Blown away at the lack of gender diversity in Mb leadership team. Wow.

https://www.dispatch.com/story/business/2023/12/12/wells-fargo-starts-hiring-350-workers-for-new-easton-center/71886844007/

If you don’t go in to your assigned location now, you better start Jan 1. If you switched assigned locations manually, switch it back immediately. This is a PSA

The US finance house is paying up to $1 billion in severance costs to trim its workforce. The bank is focusing on efficiency as it navigates a challenging economic environment. The US institution hasn't been doing too well in the press... — read more 

But clicking on the link shows nothing, (confused)

Just a few days till 12/15 when you secure what may be your last 401k match. Invest it wisely. 2024 gonna be nuts, the company is already downsizing but when you add economic hurdles onto it, many gonna be axed.

Long-term remote employees who weren't near hubs.

When will IRM begin to chip in with displacements? I keep hearing IRM risk people are somewhat protected, due to RCSA, MRA and consent order activities. Should I try and get a job within IRM to keep employed?

Just curious if anyone has heard anything in identity and access management as far as layoffs or any rumors ?? it’s been really quiett… do we have enough mix of Indians and US employees??

This has been going on for like 7-8 years. There is no clear indication of a timing on when all this will end. CS’s responses provided in various investor calls and media interviews suggest he doesn’t know either and that it will at least take... — read more 

S hair is white WF doesnt have a stagecoach Tech is affected. Discuss...

Quick question…if you are informed that you are being impacted are you given the option to relocate or do they just lay you off.

https://www.reuters.com/business/finance/goldman-sachs-hires-wells-fargo-executive-lead-transaction-banking-2023-12-11/

To meet expectations, you either increase revenue or cut expenses. There is no other option. Growing revenue requires the cap to be removed. Charlie is wholly (and obviously) incapable of doing that. So Charlie's ONLY play is to cut. That is why he... — read more 

More Wells Fargo execs follow Kowach to startup David Kowach’s new firm, &Partners, continues to add management talent from his former employer, Wells Fargo & Co., where he was head of the brokerage group until 2019... — read more 

Think any layoffs tomorrow? Remember it’s a non pay week and Tuesday. Does the chainsaw have any gas left?

??

https://finance.yahoo.com/news/goldman-sachs-hires-wells-fargo-170357246.html

Since the year freeze starts this Thursday what are your plans? As this time every year with the year end freeze we will probably be twirling our thumbs as there is not much work we can do.

Which you can practice at your cubes you wage slaves. Have fun RTOing su-kers. Chuckles

https://www.google.com/amp/s/www.cnbc.com/amp/2023/12/11/wells-fargo-mortgage-lenders-probed-over-racial-discrimination.html Wells Fargo received an official notice on problems with its use of mortgage rate discounts from the Consumer Financial... — read more 

Listening to news radio this morning on my drive into the office there was a brief segment talking about layoff notices with a quote from someone at WF about how they try to be compassionate about layoffs and this give ample notice to employees to... — read more 

Just curious, but would like to know as I have been putting off my new employer for a bit now, although they are cool with waiting.

With Wells/Charlie announcing $1BN of severance in Q4 and signalling to the investors that "efficiency" will be achieved with more costs cuts/layoffs, how does this backdrop impact the CIB Business ? I recently moved to this Business from another... — read more 

Ok idk why I’m asking here but I am. If I cash out my whole 401k will the company still do the annual match?

My boss continues to tell us that management watches our card swipes but my boss continues to come in only about half the time while the team comes in nearly all of the time. What gives?

Will Jamie's protege ever stop with the layoffs?

I get that there was a lot of unnecessary racism but there were also valid complaints about things a lot of people weren't aware of. Why is WF trying to hide this rather than just police the thread? The fact that offshore is treated better than... — read more 

Charlie Scharf and his proteges, many from JP Morgan, were tasked to fix to fix Wells Fargo's many problems. In response, the asset cap and consent decrees remain, employees are unionizing, and Charlie Scharf announced unanticipated severance... — read more 

The asset cap and consent decrees remain, despite "improvements" at Wells Fargo. Now Charlie Scharf has layoffs as a solution. Clearly, he's run out of quality ideas, and it's time to wind down the firm, not prolong its existence. Instead, the... — read more 

Has your center stopped hiring? If so, comment your location.

i see a lot of people finding success after wells fargo and i'm glad for them but i don't think my story will be the same. i don't have any college and i've been working at wells for years in a very industry specific role. i know i'm smart and I pick... — read more 

Curious if anyone knows if an employee with the completely useless "AVP" designation could join the union - since they aren't managers?

Wells has to be d-mb as sh-t. Electrical starts flickering on the JC building. Mass exodus of employees for the day.why have employees in building when the crews are doing all the re-wiring

Major name change coming for the Wells Fargo Championship https://stocks.apple.com/AbchBl3pKRDSVBISm6yUqrw

The pounding drilling closed bathrooms parking spots taken and more hammering and loud noises Construction workers that act annoyed we are in THEIR way Meetings where we can’t hear and no one can hear us due to the loud noises Headaches and... — read more 

I read articles about employees in Des Moines trying to unionize, and how they think that will motive the company to be more employee centric. That's hilarious! Some of you people are utterly delusional and it is sad. The company got billions in... — read more 

Given it seems so much of TVC is based on what you got last year, does HR or anyone do any comparisons to what others in the same role/location/perf are getting and adjust accordingly? Seems ripe for issue especially when all else is equal and some... — read more 

Anyone hear anything about a reorg in February? Seems like most of the jobs in this group are going to India.

Or whatever its called. I've heard some rumblings in town hall and it sounds like the results were pretty ugly for management. Anyone seen anything?