If you are going to rob budgets in order to fund 4 billion dollars in stock buybacks, then maybe at the very least you could compensate us with some of those shares. This is our livelihood you are messing with in order to enrich yourselves. How... — read more 

I was moved to a department as part of the workforce share program. I came from a position that didn’t offer a bonus, but since I worked in this new role for at least half of 2024, I was wondering if I might qualify for a bonus, even if it’s only... — read more 

How does folks getting exceed get more in bonus compared to meets or im or ni? Who balances the bonus pool? Can someone explain this in easy to follow language? What happens to the bonus pool if 10% left and weren’t refilled? What happens if 10%... — read more 

Let us try to draft some nice goals for CS- Cut headcount 20k(10%) by end of year Sell off non core commercial real estate Fund stock repurchases increasing by 20% Drive up credit card balances to historical highs stimulating economy Let AI replace... — read more 

Is this the worst idea for a function? Why have a bunch of incompetent id--ts with no knowledge of the business and or common sense. Just because they claim to have a risk or compliance background from BoA or JPM does not mean it is true perhaps... — read more 

F U WELLS

Shouldn’t most of the leaders in tech get IM? I mean TK loses her job and is replaced and saved by SVB but keeps her outrageous salary and is given another role that is way over her head….AI. She is artificial but has little intelligence.

No one knows everything and everyone can be wrong at least once, over the span of 365 daysr. It would be nice if your manager showed some humility, courage, and leadership by example by confessed to it at least once a year.

Can someone from the Control Management team confirm that their leader communicated expectations of 8 hours a day in the office (3 days) and they said it's being monitored by reporting? I'm not from Control Management but someone from CM told me in... — read more 

Anybody gots any deets on us poor souls in the Tower?

Can you ask your manager to displace you if you are currently not on a displacement list?

Q4 report 272,000 employees in 2019 217,500 employees in 2024 54,500 employees in 5 years Roughly 11,000 layoffs, retirement, attrition per year. ...and the bank is still inefficient. More to come.

Not bad, glad to see outlook for 2025 is lower severance although that just means lower than the billion they planned for this year. Keep that stock up until early next month when my RSUs vest

All the major banks are going through cuts, and honestly, I’m not seeing much of a difference between them when it comes to working conditions and career prospects. They all seem to be turning into virtual sweatshops, with high turnover rates... — read more 

heard rumors that layoffs are confirmed but uncertain on timing. anyone have details?

https://ca.finance.yahoo.com/news/us-bank-regulator-fines-three-191658331.html

I was laid off last month from a shithole office in San Francisco Bay Area. My life now is much happier. No more drama, toxic, Indians, and politics.

https://www.consumerfinance.gov/about-us/newsroom/cfpb-sues-capital-one-for-cheating-consumers-out-of-more-than-2-billion-in-interest-payments-on-savings-accounts/ We have also been offering incentives for customers to bring new dollars to us and... — read more 

Like last year, giving most hourly and lowpaid employees a $1,000 bonus. Managers have already been told.

My boss told me I will get exceeds but raise is only 4% and bonus is only 23%. Is it normal?

https://www.entrepreneur.com/business-news/jpmorgans-return-to-office-mandate-spurs-internal-pushback/485483

IS there layoffs of contractors ? Going on at wells fargo

Does anyone know how you are notified of your bonus if were displaced Dec 10 and on notice period? Statement on workday or email (or both)?

And that will be the case for a long while.

JPMorgan employees expressed dissatisfaction with work-life balance at the company in the months before executives decided to institute a five-day in-office workweek.

https://fortune.com/2025/01/14/jpmorgan-internal-revolt-rto-mandate-wells-fargo-labor-union/

I bet its bc of Bill's BO. You would think a failing bank CEO would atleast wear deo to prevent turnover.

Blind Linkedin Glassdoor Reddit Lastly, Thelayoff.com

Google WEF says 41% of employers reduce workforces. These are mostly globalist newscasters, so take it for what it's worth. It appears that as an employee at Wells Fargo you won't have this problem since this bank has only done vanity AI projects... — read more 

HR and Technology managers anyone willing to share BE's exit plan for those who are receiving Inconsistency meets? What happens with compensation, being added layoff list, or ability to move to another LOB?

Restructure the management team by letting go of incompetent engineering managers as their high salaries are contributing to the strain on engineers. Additionally, shift focus away from outsourcing to India and prioritize domestic talent.

On Tuesday, the Shared Services Organization will commence notifications to employees situated in certain non-core market locations regarding the relocation of their job functions to alternative geographical areas, including India. Employees within... — read more 

The H-1B visa is a nonimmigrant category that allows US employers to temporarily hire skilled foreign workers in specialty occupations. The program aims to address labor shortages in fields like medicine, education, and technology

What Dell or Lenovo laptop (which CPU) do they get?

When is the official bonus communication day?

Branch Managers being laid off company wide but Nepo Babies getting Market Leader jobs they don't deserve are safe.

Someone told me there is a process to get downgraded out of Virtual Desktop. Anyone had experience or know the process? Trying to log in today to do one thing and It’s not launching the client but the browser and then gives me an error that the... — read more