Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

TH was CISO at Randstad... Ooops...

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 

by
| 893 views | | 4 replies (last September 10, 2024)
Post ID: @OP+1uqN67UQ

Citi vs wells

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 

by
| 1260 views | | 16 replies (last September 10, 2024)
Post ID: @OP+1uqpq64b

Nobody is your friend

I made a mistake and told a guy on my team I considered a friend that I was looking for a new job and that I wouldn't mind being laid off. The next day my manager knew about it. I guess my "friend" wanted to score some points for himself by telling... — read more 

by
| 1460 views | | 15 replies (last September 10, 2024)
Post ID: @OP+1uqPpHIc

More layoffs to come 10/1

If you're impacted, your manager has already had the introductory meeting. Have heard there's no relocation available or being offered.

by
| 1980 views | | 12 replies (last September 17, 2024)
Post ID: @OP+1uq0i2JK

Layoffs and 401K loans

What happens if you have a 401k loan and get laid off?. Are you forced to pay within a certain period? . What if you cannot pay, what happens?

by
| 1200 views | | 7 replies (last September 9, 2024)
Post ID: @OP+1uqIDhLL

Why was it a Hub in 2021, but not now in 2024?

The positions removed from Richmond were non-customer-facing roles in the division's brokerage operations. More than 2,000 Wells Fargo employees from other divisions will stay on at the Innsbrook office, according to the... — read more 

by
| 1300 views | | 5 replies (last September 9, 2024)
Post ID: @OP+1uprTQCe

Rating System

Some are aware some are not so just gonna throw this out there. The rating system is done on a bell curve. Managers are only allowed to give a certain number for exceeds in a cycle. Also guess what… Sometimes they also have to give a needs... — read more 

I Need Advice on RTO requirements

I will try to keep this as short and vague as possible... When the RTO requirement for my team was implemented (3x a week unless 4 hours of PTO in a day, holiday policies, no req. on # of hours) I admittedly dragged my feet. My role can be done 100%... — read more 

They don't care about us. They never have.

Not realizing that one of its employees has died in its premises is absurd for a company that made the news for having fired people who used their keyboards to pretend to be at work. Centralized audits use camera footage now to catch every person not... — read more 

Why/How is Scharf still the CEO?

Stock price hasn't moved since the day he started. Roughly $54 back then and now, which with inflation means the value is less than it was 5 years ago. (B of A's price is up 11% compared to 5 years ago.) So really, declined stock price, no consent... — read more 

This place is actually morbid

In the way it sees its employees and treats human beings in general. In some exaggerated fashion it would be a good setting for some existential black comedy horror. The one that leaves you with a sick feeling in your stomach after the movie is over... — read more 

by
| 1090 views | | 3 replies (last September 10, 2024)
Post ID: @OP+1unjJKgn

India Employees Reporting to US LOB

For those of you tracking, WF did not lose 2,000 India employees in the last week. They just moved them from the COO to Risk. This is the first I've seen of global employees reporting to a US line of business. Not sure if it's any sort of larger... — read more 

by
| 1980 views | | 14 replies (last September 12, 2024)
Post ID: @OP+1unDCDOZ

Can’t stop thinking about Denise Prudhomme

I read this board for fun… I never post here. You know, I’ve been able to kinda look past the RTO garbage, and tolerate the endless campaign of US-based layoffs in favor of cheap foreign labor. But having an employee, a team member just… literally... — read more 

by
| 2710 views | | 17 replies (last September 19, 2024)
Post ID: @OP+1um4UTrH

Pass on role?

Perfect Executive Director role for my background opened up Lots more responsibility (currently VP) - but with pay increases either capped at 5% or on hold - with no guarantees - until next year. Think I’ll pass on applying, I’ll get a 4% raise... — read more 

by
| 1720 views | | 19 replies (last September 10, 2024)
Post ID: @OP+1umbe7Rc

Do NOT Complete Employee Survey

They are only looking at participation. Your comments are superficial. Actions speak louder than words. If we don't participate they cannot claim employees are engaged. That's their end goal - claiming employee engagement. Unite in solidarity with no... — read more 

Six hours, three days a week now required

On a team call in a group under the COO and learned we are now required to be in the office for six hours, three days a week. Is this happening elsewhere?

We are in this together..

https://www.theretirementgroup.com/featured-article/5448066/wells-fargo-professionals-do-not-let-job-loss-ruin-your-livelihood

by
| 771 views | | 2 replies (last September 5, 2024)
Post ID: @OP+1ump55lk

Employee survey and Denise

Let’s turn “remember Denise” into a rallying cry and see if we can put it on every comment on the employee survey. Hopefully we won’t remember how she died but we can remember that life is short and giving 110% to anyone but family and friends is not... — read more 

by
| 1280 views | | 8 replies (last September 6, 2024)
Post ID: @OP+1umDfBrz

Global survey ...

It's only good for one thing right now.... put in the comment box.... RTO -To collaborate, be a team... RIP Denise! Never forget.

by
| 990 views | | 5 replies (last September 6, 2024)
Post ID: @OP+1ulPq9ia

$22M Fine Levied for WhistleBlower Retaliation

Think this will come out of Scharf & Co's bonuses? This happened under his watch. https://itsaboutusa.com/blog/22-million-fine-levied-against-wells-fargo-for-purported-whistleblower

by
| 1260 views | | 5 replies (last September 5, 2024)
Post ID: @OP+1ulfaoqo

We pay the price mentally and physically

Not only because of aggressive and incompetent micro-managers and a toxic work environment. Not only because of overtime, pointless procedural tasks and no sense of accomplishment. Not only because we are treated not as human beings with personal and... — read more 

by
| 970 views | | 4 replies (last September 4, 2024)
Post ID: @OP+1ultxCa4

Head of SDI Job Posting

Ather on his way out? New job req posted today for Head of Strategy, Digital and Innovation… India is the job location.

by
| 1340 views | | 4 replies (last September 5, 2024)
Post ID: @OP+1uliQWZU

Remember Denise

Considering that our management is so found of slogans. They are so calous to erase an emplyee that died at her desk. It is time for us to create our own slogan, and force them to recognize Denise as a person and fellow emplyee. Do Not let these Axx... — read more 

Embarrassed

I came over from BofA last year and sometimes I really regret my decision despite the much better compensation. I know I’ve only been here a year but it’s exhausting and embarrassing to constantly see us in the news for something negative. I know PR... — read more 

Global Employee Survey

Remember, the global employee survey comes out on September 4. Make sure that you fill it out, and fill it out completely honestly. Blast management with the lowest scores ever.

RIF today

My coworker is fired today.

by
| 2570 views | | 6 replies (last September 4, 2024)
Post ID: @OP+1ukEBu1T

Be well 💕💕 but try not to die at your desk

Well-being Month is here! Embrace the opportunity to celebrate you and think about what you need to be well. That means putting time and energy toward your physical, emotional, and financial health and using the benefits we offer to help you care for... — read more 

by
| 1400 views | | 11 replies (last September 4, 2024)
Post ID: @OP+1ukOOZwS

9/3 Tuesday

Any word on which departments are being affected today?

by
| 3080 views | | 5 replies (last September 4, 2024)
Post ID: @OP+1ukbpj2q

Happy dividend day!!

Hopefully everyone is enjoying that dividend payment today!! It appears Buffett is unloading Boa and reloading Wfc ?

by
| 950 views | | 1 reply (September 3, 2024)
Post ID: @OP+1uksmFqe

Branch Banking Leadership Changes

Anyone have any idea what to text now that SM is going to head up the Southeast division and no longer lead the advice and strategy group? Seems like he was basically running the bank so we could see some big changes?

by
| 870 views | | 3 replies (last September 4, 2024)
Post ID: @OP+1ukeKs2N

Charlie is 100% responsible

You must have forgotten that Charlie got rid of what he called cultists behavior, first get rid of team member and replace with employee. He doesn’t want wells to be a cult. You’re just an employee, a number to him. No such thing as compassion for... — read more 

by
| 1310 views | | 5 replies (last September 3, 2024)
Post ID: @OP+1ujc2Nb2

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

: