Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Juan Gonzalez resigned

Just in Juan Gonzalez head of consumer direct has resigned. Let the ba--s start rolling. He was only one stopping mortgage from imploding

Remote in Workday

Those with medical accommodations (MAs) who are approved to work remotely traditionally have not had "Remote" listed as location (hub location addlress would still appear in Workday). My understanding is that this was done because: MA might be... — read more 

Wave station and rto

Does the wave station login count on rto reports? I'll swipe the badge but I don't want to bring my laptop.

Technology Leaders on Tour

As displacements cut LOBs deeper, retirements the new norm, and morale sinking why would leaders think it's a good time to mix and mingle in hub markets? Just learned leaders are touching down in PHX and MN this week.

3/5 Layoffs, let the ramping up begin

850 layed off on 3/5, so the trend is definitely headed towards peak domestic employee purges. About 500 were remote. Good luck to everyone that was impacted, and will be. It's going to be a mess for some time.

The bell curve will get you!

During annual review time, your manager, his/her peers, their manager all sit around a table to fight for salary increases for each of their team members. Exceeding Expectations is the new Meets, with many ARTIFICIALLY ranked as Inconsistently Meets... — read more 

From their 3/1/24 FB post

But yet we are lowly wage slaves? Such horse 🐎 cr-p.. Wells Fargo employees make a difference. The work they do every day helps our customers succeed and our communities thrive. And while we celebrate them today, we appreciate them always. From the... — read more 

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| 1490 views | | 17 replies (last May 7, 2024)
Post ID: @OP+1sno2zBi

PIP upon Layoff

Does anyone know if being on a Performance Plan or got a Needs Improvement on the annual review disqualifies them of Severance Pay?

Barnhart - Oregon

Who all is being forced to different seating and different schedules since they laid off a bunch of managers last Tuesday? Anyone know if we’re all just going to be on the same in-office schedule now? Also anyone think it’s odd that they suddenly... — read more 

May the 4th be with you…

Time to hook up the horses to the stage coach & look for a new job, layoffs continue. This is the way.

Changes/layoffs in Wholesale

Seems like more layoffs and changes are coming in wholesale. Having a tough time figuring out what the heck we are doing. Do others have concerns on where this is going?

WFA St Louis HQ

Why do they even have this site? No one goes into the office. It’s a ghost town.

Recommendations from coworkers

My coworkers were discussing the strategy to beat layoffs at Wells. One recommendation was to do just the minimum work without quitting. My coworkers and myself have confirmed by multiple sources May and June are the most dangerous months for our... — read more 

Tech Issue?

Anyone got the scoop on payment issue? Rumor has it that there were some folks let go because of Techs inability to fix problems. Any truth? What is going on?

Is my boss lying to me?

I noticed a job posting in India with my title and responsibilities. I asked my boss about this directly if this was to replace me, in which they did very briefly pause, but then explained it had nothing to do with our team, but with another group... — read more 

Our CEO protege of this Guy

https://www.realclearpolitics.com/video/2024/05/02/viral_tiktok_what_does_jp_morgan_ceo_jamie_dimon_mean_when_he_says_the_consumer_is_doing_well_in_2024.html

May 2, 2024

Maddening https://www.desmoinesregister.com/story/money/business/2024/05/02/wells-fargo-iowa-west-des-moines-jordan-creek-layoffs-announced-ceo-gets-pay-raise/73543399007/

Severance payment?

Will someone please comment on how long it took for them to receive their first severance payment after the 60 day warn notice was over? I have received payment for unused PTO but the severance checks have not started yet. Thank you in advance.

6 AM West Coast Time Conference Calls

I understand that we are a global company and there is no, one single time when we can all meet. Perhaps, given our growing presence in I&P that two calls are scheduled? One for the EST/CST and then another for West Coast and I&P? To better... — read more 

1099 while in 60 day working period

anyone know if you can work as a 1099 contractor while you are in your 60 day working period? i've seen no W2 work comments but curious about the side contracting

lol

https://newsroom.wf.com/English/news-releases/news-release-details/2024/Wells-Fargo--Company-Announces-Common-Stock-Dividend-570e3c2d7/default.aspx

Iowa WARN Notification 04/30/2024

The Iowa WARN notification just posted this morning. There were 40 souls given a 60-day notification from the Jordan Creek building in West Des Moines. That brings the total let go YTD to 132 in Iowa.

Merit means nothing anymore

Once somebody realizes what it is that secures a promotion at Wells Fargo, they either start putting much more effort into office politics than doing their job or they leave. This has cost us so many good employees over the years and it will continue... — read more 

Seeking a medical exception for quicker layoff?

I live close to a core location but want to be displaced, not fired for a BS excuse. Would a medical exception make me a remote worker and get me in a first phase for a layoff? Trying to have some control over the future. Strategize with me

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