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
Why are companies posting jobs if they're not actively hiring?
The job market is bad enough as it is. Realizing how many job postings are just placeholders is making it so much worse. What do they get from wasting our time?
Y'all better vote
An email came out today about the Wells Fargo & Company Annual meeting and voting. Pay attention. Some of the things they want us to vote for should probably be votes against and vice versa. This matters because if people don't act, the same cr-p... — read more
That's the one
Just heard Jim Cramer swoon over Charlie, "Charlie Scharf has his team in place, that's the stock to buy!" Great reminder of who Charlie works for.
Proxy Vote
Don't forget to vote. Funny how the board is for everything they suggest but against everything the shareholders suggest. I always vote the opposite of the recommendation anyway, not that it matters.
What happened to Audit?
After the scandal, we got rid of our chief auditor. We hired a new chief auditor from Citi. Within 1 month, her coverage area at Citi received a major public consent order. No action. We kept her. I am really surprised the media didn’t jump all... — read more
SVB bye-bye?
Around the anniversary of one SVB blowing up, apparently so is another SVB???!!!
WFA
It appears that Mike C, the Regional President of the Northeast, has reached his limit with the dog and pony show WFA has become. Apparently he ha decided to retire with just one day's notice.
Metropark NJ move?
is the plan of NewBrunswick NJ location moving to metropark location still there or dropped?
I don't respect a single manager here
Is there a requirement that you have to be an a--hole to become a manager at Wells Fargo?
Consequence of quitting without giving 60 days notice
Per employee handbook, directors in commercial banking and corporate and investment banking are supposed to give 60 days notice. Has anyone in these roles quit without the required notice or know what the consequence of not giving sufficient notice... — read more
Remote and severance
Hearing remote employees even those with a medical accommodation will be required to return to office. If refuse even due to a medical condition there will be no severance True?
𝙰 𝚗𝚎𝚠 𝚕𝚊𝚠𝚜𝚞𝚒𝚝 𝚒𝚗 𝙽𝚘𝚛𝚝𝚑 𝙲𝚊𝚛𝚘𝚕𝚒𝚗𝚊 𝚊𝚌𝚌𝚞𝚜𝚎𝚜 𝚋𝚊𝚗𝚔𝚒𝚗𝚐 𝚐𝚒𝚊𝚗𝚝 𝚆𝚎𝚕𝚕𝚜 𝙵𝚊𝚛𝚐𝚘 & 𝙲𝚘. 𝚘𝚏 𝚒𝚕𝚕𝚎𝚐
A new lawsuit in North Carolina accuses banking giant Wells Fargo & Co. of illegally charging high interest rates to deployed members of the military — and trying to conceal the activity. ALSO READ: Woman successfully sues Wells Fargo after remote... — read more
Did you submit your art yet?
Was that a real email yesterday asking us to send in a picture we had drawn? And a picture of a grown man with a monster he had colored? Or am I just losing my mind at this point?
It’s been quiet for Consumer Lending…
Anyone heard anything yet in this LOB?
Accommodation
Why does HR request a doctor note for an accommodation & then not follow the doctor’s recommendation?
Internal transfer for performance rating 1
Is it feasible while not on PIP yet? Or will I be flagged during the offer stage and rescinded?
It’s Tuesday tomorrow
Are we safe? Lob technology.
Mortgage
Good bye!
WIM specialty locations
What are the “specialty enterprise locations” for WIM location strategy… does anybody know?
Florida
Has any LOB identified any of our FL locations as a hub or specialty market? We have almost 8k people in the state but it never gets mentioned as part of the location strategy. Are the non-retail employees in FL doomed?
Applying internally
Has anyone else noticed the open job postings only list 1 or 2 cities? What happened to growing in other markets per the location strategy emails? Basically if you’re not in Charlotte or Des Moines you can give up your search now.
Chance of Terminatuon before PIP
I have been given a NI rating. What are the chances of being terminated without severance before PIP for performance.?
Does anybody else feel sick to their stomach every Monday morning?
I hate my job so much, but I've had no luck finding something else. I'm stuck.
EEOC complaints
What usually happens after you file one? Does anyone have experience doing this?
1/24 Layoff
Looks like 400 people got downsized. Their notification period is now over, and severance has begun. Best of luck to all that were impacted!
Proxy Shareholder vote by April
The only way to send a message to the board imo is to vote against all of the 12.board members. It might not make much difference since the employees don’t hold more then 1 percent of the total voting stuck, but at least it will send a message. — read more
DMI?
I think I'm on the hub location list for my current line of business. Just a matter of time. A contact has told me that there may be an upcoming opening in Data Mgmt and Insights that could work. Not sure if it would be mid to high staff or mid level... — read more
Before anybody asks
Yes, there will be layoffs next week.
California Collection Home Mortgage
Has anyone heard of any Lay Offs with Home Mortgage. There has been 1000’s of service released loans. Just wondering when the lay offs are going to begin? No one is talking and the California Collect Team are all remote.
Instructions for internal vs external hires?
Is anyone else getting guidance from their managers, or HR, to prioritize external candidates that have not worked for wells in the past?
Where is everyone applying?
Are you exiting the banking industry going back to school or retiring etc.? I’m hoping the job market is a bit better in 2025 but have started looking.
Please be careful what you post on Glassdoor!
https://arstechnica.com/tech-policy/2024/03/glassdoor-adding-users-real-names-job-info-to-profiles-without-consent/
Where is the plan Chuckie?
You allocated $1B to severe employees based on a location strategy that has been in the works for months if not years. How hard is it to spell out to the lowly worker bees by LOB exactly what you have in mind? While you may save a bit in severance... — read more
Medical coverage once laid off
For those not yet at Medicare are, and don’t have a spouse where you can ride their plan. How much are you paying for individual medical care in your laid off post wf life? Any tips ?
What's up with the voting buttons not working?
No ability to vote nor see up and down votes. I just see the animated thing forever.
Post Severance Not So Good Either
Completed my 10 month severance period some months ago. I came back here (nothings changed) to give a warning to the legacy Wachovia people who get displaced. Change the checking account you are getting your pay sent to and close it during the... — read more
Don't be angry with Charlie; be angry with the board!
Well, don't be angry with JUST Charlie. Remember, the board members were the ones who hired him, and they all knew EXACTLY what they were signing us all up for.
Wells Fargo Overcharged Military Members, Suit Says
Wells Fargo was hit with a potential class action Wednesday alleging that the bank violated federal law and broke a program's promises by overcharging active duty military members in fees and interest while trying to hide the... — read more