Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Leading by example and leadership void

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.

Control Management team - 8 hours and monitored

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 

Portland Tower

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

Displacement

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

Layoffs

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.

q4 results

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

Where do you look for another job?

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 

commercial bank layoffs

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

Couldn’t be happier

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.

CFPB sues Capital One

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 

A small bribe from Charlie

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

Exceeds

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

We shut down ours years ago

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

Bonus for displaced employees

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)?

beau cummins left Truist?

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

Expecting an IM in Tech

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?

Real change needed

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.

Tuesday Layoffs

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 

H1B

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

Bonus time.

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

Virtual Desktop

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 

Meets

I expected meets and got my expectation....even if I got IM during my mid year...I didn't expect the 1:1 for year end on the 10th

BYOD

Can anyone share what BYOD actually gives access to from your own personal device? What privacy are we giving up when doing this process

Wells will follow

https://m.economictimes.com/news/international/us/its-just-been-9-days-in-2025-and-thousands-have-already-lost-their-jobs-in-the-u-s-from-technology-to-media-here-are-the-top-companies-sacking-people/amp_articleshow/117097289.cms

Combat H1B Visa Fraud

https://www.uscis.gov/scams-fraud-and-misconduct/report-fraud/combating-fraud-and-abuse-in-the-h-1b-visa-program

RTO 5 Days a week coming in March

Get ready everyone. The 5 days RTO announcement should be coming any day now. JP Morgan made it public yesterday. Probably going to happen at Chuckie’s upcoming town hall.

zz.zz.Name

What do double ZZs in front of a name mean? I’m guessing that: ZY means on leave? ZZ means no longer with company? Is there a legend somewhere?

Cost of health insurance

I am looking to use Wells health insurance. My wife is leaving her job due to issues, and we currently have insurance under her employer. How often is the premium taken from Wells paychecks. Monthly, twice per month? How much for PPO family, and how... — read more 

Start a new thread - post a news comment, question or message:

: