I don't mean coincidentally, where the layoff just happened to occur the same day/week as the midyear. I asking if a layoff if ever built into a midyear review? Everyone knows that layoffs aren't always strictly budget. It's also used to get rid of... — read more
The Layoffs Truth
The purpose of recent technology layoffs isn’t about cost-cutting. Rather, it’s about removing individuals who don’t align with the interests of mobster groups within Wells Fargo. If the real intent were to save money, they might consider letting go... — read more
Anything interesting in audit recently?
Any layoffs, or other interesting things occur in audit recently?
Benefits end date when severance ends?
Hi. I have searched this site and haven't been able to find this answer. If your severance ends in the middle of the month, do your benefits continue through the end of that month? Or do they switch off at the exact time the severance ends?
Just laid off
Fck Wellsfargo. BU: Technology
Potential Required Absence program impact
Anyone get this email stating "Get ready for potential Required absence program impact" .. It says You have been identified as an employee who performs sensitive tasks or influences employees who perform sensitive tasks... them it says you may be... — read more
Five years with WF — it’s enough
Hoping I get caught in the net one of these days. I’m currently negotiating another job, and it has nothing to do with banking. For the first time in a long time, I feel hopeful.
Any info on adcc? Specifically "Dispute responce?
I've heard mixes messages. Roanok VA, plantation rd.
July 22, 2025..What are the chances?
There's a group of us scheduled for a meeting next week with two senior leaders. We are wondering if they might be preparing us for being displaced on Tuesday, July 22. (Tuesday after our next payday on the 18th).
Can we stop saying "firm" now?
It's beyond cliche at this point of being cringy every time I hear it, and that's like 15 times a day now.
genzs freaked out
Gen Z's heightened layoff fears: A new report indicates that 64% of Gen Z workers are worried about being laid off in the next year, a significant increase from previous months and notably higher than other generations. Disparity between perception... — read more
How much is Wells Fargo really paying for H1B
https://guestworkervisas.com/ This site lays it out for you company by company and how many billions of dollars every year is being paid out. Contrast that with the number of American tech layoffs.
How to volunteer to be laid off?
Any suggestions on how one can volunteer or be more likely to receive a package?
July 22 or Juy 29th - My Guess for Massive Cuts and Why
Management will be told to get rid of X headcount before end of qtr by Executive Management. The expense has already been accured. Management will want to use headcount as long as possible to milk them for any work possible, that is unless... — read more
Creating shareholder value
What are some ways that you plan on creating shareholder value this week? For me, my goal is driving revenue growth through sales excellence and driving the deals to close.
July 8???
Who is on the chopping block tomorrow?
If Trump wants to bring down the unemployment rate to 0% than
If Trump wants to bring down the unemployment rate close to 0%, then get rid of majority of the H1B and other work visa (as well as student visa) employees. Send them home. Give those jobs to the 4.1% Americans that are currently unemployed and... — read more
Wells is just as bad as bny if not worse
Lets share stories. You go first
Imagine ✨
A backwards @ss world where leadership feeds you the worst junk food you can possibly think of to say thank you for doing all the heavy lifting. Yall look so malnourished and cringey in all these LinkedIn pics holding up crumbl cookies and Doritos... — read more
60% of managers using AI..
...in critical decision making process. https://www.fox21news.com/news/national/managers-are-using-ai-to-determine-raises-promotions-layoffs/amp/ We have to assume there are managers at WF doing this too. This reeks of lawsuit if so.
We’d need a whole month just to wind down
Here I am, still completely stressed out and exhausted.
Fight against Wellsfargo H1B Fraud
See something say something. Apply all the software engineer job openings. If they reject you and hire only Indians, report then to ICE and EEOC.
I wouldn’t mind being laid off in the next round
I’ve been here for over five years, and it feels like I’ve just been spinning my wheels. I’m burned out, tired, and fully aware that there’s no path for advancement. I know times are tough, and I don’t wish job loss on anyone who needs the paycheck... — read more
The Sc--w keeps on turning
Guess we aren't getting an early out today since Hudson Yards is having a concert that only is available to those in that area. Way to sc--w the rest of us.
More CEO's joining the AI chorus
https://www.wsj.com/tech/ai/ai-white-collar-job-loss-b9856259?mod=hp_lead_pos3 "Some corporate leaders are drawing up plans to consolidate roles further, blurring the jobs of a product manager and software engineer into one position at technology... — read more
Enjoy your Fourth and be prepared for brutal layoffs next week!
Happy Fourth and layoffs!
401k Rollover
Does anyone know the rules around rolling over a 401k before retirement or termination? I've never touched my 401k but have been thinking about rolling it over to an IRA for potentially better investments. I'd still want to contribute to it... — read more
Negative Reviews on Glassdoor
Make sure to be posting reviews on Glassdoor. I'd say LinkedIn too, but not sure on the anonymynity of that one. We all know that the internal survey is worthless, and may even lead to retaliation. But negative reviews viewable by the public has... — read more
Imagine a world without micromanagement
Just think how many things you could get done, and how much faster, if your manager wasn’t constantly breathing down your neck. Having suggestions and ideas about work they barely understand? Checking in on what you’re doing without really knowing... — read more
Every single town hall in the past five years could have been an email.
What a waste of everyone's time - slides make it worse.
Wells Fargo Announces 12.5% Dividend Increase Pending Board Approval
Wells Fargo recently announced a planned increase in its Q3 2025 common stock dividend by 12.5%, from $0.40 to $0.45 per share. Over the last quarter, Wells Fargo’s stock price moved up 13%, aligning with broader market... — read more
Describe Wells Fargo in three words
Let's see what people really think about this place.
I'm from a rival bank
Was casually browsing the forum and some things stood out for me as being common to my employer and to Wells Fargo...and I bet to other comprable banks too. Clueless leadership interested only in their bonuses while the going is good? Check. Rabid... — read more
WFC Stock
Friday April 4 stock closed at $60.98. Closed today at $80.49. I have a poster of Charlie hanging in my cubicle with all the $ he has made me. Keep it up Charlie!
CIPM leader let go or resigned
If your last day is today- do you all think that is a voluntary move or a kick in the pants out the door. Vuppu was only here 2 years!
AI is not a threat
My work is affected by AI everyday. forced to waste time on an AI ciurse where nothing was learnedor gained. it waste my time by scribbling cr@p on servicesometime tickets. Do I fear AI taking my job? About as much as wigile coaches adding... — read more
Bonus Cutoff Date - Sept. 30th True? Or False?
Does anyone know where to confirm or find the cutoff date for still getting bonus if displaced? I assume August 5th + 60 days notice would get me over the cutoff hump since I heard on this forum Sept. 30th is the cutoff and somewhat up to your... — read more
Banking - the digital workers have arrived
The article in the WSJ talk about the new "digital employees". These may soon be your new manager or co-worker -- if you were at a real bank. titled https://www.wsj.com/articles/digital-workers-have-arrived-in-banking-bf62be49 However, I feel the... — read more
Longer Notice Periods = Retention Leash
They’re likely preparing to shrink cash bonuses, especially in mid- to upper-levels, and pad it with equity that vests over time, can be clawed back, and doesn’t affect cash flow. Classic corporate austerity move disguised as “ownership.” Push... — read more