Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Good Luck Everyone.

This site is such a joke. There is nothing factual here just a bunch of people with too much time on their hands. We all know what the future will bring and there’s nothing That’s going to change it. Just be happy and move on with your life. Just... — read more 

M6 Salary

First time seeing a salary posted for an M6 (Chief Comms Officer). Talk about a nice range: $276,400-$645,000 Some of the bullets for the role are priceless (Seriously? You need to call these out for a professional C-suite exec role?): Has an... — read more 

Location strategy for Control

Anyone has any idea around the location strategy for CSBB Control? We were already told that Sal’s plans don’t apply to us.

Internal application etiquette

Hello. Was wondering if anyone has ever reached out to the recruiter for internal postings to follow up. I posted for a position about 3 weeks ago with no update and I’m not sure if following up is out of bounds so to speak. Thanks in advance — read more 

Recently laid off

I was told I'd be given 60 days to find another job and if I failed to do so at the end of the 60 days and then severance would kick in. I'm in the 2nd week of my 60 days, if I found a job next week, does that mean I wouldn't end up getting a... — read more 

Recognition Award Points

I still have 52,000 Award points left. I wonder if I can use the points for food stamps when I am displaced?

FRESH OFF THE PRESS

So while many thought this week would be the big reveal of who is staying and who is going this is what I learned. Note I work in two HUB cities so this information has been gather by both SF and NC insights. ) Big push is coming April. One... — read more 

WARN Notification For Iowa 03/19/2024

The WARN notification just dropped from the 03/19/2024 layoff in Iowa. 13 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.

ECR Locations

Complaints and Remediation: Core: CLT Dallas DSM Minneapolis NY PHX STL Salt Lake San Antonio Specialty: Philly/DE Raleigh Roanoke SF Deferred/non core: Sioux Falls

It is like being on the Titanic

Going to work everyday at Wells now feels like being on the Titanic life boats, while everyone else around is on the water drowning. You might be safe now, but might not survive. 😫

Just another Consulting firm run by McKinsey

Some Someone (PS), an Exec Leader of Strategy gave a career progression speech in front of 415 employees advising the attendee who asked “I lost my entire leadership team due to the displacements with whom I had built relations for decades, how do I... — read more 

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| 1240 views | | 1 reply (March 21, 2024)
Post ID: @OP+1rEOrnt9

Do we still have a mortgage business?

There was a big push a year or so ago to hire appraiser's and trainees to get certified. Are there any left? Do we have any review appraiser's left? With interest rates remaining unchanged and mortgage applications in the gutter, do these people... — read more 

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| 940 views | | 4 replies (last March 21, 2024)
Post ID: @OP+1rET2Ope

Relocation year

Who else plans to use their relocation year to quiet quit and search for a new job?

Hint hint hint

One of the most annoying things about working at WF is the constant effort to figure things out by observation. Put clues together, notice patterns and try to stay on top of things. In the past there would at least be anchors, something you could... — read more 

Later Wells…poke the bear enough and ultimately this high achiever looked elsewhere and found a ki-ler gig for more money and less BS

Wouldn’t have even looked if they hadn’t taken away many of our non-monetary benefits (WFH 2-3 days a week, snacks, offsites, catered lunches, happy hours) and lowered our target bonus. When I looked I was surprised to find out how under... — read more 

AMA it p.v

2025 calls for all products to determine AI capabilities- but when asked if ai poc infrastructure was in place - he skirted the question and started talking about gcp. Let’s line up the joker from Batman as next ama’s speaker

How can they expect us to be productive?

We're constantly in fear of being laid off. Every single week, if not every single day. And we're supposed to hold our heads up and be productive amid all of that? How?

Financial Crimes hit

Financial crimes employees not in a Core location were told today move to a Core location or you will be laid off. No timeline given. Employees in some of the secondary locations listed in DF email yesterday were included in the pending layoff.

Wells Fargo Workers are Unionizing Across the Country

There are many of us Wells Fargo Workers currently unionizing with the Communication Workers of America (CWA). I am a remote employee who’s job is going to India. We have 6 branches unionized in the last 2 months with 4 more holding their elections... — read more 

Will it continue today?

What are the chances of more cuts today? I'd like to think it's over for this week, but something tells me that's just wishful thinking.

WTF

When posting here would it be possible for folks who comment they were laid off to provide specifics as to what team and their role?? Does anyone have any insight, any whatsoever, about folks who serve in client facing roles like relationship... — read more 

Return to office - HUB locations

The reasons many businesses want RTO is the localities give the company HUGE tax breaks to have business in their city/state. If they don’t create jobs, etc for their local people those tax breaks can be clawed back. How much of a tax break is WF... — read more 

When will this end

My boss has been coming into the office, but not enough. We are on a four-days-in-office week. My boss probably works two full in-office days in those four days. My boss has made it very clear to us that we are to badge in four straight days and... — read more 

Veterans

They do nothing to retain veterans ! They advertise everywhere they do but I am a veteran and got laid off. The person in the VA department said they don’t do anything like that! Like what? Keep veterans employed? Exactly!

Most anticipated audit townhall

Tomorrow has to be the most anticipated Audit town hall meeting in some time. The Denver office closure is probably the worst kept secret at this point along with the influx of I&P employees in our “third line of defense”

Risk Location Strategy

DF just released the locations for risk Core: Charlotte, Dallas, Des Moines, Minneapolis, Phoenix, St. Louis Specifically: Boston, Chicago, NYC, Phl/Wilmington, SF Bay, DC

No substantial layoffs as expected

This site is full of liars and fearmongerers. It’s after 1pm and nearly NOTHING (sorry, Boise). Stop with all the lies and scaring people!! Everything is fine

Displacements in Boise

I don’t have an exact count but the Business Banking Group Collateral Monitoring team got displaced today. I think there were a few other BBG team members also let go.

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