Lots of people displaced on 6/24 in under Corporate Risk Everyone that was working 100% remote. Not given the option of returning to an office and there was no request to return to the office
6/24 Layoff
Looks like 750 people or so got downsized. Definitely higher than the usually 400-500. To all those that were hit, best of luck to you. A brighter future is ahead of you!
It’s not the work, it’s how you make the boss feel about themselves. That’s how you play the game.
There I said it
WF is being hollowed out
Talent and experience are being let go. If anybody is taken onboard, they usually have no clue. The whole operation now looks to me like theatrical scenery without substance, a front pretending to be a bank. Until it’s completely hollowed out. It’s... — read more
Manager do it on his own?
We had a recent layoff and three staffers were let go. The overall manager said that he had no choice in the matter. He had to do the layoffs and those he let go were decided for him. I wonder if my manager, who is rather high up himself, really... — read more
Tech wave 2 timing and will there be a wave 3 in 2024
Does anyone have any information on timing of tech wave 2? And if that will be the last this year like the business?
EFT Hun Layoffs
Our honorable leader in EFT keeps on laying off people in a technology hub location while remote and non hub folks seem put for now. What's up with that?
Job market after layoff
I just got offered a job for a reporting analyst outside of wells fargo, with 5 days a week in the office, 70K salary and only 10 days of PTO. If you think you wish to get laid-off, think again!!
Prepping to be replaced by India
Prepping my budget layoff. Does anyone know if your part of a small group layoff that doesnt require a WARN notice, do they still give the 60 day notice before severance kicks in? I'm in AZ. I heard they apply the 60 day notice across the board... — read more
Quality of the headcount is sinking here
Is it me or does every yr bring worse and worse headcount. Next to no skills, no banking exp, and no work effort. Worse there's zero creatime talent here for big breakthroughs, it's like a bunch of washed up golden oldies and people offshore.
New AU question...
Please don't let this be another happy birthday Holly incident.
Finally seeing how the game is played
Every decision made at the top of the house is to slowly but deliberately tighten the sc--ws, to set traps, to allow managers to build a case against employees. Need 4 people to execute a job well? Here, do it with 2, even if that means working... — read more
How executives and senior leaders should be evaluated?
What are your thoughts? All problems rise from incompetence of management, so how should we hold them accountable?
center of excellence
Question for people here..If you're moved into a so called "center of excellence" is that where you go to die? I was put into one of these. I have other job opportunities outside, but would lose my package.
Barnhart center
I recently spoke with some of the cleaning crew at the Barnhart center and they told me that they were informed by their boss that Barnhart will be closed in November and would be the end of the current contract with that building.
Anyone here that's in (or was in) Legal Services?
We are a extremely high turnover department, and demi-recently go integrated into Global Ops. It's a damn mess, and we get more work tacked on, etc.
Layoffs update
What’s the latest tally? Are we done or there’s more?
Speciality Market locations
They say layoffs will start to tale place in approved specialty market locations end of year, and this specialty market thing was made to only keep the big managerial positions there but the individual employees in non managerial roles will be let... — read more
Layoffs in Trust today
At least seven people were laid off in different areas of the Trust department today. It was a blood bath.
Colorado, Winston Salem, Philadelphia and San Jose good bye
Being removed from footprint.
Dead Wood finally let go today
Too bad managers in my department weren’t let go yet because they are the main reason why we’ve had such inefficient and lazy workers for so long. The fact that they didn’t do their work resulted in a domino effect where others were forced to pick... — read more
California COO
Just curious was there any Lay offs today with California Remote Mortgage Collection Reps?
Layoffs!
Can layoffs happen in the afternoon? Are layoffs done for the east coast today?
Who’s miffed about NOT getting laid off?
I know this is bad karma. But getting about 5-6 months completely paid vacation and then having a fire lit under your butt to find another job… it could be very refreshing. I feel stagnant in my role but I get paid too well and have too good a WLB... — read more
The Controlled Demolition of Wells Fargo
The sociopathic junta that runs this company is gutting it with layoff upon layoff with an absolute disregard for the long-term. Why? They have lavished themselves with stock based compensation and now mean to raise the stock price in the short to... — read more
St. Louis campus workspace updates
Anyone have any real information on the email that went out last week about the building updates happening Q3? They are definitely implementing unassigned neighborhood seating & virtual desktops per the email. Some teams have been told what floors... — read more
End of year?
Is today the last day for layoffs for the year? Has anyone heard if there will be additional dated for this year 2023?
Who else?
Is there going to be anymore layoffs for CSSB today? Is Jax mentioned?
Tuesday 6/25 Layoff D Day Discussion Board
Who got the winning #s today?
Managers that don’t manage
If you are a manager with multiple employees who fail to complete their work, it is important to acknowledge that the responsibility lies with you, not with their lack of productivity. It is likely that you are an ineffective manager, possibly due to... — read more
IT&V
Is this group useless?
Lay off tomorrow??6/25/24
Has anyone heard of layoffs are coming tomorrow?
So, is the 25th confirmed?
Do we know more? I’m hearing it will be across the board, but nobody is really sure.
Who are the good leaders here?
I’m asking because I’d like to find a team here that has good leadership where I can move. After two decades here and reflecting on my experiences, it’s abundantly clear that leadership is the most important factor in my satisfaction, engagement and... — read more
Why WF is failing
Right from the agile training in Develop You In agile we value Individuals and interactions over processes and tools working software over comprehensive documentation customer collaberation over contract negotiation responding to change over... — read more
Can hiring mgrs and recruiters see prior performance reviews?
My manager always includes dings in my otherwise good performance reviews. I'm interviewing for new role and wondering if hiring mgr and recruiter can see my performance review details (not just the Meets ratings). Does anyone know?