how does this payout work? When would we receive the settlement?
BONUS - CALIBRATION -SCRXXWED
Corporate Risk - I hear DF will do the calibration himself and they are mandated to give 20% “not meet”. The only metrics DF office have common to all corporate risk employees is RTO and 8 hour data. If this is the case , then I am sc--wed. (my RTO... — read more
Laid off in Feb; just got a job
I left WF in February. I just got another job. Eight months. Reading this thread always makes me glad I no longer work at WF, even with the eight months of uncertainty. Good luck to all of you.
Severanced
Is payday still tomorrow (Wednesday)
Does every conduct investigation by HR/ER end up with MAP status?
Let's say you're investigated for conduct, you got drunk and obnoxious many hours after a post-work event. Does that basically always end with MAP (Misconduct Accountability Program) status? That means it's impossible to get higher than a 3 rating... — read more
LAID OFF BUT H1B ALLOW TO STAY
If you are laid off and H1B in your team is not laid off- do you have a good court case
WFC will crash soon
Wellsfargo stock will crash soon. More payoffs to come.
What happens if you work from two different locations same day?
Does it show that you’re not at assigned location if you take a meeting from another building but you’re at your assigned building for most of the day? Im in Minneapolis towers and sometimes asked to attend meetings from the other building downtown.
COBRA Rates- cheaper than being a FTE?
I'm looking at how COBRA rates are quoted and it almost looks like COBRA rates aren't geographic specific -- nationwide. (?) So they almost look CHEAPER to me (Northern California) than FTE rates. Am I mis-reading or can somebody confirm what I'm... — read more
How do benefits wind down if your severance ends min-year in 2026?
Like, let's say your severance period ends on June 18, '26. For MEDICAL, I have to have the date of service by before June 18 to count? For a FLEX ACCOUNT, I assume there's a certain amount that has been funded by that date and then I have to have... — read more
Hybrid Work is not the problem, poor leadership is
Interesting article published by MIT Sloan https://archive.is/bPmXE
Go in o Friday or Monday now.
Email went out today telling us to go in on mondays for Friday bc Tuesday thru Thursday are the busiest days. Yeah a--holes you’re cramming us all in and making people show up into less space.
Off cycle layoffs today!!!
Confirmed, have a meeting on the calendar. Off cycle due to holiday next week!
Do we still get a certain amount of time off to vote?
I haven't noticed any emails about WF giving us 2 hrs to go vote on election day, but maybe I missed it.
Layoffs tomorrow
good luck folks
CSBBO closures tied to “location strategy,” but they’re still offering OT?
It looks like the CSBBO closures are part of the bank’s location strategy, focusing on consolidating some sites while expanding others. What stands out is that for the past three days they have been sending messages like this: Overtime available... — read more
When do deferred compensation invitations go out?
If you don’t get one - does that mean your bonus will be sc--wed over?
Stuck in the same spot forever
No matter how long you stay or how hard you work, promotions just don’t happen. I don't know if this is just my group or a company-wide issue, but we're losing great people due to that.
Tuesday Nov 11 - Veteran’s day - no layoff
Since Tuesday Nov 11 is holiday, will layoff for that week be Monday or Wed, or no layoff until Nov 25
The DM wrecked!
Tech affected and DM majorly wrecked. Nasty times. Be safe.
West Palm Beach hub
How many WIM executives relocating to the new West Palm Beach hub? What level(s) of management are allowed to work there? Were the executives required to move to West Palm Beach or was it optional with some choosing to remain at other hubs? How does... — read more
Those who make light of keeping or losing your job...
Have you seen the job market? Have you talked to those who are looking for a job? Have you talked to those who have been looking for months or even more than a year to find a job? It is a cr-p job market right now. Even in major metro areas like... — read more
Money not worth the stress and disruption
For those of you that are holding out to be displaced. You got to look at what the cost to yourself and your family is of staying there. The money even at the end of your long career is not going to be worth the time that you lose away from your... — read more
My team has become Indian team
I am based in San Francisco Bay Area. The recent layoffs has removed many non Indian engineers. Have you guys seen the same?
Displacement packet
I was just let go and wanted to make sure I’m not missing anything to get severance. I got the email and I clicked for my signature and then submitted. Is that all we need to do? Any way to validate I’m good?
Workplace of the future? -Mandatory Work Cycle Compliance and Zero-Tolerance Presence Policy
Purpose: To enforce mandatory physical presence and ensure measurable, minimum value generation during all assigned work periods to maximize shareholder return. Mandatory Physical Presence and Monitoring All workstations are equipped with a... — read more
every company that outsources is junk & trash
had to take that off my chest.
Next round of layoffs December 3
Confirmed for FIN
WSJ: Tens of Thousands of White-Collar Jobs Are Disappearing as AI Starts to Bite
White-collar workers across the U.S. are facing mass layoffs as companies such as Amazon, UPS, and Target cut thousands of corporate jobs while embracing AI and cost-saving measures. Tens of thousands of office workers, from new graduates to seasoned... — read more
Are managers required to be in the office eight hours too?
Or is it just the worker bees? Who is monitoring management?
Sales Managers cut
Per the article on Financial Advisor IQ “More than 70 market sales managers were informed on Thursday that their roles would be eliminated, according to one of the sources, who spoke on the condition of not being identified. Though some of the... — read more
Restricted stock bonus
I assume the restricted stock bonus is gonna go away once you’re laid off. Is this true?
EOM means more wire issues tomorrow!
Is anyone else ready for the shitstorm that will be end of month wire issues? Ever since we got to the ISO platform, which everyone touted they took 3 years to work on and will absolutely work, I've had nothing but dissatisfied customers and wires... — read more
$71 billion in stock buybacks over the last 5 years.
$40 billion more approved for 2026 and beyond. It doesn’t matter that they are rolling in cash. They want you gone because there is never enough cash for those who worship it. Capitalism destroys itself without a strong democratic government that... — read more
OWBPA Benefits
What is the benefit for folks who were laid off and are over age 40?
St louis Future
Yesterday was the CRG Governance & Supervision town hall. The future of the St louis location was discussed. For once a Sr leader was honest with the submitted questions: 1- Was asked if WFA is going to stay in STL. Leader paused & answered the... — read more
H-1b hiring preference ?
Shouldn't job preference be given to American workers first? The economy is struggling, and many young people can't find decent jobs. Yet, this administration is not enforcing any rule in the labor or immigration process to ensure that companies... — read more
RCSA
I have worked closely with RCSA. I have a pretty broad view where we are from a quality standpoint. It is mostly trash and too high level. Where is audit? Better question, where is Wells Fargo Compliance? This bank will be back in the news... — read more
Has anyone had their medical accommodation reviewed and or revoked....
I've heard through the vine that folks with longstanding and easily proven medical accommodations - the accommodations are being reviewed or terminated. The federal ADA states that the employer can periodically review an existing, but not terminate... — read more