Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

BRICS Summitt

Sure I'm late to the party in understanding BRICS. And sadly I'm now more inclined to believe our CEO and OCC are trying to harm our workplace and the US economy. Leadership signing off to pay a fine for deceiving investors; hiring people from BRICS... — read more 

Negative People at WF

I enjoy laughing at the uninformed people on here. Got a kick out of the person who created a thread earlier, responded to themselves, and upvoted their comments and downed others. You do not believe people here make 150K? Lol. If we do, it must be... — read more 

About to be free

Waited for package but wasn’t displaced. Everyday I wake up miserably because of work. Just turned in two week notice and I feel the best I have in a couple years. Good luck to everyone wanting to be displaced. PTO first week and wrapping... — read more 

New RTO expectations for all of technology

Our vision for a more connected culture that promotes collaboration, belonging, and AGILE was of working is build upon an in person culture that prioritizes flexibility. Blah blah... Beginning Sept 5, all tech employees regardless of team or role... — read more 

Say what you want

Say what you want, but despite all the negatives, WFC still pays well. I've looked at several major competitors and from available data, they are all underpaying. I also interviewed with some and received an offer and I can tell you, nothing comes... — read more 

CISO

The incompetence and arrogance of so called leaders in CISO is unbelievable. If caught we will be fined again. The new guy from Visa, and the newer guy from DTCC should all be fired. Today.

WF cybersecurity LOB layoffs coming

Lots of managers and directors in San Francisco this week. Talking about plan of action for cutting American personnel while maintaining line of business status quo. Plan of action were talked about in San Francisco this week be prepared for the... — read more 

Another Real Reason for RTO

Another interesting blurb on the real reasons for RTO expectations. See Here: https://www.axios.com/local/twin-cities/2023/08/25/target-backlash-remote-work-downtown-minneapolis

Can this be confirmed?

Layoffs started in STL office Tuesday. Sounds like more layoffs coming across all HQ offices in next few weeks.

CSBB AMA with SVB

Share your thoughts and musings on todays Ask Me Anything with Saul. I know many do not watch but I like to see and hear the BS directly. It was awkward when he went on about people who want to be anonymous and then how he hopes we can give... — read more 

Article nails it on productivity

https://www.entrepreneur.com/leadership/productivity-is-at-an-all-time-low-because-were-failing/456861 Hits the nail on the head. When I had autonomy, I worked myself to death for this company. Now I spend all my time trying to mitigate the damage... — read more 

Did they layoff most of the cpg staff?

Serious question- they used to leave a piece of paper that said the cubicle was cleaned. Now that is gone, along with cleaning wipes. Also, 7 times out of 10 there is something not working or is missing on the desk - camera, mouse, monitor, chair-... — read more 

Wells Fargo experiencing issues with banking system

Wells Fargo experienced issues with some aspects of its banking system on Thursday night, according to the bank itself and hundreds of complaints on Downdetector, a platform that tracks service outages. Problems ranged from transferring funds to... — read more 

Cubicles

And we have reached the end of the cycle where 1995 cubicles are becoming cool again Took 28 years I am convinced trends somehow happen in 7 year periods 1995-2002 cubicles good 2009-2016 cubicles bad -> open offices good 2016-2023 open... — read more 

Has anyone seen the COO?

SP was supposed to lead the big "update on our transformation" call in March that got cancelled and was never rescheduled, even though they initially said it would be. I haven't seen/heard anything from him ever since. Not that I'm complaining, he's... — read more 

What's the Status on the Asset Cap?

It's been more than 5 years now. When will it be lifted? Charlie does not talk much about this from what I have heard. I thought this was like his main focus. Has he failed?

Displacement Services

Has anyone had any success utilizing the displacement services provided by Wells Fargo; Wells Fargo direct support services or Lee Hecht? Seems like LHH services are just reading and video resources that we can locate on our own. A free resume... — read more 

Events

So here we are again. Our division just can't stop entertaining us. I rarely attend. After hours drinks, during hours drinks, snacks, various competitions, professional sporting events with prime seating, and on an on. Team building they call it... — read more 

Cultural Navigator

How many emails do we need about Cultural Naviagtor? Seriously. Don't trust sharing anything with this company. Recommend everyone change their settings to not share with others -- not colleagues, not teams, not administrators -- no one. Everything... — read more 

Severance pay

Have any of you taken the lump sum? Pros and cons ? (Taking the health insurance factor out) Is it taxed hire than the regularly distributed wage ?

Global Employee Survey

"We want to hear from you".... do they? DO THEY REALLY? Or are they just saying that to try and appease us but honestly don't care, won't take any of our thoughts into consideration and it will be a big, morale dampening heaping pile of... — read more 

Charlie and this Board don’t *get it.*

Wells Fargo announces a $30,000,000,000 Company Stock Buyback and the stock falls 5 points in less than one month? Why? Because the shareholders don’t trust this leadership team any more than employees, regulators and customers do. **An offer... — read more 

Where is Everyone Applying

I really want to leave WF for greener pastures but where would this be? Not sure I want to remain in the financal industry but would like feedback as to what companies others are interested in. I would love to hear from anyone who has left for... — read more 

Tangled Web

The more WF tries to streamline everything, the more redundant and chaotic things become and I think it’s become a big tangled mess including getting paid well to do some very easy stuff

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