If Wells Fargo wants to cut jobs get rid of Retail sales consultants and Business execution consultants. We have no sales people left. These people do not even got to any branches to help. Overpaid worthless employees
Consent Order
Front line control org is about to layoff at least 10%. Second line ITV is about to lay off 10%. Cutting expenses prior to getting feedback from regulators. Shipping work to I&P. Audit. A proven circus. Grab the popcorn. This is about to... — read more
I noticed this thread is slowing down
Did you all get laid off or realize this site is toxic.
July Tech Jobs Report - Strong Gains
https://www.ciodive.com/news/compTIA-july-tech-jobs-report-BLS/690033/
Who are the true “bad apples” at Wells Fargo?
The employees?? Please. I think it’s fascinating that Wells is putting so much time, effort and money in to “changing the organizational structure and building a framework to ensure deviant employees are following the rules …yada yada... — read more
RTO FUN
Lets say that WF is forcing people back in the office because the city or state or some government entity is going to give them a tax break Lets say that a worker in a high crime rate is injured going to or home from the office by a criminal That... — read more
Wells Fargo Tech is Failing
Wells Fargo tech is in big trouble. There have been major outages affecting large numbers of customers. Engineers have too many meetings and no time to be an engineer. Change freezes backing up the pipeline causing more risk. The 2024 tech budget... — read more
Layoffs today
Use this thread to share any info you have on layoffs happening today.
Wells Fargo is rated #1!! 🍾🍾🍾🍾
Oooops! Never mind…it’s the #1 Worst- Rated Bank in America according to it’s customers.
About layoffs and such
Layoffs are never ideal. But, life must go on. The entire company can't be in mourning or overly modest every time someone is laid off. One must compartmentalize to be successful. One must always look forward not backward. That's my advice for... — read more
Offshore support
can verify came out of mtg - prod support to move 90% offshore q1 next yr. leave skeleton crew 1-2 ppl in US. Offshore staff proved themselves worthier than US counterparts
25% off Wellsware Swag
Looks like demand is low since nobody is proud to work here any more. I threw all my stuff away last year and won’t be displaying anything. Hope it was worth it to destroy employee morale, Chuckie.
Agile Scrum calls or Show and Tell?
Had the fine opportunity to sit in anonymously in an agile scrum call this morning. Heard a whole monologue on how this one person cooked so much fine steak for their family over the past few weeks that their wives have shut them down. Im guessing... — read more
Layoff meeting questions
Who actually does the layoff meetings -is it HR or your manager or your manager's manager? What if your entire group including your manager gets laidoff at same time? Also what time of the day is this meeting?
job title match
Does anyone know equivalent job titles at other banks, for example if someone is a Senior Lead Analytics Consultant at WF what is the equivalent tittle at BOA, Ally, Truist, Citi Bank, USAA, and Chase. Chucky change the titles to 5/6 buckets across... — read more
3 days in office - does anybody know if it’s average?
Is that going to be averaging 3 days a week? Or every single week at least 3 days
I'm out on the annual employee survey
I've dutifully taken the survey every year that I've been here. I added thoughtful comments. I participated in the "action planning." Nothing ever changes. And now they won't even share the results with the employees. Action planning just results in... — read more
We should hire the leaders of…
the company who sells the elementary-school level annual compliance training classes to Wells Fargo leaders for $Billions, and convinces our leaders that these classes will reduce risk and will be worth taking 200,000 employees out of... — read more
Fraud/Misrepresentation
Recently came to know about an employee work in IT on fake identity. Wells has a situation where person who gave interview, person who joined the company and persons who actually doing the job are all three different person. IT consulting companies... — read more
New covid variant and RTO
People are showing up to office with cough and cold and spreading everywhere. The management should think about this . I got sick after two neighbours showed up today with cold and cough . 3 days rule is all fine but people should stay home if... — read more
Hiring problem in Technology
People are being hired from Bank of America not for their skills or experience but for…… And this is ruining us.
New brokerage firm
Sure if youb want to work for a bubbling id--t go work for DK or some of the former leaders who did nothing but let the company fall apart, develop no technology, lose clients , lose advisors. Half these leaders were asked to leave anyway.
Wells Fargo’s approach to annual online Compliance training doesn’t work, and wastes approximately $2.5 Billion per year.
Problem: 200,000+ employees are each mandated to take 25 to 30 classes every year which, for the most part, have NO RELEVANCE to our jobs. Forcing a Mutual Funds back office clerk to take classes on annuities, bribing foreign officials and the... — read more
Third Party Program Circus
Third Party Program is a joke. Where did these people come from? They have no common sense and never hear the feedback from the teams that have to execute the Third Party Program. The new system - STORM - is a nightmare because there was not real... — read more
Tues 8/22
Probably not the huge doomsday event the board is waiting for, but between one and several hundred across the bank via a variety of displacement vehicles or reasons. Another textbook shaping operation, small and diffuse to keep it under the radar... — read more
The death of the bank branch! Wells Fargo closes 37 stores in 16 states
Wells Fargo has filed to close an additional 37 branches across the US, further accelerating America's transition to automated banking... — read more
End of severance - no word of COBRA
I think today is my last severance paycheck and I have not heard anything about COBRA. Since getting laid off, I've experienced serious cardiac issues and will likely require open heart surgery. This is the 1st year that my family actually met the... — read more
Major cities reduced in size
What are some of the major cities that WF presence has reduced in size? Philadelphia - a year ago they lost 2 major buildings. 1 south broad street and 123 south broad. They are leaving 101 independence mall which was a satellite data center forever... — read more
Employee discounts
Once displaced, how long before employee free checking is no longer free and discounted credit card rates are increased?
Chainsaw Charlie
Got the ax after 25 years of service due to remote status and live in non hub location. I know it’s just business and to not take personal. But still feels like a kn--e in the back.
What are your thoughts about all the job title changes and reclassifications?
I think they are trying to make it more difficult to investigate and identify gender and racial pay gaps. (Especially since it’s been a reoccurring issue at Wells Fargo, and the BOD recommended a vote AGAINST a shareholder proposal to prepare an... — read more
Mortgage
Please stop laying off and grouping processors into hub locations. Charlotte is the worst talent. The managers can’t manage and the processors can’t process. With as few loans as we can barely manage to scrape up our current operations group... — read more
ECR
How long until RCR layoffs begin / end
RCSA Abuse
I want to start a thread for FST, IRM, ORBO,BACO, RAU ownership team members, and BCM to highlight the abuse they have received during RCSA workshops. I’m curious if this is a company-wide issue
Team Morale
It's been really bad for the past couple years here and they just keep making it worse and worse. Everyone on my team is checked out. Job title demotions, no real wage increases for years, benefits decreases, unqualified management who have no... — read more
Truth
One of the great ironies of working for Wells Fargo is the reward for success beyond your most optimistic hopes is compulsory dishonesty
Manager asks to make our calendars Public
Our team got a new manager that was hired from outside. Within the first week he asked us all to make our calendars public ‘to help with scheduling’. Does anyone else’s manager ask them to do this?
Things I will miss when I leave Wells Fargo:
Using my WhatsApp to conduct Wells Fargo business My official work pants The yes-men who are voluntarily working in the office 4 days per week .I. Oh Yea.. my boss wants to start having staff meetings first-thing every Monday morning “to... — read more