Thoughts?

Post from yesterday was taken down, that should have you curious. Any news from the Charlotte risk offsite?

As Dimon protogé, CEO probably wants WF to fail. Well done, BOD.

That is why regulators won’t lift the assets cap and that’s why Charlie gets irritated when analysts ask about it. The second line of defense is not independent and despite all the superficial enhancement nothing is different. Regulators didn’t... — read more 

Big cuts next Tuesday. Especially in Risk and Controls.

Isn't it libel & slander if it's not true? If it affects bonus, job & merit increase, there's an economic correlation. This is a class action waiting to happen. Poor Risk Management on the Bank's part. Has anyone considered taking legal action on the... — read more 

Wells Fargo Aims to Provide up to $60 Million to Concordance Program with Money Surreptitiously Gained by Terminating their Own (Innocent) Employees https://finance.yahoo.com/news/wells-fargo-aims-60-million-153000945.html

Why are there so few mature, seasoned managers capable of making good decisions? On most of the teams I've been on, I've seen managers not knowing who is doing the work, easily taken in by the "BS artists" on their teams, very susceptible to ego... — read more 

Seriously. What’s the deal? We literally seem like a façade/sham line of business. Our leadership gaslights our importance on every conference call and All Team meeting (thanks for the nothing burgers Tanya). Who’s going to finance with a dinosaur... — read more 

Anyone have details on why employee move from WEC to Tower in Winston-Salem was abruptly cancelled? Thanks.

Does anyone know, if a mortgage HUB is being closed. Will the HMC'S in that HUB get laid off if not close to another? Retail HMC'S are basically fully remote already, and most very rarely go to the office.

Why is their so much background noise on your calls? It sounds like you are working in a restaurant or a day care most of the time. Seriously though, why can’t you be more professional with the time on calls and reduce that background noise? — read more 

Not to toot my own ho-n but it fills me with pride to say that we have setup a best in class policy framework in Corporate Risk. We have truly outdone ourselves. Now any Tom, Di-k or Harry, anywhere in the world, in first or second line of defence... — read more 

Go search LinkedIn for #WFVolunteers. It’s just pages and pages of the same two posts. Copy/pasted by all forms of employees engineers, tellers, hr, analysts, etc… Are these bot accounts, or is there some script that is passed around?

Layoffs on 8/8, 8/15, and 8/22.. Now for my rant! What is this mythological “Area Differential Pay”? And why do cities south of NYC Get Shafted? Is the policy just a myth aka phased out? The latest economic data for over 3+ years shows how the... — read more 

I am suprised not a single person on my team has asked me why I am allowed to be remote while they are being actively tallied for weekly office visits. If asked, answers would be all maybes: I'm special I'm a cockroach (HR probably wouldn't... — read more 

I am curious if people who have been laid off or displaced in the last few weeks from WF received a 60-day notice period and then their severance started. I have heard of some people getting a notice period and others not. Not sure the logic. Can... — read more 

I left for what I thought was a better paying job, but the catch is they don’t offer vision or dental. I immediately asked my old branch manager if I could come back and she said her and the DM agree they would love to have me back. I asked her what... — read more 

Pretty sad that the only thing to look forward to at WF is months w/3 paydays. September is right aeound the corner. How many will make it that far and how many will be laid off b4 then?

Just saw a job listing for summer interns… $36/hour. I’ve worked here over 10 years, have moved roles multiple times, and the interns will make 150% of my hourly rate. Must be nice.

Does that mean employee laid off?

You have to CARE about a company in order to have any hope of leading it out of difficult times. CS and crew don't given a dämn about the company or the employees. BOD doesn't care either, otherwise they would have picked a CEO who cares. This... — read more 

The pop from Charlie’s $30 Billion Buyback announcement lasted less than one week. (Don’t cry that I don’t know how stock buybacks work. I know the legalities well. He has been buying stock all along, so the $35 Billion he has already wasted... — read more 

As an employee of the bank and current member of this online community, I feel it is high time I address the growing torrent of inaccuracies and damaging speculation that are running rampant. It's become abundantly clear that some users here are... — read more 

Just got back from pto and read the email about simplified RTO. And at the end the lady said there would be something announced. And acted like we schooled be excited about it. ???

share your thoughts about joining the settlement?

Post the arrogance and hypocrisies of management here!

“ It was an absolute privilege, an honour and quite a humbling experience to have interacted with some of the senior most leaders - real brilliant minds - at the Wells Fargo Annual Leadership Conclave this past Friday! Not sure who was kissing TK’s... — read more 

Does it even matter? What use to crack me up about it was they would always move the date up when it was due. Or there was the date you had to submit before the drop dead date.

I could swear that my "Rally" dollars used to show up in my HSA a few days after completing an activity. During the layoff briefing they said everything would continue the same including getting our Rally dollars since that's part of the health plan... — read more 

WTF?? More highway robbery on Wells Fargo’s part. Why give Wells Fargo any kind of a tax credit when all they’re doing is undermining the US by offshoring jobs to India. Charlie Scharf has no scruples, no class, no honor and zero integrity. — read more 

Can anyone who has received severance at WF or is personally familiar with the severance paychecks please enlighten me? I want to have an idea of how this works before I get cut, if that ends up happening. During the notice period paychecks, do all... — read more 

These unsung heroes have made this world a better place to live. And at Wells Fargo they have gone beyond the call of duty to raise issues that carry little risk of addressing the actual root cause of any problem faced by Wells Fargo. Investment in... — read more 

I view the Buyback as an “inability to read the room” on our leaders’ part. Technically, we are still in jail for a pattern of unlawful behavior, and yet our leaders don’t have the common sense to lay low until they get the bank out of jail. The... — read more 

Changing the quarterly 401k match to annually Eliminating bonus targets Reducing salary transparency Tanking morale and productivity by employing forced ranking Making the lives of managers he-l by implementing spans and layers Your... — read more 

My Manager: Bob, how are you coming on that high-priority project?? Me: “I will get it done.” My Manager: What is the ETA? Me: “I been very careful not to put dates out there because I have to do my work.” My Manager: I know you have to do... — read more 

The whole concept of spending time to get into the bank and then having to take extra measures to protect yourself from unscrupulous coworkers is counter intuitive. What are some of the things you've done to protect your job & safeguard against... — read more 

During my review, I was told I am meets. When I log in to sign off on the review, I see inconsistently meets. What do I do? This is messed up.

Some random Wells Fargo employee hyping crypto under Wells Fargo’s name. https://www.cryptoglobe.com/latest/2023/07/xrp-wells-fargo-manager-says-my-price-prediction-is-anywhere-from-100-500-near-short-term/

And Yet another round on 8/8/2023. Gotta move them goalposts i guess. Not Fake news, although there will be deniers, and Charles in Charges minions out to Deny this i’m sure. For some, they have already been notified. For others, this will be there... — read more