So, BoA said they got hacked. Except it wasn't actually the bank, it was a subsidiary that is owned by the off shoring technology firm Infosys. In other words, an Indian technology third party caused BoA to have their customers data stolen.

The head of HR is coming to our site today. We are having a townhall at 9am. The WF site wife is at 11am today. Should our site be concerned?

Used to do a quarterly one after earnings. Then disappeared for nearly 6 months last year with not a peep from him. After uproar, he had a town hall. Now back to silence. How dos this guy lead a global company with hundreds of thousands of people and... — read more 

The stock market is hitting new highs and Wells Fargo can’t even sustain $50. For a point of reference, if Charlie & team had performed anything like Jamie & team in the past 4 years - WFC should be trading at $72. I don’t know why shareholders... — read more 

So what’s the buzz in your dept? What were the biggest complaints? Best things?

It is 2024, and yet we are supposed to RTO, or even funnier in some cases, relocate whole families for the job which may not exist in a year. I feel like a thrown around sack of potatoes. Yet, we are somehow meant to give all we have for this job... — read more 

All these other groups announcing location strategies what is Corp risk waiting for ?

Curious if a mgr from one team can see the performance reviews for an employee from another team during job application process. Anyone know who all has access to performance reviews?

Can't recall a time WF helped employees achieve anything. Sadly the goals are of company preference, not based on reality or an individual's talent or interests. Even more sad is the goals are arbitrary, based on the whims of today's mgmt. And to... — read more 

We got our location strategy email this morning. It was pretty similar to other ones that have been discussed here. Most new positions will be posted in: Charlotte metro Dallas metro Des Moines Chicago metro Minneapolis NY metro Phoenix... — read more 

What were the decisions made on who was picked to be on the FST Team for RCSA?

Every single job offer I received in the last six months since I started actively searching for something else has been below what I currently make. I know we're not among the higher payers in the industry, so what gives? Are the layoffs throughout... — read more 

Didn't someone report that 2/13 was a notification day? What's the latest, Portlanders?

Caught a WF ad recently with the tagline "Get Fargo". Even at the end of the ad it showed the WF logo with simply 'Fargo' next to it. What kind of a branding scheme is this? If you wanted to toy with shortening things up, not that it's a great... — read more 

Why are tenured employees first amongst the displaced?

We’ve been stripped and abandoned in a treacherous location with primitive tools. The waters are murky, the brush is barely penetrable and survival takes everything you’ve got. There is no protection from the elements and we are surrounded by... — read more 

Vendor just let it slip that buildings to be sold off. He was just doing inspections for sale. Said multiple rural branches. Smh...

5M?

Reported someone higher than me for s-xual harassment. I have some texts and pictures, some dates. What usually happens? Will I get asked to leave?

Lead role (P4) on Chris Hendren's email team in Mktg Services just opened up (not posted yet; backfill). Solid role (as secure as it gets). Particularly good for those looking to move up or move to role on team w/more secure footprint (location... — read more 

I can’t do it anymore. This job has completely su-ked the life out of me. I started working for Wells right after college, so this is the only job I’ve ever had and I’m not sure what to do now. Given the current job market, what can I do to get out... — read more 

The company had 8000 controls in total which were tested by a 1000 people in ITV (excluding ITV headcount in India). 8 controls per person! Even the slow ones in ITV took no more than 8 weeks to do a job that was redundant in the first place. The... — read more 

3M :(

Because companies like Wells Fargo do not want their unfair pay practices and discrimination to be exposed. **Women, chances are that you are making 83% of the salary of the man sitting next to you. ** **Long-term employees, chances are that... — read more 

Karoline Kane will be elaborating on the 2024 SSO directive to move all non-customer facing positions into centralized locations.

This is why you don't want to work for a groupthink NYC / consultant run company. These rich execs are herd animals and believe that if enough of them do it, they'll never be held accountable for their treacherous actions. Every single day they come... — read more 

from https://twitter.com/jevgenijs Feb 1 posting: U.S. megabanks, mobile active users*, Q4 2023: ✔️ JPMorgan $JPM - 54 million ✔️ Bank of America $BAC - 38 million ✔️ Wells Fargo $WFC - 30 million ✔️ Citi $C - 18 million Even if one assumes no... — read more 

Whatever happens in the near future re: layoffs, I am ready to leave this place. I am overworked, constantly picking up work for people who left. Can’t remember the last time I was done for a day in less than 11 hours. I feel like I live here. And... — read more 

Download your W2 and pay slips.

What’s the background on calling this bank the firm?

Location Strategy sites will be emailed on Monday, San Antonio West Lake Phoenix Roanoke are pretty much safe and all the other sites will be closed in a 2-4 year timeframe. Only some will be asked to relocate based off performance.

He is Charlie’s Wall Street protege and acts just like him. Mass layoffs since he took over CSBB but plenty of funds for him and his cronies to travel the globe on the corporate dime. Being paid millions each year but no clue how to make WF... — read more 

When will TK be shown the door?She is a really bad leader. Forget all the offshoring she is doing, that’s just a cost play, that will backfire, But she cannot lead through any technology trends. She is clueless about what WF needs or can do.

What will happen to everyone in RCSA after phase 2 is complete?

BOD: “That would be nearly impossible to justify…but how about if you can get the stock back up over $50 — we will be able to claim you’re doing a good job.” Scharf: “Okay! Our global consulting firm says we should spend $30 Billion on an... — read more 

Saw on linked in these cats are in India. Gee, more jobs going there? Think so. We work for India now

Won't check any comments so (shrugs).. but a good listen- the father of Scharf and crew and all their ilk.. Jack Welch Is Why You Got Laid Off | BEHIND THE... — read more 

I know many people are waiting out for their severance, I don’t blame you, but be proactive while you do that. Even though the jobs report made things on the street look rosey, it is not, especially in technology. If you have a pretty good feeling... — read more 

Is anyone participating in this or has anyone participated it in something like this in the past? It appears to be a great idea if executed correctly. Curious to hear both sides of the coin.