Heads up: My manager said upper management is actively pushing to fire people to save costs and told us to “get ready for the worst.” I’ve been here 5 years, and while last year I didn’t meet some performance metrics, I have documentation showing the... — read more
60 day notice
Anyone put in their resignation recently and we're told you'd have to abide by the 60 days? I can't imagine they'd make me stay. Anyone experience this?
Skan VA
Anyone else have Skan VA in their system tray? Employee monitoring software.
You will be replaced with an AI agent
Most of what India does can be replaced with AI agents.
Wells Fargo Employee Replacement Pool?
I realize this site is a minute fraction of total active employee count, but I have an idea... Wells needs to have a replacement pool. It would be made-up of laid-off people who are willing to return and swap-in for one of the worthless, retained... — read more
Office Survival Skills
Never explain yourself under pressure Being forced to explain yourself often places you in a submissive position. If a question is framed this way, point it out directly. Example: "I don't think you meant to, but that question puts... — read more
Parental Leave
Hi everyone. I'm currently experiencing soft pressure from leadership to not take my full 16 weeks of parental leave. My wife will begin cancer treatment shortly after birth and I already have a special needs boy to go along with this newborn. I've... — read more
Audit
Audit is in either a bad place morally or the talent level is in the gutter. Audit is complicit in the mess that will be uncovered in 3 years. Do they have a pulse? Anyone alive out there? It’s not that hard. Huge mess in Corp Risk.
Beware of the right to represent
For your job seeker out there, beware of the Indian recruiters who immediately wants you to sign a right to represent. Once you sign this right to represent, your résumé goes in the trash and they promote their Indian friends and family. Just don’t... — read more
A tale of two companies CEO’s - you be the judge
Wells Fargo Net Income (2025): Approximately $21.3 billion, Wells Fargo CEO and Chairman Charlie Scharf was awarded a $40 million compensation package for the 2025 performance year, a 28% increase from the $31.2 million he received in 2024 Wells... — read more
WF has partnered with LinkedIn to promote premium subscriptions
If you are searching LinkedIn during your meetings, dont worry, you are not alone. WF has partnered with LinkedIn to promote premium subscriptions by creating a toxic "am I next" workplace.
I sent a cold mail to Charlie to report my rude manager
I hope my rude and incompetent manager gets fired soon.
Technology LOB
We can easily dispatch another 30% and it will still function. There are too many coasters, old timers sitting there doing nothing. Too much dead weights. Americans are lazy.
You think the worst is over? Think again.
The biggest layoffs are coming in 2 months
HR is in discussions with Legal to screen criminal records for immediate terminations
If you are a manager and have been convicted of any crime while employed at Wells. You will be terminated.
AI and reducing inefficiencies in offshor
Is the company leveraging AI to show how much additional work offshoring has caused onshore employees? Is the company suppressing the results to appease shareholders? How much bad manipulation of AI is going on behind the scenes? There are... — read more
The method is clear
Keep cutting staff, squeeze the remaining people harder, and use fear to keep everyone in line. That's the strategy here. They're not even attempting to hide it anymore. Deadlines are tighter and tighter, expectations are higher, and there's always... — read more
If you think layoffs is the only thing you should think about
Think again, WFC stock is crashing.
Employee Appreciation Day
Employee Appreciation Day was today (Friday 3/6) in case you missed it. Did you guys get an email from a manager today that wasn't hollow or generic as the AI that wrote it? Anyone actually feel appreciated?
performance
not so friendly reminder… When corporate says bring your whole self to work, please do not. Bring your professional self. The edited version. The safe version. The one that says good question even when the question made absolutely no sense. When... — read more
Layoff and $2000.00 stock
I'm not seeing this in a post. If you already have the $2000.00 in stock and are laid off will you still have it or do you need to bank actively employed for tge 2 year waiting period. I'm on medical leave and don't have access to Worday. They cut... — read more
BE creates Stanford prison experiment in tech
Google it of you don't know the story. Make a person a manager and tell them they have to stack rank people. Suddenly they feel totally justified making up problems and documenting made up deficiencies in case they need to cut you later. It creates... — read more
You think WFC $60 target price in next 2 months is a joke?
Think again, you will thank me later.
2 more
A few weeks ago, I mentioned that 3 out of 4 Lead-level team members resigned after bonus payout. Today, the fourth Lead also resigned. Additionally, another less senior team member has resigned as well. Who is next?
Saw this on Reddit today, made me laugh
this happened to me with Wells Fargo and I decided I had to break up with them after half my life banking with them. my conversation with customer service was hilarious though: WF: can I ask why you're leaving us today? me: your interest rates are... — read more
Fed board ends 2018 enforcement action against Wells Fargo
The Federal Reserve Board on Thursday confirmed the termination of a 2018 consent order against Wells Fargo (WFC). Under the 2018 enforcement action, the bank was required to demonstrate improvements to its governance and risk management program and... — read more
Scharf's Plan...
By forcing the cost of severance down from "top of house" to the division/unit level Scharf is deliberately incentivizing managers to give unwarranted poor reviews to good people so that they can be fired "for cause" with no severance, no cost to the... — read more
Extremely scary layoffs are coming
All WF employees should be scared
Belated 2026 Comp Thread
How did everyone fare?
and, across the street
major multi thousand job cuts at morgan stanley and CITI... the job market just got exponentially worse for all of us in banking... Morgan Stanley - March 2025 Layoffs Summary (some selected... — read more
I believe expectations should be clear, consistent, and applied equally
I’ve worked at Wells Fargo for five years. For four consecutive years, I met expectations and received merit bonuses. Last year was the only time I was rated “inconsistent,” based on metrics that were never clearly communicated, and I did not receive... — read more
People in retirement age that hate it here won’t retire because they want a package.
You would think they would be an easy target to be managed out with a performance review. It would be absolutely ridiculous for the company to pay you a severance when you are going retire anyways. I know a few people in Risk that worked out a deal... — read more
Employee appreciation
Does anybody know when world appreciation week is being celebrated at Wells Fargo this year for the retail banks? Let me know so I can order my diabetes medication in advance. Cc Colleen
CAO/COO and Supply Chain Management: Abandon Hope All Ye Who Enter
I know most of this is happening company wide but something extra seems to be happening in these groups due the brashness and severity of the morale crushing decisions. Revolving leadership door. CPO was demoted, Head of Sourcing left for... — read more
Title change
Can WF take you from a manager job title to a front line employee job title? Hearing this is a game plan. Train your replacement and then lower your job title but keep salary. Remote workers being displaced a month later. Is this allowed? Makes... — read more
RTO Report- ask away
I got sent screenshot of my office report after I was told I wasn't making it in the required amount of time. (I had an approved exception for some time January, which wasn't factored into the report making it look like, I haven't been in the... — read more
Make it make sense
Layoffs happening every two weeks, but new job postings keep going up nonstop. Can anyone explain this to me like I'm five? Because I'm lost.
Companywide Town Hall - March 12th
Will there be any meaningful updates about potential layoffs coming out of the March 12th town hall? Given recent comments from Block’s CEO regarding layoffs, and with payday falling on the 13th, the timing raises some questions about whether any... — read more