Just got word...

Curious what happens to your severance if you get a job outside of WF? does WF severance continue thru the allotted time period or does it stop?

it's happening... Controls, Technology... They have been hiring about 8,000 people in India with execs and directors traveling to India and preparing teams there for months. Looks like today is the day...

got some cheese email from someone in controls management (Julia Bate's org) saying it was "their time to received 'the package'".. Some 21 year lifer...

I've not been approached and am not interested, but in an SSO (part of COO) town hall three weeks back, KK said outright that non-hub folks will be let go and should start looking at hub jobs or relocating. I'm assuming this is happening in other... — read more 

wonder how he'll spin it. about 20 years worth of his salary. https://www.cnbc.com/2023/08/08/regulators-hit-wall-street-banks-with-549-million-in-penalties-for-record-keeping-failures-.html

That Wells Fargo gets caught conducting fake interviews of diverse candidates, a class action lawsuit is filed against us for denying mortgage loans to non-white applicants, and our BOD gets sued for ignoring pervasive issues of discrimination; and... — read more 

is it normal for a company to make working conditions difficult to drive attrition? Here are the results: Intentional Attrition Strategy: WF is overtly creating conditions that they know will lead to attrition. Neglect or Mismanagement: WF is... — read more 

There's one thing I realized about working at WFC. If you want to get promoted to higher levels of management, you have to prove that you have no moral compass and you are more than willing to nod your head in the affirmative at whatever is put on... — read more 

List all the details about displacements for you/your group for 8/8. Which Business Group/Enterprise Function and sub-group (don’t use acronyms)? How many people? Any managers impacted? Remote workers or non hub workers? Did you participate in... — read more 

Was two weeks into a medical leave for depression and anxiety when my manager called me and said my role was being eliminated. I will return on October 1, which my manager said would be a 60 day period where I could find another role within Wells... — read more 

On July 25th, I experienced a workforce reduction, leading me to embark on an initiative wherein I effectively persuaded a comprehensive network of friends and family to undertake the closure of their accounts, both commercial and non-commercial... — read more 

Quick reality check here. I know there's a lot of chatter that directors or execs are always clued in on stuff like layoffs, org changes, and such. But honestly? They're often just as surprised as anyone else. I'm in meetings with these guys, and... — read more 

Well here we go. Was just on a call with the COO, HR, Legal and others where RTO status was being discussed and it was confirmed, 4 days in office with 1 day remote is going to be mandated, they are just working out the messaging and timing.

That Wells Fargo has been described as a “corporate recidivist”, the most problematic repeat offenders of all banks; and we are donating $60 Million to an Anti-Recidivism Program for criminal offenders??? 😏

Let's call them facilitators, hyperfocused on their own job security that they do their best to be as frictionless as possible w/ upper mgmt. Oh my how awful it would be to contribute one's own thoughts for improvements upstream! Instead we wait for... — read more 

Reports that fraudulent bank accounts have resurfaced at Wells Fargo are lies. We have a rolls and rolls of documentation available for “know your client” controls in all our toilet stalls.

Hearing hubs are getting one single screen instead of the dual monitors? Who’s the id--t that thought of this!

A closer look reveals that developers are shouldering the automation testing responsibility without genuine interest or expertise in automation. While this cross-functional approach seems practical on paper, it often results in automation testing... — read more 

Busy, busy, busy - Our leaders diverting the public with ridiculous amounts of visible activity and chaos masking minimal movement forward. The three-ring model ensures that the show goes on, and exploited customers and investors are regularly... — read more 

If the 8/8 potential news is true, stay strong, positive thoughts. Good people working in the group.

Treat them well or all is lost! Hoping execs understand this very soon!

We can see from the lost deposits how good that solution is. Keep it up Charlie..

Wells is such a feast for the fraudsters. It is now public knowledge that despite spending billions on RCSA they don’t have basic controls for opening fake accounts, fraudulent payments, missing deposits … risk management is a con here … this bank is... — read more 

Does our Marketing Team read the news? Doing Gets It Done We're the bank of putting people and communities first. The bank of rolling up our sleeves and getting involved. We're the bank of walking the walk and taking action. That’s the... — read more 

I don’t get a sense agile really took off. Thoughts? Where is RC the guy that came in and basically hired a bunch of people that never worked in a regulated industry before to push out his version of the truth. I hear he’s in corporate properties... — read more 

There once was a king named Charlie. He feasted on steaks while the peasants ate barley. He thought he would be the successor to Jamie. That tuned out to be a load of cockamamie. He took his failure out on his new kingdom by destroying their... — read more 

I as well as many of you will be laid off on 8/8. Many of you don't know it yet. I got pre-notification. If you are in a non-hub location, you are toast.

Everyone’s so creative! Yet another attempt by tech to reinvent the narrative around the fact they are woefully overbudget and can’t deal with today. It’s all well and good to talk about optimization and client and customer trust (a personal... — read more 

WF is synonymous w/incompetence and untrustworthiness. It's not that difficult to do the right thing and serve customers' banking needs. However, WF has not made it a priority to do so, and therein lies the problem. CEO and his cronies are grifters... — read more 

As a cost-cutting measure, I kicked 2 of the kids (girls) out of the house. Someone reported me to CPS, so I made a generous contribution to Big Brothers Big Sisters of America. Legally adopted a fully grown man from India. (Needed cheap help... — read more 

Anyone aware if this location is remaining so far? Expected to close?

https://www.wlox.com/2023/08/04/wells-fargo-bank-customers-report-missing-deposits/?utm_source=twitter&utm_medium=social&utm_campaign=snd&utm_content=wlox

We are preparing for the next non-hub layoff. Outside of San Fran? Remote in MN? St-----g it in Colorado Springs? Think you’re safe in Winston Salem? Watch yourselves. I have no proof other than teams preparing.

It's time to get the stock price up, reduce expenses, and trim some heads. Charlie needs to clean house further to improve efficiency ratio and drive more productivity and results so that folks step up and execute or lose their jobs. Way too much... — read more 

Are there any consequences for inconsistently meets ? Thinking about dropping down a level!!

https://www.mercurynews.com/2023/08/02/wells-fargo-accused-of-new-fake-accounts-scam-in-lawsuit-alleging-racketeering-identity-fraud/amp/ abuses, and refunded tens of millions of dollars to customers that year over fees for “add-on” products... — read more 

“The base salary and incentive pay for Wells Fargo & Co. chief executive and president Charles Scharf was unchanged in fiscal 2022 — confirming what the bank’s board of directors took the unusual step to announce on Jan. 27. ****However, Scharf’s... — read more 

Typically the company deposits my paycheck on Wednesdays. So far it hasn’t happened yet anyone else experiencing the same issue that gets early pay?