Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Severance package info?

Anyone care to share the severance expected? We are out at Barnhart within the next few months. Would this be a lump sum check or monthly payments?

Non vested stock bonus at layoff?

What happens to your non vested stock bonus awards at layoffs- do you keep just the vested or you get to keep the rest as well. Do you still have to pay any for the vesting period to cash it? Has anyone impacted dealt with this?

COO Control ORG Mass HITS Continue!

Appears the Control Org is taking mass hits with continued layoffs each week and word on the street is Senior Leadership is now saying the org is top heavy which they have informed existing employees they need to reconsider their career opportunities... — read more 

layoffs at NJ locations?

As Firm started sending communication on moving and consolidating to new location at metropark for other locations at NJ.. are we going to see more layoffs at NJ in coming weeks as part of this new location stretegy?

When is Final Paycheck

Let's say you're displaced on the 12th of the month, when is the final working date as being employed? Is it actually 60 days later, or end of the month the 60th day is in, or end of the pay period the 60 days is in?

Remote Impact: Business vs. Technology

We have thousands of Lead Product Owners, Senior Business Analysts, Business Product Managers, and Business Heads who have been working remotely for years. The question arises: With this latest location strategy, have they also received layoff or... — read more 

My heart rurts

Every other Tuesday my heart hurts for all of the wonderful talented employees that have been displaced by this company. What a tragic loss this is to an industry that can accomplish so much more with the best talent it has. Same on the BOD or... — read more 

Anyone else find LinkedIn painful?

I recently updated my Linkedin profile preparing for the inevitable and I have to say, being on that platform is torture. The cheerleading and phony positivity everyone excudes with hopes of landing a job or looking good for their boss is nauseating... — read more 

Chandler

How many were let go in Chandler?

Conduct Management Layoffs

About 10 layoffs in the Conduct Management space today. Mostly people with 'Analytic Consultant' or 'Business Execution' in their titles.

Simply a Theory

I’ve notice that as of today it’s been about 60 days since one of the last big layoffs. Now with the rumors that have been circulating about June it’s starting to make sense. I honestly wouldn’t be surprised if it’s gonna be a continuous 60 days... — read more 

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It Finally Happened Today

Got the layoff from Technology today. Others on my team impacted as well. I wasn't sure whether to believe the "Tuesday" rumors, but I guess they're true. Process went as others have described: Mid-morning meeting with my manager. He read a... — read more 

Adios

SDI layoffs happened today 4/30.

Just curious

What are the warning signs that you are about to be laid off with Wellsfargo? Do they send you a mass email to tell you? Or Do they send meeting invites first thing in the morning?

Tech worker

https://youtu.be/6PZGOzYUMh4?si=meG2zMCh6Ee5Ar_E

The abuser playbook

The abuser playbook. There's a pattern to abuse at work. Here’s how it works: Workplace bullying typically begins when one employee, who is generally insecure and/or jealous, is threatened by the competence or demeanor of another employee. The... — read more 

Sad

https://www.the-sun.com/money/11204309/wells-fargo-branch-closure-new-haven-connecticut-customer-upset/

The Workplace Psychological Safety Act

Testimony for the Workplace Psychological Safety Act (7-minute version) https://www.youtube.com/watch?v=8xULk5VI4BY The Workplace Psychological Safety Act is moving forward in Rhode Island, which has a good chance of becoming the first state to pass... — read more 

Have there been layoffs in COO or in controls?

I frequently see WF listings within COO, as well as controls-related jobs. Have there been heavy layoffs or high turnover in these areas? Can anyone tell me what the atmosphere is like? Any insights are appreciated.

Unions at WFB?

Would that make a difference? https://www.charlotteobserver.com/news/business/article284339359.html

We made it to the front page

https://www.dailymail.co.uk/yourmoney/consumer/article-13324403/wells-fargo-fraud-victims-grandmothers-bank-denied-refund-cybercriminals.html# sad story

Wells Fargo Home Mortgage

What’s up with home mortgage they are service releasing thousands of loans every month. Reps are sitting in idle waiting on phone calls but they do mandatory overtime with 1/2 hour lunches. Doesn’t seem right. Why the mandatory overtime when reps... — read more 

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