It looks like this is the lay of the land that has been published. Are there other LOBs that have public hub/specialty locations at this point? Technology Core Locations: Bangalore Chennai Hyderabad Charlotte, NC Columbus, OH Dallas, TX Des... — read more
Meeting with title "Upcoming Org. Updates" setup for my co-worker
He is in Enterprise Architecture in core location and has a 1 on 1 meeting with title "Upcoming Org. Updates" setup for next Tuesday 9 AM. What do you all think this is for? updating all team-wide re-org changes or for a layoff notice ?
Privacy Icon
My privacy icon is popping up like crazy today.. every 15-30 minutes, way more than before. Guess I’m destined to be flushed. Pull the trigger Bei!!!!!
Location strategy. When do layoffs begin?
So with the new IT location strategy, does anyone know when the actual layoffs will occur? Will they start next Tuesday?
is it time to unionize?
I work in a non-core location that has over 500 Wells Fargo employees. The teams I work with are located all over the United States in core and non-core locations. Over my 10+ years, I received outstanding reviews, bonuses, and promotions. With... — read more
MDP asking to return mobile phones
Forgot to send in the phone —need to go hunting for the work iPhone 6 that I once had.. Are others getting this return notice ???!wonder what they were doing for last 3 years as lob moved to BYOD
Video calling
Should Employees (especially remote employees) Be Required to Turn On Cameras during Virtual Meetings? Thoughts??
SDI location strategy
I assume there is a very mechanical rollout call or email that each LOB has to do in order to satisfy any change management or legal requirements. Does anyone know if this has been done for SDI yet? Can't seem to find the formal communication with... — read more
California Remote Collections
I just wondering when the lay offs will start for remote core collection reps in California.
I am in Sacramento
What can I expect with location strategy?
The Horses 🐎 are out of the barn.
Will there be anymore layoffs? Please Executive Management let us know ASASP, so we can move on with our lives. Time to leave banking.
Technology Location Strategy Update
The rumored Technology Location Strategy Update hit today, 2/27, as predicted. No surprises on locations. Transition to this strategy “to continue through 2026.” First wave of impacts in Q2. Remote in core/specialty MUST RTO unless “they have an... — read more
It is official for Technology going forward
Technology Hub Locations Bangalore Chennai Hyderabad Charlotte, NC Columbus, OH Dallas, TX Des Moines, IA Minneapolis, MN New York City Metro, NY/NJ Phoenix/Chandler, AZ San Francisco Bay Area, CA Technology Specialty Market... — read more
Soooo
If there’s layoffs in Q2, when does that begin. 60 days prior to start of Q2? Hmmmm
Location strategy just causes more chaos and grief
I wonder what will be the net loss from disruption in workflow, incompetent mgmt incapable of putting teams together and organizing work, lack of clarity and mismanagement of RTO, reorg with so many layoffs, etc. Cost-cutting may end up being a... — read more
ECMP DOWN AGAIN !!!
ECMP down again and leadership still expects certain deadlines to be met smh
Doug Braunstein - Vice Chairman
So if Charlie needed to hire a new position, Vice Chairman, reporting to him, does that mean Charlie is admitting he cannot do the job? Is he asking the board to cut his pay? I must have missed that job positing on the web site. I wonder how many... — read more
RTO conflicting messaging
First they want us back in the office in the spirit of ‘collaboration’. Now the message is ‘ limit your time in shared spaces.’ Sit at your desk with your headset on, but you can’t just do that anywhere. SMH.
“Location Strategy allows better collaboration!”
How does it when all domestic workers on my team are in a different time zone? And the rest of my team is in India?
Paid sick days
Are all Covid sick days taken from pto?
Credit card underwriting
Laid off mortgage underwriter here. I noticed a posting for a credit card underwriter. Anyone have any experience working in this department? Seems more stable than mortgage.
Waiting for package
I find myself dreaming of getting the package so many disdain… literally hope for it daily. Anyone else?
PTO/ assigned location
How does PTO count towards assigned location? I know it counts as in office but how is it used to calculate adherence to the 50% assigned location? Or is Assigned location only calculated on the days you go in? Didn’t see this answered before — read more
I’m waiting for Wells Fargo to have their “AT&T moment” or their “Boeing moment” to expose Charlie Scharf’s dangerous cost-cutting strategies.
You can’t put all your energy in to cost-cutting, mass layoffs which wipe out years of industry experience and stretch workers thin, efforts to force attrition, offshoring, outsourcing, stock buybacks and hiring quotas which focus more on diversity... — read more
40 Mile Distance for RTO
Does anyone know how this is calculated? Google maps? A radius from the office in question?
Lay off Notices
Does Wells Fargo Home Mortgage send out lay off notices via FedEx from North Carolina.
Pto
Anyone else have their boss give them a list of dates they are planning on taking to for the year and "strongly suggest" you avoid take PTO during that time to ensure the "team" is covered?
Being Watched
Recently, my location tracker (small target in task bar) is always on. Anyone know how they would use that data? Being tee'd up for the next round maybe? I have asked others and no one else I know of has their location tracker on permanently. — read more
End of Feb
Last week of the month could be the peak. Blood bath.
Internal Audit Location Strategy!
Does anyone have any information on what the IA location strategy will look like? When will it be announced? What will the hubs be? Will there be any specialty locations? How long will the specialty locations be open if so?
Get rid of DSRI and the sham it is
They are just su-king up salaries, and adding no value to the corporation
The WF Way
https://www.businessinsider.com/bosses-quiet-firing-staff-avoid-public-backlash-layoffs-2024-2 Unfortunately, this is the way. Why not just lay people off instead of crushing moral. I know they want to reduce severance payouts but they already have... — read more
Some useful advice during layoffs
While it is tailored towards employers, there is quite a bit of useful advice for us as well. “Preparing for Layoffs: L&E Partner Rebecca Bernhard Featured on Bloomberg Law... — read more
Layoff Disclosure to our next employer?
I recently got laid off from Wells Fargo, and now I am looking for a new gig elsewhere. But I am aware that there is still a huge stigma attached to the laid-off employees. Does Wells Fargo disclose the reason for termination to our next employers?
Reason for Termination
I recently got laid off from Wells Fargo, and now I am looking for a new gig elsewhere. But I am aware that there is still a huge stigma attached to the laid-off employees. Does Wells Fargo disclose the reason for termination to our next employers?
ECMP down?
I heard that ECMP is going to be down Monday and into most of next week.
When I hear “location strategy”, my blood pressure goes up
I feel like an office chair or a table which can be tossed around or thrown away.
Wells Fargo Approach to Automation Testing: "The Neglected Stepchild Scenario"
Wells Fargo Approach to Automation Testing: "The Neglected Stepchild Scenario". Needs dedicated managers and separate wing.
CRRA exec gone
Anyone have the inside scoop on Elyssa Herman and her termination