Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Severance pay - Lump Sum

I am thinking about receiving the lump sum. It says it could take up to 60 days to process and that they would not process it until after your 60 nonworking day period. Has anyone had experience with this? Does it take that long to receive a lump... — read more 

Maternity Leave and Layoffs

Are there any legal avenues to seek if I get laid off right before or during my maternity leave? I’m expecting my first child next month and feel like they will be coming after me.

DAYS and HOURS in the office being tracked

It's not only the number of days you are in the office but how many hours per day. Reports are being run with that information and have been for 2 months now. People who are not spending enough time in the office are subject to being written up and... — read more 

CB Intern Locations

Commercial Banking interns are located in many CB non-core locations including San Diego, Denver and Seattle yet I cannot apply for or be hired for future roles in those locations or continue my employment for much longer in one of those locations... — read more 

India employee appreciation

LinkedIn posts show a very different employee appreciation versus stateside lol - we got nothing here but I’m in a non hub.

I want to "work smarter, not harder"

I work 70+ hour weeks and I'm tired of it but I'm so scared of being fired if I say no to any of it that I just keep doing it. My boss is an a--hole and I wouldn't put something like that past him. So much of what I do is not my job but I got stuck... — read more 

WIM Allegations of Misconduct and Fraud

According to a Bloomberg report citing disclosures filed with the Financial Industry Regulatory Authority last month, allegations include: Mouse jiggling as fake work, Fake interviews and hiring practices, High corruption involving the sale of... — read more 

Commercial, from 3 to 4 days in the office

Most if not all of commercial, have gone from 3 to 4 days in the office beginning around Fall or early Winter. How are you holding up? Or is it not that noticeable anymore?

Wells Fargo should go back to being Norwest Bank

Preposterous? At first -- you bet. Remember it was Norwest Bank that purchased the struggling Wells Fargo bank. It changed its name. It may be time to reclaim it. What good is the Wells Fargo brand? How tarnished is it? Has Wells done anything... — read more 

PSA: you can freeze your Work Number info

There are other such bureaus too but they are the biggest. I don’t have the details, but some states may give you more power than others. You can always unfreeze later. Might be useful if you do t want to drive an Uber or do odd jobs during your 60... — read more 

Offboarding

How ironic is that the HR reps processing my offboarding are all from India….

Final Paycheck Question

I noticed that my final paycheck posted today on Workday, pre severance, and includes PTO. However, the funds have not hit my bank account. I understand that money paid before a pay date is considered off cycle. The processing takes longer and the... — read more 

Firing for using mouse jigglers

Mouse jigglers' pretending to work fired by bank US banking giant Wells Fargo has sacked a number of employees following claims that staff were faking keyboard activity to fool the company into thinking they were working when they were not. It is... — read more 

Move or Charlie Rips the Chainsaw

So since next week we are getting letters to (A) Move or (B) GTFO, in my department because "every bank has a location strategy" what is everyone leaning towards? I think this is the beginning of Charlie's reign of te---r before he jumps to the next... — read more 

Town hall watch parties

I saw that many of the hub locations hosted watch parties for the town hall during employee appreciation week. Did anyone here attend one and was it lit? Unfortunately I am in a non-core location but am eagerly looking forward to relocating to a hub... — read more 

Telecommute for me, not for thee

9/27/2019: "...Wells Fargo, still recovering from a fake-account scandal caused by sales managers running amok, will let its newly appointed CEO, Charles Scharf, run the San Francisco company from New York. "Wells Fargo’s board had to know this... — read more 

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| 1360 views | | 13 replies (last June 15, 2024)
Post ID: @OP+1t1MO4Oy

This place is abhorrent

How are you enjoying “Sc--w You, Employees! Week”? I’ve been trying for a while now to figure out why I am still here, just waiting to be unceremoniously fired or for my job to be offshored. Then end up regretting these couple of years I’ve been... — read more 

How appreciated WF employees aren't.

WF CEO chose to no-show at his own Town Hall during Employee Appreciation Week to listen to a convicted felon who is barred from ever working in retail banking, the securities industry, insurance, accounting, as a fiduciary for trusts, real estate... — read more 

The optics of going to a Trump Rally

Then not talking to your people about appreciation as a CEO. I can’t unsee this sh-t, it’s abhorrent. Please release the thoughts on where we’re at.

address confirmation in workday

is there a timing correlation to getting that message in workday to confirm/update your personal information and when you get displaced? I got that message a couple weeks ago and after the Townhall today, hearing rumblings of an end of month layoff... — read more 

Layoff soon for California Remote Workers

Wells Fargo will figure a way to fire you before they need to lay you off to save that severance. There’s going to be a big shake up in August for our California Remote workers. Management already knows what’s happening they will tell you they... — read more 

Internal Audit

What is going on in Internal Audit right now. Feels like there is a secret at P5 and above.

Layoff criteria

What are the criteria determine if someone gets laid off? Is there an algorithm? What level of management determines the people who are laid of, senior manager, Director, or several layers above?

Naughty naughty

Wells Fargo (NYSE:WFC) fired more than a dozen employees from its wealth and investment management division in May after the bank investigated claims that they were faking work, according to a media report. The employees were "discharged after... — read more 

Is the media corrupt

75,000+ Americans are fired and replaced by Indians offshore, maybe another 50,000 replaced state side with Indians... zero mention in news 10 of 235,000 are fired for mouse jigglers, it's headlines in multi news outlets.

More layoffs this week?

Saw this comment about 250 peeps. Nobody around me got fired. Can we expect more this week? Or we can continue feasting in peace on this lovely food provided by our kind and understanding overlords ‘till the end of employee appreciation week? — read more 

Fired employees

With all the layoffs and offshoring happening it's funny how this is the one article the media covers in regards to employees being let go https://finance.yahoo.com/news/wells-fargo-fires-over-dozen-133711267.html

Fired during Employee Appreciation Week

Looks like about 250 people got to do the walk of shame, cardboard box of office junk under their arm, trudging past their colleagues who were busy stuffing their faces with cheap junk food. So much Fing appreciation. FHY.

Jensen Huang: Ditching Meetings for Agility at NVIDIA

Nvidia is the most successful company this decade are these one-on-one meeting rules. Gemini summary https://fortune.com/2024/06/12/nvidia-ceo-jensen-huang-meeting-rule/ Summary: NVIDIA CEO Jensen Huang prioritizes efficiency and avoids unnecessary... — read more 

Accountability

I was fired for accountability. Due to wells fargo’s never ending system issues. Reported, screen shot, & emailed EVERY ISSUE. Manager said he didn’t know what was going on. Didn’t hesitate to fire me though. It was a ticket put in for our entire... — read more 

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