Offering realistic packages to employees . . .1 year salary + 6 months of health care. https://www.cbsnews.com/pittsburgh/news/penn-state-university-asking-for-employees-to-voluntarily-resign/

Instead of Negativity how about what am I Thankful for……

My silly fellows, Technology cut is set for 28% reduction. US displaced personnel will be replaced by Indian personnel in phases through the rest of 2024. Everything has been planned out that being said the name list have been finalized. If you... — read more 

Can't his job go instead of the tech people we really need?

Any news for Consumer Lending? It seems there hasn’t been anything of substance in months

A little birdie told me that certain controls powered by certain apps are being abandoned now that there's less regulatory scrutiny. Seems like the powers that be inside the bank don't actually care, have learned nothing, and customers are going to... — read more 

https://dailyhodl.com/2024/05/11/wells-fargo-employee-sanctioned-after-allegedly-stealing-funds-from-customers-refusing-to-cooperate-with-investigation/amp/

Please share your opinions

Workforce share is not available for employees who have already received a displacement package....so how do "they" identify people to participate in the program?

Practially everyday I run into more and more things that highlight just how f**ked up tech has become. I'm amazed that we haven't had way more outages or security issues. Apart from the typical bureaucracy that has existed for years, there's... — read more 

I start the KT training next week. If you are in Technology, be prepared, there are very few positions left in US and the ones left are moving to India slowly. This on top of the location strategy. I didn't post this to complain or cry, I just... — read more 

Looks like it’s official. Mass Email distribution today outlines that GTM will be dropping the axe in non-hub markets. Apparently some limited staffing will be maintained in a few other smaller non-core areas, but no hiring. Shocker, the American... — read more 

For core markets like Phoenix / Chandler, AZ or Technology Specialty Areas like Philadelphia PA / Wilmington DE, are we talking about just the named cities? What exactly does 40 miles from core market or Specialty area mean in this case?

Please stop complaining. What I mean by this is: focus more on the escape route and less on the negative feelings associated with the current circumstances. You know, survive. To those left, get your severance. To those who are still here, find... — read more 

How does a Severance pay stub, issued by this company, look like? I’m asking in case I’ll need to provide proof of income and an issue might arise if it’ll indicate that I’ve been laid off.

Remember when layoffs were really for low performers? When good employees didn't have to worry about it? Now it's completely different. One day you're praised by your bosses for your loyalty and dedication, and the next day your name is on the... — read more 

CS senior leadership has been jumping ship in the masses lately, is something coming that others do not know?

One of my co-workers recently had their RSA token expire and had to go through the process of renewing it. When they did they were denied a hard token renewal instead the form informed them that moving forward all Bank personnel are to use their... — read more 

Seriously?

Are there any plans to roll out aws or azure anytime soon ?

Is it true? My team been talking about that.

After years of….

I’m still shocked when I read questions on this board that are basically, “I’m remote, should I be concerned? I mean they would never get rid of me…” How much clearer does Wells need to make it. There is a location strategy and if you are not in one... — read more 

My manager said I will be given bad review mid year. He said I never listened to what he said. What should I do?

Anyone feel there’s any layoffs coming for this group? It seems like a fairly small group (I think about 90 people last time I checked) but it definitely seems to be a net loss to the bank in terms of trying to run a for profit business, which I... — read more 

I have been holding off contributing to the 401k due to the expectation of being laid off this year. If by some miracle, I am still there in October, can I catch up on my 401k contributions last two months of the year(50-100%) to get the maximum 6%... — read more 

I heard CSBB Change Management jobs are being moved to technology from the business and possibly roles will be eliminated or moved to India. Before agile these would be program and project managers. The communication is coming soon. Can anyone fill... — read more 

What is up with the recent new hire that will by a “co-head” of the CIB business. For those that are part of CIB markets is this even a real business ? I know Charlie wants to grow CIB but it seems to be more skewed towards investment banking vs... — read more 

Several members of my team were laid off in early spring with several more being reassigned to new bosses/small teams. I survived the layoff but have been reassigned and am kind of in no man’s land supporting several teams while the rest of my... — read more 

Can you tell me the approved core locations and specialty hubs for Shared Services?

So much for getting rid of the layers of mgmt…

To send out announcements of new executives being hired, yet only include a picture of himself in the announcement. Narcissism, folks!

A coworker who lost his job in February said he is yet to receive a single job offer. Luckily, he can afford to be out of work but what about those who don't have a wife who works or a safety net? This job market has increased my anxiety and fear of... — read more 

Getting training tomorrow which I’ve done all my life, like so weird! Lowest paid employee but I’ve done this sh-t all my life. Oh wow,! we’re gonna actually do sh-t normally with project management. It makes me sick! Ha🤪

40+ years in tech...designed large and small systems and have 7 systems patented under my designs..including here at WF. These people pushing Agile no matter what...need to be treated like crack addicts...they really have no clue...Agile is great in... — read more 

How high up on the food chain is an Executive Director at Wells Fargo versus other places like JPMC, BOA, or Goldman?

Has anyone heard or seen anything about the location strategy for ECR (enterprise complaints and remediation) . I know the announcement was March 21 but don’t know if any groups have been let go yet