Once again senior leaders in CSBB have different rules for their directs than rules lower level workers must follow. Location strategy doesn’t apply to Colleen and Shaun’s non-customer facing staff, even those that rarely visit branches. These... — read more
The Future
I feel bad that the bots are really strong here, but what I am going to say, is true! If you don’t live near a hub, your days are numbered! Start looking! Being honest!!
Are there any studies about the effect on local economies when companies like Wells withdraw not only their presence but their remote workforce?
I mean, think about all the small towns across America where hundreds of thousands of workers have been working remotely for years. Wells, for instance, is now withdrawing from small towns and pulling their workers into hub cities. Other companies... — read more
I HAVE FULL FAITH AND CONFIDENCE IN WELLS FARGO
continuing to F over their customers, their shareholders, and the health of the US financial system in the years to come. This executive team is no less greedy, underhanded or high pressure than previous executive teams. They are simply more... — read more
We finally know what our location strategy is for those not in hub cities.
https://www.linkedin.com/posts/scott-powell-27176310_wearewellsfargo-activity-7161530887807946752-_8Yb?utm_source=share&utm_medium=member_ios Welcome to India!
Layoffs in Technology
Information Security
California Remote Workers
Any comments for lay offs with Home Mortgage? California remote workers are all safe from what I was told. When you share comments please give a LOB please.
US eases restrictions on Wells Fargo after years of strict oversight following scandal
IT'S FAR FROM OVER. JUST BEGINNING. https://apnews.com/article/wells-fargo-comptroller-of-currency-sales-practices-scandal-d3f41b3dbab4de74462fd3fe2585d50e SUPPORT INDEPENDENT, FACT-BASED JOURNALISM. DONATE Menu AP Logo Show... — read more
Souix Falls
What’s up with leaders traveling to Souix Falls next week?
Job Level Equivalent
Is a P4 the equivalent of a M3 position? Looking to post to management and concerned that there would be little to no salary increase
TK's 2/27 email to announce Technology Location Stragety
Subsequent March 5 town hall to address the same. Managers were furnished with a FAQ, a guide to difficult conversations, office hours and a few other supporting documents to prepare for questions after the town hall. Documents make reference to a... — read more
Last paycheck before layoffs
For a thousand or two, today will be the last paycheck as fully employed. If you are looking for the call Tuesday, I hope you get it, if you weren’t looking, I hope you have been getting yourself prepared and resume updated! There is life after... — read more
San Leandro
Layoffs
Location strategy
What would happen to me as I am working 100% remote from south carolina and My friend is 100% remote from michigan? Are we enforced to go to the hubs?
BFD, so you got a consent order lifted, you still get treated like schitt!
How does WF have any employees left? Between constant layoffs, how they treat people, and all the posts on this board, I'm shocked anyone still works there! You have to be desperate for a buck, have unclear values, or just need to feed your family to... — read more
Wow he’s actually doing it!!! Charlie is turning the ship around
I’m a believer. All the legacy Wells Fargo cronies used to snicker that our CEO was never going to get the 2016 consent order lifted in our lifetimes…even though they happened on their watch But Charlie did it. He. Is. The. Man In Charlie I trust — read more
2/14 article about computer use and time tracking
That’s your sign, folks… they are looking for excuses to fire you so that they don’t have to displace you later. Be warned. They’re paying attention to the time you’re putting into Workday. They’re paying attention to what you’re doing on your... — read more
Any bets.on when Mktg.Services will move out from under Consumer Lending?
Enterprise Mktg Services should not be under a single LOB when it supports all LOBs. Never seen such non-sensical organizational chaos. KP's org is too massive to sustain, and EMS needs a more appropriate home. And please dump DivM.
Officer Titles (Yes, again)
Curious on those that just now received officer compensation titles or received an upgrade/downgrade How were you notified? When did it go in effect after notification? If you already had one and it changed, what was that communication like and did... — read more
Don't worry, be Happy!
A bird in the hand is better than many in the tree! It is best to count your blessings and be happy with what you have rather than stand in rigid defiance with the 'poor me' attitude. You are the master of your own ship, Captain. Just do what is... — read more
Pigeonholed in job?
I have been in my job with for multiple years now and my production is good. I have had exactly two pre-interview phone calls in all that time applying for different roles despite applying for at least 50. Is it a common practice of WF to pigeonhole... — read more
It's not worth it
Working at Wells Fargo will pay your bills but the downsides are not worth it. This job will negatively affect your mental and physical health, your overall well-being, and it will definitely mess with your personal relationships. If anybody who is... — read more
Sales practices consent order terminated
We just announced. Wow.
Townhalls this week- KS/DF RTO location strategy
Checking on any location strategy updates rto headcount plans …KP made face of marketing across alll lending products - she has completely revamped the face of credit cards for the bank…folks forklifted under her may not be all happy
Leaving
Do I call HR first and tell them? And then my. Manager? Or vice versa? Who in HR? Is there a need to tell them I am retiring vs. leaving? Does HR tells me what $ value I get for my pto?
Laying off in USA and Reposting in India
When is anyone affected is going to sue the bank for Layoffs and reposting jobs in India? Someone needs to take the initiative! This management is unethical and is treating the bank as their own property, su-king it out of life and leaving it dry! — read more
U.S Job openings vs International job openings
Proof is in the pudding. I just checked and there are over 700 U.S. jobs available, there are over 600 India jobs available, there are over 90 Philippine jobs available and over 10 in United Kingdom are available.
Lead business execution consultant
Are these jobs being outsourced fully to India? I looked up a posting with interest to apply and noticed literally hundreds of posting to India and other countries. I am rethinking this move. Anyone have insight? The position itself is one that is... — read more
Wells Fargo Executive Suite Layoffs in 2024
What to Know About the Latest WFC Job Cuts Wells Fargo executive layoffs are coming in Q4 February 14, 2024 Wells Fargo (WFC) Senior executive layoffs are coming to the financial services company. Lackluster performance from current bank... — read more
Wells Fargo class action claims company charges illegal overdraft fees
Who: Wells Fargo is facing a class action lawsuit regarding overdraft fees. Why: Wells Fargo did not provide customers proper notification about its overdraft fees, the lawsuit claims. Where: The Wells Fargo lawsuit was filed in federal court... — read more
The first BIG Wave of 2024 layoffs is next Tuesday
We all knew it was coming and rumors yes I know rumors are saying next Tuesday layoffs will ramp up again for 2024.
Wells IT Outsourcing 2024
It’s coming folks. They will start with tier 1 resources. The MSP has already been selected.
Why This Season Of Layoffs May Destroy The Future Of Work
“In those days, layoffs were used as a last resort: in mergers or extreme financial hardship. Today, they are ubiquitous. In 2023, U.S. layoffs were 98% higher than 2022. And 2024 is not far behind. January felt like open season on... — read more
The longterm consequences of mass layoffs alongside a nontransparent demotivating CEO.
A bright young guy I know asked me about a job listing at Wells. I gave him the pros and cons, as I’ve experienced them (more cons), but told him to research the company on his own knowing he would probably have a better experience than me as a... — read more
Relocation
So what is the mileage that they can force you to relocate ?
Winston-Salem WEC Location
Anyone heard of a timeline for everyone at the WEC site since Winston is not a go forward location?
Time to circle the Stage Coach & Horses….its layoff time.
Wait for it, wait for it….layoffs will continue, no one is safe. Recommend everyone update their resumes & get out of banking ASAP. It’s like working retail aka Walmart. Look for a government job, they are more secure. I know i used to work in... — read more
Hmm... Location Strategy Q&A during Consumer Lending Town Hall
If given the option to relocate to a hub, you will NOT be given an option of core locations. Leadership will tell you the specific location. Such BS. (Unless you live where they plan on sending you, don't relocate. It's a trap. It's always a trap... — read more
Consumer Lending town hall
I missed almost all of the consumer lending town hall that happened. Was there any further discussion regarding location strategy?
First Quarter Global Operations Town Hall
Pour one out for the tons of location strategy questions that they refused to air. The takeaway was just people appreciate the transparency but have additional questions that we won’t answer??? What transparency? Trash.