I heard all California collections gone first week of April.

Just heard another consent order is going to be lifted shortly. Fantastic work Charlie.

Had a strange suggestion that management was going to reshuffle the team and parts of our group would now report to India management. Anyone else heard of this? And how did that all work out?

When will the layoffs end? Are there more layoffs coming? It would be nice to know. Thoughts???

Once we are gone, what are you going to do with your wells stuff. The lucite cubes for years of service, pins , coins. maybe box it up and send it all back once the severance is up maybe. burn it. who knows.

I can't be the only person that gets paranoid when management meets with RCSA, right? Two different areas I have worked in start working with RCSA and then layoffs and reorgs hit as soon as they are done.

I have spent the majority of my career at Wells Fargo, believing that it was about helping the company. Believing that I could make a differance for Wells Fargo. I now realize that it was never about Wells Fargo. The only thing of any real... — read more 

This doesn't happen always, but so far I've noticed twice in several years that managers who made significant missteps, one of them a rather expensive one, were rewarded with promotions. How and why does this happen? I don't know that they're related... — read more 

What they are doing in tech isn’t working. It blows my mind that TK isn’t being held accountable for this and that there is no pause and analysis of the impact of layoffs and pushing everything to the cloud is having on the stability of tech... — read more 

Too low down the chain to know anything, so please post if the upcoming reorganization will include more layoffs than what is occurring throughout the company

Anyone else noticing promotions and reassignments that make you scratch your head? Some of these chaps have limited experience, aptitude, mediocre communications, and frankly lack executive presence. What gives?

Our manager has a dual reporting relationship across two completely separate LOBs. Do us peasants have the privilege of claiming dual reporting as well or is it just reserved for the direct manager? Asking because each LOB has a different location... — read more 

I was looking at US bank but salaries were too low. Citi just seems like a sh-t show right now. Where is everyone applying?

Unless you live in a completely dead job market it’s really not worth it. I have a coworker who was asked to relocate to a hub in 2022 when he took the job, but now ‘efficiency’ cuts are hitting everyone. It’s not worth it uprooting your life only to... — read more 

Wells Fargo facing new backlash over alleged fraudulent accounts https://m.youtube.com/watch?v=7rwyNucSuWg&pp=ygUWd2VsbHMgZmFyZ28gMjAyNCBmcmF1ZA%3D%3D

All communications about Location strategy from upper management have been geared towards preparing employees for how they'd be impacted. Communications have been quite tasteful and considerate. Unfortunately, many people on this site are too... — read more 

Oh Boy. Here we go again….

Was offered a contract position at another big bank, but I am trying to figure out how Wells would find out. I am not planning to update my LinkedIn or talk to anyone else on my former team about what my plan is. I have about 45 days left for my... — read more 

Yay another meeting where we will learn nothing...

Had a call with my manager who was reading from some document or email telling me that my remote role is impacted by the location strategy. Manager could not answer any questions about timeframe and I was told that "something" could happen in a... — read more 

Aggressive location strategies followed by backfilling with Indian and Philippine team members? That’s Sharts big brain plan? We finally start getting out of regulatory scrutiny and the guy plans on upending the families who did the leg work? And... — read more 

Got our initial contact from management last week for impact of Location Strategy. Three Options: Relocate to new location (MN, IA, or NC) Commute to 1 of the above locations at your own cost 3 days/week Accept Severance Package. Happy... — read more 

Anyone know if they happening? No new hiring in a long time. Central teams are being shrunk. What will happen in Tech Controls????

Seems the admins of this site are obv biased against conservatives. Who else would remove a post that was in any way pro-conservative? It is an interesting article that shows how WF is also biased against conservatives and is actively discriminating... — read more 

I don’t know why I am even anxious about layoffs. It’s not as if any of us are going to have a career here. If I am not laid off next week or next month, it will happen in the near future anyway. The workforce became just a resource to throw around... — read more 

Basel III Endgame. Sounds like a video game. It's a real life game where the Feds want to destroy the American dream. If this rolls out July, 2025, I read international businesses will have access to small business loans that American Small... — read more 

11 percent increase, $1m+. Does anyone else get an 11 percent raise. Just one other small detail, Isn’t it nice to know that he is laying off 100s of people while he gets millions. People have to put food on the table for their families here in... — read more 

Are you aware of illegal activity, like using "Legal Recovery Set-off" to increase fee collection? Or gaps in RCSA implementation that leave vulnerabilities while time is taken to rewrite controls? What are the details about forcing people into... — read more 

Other companies can get rid of 5,000+ in a single day. It would be nice to get this distraction out of the way. Why not hire some temps to help with the HR bottleneck, rip off the Band-Aid and get this over with?

You are the C E O of the first Bank EVER to unuionize. You have created such a miserable and toxic work environment the branches have struck back and are now unionizing. 5 branches have voted to unuionize and 5 more are preparing to vote. This is... — read more 

How much longer do non-branch employees have before closures/layoffs? Any Portland metro updates?

Psycho that he was, atleast Nate was decisive and clear in his strategy. Sweet Kiker is just a townhall cheerleader bumbling with the p-m-poms.

Has DSRI location strategy been announced? Will there be layoffs in DSRI lob? Thanks for the info.

Are there more layoffs?

Kyle sent an email today finally. Three groupings 1: Strategic market and most new non-client facing positions will be posted in these markets: Charlotte, Dallas, Des Moines, Minneapolis, NYC/NJ Metro, Phoenix/Chandler, San Antonio, Salt Lake... — read more 

Looks like TL.com is more in the pocket of Big Corp than they want to admit and are removing posts for no reason. Good thread earlier today about DE&I is now gone; it had solid points about WFC abuse of the concept that needed to discussed. Way to... — read more 

I am in a non-hub location. While the location strategy was announced, I was told my role was identified for an exception. However others in my city are being laid off. So…how long does this exception last? I cannot post for any other positions, as... — read more 

How old is Ray Fischer? (Serious question) He's never heard of Imagine Dragons?

When is the next round for California COO Remote?

Am I laid off?