Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Wells Fargo’s “High-Yield” Savings:

It is highway robbery that big banks are still paying minimal interest rates on the cash left sitting in checking accounts, which most people need to manage everyday expenses Wells pays .10% interest. I read an article in High-Yield Savings... — read more 

30 billion share buyback x dividend Nov 3rd

Looks like they spent a little under 2 billion in buybacks this past quarter. Reducing shares outstanding by 44 million. Which seems kinda light when they allocated about 7.5 billion per quarter. X dividend is set for Nov 3rd I see as well announced... — read more 

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| 1110 views | | 8 replies (last October 28, 2023)
Post ID: @OP+1phgCI2n

Lateral move

Expecting an offer for internal lateral move. Should I be concerned about the move in 4Q? Thanks.

Wholesale Operations Q4 Town Hall

Anyone else attend this bs waste of time. Really enjoy being told that I&P is the destination and not just part of the team, aka offshoring all our jobs. Along with saying that all our US jobs are low skill and anyone can do them since all we do... — read more 

Employee Survey

Anyone hear anything honest about the employee survey results?

Retail Sales Consultant Job

Somehow this position continues on even though these people do nothing and are over paid. How does Wells Fargo cut jobs where people actually work? Our RSC never goes in the office. Never visits a branch. Is never available by phone or email to... — read more 

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| 860 views | | 5 replies (last October 26, 2023)
Post ID: @OP+1pgNjN80

wonderful day on the office

It was great coming into the office today. had some great conversations, got some work done, then headed home. will probably come in 5 days this week just because.

Internal Candidates (This Topic Again)

ime to talk about this again. Jobs are down by 60% compared to last year, and it feels like forever since we've had any luck getting a call for an internal gig. What's going on? It's super annoying to see recruiters getting to work from home while... — read more 

Upskilling Thoughts

What transferable skills would you recommend learning or mastering before the inevitable layoff? Ex. Software programs

Some senior tech needs to be fired

Most SIT testors are gone...dont tell me they can be replaced with automation. We already learned WF couldnt automate itself out of a cardboard box. No major system enhancements are truly going in successfully because of the people that didnt tell... — read more 

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| 1690 views | | 9 replies (last October 27, 2023)
Post ID: @OP+1peiwyD4

Professional Assignment

What exactly does "professional assignment" mean? There's a person in my area who came in with that title a couple of years ago helping with a high-priority project, not unlike many others, but managed to turn that somehow into a senior lead role... — read more 

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| 1720 views | | 6 replies (last October 26, 2023)
Post ID: @OP+1pexETJF

What’s with this CHG freeze?

Tech question. There’s a CHG freeze for all production deployments from last week till Nov. it’s clear that someone broke something. It was enough that Leo scurried away to to find a scapegoat. So what happened? Tech was and is affected. — read more 

Hub cities... sound familiar

https://abcnews.go.com/Technology/wireStory/president-joe-biden-naming-tech-hubs-32-states-104216202 The intent here is obvious. And Chainsaw Charlie is just the useful id--t. There is a political push to prop up cities in this country. As much as... — read more 

Who's going to sue us this week?

The government, a former employee, a current employee, a former customer, or a current customer? Or maybe all of the above? Joking aside, it's ridiculous how much money we have to spend on litigation and for paying settlements or fines. How many... — read more 

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| 690 views | | 4 replies (last October 25, 2023)
Post ID: @OP+1peUNOv2

Big Banks? What Big Banks?😂😂😂

Three months? Wonder how much more customers will yank by the end of Q4. Pillars of the economy my a$$.😂😂😂😂 https://dailyhodl.com/2023/10/20/84500000000-exits-jpmorgan-chase-wells-fargo-and-citigroup-in-three-months-as-depositors-take-flight/amp/ — read more 

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| 1470 views | | 8 replies (last October 23, 2023)
Post ID: @OP+1pdvWtBY

Best tech talent cities per WSJ

WSJ had a story this week listing the best metros for tech talent. Spoiler: None of the top 10 are key WF Tech hubs. Minneapolis is the highest rated. Their new hub in DFW barely makes the list. Charlotte? Nowhere to be found. The U.S. Cities With... — read more 

TVC

Can someone explain how pay grades and TVC works? If I have a pay grade of 110, how does that impact my bonus or salary? How do we know the ranges?

Benefit Enrollment for displaced employees

First of all we received no notice even though they say we were mailed out notifications. Second you must call per displacements. Third once done there is no way to get a written confirmation until after Nov 9th and by then it is too late to make... — read more 

Severance letter signed but not submitted

Has anyone have any luck where your severance package is honor? Signed the letter within 45 days and realized that it was not submitted on Cisive since I forgot to view one of the documents to do the final submission? Thanks

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| 1540 views | | 6 replies (last October 23, 2023)
Post ID: @OP+1pcwR2lM

Does WF Really Care About Mental Health

They talk a lot about it and say they champion and support resources for mental health care , but they leadership has no clue that they / WF is the biggest source of mental health problems for their workers. Now people sadly hold their breaths until... — read more 

Outsmart RTO

Why don’t we all rto and deplete the resources (coffee, vending machines, supplies, silverware, etc) so that they will mandate a two day in office policy instead. How much does it even cost to fund electricity in this building for a single day... — read more 

The (mis)management here is off the charts.

One big scare only so self-important middle management could make themselves look necessary. Yes, they gave us a reasonable justification for it but that doesn't excuse it. This place exists simply to create more work for itself in the name of... — read more 

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| 1220 views | | 7 replies (last October 23, 2023)
Post ID: @OP+1pb6UTQJ

Severance payday?

For those of us whose last non-working day was 10/6, when do we get our next severance paycheck? We got a paycheck on 10/6, nothing today though. Is the next one on 10/27?

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| 1350 views | | 4 replies (last October 21, 2023)
Post ID: @OP+1pbjaxCf

Badge readers on garage

Can anyone confirm if the badge reader on the garage count as a badge swipe? Last week I parked in the garage and my manager told me today I didn't meet my in office requirements.

Charlie just can’t keep it up

The stock, that is. SD (stock dysfunction) is a man’s inability to get it up or keep it up long enough to satisfy his shareholders. Stock dysfunction occurs most often in older men whose outdated approach to leadership no longer works today. ... — read more 

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| 840 views | | 6 replies (last October 21, 2023)
Post ID: @OP+1pbinMLP

I hate this fu--ing place

Just lay me off already. Can someone PLEASE start a class action lawsuit and include me? Fu-k this job.

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