Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Happy Labor Day!

Our CEO makes 30 million in compensation annually while the people who do the work to insure his ridiculous salary can’t even get a cost of living increase. “Corporate America” is synonymous with “Pyramid Scheme”.

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| 550 views | | 5 replies (last September 3, 2024)
Post ID: @OP+1ujUTv6F

Denise died because of missing controls

This company is unable to manage most basic processes supporting its own employees. How can you trust this company to manage other people’s money. They need to fire the RAU owner responsible for this tragedy Wells Fargo employee death tragedy: How... — read more 

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| 1620 views | | 6 replies (last September 5, 2024)
Post ID: @OP+1ujI4elk

Security didn't pick the death of WF employee?

Oh that's right, security was too focused on catching an employee not shielding their combo to the break room door so WF could terminate another non important branch employee.

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| 910 views | | 5 replies (last September 3, 2024)
Post ID: @OP+1ujF0sXw

Dear Wells Fargo Leadership

Well, you’re back in the national headlines for a dreadful reason. Charlie and Scott it is really not that hard to publicly say - “We’re sorry” 😞 one of our employees had an unattended death in a corporate office and was not found for 5 days. ... — read more 

National news coverage, where is the internal commentary about the horrible death scenario of one of our own??

Local and National news is ALL over this story. I am sure everyone who works for Wells is having their friends and family asking about this. Not a sound internally (that I have seen). At this point there's nothing the C-Suite could say that wouldn't... — read more 

A Different Perspective on Layoffs

I would like to offer a different perspective that may be unpopular on this forum, if I may. These cost cutting initiatives for non revenue jobs are actually benefitting our customers pretty significantly. We are simply able to afford to offer... — read more 

Thousands of layoffs is more accurate.

Samfiru Tumarkin Logo Toggle navigation Employment Law Wells Fargo Layoffs: Bank quietly cuts thousands of jobs through incremental layoffs August 27, 2024 The Wells Fargo name adorns the top of a large office building topped with clear blue... — read more 

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| 1040 views | | 3 replies (last September 2, 2024)
Post ID: @OP+1uiZOxvS

The morale is solo and then we got this.

The fact that she died and was not found for many days just puts an exclamation mark On how all of us feel like we’re just feeling like we’re not worth anything. I just feel so bad for her and her family! Sending flowers! 💐 😔

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| 870 views | | 4 replies (last September 2, 2024)
Post ID: @OP+1uiP5KUA

Dying at desk

I feel so bad for her! it just really puts a spotlight on our lives at Wells Fargo that no one gives a sh@it about us! Ever.

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| 670 views | | 2 replies (last September 4, 2024)
Post ID: @OP+1uifUiO0

Morale is so low

Morale is so low. People think they are safe and they are not. Work is piling on others. More displacement waves are coming. Anyone heard if 9/20 is the last of this year before they pick back up next year?

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| 1120 views | | 6 replies (last September 3, 2024)
Post ID: @OP+1uiu8GUP

Our Wells Fargo family

Prayers for Denise Prudhomme's family. 🙏 https://obitgeek.com.ng/2024/08/30/denise-prudhomme-death-obituary-2024-a-resident-of-arizona-cause-of-death-sudden-death-passes-away-at-60years/

Resigning would be the right thing to do

Here at Wells Fargo strive for what's right. Many employees know that they will be losing their jobs soon. We believe these employees should resign to save the company from hardship.

Question about layoffs

If I joined Wells Fargo three months ago, how long is it before I have to really start worrying about layoffs? I'm hoping there's a grace period in which new hires are safe, but I might be wrong.

It is an unhappy Labor Day weekend

Labor Day weekend used to be about labor appreciation. Now it is about working like hard labor to get your stuff complete by end of day. Worst part is layoff is coming the day after Labor Day next week.

Remember Friday early dismissals on holiday weekends?

I have been in banking and/or corporate America for 3+ decades and everywhere I ever worked let their employees out early on holiday weekends as a nice reward for all the hard work, etc. WF did this too. Until CS got here and took it away. Just... — read more 

Continued layoffs at Wells Fargo 2024

The executives continue to cut heads all year but can send two executives on roadtrips to India and the Philippines and announce plans to visit facilities in London and Singapore. Must be nice to have money for travel which includes hotels, meals... — read more 

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| 1380 views | | 9 replies (last September 4, 2024)
Post ID: @OP+1uf3blkS

Saying "Text" on Teams

I've heard from other team members that they're being looked at if they mentioned the word "Text". They have to answer 2 questions and provide screenshots of their text messages to prove it wasn't about work. Has this happened to anyone? If it's... — read more 

Shaun M new Southeast Division Exec

Thoughts? This organizational change impacts everyone in the Branch Network, and heavily impacts 1/5 of us. What ripple effects do you anticipate? Who will take his place and what changes will they make?

Fireside chat

Who came up with this. Like in real life, have you ever even had a chat by the fireside. If it doesn’t happen in real life, why would someone want to describe a meeting this way?

Question about the final Adios Amigos

Some managers have left for greener pastures. Others seem to have distanced themselves bracing for when they have to lay people off. That's business and all good and well. In any case where an employee and their manager may both be scheduled off on... — read more 

Banker connection Salt Lake City UT

Just had a meeting about oboe many ppl we need in order to stay open here in SLC. My manager seems to act like she/he knows we will be here for awhile. But he says the number of people that leave our department (which I noticed a lot have left)... — read more 

First citizens bank

I've heard quite a few of WF employees left to go work for FCB. Anyone willing to share their experiences? Any regrets?

Layoff’s = Turnover

Older employees stay longer, reduce your turnover and cost you less. We all know that turnover is costly, both in terms of money and time. Less turnover means less time spent on recruitment, training, and onboarding, and more time focusing on... — read more 

Any rumors about consumer lending?

It’s been radio silent in CL. All the people I know who are remote are still there. Besides some random displacements due to small reorgs, haven’t really heard much.

Ivanti vpn is down

I'm not going in just because the bank can't keep VPN software up and running. Looks like a nice, slow day for me.

Bridging

If you come back in a different role after the 60 days, is there some bridging for 401k match and bonus?

H3LLS FARGO is back

Notice an increase in complaints from employees around the toxic culture ?! Yea, it’s not a coincidence- wells is heading back to the torture environment from pre 2016- new network leadership breeding bullies and their only way to manage is thru... — read more 

Totally burnt out and ready to leave WF behind

It’s not worth it. It really isn’t. I’ve been here for five years, and all I can think of lately is what else I could have done in that time. I know it’s silly to think that way, and most pastures are not greener, but still. I reached the point of... — read more 

12-month total

Is there any way to know how many folks were laid off in the last 12 months? Considering that we're having monthly cuts - sometimes even weekly - I'm guessing the number must be substantial.

woman found dead at desk

https://www.12news.com/article/news/investigation-underway-after-body-of-wells-fargo-employee-found-dead-at-work-tempe/75-1329570f-3b63-4869-b4bd-7d45801a80f2?ai=#m0da0mm5j8uba8i7axa

Another day, another bloody migraine

Is it worth it anymore? Come in, huddle, pretend that I’m happy, help customers, leave the damn branch for my miserable 45 minute lunch, come back and help customers, leave 15 minutes after branch closes to only be reminded that I hate my job. I... — read more 

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