Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

No Loyalty needed.Treat it as a paycheck

They recently moved a friend of mine to Charlotte and then laid him off in 8 months. They are creating roles and cancelling it to probably project that Wells Fargo is hiring. They are focussed on flushing out old people and bringing in fresh hires... — read more 

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| 1930 views | | 18 replies (last May 13, 2025)
Post ID: @OP+1jttj7qh5

Survey

Time to be honest and fry our managers on the survey!

AI counting mouse clicks

Just a heads up they are counting mouse clicks in hopes of letting someone go instead of paying severance

SUPRISE (not really)…

Check your email. Charlie just shuttered the Diversity, Equity, and Inclusion office and rolled their functions into HR for a more “Traditional Operating Model.”

Working/Non-working notice

From what I read on here most of the notice is a Non-working notice. Does anyone know if there are groups doing a working notice period?

Internal Jobs Requirement

Does any one know what will happen when I apply an internal job if I’m in current team for less than one year? Will they process my application and Will my manager get notification

Another lawsuit

Wells Fargo Forced Short Sales Despite CARES Act, Suit Says https://www.law360.com/articles/2336933/wells-fargo-forced-short-sales-despite-cares-act-suit-says

Rehire Eligibility

I was recently displaced. How is rehire eligibility determined. Does the manager who displaced you have any say? Thanks.

Years of service

How are the years of service calculated when it comes to the severance plan? For example, do you get the next year of service soon as a new year starts or do actually have to wait until your anniversary date for it to count as another year of... — read more 

Anyone on a team mostly 55+?

Most of my team is 55+ and several 60+ and a lot of ‘lifers’. Would you say WF has an older employee base? I feel young being under 50 LOL

The Stagecoach is leaving Chennai

Now that the damage is done . . . https://www.thehindubusinessline.com/money-and-banking/wells-fargo-looks-to-consolidate-its-india-presence-to-shut-chennai-office/article69547978.ece

A Question for Current and Former Contractors

I was displaced last year and still cannot find a fulltime parmanent position. I started thinking maybe I should apply for a contractor position. I have never worked as a contractor before, so I have a question for current and former contractors. Is... — read more 

Displaced, can I invest without disclosing to wf?

I got displaced, does anyone know if we are allowed to invest during the notice period or should I wait until after? My sector was told we had to disclose everything to wells if we did invest prior to layoffs

Location Strategy - Notice Period duration?

For those who have been laid off due to location strategy, how long was your non-working "Notice Period"? The benefits guide doesn't clearly define the notice period. I've been at the bank only a few years and get the minimum of severance. They... — read more 

Push your local politicians to bring back jobs from WFIP

60,000 service sector jobs coming back to America will be a signifiant boost to our economy. Especially for young Americans just starting out their careers. Lobby your politicians please before our service sector is hollowed out.

Office Politics

For those who have worked at multiple banks, are the office politics at Wells Fargo the worst of all the banks? Are any other banks worse?

Need help, please

I am a former employee who was displaced; sad, yes, but it’s ok. I have been extremely successful in securing new employment during my severance period. I need help determining what my actual last day is. I’ve been telling potential employers that... — read more 

Anyone else drowning in useless meetings?

We spend more time talking about work in pointless check-ins than actually doing it. How leadership expects anything to get done when we're constantly pulled into status updates is beyond me. Just let us work.

Glide Program

Has anyone considered participating in the "Glide - Relaunch USA" program? https://www.wellsfargojobs.com/en/inclusion/return-to-work-programs/glide-relaunch-usa/ "At Wells Fargo, we are dedicated to creating a workplace where people feel welcomed... — read more 

Did you know

Your engineering manager who is making 300k per year is firing you so that she can save the funding for herself

Technology toxicity

The situation is likely to deteriorate further. Many Technology old folks are unwilling to upskill, struggle to find opportunities outside of Wells Fargo, and often lack the necessary competence. As a result, they may continue engaging in office... — read more 

RTO 8 hour mandate coming Sept 1

Got the word today based on notes from latest OC meeting. Chuck giving the firm through summer then the mandate kicks in for 8 hours 3x a week. Will be sold as you get a summer of flexibility for your kids but come fall, it’s time to be back 8 hours... — read more 

Lump Sum?

Displaced in Feb. of this year. Found a job during my 60 days but negotiated start date to early April. Four weeks into the new gig. Will they pay me a lump sum for my remaining 9 months of severance? I have received one WF paycheck so far. ... — read more 

Principal (P6?) Compensation

I'm interviewing for a Principal role in New York - it is a non-revenue role in Risk, base between 175-360 or so. Does anyone have any idea what I should expect in terms of base salary and bonus?

Fear

All locations in North Carolina are fearing being laid off by a giant conglomerate like Wells Wellsfargo all people in North Carolina are fearing their jobs. All people in North Carolina are scared. They’re gonna lose their jobs. All people in North... — read more 

401k Loan upon displacement

Is there some kind of penalty payment when you get displaced and they back out what you owe on your 401K loan? Or is there a waiver to that because you were displaced? If you leave for another job is it the same deal or no? I know I’m going to get... — read more 

Low Key Volunteer for Displacement?

I know we aren’t technically supposed to volunteer to be displaced but has anyone had this type of conversation with their manager and then get laid off (outside of location strategy)? I feel like some managers may appreciate having one less... — read more 

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