The security planning functions for IT is consolidating this means all the IT Security staff are being transferred to the Corporate Information Security department that is under Mike Loughlin who runs Corporate Risk. The amazing thing is WF has been... — read more 

For all of you who are still claiming that we do not have layoffs, take a look at the CNN Money Coverage from last Friday (link below). The writing is on the wall and this will be massive - I am not saying all groups will be affected equally but the... — read more 

Look the bank is downsizing all over the place. Given the bad PR, the bank willl NEVER say anything about layoffs and everyone let go will be under gag orders to not divulge anything without risking their severance. Over the next 18 months, about 10%... — read more 

Last week I was summoned into a meeting for HR team members. Long story short, Wells Fargo is letting go about 40% of us. From what we were told in, Wells Fargo is discontinuing phone support for team members and managers. All support for the bank... — read more 

It's all true HR staff are specifically targeted for layoffs. http://www.charlotteobserver.com/news/business/banking/article174894971.html Wells Fargo is laying off more employees in Charlotte, announcing cuts this week that affect human resources... — read more 

Process to determine who to layoff is based on how much money a person is making. The higher your salary, the more at risk you are. So guess who those folks end up being? Your long time employees and older employees. It really ends up as disparate... — read more 

I’m tired of people talking about they were laid off but not stating what department you are in! How is that information helpful?

Email announcing layoffs in processing, underwriting, closing, product support and production management. No mention of specific locations. Realignments in Charlotte and Des Moines to home equity. Has anybody else seen or heard of this email? Is this... — read more 

The last time that happened John Stumpf the CEO lost his job as well as other senior executives so more attrition expected.

Marketing was informed in an all hands call last week that layoffs would commence in the next 2-3 weeks. No numbers were given. When asked if current employees would be hired first to fill new job postings, the presenter laughed and said no -... — read more 

WELLS FARGO IS A GREAT COMPANY TO WORK FOR---THEY CARE ABOUT THEIR EMPLOYEES--LOVE MY JOB AND I HAVE BEEN WITH THE COMPANY GOING ON 10 YEARS.

More layoffs coming but it's likely to be in little dribs and drabs as operations areas are consolidated and outsorced to India and the Philippines. I'd be concerned with loan operation areas being downsized next. Im in the loan center and we keep... — read more 

Anyone that thinks they will be first inline for job opportunities once they've been let go is dreaming. Yes your manager can mark your profile as retain but many don't. Even if you have a great manager, hiring managers give little to no... — read more 

Massive layoff announcements started this week (9/11/2017). First of 2-3 waves of layoffs. Official announcements and new org charts being released this week in two Town Halls and All-Hands Meetings. WF needs to cut $3.9M (nearly doubled from... — read more 

Fort Mill mortgage folks are being let go by WF - about 120 will be let go, this group is being dissolved and the business is outsourced to a third party company.

That is who they prefer the young, eager, nieve employees. They coach them how to commit bank fraud then bully them around to continue day after day. Experienced Bankers 25+years outside of Wells Fargo are told that they don't think they can do the... — read more 

We keep hearing how transparent senior management is yet we have to hear about the layoffs on the internet. Wish they would get to it already and hand all the pink slips. They will let all of the employees who have outside banking experience and keep... — read more 

Ok so they grossly under estimated the number of fake accounts. But I wonder if they also under estimated the number of people that were let go because of the pressure to sell. As I recall. Some 5,300 people were fired nut I'm guessing the real... — read more 

It's a permanent closure - 60 people will lose jobs. Good job FB

http://www.latimes.com/business/la-fi-wells-fargo-accounts-20170831-story.html Wells Fargo & Co. potentially opened 3.5 million accounts in customers' names without those customers' knowledge or consent — far more than the 2.1 million that were... — read more 

Is WF letting go of contractors to reduce costs there are thousands of contractors inside the bank, especially in IT so just curious.

if ya really wanna see how badly wells fargo businesses are doin, dont read the quarterly updates from tim sloan. instead read the financial websites like cnbc. theyll show you the real picture, not the fairytale that wells fargo senior management... — read more 

You all are sore losers. Wells Fargo is the BEST company to work for. You all are just upset that you were not deemed important or valuable enough to help take Wells Fargo to higher levels. As our great CEO Tim Sloan said, we're building a better... — read more 

Let's see probably on the payroll! http://www.marketwatch.com/story/where-was-wells-fargos-auditor-kpmg-while-the-funny-business-was-going-on-2017-08-17

but we all know that nothing will change so long as those executives at the top who remained silent for all those years are still around.

2017 incentive plan was presented and then along came net loyalty. The math does not even make sense. Just another way to NOT pay Incentive to employees. Maybe some attorney ought to take a look at this practice!! Processors carrying piplines of less... — read more 

they both believe that lions don't concern themselves with the opinions of sheep think about that the next time your asked to take a team member connection survey

Vancouver call center is closing, and 72 employees are being shown the door. They will officially be gone sometime in October. From 500 to 80 to just a handfull in just a few years... — read more 

I was curious so I kept checking total employees on teamworks - 1,000 layoffs since 8/4/2017. If you lost your job, you're not alone!! Get support from friends and family and coworkers! Use Glassdoor to find a great new position! You can do it!!!

More layoffs, this time in mortgage division... Wells Fargo notified 40 employees in Des Moines area that their services will no longer be needed... — read more 

That instead of getting new board members they just seem to shuffle the old ones around. It's like they are afraid someone new will come in and see all of their nasty secrets.

Anyone know of layoffs in Home office St. Louis ? It seems we have contractors no filling of full time positions . Floors seem more empty. They want to know all our tasks, how long it takes etc... rumors of outsourcing have been flying about.

Getting rid of the CEO of Wells Fargo was just one of many necessary moves to not only save face but to also save an industry that has been abusing customers for some time. The Firing of many other high level regional presidents has just taken place... — read more 

Wells Fargo in Phoenix has inklings of hypocrisy in their hiring price,...even for PART TIME positions. Their statement regarding age, experience, veteran, etc. is hogwash. You can have 25+ years of customer service/sales experience, college... — read more 

No bank is too big to fail and no CEO too powerful to jail.

"Significant" amount of fake accounts identified that will push the number of original fake checking, savings, and credit card accounts to overwhelm the $3.3 billion dollar thresh hold of legal costs Wells Fargo has save for a rainy day. Expect more... — read more 

Late last week employees of Wells Fargo were informed of a dramatic re-alignment of regional presidents. Many long term employees were released after the company carefully thought out its response to scandals over the past couple years. Those... — read more 

It all makes sense now in light of the new fraud findings related to auto insurance policies created for customers who applied for auto loans. WF has sold off Insurance Services (WFIS) which is part of the Wholesale Division and responsible for... — read more 

Since WF created new performance reviews in which rather judging you on a scale of 5 (best) to 1 (worst) how many of you have gotten your bonuses? And for next year's performance reviews did the % of your bonus go up or down? Many had complained that... — read more