Microsoft says meeting time has TRIPLED since 2020... Typical workers are spending 57% of their time communicating [meetings, calls] with others... To quote them: 'Today, knowledge work is, quantitatively speaking, less about creating new things... — read more 

Most directors are very nervous. The easy days of sitting through RCSA workshops to mindlessly monitor conversations are almost over. Most are not needed. Most do not understand the enviornment. Most backgrounds do not align with our future. ... — read more 

Earning release is bad. Stock is crashing. WFC is going to execute location strategy in faster pace. Your day has come.

Just curious what others view as a safer environment from layoffs, an enterprise function role or an LOB role. Pros and Cons to both. Feels like enterprise groups are seeing a bigger impact these days. Thoughts?

Does anyone know if Sales Practice Conduct Management laying off investigators and intake on Tuesday?

It took one of my former coworkers nearly six months to find a new job after he was laid off at the start of the year. Knowing how bad the job market is makes me even more worried about being laid off. My stress levels skyrocketed since I learned... — read more 

You can be fired at any moment, and managers will pull the trigger if they feel so based on the metrics they have access to. This happened to me on Wednesday... It was a quick conversation... she told me that my metrics were not good and that... — read more 

If we assume that inflation is about to go back to normal, leading to lower interest rates and tame prices and a return to pre-COVID inflation levels... how would such a situation impact the decisions made by executive leadership regarding... — read more 

Jamie is coaching him so very well, the magic spell and full control of the board continues. What else to say...

"Still, Wells Fargo remains shackled by a $1.95 trillion asset cap that prevents it from growing until regulators deem it has fixed problems from a fake accounts scandal. The bank still has eight open consent orders after the U.S. Office of the... — read more 

I was displaced on 5/28/24 and currently on my notice period, so this might be a moot question.. today I got an alert in Teamworks that my mid-year review was completed. I was curious, and checked. In all areas there was a comment: "Employee was... — read more 

Wells Fargo stock was falling as investors digested an update on the bank's net interest income outlook. Shares were down 7%, on pace for the worst post-earnings decline since January 15, 2021 when shares fell 7.80%, according to Dow Jones Market... — read more 

On my own. Didn’t wait to be laid off and get severance. I figured at one point that this job and industry in general isn’t for me. I completely shifted gears, went for a much smaller and cozy company in an entirely different industry. I’m paid well... — read more 

Predictions? Stock up 4% Stock down 4% Stock stays unchanged.

I got the call Tuesday AM. I was ready to go and feel a lot of relief. WF was great to me for many years but my whole new management chain was from JPM and they are just not fun to work with. They also don’t seem to be the saviors everyone wants them... — read more 

Open your eyes people! Charlie is simply downsizing Wells Fargo so that when he takes over as CEO of JP Morgan, he’ll be able to buy the brokerage business for pennies on the dollar. Buying the bank may also be in his sights.

In the upcoming earning release Wellsfargo will announce big layoffs. Have your strategy ready.

After losing too many good ones, our error/failure rate went from 1% to 25% in past year. The offshore hires and new domestic employees obtained through re-orgs are looking at everything with a fresh set of eyes and are very green. Ignorance is... — read more 

Beyond leadership and stock owners' bottom line, what’s really the point? It doesn’t seem that individual performance matters. Nobody cares about mgmt competence. Nobody is proud to be a part or a lead of a successful team. Nobody is trying to make a... — read more 

Now in spite of being in my job for 5+ years a re org has set my clock to 0 months workday. New manager is terrible and he gets notified of every application and has the power to approve or reject my application. So frustrated...I hate workday

I've been in IT for 25 years and have been laid off 3 times. I anticipate being laid off a fourth time here due to "location strategy". My first layoff was in 2009 after the company I worked for was purchased by private equity and they canceled our... — read more 

I'm all for holding the bank accountable for what it does wrong, but in this case, I really don't think that customer stupidity should be rewarded. I'd be embarrassed to sue for something like... — read more 

I saw this on LinkedIn. I'm not a member of LinkedIn, but was looking on LinkedIn with a friend. I like this quote, but honestly I am scared because so many people will be applying for jobs. Everyone says the job market simply is not great right... — read more 

Where is the IT office of WF in Dallas, Texas ? Down town Dallas / Plano ,TX / Irving, TX

Any numbers on the home mortgage layoffs? I Know a few that were let go yesterday

Michael Bloomberg recently donated 1 billion to John's Hopkins Medical School. That donation allows many students to attend that prestigious medical school for free. Think of the enormous value that donation brings. Meanwhile..Charlie Scharf... — read more 

Get invite to a quick call yesterday morning to let you know you are done, quick shut off and you are done. I love it when they tell you, it is nothing personal, you are great, but it is business decision. our group got sla-ghtered and let go of... — read more 

What's up with the All Team Call on July 19th. So much speculation, anyone have any realy answers?

Woke up this morning to a random 20 minute conference call meeting invite with 50 other GTM people. HR is also on the invite, so I’m assuming this is it. I suppose I won’t be doing anything else for the next 4 hours.

Ah I too miss the good old days when those who were older and had experience could finally make a good living, use their years of experience to lead important work and give support and guidance to the younger folks. When I was young, I greatly... — read more 

Wells Fargo has downsized its Wealth Management division, affecting the National Wire Team. All of the initiators were laid off except for one associate. The layoffs occurred on the same day as a promotion. One associate had just returned from leave... — read more 

Is this the new normal? No more one or two major rounds per year, but instead regular layoffs on a monthly basis?

I heard of 2 people who were laid off from Barnhart center in the estate care center under operations. Anyone else?

As the dust settles after today’s layoffs, it’s opportuone moment to reflect on critical nature of our role in the risk fucntion. I can’t help but notice that those of us who are still here have consistently demonstrated our commitment to... — read more 

Lately a lot of folks in audit are leaving especially at the AIC level and not giving two weeks notice. What happens if you do not give two weeks notice? Are you automatically not eligible for rehire?

Or are there layoffs elsewhere as well?

The next rounds of layoffs just started. I was just displaced in COO this morning.

This question is for those managers who have had to let go staff. How much advance notice do you get that you will need to displace someone? A day? A week?

A month ago a manger sent notice that one team member is going on retirememt. We were all notified on Tuesday non-paying week. The retirement was to take effect beginning on that date. Two weeks ago - another manager did the same. He notified the... — read more 

Has anyone heard about operations centers closing in the future? Shoreview, Oxmoor, etc.?