Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

2 years later RTO is still a joke

Manager told me today that we need to start coming in a full day 3 days a week instead of 4 hours. I asked if there was an HR policy on hours and manager had no answers except to say this was coming from upper management. The irony is I see many... — read more 

2024 Layoffs

I’m sure everyone sees the writing on the wall and can smell the toxicity in the air. Employees in the USA will be impacted with layoffs throughout the year. Some of the key dates with large waves of employees begin in Q1, 2024. if you have... — read more 

Who’s doing the great walk out 2/3 (after bonus)

There is a lot of banter about “after bonus I am giving notice”. Other than not having a reference for next resume, what are the ramifications of quitting vs. giving 2 weeks notice. Can WF withhold vacation pay outs, stock options, differed comp... — read more 

Shoreview MN Downsizing

Cannot confirm, however I heard the document capture teams are being sold off the iron mountain. Does anyone know for sure?

Layoffs will be occurring in 'waves'

I'm aware that based upon the location strategy, there will be layoffs occurring in 'waves' (as they're called) from April 2024 - Oct 2025. Some will be displaced/no backfill, some will be displaced/backfill in core location (no, you don't get to... — read more 

Oregon Site Closures and Related Impact

Hello all, Like I promised I told you all I'd let you know what's happening and here's the update on the meeting we were called to on short notice (afternoon 1/4) for today 1/9. The long and short of it is: Wells Fargo will be closing all Oregon... — read more 

Issue with lump sum severance payout

I am 60 days from when I got approved for lump sum severance payout and only received a portion of it so far. I received only two weeks right after my notice period ended. I just called and the Displacement Rep sounded surprised, then reviewed my... — read more 

Any Layoffs Today

This might be the first time in a long time that I don’t see an actual layoff conversation the Tuesday after a payday

Employee Global Survey is not confidential!

Just found out the Employee Global survey we took in August is not confidential as they indicated on the initial survey email. Managers will have access to any employee comments left in the survey. They will not have names associated to them, but if... — read more 

Job description changed

My group manages customers in a hub. We are not a customer facing group. Now we must be customer facing inside branches. This is not what we signed up to do. Any other hub affected?

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| 1230 views | | 7 replies (last January 10, 2024)
Post ID: @OP+1qukO453

CIB Layoffs?

Does anyone have any info on CIB/CMS layoffs? I can’t seem to get any info on it and well like everyone else, I’m also worried. You never know with wells I guess.

Question on 401k and annual bonus

Hi I know that the 401k limit was raised to $23k in 2024. I have my deductions set to 10% for the biweekly paychecks (even though they are matching only 6% of it). I see the announcements that typically come about last day to adjust is so and so... — read more 

Location strategy to be "firmed up" by April '24

Why am I having trouble believing this? I guess technically, the communication doesn't say that layoffs will end by April, but the grand layoff plan should be finalized by then. Unless the following line means something else: *We expect location... — read more 

Relocation

I took a job in the hub. I don’t like in person with customer. Job recently changed to within branch. Any others dealing with this?

How high is a lead BEC

Compare these ranks. Business execution associate Associate Manager Manager Senior BEC Lead BEC Senior manager Senior Lead Bec

Lead BECS

Anyone ever feel BECs especially at the Lead to Senior Lead level have an air of arrogance? Why is that?

Town Hall at our site 1/9

A few teams at our contact center site (mostly operations, tech, workforce management) got an invite just yesterday to a town hall with senior leadership at our site. We've never received such short notice for a town hall before. Usually it's a... — read more 

Layoffs to resume in February

Usually the Tuesday after payday. However, I'm in HR and was let go this morning. While the decision was made before the holidays, they hung on to me to pick up the work load of all the folks on PTO, but hey at least they didn't make me work a full... — read more 

DEI

The DEI initiative is unraveling.

How should I brand myself

I hate my business execution title. Should I brand myself differently when applying so I can leave before getting hit with layoff

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| 1470 views | | 11 replies (last January 13, 2024)
Post ID: @OP+1qqPT4U0

Billings Site

Does anyone have any intel on when the Billings site will be shut down? I am trying to decide if it is worth sticking around for severance.

Looking forward to great job market in 2024

Between anticipated recession and the AI replacement, the job market in 2024 is shaping up to become a nightmare. https://www.newsweek.com/mass-layoffs-happening-2024-hiring-freeze-1855942

Enough is enough

I work with so many passive aggressive and petty people. I would always work fast and respond quickly but you all continued to push. There is no pleasing you. I am done with trying to be cooperative. You have done your fair share of sloppy work... — read more 

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| 1820 views | | 5 replies (last January 13, 2024)
Post ID: @OP+1qpnqdCk

Wow

Looks like we're going to make it for at least a week in 2024 with no layoffs. Color me shocked.

I just wanted a job...

I just wanted a job... Not all the drama, back stabbing, chaos, non leader "Leaders" , inexperienced & abusive middle managers, constant back story of layoffs, outsourcing, etc.

Inconsistently meets requirement

So do managers have to come up with a minimum percentage or quota of inconsistently meets, even if no one on their team is a low performer?

Roanoke VA

https://www.wsls.com/news/local/2024/01/03/wells-fargo-tower-closing-in-downtown-roanoke/

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