Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Decoding Charlie: What he says vs what he means

“I have the privilege to serve as the CEO and President of Wells Fargo” TRUTH: I am going to make everyone at Wells Fargo pay the price for my disappointment in not succeeding Jamie Dimon. “I look forward to sharing with you the many ways in... — read more 

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| 1000 views | | 8 replies (last September 1, 2023)
Post ID: @OP+1oovvLLz

Dear I heard Tech is Affected

Dear I heard Tech is Affected, Your recurring comment "I heard tech is affected" has not gone unnoticed. While humor and banter can be welcome in many spaces, it's crucial to recognize when a joke has run its course, especially on a professional... — read more 

Internal job posting

Has anyone had any experience posting for an internal position prior to being in your current position for the required 12 months. I’m thinking about asking my manager for approval to post out but I’ve only been in this job for 10 months. I wouldn’t... — read more 

Oregon layoffs from last week

https://katu.com/renderer/katu/amp/news/local/wells-fargo-to-lay-off-316-washington-county-based-workers-starting-in-october

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| 1460 views | | 8 replies (last September 1, 2023)
Post ID: @OP+1onP2knR

Watch The Big Short on Netflix

Good movie. Also a great reminder to never underestimate the greed, hubris, ignorance, incompetence and dishonesty of Big Bank executives.

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| 890 views | | 6 replies (last September 1, 2023)
Post ID: @OP+1on4IX2U

Quiet Cutting

https://www.msn.com/en-us/money/companies/companies-are-now-quiet-cutting-employees/ar-AA1fXlyY?ocid=hpmsn&cvid=31e137c8f9bb4c85844e11d1e30d3406&ei=9

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| 1420 views | | 6 replies (last September 2, 2023)
Post ID: @OP+1onc9RlD

Remote working not gonna last

I sit near a manager in an open air environment. He is continually telling employees who had remote working contracts prior to Covid that those contracts will no longer be honored. If you are remote working with Wells Fargo, I will probably come to... — read more 

Question about the number of offshored jobs….

Does anyone have any ideas as to how I could determine the total number of Wells Fargo jobs which are currently offshored to India and the Philippines? Are those the 2 primary locations? And are all offshore workers “Wells Fargo employees”, or are... — read more 

IT&V

I am considering taking a new role with a Corporate Risk team called IT&V. Is leadership strong? Is it safe?

Core Market and Key Specialty Market Locations

In past AMAs these core Market and key specialty market terms keep coming up. I wish they could have a list of these markets instead of keeping it hush hush and broadly referring to them. Me, I'd like to know if my location is not one so I can plan... — read more 

Instead of posting on this board, try this?

Many of you are rightfully frustrated and demoralized. You work for a company that is laying off people right and left and sending jobs overseas while announcing $30 BILLION dollar stock buybacks. They don't care about you one bit. You're a headcount... — read more 

EffCSandWF

Anyone else quit Wells Fargo and get a letter on the mail from cobra saying they were “terminated?” It’s a good thing I never intend on going back to Wells Fargo, ever. They’re really petty for that one. You didn’t fire me I quit! Wth?! — read more 

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| 950 views | | 6 replies (last September 1, 2023)
Post ID: @OP+1onMVvZH

Any updates on Sioux Falls

Sioux Falls is slowly being eliminated, we’ve closed three of our four buildings in the last couple years. Any word on when remote workers in SF will be affected? As a remote worker I thought about going into the office to possibly save myself, but... — read more 

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| 2370 views | | 9 replies (last September 5, 2023)
Post ID: @OP+1omU8OT4

More Layoffs for Frederick

Heard from a reliable source that more layoffs are coming between now and Oct. for former Frederick employees who are now remote.

The Major Hub post is not a lie

Call the op a troll and say it is lies but know it is the truth as major hub employees are safe(r) than anyone else it is FACT

COO, CCO and CAO plea for help

Please step up for Wells Fargo. We are dying here in this virulent environment. Literally. Excessive hours worked and still have a massive workload. Can the control teams do more than just ask for updates? Can 2L focus on substance instead of... — read more 

Fully Remote and Loving it!

A few years ago, Wells Fargo was di-king me around with in office versus remote work after they told many of us that they weren't paying corporate properties for leased space anymore, that we would be remote. Then they wanted us to go back to the... — read more 

ECMO HUBS

Can anyone confirm if Sioux Falls ECMO is toast?!

Rebuilding Trust

I often read certain people at the top talk about rebuilding trust (with customers). Just last week, someone in Chicago was in media talking about that. Perhaps first, they should rebuild trust with team members?! Start with the company culture... — read more 

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| 920 views | | 9 replies (last September 1, 2023)
Post ID: @OP+1omDpsId

Medical waiver to be remote…

I received a medical waiver to stay remote instead of going in the office(I am near a hub). I see several post about layoffs for remote employees. Should I be concerned?

I am the CEO of a large bank.

I accepted this job because no one else wanted it, so I don’t have to do much to keep my $24.5 Million coming in every year. What are they going to do - replace me?? 😂. In fact - I could run this company in to the ground and no one would say a... — read more 

Everyday Banking Team Leads

Heads up majority of Consumer Everyday Team Leads are getting demoted to Bankers they will be meeting with the impacted leads by Aug 31 and it will be effective Oct 1st.

happy tuesday

take a few seconds to look around and observe the the room and people amongst your right now. what a sad dump. upvote if you see it and are not in denial about the sad state of affairs.

Barnhart lease renewal

I see multiple comments that the lease in Hillsboro Oregon is not being renewed. Please provide link to info, seems like people are just trolling. Also, have folks from the Sunset location been given a move date? They have shifted the remaining folks... — read more 

It’s probably not going to work out

https://www.msn.com/en-us/money/companies/amazon-ceo-reportedly-told-remote-employees-it-s-probably-not-going-to-work-out/ar-AA1fUdFB?ocid=hpmsn&cvid=398a294a31fd450bb2c776f91a320b1a&ei=9

Annual Raises

Predictions on annual raises for this year? Last year, Bei sucessfully fought for a 5% average increase. What do you think the average will be this year? Will mid points ever adjust? Seems like they’ve been the same over the past ten years... — read more 

Service charge free checking - follow up if displaced

I was eligible for retirement with 44 years prior to being displaced. After my final severance check, I called H.R. to check my status. I learned H.R. recorded me as terminated instead of a retiree. As a result, my checking account was changed to... — read more 

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