You have no business being a director!

Does anyone know if WFH allowed during the Holiday weeks?

New to the board. Idk what Hudson yards is, so frequently referred to here. I am curious!

WF reverting to the Pinto/Yugo of healthcare plans and providers. Gutted benefits and making us pay much more, especially those above $100K and below $251K. Please tell us how much you care about employees. Our raises are well below cost of living... — read more 

This company sti!nķs!

WELLS FARGO DOING Gets It Done We're the bank of putting profits over people. The bank of rolling up our sleeves and making your money our own. We're the bank of talking the talk and taking advantage. That’s the Bank of DOING. 🏡 Housing 🌱 ... — read more 

I love how the firm sends out an email yesterday about 2024 annual enrollment along with links to plan info including new health plans but all the links go to 2023 plan info. Who tests this stuff before releasing to the entire company?

Wells Fargo writes $204K check after man sues over frozen bank account The lawsuit in North Carolina claimed a man was unable to pay his mortgage because Wells Fargo wouldn't unfreeze his bank... — read more 

who will push Charlie hard for specifics regarding progress on the outstanding consent orders and the Asset Cap. Shareholders have a right to know - truthfully no information is more important than a timeline regarding the cap on our growth. ... — read more 

Group / location

We haven’t seen Guy Smiley since his post Covid tour.

I know in Teamworks today the total headcount is 236,076. How do you see the number of U.S employees only? Thank you.

https://wallstreetonparade.com/2023/10/after-getting-the-largest-bailout-in-u-s-history-in-2008-85-5-percent-of-the-1-34-trillion-in-deposits-at-citigroups-citibank-lack-fdic-insurance-today/ So just wondering if the layoffs are directly tied to the... — read more 

And what a great day to have it on, Friday 13. The management will be more than happy to make up for bad results with more layoffs. Actually, Charlie has proven again and again that even good results don't protect us from layoffs, so cuts if/when the... — read more 

Mortgage just announced they are no longer doing manufactured homes. The shut down continues. Charlie is ki-ling mortgage one step at a time. The bank is next.

They were found to be scathingly negligent during Stumpf. Resisted accountability during Sloan. The Board’s Chair quit in 2020, ahead of a critical Congressional hearing, while working side-by-side with Scharf. *Reflecting an undeniable... — read more 

Any insight on the accuracy of the role/title mapping below? I’m a P4 and VP, looks like no change? M1 as Sr AVP seems a bit much imo P1- Analyst P2- Assistant VP P3- Senior Assistant VP P4- VP P5- Executive Director M1- Senior Assistant VP... — read more 

All big banks are cesspools of greed with toxic cultures, ran by narcissists, underregulated and undertaxed.

A mess run by incompetents

Remember when "nothing really happened" on Tuesday 8/8? Yeah, over 1000 people got layed off. All US employees and many of them remote. This will continue until we're all gone.

Doing what?

Late this past September Chief Development Officer and Head of Technology Rich Chung left the bank. No announcement. Just poof* gone. Serious replies only

Everywhere I look, I see employees working hard to contribute to the bottom line and demonstrating a sense of ownership. In contrast, many if not most managers are mismanaging resources, adding redundancy, demoralizing employees, and adding... — read more 

Many colleagues went to Ally. One of my well-respected peers did less than a year ago and was just laid off. Another had offer rescinded last week. I'd hoped Ally might be a Plan B option. Oh... — read more 

Friday is a heads down work day. No one should be scheduling meetings. Give it a rest. It can wait until Monday (Tuesday in the case of Columbus Day) when people are fresh and will actually remember what's going on. Aye... 🤦

This isn't the company I thought it was. Anyone else feeling duped in coming to work here? All this talk of wanting "new blood" to turn things around, etc. doesn't seem to hold much water now. No teamwork, people stealing your work & ideas, no... — read more 

I looked up someone in teamworks because I was wondering where they’re located but they don’t show up when I search their name and they don’t show up under their manager’s hierarchy in teamwork’s either. Does that mean something or just a glitch? — read more 

They say people won’t lose existing officer titles but you know that’s not going to be true. Many that worked hard to earn titles will soon see downgrades.

The CEO does not want to admit to having a "location strategy." Stress is mounting in US commercial real estate, with distressed assets surging. This is a large driver for forced return to office (RTO). Everyone knows this now. You should be... — read more 

Is there a way to launch the horizon client directly vs having to go to the d-mb wave workspace one website that never works or is slow af? Whoever runs wave should be let go. True disgrace, we ran better availability on old school vpn concentrators... — read more 

The official WARN notification was just posted this morning for the 10/03/2023 layoffs. Per usual, it was a small amount of layoffs across two sites: Des Moines - 801 Walnut St - 1 West Des Moines - 800 S Jordan Creek Pkwy - 34

They’ve finally come for us

Take a look at CS' announcement about the new Vice Chairman. Look at their pictures. Doesn't CS pic just scream "I'm so much better than you minions" and the new guy's picture says "FAFO" ... I can totally envision a conversation where new VC tells... — read more 

Seriously I know that WF is monitoring this post. Someone needs to tell CS how totally insensitive and tone deaf he is to the entire employee population. OMG he does not know what core location strategy is and the impact it has on talented... — read more 

By my calculation, it’s like Feb 2 or 3. Will be giving my notice the following week, as I have had enough.

He is on a desperate quest for significance and respect, triggered by his demotion from Golden Boy at JP Morgan. Charlie was in Jamie’s inner circle for years, and worked hard for Jamie helping to engineer several deals to vastly expand Chase’s... — read more 

Surprised to hear that expanding in the Chicago market with Brick and Mortars was a strategy of Charlie Company. A dozen or so to be constructed and some already underway.

Just got news they’re changing our incentive. Have to hit 11 instead of 7 to meet our incentive and decreasing from $135 per loan to $90 …. And they added more to our workload, the closing disclosure communication. AND changing our work hours / next... — read more 

https://www.cnbc.com/2023/10/04/these-stocks-are-close-to-forming-the-dreaded-death-cross.html Way to go Charlie!

Finally, we’re returning to the strategy that made us the golden child bank coming out of the crisis having bought the inept failed bank WB, and that strategy is; serve customers baby! Let’s do this! Back to Gr8 and growing the business! — read more