When WF purchased my former company , we as employees and our contributions were highly valued. But since WF has assumed ownership we’re regarded as little more than commodities that can be purchased more cheaply from the third world. Hey WF…We... — read more
Location strategy
It’s the oldest trick in the book. We’ve been going at this every year since about 2018. With the increase in hybrid and wfh roles, location strategy is an easy way to shake up your workforce. Management will invoke fear by saying your location... — read more
Thinking of going to the EEOC, be ready for termination.
2019, Manager lies on my review, creates hostile work environment for the members on his team over 50 including myself and numerous other actions resulting in an EEOC complaint being filed after a year of waiting fort them to address... — read more
New Grad Hire, already looking for new jobs.
Hey everyone, I appreciate everyone giving their honest opinions of what’s going on. I’m grateful for this job out of college and the people I work with had been nothing but great to me but I now notice the little details in the background. Terrible... — read more
Wells Fargo Home Mortgage SO Ca. Collections
Has there been any mention of lay offs for the California collection teams seems as if there has been a lot of service released accounts..
New titles coming
Here come the new titles. Is this a play to get people to quit?
Location
What does WF use to determine if you are 40+ miles from a hub location? Is it google maps? Another tool? Do they use exact address or city?
Does empower charge once you leave WF
Right now there is no charge if you self manage. Will there be a charge for self management?
It’s goes in the win column
Wells Fargo branch workers in California vote against union
Is the location strategy just a half-assed way to get to severance mandates?
Seems like a lazy even chickenshit way to go about clearing dead wood. Or, maybe somebody really believes / deluded themself that I’ll be more productive going to a Core cube just to have calls with people a thousand+ miles away??
Location Strategy
Was the email with a list of approved locations and next steps sent to all CSBB employees or only those impacted?
Secure Print not working
Worked 6 mths ago but now it doesn't work
Brand Recognition
Whenever I see a WF bank branch or the logo out there in the news, I don't feel any connection to the company. It's almost as if the bank operates in a completely separate plane of existence than I do, despite 20+ years of paychecks received. That... — read more
WFC stock $4 billion buybacks failed to lift the shares
September 30, 2023 1.48B June 30, 2023 4.005B March 31, 2023 4.016B December 31, 2022 6.00M September 30, 2022 5.00M June 30, 2022 4.00M March 31, 2022 6.018B December 31, 2021 7.012B September 30, 2021 5.291B June 30, 2021 1.565B March 31... — read more
One more
Wells Fargo branch staff in Daytona Beach vote to unionize Workers at a Wells Fargo branch in Daytona Beach are officially the first to unionize in... — read more
Hillsboro, Oregon Barnhart hub
Are the employees in the Hillsboro location getting laid off soon? I heard the lease at Barnhart Center was going to be expiring this year but when? And there was no source from what I last saw.
Monitoring Teams?
I know that all Teams messages are saved and they technically can access them at any time, however, just heard that messages are now being actively monitored by management. Can a manager confirm if they are able to read the messages of their direct... — read more
Colleagues are dropping like flys and going on disability due to unnecessary stress
Is it just my group?
HR PySoP on LinkedIn
What are the chances HR is using bots and/or making LI accounts using fake WF employee names to try and get current employees or those in a notice-period, to quit and/or forfeit severance. A potential scenario could be this... " Hi, Not a Sheep! .. — read more
Impossible to do right at WF
You can come in the office or work remote, show up to every meeting, provide emergency help and be a top performer. Yet at the end of the day you and your efforts will be dragged down to whatever the average amounts to across the company. The... — read more
Garden leave?
Hoping someone can help… Director in Consumer Lending planning to give notice after bonus, maybe mid Feb. going to another bank. Colleague and good friend told me about 60-day working or non working garden leave if going to another bank. He said... — read more
Senior premier banker advice
Hi there! My husband is currently interviewing for a Senior Premier Banker role at WF. He was laid off from Morgan Stanley in November. With all the layoffs happening at WF what is your advice? Would this role be safe do you think? I know we can’t... — read more
Bonus amount
When can managers discuss the bonus you will get?
ECR
Anyone know the location strategy in ECR under Michelle Adam’s?
What are you waiting for?
So for the folks who talk about sticking it out and hoping for change. What exactly do you think will need to change? What is the probability of that change occurring and in what time frame? Questions you need to ask yourself. Others need to ask when... — read more
Wells Fargo Deepens Cuts to Real Estate Portfolio With Latest Office Offloading
It may have its name emblazoned on the building, but Wells Fargo is planning to vacate its long-held space in downtown Raleigh, North Carolina, as the financial giant looks to curb expenses by slashing its real estate... — read more
RSA PIN Change. Probable Breach
Speculation: Leo: I want a list of all PINs not in compliance so I can create a shortlist of people to lay off. EGS: see unencrypted email attachment
Whenever our CEO says the word “efficiency”, I hear…
“We’re going to F $hit Up to cut expenses.” Wells Fargo CEO and President Charlie Scharf said Friday (Jan. 12) during the bank’s quarterly earnings call that the bank benefited from its continuing focus on F’ng $hit Up and credit discipline. Schatf... — read more
Bonus $ locked already?
Hope some in management position can provide input on this. Thanks in advance. I need to confirm and start new job in 2 weeks( got lucky in a tough market. Another candidate backed out and I got a short notice to start). if I give notice now, is it... — read more
What do we have in Raleigh, NC?
Former WF colleague told me that his buddy at WF in Raleigh is quitting. I didn’t know we had anything in Raleigh. Is it a corp. hub for anything? I can’t imagine it being a BG hub.
WF exiting Concord, CA?
Heard this from colleague. Is it true?
Wells Fargo Breach - Change RSA PIN Notification Window. All employees.
Wells Fargo Breach - Change RSA PIN Notification Window. All employees. Impacting all of WF... Help desk hold times over an hour...
ITV Townhall/Location Strategy
The plan is there’s still no plan, but ITV will have impacts. Thanks for the breaking news.
Yep: Why new hires often get paid more than existing employees
https://bloomberry.com/why-new-hires-often-get-paid-more-than-existing-employees/ One of the most enlightening moments in my career was when I discovered a new coworker was making more than me during my stint in S&P Capital IQ. I remembered... — read more
Saint Louis Campus
I keep hearing rumors that the St.Louis campus will be closed in 2-3 years and jobs moved to Texas. Any merit to that?
Overseas
How will jobs in India affect customer service internally and externally? Won’t the time difference be a problem?
Who will lay me off?
When you are in a non-hub site that you have been told is closing and it has already had multiple layoffs, who will lay me off when it is time? Also note-only a few people in my dept are located in this site. Will it be HR, my manager, my 2up?
Not just Wells
Apple tells 121 in San Diego move to Austin or face layoff. Decide by end of Feb. opt not to move then termination 4/26
Remote medical exception
I’m hearing conflicting info. Are remote medical exceptions safe from layoff or are all remote workers regardless of exception part of layoffs?