Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

2025 Changes coming to Tech side of WF

For those who are not aware in 2025 the new US administration is being pressured by the tech billionaires to expedite more foreign workers and get rid of more us workers. It has been no secret that the CEO at WF has given two thumbs up to getting rid... — read more 

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| 2020 views | | 9 replies (last December 31, 2024)
Post ID: @OP+1wcr9Du7

Tech unionization

https://arstechnica.com/tech-policy/2024/12/from-ai-to-rto-unpopular-policies-may-fuel-tech-worker-movements-in-2025/ Unions are a symptom of bad management.

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| 830 views | | 4 replies (last December 29, 2024)
Post ID: @OP+1wcA2yxT

My team is reaching a breaking point

We’ve lost many people this year, while the workload remained the same. No amount of hard work can compensate for so many people being gone, nor for roles that the rest of us simply can't fill. There’s no intention to recruit new workers or... — read more 

Foreign Labor

On twitter by Jack Poso Have you or anyone in your circle been affected by H-1B or replaced by cheap foreign labor? Email us 1776@humanevents.com . It's time to take a stand We are going to expose it all

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| 730 views | | no replies yet
Post ID: @OP+1wcIU3fU

LOB Core location exceptions

I was advised by HR to request an exception to stay remote in a non-hub location. Did anyone else realize this was even an option, I’m remote now and have been for nearly a decade. What is the point in making me relocate just to grant me another WFH... — read more 

whose next

Someone on my team was in a building / location that has been seeing layoffs and this employee was recently sent home to do remote work. I work closely with this person. I believe this person doesn't even understand the high probability that when we... — read more 

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| 1910 views | | 6 replies (last December 27, 2024)
Post ID: @OP+1waxkOXA

Merit increases

Any managers want to spill on about what we can expect for “meets” merit increases this year?

Layoffs tomorrow (12/26)

Layoffs is delayed this week due to holiday. Just like your garbage pickup schedule. Layoffs continues tomorrow.

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| 2130 views | | 8 replies (last December 27, 2024)
Post ID: @OP+1wazffu8

To the executives responsible for layoffs

Good morning and happy holidays to you and your families. I’m sure you will wake up this morning, love on your kids and shower them with gifts. Like us - you probably want to give them the world while also teaching them to be kind, respectful and... — read more 

Take your PTO, quit being green when on PTO

When I take PTO, my ar-e is offline and I'm gone. I'm constantly amazed at how many people (managers and non-managers) take PTO and then work all day. Responding to emails, sometimes attending meetings, showing green on Teams all day.........for... — read more 

Is anybody still buying what Cramer is selling?

Jim Cramer Says 2025 Will Be ‘Fantastic’ For Wells Fargo & Co (WFC) https://www.insidermonkey.com/blog/jim-cramer-says-2025-will-be-fantastic-for-wells-fargo-co-wfc-1412649/

Christmas Eve

Merry Christmas Eve to the best coworkers ever.

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| 780 views | | 2 replies (last December 25, 2024)
Post ID: @OP+1w8cPPZ6

West End Center Winston

If it’s true that most at West End Center will be let go in 2025, anyone have any idea about the timings? 2 waves? Mid year? End of year?

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| 1120 views | | 2 replies (last December 27, 2024)
Post ID: @OP+1w8UBN5A

The hardworking reason

If you see bottom engineers work hard, that’s because their pay is close to the upper engineers. As simple as that. Pay push you no one else could. Favoritism in action. Managers put more money on their favorite bottom engineers.

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| 770 views | | 3 replies (last December 24, 2024)
Post ID: @OP+1w8p8B40

Excellent advice

I think banking in general is simply a bad industry to be in these days. While WF's US-based layoffs have been among the worst of all the US banks, all of banking is in decline. Whatever your specialty is, I'd suggest looking for some other industry... — read more 

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| 1250 views | | 3 replies (last December 28, 2024)
Post ID: @OP+1w7WbjGH

Coding

They tried to make me leave from doing coding and I learned it on my own! F off 🤣

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| 820 views | | 2 replies (last December 27, 2024)
Post ID: @OP+1w7t5GRh

Layoffs

If you’re thinking of dodging layoffs by jumping to a different team, don’t kid yourself. This is basically the Hunger Games, and guess what, the leaderships is the only one who gets out alive. Everyone is getting fired.

Discrimination?

Given the string of issues over the past several years, is it possible there could be some discriminatory issues against protected classes if someone were to look at the demographics of the layoff numbers? I suspect maybe? Thousands of people have... — read more 

In case you still wonder why we have cuts all the time

I view it as the bank being raided from the inside. There are zero good intentions on the part of our C-Suite. Despite what Charlie & Co say, they are squeezing every drop out of the company for their personal gain and then will abandon ship. Their... — read more 

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| 1050 views | | 5 replies (last December 28, 2024)
Post ID: @OP+1w5kpRQF

Career coach advice to WF's laid off IT worker

Given the dysfunctional environment described in this site's posts, former IT employees of this bank face a unique set of challenges and opportunities. Here's advice tailored to both IT workers -- especially to those "quiet qutting". This is advice a... — read more 

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| 810 views | | 3 replies (last December 23, 2024)
Post ID: @OP+1w5SWc2B

P5/M2 Comp Range

Hi - I’m at the final interview stages for a Senior Lead role (P5) and being considered for another position as Senior Manager (M2?) in the New York area. The compensation range for base goes all the way to 300k - does anyone here have any... — read more 

Trimming the Fat

I still can’t understand how WF can lay off everyone & continue to do. Does that mean everyone had unnecessary jobs? Who is doing all their work? I mean they were doing work up until the day they were laid off.

CFPB sues Wells (and others) for Zelle Fraud

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/

Command and control is stifling innovation

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 

Welcoming our newest hires

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

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| 1400 views | | 8 replies (last December 22, 2024)
Post ID: @OP+1w4pUnO2

Where's the Boss?

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."

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| 910 views | | 3 replies (last December 20, 2024)
Post ID: @OP+1w4Mr8pY

New Location after new year?

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!

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| 1370 views | | 5 replies (last December 21, 2024)
Post ID: @OP+1w4NV47n

Weekend & RTO

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 

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| 1350 views | | 6 replies (last December 21, 2024)
Post ID: @OP+1w4U2ka9

Bonus Target

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

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