I was laid off waited for the severance PTO bonus all that jazz and I couldn’t be happier. I am officially retired. I can now enjoy my life without all the Wells Fargo drama between Social Security 401(k) and other investments. I’m making more than I... — read more
Layoffs for “efficiency” = Cover for failing offshoring disaster?
For 5+ years, Wells Fargo has run an ambiguous layoff machine under the banner of “efficiency,” with quarterly severance accruals ($750M–$1B in 2023 alone) and global headcount slashed from ~268,000 (2019) to 217,000 (2024)—a net loss of ~51,000... — read more
"Do more with less" was the message 8+ years ago - now....
... it's do even more with almost nothing! Anyone else exhausted??
8 hour in-office expectations officially updated on teamworks
I noticed new items have been added in the expectations. Consider this an official warning that HR can use against you. In-office days are expected to be eight hours in the office (i.e., don't come in at all if you can't stay 8 hours, even if... — read more
Bank of America sued over not paying workers for PC boot up time in proposed class action lawsuit
https://www.hcamag.com/us/specialization/employment-law/bank-of-america-faces-lawsuit-over-alleged-unpaid-computer-boot-up-time/554302 This is very interesting read. I can see Bridget Engle getting fired and Charlie tossed as well for tracking... — read more
I’ve been slowly checking out mentally
My manager keeps giving my ideas to someone else, ignores my requests, and subtly pushes me aside. I could stew about it, but I decided a good old "fu-k it” is better for my health. After years of hard work, I’m finally done letting this toxic... — read more
Risk Location Strategy
Paused, don’t have the money to pay severance. Plan B = 4 days, 8 hours to drive attrition.
Mr Cooper problems or Wells problems? Asking for veteran friend
Hello Old friend who is both US Marine veteran and state trooper veteran is reaching out to me because Wells sold his loan or servicing -literally getting details right now- to Mr Cooper and Mr C is saying my friends escrow account is $2400 short... — read more
A Few Days Liberated from Wells Fargo’s Toxicity
I’m only a few days out from Wells Fargo, and the feeling is nothing short of liberation. After years of toxic management, mind games, tricks, and the constant drain of unhealthy dynamics, I finally feel like I can breathe again. What I’m curious... — read more
studies of efficient work focus
What if a work study is conducted and the results don’t align with the current hr/mgmt narrative or expectations? What if someone on the inside says she wasnt to use the results equitably? How might the team ensure that all findings are accurately... — read more
Wells Fargo is becoming known as a layoff machine
Not just within the company but outside as well. I guess word spreads fast when you're having cuts every two weeks. No wonder we can’t get any good candidates anymore. Good for them, su-ks for us.
They are laying off the recruiters.
They’re laying off the recruiters. And if you’re not a recruiter like me and you’re not living and breathing on LinkedIn, you’re probably not seeing this. But the majority of people that I’m seeing recently laid off are the recruiters. And you know... — read more
Model Risk Management is incompetent?
Anybody have experience working with them?
I am laid off today
it’s freaking Friday!!! How come???
Use AI, or you're fired
https://www.wsj.com/tech/ai/ai-work-use-performance-reviews-1e8975df?mod=hp_lead_pos7 For those of you too cheap to pay the buck a week: Julie Sweet, the chief executive of consulting giant Accenture ACN 1.83%increase; green up pointing triangle... — read more
worst job market
The economy is worse than it was in 2009, and there are very few jobs available in the market. Yet, the current administration does not send H-1B workers back or prioritize American citizens in hiring decisions. President Obama handled the 2009... — read more
Wells Fargo continues to cut employment as other Iowa companies also report layoffs
Wells Fargo continues to pare workers from its Jordan Creek campus in West Des Moines, announcing 113 layoffs in four separate postings on Iowa’s Worker Adjustment and Notification, or WARN, site since late... — read more
Stop dangling the package out there
I have come to the belief that the packages going forward are going to be significantly smaller if at all. From the grapevine i hear folks just waiting. Tell us we can leave with a half package and watch how many throw in the towel. No mas! No mas!
Wells Fargo CEO expects bank's workforce to shrink further
https://www.reuters.com/business/finance/wells-fargo-ceo-says-bank-not-under-pressure-make-acquisitions-2025-11-05/
Forbes best employers for women
Guess who didn’t make the list? https://www.forbes.com/lists/best-employers-women/
Indian is controlling Wellsfargo
Especially Technology. AI (All Indian) Company.
Layoff in December
rumor has it that Corp Risk will be impacted
From Top Performer to Target: Fired Without Severance After 20 Years
This company has become disgusting — the blatantly corrupt rating systems and hiring/firing practices are not only unethical, they’re borderline illegal. It’s only a matter of time before lawsuits force accountability. The so‑called leadership team... — read more
Mass exodus from tech controls
What is going with this team? So many leaders have departed and they are unable to retain talent. Place is a mess and it’s enough time to leave.
Internal move
Should you tell your manager that you have incoming interview with other team?
St. Louis AMA
Any updates from the Tech AMA in St. Louis on the 6th?
Illegal sick time practices at WF
How does WF get away with these practices of reducing PTO hours for usage of sick time? In NYC, the following law applies: “NYC's sick leave law, the Earned Safe and Sick Time Act (ESSTA), requires employers to provide paid time off for various... — read more
At what point do we acknowledge the impacts of AI?
https://finance.yahoo.com/news/layoff-announcements-surged-last-month-120353344.html Worse October for layoffs since 2003. Layoff levels reaching 2008 levels. It's time we start recognizing the fact that AI is impacting jobs. You may think AI... — read more
Is 7 Hours in Office Enough?
It’s pretty stupid that after knocking out my work, day after day I have to sit in my chair and wait to get my “8 Hours in”. Is 7-7.5 hours going to be enough to stay off the list? Or, are they really going after people who have 7.5 hours in office?... — read more
In office requirements…not a bit deal
This is probably the only channel I can say this on. But by God, people. Please get in line with the in-office requirements. 3 days and 8 hours is not that big of a deal. And if some of you lazy people keep looking for loopholes and abusing the... — read more
Tuesday layoff proven
If you really want to know... check out this reporting site. Get all the details! :https://layoffdata.com/company/wells-fargo/ Who says they won't lay us off during the holiday? This report proves they will!
MB of CTO
MB, CTO is on the move!
Interesting that there was a layoff this week
Man, Control Management was banged on. I didn't believe it, but this site actually had legit info. I see approximately 270 were severanced this week. I say approximately because the total count of severees went up by that number compared to a week... — read more
More layoffs to come
NEW YORK/TORONTO, Nov 5 (Reuters) - Wells Fargo (WFC.N), opens new tab CEO Charlie Scharf said on Wednesday he expects the U.S. bank's workforce to decline further as it focuses on efficiency. "It's likely we'll have less headcount as we look forward... — read more
Where else can I get paid this well?
I am a P4 at the top of my salary band, making $175k base and about $50k bonus the last few years. I’ve been with the company awhile so I have great PTO, and I have always been a top performer. The recent culture shifts and in office expectations are... — read more
TIMELINE - BONUS - PERF RATINGS
What is the timeline for Manager submit perf rating. Bonus amount confirmed. I got the enroll in deferred compensation email today .
Am fired today
My boss has been bullying me. Gave me tasks that can’t be done. They fired me with cause today. No severance. Am software engineer.
Layoffs every Tuesday?
Some coworkers I worked with every now and then were just let go yesterday. Are they doing layoffs every Tuesday now??
A Beautiful Day for a Ball Game
First you have to search for a parking space. Next after the parking lot experience, your search for a desk will be pretty much fruitless so you work in a break area. Then when you have to go you have to search for an open stall. Three hours at a... — read more
Premier banker settlement
how does this payout work? When would we receive the settlement?