Last year , hiring in banking was abysmal so I didn’t notice as many people leaving as I would have thought. This year, banks outside of WF are hiring- interested to see how everything plays out.
Dear quiet quitters: this is your fair warning
If you want to keep your job, 2025 is not the year to see what you can get away with to meet the minimum required for your job. We managers know who you are and the executives are constantly pressuring us to find opportunities for efficiency. If you... — read more
Beware of simulated phish emails.
2 strikes and you are out
Why I'm still here
I want to leave because of the constant layoffs, lack of proper raises, and the overall toxicity of the company. But I'm part of an amazing team with a great manager, and I know how rare that is. It’s hard to find a group where there aren’t any... — read more
Fed terminates 2 Wells Fargo consent orders
https://www.bankingdive.com/news/fed-terminates-2-wells-fargo-consent-orders-mortgage-scharf/739184/
Teams Calls Etiquette
Being the loudest person on the floor when you’re sitting at the minion’s desk (cubicle) doesn’t make you exempt to everything that’s happening. It doesn’t make you look busier. It doesn’t make you look like you’re so passionate about your job. It’s... — read more
Why the increase in bootlicker replies?
I'm seeing a lot more bootlicker replies to posts on this board lately. In fact, I'm anticipating at least one to this thread. It's weird when peasants are delusional and think that they aren't peasants. They defend the people and policies that will... — read more
Layoffs Today - Please Share Which Groups & Details for us please
Please share as much detail as you can of which groups and locations have been laid off today. So far I’ve heard layoffs in Wells Fargo Investment Institute.
Layoffs today in front-line Control?
Heard rumblings...share details if you know.
Fyou Wellsfargo for the nonsense layoffs
Shame on you! Fyou!
The layoffs commence…
Looks like Iowa is having another round of layoffs with 21 employees being let go from the Jordan Creek campus next Monday, February 10th, 2025 according to the Iowa WARN report:... — read more
Laid off
Informed just now in one on one meeting with my manager. Severance is one paycheck per year of service. My lob is technology.
Sad
We've completely normalized layoffs every other Tuesday. Nobody even blinks anymore. They sure conditioned us well, didn't they?
Caught sleeping in their cubicle.
Actually not caught. I just saw them. I felt bad and left them alone. I wonder what their commute looks like that they are literally falling asleep at their desk. Poor thing was snoring.
Millionaires only.
Check in here posting WF tenure
Wells Fargo Executives Plot Life After $36 Billion Punishment
https://finance.yahoo.com/news/wells-fargo-executives-plot-life-120000165.html
When do comp discussions have to be completed?
Still waiting on mine
Who is getting a golden ticket this week?
Hub or non hub?
How will you spend your bonus?
Me: Pay off yearly property tax - 10k Pay down loan on 2024 Toyota Highlander. :(
Current method of bonuses sc--w the worker
Before, bonuses were a % of base salary and based off of title. For example, someone in a particular role would get 15% of their base due to their title. Now, bonuses are calculated based off of last year's bonus, so essentially bonuses are staying... — read more
severance benefits?
I know that if you don't take a lump sum you'll continue to get medical. vision, and life insurance benefits until your severance runs out. Can you also still contribute to WF 401k during that time?
GenAI connect, TKs latest accomplishment
TK what is it that you have accomplished to move WF ahead in the AI space? Ive launched a website that aggregates info on AI. Basically, a SharePoint. Exciting! Isn’t this like 101 stuff that gets done at the start of every program, not years... — read more
Humongous layoffs tomorrow??
We re fuxked!
Absolutely love this page and here’s why…
Corporate is going thru this big push to get everyone to not use their personal phones for work purposes unless you go thru the corporate VPN. While it’s true there is definitely a security component to this, with all the changes happening lately, I... — read more
Bi-weekly 1 on 1 moved up to tomorrow at 8am
Not a good sign on a Tuesday after payday
Tariffs on Indian export of services
Wells Fargo India is exporting services to the US. Let’s apply a tariff on those services to create a fair playing field for American workers.
This this the way….
….. The Wells Fargo Way The Wells Fargo way to alienate, and frustrate employees. It is the way to crush employee morale even more than the misery we continue to suffer through. The ultimate goal? WF wants you and others to leave on your own accord... — read more
2025 Thread on RTO
Chime in, where are we at...
Mortified/Furious over Inconsistently Meets Rating
Infuriated/baffled that I received this ridiculous Inconsistently Meets rating, 15% cut to Bonus, and flat base salary, due to this rating. I understand this is the JP Morgan forced bell curve rating system which is not in full effect at Wells. I was... — read more
Stop Air Pollution by Stopping RTO
Corporations should stop polluting the air by eliminating RTO. Everyday, tens of millions of workers drive between their home and office, including Charlie's limousines. The same thing with hundreds of business flights every day, including Charlie's... — read more
Charlie got how much???
Anyone ever take the time to breakdown the rate of pay increase percentages over the years? Well, after seeing how big Charlie’s pay increase was in 2024 (is it going to be even higher in 2025?), I took the time to breakdown the numbers. Some years... — read more
Good thing we exited Auto Finance.
Trump's tariffs will shut down American auto production. Bye, bye US auto industry. Don't believe it? Go read what the executive chairwoman of Canadian auto parts maker Linamar said. “If, indeed, 10 or 25 percent is imposed, or, in my opinion... — read more
Unusual Trends: Ratings & Contractor Growth – What’s Behind It?
Noticing a trend of "inconsistent performance ratings" leading to increased hiring of contingent contractors. What’s Behind It? Manipulation a Factors? Let’s Discuss!
Stumpf: 8 Is Great Scharf: 8 Indians per 1 American is Great
This place su-ks and it su-ks hard. I've been here for lets say a while. The headcount every single year gets just a little d-mber. Mangers who don't even understand what they manage, meetings at 5am, the d-mbest man in the room talks to himself... — read more
Anyone receive a “T0tal Variable C0mpensation” TVC payment?
Anyone know what this is all about or why it would be given to someone who got a below meets on their annual review? Since they aren’t getting a raise, is this a small token of their appreciation so they don’t complain?
Bad Year End Review
Just informed that my group had a "curve" and I will be receiving a 1 or 2 on EOY review. Manager really didn't state ANY negative experience in my work ethic for 2024. Few small things here and there but nothing to drop my down from "Meets". Says... — read more
Wells Fargo raised Charlie Scharf's pay to 31.2M
https://www.bankingdive.com/news/wells-fargo-raised-ceo-charlie-scharfs-pay-31-2-million-2024/738910/ So he receives a 285% bonus and returned $25 BILLION to shareholders. But I guess I should pledge my fealty for my 2% raise and 9% (cr-p) bonus. — read more
Meets
IT 2% raise, 7% bonus Big fat slap in the face? Hope I get laid off soon
EO in Sioux Falls, SD
Was EO going to be offshored but P&I were making too many mistakes so they decided not to?