Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

401k once severed from Wells

I’m pretty certain my days are numbered here due to location strategy. I’m curious as to what others have done with their 401k accounts. Did you just leave it with empower? Is there a better way to manage it? I’m close to retirement anyway and I... — read more 

Reason #666 to Love the Well Life

Job insecurity Harassment and coercion at work Being forced to drive past wells fargo office buildings to get to your assigned office. Be forced pravda all day. Being told the Soviet style work camp in NC and TX are the place to be . Even when your... — read more 

Listen Up

Most of the comments here are rubbish rumors. People enjoy making up dates. If you separate from these lies you will soon forget. Coming back to read this rubbish is shocking and almost a joke. Please don’t let the rubbish on this site to impact your... — read more 

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| 1410 views | | 13 replies (last March 20, 2024)
Post ID: @OP+1rCN8adJ

Totally transparent

I will be totally transparent in my 28 years. This is the most aggressive changes I’ve ever seen. Get a new job if you don’t have a year severance!

Customer svc

Hello everybody today I called HR to complain about the vending machine being out of skittles and some woman from India put me on hold and made me listen to Kenny G. How you going to put this on hold?

Welcome to the Circus

Just remember all of you folks being laid off due to "location strategy" and or being required to relocate, that your high N mighty CEO took a $20+ million a year job and wouldn't relocate for it, and the Board didn't make him. Munger and Buffet at... — read more 

Tuesday 3/19/24

I can hardly wait for tomorrow. Sadly, I don’t believe it will be my group yet but perhaps in the following quarter. Either way, it’s getting exciting because we are getting closer to our release into the wild!

50 wallflowers under Derek Flowers

They grow in dark and mouldy places under Derek. Thousands of our colleagues live to meet their nonsensical policies. Most of them have never worked in the business and have no idea of how the practical world functions. They have built processes that... — read more 

Where is our heart-y surprise?

I was promised a heart-y surprise for employee appreciation month. Still waiting for it and feeling less appreciated by the day.

Mortgage?

Is Mortgage done with layoffs? Anyone know what the LO comp plan changes look like?

It all seems so wrong

The dismantling of so much to support yet another light in NYC's skyline https://newyorkyimby.com/2024/03/wells-fargo-begins-retail-to-office-conversion-of-20-hudson-yards-in-hudson-yards-manhattan.html

Happy Monday

Have a great week my friends.

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Post ID: @OP+1rBA55ZB

Wells Fargo only cares about the bottom line

I have been with Wells for over 25 years and this entire relocation strategy is just a smoke screen to justify getting rid of a lot of employees without having to pay a severance. If you are slated to either relocate or have to now spend 2-4 hours on... — read more 

Enough with fearmongering

Since when did it become expected to have layoffs every Tuesday? Yes, we've been having more cuts than usual but I honestly think that people who keep saying to expect layoffs EVERY Tuesday are exaggerating. I don't know what some people get in their... — read more 

Not going to make it

haven’t got over last week’s bruising. now get ready for another week of fight, to survive, don't think I’m gonna hold. Just wanna do an honest job, learn good things, share what I know, earn respect of ones i work with who are worthy of respect... — read more 

Why You're Getting a 60 Day Heads Up - WARN ACT

https://www.forbes.com/advisor/personal-finance/what-is-the-warn-act/ What You Need To Know if Your Employer Violates the WARN Act If you’re laid off and didn’t get proper WARN Act notice, you may be entitled to compensation of 60 days at your... — read more 

3/19 will be Huge

By all indications Tuesday 3/19 will be a huge layoff day. This gives Charlie a big talking point for the quarter, and the ability to say he is not done yet. This will drive future effeciency gains by prompting more resignations without having to... — read more 

Internal investigations India.

Can you imagine being interviewed on a matter by a person in India or the Philippines? Conduct Management Enterprise Investigation is displacing Investigators. This is going to be the biggest joke. “Best” of luck to you WF. Talk about consent... — read more 

Sol G money-wasting karaoke machine

For Wells Fargo Advisors peeps- how much more of Sol G's obnoxious, weird weekly newsletters where is he traveling the country forcing people to karaoke. This week was Nashville-forcing employees to get on stage and sing karaoke yet again. Next week... — read more 

Bank of India

You know it, i know, everyone knows it. I walk around the state side offices and it looks like India. Indians packing the place with other Indians. You look at all the posts, India. You look at the 50K+ in India and the thousands of postings... — read more 

WARN Database - Wells Fargo

Is this data accurate? Is it not? Work together please. https://docs.google.com/spreadsheets/d/1UDjtd3Rt-0OU-35Ykms6m45VQCLYv6wczwt79PoTZmk/htmlview

Is this a forced recession?

Something tells me these layoffs across the country are meant to force a recession. We thought the economy would cool after COVID and interest rate hikes but that hasn’t worked so let’s just can everyone. It’s no secret that companies want interest... — read more 

I'm in Technology

I'm in Technology and my manager pinged me today to discuss my future here at Wells. I was told either next month or the latest in May I will be displaced due to me remote and not near any of the hubs. I'm kinda surprised that I got a heads up... — read more 

Casino is coming to HY

Could this be the reason why they’ve invested into HY? https://nypost.com/2024/03/13/us-news/wynn-resorts-unveil-renderings-of-massive-12b-nyc-casino-complex/?utm_source=url_sitebuttons&utm_medium=site%20buttons&utm_campaign=site%20buttons — read more 

Today's Top 5 Cities on WF Jobs Board

Top 5 cities with open positions on today's Wells Fargo jobs board: Bengaluru, India (300) Hyderabad, India (266) Charlotte, NC (193) Minneapolis, MN (72) Chennai, India (58) Wonder how many employees in non-core locations were displaced this week. — read more 

Super Tuesday

Everyone ready for Super Tuesday? Looks like it's going to be significant. Charlie has got to make an impact for 1st quarter.

Formal Notification

How is everyone getting their formal notifications? I received a pre-notice on March 5th and was told I would receive a formal notification “mid-March.” When should I expect my formal notification and how will it come? Mail, email, phone call, etc?... — read more 

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