Another day, another lawsuit! https://www.consumerfinance.gov/about-us/newsroom/cfpb-sues-jpmorgan-chase-bank-of-america-and-wells-fargo-for-allowing-fraud-to-fester-on-zelle/

The command and control hierarchical structure is the single biggest source of waste and inefficiency bar none. This whole attempt to be agile without the proper organizational restructuring has left everyone in chaos and confusion. Then you have... — read more 

https://www.linkedin.com/posts/wellsfargo_we-are-delighted-to-celebrate-our-newest-activity-7275751829823488001-5nnu?utm_source=screenshot_social_share&utm_medium=android_app&utm_campaign=copy_link

My favorite statement in this article "The greater the distance between the C.E.O.’s home and the company’s headquarters, the greater the performance gap."

I work in the tower in Winston Salem. Found out the lease for our specific floor was renewed on 10/1 and is renewed until 2030! I believe this to be a positive sign as I was worried about location change to Charolette being imminent!

Hi there, New to The Layoff, could not find an easy search option on my phones browser to see if this has already been discussed. I will have to go into the office on Saturday for a year end deliverable. Do weekends count towards RTO? Would love... — read more 

Was told that the target bonus for my role will be 10k when hired. What can I realistically expect to get? 0-10K?

Does anyone know when bonuses are paid out in 2025?

Holiday message videos from Technology leaders broken. They should be fired.

This manager, a very senior one has a degree from DeVry. Another has no undergraduate degree. The top guy was hired by his friend, and is interested in increasing offshore labor mostly because of his own color All would be fine if they were... — read more 

12/5/2023 WELLS FARGO CEO EXPECTS SEVERANCE EXPENSES TO EXCEED $750 MILLION (Reuters) Wells Fargo CEO Charlie Scharf told investors he expects to book higher-than-anticipated severance expenses between $750 million to a little less than $1 billion... — read more 

I’m close to 55. I’ve spent my whole career in banking, and been with WF for the past 15 years. I’m terrified of losing my job as soon as I turn 55. I’m fully aware that the likelihood of that happening is actually very high. I would be fine with... — read more 

Next Tuesday is a Tuesday after payday and also Christmas eve. Would anyone be surprised if there were layoffs?

I heard that the retail HMCs and PMBs have a new comp plan today. In MN, it will be a salary of 15.57 per hour. No draw. Big cuts in bps in the tiers. $150 min commission, which is down.

Does taking a full week of PTO count towards your average in-office week. If I go in once this week and take a full week next week, will I show up on a report?

Based on my experience, about 1 in 4 managers are actually decent and this ratio has been declining over the years. The rest are manipulative, shady, politicking knuckleheads who have no clue about the teams they are supposedly "leading". This... — read more 

Throat clearing first: I’m really sorry for that guy—ALS is just a horrible disease I’m really glad he is getting accommodations My actual reason for posting: As I read the article, my thought was, Hey, WF, I don’t know if the “Well, yeah, we let... — read more 

Anyone heard about layoffs in WIM. RTO was set for 2/3. So guessing non hub will be 30-60 days after that. Most unsettling part is managers aren’t talking to people. I know this isn’t a shock to anyone but it’s pathetic to let rumors fly and give... — read more 

I’ve been a good RTO drone. Whatever stupid rules they come up with, I cheerfully comply with. I will not quit. How long until they’re fed up and lay me off? I think it’s only reasonable to be paid to leave. I haven’t been working my a-s off for... — read more 

I'm reading the parental leave policy and it seems miscarriage and stillbirth isn't covered. Are they seriously only willing to pay you if you are lucky enough to have a healthy birth?! Way to add insult to injury by not being eligible for pay during... — read more 

What the he-double hockey sticks is going on in Az?

It looks like I’ve managed to survive the year without being laid off! I did go on medical leave for several months for a surgery. Does anyone know if I will receive a regular bonus or if it is pro-rated for the time I was away on leave?

The audio is not even in sync with the speakers. Sums up WF tech lol! Can’t even get a holiday video delivered

Hello everybody many people today is stress out about RTO, layoffs, high maintenence customer, manager etc. Below are several things you can do to help feel #soblessed no matter what the day throws your way for a healthy vegetable and fruit snack... — read more 

Got the news on the 10th. Trying to stay positive as I have 30 years of database experience and have upgraded my skills lately. I figure I can always do contract work but I can’t help but think that my age will hurt me. Don’t have the option to... — read more 

Does anyone know if you hit 6% in 2025 on your 401k but get laid off after, will WF still match or will they sc--w us? It seems that if it was not your choice to leave they should still honor the commitment like restricted shares, but I have a... — read more 

Used to wear formals. Now what?

you are still here or within your working 60 days.

Soon your layoff notice will be on the way …..

I am sick of this obvious takeover of foereigners in this bank and I am ready to talk. Put your info here and I will spill it all to you. Something needs to be done on the obvious discrimination on Americans at this bank

Can someone with real inside knowledge on the issue chip in? How are they enforcing minimum hours in the office for salaried people? The handbook doesn't even specify anything .

I hate my job here so much that it would be a welcomed resolution to a toxic relationship. I’m scared of the future, worried about my livelihood, and anxious about prospects of finding another job. But I also reached the point where I would prefer... — read more 

…. for it’s role in turbocharging the opi--d crisis which has ki-led hundreds of thousands of Americans. This is in addition to the nearly $600 million they paid 4 years ago to settle with a coalition of state attorney generals for the same. The... — read more 

The tide is going for mgmt. Time to vote worker power. Fuuuck Charlie.

Should I apply to jobs internally or move on to a different company?

What company did you get a job at?

From WF home page browser / workday I see few people not showing up under managers org ,whose names are showing up in teams. Is it a layoff sign or anything else?( mostly few contractor names are missing in the org structure)

https://finance.yahoo.com/news/illinois-man-couldn-t-access-135700596.html