A real conversation I had recently: Manager: "The bank is continuing to seek out ways to cut costs. You are very valuable to the team and would like to know if you'd consider moving to a hub location to increase chances of keeping your job." Me:... — read more 

Just got a new crop of Program Analysts hired in to be trained and replace the outgoing folks. Zero skills seems to be ok if you fit the bill.

With all the performance issues Wells Fargo has, management believes it is a good idea to take 2000+ away from their actual jobs to discuss the nonsense that is DE&I. Not to mention they have allocated a person and I assume staff to 'work" on this... — read more 

For those of you who own stock, here’s another one! I’ve received at least 4 checks from scandals and settlements in the last year. Easy money for the mess Chuckie won’t clean up! http://www.wellsfargo2018securitieslitigation.com/ — read more 

WF executive leadership is always making business decisions for the stakeholders. What the ground floor personnel never put together is the primary stakeholders is the executive board themselves (CEO, CTO, CIO,etc ) meaning they need to make money... — read more 

When I first started going back in my floor was largely empty and it was easy for my team to sit near other. Now more people are coming in and cubes are filling up. Ok fine just look for another. But the problem is some people are leaving stuff in... — read more 

https://www.bloomberg.com/news/articles/2023-05-22/jpmorgan-investor-day-2023-key-takeaways-from-presentation?utm_source=website&utm_medium=share&utm_campaign=copy

For Wells Fargo or any other corporation https://vo.la/emhnm

Hi All - I am not with Wells Fargo but I am trying to build a list of different approaches to RTO. I am focusing on large companies that have presence here on layoffs.com (I am assuming I can get employees to speak up here). Anyhow, if you feel... — read more 

By now mgrs should be seeing the badge swipe reports ---anyone been in trouble or heard any second hand stories of mgr/direct conversations?

Looks like the cat is out of the bag. Viva la revolution!✊🏼 https://news.bloomberglaw.com/banking-law/wells-fargo-faces-third-claim-of-intimidating-union-organizers

Sounds like they want 90+% of the staff to work from India. more layoffs coming in the US. the constant mind F for US folks is to encourage as many to quit as possible so they can run the whole operation from India

This happened practically overnight. What's going on?

Another leadership casualty under N8 Herman.

Guys they're laying off hundreds in Des Monies weekly. At the same time WF India Bangalore employees and their families are invited to Hawaiian style "Ohana" parties, with clown shows, entertainment, the works. If you're American enough is enough... — read more 

"Employee Counts vs Outstanding Shares of WFC stock - CS is running WFC like a corporate raider - slashing jobs and using the savings to buy back stock: its almost 1:1. Part of CEO compensation package is to "get stock price up" - this is how hes... — read more 

sort by new https://www.reddit.com/r/WellsFargoUnited

100% state owned and controlled, with 100% of deposits. Everyone will soon work there.

Get the agony over with. Working here is a mind fu-k. It’s a horrible abusive relationship where we are treated like d-mb children, gaslit about everything, get no resources to do our jobs, get a pay raise that doesn’t meet inflation, told we can’t... — read more 

https://www.desmoinesregister.com/story/money/business/2023/05/22/wells-fargo-cuts-west-des-moines-jobs-sheds-500-workers-since-2022-mortgage-business-jordan-creek/70243245007/ Recap of what's happen

There are people who get work from home exceptions that live within the 40 miles and did not WFH previous to pandemic. They get a magic email informing them of this. Anyone terminated for cause b/c of RTO has grounds for a class action lawsuit. ... — read more 

This is the headline in the WSJ this morning. (I don’t have a subscription, or I would have pasted the article.) But, the headline has me thinking…. The Federal Asset Cap limits our growth so why isn’t getting us out from under the Cap Charlie &... — read more 

Someone posted a link to view all cases settled by corporations recently. I can't find it. If anyone has it, can you post it here? I'd swear it started with "v".

Where is your leadership and commitment? Do you have a clear long term strategy for WFC? Why do you think the asset cap since 2018 ( you’ve been the CEO since 10/2019) has not been lifted and will likely not in the near future? You can’t even be a... — read more 

https://www.vox.com/technology/2023/5/15/23721410/return-to-office-remote-work-commercial-real-estate The so-called “return to the office” has been underway for a while now, and it’s a bit of a mess. Sure, more people are going to the office more... — read more 

Number one issue with wellsfargo a. Many managers are individual contributors and do not have any leadership skills. You need to bring people who can motivate and move things as a team not giving orders or taking the work doing yourself and brag... — read more 

https://newsroom.wf.com/English/news-releases/default.aspx Another case of our C-Suite having their head in the sand. No mention of anything that doesn’t fit in to the PR Spin or doesn’t support their particular view of the bank. No stories about... — read more 

I ama mortgage processor in the Charlotte hub. My team was completely laid off due to this insane HUB mentality. So now the few of us left have no one left to ask for help. They laid off all of our seasoned knowledgeable workers just because they... — read more 

https://www.law.com/therecorder/2023/05/19/wells-fargo-sharholder-suit-claims-companys-misrepresentations-inflated-mortgage-car-loan-rates/

for purposes of the site…. there is typically Layoffs on last Tuesday of this month(in my opion). Remember, the only tool in the dinosaurs toolbox is to cutt headcount/offshore. Let’s thank our thoughtless leader. Now, onto my rant…. The out... — read more 

https://youtube.com/watch?v=5ZfKGiCmuVA&feature=share An interesting excerpt talks about the 3 main priorities for employees now. They care about: Job security - 👎 at Wells, intentionally destroyed by Charlie Share price - 👎 at Wells... — read more 

https://www.justice.gov/usao-cdca/pr/former-wells-fargo-executive-agrees-plead-guilty-obstructing-bank-examination This lady can rot in he-l. She ruined people's lives. Anyone who worked in her org who did not play along was fired or blackballed. — read more 

Quiet quitting is the future of work at soulless large companies. There is no incentive for going above and beyond.

The entire Bay Area team was let go on Tuesday. Moving jobs to NYC.

Neckties were an essential business requirement for ages. At some point, people had had enough of the mostly pointless ritual and began rejecting the norm. Even still, stodgy companies required it with the argument that it was necessary for being... — read more 

Another wave of layoffs will hit technology on Tuesday. Survivors will get to attend TKs town hall on Thursday. I expect that will be my last day.

I see this popping up often in posts. Why? None of us did anything wrong. Every scandal related to the bank is a direct result of our leadership and the rest of the upper management. So why would any rank-and-file employees see working here as a... — read more 

https://sfstandard.com/housing-development/wi---e-brown-prominent-civil-rights-lawyer-back-lawsuit-accusing-wells-fargo-of-anti-black-discrimination/

I’ve heard rumors about this and so have the FA’s in my office. Any word?