The next large layoff event is end of Q1 2024….rumor has it. Can anyone explain how the current CEO has benefited Wells Fargo? Is he currently meeting expectations? Why does he get $3 million raises? No way shape or form has CEO Schart done... — read more 

What say you?

Living in constant fear of being laid off overnight? Or do some people believe their positions are okay?

Wants back compensation because the "problems were here before my tenure" https://www.advisorhub.com/wells-fargos-ex-ceo-sues-for-34-million-in-withheld-pay-damages/

https://franknez.com/wells-fargo-now-announces-massive-layoffs-for-2024/

A signed notice from a manager stating they will NOT interfere with the right of employees to unionize. Case settlement referenced from letter: https://www.nlrb.gov/case/19-CA-306661

In 2023, Wells Fargo shut over three hundred bank branches, more than double the number closed by Chase and Bank of America. Good or bad?

Got laid off on 11/28 and going through the displacement paperwork. Was told that I would still receive a bonus but there is nothing in the paperwork about the bonus or the payout date Notice period ends on 1/26 and the bonus payout would be 2/2... — read more 

How true is this?

Clearly I "Nope!"-d the he-l out of that opportunity. But it did make me think how unfortunate it is that management in its infinite wisdom, and out of sheer cruelty, axed the STAR program.

Start a List and Check it Twice( or multiple times) I wish that TK and her reindeer game directs are danced out of the company and her next useless Townhall or LinkedIn messages are from somewhere else . Next ……

Here is the official count from the Iowa WARN site issued for yesterday 11/28/2023: Location: Site: Team Members: Official Layoff Date: West Des Moines Jordan Creek Pkwy ... — read more 

All branches cutting staff. Tellers and bankers mostly.

Outsourcing, particularly on this scale, should be illegal. You should not get subsidies, kickbacks, and incentives from U.S. govt. when your only interest is to hire workers outside the U.S. And, yes, I realize this is happening across many... — read more 

Banking giant Wells Fargo is expanding its office footprint in New York City's Hudson Yards, billed as the largest U.S. private real estate development, and consolidating most of its city office employees at one... — read more 

This is a serious question, I’m not trolling anyone. How would a Union help the Branch Workers? I’m assuming the unionization efforts are for front line workers and I don’t mean how does a Union work in theory or what it has the ability to protect... — read more 

First time being laid off from any job… seeking advice from people who have dealt with this already. What do you do with your 401k between your career break and enrolling in your new employer’s 401k plan? Are you keeping it in your Empower account... — read more 

Arizona !

https://www.bankingdive.com/news/first-occ-fintech-chief-had-phony-resume-prashant-bhardwaj-fifth-third-Huntington-Citi/700736/

Layoff calls . Take the mystery out. Mandatory call are either people being let go or people being notified their managers are gone and they report to some lackey . WHILE still hiring from JPM onto the same teams.

Wellll...it may be my day to say buh bye to this place. Just got a mandatory meeting invite from my boss...along with 2 other people on the team. We're either getting more work or are all getting canned. I'll keep ya'll posted. But aren't... — read more 

Bethel’s Wells Fargo, along with a branch in Albuquerque, New Mexico, filed paperwork to form a new union called the Communications Workers of America’s Wells Fargo Workers United (WFWU) on Nov... — read more 

Been servicing my hot boss almost every night. Got rated Consistently Meets on several fronts. Big raise and bonus coming! Working remote. no RTO for me! Life is good.

Looks like I may fall into this category. I am in a non hub location as well. When the hub strategy kicks in next year, will I be eligible for severance or will they find a way to lay me off without severance for performance.

WellsFargo North Brunswick, NJ Corporate Office relocating to Hudson Yards NYC in first quarter of 2024?

Stop it already. It's F'ing annoying. If you included me on the email, I'll read it. You don't need to highlight my name and paste right where you want to me read. In my group, 1 exec came in and started doing that about 8 months ago and now... — read more 

So, with about a month of 2023 left, who thinks we have one or two more “Deep Cut Tuesdays” in front of us? (This is a layoff board after all.)

Now that Wells Fargo has wished me well in my future endeavors, I’m starting at boxes of these Wells Fargo ponies the company pushed on me the first time I walked into a branch. “Collect them, they’re valuable,” leadership said (just like they said... — read more 

Anyone else get the word?

Keeping a CISO WHO has resigned for three months is a security risk. Get him out. We don’t want any more risk and fines. When will WF start behaving? WHEN?

I’m in talk with local union teamsters. They said they would help with the vote to unionize. I encourage all of you to do the same. WF poor management has brought it upon themselves.

Speaking to recruiters about a possible job opportunity. Salary transparency is huge to me being that I do not want to sell myself short or get my hopes up. What do Business Execution Consultants make at WFB?

I can't believe there will not be a class action suit.

Nowhere in their bulleted list of things WF "improved" for employees do I see them mention: 401k match only once per year 10s of thousands of layoffs so jobs could be sent overseas RTO that the entire company hates Bell curve/forced rankings... — read more 

The old adage rings true: A rising tide lifts all boats. WF and its competitors should take notice and heed. Automakers with non-union workforce race to bump pay after UAW's record... — read more 

Wells Fargo gives $1.5M to Atlanta group for Black entrepreneurship Wells Fargo is donating roughly $420 Million to help small businesses stay open through their Open for Business Fund Wells Fargo announces a $50 Million grant to NAACP Wells... — read more 

Who got what last year for bonus? Anyone willing to share?

Out team was remote pre-COVID. We are all back at work 3 days a week for 2-3 hours. There are 2 on our team that are full time remote. What are the excuses to get that. Medical? More than 40+ miles to office?