The last LOB DE&I person seems to be zz'd. Wow ole Kristy is doing such a great job that she keeps making job openings! Lisa R was the last and best of the DE&I execs. Three LOB leaders moved under DSRI in three months and now they are all gone. ... — read more 

Why hasn’t the government had more conversation on banks moving US jobs to India and the troves of layoffs? We need more conversations on what banks are doing to their employees. The last Senate meeting for the most part only focused on basal. .. — read more 

Damb

Heard this morning that Citi is allowing their employees to work remote the rest of the year. Would be nice if they did that hear.

If somebody has managed to do it, please let me know. Our morale has never been this low and it's getting worse. It's just a horrible work situation all around.

Overworked doesn't even begin to cover the state I and my entire team are in right now. If the hope is to get us to the point where we will be completely burnt out and quit, I hate to say it but it's working. I'm dreading Monday so much that I'm now... — read more 

Everything is a fire drill. They must be cc’d on everything. Well, they are just plain mean. They bring nothing to the table.

Wells people are so miserable, they are begging for a severance package. I don't blame them one bit.. I would not wanna work for an instituion with so many consent orders or an asset cap.

Back in the summer, I bought boatloads of stock of the 3 failed banks, first republic, silicon and synchrony for cents per share. Now are are on the way up, and if things pan out favorably, I will have enough to retire. Kind of ironical I am banking(... — read more 

What are the chances of cuts next week? As a special Christmas gift from Charlie to all of us.

Are managers getting any type of incentive to get employees to quit? I had a manager tell me to quit and find somewhere else to work. It really felt like they really wanted me to get off their team. The tone was nasty and seemed personal. It wasn't... — read more 

This should absolutely be on the table. I am not in the camp of dying for a package. I want to stay and continue my work, but I know several colleagues with very different feelings. They are excited by the prospect and hanging on to see if they can... — read more 

Literally DOZENS of better options, higher rate accounts to put your hard-earned money into. Let your MONEY do the talking, stop with the whining on this board which gets nothing accomplished. MOVE YOUR MONEY OUT!!! I did, it's super easy and... — read more 

Wondering if anyone knows how much of tech will be run by HP ultimately?. Many positions eliminated and are now Contract roles oitsourced from HP.

Audit was supposed to be monitoring front line risk work. What happened? Asleep at the wheel? No doubt this asset cap is staying for the next decade. Sub-average auditors from Citi flocked over. Left behind a huge mess at Citi and now causing... — read more 

Eliminate severance packages, benefits and equal employment opportunities for all employees except the Senior Leader team. All employees to be Offshore and working for minimum wage. The OCC, the Federal Reserve, the Senate Banking... — read more 

I read it ever year around this time: "I'm quitting once I get my bonus!" As a manager for many years, I've never seen it happen on my team. What say you, are you really going to quit after you get your bonus? Do you have a new job lined up where... — read more 

All I want for Christmas is more of you to quit. Love, Chainsaw

It bugs me that there will not be one major layoff round after which we will know we're safe. WFC will just continue doing what it has been doing this whole time - having continuous layoffs in different areas all the time. Job security is now a... — read more 

Hi, all, if you’re ready to quit, today’s a decent milestone day to do it. If you’re employed as of today, you’re eligible for the annual 401k match. Note that for those hired 2021 or later, there’s a vesting schedule for to be mindful of. Or, if you... — read more 

Employees. Um I’m sad to see how many of you are on this distribution list. Um. This may be your last year at Wells Fargo as we try to increase efficiency across the bank. We have set aside 750 million for severance expenses and um your days may be... — read more 

Heard other LOBs say bonus flat to last year and around 3% merit. What are your submissions looking like in tech ?

Just wondering.

Based on the CEO comments recently, it looks like they are planning to cut at least 40k jobs by the end of 2024. Based on what he recently said to book an extra 750 mill to a Billion in severance expense for 2024. Based on the recent history, WF... — read more 

This Company will lay off current employees yet they have hired " Behavioral Experts " to come into branches with the DM and the like-to tell us where we are going wrong with Customer Service. You see if a customer gives the branch a bad NPS score... — read more 

Changed to a new team this year, manager obvious has favoritism in the team. I got meet in mid year review , but things has gone south since then, she hasn’t scheduled meeting for performance improvement or anything like that, seems just leaving me... — read more 

I recently happened to overhear a conversation between an HR executive and another executive in my office building. It was mentioned that if you are not assigned to a hub location, you will be among the first ones to be let go. Unfortunately, this... — read more 

https://finance.yahoo.com/news/wells-fargo-real-estate-head-210059576.html

Any truth to chuckes wanting a standard 90 day severance package for all???

Would have been nice getting our 401k match quarterly as we could have taken advantage of this runup in stock prices. Thanks Chuckles the Clown

Especially the parts of being proud to work for Wells, Wells is a good place to work, and we are willing to put in a great deal to make Wells succeed. All those have tanked. Who would have thought sending jobs overseas, making people sit in an... — read more 

Barry looks like he's in a police station holding room waiting to be questioned.

Capitalism sure loves layoffs. If current WF stock price above 49 holds (or improves) until 401K match, that would svck. Because we all know we'd be gifted shares at a high and, when selling off in droves, it would be at a low (would be a loss of... — read more 

While I'm happy to see our stock price bearing $50, I'm a little bummed it couldn't stay low until after the 401k match

Here is my thing with the location/hub strategy and the displacements that have and will occur. Wells is an employment at will company which means they can do whatever they want within the limitations of law. The location strategy falls within that... — read more 

We are a small team with no two members working from the same city. Can’t collaborate with anyone even when I go to the office. Curious to know how management is taking RTO mandates?

Curious.

Anyone know information on successful pursuit of severance after being told your job is secure, you leave and the position is eliminated?

Hi, My name is Nupur Anand I am a journalist with Thomson Reuters, I cover Wells Fargo. I understand that the bank has been downsizing and I would want to learn more about the departments being affected and the processes involved. I completely... — read more 

Anyone in a non customer facing position has thier head in the sand or drinks way too much company Kool aid if they think there job won't be up for outsourcing at some point. Oh yes , let's all go to India and visa versa and we can share our... — read more