Don’t know how many of you were watching this Town Hall this morning. SP joined for a few minutes- late I might add- and proceeded to talk about what a poorly managed company we are and implying none of us are doing anything right. Well dude the poor... — read more
Todays the day! The day to see if incentives and rewards are increased
Looking for an email anytime now, knowing retail mgmt they’ll probably send at 9pm eastern so we can’t see it until tomorrow. Will we start incentivizing CDs? Or paying out more than a measly sub quarter percent for referrals? Because if not we might... — read more
Company Expectations
Build High Performing Teams: Pick one, you can’t have both: Attract and retain the best talent. Improve diverse representation across levels.
Charles in charge - how much longer?
What do you think? How much longer will we have to endure Charlie’s wrath? Any wagers on our next fearless leader?
Fear of Layoffs Is Changing How People Buy Homes WSJ
Just another twist in the complicated mortgage market: Summarized via Chatgpt from Thought we might get this blog to talk about things other than RTO, CEO. More home buyers are including employment contingencies in their contracts, allowing... — read more
Does the WF CEO deserve a 2+ million dollar raise?
Layoff’s are continuing through April. What justification does the CEO have for an additional $2+ Million dollars raise? Has anything changed since our AWOL leader joined WF? Is this type of raise similar to other bank CEO’s that operate under... — read more
Severance package
Hey all, what’s the typical severance package? I work in the mortgage dept, while no one in my location has been laid off yet… we know it will eventually happen. Been at WF 3 years. I’ve heard so many different things but just wondering if anyone... — read more
Everyone ready???
Next round this Thurs
Active sho-ter training
The fact that we now have active sho-ter training courses on campus is a sign of how stressed workers have become. Does anyone else find this type of training concerning? Please remember that all of your coworkers are just as stressed. Please do not... — read more
Yet another COO organizational change: Head of Operations
Even LO is exhausted...
Living our Company Expectations
Amazing email, simply amazing from HR. We are decades overdue for WF to prove to us rather than the other way around on what it means to be a part of the bank. The culture keeps getting worse and certainly hasn't been exemplified by new management... — read more
Inevitable Commercial Real Estate Collapse
Just wondering how we work better together when everyone else is trying to offload office space because it’s an unnecessary expense? Wells Fargo is so heavily invested in office space (rentals and otherwise) that it makes up a significant portion of... — read more
RTO Resistance Reminder Thread
RTO is pointless at WF. At some other company? Maybe, maybe not. But at Wells, it's nonsensical, and we all know it. Remember: Never get gas near the office. Always get gas near home. Never buy food or coffee in or near the office... — read more
WF does not care about their employees
I'm a 16+ year veteran of Wells Fargo and can attest to this as an employee that has seen this company go down hill year after year. It's horrible enough that I will be ending my career with them in a couple weeks for a better opportunity outside of... — read more
Failed leadership
That feeling when your business line is wondering who is going to onboard and train the backfill employees after they got rid of all the management and the other workers quit….This place is run by absolute fools
I was on vacation last week
Did anything exciting happen while I was gone?
Twitter Says Parts of Its Source Code Were Leaked Online
….and that’s what you get for treating your employees like garbage. Our C-Suite is so arrogant and out-of-touch that they think they can rule the roost like Kings and not have any consequences for the cold reckless treatment of the peasants. I’m... — read more
The people who are for RTO...
Cannot manage themselves and need to be in the office and controlled. Are new in the workforce and cannot grasp why WFH is successful for those who have done it for years since they started at WF. Are simply parroting on these boards what... — read more
Wave/365 question for Technology
Is it true that Wave is expected to be replaced by Win365? That would be much more preferable than a non-persistent OS I can’t tune to my role
Commercial Banking Layoffs
Commercial Banking is reorganizing. The layoffs are coming!
Wells Fargo Advisors’ Stepped-up Hiring Sustains $2 Billion Recruiting Loan Tab
https://www.advisorhub.com/wells-fargo-advisors-stepped-up-hiring-sustains-2-billion-recruiting-loan-tab/ That's where the money goes
Rto
Does anyone know if it’s moving to 5 days a week? I am borderline about to quit as is!
Maybe
We should move everyone who advocates for in-office time OUT of their cozy, closed offices with beautiful views and into the cube plantations so we can see how long they would still support RTO.
Dumpster fire failing bank bailing out another failing bank?
At this point, everyone should wonder, why we came to the rescue and had to pony up 5 billion dollars when the bank in itself is in a massive mess. Systems are broken/outdated, we are one Manilla/hyderabad away from another payment failure (CFPB... — read more
So shareholders…
I get it. You want to sell the company. Typical pattern. Reduce staff to a minimum. Cut every cost possible. Move all actual work offshore. Make it look very attractive to potential buyers. So how attractive would a company look when it’s customers... — read more
Saul’s AMA with special guest, Leo
Nice of Saul to share the responsibility for destroying Technology. Their fates will be the same. To use wave, you need some kind of machine. Company supplied kiosk/NUC or BYOD. Kiosks and NUCs need to be imaged. Can’t do that when COSMIC is broken... — read more
WF mktg team incompetent
WF mktg campaign mgrs are lazy and don't know what they are doing. In-house agency is anything but a COE, constantly pumping out error-ridden files. Have never seen such a cluster in my career. This has been going on for yrs and it's amazing these... — read more
Does everyone hate working here?
Whenever I go into the office the conversations I have are all centered around how much we hate RTO/looking for a new job/being stuck in pointless meetings all day/how WF is going downhill LOL
This is a company that rewards mediocrity
Over the years, I’ve worked on so many teams with people who do almost nothing, always claiming to be sick, taking leave, generally dropping the ball, ignoring emails, and are the definition of incompetent. What happens to them? Absolutely nothing... — read more
Kovacevich was just on CNBC for damage control.
Guy could hardly string a sentence together he was so uncomfortable. He was putting Chainsaw's "uh, umm" rate to shame.
Saul's AMA
Lets hear it
I’m dreading returning to the office
I don’t want to go back to the life I had before. I’ve never been closer to my family thanks to the extra time I get to spend with them instead of commuting. I still work hard. I do my full hours and then some. And I’ve never been happier. I hate... — read more
Ki-l two birds with one stone
CS, Leo and the internal JPM takeover department. Here is what you need to do. Sell your mortgage servicing to ICE Mortgage services. In exchange for BKI's empower system. Sal can hook up his service now to Empower. Get rid of mide/mode/cosmos ... — read more
Make sure your personal email etc is in Workday.
I was laid off on Tuesday. My wonderful manager had no clue really what I was supposed to do, but that's pretty much par for the course with him. Just a heads up, make sure you have that info in workday because if you don't and you get canned, it's... — read more
Where is 10 billion dollars going?
Why does it take 3 months to receive system access approval? Why do I need to fill out an Excel sheet to obtain system access? Why can't I see my approval status in a single screen to identify who is holding up the approval? Why do I need to email... — read more
Alternative to RTO in the works
Leadership has heard our feedback and is working on developing an alternative option to RTO. Word is, the new policy will be that employees can skip an in-office day by providing evidence to their manager that they revved their engine in the driveway... — read more
Dir here
2/21 3/7 3/21 4/4
Do the right thing, Saul
It’s probably too late, but you need to put on your big boy pants and fire Leo. I know he scares you. He scares everyone. He cannot harm you. You are the only one who can do this. He has decimated Technology. COSMIC is already failing and there’s 3... — read more