haven't seen an rto post in a day or two so thought I post this interesting article I found https://www.bbc.com/worklife/article/20230317-the-workers-quietly-backtracking-on-return-to-office

Improve VPN capability that allows employees max of 2 days per week remote. If you cannot remote in because you have used up VPN allowed days you need to come to office or use PTO. Once PTOs run out HR gets involved. This also helps with people... — read more 

After displacing the COSMIC team, there is one guy desperately trying to support it. Leo has stated that it will be 3 months before COSMICs replacement will be ready. If anything goes wrong with COSMIC, that’s it. No new windows hardware can be... — read more 

Panic in the bank, Customers rush to withdraw, Money flows like sand.

https://www.marketwatch.com/story/does-it-pay-to-be-a-loyal-employee-a-new-study-says-it-may-just-result-in-extra-work-66110d0d

The reason the banking system is showing signs of distress is because global claims on resources are way out of line with our underlying physical realities. Money and debt are not intrinsically valuable, they are just symbolic claims on physical... — read more 

Internal Audit is now hiring individuals to lead audits that do not have any audit or control testing experience. Based on the nature of the hires I can only assume this is being done to meet DEI metrics. These metrics do affect Audit Director and... — read more 

How long until all of our jobs except customer facing roles are in EGS? Last record count was 46k+ over there with nearly 1k job postings open. WFCs NYSE name will be WFEGS in no time.

"...Scharf was still a senior at Johns Hopkins University when he started working at Commercial Credit Corp. part-time, having sent his resume to Jamie Dimon through family connections."

The MASSIVE layoff info posted here is a joke. 3/21 no wait 3/23. Not saying layoffs are not happening but there will never be a mass layoff all at once. Can we all agree on that?

https://www.nytimes.com/2023/03/15/business/wells-fargo-carrie-tolstedt-jail.html

C'mon you guys. The posts here are just dreadfully boring lately! It used to be that someone would post a rumor, and bam! It came true! The leak has been plugged it seems. Anyways, just wanted to let everyone know how much you've let me down. — read more 

its at www.youtube.com/@ALifeAfterLayoff Site is complimentary to this blog. The shorts are interesting... "How soon is too soon to quite the job you just started" and "Want to get promoted? Stop being the best at your job". "Interviewing... — read more 

Depositors want all their money guaranteed. LOL

I can’t help but notice that the Board recommends VOTING FOR Re-Election of all named Directors and VOTING AGAINST all Shareholder Proposals. That should tell shareholders (and employees) everything they need to know: WFC is run by a group of... — read more 

I fall into this bucket and unsure why that is. Early 2020 I chose to resign w/ severance over a forced relocation. HR canceled this plan when pandemic hit which rescinded my resignation. I looked up and down at all the documents and it was not... — read more 

Any insights on layoffs for tomorrow and what LOB it will impact?

Having served 5 years I received the email saying they'd be sending me a lucite plaque to use in my fireplace. Did it arrive, no, it's been 3 months. We can't even thank people for tolerating this he-l hole without screwing it up.

No more than 6600-ish but accounting for normal attrition, non-primary account closures, general clean-up I'd conservatively say 3300 have been displaced this month so far. Approx 1000 zz'd between 0001 and 0900 on 3/22, approx 1500 zz'd 3/21 +... — read more 

Three execs (Op Risk, Compliance and Operations) got together to brainstorm how to make their employees work life balance better due to RCSA and other related stressful programs. BJ spat out a bunch of cr-p, i.e. no meetings past 4 on Fridays, don't... — read more 

Seems like there has been some impact to front line jobs for CIB. Does anyone have any intel ? Also with the costs cuts happening within CIB front line why are the second line teams not getting impacted especially teams such as operational risk... — read more 

Back down below 40 even when we stand out as among the strongest banks in the recent crisis. We should be one of the main beneficiaries of the wave of incoming deposits from customers with over the FDIC limit at other banks. I’ve read new deposits... — read more 

Does WF have the most active lay-off community on the site? I’ve never seen anything like this

Tomorrow’s the big day. What will you do with the rest of your day after your meetings?

Will they roll the dice with .5% increase and watch the banking sector cave in like SVB because their Treasury investments are in the toilet? Is Charlie buying bonds? Does he care? He's already made over $100M on this WF circus, the greatest sh*tshow... — read more 

Looks like JPM is considering another bailout for the bank. Stock price still falling past another 45% decline.

It's like you think the world should only hold space for you and what you think should be acceptable. Either WF needs to stop with the training or amp it up cus it's obviously not working.

Cutting Corrrespondent was a compromise

and I'd just like to say "F off" to the worthless clowns in Hudson Yards. FRTO and eat the peanuts out of my S for turning this company into a BS laden day care where nonsensical corporate time-wasters and fake DIE initiatives are much more important... — read more 

This clearly wasn’t a “mass layoff.” Sure doesn’t seem like it. Does that invalidate many of the sources who frequently post on this site? Or, is it a case where that was actually the initial plan, and it’s been delayed due to the recent baking... — read more 

They have created so many new teams under Steve H. Will all of these teams survive layoffs??

Any Layoffs in Chandler?

Any layoff in corp risk ? Or they planning on in foreseeable future?

Feel free to correct the rudimentary assumptions I'm making. Per the last 10-K, on 12/31/22 there were 238k employees with 19% offshore. Obviously the numbers are different now, but for transparency purposes, I will use these figures. That means... — read more 

I wish someone can explain the selection process for layoff if not the manager. Is it tenure, pay, performance review? Is it random. I don't understand hard-working, well respected people being let go and dead wood with more pay left working in... — read more 

If you’re sitting in front of a WF issued windows device, it was imaged using COSMIC. That little icon that looks like a Xmas present in your systray, is the COSMIC agent. It’s what’s responsible for spinning up that device. COSMIC requires frequent... — read more 

There were no layoffs at all, anyone can say they were so and so and got laid off today but lie about it. If that were the case, man up and post your name here. That’s really the only way we could verify if you were truly laid off. There are weird... — read more