Re org number 4 and moved to a new group with huge project. Not familiar with half the ask. Need to learn most of it but it’s too much in a day so having to work 12-14 hours to just keep the ba--s in the air. Not sure how long I can sustain this on... — read more
Technology middle management layer is way too heavy
Let’s flatten em. Fire managers!
Just got back from leave and just testing my manager
Access no, you do it yourself, badging in not working, no do it yourself. Anything I ask he doesn’t do it, so why are you a manager? Am I off on this, or what is a manager anymore?
Shorted hours and workday for vacation days!
Check workday to make sure you’re not shorted. Input December 31, 2024 and see if it is correct!
Remember?
Does anyone remember those Jump into January and Fly into July sales goals in branches?
ER Reps
Are the ER (employee relations) reps trained to be jerks?
So Capital Markets Leadership Change
So Ranjit Bhattacharjee decided to leave WF to pursue other opportunities. Wonder if it was really his idea. Kinda like getting retired.
CSBB Layoffs
Directors have created the list.
Late Displaced Employee Bonus and 1095-C Statements
I was displaced but still qualified for a full bonus. Not only did I get steamrolled on it but I didn't get the mailing about it until today, even though I could see it (and SMH in dismay at how astronomically low it was) last Wednesday. My 1095-C... — read more
ICC/WFA Department (St. Louis)
Does anyone know if the WFA Investment Contact Center has been or will be impacted by layoffs?
Displacement day
Lost a support person today. Retail banking.
Reason for layoffs at wells
comparison between wells and chase: In 2023, chase made 49.6 billion with 308k employees where as wells made 18.9 billion with 235k employees. What do you think?
Recognition Celebration Winners - Commercial Bank - Hypocrites
I find it interesting that one of the Recognition Celebration Winners in Commercial Bank is a Senior Manager with only 4 direct reports. I can remember over a year ago that we went through a "span of control" exercise where you could not be a... — read more
As long as Scharf is in charge, layoffs will not stop
I think it's time we face reality. We need to accept that every new day can and most likely will bring layoffs as long as Scharf is still CEO. If that kind of pressure is not something you can take, it's time to start looking for a new job. That's... — read more
Damn! Had to go on leave for surgery.
First time in 28 years, I get a sh---y rating and no raise! I had to take 12 weeks off for a major surgery, and it almost ki-led me! I always get exceeds, but I guess my surgery! D-mb.
Rate of layoffs
Remember, the rate of layoffs will begin to take off like a jet plane, beginning with today. So one back pack is all you should need when you head back to your desk after you get the boot, to gather up (backpack) your belongings. Don't be that (__)... — read more
Roving banker
Good job Wells Fargo on your new roving banker job. Paying nothing while expecting people to rack up hundreds of miles on your personal car for 58 centers per mile. Do you honestly think anyone is d-mb enough to take this job????? Start paying... — read more
Location Strategy Manager Readiness Session 1?
What is this meeting? Has anyone else received this?
The Big Lie: Reason for location strategy
Aside from our CEO flatly denying the existence of this strategy during his most recent Town Hall Q&A... Ya' gotta' love the BS reasons given in the email communications re: location strategy. "This move towards a more focused strategy for our work... — read more
Small (?) layoffs in Commercial Banking announced
Not sure how many total, but just heard of a handful in Commercial (Kiran Vuppu org, to be exact). A co-worker told me a friend of hers was part of the cut, and everyone on their team who was cut got told together in a single meeting.
Consumer Lending/CMS location strategy
So some groups (CSBB, WIM, etc.) listed markets as metro areas (technical term) and other didn't, so no one knows where they stand. e.g. Specialty market listed as San Francisco-Oakland-Berkeley. Is it just those cities or is it the metro market... — read more
Charlie Start Date: Sept 27 2019 Stock Price: $50.71
Current Stock Price: $48.19 Paid $30M a year, given a 18% raise this year... we didn't even have a CEO for like 9mo and stock price was higher. Gets a job thru a family friend hired directly by Jamie Dimon. Even hires Jamie's son in law. Am i... — read more
CSBB Mass Layoffs
Layoffs targeting managers….individual contributors likely next
Layoffs in enterprise risk
Members of my team and other departments as well were just announced
Feb 6th - Layoffs
I’m from Corporate Risk and multiple layoffs in our area. To be precise, Elyssa Herman’s org- CRRA.
Shockingly Quiet today….
Maybe they aren’t making cuts on Tuesdays this month to throw us off. Charlie you’re so silly!
In-office expectations
What does the report say?
St. Louis WFA 2/6/24 Layoff Thread
Lots of chatter lately, online and in the workplace, that the grim reaper might be visiting St. Louis today with pink slips in hand. I thought it would be a good idea to have a thread dedicated to this location. As the day unfolds, please post... — read more
Wells Fargo branches across the US that could close in 2024
https://en.as.com/latest_news/wells-fargo-branches-across-the-us-that-could-close-in-2024-n/
Here's yer sign?
I am still 100% remote because I do not live near an office option. I received no merit increase. I know of another who also doesn't fit the R.T.O model and received no merit. I can't help seeing this as a sign I will be getting walking papers. My... — read more
Move the Line from CL to Operations
What’s up with the move the line that happened over the weekend? Over 1k employees were moved from Consumer Lending to Operations.
Breakfast at the unemployment office
Tomorrow?
Would you wear both a suit and tie for your virtual interview?
I got displaced after working at Wells Fargo for 10 years, but I will be having a virtual job interview with a new prospective employer next week. I am not sure how I should dress in front of the computer camera. Some Google sites suggest wearing... — read more
Layoffs coming…. Tuesdays in Feb!!
Be sure to decline any last minute meeting from your boss on February Tuesdays! Decline and call in sick!
Core Markets Location Strategy...
Functions across company are implementing location strategy. Consolidating employees in core markets by 2027. First wave: August 2024 Second wave: Q3 2025 Third wave: 2026 People in non-core markets: market-based exception, relocation (company... — read more
PSA to the id--ts in the office
Use your headset so we don’t have to hear your teams alerts going off all the time and your meetings on speaker If you need to take a long personal call use a phone room or stairwell For flex cubers, don’t leave your personal belongings... — read more
Delaney
Anyone have John Delaney coming to their site this month?
How is CLT considered A Low Cost Of Living Area! Area Differential Pay is Rigged for HY
Just recently interviewed with wells fargo and the recruiter stated that “there were specific locations to choose from” when it came to a work location. I was aware of this since it said it on the job description. I didn’t expect the absurd... — read more
Corporate Risk
Watch out for Tuesday if you fall under the corporate risk umbrella. Big cuts are headed that way including low level managers.
What's my moral obligation to this place
They've given me a 1% wage increase every year for like the last 4 years. Inflation has been much higher than that. To me that's a clear signal that they don't value me any longer, my area has about 80% Indians now. Do i have a moral obligation in... — read more