My boss has been MIA for almost three weeks every morning. He says hes in a RCA or RCSA that supposedly happens every year. What are these meetings for? Are they a coverup for something else more sinister like layoff planning? Who gets to go and... — read more 

Nothing but tech mandates/tech refreshes, BS paperwork for changes, old cr-ppy apps with zero test automation, and terribly designed systems. Some of us have been here too long and now we’re not marketable because we’ve been working on old tech for... — read more 

🤮

How can anyone actually like working here? Like does anyone get any personal satisfaction or fulfillment from their job at this place? It's endless meetings that have no point, doing useless work to fill up PowerPoint decks so it LOOKS like we're... — read more 

Four days a week is coming.

I have 30 year banking experience plus master degree (from a big ten school) I’m American and I have been with bank for over 14 years. My job is being offshored to India. I can definitely walk across the street and work for another bank, but if... — read more 

Who else gets stuck on calls with upper midwesterners that can't stop saying "right?" multiple times per spoken sentence? 🤮

Email just dropped. 3+ days a week minimum expected. otherwise HR firings starting in June. They are desperately trying to skip severance packages

A friend of mine knows an upper executive at BofA and she was recently told by him that an incredibly large number of laptops (possibly near 30%) haven’t been logged into in over a month, yet those employees were not terminated. . I wonder how Wells... — read more 

what happens to the $5 b WF deposited at First Republic now that Chase has taken over FR?

WEF — which hosts a gathering of global leaders in Davos, Switzerland, every year — found that employers expect to create 69 million new jobs by 2027 and eliminate 83 million positions. That will result in a net loss of 14 million jobs, equivalent to... — read more 

Elon Musk had to buy Twitter before he could drive the company in to the ground (laying off seasoned valuable employees, eliminating anyone who isn’t a yes-man, reckless decisions, worsening the customer-experience, wanting to charge long-... — read more 

Looking for the most cheesy WF-speak phrases commonly heard in meetings to put together a Bingo-type game. Some examples: Let's "pull-up" on that Users are "10-keying" data into the system Let's "put a pin" in that Move the needle ... — read more 

You don’t have to agree with everything the leaders of this company are doing. And you also don’t have to stay. Someone else would be happy to have your job.

This board is too populated with self righteous blowhards who lack the backbone to leave absent being laid off and collecting severance. I think it more likely, they are too lazy to put in the effort to find another job outside of WF or they have... — read more 

This article explains why Wells Fargo put money into first republic... While I don't yell at WF for doing something legal The question is.. What and how fast can WF minimize its exposure to its derivatives and what would the impact of those... — read more 

People hate Agile at Wells. It is a bit of extra work for grunts but I think is really necessary for management to steer the direction of the firm. Can someone tell me why agile is so bad?

If you are a long term employee of 25 plus years that was laid off you may be eligible for compensation that a lawyer can sue Wells Fargo for. See an employment lawyer to explore your options. Don’t think you don’t have rights. Age discrimination... — read more 

Imagine if all off us stopped doing work for a day. Slack off. Don’t do anything. And quiet quit. That will send a huge message to the exec team.

Big brother has been watching, the reports have been run, analyzed and sent to Managers. C suite is ready to come down hard with the hammer. Starting next week Managers will receive reports of employees who are not averaging 3 or more days in the... — read more 

How many of you have been looking for a new internal job? Are you waiting a long time for recruiters to reach out? I have not had luck in years since covid. When is it time to cut and run from an application, 2-3 weeks? I assume by that time... — read more 

https://finance.yahoo.com/m/2d33da15-61de-3a40-b280-16d1a01eeded/wells-fargo-launches-a-new.html Wells Fargo swings and misses, again. Who is our PR company? Best advice to Charlie is to prioritize running a fair and ethical business... — read more 

Thanks for the concern, Bei Ling. It really feels heartfelt and genuine since the bank is forcing RTO, laying off employees, stopped matching 401k per check, and is moving everyone to VDI to track "productivity" by the second... It really does feel... — read more 

That it all.

Wells Fargo ($5 billion) and other banks ($25 billion) made a huge $30 billion deposit to try to keep First Republic afloat. This was pushed by the administration and government, which absolutely hates Wells Fargo. We did their bidding, saved them... — read more 

What exactly is the hub and spoke model in layman's terms? I see that more business groups are adopting the concept, which has triggered hiring new roles, and laying off other people.

Since this is the layoff board does anyone know when the next rounds of layoff's going to happen?

Less than a year after coming to market with a $160 million asking price, the office tower at 550 California Street owned by Wells Fargo is likely to sell for about one-quarter of that price, according to a source close to the deal... — read more 

Wells Fargo didn’t act after an L.A. executive was ra--d by her boss, lawsuit alleges https://www.latimes.com/business/story/2023-02-07/wells-fargo-sued-over-se-ual-misconduct-complaint

Wonder when they will finally pull the plug and get rid of the rest of the worthless people left. They laid off everyone that was good and left us with the crumbs. Such a sad state. No Realtors or builders will do business with us. Customer... — read more 

Edited, and Retitled: How Long Will It Take These Fools to Figure Out I’ve Accomplished Nothing Wells Fargo CEO Charlie Scharf offered a candid (nonsensical) response at this week’s annual meeting to a question he hears frequently:... — read more 

https://finance.yahoo.com/news/exclusive-jpmorgan-employees-gripe-dimons-184136502.html Read this article today about employees complaining about Jamie’s hard stance on RTO. So I checked out their Layoff page and they average only 1 post every 2 or... — read more 

https://www.bizjournals.com/sanfrancisco/news/2023/04/26/wells-fargo-ceo-charlie-scharf-on-fixing-the-bank.html

did anyone see the 3 cubes in the union at the Jordan Creek Campus? Looks like we all better lose some weight as we are going to packed in like sardines. and no privacy at all. be ready to make some great friends when hybrid goes away :)

https://abc7.com/amp/oceanside-orange-county-scammers-wire-transfer-scam/13189471/

I know we’re all tired of RTO/accommodation posts, and here’s yet another. I have a situation in my family where I need to work from home for the month of May (until the end of the school you’re basically). Not medical, just a temporary schedule... — read more 

Is it really a huge process for a manager to promote a direct report to the next level of current role? Mgr says there a "list" and it could take years? WTF? didn't Workday streamline the process? anyone know? please don't reply with... — read more 

Thank goodness, this is going to be a real mess. Many problems are being reported. Whoever had this idea should be fired.