Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Aug 20th

I heard Risk will be hit. Is there any truth to this rumor?

What If

What if the cap is not lifted? What if the relocation does not help efficiencies? What if off-shoring does not lift the share price? What if DEI fails to improve Teamwork? What if RTO does not improve efficiencies? What if Charlie is not replaced? Is... — read more 

Wf alumni network

I had a Wells Fargo alumni network pop up on my LinkedIn. I searched the web and it seems like a real thing. What in the world is their motivation for this? As far as I can tell they are still forcing people to RTO and still laying off American... — read more 

Pay increases

Did anyone see that there was an article of pay increases for 50 % of workers ? What are your thoughts.

When to file?

Apologies if this question has already been addressed, but when is the appropriate time to file for unemployment with the state? Should it be done during the notice period or afterward?

August 20th

Is August 20th really the day all wave 2 relocation decliners are laid off?

Wells Fargo does not give a sh*t about Veterans...

Despite all of the "Veteran" cheering and bullsht, WF does not give a sht about Veterans. All they care about is telling people that they like to hire Veterans. Meanwhile, they do hire them and then they displace them at their disposal, including... — read more 

Winston Salem -WEC

I understand that the lease for WEC has been extended to 2028. Does this imply that WS employees will be kept on longer? I am hearing as much. I also notice that the parking lot seems to be getting more and more full.

by
| 950 views | | 8 replies (last August 18, 2024)
Post ID: @OP+1u2RwK1z

Personal device texting

Anyone have experience being investigated or disciplined for sending a business related text from a personal device?

Ageism is a real thing

Pay that goes with years of experience and acquired skills is an added bonus making sure you will be eliminated as soon as you reach 50. Fortunately, I counted on this, made some smart investments along the way, made sure I’m almost free of debt... — read more 

Big dividends for preferred

https://newsroom.wf.com/English/news-releases/news-release-details/2024/Wells-Fargo--Company-Declares-Cash-Dividends-on-Preferred-Stock-f603ec4d7/default.aspx

by
| 410 views | | 1 reply (August 18, 2024)
Post ID: @OP+1u2x4FuN

Laptop Question

I worked in CT. It's going on 90 days since I left and they still haven't send me a box or message to pickup my laptop. At this point I suffer mental trauma everytime I look at it. I have a new remote job at the same rate as inspiration for all... — read more 

Manager's False Valor

New tech manager with no domain knowledge is claiming successes from previous manager. Were is this cr@p going to end. Makes me sick to have to listen to this.

How were “core” locations chosen?

Curious if anyone has actual insight into how the core locations were chosen for each LOB, because some of them really don’t make any sense. For WIM, Salt Lake City is a core hub, but we have a very minimal presence there. I don’t think I have ever... — read more 

One Wells Fargo

What happened to one Wells Fargo? Or was that not under the new Chase management? They want to say one WF, but yet, we are in different core & speciality markets. Your site is a core site for one LOB & its exiting all other LOB’s.

More Than 20 Makes You a Target

More than 20 tech years of service. Always meets or exceeds. 2 gold coins and many awards. Now my new Indian manager thinks I need to go. Said I sould retire. Total toxicity.

In banking for more than 12 years, ready to leave

Different banks. I’ve seen it all. Banking has been going downhill fast over the recent years as a desirable industry to work in. I know of many cases where college educated people in different banks are paid less than non-college workers in... — read more 

by
| 702 views | | 1 reply (August 15, 2024)
Post ID: @OP+1u1j1yE5

Charlie & Friends

Is the current management really doing anything great? Couldn’t anyone come in & lay off everyone & offshore jobs? And cut everything? Saw it all coming back in 2019.

Medical Accommodations

Rumor has it they are re-evaluating all remote medical accommodations. Does anyone have more information?

India titles

Why is it I have a lowly BEC title and people in India have higher rated titles when I have much more experience and are training them? When I am fixing their work. I mean why do I have to explain Boise is not a person but a city? Yet they have... — read more 

Yeah

Something fd up when you live paycheck to paycheck after 20+ years at a BANK, never got a good raise after 2008! I think it’s time I get out of this banking industry.

WARN letter

https://data.usatoday.com/see-which-companies-announced-mass-layoffs-closings/wells-fargo/co-2024-00042/

# of Employees

Why is there over 98,000 employees under S.P in operations? Doesn’t seem to be spread out evenly & fairly.

Exec team has severely miscalculated offshoring

11 years of working remotely with 5+ years of being told I'm in a targeted group. Then the scripted call earlier this year saying I may be affected by location strategy in Q3. You'll understand my skepticism, particularly after the last round of cuts... — read more 

401k AND SEVERANCE CUTOFF DATES

Example , say your yearly employment anniversary is Dec 17 And you are laid off Oct 20. Does 401k match and severance pay (2weeks per year) calculated on day of layoff or after the 60 days. So in the above example after 60 days on Dec 20 , do you... — read more 

National Branch Network Pay Raise?

Colleen Canny sent out an email today saying “we are increasing base pay for more than half of our branch employees”. Does anybody have more details on this? What positions does this apply to? What much is the increase of base pay? Thank you,

P3,P4,P5 salaries

With salary ranges provided for various job levels at the bank, how much is HR going to offer candidates whether it is an internal transfer or external candidates?. How much should you negotiate for?.

by
| 650 views | | 5 replies (last September 11, 2024)
Post ID: @OP+1u0FrBqH

Opinion 8/20 response

Can not confirm or deny Sounds like I’m out. Only been here a short time. Midwest remote location

Re-org, 1 Year

If a re-organization occurs and someone reports to a new manager, does the one year (you know...the blessing of posting for other positions after one year in a position) start over?

In office time- saturdays?

If we normally work Monday to Friday but come in on a Saturday to catch up on work, does that count in reporting for a day in office?

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

: