to deal with the fallout from its... — read more 

credit: http://www.fox46charlotte.com/news/local-news/wells-fargo-it-contractors-face-furloughs CHARLOTTE, NC (FOX 46 WJZY) - Information Technology contractors at Wells Fargo are being furloughed as the bank looks to trim costs, FOX 46 has learned... — read more 

Uh huh and Tim Sloan and Mary Mack ran that division, so what can one conclude? credit: https://www.financial-planning.com/news/new-twist-in-wells-fargo-scandal-as-william-galvin-opens-investigation Wells Fargo's wealth management business is facing... — read more 

Given the never ending stream of bad news for Wells Fargo, what’s he chance Tim Sloan gets a pink slip this year?

credit: https://www.bizjournals.com/sanfrancisco/news/2018/03/02/california-treasurer-wells-fargo-ceo-tim-sloan-wfc.html California Treasurer and gubernatorial candidate John Chiang turned up the heat on Wells Fargo CEO Tim Sloan, calling for the... — read more 

credit: http://www.latimes.com/business/la-fi-wells-fargo-sacramento-20180228-story.html Sacramento has joined Oakland, Philadelphia and other cities in suing Wells Fargo & Co. over allegations that the bank engaged in discriminatory mortgage lending... — read more 

Wells Fargo when faced with fraud on customers' accounts would just close them to cover up fraudulent accounts opened and not repay monies stolen from customers. Why are people not in prison!!! credit:... — read more 

http://www.charlotteobserver.com/news/business/banking/article202862974.html

credit: https://www.bloomberg.com/news/articles/2018-02-26/trump-aide-hicks-said-to-appear-before-house-intelligence-panel A federal judge denied Wells Fargo & Co.’s request to dismiss a shareholder lawsuit triggered by the bank’s plummeting stock... — read more 

Received my notice today that WF lockbox is closing in Portland and moving operations to Seattle. We kinda suspected the bank would continue moving out of Portland after they sold the building and haven’t been replacing people when they leave. But it... — read more 

credit: https://www.bna.com/wells-fargo-hindering-n73014464291/ By Patrick Dorrian Wells Fargo is unlawfully hindering the U.S. government’s investigation of suspected widespread s-xual harassment of female employees, the EEOC said in a federal court... — read more 

Wells Fargo to fire 4 board of directors and put on a straight jacket by the Federal Reserve to prevent them from growing further, until they can demonstrate governance controls are in place. credit:... — read more 

It used to be if you were the teller and were over 100 bc you Shorted someone but the next day they came back and when you balanced you could link the two for no outage. It affected your percentage but now tellers will be out a full 200 beginning Feb... — read more 

Any downsizing in India offices ? will there be a layoff here too

I am an employee of WFDS. It was announced today that the WFDS footprint in California will end by 2018. The Rancho Office, Alton and Pasteur offices and its employees are effected. The jobs will be transitioned to their Texas or North Carolina hub... — read more 

credit: http://www.charlotteobserver.com/news/business/banking/article195162924.html Wells Fargo said Wednesday its chief risk officer is retiring from the San Francisco-based company, the latest in a string of executive departures since a major... — read more 

So, it looks like Wells Fargo joins the group of companies that give with one hand while taking with the other. The raise will be nice for everybody, but how many thousands of those who receive them will not have a job anymore between now and 2020?... — read more 

http://money.cnn.com/2018/01/12/investing/wells-fargo-shutting-branches/index.html

Watching the closing bell today and our CFO got on and said minimum wage up to 15 and those currently making 15 will see a significant increase along with full time employees receiving 3k in stocks. He also stated there will be branch closures. We... — read more 

Three executives Tracy Kidd (HR), Deanna Lindquist (Legal), and John Sootodeh (Community Banking) all fired or pushed out recently because of account scandal. Good. credit: http://www.charlotteobserver.com/news/business/banking/article188748929.html... — read more 

Find Lawyer =“cease and desist” letter to the former employer. This letter prohibits the former employer from releasing any information other than your job title and dates of employment. If you have been tagged and having problems finding interviews... — read more 

It seems Wells Fargo has no issues with laying people off this close to Christmas. In the past few week 60 people have been laid off from mortgage division. Not sure what this means for other departments and if more layoffs will follow, but I... — read more