Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

CS describes leadership style in podcast

There’s a few podcast on his Shart corner section. In one, they ask him to describe his leadership style in 3 words. He said; Open, Highly ethical, and partnership Are you kidding me? Think he left out: cut throat, offshore, uncommunicative — read more 

COMFIRMATION OF TOTAL COMPENSATIONS

I just want to confirm total weeks of payment including 60 day notice after layoffs. 60 day notice = 8 weeks Standard 8 weeks serverance = 8 weeks. 2 weeks per year worked. Example 5 years of employment. 8 weeks + 8 weeks + (2x5) weeks . = 26... — read more 

LAYOFF COMPENSATION AMOUNT

For 401K match - the 6% match is based on 6% of total compensation(I.e. base salary + bonus). In terms of layoff, is the severance based only on base salary or total compensation.

Layoffs

My entire team is worried about layoffs under new leaderships, should I be worried?

Internal Transfers

Anyone know what the rules are for internal transfers. How long do you have to be in a role before you can ? How long after a promotion before you can ? This info doesn’t seem to be widely circulated.

Relocation decline

If someone declines a relocation package, will they get a working or non-working 60 day notice period?

Overabundance of "Approvals" - Major Time-Su-k

This place has gone mad with the concept of the "approval". Emails asking for approvals. Systems asking for approvals. Emails asking people to go into Systems to approve. Control, IRM, FLIV, Leadership - a cast of dozens of people need to approve... — read more 

Missing posts about TK??

Whole threads and individual comments have gone missing since yesterday - all that are gone were negative statements about TK ..... very interesting.

There is a lot of fat in a company this big

The fact is we do need layoffs. The problem is that it's not the real fat that's getting cut every week but the people who do the actual work. The fat remains and only becomes more prominent over time. That's Wells Fargo's main problem, not the... — read more 

Legal question

I have evidence that my child leave negatively affected my performance review. Is it worth it to contact outside counsel? I would normally not but the company has gotten so toxic and something like this seems so wrong that I cannot see myself letting... — read more 

Las Vegas Layoffs Wells Fargo

https://www.citynewsvegas.com/business/wells-fargo-announces-layoffs-impacting-over-100-las-vegas-workers/article_88d74ec2-4dff-11ef-91af-6b5519550ff9.html

Location Strategy and RTO now has ADA and EEOC precednet

https://www.yahoo.com/news/jury-awards-former-wells-fargo-181350732.html? “Wells Fargo continues to say what its anti-discrimination policies are. But the jury and the court plainly heard from Wells Fargo’s own witnesses that executives at the... — read more 

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| 1572 views | | 3 replies (last July 31, 2024)
Post ID: @OP+1tMVDPUS

Steve jobs in his words

About the current management https://www.instagram.com/reel/C90aqjHxnzc/?igsh=MTFodjJsYm45eHFvZQ==

Moar offshoring expected

https://www.linkedin.com/posts/bridgeto1_lifeatbnymellon-activity-7178403119888756739-kiNJ

Dear Bridget

For the love of god get rid of this agile cr-p!!!!! Please 🙏

New Head of Tech

https://www.reuters.com/business/finance/wells-fargo-appoints-new-head-technology-2024-07-30/

NEW CIO

New CIO Charlie’s stomping grounds.

Inconsistently meets for not adhering to RTO

My manager said she was forced by HR to downgrade me all the way to inconsistently meets because I had a few weeks where I could only come in 2 days a week due to personal circumstances (which I shared in writing without going into too much detail)... — read more 

Returning as a contractor.....

I'm hearing of a few of my old teammates in tech returning to their previous role as a contractor. Wage and benefits depend on the company you sign with. Would you want to contribute to WF efforts after being bounced out...even if you enjoyed... — read more 

Sham Mid-Year Review

Totally sham review, but my boss is about to be gone for location strategy so whatever! I’m hoping morale can pick up, it’s so bad right now. no one even looks at my face in my building, just really sad! Yeah, it’s like three times a week. I only... — read more 

Be strong

I am sorry, this place su-ks a-s! Just know that you fu--ing rocked it, but they don’t care! SAD 😢

Hillsboro Layoffs

Is Wells Fargo making them work the 60 days after the WARN notice?

Anyone else’s office disgusting?

So I guess there’s a policy at my office that trash cans in cubicles are landfill only and the janitors don’t take it out for days if there’s any compost in it like food or cups. The only problem is we have flex seating and people throw food in the... — read more 

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