If you’re the only person in a hub in your position do they lay you off ? Are they looking to get rid of under performers , newer people , people who make more money ? What do you think they base it off or is it random

All the threads here lately are trash. Just fevered lies or d-mb rants. Nobody actually cares about this company anymore. Everyone would prefer to be somewhere else. Only reason they stick around is for a paycheck. Wells has always been a terrible... — read more 

https://anz.peoplemattersglobal.com/news/talent-management/over-12000-jobs-slashed-by-disney-wells-fargo-renault-nissan-44654

https://youtu.be/b8Y2XBOPmE0?si=kM0cJXobYaX4xlYj

Are there any more layoffs that will happen in SF in May?

Does anyone know if displacement package info is sent out via email or does HR sent a physical information packet to your home?

I have heard there will be 2 majors waves in April. Anyone else heard this. Thoughts?

Time to change up the model in WIM. Numbers looked like cr-p today no matter how they try and spin it. We are wasting an extraordinary amount of $$ on trips to Markets for So l and minions. Too much inflated salary on “sales” people. Jesus... — read more 

Wells Fargo’s Q1 2025 earnings call kicked off, and bam—stock dumped to the $50s. Low-key as he-l, nearly two hours (1:47, a record?), but Mike Santomassimo (MS) fielded questions like a champ, and it clawed back, phoenix-style. Charlie Scharf was... — read more 

95% Indians in the US, 100% in India.

From the earnings materials it looks like total severance expense as of 4q24 was $647MM. Also, looks like personnel expenses were up $403MM due to annual merit increases. That averages out to about $1800 per employee

Anyone in Consumer Lending asked to move or impacted by location strategy yet? I haven’t heard anything and want to know if there’s any news or any movement

https://www.financialexpress.com/business/industry-microsoft-mulls-layoffs-in-may-to-focus-on-managers-and-non-coders-report-3805151/lite/

Wells Fargo is freezing all India hiring indefinitely. Anyone know why? (Plausible responses please)

For fun get a working chain of people to contact major and local news (even FakeNews communist news channels) and help them bring awareness to the public of Wells Fargo’s every other Tuesday job cuts, extensive counts of jobs moving to India and... — read more 

https://finance.yahoo.com/news/apple-steve-jobs-dealt-2008-154148301.html

Displacements rolling through London at the moment - any insights?

Has anyone heard if they will be operating status quo, or are they on a longer-term chopping block? With all the hub strategies for LOB's, as of now, you are fine if you are in a specialty market. But the way things go, I'm wondering if they will... — read more 

https://youtu.be/FBmPGaE1MAo watch this interview. foreign workers were scamming these companies by working 2 or 3 jobs, coffee badging, donating money to foreign non-profit orgs to get matching % cash back.

https://fortune.com/2025/04/07/north-korean-it-workers-infiltrating-fortune-500-companies/ Fortune 500 companies have unwittingly hired thousands of software engineers who claim to be American developers but are actually North Korean citizens using... — read more 

Everyone knows that Charlie and his band of executives are willing to cut cost and create savings so it's probably like that he is having HR higher North Korean operatives to fill tech jobs in the bank... If they promise to bring in AI I'm sure the... — read more 

If you are a displaced employee, and even in severance, is your most recent former manager allowed to be a reference, if requested to do so?

Seems like their lawyers told them to change the wording because the “8 hours in office” expectation could cause issues with the whole exempt vs. non-exempt employee thing. Now, they’re saying the expectation is to be in the office for a “full day,”... — read more 

I submitted my aims request to be excluded. Can’t wait to be told it’s mandatory or you’re gone. I thought it was a risk to use personal devices for work, even something for a password generation. What’s the difference between the RSA code and using... — read more 

Please do not notify DHS

I am no fan of Trump but the truth is outsourcers are destroying American livelihoods while lining their pockets. Service sector is completely decimated now. We need to bring those jobs back from India.

Every other Tuesday, just enough people to rattle teams but not enough to interest the media. No headlines, no blowback. It has become the new normal. Even employees have stopped reacting. It just is. I only wish leadership had mastered the rest of... — read more 

So clear that this board is littered with union influencers. These aren’t employees, they are looking to drive an agenda.

was let go a few months ago and had no intention of ever coming back. But a former colleague of mine who is now leading a large team reached out to recommend I apply for a role on his team. One level down from my last role at Wells. I have decided... — read more 

Fck u Wellsfargo. You fckin ruined my Tuesday.

Any new updates on The Barn? Which departments are next to go?

The next phase of Location Strategy which has already begun is moving the various teams into a single location/city. Get ready to pack your bags.

Morning is already ruined . I went outside to grab a smoke and sip on some coffee, when I noticed the next wave of terms being walked out. Can't a guy enjoy some coffee before being bomborded by request for updates?

Any IRA representatives here on the layoff board. With Wells Fargo closing inactive accounts, I read an article that said they'll send a check to you if that happens. I have an IRA, I never make contributions to it since my tax advisor said it... — read more 

https://dailyhodl.com/2025/04/05/wells-fargo-ordered-to-pay-832000000-in-damages-after-jury-finds-lender-mismanaged-and-charged-unauthorized-fees-on-a-trust-fund-of-2000-children/amp/

Latest WARN notice says layoffs in Florida and California. This is the 90 day notice they are required to give.

I’m down in Charlotte and it definitely feels like all the banks are failing. How will they survive the downturn in stocks?

Does anyone have any insight into when the Innslake buildings in Glen Allen will be shut down and technology FTEs displaced? Specifically wondering about technology since it’s not a hub or campus location for technology like Charlotte, Hudson Yards... — read more 

Can you guys let me know sites where you can find 100% remote jobs? All I find is hybrid .

Now that it’s established that DEI was useless and unfair why is the following still true? CISO is a liar and incompetent and Indian Head of App Sec is also incompetent and Indian. & Both of them are continually visiting India to hire more... — read more