Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Workforce Reinvestment Act tax credits

Wellsfargo was hit with fines and lawsuits laying off workers and abusing the Workforce Reinvestment Act tax credits. They were hit federally and statewide.

by
| 1080 views | | no replies yet
Post ID: @OP+G1V3rCj

I worked for wells for 14 yrs before being laid off.

I was very proud of my employer and was devastated with the layoff. I had survived 3 major layoffs during the 14 yrs so when it happened to me in january 2014 I was very surprised. It turned out to be the best time to retire, which is what I did. I... — read more 

by
| 2040 views | | 4 replies (last October 30, 2016)
Post ID: @OP+FXn2sHY

Wells develops a score for you based on their own weighting which takes into account age, income, etc. to determine if you are hire-able or not.

https://answers.yahoo.com/question/index?qid=20070126205707AAGBWpF Like most financial companies, Wells Fargo checks criminal, credit and driving backgrounds. They will develop a score for you based on their own weighting which takes into account... — read more 

by
| 1610 views | | 4 replies (last September 8, 2016)
Post ID: @OP+FWvmoU4

Call Center Horror

If you think it is bad at the branch, take a look at the call centers. We are in a 6x6 cube tied to a phone for 8 hours a day with every key stroke and word we say monitored and micro-managed. We have sales goals to meet whether it matches the calls... — read more 

by
| 2060 views | | 7 replies (last October 5, 2016)
Post ID: @OP+FWtecHj

I was relieved to be laid off

What was once a great company and a great employer before the Wacovia purchase turned into just another greedy Wall Street bank heavily reliant on "spin" both externally and toward its employees. I was relieved to be laid off, and I never thought I... — read more 

by
| 1620 views | | 1 reply (February 14, 2016)
Post ID: @OP+FWrQm3i

Teller Turn Over Rate and Attrition

Attrition is so high, turn over rate is super high for Wells Fargo tellers - they do not need layoffs, people leave on their own. You are forced to push products on customers, and you know they get annoyed if you keep pushing it onto them. So, you... — read more 

by
| 1380 views | | 3 replies (last June 16, 2016)
Post ID: @OP+FUcJKtM

Wells Fargo E&E 2020 Initiative

Has anyone heard about the E&E 2020 initiative WF is working on? Is this code name for a mass layoff? There are a lot of nervous people in my marketing group and they say the layoffs will start in 2016 when the new budgets show we don't have enough... — read more 

by
| 4340 views | | 3 replies (last February 13, 2016)
Post ID: @OP+FUyNmOT

More outsourcing and job cuts

Will happen this year and next year, E&E 2020 and Follow the Sun initiatives. Expect 5% cuts this year in IT. More work will be sent to India for IT.

by
| 1710 views | | 2 replies (last February 12, 2016)
Post ID: @OP+FU47Xel

Job Cuts Are Coming

It doesn't matter how experienced, dedicated, or how diligently you work for Wells Fargo. Nor is tenure always a factor. Economists are saying we are headed for another economy like 2007/2008. There are some banks in trouble. The current and future... — read more 

by
| 1485 views | | no replies yet
Post ID: @OP+FUit7YA

Wells Fargo Severance Pay 2016

Can someone give me more details about the severance pay - or point me where I can find more info on severance for people that will be laid off this year

by
| 2370 views | | 1 reply (February 12, 2016)
Post ID: @OP+FUiqTXG

San Bernardino Office Layoffs - January 2016

OK, this just got filed with the state of California Employment Department. There will be about 100 (not sure about the exact layoff numbers but that's what I heard) will be laid off sometimes in January 2016. They have to file this document with the... — read more 

by
| 1280 views | | 1 reply (January 15, 2016)
Post ID: @OP+EynwrmH

Wells Fargo Layoffs 2016

What is the likelihood of Wells Fargo layoffs in San Francisco in 2016? Please let me know if you have any information.

by
| 3430 views | | 7 replies (last November 14, 2016)
Post ID: @OP+EjOsYHM

E&E 2020 Initiative - A Code Name for Layoffs

Has anyone heard about the E&E 2020 initiative WF is working on? Is this code name for a mass layoff? There are a lot of nervous people in my marketing group and they say the layoffs will start in 2016 when the new budgets show we don't have enough... — read more 

by
| 2350 views | | 1 reply (November 4, 2015)
Post ID: @OP+EgDfrHc

Charlotte Area Layoffs

Things continue to worsen in Charlotte, we had 130 let go and there will be more people who will get laid off

by
| 1080 views | | 1 reply (October 30, 2015)
Post ID: @OP+EdIkjHp

WF Raleigh Layoffs

40 folks were laid off, all in Raleigh on the mortgage side. This is going to continue.

by
| 723 views | | no replies yet
Post ID: @OP+DxF1eXE

Wells Fargo Layoff Locations

Has any of the locations below been affected by layoffs: ADDISON, TX; --- ALBUQUERQUE, NM; --- ATLANTA, GA; --- BOSTON, MA; --- CHANDLER, AZ; --- CHARLIOTTE, NC; --- CHARLOTTE, CA; --- CHARLOTTE, NC; --- CHICAGO, IL; --- CONCORD, CA; --- DES MOINES... — read more 

by
| 3033 views | | 2 replies (last October 9, 2015)
Post ID: @OP+DanXoh2

Austin Powers- Mini-Me Managers

Short man syndrome is an informal term and goes by other names such as 'Napoleon complex'. Technically it is a form of inferiority complex in which the person attempts to overcompensate for their perceived shortcoming. The term is often used to... — read more 

by
| 1020 views | | 1 reply (August 25, 2015)
Post ID: @OP+BgVbHyh

Informative information

Looks like good Informative information in the Bank of America section. Caution of the managers games around layoff.

by
| 700 views | | no replies yet
Post ID: @OP+BabaPFY

HMC

Does anyone look at this site. Does anyone respond besides Well Fargo?

by
| 930 views | | 1 reply (March 26, 2015)
Post ID: @OP+AH42hXi

Chester, PA Layoffs 2015

Over 1,000 people will be laid off in Chester, Pa (Mortgage) - This went from bad to horrible - WF will continue cutting and we should be ready

by
| 961 views | | 1 reply (March 26, 2015)
Post ID: @OP+AHYKlyi

Anonymous Investigative News Reporter

In 2012/2013 Mortgage Apps were rumored, to sit in Chester NY processing Center for months unprocessed causing denials, was Manager fired and replaced, upper management remained in jobs claimed they had no clue. Is or was there a loan processing... — read more 

by
| 810 views | | 2 replies (last February 12, 2016)
Post ID: @OP+AHWU4Qn

Utah layoffs at Wells Fargo 2015

do we have any updates on layoffs at Wells Fargo over here in Utah. I left 14 months ago and I knew that 2015 and 2016 will be rough.

by
| 440 views | | 1 reply (March 20, 2015)
Post ID: @OP+AB25z3Q

Minneapolis - Advice for Job Applicants

I've worked for 20 years in IT at WF, Minneapolis. My advice to anyone coming in from the outside is negotiate your salary like crazy, because unless you leave your position you won't be getting any real raises. Cronyism is high; If you're not one of... — read more 

by
| 894 views | | 1 reply (March 17, 2015)
Post ID: @OP+Au1WYu0

"Accelerators" being implemented in WF Insurance division

Anyone have experience with Wells Fargo "accelerator" initiatives? Is this the first step leading to layoffs? They have implemented these "accelerators" in the IT area of WF Insurance (WTS) and people are nervous. The company seems to be keeping it's... — read more 

by
| 1090 views | | 6 replies (last January 16, 2015)
Post ID: @OP+zAelHLC

Layoffs in Q1 of 2015 at Wells Fargo

Do you think the mortgage side might be affected in the first quarter of 2015? I hear that many of our competitors are gearing for more layoffs as the business on the mortgage side seems to be even slower than in the first half of 2014. I know that... — read more 

by
| 1180 views | | 3 replies (last April 4, 2015)
Post ID: @OP+z8UEtPy

offer

i just got an offer from Wells Fargo as a "Info Security Engineer" role; does anyone know anything about their IT staff? do they outsource services? programming? salary mid-point is $103k and telecommutable so that's pretty decent.

Start a new thread - post a news comment, question or message:

: