Has anyone tried negotiating their severance for additional time? Say if you received notice while already on an approved medical, parental, or disability leave and asked for your severance to start after that leave period?

Managers - what percentage is the tool displaying for you raise budget this year? How does your bonus pool compare to last?

Managers. Anyone else being forced to follow a curve for ratings? I was basically told if I did not adhere, leaders would make the choice for me.

Woke this morning, at 8:10 am by the way, got my coffee and decided to write my first and last post on this site. Got my layoff notice on a conference call yesterday. I was in the office but my boss and HR person were WFH. Call was at 10:00 am and... — read more 

Wells Fargo (WFC.N) has let go of less than 50 bankers from its corporate and investment banking unit as part of year-end pruning, a source familiar with the matter said on... — read more 

Wells Fargo Cuts About 50 Investment Bankers as Deals Slump (Bloomberg) -- Wells Fargo & Co. is cutting 40 to 50 jobs in its corporate and investment bank division, according to people with knowledge of the decision, the latest major financial firm... — read more 

https://www.tipranks.com/news/wells-fargo-nysewfc-jumps-after-planned-layoffs

How long after you were told to start training new hires in India to do what you do did your layoff happen? How has anyone's experience been with that? I've just been told our team is getting a lot of new hires in India and we have to document... — read more 

sizable impact in Mike B’ cto organization layoffs are part of the business. when it hurts most is when the folks that are busting their rears at the direction of their leaders are impacted solely because of incompetent leadership. Tracy Kerrin - a... — read more 

Anybody going to miss her or she just another useless shill?

Of those laid off...who has done the lump sum payout? It says on the form it could take 60 days from when they get the form. Has it taken the full 60 days or is it processed much quicker than that?

The CISO is forcing all of IAM to do MFA using Microsoft Authenticator. How are hourly employees supposed to be expected to use our personal devices for work? Looking at the email this MFA is going to prompt users when they access email or teams... — read more 

Over 100 peeps are being laid off in Beaverton Or today, shipped our jobs overseas. Nothing worse than training your replacement. Our meeting invite is here and an hour away.

Im not sure who else is on the HL list but I just got the call. I feel like I just found the last golden ticket. Until next time folks!!

If Tuesday is a layoff day when do the emails come out for the meeting what time of day does anyone know this information

They blow my mind Can you imagine being someone that is actively trying to cost the company that feeds your family, billions of dollars? Can you imagine being the manager that hired one of these horrible people into the company? We might as well... — read more 

After hearing rumors of 4 Day RTO for several weeks and being told last week that it wouldn't start until January, yesterday we were informed in a staff meeting the 4 days in office would begin immediately. Whatever happened to being transparent... — read more 

Wells Fargo & Co. has disclosed it has completed the closure of 20 more branches — none in North Carolina — according to its latest report to the U.S. Office of the Comptroller of the... — read more 

I did a recent search for non client facing jobs (risk, controls, COO, quants, model validation etc) in major Indian metro cities and noticed wells is the leader when it comes to the number of jobs being outsourced ranging from junior staff all the... — read more 

Good guy??? Not a good guy?? Big jerk?

After looking at a few new postings for “Lead” business execution consultants or lead control consultants it appears that the P4 job level is now starting at $96,600 whereas before it always started at $111,000. Nice way to try and lowball... — read more 

Just curious why WF uses the word "consultant" in so many job titles? Analytics Consultant, Risk Consultant, Business Execution Consultant, etc. The list goes on and on. This seems to be a WF things that has been going on for scores and not as... — read more 

The past two months have been horrific with millions of customers impacted due to failing wells fargo systems. when will the Charlie/board start holding the leaders accountable …, Tracy Kerrins, Steve Hagerman (replace him with Alan... — read more 

https://truthout.org/articles/buffetts-private-stock-trades-raise-ethical-concerns-contradicting-public-statements/ Today's article sure shatters his image. Oz: "Pay no attention to the man behind the curtain!"

Our group recently went through an hourly wage conversion to a salaried position. The reason given was that we are now performing work which requires a higher level of skill. We did not receive higher compensation for this move. We are now looking... — read more 

I received a letter about Wells becoming a Union…. I hope so ….

What does that tell you?

This is the C suite throwing its hands in the air and saying "Fine, we give up. We hereby acknowledge that no matter how much money we spend, and no matter who we hire, we just can't figure out how to distribute and maintain...laptops." Sorryass... — read more 

Tracy Kerrins (Technology head - direct of CEO) in her town hall talked about “bumps” and having to “pause” to stabilize. These are also known as freezes that prevent almost all CHG work. We have had multiple unexpected freezes this year. Having... — read more 

I am a remote underwriter and not near a HUB. We are extremely slow and have no work-management had indicated no further layoffs- has anyone heard otherwise? Just not sure how to believe no further layoffs with barely any work- my entire team maybe... — read more 

Has anyone signed up for the additional MetLife coverage and filled out a Statement of Health? If so, do they also require a medical exam on top of that or is it rare

Wells Fargo Executives Expect Fed’s Growth Cap to Last Into 2025 How many ways can Charlie Scharf fail, and our Board will keep rewarding him with $24.5 Million per year? These F’ers are taking us all for a ride.

For those who missed it MK confirmed 4 days in the office for 2024 for "collaboration" that really works for those who are nowhere near their teams. I have no issue with being in the office but not everyones situation is the same and not allowing any... — read more 

So they let go of 11 managers . 5 from our Billings site 5 from South Carolina and 1 from Salt Lake. Should i be concerned about my job? They didnt give any managers notice. Just a mass email stating bye bye basically.

Down from 1 year ago Down from 5 years ago Down from 10 years ago The dividend su-ks since Charlie became CEO. The bank is under a Federal Asset Cap for nearly 6 years, with very little said about progress and no ETA. Ongoing banking violations... — read more 

Anyone who has been laid off did you have any clues it could happen ? Like any weird system emails or anything? TIA.

I have heard that the Head of Diverse Segments/Representation/Inclusion has a total team of over 120. Eliminate that group completely. Instant efficiency improvement. No need for tracking/monitoring/QC/Audit of plans, just eliminate it.

Let's hear your thoughts...

You see here they are willing to do anything to protect their position, not support the business.