Designed to drive attrition. Managers are asked to fabricate aka calibrate reviews to drive out higher compensated employees in non-hubs.

https://www.wellsfargo.com/about/corporate/governance/kerrins/

Heard through the grapevine that Sioux Falls is no longer on the list of locations being closed. Anyone have any insight?

I am currently a P4 but not feeling good about the position I am in. There is a P3 role req open that I am interested in. Would my current salary decrease if I switched roles? Or would it stay the same similar to a lateral move. I'm not looking for... — read more 

How much saved up as a single guy to not give a single sht about getting laid off or not? 400k good?

Because many of them … can’t … or won’t? (Either) from one who has done it successfully elsewhere. They want to micromanage or tear your drafts apart for no real reason? Ask them three questions for every one of theirs and then ask for a meeting... — read more 

does anyone know the onshore vs offshore numbers for Wells, BofA, Chase, Citi, Truist?

I came into work today and was told that the company has re-evaluated the pay and I will be receiving $1.35 more an hour. Has anyone else had a similar situation?

Posting this again because people are not getting it... We have too many employees.. Our revenue per employee is $315,653. Compare this to: Citi - $ 352,829 Bank of America - $472,697 JPMorgan - $595,886 Morgan Stanley -... — read more 

Am joining Union. You should as well.

What would happen if there was a drastic decrease in participation to the employee survey? It can’t be worse than their non response to honest feedback. I hope everyone just ignores the survey. Its a waste of time.

I can't be the only one being driven slowly insane by the dissonance between location strategy being used as rationale for the largest layoffs I've ever seen in my time here, and managers at the same time cheerleading the value of working together in... — read more 

Should we take the lump sum? What's the down side?

I am interested in applying to this job internally and was wondering if I applied for it on workday, would my manager know that I am looking for another job internally? I am afraid if I apply and don’t get that job that would give my manager a... — read more 

Game is about to get real. 8/20 will be a massacre. Mark it.

It will be the biggest wave ever.

WAVE2 for Tech is August 20th... These will be no notice layoffs. That is, you will show up to work, a meeting invite will show up on your calendar at some point, you will join the meeting and will be told that it is your last day. Access will be... — read more 

been at Wells Tech for 7 years, and I’ve never encountered a layoff situation like this before. I rely on this job to provide for my kids. What are my options?

Can anyone comment on location strategy wave 2 under TK/Bridget - when will it be complete? And then, is that it for the year? Location strategy only, not efficiencies. Thanks.

I know couple people who volunteer for layoff and were laid off. But I read on this forum many times that you can not volunteer. They indicated to their manager if layoff come up - they should choose them first. However, my take is even if they do... — read more 

I have worked with some Sr Lead Data Mgmt analyst and can barely prepare PowerPoint slides, write any excel formula or do data analysis. I just see them to be a low skill PM whose sole job is to schedule a meeting and send notes. Most of these folks... — read more 

The management teams of Wellsfargo are deeply corrupt, conspiring to intimidate those who are not within their inner circle. They are long-standing folks who bully newcomers. It has been Wellsfargo culture for decades. To truly reform the company it... — read more 

I was speaking with some co-workers about performance reviews. One stated that she received an Inconsistently Meets. Per the employee, her manager told her that she tried to fight for her to get a better rating but she couldn't convince "them". The... — read more 

What’s Wells life? It is a luxurious senior livings sponsored by Americans’ deposits. Wellsfargo employees can comfortably retire.

Remote engineers are panicking. The organization has become a Hollywood movie industry. Everyday you see remote folks pretend hardworking. Email flooding with no significance. Folks continue pretending and faking.

To all of my tech brothers and sisters, do not despair. You have location strategy coming plus maybe a bonus round in January. Hang in and make them pay!

I know hiring and firing is the easiest way. But this whole place is such a mess, with so many needless procedures and paperwork, barely competent mid management (who also love to breathe down our necks as if they have nothing better to do - which... — read more 

I thought that it was weird to get an email from her almost 2 weeks ahead of her starting date. I’m not sure what to think about it. Sounds to me that she already had a plan of actions and will not spend much time on getting to know her new... — read more 

Is there really no other way Charlie can think of to improve our numbers? Is he really a one-trick pony who only knows how to get rid of people to make the numbers look good for a quarter and then he keeps repeating the same move over and over again?... — read more 

Well just made the press. Or I just read it. Good for him , since he wasn’t given an opportunity here it’s good he got a CIO role elsewhere. Hopefully Truist isn’t so bad that it churns and spits him out. I am sure there are folks he will take... — read more 

I was a P5 and then displaced in May'24. Mid year review was inconsistently meets (no brainer as I was already displaced). I am rehired as a P4 now. Any chance I will get any Bonus this year? or is it lost cause?

https://www.msn.com/en-us/money/companies/jpmorgan-chase-is-giving-its-employees-an-ai-assistant-powered-by-chatgpt-maker-openai/ar-AA1ovVGm I heard tech was affected and that this was given to TK to do.

Was recently let go, my notice period goes through 9/30, the displacement paperwork said you are eligible for bonus, but realistically, I am wondering how many ended up getting a prorated bonus?

Not a good sign

Hearing that they are keeping Sioux Falls as a hub, can anyone confirm? Also, does this mean they will be hiring for jobs now that they basically lost everyone????

The financial analyst program people (hired interns basically) make $77k per year their first year out of college! In my group they have zero value add, and truly make us zero money. This is a two year program where they get paid to learn, so the... — read more 

Anyone?

There are no explicit directives. That would be illegal. They do, however, measure managers and orgs by tenure and seniority. Targets are set lower to drive behavior. It’s been this way for years. It’s hard to eliminate someone for cause. But it’s... — read more 

The world - SE coast is seeing Armageddon like flooding, TS Debby sets her sights on Charlotte. Charlotte has gotten 3-4 inches of rain already overnight. Stay off roads. Flash flood warnings. Wells Fargo Management - make sure you get your three... — read more 

On an AMA for a departing leader. This person was asked what they'd do differently if they were just joining the org. The answer was total BS and I was asking my self why the f**k they weren't doing this in the years they've been here - these... — read more