From Reuters Wells Fargo: severance likely to rise in fourth quarter Bank will roll out AI gradually over the next year and beyond More efficiencies to come from AI, CEO says Dec 9 (Reuters) - Wells Fargo (WFC.N), opens new tab expects more cuts to... — read more 

Cyber security executives have recently been firing people because they have been putting their own spin on executive orders and thus individuals have been terminated for not meeting company expected standards. Starting in quarter one management is... — read more 

Many ER Consultants in the Accommodations team were laid off today. Anyone emailing them is getting an auto reply saying, “One of my teammates will be contacting you soon regarding your open accommodations request.” Looks like a big cut hit that... — read more 

Five peeps in 2 weeks terminated, not laid off. I’m not convinced all of them went through performance improvement process. We know job reductions are coming in 2025, is this the norm so they don’t have to pay severance?

I’m not convinced anyone new will do wonders for my team, but watching him leave after all the damage he caused was so, so satisfying.

Seems like the rumor is coming true https://www.masondc.com/blog/contract-awarded-wells-fargo-one-flagler

Safe?

(A Wells Fargo Christmas Carol) ’Twas the night before layoffs, and all through the bank, Not a creature was stirring, not even a crank. The severance packets were hung by the chimney with care, In hopes that Saint Charlie soon would be there. The... — read more 

More layoffs are coming around the mountain. Happy Holidays

Good luck to all!

Let's say that HR determines you violated company policies, with a totally clean prior record. Is it then always up to the manager to decide to either keep or to terminate you?

80% is Indian. Where is the diversity?

Why does Wells Fargo continue to promote managers who run teams through intimidation? It makes no sense to me that people who rely only on yelling and threats are seen by those higher up as high performers, but apparently they are, because it keeps... — read more 

I was doing some tinkering with AI and thought to share: ⭐ 3. Set internal boundaries with AI pressure and dashboards Dashboards are not reality. AI promises are not reality. The “push of a button” narrative is not reality. But your body reacts... — read more 

are folks that get severance supposed to talk about what they got if it's a more generous payout than what the policy allows (2 weeks for every year)? do fired employees get severance? Has anyone heard of such a thing?

Let that number really sink in. I always rolled my eyes when people told me to "just be happy you have a job" while I was complaining about all the issues we face day to day, but seeing numbers like this makes me understand, at least a little, why... — read more 

https://m.economictimes.com/news/new-updates/the-500-years-old-temple-where-techies-go-to-fulfil-their-american-dream-no-puja-just-personal-connection-with-deity/amp_articleshow/124119110.cms

I was paid just fine during the 60 days, and I submitted the severance docs early on. I didn't get paid on 12/5 though. It's there a delay for the first severance check?

I love how leadership claims forced stack ranking isn’t happening. It is. 100%. India is not part of it. So if your team has 15 US and 5 India the rankings are only for the 15 US. That means one or two of you will get less than meets even if you do... — read more 

I’d love to know how much money is being burned on that hallucinating mess, and how many people were pushed out specifically “because of AI.” Sure, most cuts were really about offshoring, but some people absolutely were replaced in the name of AI... — read more 

I tried, and I can't. I get so worked up ahead of every other Tuesday and then it takes me a few days to calm down afterwards. Rinse and repeat. Yet I see so many of my coworkers act like it's not a big deal. How do you reach that point, because... — read more 

I ’ve read your posts, and I see a lot of pain, anger, and smart people struggling to land. Yes, the market is tough, and yes, offshore/H1B is a factor, but let's talk about the biggest hurdle: Your Wells Fargo Leadership Narrative. You were trained... — read more 

Wells Fargo sure picked some doozy insurance companies. I’m paying for all my prescriptions and MetLife won’t pay out on critical illness insurance. Aetna never had any co-pays when I picked up my prescriptions. United healthcare won’t even cover... — read more 

So I went to my morning meeting. We all joined. Some were still waking up (west coast) and others had already consumed multiple cups of coffee. "good morning!" said the scrum master. "mmmmm" said we all. "OK so we are going to go through the... — read more 

Been with WF for a looooong time. And I have to say, this is the worst nepotism I've ever seen. Its true. And for those of us who have been around as long as I, we might have gotten one or two back in the day. Soon, they were acclimated to WF and we... — read more 

From folks who say, "The company doesn't have to give severance..." or "other companies do much less....". What EFFIN BS. Yes, WF HAS to provide severance. They have to abide by the employee handbook which they have published. For all you mo--ns... — read more 

Thread title and anyone have any idea if they were to do so how long it would take to change it?

Once there was a bank that made record profits because their employees worked to lift the asset cap. Then one day Scrooge decided force rank employees so at least one from each team got cut no matter how good they were. That year the families that... — read more 

Wish you a merry Christmas. Hope your children enjoy my daughter’s presents and your husband appreciates my family’s turkey. We love you in the trenches. Make a few more mince policies.

Pretty sure "managers" outnumber the employees considering I found over 2,000 that have no direct reports. Is Wells running a laundry??

"Wells Fargo Names Saul Van Beurden to Lead Artificial Intelligence; Kleber Santos to Expand Responsibilities and Serve as Co-CEO of Consumer Banking and Lending with Van Beurden" cannot be good for TK, previous AI cheerleader.

I have no problem with 4 days back in the office starting 3/30/28 but can we please have our frigging desks back??? I don’t want a HS locker with a combo lock I need to contact building maintenance to open up for me every 2 weeks. If the powers... — read more 

Everyone in your management chain above your 1-up are buddies from a previous financial institution. You would think they might try to hide that fact rather than broadcast it. The who you know, not what you know, is in full swing.

Just FYI- pregnancy is a valid reason for an in-office exemption. It's called an "accommodation request" and extremely easy to submit the form. I submitted the form at 3pm and I was called the next day at 7:30am and it was approved by 9am and took... — read more 

Every time the cuts hit, it feels like they're pulling names out of a hat because skills and performance and dedication never seem to matter in the final call. It turns the whole thing into a layoff lottery, and after watching that play out over and... — read more 

I was laid off on October 28 and I was wondering when they pay out the unused PTO. Thank you in advance for your response.

I heard they cut some of the fat cats at the top of the hierarchy. They are making them reapply for their positions while also providing severance pay? I haven't noticed any of those positions listed either internally or externally. From what I hear... — read more 

Here are some rough numbers pulled from the WARN Tracker website. This shows the number of rounds of layoff occurrences for each year. For example, employees were laid off during 24 instances of layoffs in 2025. Sobering numbers to say the... — read more 

So one of my close friends is a manager and he showed me what he sees: how many days per week in the office and total hours per day in the office (badge in/out or network connection, he is not sure know how the hours are actually being tracked). Well... — read more 

If we want to show collective action and that employees are mad about layoffs let’s do something harmless but shows we can organize and act. Everyone do zero work between 10 am and 10:15 am ET next Tuesday Dec 9. All 200k of us. It’s just to show... — read more