My spouse was “displaced” I often have to come on here for a reminder, it may be a blessing not a curse. 🤔🤔😳😳 Good luck to you all.
Charlie’s Corner
Interesting that Charlie’s Corner has “no news today” posted for awhile now.
Layoffs 10/3
Does anyone have an idea of the numbers, lines of business, and departments that are going to be affected?
Carrie Set Free
https://www.cnn.com/2023/09/15/business/wells-fargo-exec-charged-accounts-scandal/index.html banking unit that opened millions of fraudulent accounts. Louis Lanzano/Bloomberg/Getty Images New York CNN — Former Wells Fargo executive... — read more
401k match
Recently displaced. Will I still get the 401k match in December?
Remember when meritocracy was a thing at WFC?
I miss those days.
Come on folks. Charlie surely has done many good things for employees. Let’s list them all here and show him some appreciation!
I’ll get the ball rolling. Let’s see….help employees….well that one time he uhhhh….Oh! He gave us 50 shares of stock!! What - oh that wasn’t him? Okay okay I just need a little more time and the good stuff is going to start flooding in. It’s hard... — read more
Charlie can’t even get the stock price up after offering to buy back 20% in the next 3 years!!
Who has Charlie failed? Shareholders ✔️ Employees ✔️ Customers ✔️ Regulators ✔️ Communities ✔️ US labor market ✔️ Who has Charlie not failed? Charlie ✔️ The labor market in India ✔️
No Team Members, but still Teamworks?
While the Titanic is sinking and the music continues to play, I have a deckchair-shuffling question: CS got rid of "team member" in favor of "employee", so why hasn't he renamed "Teamworks"?
I told you
I new this site was being manipulated. If I am missing it please post the link. Like an hour ago there was an active change with all of the anti employee changes this bank made. People were adding various thing to the list. Where the he-l did it... — read more
Let's Elevate Our Conversations: Separating Facts from Fiction in Our Workplace
The act of deliberately spreading false information or rumors on the internet to create discord, confusion, or harm is generally referred to as "trolling." In more severe cases involving targeted harassment or the spreading of more serious false... — read more
UAW, UPS, WGA, SAG...
Pattern of successfully striking. Working collectively to demand what what they deserve from selfish, overpaid management. Wake up, WF employees!
Charlie fails everyone
Charlie may be considered a success in certain circles where money and status are the only things that matter, but he is a poor excuse for a leader, a man and a human being. I’m fortunate to be married to a man who doesn’t have a mindset which... — read more
I guess WF is not leaving Des Moines anytime soon…
Upgrading campus over next 4 yrs…
Retail sales Consultants need to go
If Charlie is smart he will get rid of the Retail Sales Consultants on the mortgage side. These people do nothing. Ours in Georgia works from home and is never available for help. Travels with a boyfriend all over the country while “working”. Ax... — read more
Prep Work
Not my post, source below... It was trending and I think it's useful... Post: Prep Work (Title) -- Lifted this off my linkedin feed, 33 things to do to prep for layoffs, most are applicable to us as well: 1 - Emergency... — read more
Tomorrow is Monday...
And I'm so glad I don't have to work at Wells Fargo! I work remote now in a new gig. F Wells Fargo and their BULLSCHITT! I don't have to listen to a company say how they're going to be carbon neutral by 2040 to sound cool then ask 200,000+ people... — read more
Difficult time finding a new gig
Got laid off in August. Almost out of my non working period (October) applied to hundreds of analyst roles in Charlotte but have not gotten any interviews yet (multiple companies) Just wanted to see how some of your are fairing out there. Thanks.
Insurance after a layoff
How does insurance work after receiving your layoff notice? During your first 60 days? Between your first 60 days and the end of your severance period?
Non working notice and no PC?
If given a non working notice and told you’re expected to work if they need you to over the 60 days, but they immediately send you a notice that your computer items have to be sent back… does that mean that don’t ever have you log in to help? It’s... — read more
Full proof way to avoid layoffs and make more money
Change jobs every two years, preferably moving one pay band up each time. If a department has approval to hire, almost certainly the job is safe for two years, not always though. Almost 100% that it’s safe for a year. Only way to get more than the... — read more
Dear Wells Fargo Board
A. Why does Wells Fargo need to keep hiring former government officials?? 🤔 It reminds me of the college admissions scandal. Parents are essentially acknowledging that their kid cannot get into an elite college via legitimate means, so they have... — read more
A Cautionary Tale
A guy on my team was a top peformer, the mgr and dir were big fans of him. With all budget cuts etc they could not promo him so he goes and starts interviewing, gets a job, start date on purpose +30 days so he can transiton the old job properly. He... — read more
WF IS ACTIVELY TRYING TO GET RID OF REMOTE PEOPLE...
I was hired full time remote in a state where we have no locations... I am still labeled as remote but.... I am in regular contact with the person who handles remote exceptions for my LOB... WF IS ACTIVELY TRYING TO GET RID OF REMOTE... — read more
AI review of the latest scandals at Wells Fargo
Prompt: What are the 3 current scandals at Wells Fargo. do not include the fake account scandal in 2016. Please give a list containing date reported, scandal description, Well's response information. Also give a description of what the regulator... — read more
Wells Fargo Preps for Wealth Battle After $1 Billion Turnaround
https://www.bloomberg.com/news/articles/2023-09-23/wells-fargo-preps-for-wealth-battle-after-1-billion-turnaround?embedded-checkout=true WHAT $1 Billion turnaround are they referring to? 😂 I work for WFA and have only seen cost-cutting... — read more
https://actionnetwork.org/forms/support-wells-fargo-workers-united?source=direct_link&
No need to up or down vote. This is for those who want to join. https://actionnetwork.org/forms/support-wells-fargo-workers-united?source=direct_link&
Hopefully the record low participation rate in the employee survey will send management a clear massage
Not sure most of the managers care even though they SHOULD!
Is South Dakota Next???
So this last year they moved everyone out of 2 of the smaller office buildings and brought them over to the big office. They also got rid of some furniture in the building (such as a huge glass cabinet as one example). They have been micro managing... — read more
Non hub and remote
What is the rumor on the timeline to layoff the rest of the non-hub remote employees? Gone by Q4, 2024?
Imagine if Wells Fargo workers were smart enough to join forces, and strike or walk out for several days or weeks….
Daley: “How do I post updates on Tweeter?” Mike S: “What are these people in India actually DOING that keeps the bank functioning?” How do I even get ahold of them - what # do I dial?? Yes I KNOW I’m CFO but I never took accounting!!” Darrel C:... — read more
Insurance Provider Change
Rumor has it we are getting new providers next year; does anyone have any insight on Anthem change? I really do not want to switch drs.
F this place
Would rather work in a chicken processing plant than this place. The way they treat their employees is disgusting. No loyalty or respect for people that dedicated their lives for working in this he$l hole. We had to stand up and defend all the... — read more
THE TRUTH - PAY ATTENTION SHAREHOLDERS
Layoff’s will continue through October. 10/3 will be similar to this last round. Let’s talk facts! Since Q4 2022 there have been 37, 000+ US Domestic Full Time Employees displaced(offshored). HOWEVER, they strategically control the headcount... — read more
How is this all flying under the radar
https://newsroom.wf.com/English/news-releases/news-release-details/2023/Thomas-R.-Nides-to-Join-Wells-Fargo-as-Vice-Chairman/default.aspx
Remote
People's ability to work remotely from home is being revoked. I am now required to go into an office three days a week. This change may soon affect your job, unless you are a manager. Managers are allowed to remain remote and avoid collaborating with... — read more
I've never seen morale this low across all departments
One of the "advantages" of our RTO initiative is that it has enabled me to connect with various business units and teams. However, I've noticed a significant amount of negativity being expressed by teams outside of my own when I'm in the break room... — read more
Severance plan changes?
Has anyone else heard of severance plan changes coming in 2024? I heard a rumor that the benefit is being cut in half, so only being paid out 1 week for each year of service.
Wells Fargo Survivor. Outwit. Outplay. Outlast.
Know more than your boss - that’s not too difficult these days. Become the expert. Reverse the boss and subordinate role. Knowledge is power. They want us to collaborate, right? Create a coalition. Cultivate relationships and then use your... — read more
RCSA Contract Role
So i’ve seen multiple emails regarding immediate hiring for RCSA contract roles for 52.00-60.00 an hour. Do not accept this rate; they are desperate for help bc all their FTE’s have quit or are burned out. Listen do not accept anything less than... — read more