Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Wells Fargo credit card underwriting

Anyone have any experience working in the credit card underwriting department? I was laid off from mortgage a few months ago and was considering taking a role with credit card underwriting. Not too sure about this area.

Struggle Bus

In February, my position and department were eliminated in Home Lending. I avoided a layoff, and was reorg’d to a different line of business. I was a big fish in a small pond, and am now a minnow in the Atlantic Ocean. I like my new boss and team... — read more 

Chuck you Farlie

Anyone who has a pension go take a look at your lump sum value. Down by @ 1/3! Read the fine print as to how they can get away with this. Just another example of how Wells Fargo screws over their employees once again. CHUCK YOU FARLIE!

Missing property during Covid

I’m hearing from people that they had lots of stuff come up missing from their offices and cubes when they were told during Covid that they couldn’t enter the offices to retrieve them. Any truth to this? And

RCSA Budget Cuts

I’m just a mere monger that hasn’t paid for lunch in nearly 6 months because of RCSA. Great spreads they had. Danishes, muffins, wraps, pizza you name it. However…I’ve been noticing less and less spreads. I mean the firm is absolutely hemorrhaging... — read more 

I asked ChatGPT: How to Properly Conduct Layoffs

Conducting layoffs is a challenging and sensitive process that should be approached with careful planning, empathy, and transparency. Here are some steps to consider when conducting layoffs: Plan and strategize: Before initiating any layoffs... — read more 

More Racism at Wells

This is beyond frustrating to hear. I am ashamed to have ever worked for Wells or to even mention the name when talking to people. Why can’t they clean up their act??... — read more 

CIB lay off 6/15/23

Here is the deal. A big move from buildings in SF on that Thursday with everyone being told to WFH on the Friday. The move day is Thursday also a WFH day so they can move us obviously team members getting cut will be getting calls by 10am PST. ... — read more 

AI transformation at Wells Fargo?

per this link:htt?ps://www.linkedin.com/pulse/jp-morgan-winning-war-ai-talent-wall-st-greg-larkin AI talent is leaving the banks and going to Amazon and Google. Could these companies form a bank? Been out of the bank for a year. Don't remember... — read more 

anyone contacted EthicsLine for Wells Fargo?

have some concerns someone is running a side business with a potential conflict of interest. think of contacting EthicsLine, anyone tried before? or a better idea to escalate to boss first?

Criticism

A bit of a different question today. I've recognized that I tend to internalize constructive criticism, whether it's a small sarcastic remark on my work or someone pointing out a mistake that I couldn't have anticipated. I consider this a major... — read more 

As an employee and customer of Wells Fargo…

… I would like to point out that sometimes my Account Notifications work, and sometimes they don’t. I never change my settings. Wells Fargo Notifications just stop coming for days or weeks, and then they suddenly start working again. It sure makes me... — read more 

3-Day Mandate RTO from June to Everyone

It is said that by June, it had upped its requirement to three days per week for everyone. Also should spend reasonable time in office, not just badge swiping.

I'm leaving

This RTO has just pushed me over the edge. Out of the 10 people on my team, there's only 2 of us doing any actual work, and the other guy is here on a visa. The rest just push decks and having meeting. I'm going to find a 100% remote gig. Good... — read more 

If less than 7 directs, is mgr demoted?

With all my team's attrition, my mgr is below 7 direct reports (not sure if that's still the magic number). I thought anyone w/mgr title had to have a minimum DR headcount or else they would lose the mgr title. If not let go as part of attrition... — read more 

How much money is remote work worth?

I know it varies by person for different reasons, but how much would 100% remote be worth to you in salary adjustment. I realize it's absurd that where you sit would matter if your productivity is the same, but it is what it is. e.g., If deciding... — read more 

offices

Between the artificial led light, EMF pulsing all around and 65 degree air conditioning pumping all around, I can’t tell what is making me sickest the fastest. Anyone else feel disgusting at their office desk?

ALEXA - Amusing

Was just in a meeting and the person talking on the call was obviously at home and her Alexa reminded her of a call - while she was talking on a WF conference call. I thought it was a mandate that we have separate rooms and no alexa, echo, etc. in... — read more 

Management - Scared

Not sure about the rest of you, but I think all this cr-p is hitting the managers as well. My bosses boss was "displaced" a few weeks ago. And now my boss, who has always been an even keep type of boss, is raging at everyone and nit picking on... — read more 

VDI is dog sh-t.

That is all. I should start tracking how many hours I waste because of it.

Today is the Day

Today Thursday May 25 is going to be another sad day where we lose 1000s of good hard working employees. Expect an email around 10am local time for a meeting at10:30 am local. It’s going to be another blood bath. Good Luck everyone

Blessing in Disguise

If you recently got laid off from WF and are discouraged, please don’t be. It is a blessing in disguise. I was laid off from WFHM earlier in the year, I knew I was being underpaid but was never gonna leave anyway. Am glad WF pushed me out. Charles... — read more 

Finish ki-ling mortgage

Wells Fargo announced in January they were pulling out of mortgages. Please just pull the plug. Our rates are horrible. Our processors underwriters and closers are terrible (or what is left). Managers are clueless. Customer service scores are at... — read more 

Who wants to stage a walkout?

Looks like Amazon’s tech workers have the right idea. May 31st is D Day. What if every wage slave from tech to banking walked out in solidarity against RTO mandates and toxic mismanagement? Debt ceiling be damned. Let’s just burn it all... — read more 

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| 1320 views | | 11 replies (last May 27, 2023)
Post ID: @OP+1mMaazUE

Good bye Wells Fargo

Bye bye Wells Fargo. I am leaving as a HUGeE mortgage producer. Taking all of our processors that you threw out the door. We are all going to a competitor where we will bury this company in our city. Wells has a horrible reputation here so it... — read more 

**BOD DO YOUR JOB! WE ALL KNOW**INEQUALITY**

Hey Folks, Sooo Wells fargo is fueling the FRTO effort on this site. the captains and stooges are actively posting “FRTO” on this site to move the main page feed down, and promote a toxic work environment(in my opinion) Just look at the trend here... — read more 

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