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
Apr 2nd Layoffs Day
Who got the golden ticket? Division/position/location
April 2 layoffa
Risk will be hit hard tomorrow. If you fall under P Dominick’s umbrella watch out and good luck.
Are laid off employees required to disclose new employment during severance eligibility period or is simply encouraged?
Are laid of Wells employees required to disclose to WF of starting a new job at a different company during the severance eligibility period? From the language in the Agreement and Release of Claims document, it seems more optional than required: ... — read more
Lots of good news today for Wellsfargo employees!!!
Good news! RTO is cancelled Location Strategy is cancelled Jobs in India will be moved to US due to regulation restriction Every engineer will receive 10% raise salary adjustment Every Wellsfargo employee will receive Restricted... — read more
McKinsey offering $320K+ for employees to leave
(NOTApril Fools Day joke.) Fantastic news! McKinsey is in trouble. Work has dried up (they ckaim "downturn in sector"). They need employees to leave and don't want to use layoffs. Currently offering 9 mos. pay and career counseling if employees... — read more
Has anyone ever been denied FMLA leave?
Does Wells have any way of interfering with the FMLA process due to 'business need'? I know it's through Lincoln Financial so I don't see how they could. I'm the only one on my team that can do my job and we have a time-sensitive project coming up... — read more
Location Strategy has been CANCELLED!!!!
I personally am rejoicing in this. It does not solve all the problems but sure hits a big one. Enterprise wide communication will be forthcoming.
This is not a healthy work environment
We shouldn't all feel like we're on borrowed time. That's unhealthy in so many ways. Making sure your employees are never able to relax because layoffs are basically a daily occurrence is inhumane. Wells Fargo was never a great place to work, but it... — read more
Mortgage still doing well
For all the rural flyover country complainers on here: MORTGAGE is still doing quite well at Wells! Yes volume is down but Charlie’s brilliant strategy to AXE everyone in cheap flyover states and focus on the elite, hip markets is paying dividends... — read more
asset cap ain't going away and occ misjudged. fire Charlie.
https://dailyhodl.com/2024/03/30/wells-fargo-accused-of-overcharging-thousands-of-customers-concealing-predatory-practice-for-more-than-10-years-new-lawsuit/ Wells Fargo Accused of Overcharging Thousands of Customers, Concealing Predatory... — read more
Layoff timeline.
If you're going to be laid off has it been in the works for while or of a more last minute thing.
Accused in another ponzi scheme
WFC accused in ponzi scheme 2 days ago related to gas industry
Happy Easter!
Happy Easter everyone! Let's celebrate the real meaning of Easter, not the commercialism.
Interviewing
I'm over 50 and I don't like my chances here as long as Charlie is in charge so I started looking at other options at the start of the year. I landed a few interviews, but the whole process seems so different than when I last interviewed (I do admit... — read more
Tuesday After Payday
It’s that time again soon it will be the Tuesday after payday. Who will be on the chopping block?
Things I'm waiting for...
Where's my Heart-y Thank You that I was promised for Employee Appreciate month? It ends on Sunday. Maybe they plan on giving us something on April Fool's Day. That would be fitting, since my career has now become a joke. Where are the... — read more
Pathetic company
Sh-t shows everywhere
Indigo tracking
Our group under John Delaney and Micheal Benjamin were recently notified we are not a hub location ( Oregon). Now they implemented further tracking with Indigo forms for each account we work so they can track every single minute, including how long... — read more
Fired Americans Say Indian Firm Gave Their Jobs to H-1B Visa Holders
https://www.msn.com/en-us/money/careers/fired-americans-say-indian-firm-gave-their-jobs-to-h-1b-visa-holders/ar-BB1kIVHE TCS company generates about half of its revenue in North America, it typically employs a much smaller workforce in the U.S.... — read more
Home Lending
Anyone recently laid off from Home Lending , Customer Service or Collections?
Layoff whomever pushed VDI
VDI is the worst. Someone needs to held accountable for this disaster.
Auto Finance?
Seriously. What’s the deal? We never hear anything? You all still alive and kicking, or has Charlie paid you all a visit yet?
I wish I could make sense of this
How come it's always the managers who keep making the same mistakes over and over again, often ending up in missed targets for the entire teams, and yet it's only us who get laid off? It's never them. Who's protecting them? And why, because they're... — read more
Divisional location strategy information?
Do any divisions have an online informational resource for location strategy details? In his CSBB AMAs, SVB keeps referring to the Our Workplace page on Teamworks, but it is laughably thin. The only things posted are his January announcement, a video... — read more
Reason #101 to love the Wells Life
Knowing that you are so important and valued by the company that any day now you will receive a 60 day notice and severance. —— Drink the Kool Aid.
Excuse the rant please
A colleague who contributes almost nothing has avoided being laid off twice in the last year. The astounding thing is that each time he was able to get a higher level position last minute and is now at a Director level. The guy is known to hit on... — read more
Medical accommodation used to block career
I have a serious medical issue and was approved for medical accommodation to work remotely. I don't understand why it isn't approved for the PERSON instead of the role. Have had 2 contigent internal job offers (individual contributor, independent... — read more
Info Security
Another new senior manager arrived, ex BofA, heading up App Security placed by his manager a friend, totally clueless about anything. Managing upwards without any concern for resolving real issues. Shameful!
Why are there so many managers remote when they are managing large teams?
I see so many managers that are remote or practically remote, because their entire team is located in a different city/state than them. Many of these managers are not even in hubs. Why doesn’t the location strategy apply to them? Is it just to drive... — read more
Any former employees here with experience rolling over their Cash Balance Plan to an IRA?
I'd like to put what little money is sitting in the account into an account elsewhere (not affiliated with Wells) with more investment options and earnings potential. The documentation mentions the possibility of a direct rollover, but doesn't... — read more
I can’t help but compare the disaster that has been unfolding at Boeing to where Wells Fargo is most certainly heading.
Will lives be lost due to greed and negligence in Leadership? No. But is there an impending technology, security, risk, regulatory disaster?? I would put good money on it. “New management at Boeing drove the message that cash flow and profitability... — read more
WARN notices
Is WF even reporting these? There's a ton of WF 60-day notices happening in my state and I don't see a single Wells Fargo WARN published. Is CS toying the rules again?
Compliance Town Hall
We are so excited about the transformation while we lay folks off and expand in India and Philippines LOL What a joke!
SDI
Any word on layoffs in SDI?
Next week 10% cut :- Tech
Good luck
COO
Anyone have any information for layoff for COO?
Almost out of the $h*t show
Put in my notice this week. Hallelujah!!! Feel bad for my team I'm leaving, no one else. They now get the extra work from having to work my portfolio, but no overtime. Of course they cut your external email access the next day. If I had something to... — read more