Collections centralizing in 6-12 months. All 52 RBC's. Option to relocate to one of the centers. Long time WFDS employees out. They don't care.

WFB also just changed the salary continuation policy under the guise of having to make a change for regulators. I don't doubt this was needed but to reduce the longest salary continuation from 17 months down to 12 months is horrible. I think they are... — read more 

I am an employee that received a layoff notice in the development, training and consultant department. Out of the 600 of us nationwide, 200 of us were laid off last week. According to our hr the layoffs within various other departmenrs will continue... — read more 

Wells Fargo Financial is planning a major layoff within their small to medium sizes offices, starting in June and ending in August 2017 , with another round in October 2017.

I've been told by several senior managers that Wells Fargo is preparing its biggest employee layoff to be announced in July. Groups like Marketing, HR, Finance, etc that previously went through layoffs will again be hit with further reductions. This... — read more 

http://www.charlotteobserver.com/news/business/banking/article149900932.html

Why no posts here? What are you guys hearing as of today. FYI - BAC just had major cuts on the Mortgage side in Chandler, I think we are next.

I hear satellite mortgage offices will be closing across the country; over 3000 team member impacted. Has anyone heard?

Is this year as bad as it was in 2011 when I got laid off? What are updates?

Is Wells Fargo laying off employees in Indiana in the foreseeable future?

The Wells Fargo fake account scandal has been going on for 2 decades or more. http://www.sfchronicle.com/business/article/Wells-Fargo-whistleblower-finds-vindication-10941030.php

So, how many tellers is that? Branch managers? Support Services? http://kstp.com/business/wells-fargo-david-vang-st-thomas-400-branches-closing-minnesota-presence/4371383/

http://mobile.nytimes.com/2016/12/13/business/dealbook/wells-fargo-regulators.html?_r=0&referer=https://www.google.com/

Account scandal widens to include the selling of Prudential life insurance policies by WF bankers to unsuspecting customers without their knowledge or consent... — read more 

I haven't been around long time but I already heard about possible job cuts in San Francisco.

"Some former Wells Fargo employees have said they were fired or otherwise retaliated against after reporting such misconduct to the bank’s ethics line. In all, about 5,300 employees have been fired, including many low-level employees in branches... — read more 

What about the fired victims. Cannot be rehired. I am sure the second HR internal employee notes data base is riddled with lies, SOP procedure. Time to wipe the HR slate and start over again with fraudulent employee record keeping for so long?

George Simonetti http://northcarolina.arrests.org/Arrests/George_Simonetti_7336477/

We old timers knew the downgrading of Wells Fargo was coming when Finance Norwest purchased the bank and took the name and assets. This Norwest was one step above a payday loan company. Like Pacific Finance, and Household Finance..... remember them?

Been with organization nearly 15 years, and with 3 other lending institutions total. Fantastic leadership, forward thinking and always trying to help the customer succeed financially with a primary, 2nd home or investment property. Pay and benefits... — read more 

We are having layoffs right now and there are no posts here. BAC's board is on fire yet we are always silent? Why's that? More fear here? I seriously doubt it but it may be a cultural thing and also we have more tight controls so that may be causing... — read more 

Do you know what the plan is and how many of us may be laid off in 2017? I hear rumors about possible cuts and that it may be massive - if we continue to hurt as it relates to profits, I am pretty certain that Wells Fargo will do what all other banks... — read more 

Dear team, After nearly 35 years with Wells Fargo, I have decided to retire from the company, effective immediately. I want to begin by thanking each and every one of you. Working alongside you has been a true privilege, particularly as we have led... — read more 

Wells Fargo employee 2 years. 54 yrs old I have never been treated better. I am honest hard worker who would back Wells Fargo 100℅. Anyone who is dishonest should be ashamed, stop blaming Wells Fargo for your own failures. Wells Fargo pays employees... — read more 

They need to investigate there sales practices and department gender discrimination practices in BBG division..harassment and sales pressure team conference calls. This is a post bump based on the poster who logged a message on Friday, September 23 -... — read more 

Bullying and harassment goes on in the mortgage side as well, if reps say anything they are fired for ANY reason. HR and EAC do not keep any situation private. The employees that are ALWAYS late and or tardy do not receive an occurrence, the reps... — read more 

Filed - California Superior Court, Los Angeles County... Good luck with this one though...

In addition to WF Bank, I would strongly suggest that the Feds look into the cross selling practices at WF Insurance. Having worked for WF Insurnace for over 15 years, the cross selling practices are identical to WF Bank. The Account Managers have... — read more 

I'm curious if anyone out there was specifically fired for opening fraudulent accounts. I for one believe those firings are a myth...and most (if not all) the firings were for not meeting sales goals. Please advise.

Wells Fargo executive in charge of fake accounts unit that cost bank a $185m fine and 5,300 jobs will walk away with $125m golden handshake.

Do we have any WF insiders here who can tell us if folks terminated here (the 5300 to be exact) were terminated over time or has this happened all of the sudden? Also, any additional detail would be helpful, e.g., were they provided severance pay... — read more 

See more at: http://abovethelaw.com/2016/09/5300-fired-for-creating-millions-of-phony-accounts-um-where-was-compliance/

Anyone has more info on what's happening on the Wholesale side?

The Foreclosure Document Execution, Foreclosure Bidding, and another department were all completely eliminated along with several middle managers.

No one at WF seems to report the layoffs so I thought I would. Also, heard the quality of loans is bad. Lots of BK's, foreclosures, etc. Loan officers appear to be taking the bottom of the barrel. Hmmmm.......sounds reminiscint to 2007/2008.

This year, I have experienced time-consuming, frustrating delays in back office support with Wells Fargo Bank and Wells Fargo Advisors. When they say 3 to 5 days to do something, it can mean 1 to 3 months. They never call to tell me what is the... — read more