Just curious as to how other offices/lines are handling this. I am part of the Mortgage Division in the Midwest and morale is completely down the toilet here.

After the news about downsizing broke last week, management was told to increase writing up their staff for minor infractions. 5 minutes late? Write up.. Take a little longer on lunch? Write up

So it looks like we will have zero job security at Wells Fargo for the following three years. The announced ten percent reduction will hang over our heads every day for the next 36 month. As if morale was not bad as it is already, this will just make... — read more 

Layoffs start on October 5th based on span of control. Many details still being worked on. Time to work on my resume...

Wells Fargo & Co. (NYSE: WFC) says it expects employee numbers to drop by as much as 10% over the next three years — a decline it says will be due to "displacements as well as normal team member attrition." Chief Executive Tim Sloan spoke about the... — read more 

https://www.marketwatch.com/story/wells-fargo-directors-approached-gary-cohn-about-ceo-job-2018-09-19

This article lays out how bad things are. With revenue falling, that means even more layoffs beyond the $4B promised to Wall Street to right size the organization... — read more 

With all the negative PR finally affecting the bottom line, anyone heard anything about layoffs in the Marketing area? Are the new products performing as expected?

Rumors are that hmc will displaced in areas that do not have branches or not enough hmc look out also leads will be taken away and given to centralized they are downsizing hmc in favor of centralized less cost wells wants to be quicken by using... — read more 

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 

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 

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 

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.

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 

Date of Notice: 5/31/2018 Event Number: 2017-0391 Rapid Response Specialist: Regenna Darrah Reason Stated for Filing: Plant Unit Closing Company: Wells Fargo (Retail Fulfillment Unit) 179 Sully Trail Pittsford, NY 14534 County: Monroe |WDB Name:... — read more 

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 

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 

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 

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

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 

We will combining Advisors and private bank side. This will result in eliminating overlapping manager positions - in short, jobs will be lost. This is just the start - expect more pain in 2019. If you have options, look at them. Do not get... — read more 

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

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

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?

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.

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 

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 

https://www.bloomberg.com/amp/news/articles/2018-08-04/wells-fargo-office-pool-said-to-win-543-million-lottery-jackpot

https://pilotonline.com/business/jobs/article_44dc210d-643a-5534-8d20-9ea8298a8804.html

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 

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

https://money.cnn.com/2018/08/01/investing/wells-fargo-settlement-mortgage-loans/index.html

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 

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

https://finance.yahoo.com/news/wells-fargo-automated-high-net-worth-wealth-management-advisors-faced-sales-pressure-151535558.html