https://www.cnbc.com/2024/09/12/wells-fargo-cannot-expand-into-certain-high-risk-areas-without-permission-regulator-says.html

What’s up with the change of heart and now offering relocation packages???

The internal spin seems to make this out as incremental kumbaya but the media makes it out as a net new enforcement headwind.

How many more fines and enforcement actions do we need? When are we going to hold some executives accountable?

Does having WF on your resume have value these days? I took the job simply as a starter. I’ve been here for 6 months now, and already have a feeling it’s a waste of time. Granted I have no significant previous experience, and my perspective is... — read more 

Sept 12 (Reuters) - The U.S. Office of the Comptroller of the Currency said on Thursday it had issued an enforcement action against Wells Fargo Shares of the bank fell 4% in afternoon trading.

Which means they probably cant send any more roles to I&P or they cant find suitable replacements onshore in hub cities (qualified talent avoiding this place), what do you think?

so, i like out in the sticks, and my RSA account is locked out. I called the helpdesk and they stated they are unable to assist for now. They stated that i would need to come into the office or an approved alternative office. what gives? did... — read more 

Hi my paystub looks normal but I didn’t get my early direct deposit payday last night as I have for months into my Wells checking. Are you seeing the same? Asking because I am very proactive with my finances and like to pay all bills and allocate... — read more 

Are Teams phone calls recorded? Any subject matter experts want to comment?

https://www.tiktok.com/@classygould/video/7410153162029419806

Today I’d like to talk to you about our plan to chart a better course. I took this job because I believe that our country and communities benefit from a strong Wells Fargo. I am confident we can do what’s necessary to move this company in a... — read more 

https://www.advisorhub.com/wells-fargo-cfo-says-tide-has-turned-on-advisor-retention/

Has anyone heard about the ‘hundreds’ of employees moved to COO EBCE Control Management? Instead of laying off, all these people were put on a temporary work assignment with this group to help them pass some ‘phase’ requirement. Some people have a... — read more 

LOLed when I read this one. https://www.advisorhub.com/wells-fargo-cfo-says-tide-has-turned-on-advisor-retention/

Charles W. Scharf has been chief executive officer and president of Wells Fargo & Company, and a member of its Board of Directors, since October 2019, its been 5 years! Oct 25th, 2019 - stock price $51.57 adjusted for inflation $63.08 Sept 11th... — read more 

Most of the stateside job postings have a pay range noted (P4 $95-115k as an example) but the I&P postings do not. Where can I find I&P pay ranges?

I am a P4 lead specialist and making 115k in average cost of living area......Am I getting lowballed? Also what can I expect my bonus to be?

Do I set an OOO when displaced? I have applied for a few jobs within the bank. Should I set an OOO for that reason? Otherwise, I wouldn’t.

I'm constantly being lowballed to the point that it's becoming ridiculous. Is this due to the current state of the job market or is it an age thing? I'm getting more and more discouraged each day and my worry about being laid off has skyrocketed due... — read more 

If I were posing debate questions to Scharf, my question would be: “Your time as CEO of Wells Fargo has been a time of aggressive downsizing and, let’s just call it what it is: Profits over People. You have eliminated 40,000 employees, offshored... — read more 

Hi - i'm interviewing for a P5 Specialist role and was told to expect ~190-200k base and about 30% of that as bonus. is that a good rate for P5 specialist in a very high HCOL? How much would a P6 principal make?

I have been in P3 position for almost 5 years, started at around 108k and gross around 120k now . i want to move up a level along with a salary increase, is there a set % increase as internal move? . Not gonna move if salary increase is minimal with... — read more 

I recently received my first reminder from HR and then another from management on the same day. I’ll count that as one. Turnabout is fair play. Every reminder should yield a contra-reminder that not taking it is the strongest response you can... — read more 

https://thehill.com/opinion/technology/4869666-office-death-wells-fargo/ "It becomes evident that the drive to return employees to the office is not necessarily about their well-being or improved collaboration but often about control, visibility and... — read more 

Can it be true? Heard today on CNBC: Cramer stating Charlie Scharf is second only to Jamie Dimon in sheer banking brilliance! WOW

I keep seeing more and more folks sprinkle into the first floor after they let go of CCNF. There’s now a decently large group that looks to be settled in the desks closest to the parking lot/gym on the first floor. Anyone want know if these are folks... — read more 

Dumpster fire or kumbaya?

Most of them are well into the six figure range and directly responsible for the so called "inefficiencies" we're subjected to on a daily basis given the constant shifting priorities and wasteful work. They clearly don't have the competance to... — read more 

https://www.forbes.com/sites/lindsaykohler/2024/09/02/why-the-death-of-the-wells-fargo-employee-found-at-work-is-so-jarring/ "The harsh reality is that we are spending our time and energy in the wrong place for the wrong people. For many... — read more 

Leave immediately if you can

First step to change the toxic environment is to report your rude manager to HR.

They are targeting employees who have been here 10 years and above. Annoucement will follow.

I am not familiar with this woman, but I saw that she is leading Consumer Tech and Gen AI. As an aspiring data scientist, I get asked a lot of algo questions, do special projects and present results during interviews. Even my code being reviewed... — read more 

I’ve spent ten years in WF. I don’t exactly regret it. It was a period in my life when I needed a steady job and not be bothered with anything work-related. I didn’t even care about having a progressing career, and yet, over those ten years I was... — read more 

Current "CCOG Executive" TH, fearless leader of all BISO's, under the CISO was herself the "CISO" at Randstad for less than a year before coming to Wells during our DE&I hiring bo-m... I guess this explains why she lasted less than a year... — read more 

Im considering an opportunity at wells. My current comp at citi svp is 200k salary plus bonus is that possible to get at a senior lead role? Appears to be within the band but the band is wide citi doesn’t have the best rep. Apparently so... — read more