Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Do layoffs ever happen during midyear review?

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 

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?

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.

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).

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.

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.

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.

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 

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 

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 

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