TW numbers show layoffs - headcount under C.S. is down 1,100 peeps this week 4/212/24: 232,714 as compared to 3/26/24: 233,884.

I created a hotspot with my phone, but my laptop would not let me connect

Wells Fargo profit shrinks more than 7% on lower interest income (Reuters) -Wells Fargo's profit fell more than 7% as it earned less from customer interest payments in the first quarter, sending its shares down 3% in premarket trading. Net income... — read more 

All big corporations are on the expense management, offhsoring, DEI overkill, pay the execs more and workers less train Just look at the layoff homepage. It’s a Fortune 500 who’s who and all topics are the same Welcome to corporate greedy America — read more 

Markets will be happy with WF as they will potentially earmark additional millions for 2024 severance costs 🤫

I am about to resign. I work from home and the only piece of WF-owned equipment I have is a laptop. I wanted to ask about the return process for this equipment. Do I need to visit an office (the closest one to me is about 60 miles away, which is... — read more 

Predictions? Will WFC be up or down 5 % after the first quarter results.

Looking to accept a position but unclear if there are time requirements for how long is spent in office on in office days. Are there requirements for this? Thank you in advance

Over 80K employees in India/Phillipines. WF has been pursuing this for the last 2 years. "It was inspiring to see Karoline and her entire leadership team in India. This is the first full leadership team visit we have seen in I&P. It was a fully... — read more 

I know 3 people who've interviewed internally and they've reached final or near-final stage. Every one of them was asked to take an "assessment" that takes 1-3 hrs to complete. Is this the new trend across the board at WF? Do external candidates... — read more 

Looks like Wells Fargo came public on a data breach, wondering which department is going to get blamed... Will it be us only? What line of business? One things for sure the CEO and his board of stakeholders are still going to rake in the cash while... — read more 

I was offered a permanent job in IT today. Should I accept it or reject it ?

Preface: I'm ready for the snarky comments too. Maybe the site moderator took it down..There was a complacent post or comment on a post how happy someone is working for WF. They were putting the rest of us down for letting the execs control our... — read more 

With all of the layoffs/“location strategy” when do you think WF will be hiring again? Seems we are becoming responsible for more and more… will there be an end in sight or is this the new reality? Genuinely asking, bracing for snarky comments.

Anyone else have a department wide career development all hands meeting? Auto Quality Assurance had one yesterday that ended up sounding like crickets. The long and short is that we’re expected to come up with career development action plans.. even... — read more 

WF management, when you lay people off, would it be possible to at least have someone, anyone, anywhere in the world, be responsible for the work of those laid off? At least I can attempt to train someone on a job that I really do not know how to... — read more 

So our area (about 500 folks) had a reorg but no layoffs. However..... they created a lot of attrition on the reshuffling, causing everyone to be uncomfortable. Most of us in this area have been with Wells for 5 to 10 plus years. Is this a new... — read more 

Or did you omit your reason for leaving VISA?

https://cybernews.com/news/wells-fargo-suffers-data-breach/

https://www.rand.org/pubs/commentary/2024/04/us-india-ties-remain-fundamentally-fragile.html

Any lay offs today? Group/title/remote or no hub?

Write a sentence about your view of the culture of internal audit dept?

The layoffs process is accelerating now until June.

Have you applied to other companies and done any pre-recorded video interviews? I have not done it yet, so I was curious if any of you have done it and how it went. Recruiters are saying that pre-recorded video interviews are becoming popular among... — read more 

Blame for any failures belongs to Charlie for getting rid of qualified testors that were not in location approved.

I was displaced end of last year, applied for over 30 jobs since January and no interviews, just letters stating I was not selected. How does someone with years of management experience receives “ you were not pick letters” instead of an interview?... — read more 

I speak for most Millennials and Gen Z…the traditional 8 hour working day of the ghost of career past is gone. would you please take some managerial training classes on managing a different generation in DU. This forced conformity will not work in... — read more 

Starting to see a few formerly remote (in hub) folks assigned to their respective offices. So have all those affected been given RTO mandates by now? Any idea when the wave 1 relo announcements will hit the non core folks?

Today I’ve checked my DU page and sure enough 3 new classes showed up that are due in May. Then I’ve scrolled farther down and saw bunch of DIE classes assigned without due date. What the >€££I-ing sh-t is that???? Before anyone starts pointing... — read more 

If you are offered the opportunity to relocate, say YES. You will have 1 YEAR to relocate. During this time, look for another remote job. When you find the new remote job, work both that job and your WF job. When the 1 year is up for your relo... — read more 

Look, we all know the company is bloated with redundancies from many past mergers, and would benefit from a moderate downsizing of some positions. But instead of rolling up their sleeves and doing the hard work of identifying where to make needed... — read more 

lookup 'surfingcorporate' on IG. good for some relatable laughs.

With the burnout of taking on more work without backfills, location strategy which would require employees to move their whole family to a random state, and RTO for people who have been working from home for years (only to return to locations with no... — read more 

Labor is short across all markets and hiring is hard and any role posted always managers find it hard to fill from core hub. Location strategy will force attritions and reduce headcount drastically..it makes sense to use this for lines of businesses... — read more 

The best thing that could happen to a Wells Fargo employee is no longer being promoted or getting a significant raise and a sizable bonus. No, the best thing that could happen to any of us is to find a new job and quit. That's the only bright future... — read more 

I read this elsewhere and wanted to know if it's true: "[I]f your severance is at least 60 days then it is considered to be in lieu of WARN. WARN isn't really meant to give you supplemental severance it's just to prevent companies from letting you... — read more 

For those of you that worked from home either hybrid or permanent and were laid off, what items did they make you return apart from your computer/laptop? What did that process look like?

Is Texas the only state with two core locations? Curious to know why there are two locations in Texas and when I asked my manager about it they said they did not know. I know they are building a large campus in Las Colinas and it seems strange they... — read more 

https://www.nbcnews.com/business/economy/immigrants-are-helping-us-job-market-grow-without-affecting-inflation-rcna146570