NC
Does anyone know when people at the West end Center (WEC) in Winston Salem will be affected by location strategy-which wave?
8 WF unionized branches
I haven't heard or seen much from unionized branch updates but I was completely surprised to learn that there are now 8 unionized branches with several more in the pipeline with votes. It would be a nice gift to see the WF unionized branch count... — read more
40 mile rule
Are there exceptions to the within 40 miles of a hub location?
Wells Fargo announces massive layoffs for 2024
https://franknez.com/wells-fargo-now-announces-massive-layoffs-for-2024/
You can never win at WF
Everything is stacked against you. The coworkers throw each other under the bus all the time. Please go & work at another company if considering coming here.
2/6 Layoffs
Numbers are in, 500 people termed on that Tuesday. Also, we're starting to see more layoffs on non-Tuesdays. Not huge numbers, 40, 50 at a time, stuff like that, but if you've been following the data it's outside the norm compared to last year when... — read more
How transparent are bosses with layoffs?
My boss has been saying as far as they know we’re safe for now and that we’re important enough to not be affected. Anyone told the same but still impacted?
Waves
I’ve heard that everyone affected by wave 1 has been notified in Technology. The real notification/displacement will happen in May. What about wave 2? Do managers know who will be in wave 2 yet?
Remote Southern California Customer Service and Collections
Does anyone know or heard anything about lay offs with these remote workers? Work is slow and there has been no conversations about lay offs. Everyone has tight lips. We all know management had to know something. Just stringing us along waiting... — read more
U.S. Employers Added Robust 303,000 Jobs In March In Sign Of Economic Strength
https://www.nytimes.com/live/2024/04/05/business/jobs-report-march-economy https://www.huffpost.com/entry/us-employers-added-robust-303000-jobs-in-march-in-sign-of-economic-strength_n_660ff443e4b083254eabe0d4
WIM and hybrid?
Can anyone share if the WIM operation group does hybrid in office/remote?
Some things just stay the same
There's one thing that hasn't changed with all the layoffs, shuffling of deck chairs and new people. Execs still make d-mb a$$ decisions based on perception and politics. You want to sell the company on some garbage product? Get in good with... — read more
What are the Odds?
For those of us waiting for the Golden Package. What are the actual odds that we will get it? A billion dollars for severance. At approx 100K per head, that would be about 10K jobs. If there are approx 230K employees at the bank then that... — read more
Is WF really the place you wanna retire from?
To folks who were laid off 2-3 times throughout their tenure but continued to apply internally, move to a hub and stay with WF, why do you want to stay here?
Why does it take five meetings to make one simple decision?
It's like people who are in these meetings are trying to justify their existence and are intentionally dragging out things that should and could be dealt with immediately. I don't have time for this cr-p. I have actual work to do. It's sad that I... — read more
SVP vs ED
What is the difference between SVP vs ED?
Glad TK can have Think Time
TK takes think time, which doesn’t seem to help her. Meanwhile she keeps thinking how many more folks in Tech she can push out the door. She is no better than rank and file and is not a real Technology Leader, not even a CIO . They are keeping that... — read more
If you get a layoff notice, how long do you have before they push you out the door?
I received a low rating this year and with made up feedback. I havn't received notice yet, but the writing is on the wall. Once you have that meeting, how long do you have, or is it immediate?
Remote employees are desperate
They are apparently worried about layoffs. In meetings, they are aggressive.
My management frequently requests that I misrepresent things to protect the organization from the regulators
He thinks he is operating within acceptable boundaries and norms but it makes me really uncomfortable. Maybe this is the old Wells management culture for those that have been around for decades but I feel threatened and scared to speak up. I tried... — read more
Can someone calculate the total comp Scharf had in 2023?
I am interested in how much he took home in total. It's probably complicated to calculate due to all streams of windfall he has here but I wanted to see if we had someone on this board who can break numbers for us? #charlie
DE&I discussions
So this is going to be an ongoing thing now in my group- we were provided a develop you course ID on transparency and instructed to review “women’s history month and national arab american heritage month” from the DE&I spotlight sharepoint page to... — read more
This place!
As members of the working class, underpaid, and representatives of the client-facing employee, we are concerned about the possibility of being laid off in WFA. It is disheartening to witness nepotism at play as they hire two Market Leaders in NY and... — read more
WARN Notification For Iowa 04/02/2024
The WARN notification just dropped from the 04/02/2024 layoff in Iowa. 5 team members laid off from the Jordan Creek campus in West Des Moines. Sorry for those team members if this is not what you were hoping for.
No job should be this stressful
I shouldn't have to be taking Xanax just to get through the day.
Applying for employment
I was laid off 10 months ago. Been applying for jobs to no avail. Guess Wells Fargo does not want to rehire anyone
One testing organization
Does anyone have any insight on the one testing organization initiative? There is ITV, EBCE, and FLIV currently that test. Is the one testing organization combining all of these into a central testing org or something else?
You get to a point in life where you have to enjoy what you do when you come in every day
Charlie Scharf
"You should never hire someone who was ever laid off"
This is a quote from good 'ol Elon Musk, someone our Leaders try to mimic. The effect this has on peoples lives is heavy. What a privileged A**hole.
Has anyone received an accommodation that is not WFH?
I am sure most people who request accommodations want/have to work from home, but does anyone know of someone who has an accommodation that adjusts their working conditions while in the office (ex. switching office locations to another market... — read more
EBCE vs. IT&V
Is EBCE basically doing the same work as IT&V but on the front line? What percentage of your week is spent in RCSA workshops? Can someone please explain. Thanks.
Let us volunteer
Plenty of us would volunteer if given the chance. Why not offer it?
Low rating before being laid off?
For those who received their layoff notice, did you suddenly get a low rating this year? I haven’t gotten notice yet, but I did get a low rating out of the blue and some of the feedback was fabricated or exaggerated!
Minneapolis Layoffs?
Anyone know how hard Minneapolis was hit if at all? I haven't heard a thing, at least no one I know has been laid off.
Is WF moving out of SF, layoffs with relocation coming?
Is WF moving out of its SF spaces? 420 Montgomery, 555 Sacramento, 464 California Are new layoffs with relocation coming? Spaces are looking different, lots of large groups walking the building, signage missing, new painting being done…
US job openings rise modestly to 8.8 million
https://finance.yahoo.com/news/us-job-openings-rise-modestly-141758831.html
Beware of Today's Simulated Phish Attempt
I got an email this morning, where the sender looked like it was noreply@microsoft-office365.com. It said my OneDrive account was set to be deleted due to being unused. I was suspicious, and clicked on Report Spam, and sure enough, it was designed to... — read more