Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

WF Mortgage Cross-Selling Practices

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 

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| 1050 views | | no replies yet
Post ID: @OP+JxG7MBu

Wells Fargo Insurnace

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 

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| 4950 views | | 7 replies (last October 5, 2016)
Post ID: @OP+JucwLzv

Specifically fired for opening fraudulent accounts?

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.

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| 1160 views | | 1 reply (September 21, 2016)
Post ID: @OP+Jt47eZP

Since there is not reliable info in the news...

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 

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| 2250 views | | 7 replies (last September 20, 2016)
Post ID: @OP+JiGo13L

WF Laid off 5300

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

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| 2540 views | | 3 replies (last September 13, 2016)
Post ID: @OP+JhWhLdt

Back Office Support

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 

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| 1111 views | | 1 reply (September 7, 2016)
Post ID: @OP+GHfPWqF

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.

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| 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 

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| 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 

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| 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 

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| 2080 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 

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| 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 

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| 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 

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| 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.

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| 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 

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| 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

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| 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 

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| 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.

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| 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 

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| 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

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| 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.

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| 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 

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| 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 

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

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