Wells Fargo Is Still in Fix-It Mode Seven years after fake-accounts scandal erupted, many inside bank sense a make-or-break moment WSJ 2023/09/06

Managers with horrible employee surveys are still here years later. I used to work with a manager who was miserable to work with, played favorites and had no respect for the team. Made us sit in meetings all day because they loved the sound of their... — read more 

I keep seeing constant marketing materials/talk on how CIB is planning to grow and improve their technology, platform and products However after being in this group for more than 4 years all I see I multiple groups/team doing the same thing, senior... — read more 

And what happened to the previous thread?

I tuned in purely for entertainment value...lacking after 25 teleprompter-filled minutes. Popcorn? Check. Somebody please make it make sense. Perhaps the entrance of TK will be more than enlightening, but I have low expectations. Discuss.

I have signed an offer letter and the post is still out there dangling for the people that didn’t get the job. This happened to me the last position I applied for, which I didn’t get. It left me wondering for nearly a month. Why can’t you all move... — read more 

You heard it here first.

Why is Wells Fargo switching so many employee job titles over to Business Execution Consultants? They are all performing entirely different job duties with dramatically different levels of education and responsibility, and have extremely wide salary... — read more 

I'm reading remote workers are being targeted first and I am fully remote but within 35 miles of Concord. Would it be adventacious to switch to hybrid to buy me some more time so I can find another job? I would say 75% of my team is remote including... — read more 

Who is running the airlines these days - Wells Fargo? The emergency room with sick and injured patients waiting for 8-12 hours, with no pro-active communication from the hospital staff, is the Wells Fargo of emergency rooms. The highway that is... — read more 

Looking across my organization in the COO we have managers with 30 to 50 people reporting to them. We just converted managers out of their roles into principles or senior leads. So now what? Are we hiring more directors? Shipping roles to the... — read more 

And Credit Suisse imploded...a long downward trend with multiple bad decisions. UBS acquired them.

Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., will present at the Barclays Global Financial Services Conference on Monday, September 11, 2023 at Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer... — read more 

Following the practice of Tuesday layoffs, people in Springfield, IL were given notice today. The office was originally being sold, but two different buyers have backed out, so the plan now is for the building to sit vacant.

I’ve been around the stagecoach a long time and thought I had built a nice career and great network of colleagues. Career might as well be worth nothing since I don’t come from Chase. Sorry I’ve been loyal and working hard over here! I truly am!... — read more 

Any mortgage layoffs today?

Been a quiet quitter my whole career if that means setting boundaries, putting my well-being and time first and recognizing I’m an expense to be managed by executives in finance. Work is a business arrangement-as long as I add value to the company... — read more 

What do you think, are they advanced enough to track me through the camera? What about when my laptop is put to sleep or shut off?

Will there be more layoffs today? What departments? What cities?

The new comp plan is out in Oct I think? Wonder if it’s gonna be a big change? Is Charlie gonna try to axe all the big bankers in big markets that make north of $1M each year?

Charlie has done such a great job turning around Wells Fargo, fixing issues, reducing headcount and driving efficiencies, he should get CEO of the Year Award. He's cut so much fat and dead wood there that takes courage and foresight.

Question. If Wells Fargo are laying off remote workers outside of hubs. Myself being one of them) then why so many job postings offering remote work ? I was told displaced due to location. And no I was not quit quiting. I gave this company my... — read more 

https://www.facebook.com/reel/602360075310617?mibextid=PHvK42

Wells Fargo & Co. is cutting more than 300 jobs in one area of the bank where cutbacks may signal good news: complaints and remediations. The San Francisco bank (NYSE: WFC) is cutting 316 jobs in the Portland suburb of Hillsboro... — read more 

https://dailyhodl.com/2023/09/01/a-us-bank-says-sensitive-customer-data-has-been-compromised-in-global-cybersecurity-breach/amp/

When will the average office worker at WF have access to AI tools to be more productive? I see lots of cool new tools and capabilities out there, but as usual, WF will be slow to adopt them. Does anyone have insights on the timetable for rolling some... — read more 

It’s mind boggling how so many uneducated, clueless, just plain stupid check cashiers hold their positions. It’s just shameful how these losers are running operations. It’s really pathetic! Low class people with no skills!!!!

Disgraced Wells Fargo exec Carrie Tolstedt faces a year in prison over bogus accounts scandal as prosecutors urge judge to send corporate crooks 'a clear message.' Former Wells Fargo exec Carrie L. Tolstedt faces sentencing on September 15 ... — read more 

A lot of people moved to Charlotte within the past 10 years as it had a lower cost of living than most other places. They were initially in other industries, ie: working on the corporate side at places like Lowes, as a Project Manager or something... — read more 

Who is ultimately behind the direction the bank is being taken? Is it Charlie? Is it the Chairman of the Board? The Board? Is it regulators? If it’s Charlie - it’s concerning, at best, that a Top 5 Bank is being driven to mediocrity by the only... — read more 

Tali’s email said that additional guidance would be sent, but I’ve seen nothing and my manager hasn’t received anything either. Product teams were apparently going to be forced to go in on specific days so we could all “collaborate” in person (aka... — read more 

Doesn’t seem like there’s much interest in actually growing the business anyway. I’d rather have the certainty of severance than the mindf&$k of working here wondering if or when it’s my time. I spoke with an old boss who is in a completely... — read more 

Any word on Layoffs this upcoming Tuesday September 5th, a non pay week?

I am ok with RTO - but the parking is very expensive almost $90 p.m. Is parking so expensive? This is not SF or NY or similar big city downtown.

https://www.msn.com/en-us/money/careers/it-will-be-easier-to-replace-fully-remote-jobs-with-ai-a-leading-wfh-expert-says/ar-AA1g6kv6?ocid=hpmsn&cvid=7cb94742b0ef47e9adae2d4484bb3000&ei=8

I get my assigned work done and then log out after the required 6 hours in office . Why would I do more for a ‘meets’ and pathetic raise/bonus? Hard work is only rewarded with more hard work around here.

Until performance of mgrs is based on how well they manage DOWN as well as up, this place is a joke. It says a lot about WF that the CEO and mgrs disregard staff. Destined to fail.

I've have viewed posts speculating on certain locations such as Glen Allen, Virginia. Has there been any information around Concord California or Las Vegas locations?

so i'll start by saying i know a 401k loan isn't a wise decision but circumstances couldn't be helped. i'm on a team that is about 95% certain we are being displaced - they are sending our work to India. does anyone know how the 401k loan goes w/... — read more