The new Wells Fargo sign makes Charlotte’s skyline worse | Charlotte Observer https://www.charlotteobserver.com/opinion/article309097965.html
Why does Des Moines have such miserable people?
Setting aside the occasional exception, Des Moines has a remarkable number of people that are miserable to deal with. Three in particular are also morbidly obese. I really don't think that's a coincidence. Des Moines isn't a go-forward location, is... — read more
Trimming LOBs and then how soon?
We have lost lines of business in parts of the country due to CS and his merry hatchet. How soon until WF can be absorbed by another bank? How many more heads and/or LOBs?
Today’s Layoffs
Post it here
Top heavy controls
Toooooo many M6s and M5s under head of controls. This whole layer can go with zero impact on controls. Will save the company millions of dollars too.
HIGHLY Overpaid CEO and Execs
Want to really be upset? Check out what Charlie and his directs made last year in the annual report. It’s disgusting!! 🤮 Guess thats why the mandatory 20% below meets now as they need to draw from somewhere to continue to give multi million dollar... — read more
PTSD
They layoff all our American friends and coworkers and they gleefully show a ppt slides of new hire names, listing about 50 Indian names hired for the month... They wonder why everyone is silent and checked out. This place su-ks a-s.
Is Sioux Falls going away?
I saw a job in Chandler AZ that I used to do in Sioux Falls Sd and thought I would see if they had the same in Sioux Falls (as last I recalled everyone was getting fired there and since then they hadn't been filling those open seats...) sure enough... — read more
Indian Appreciation Week is around the corner
Let’s celebrate!
Can you retire if you're displaced??
Several people on my team are going to be displaced (and some outsourced). Most have their 80 points to retire. If you are displaced can you still "retire"??
World Famous Charlie’s Hypocrite Employee Appreciation Program (CHEAP)
I hope you appreciate your CHEAP $2000.
Judge Dismisses 401(k) Forfeiture Complaint Against Wells Fargo
A federal judge in Minnesota dismissed a June 2024 complaint against Wells Fargo alleging the company and its plan fiduciaries violated the Employee Retirement Income Security Act by improperly using forfeited funds in its 401(k)... — read more
Cano? Now?
It’s a rough look when leadership talks about returning from Cabo while the rest of us are bracing for major reorg fallout. Completely tone-deaf.
Can they please just stop already with Employee Appreciation Week?
It’s getting ridiculous.
If you get laid off and decide to travel overseas
Tell 'em you're Canadian.
Are me and Gary getting laid off tomorrow?
Me and Gary are both wondering if we're getting laid off tomorrow. Can someone check the roster and let me know? I'll pass the answer along to Gary.
Justice Department Fighting Discrimination Against U.S. Workers
https://www.justice.gov/opa/pr/justice-department-fighting-discrimination-against-us-workers The public can call Immigrant and Employee Rights (IER) Section free hotline at 1-800-255-7688 for workers or at 1-800-255-8155 for employers... — read more
06/24/25 Layoff Thread
Lots of rumors swirling. In my group in COO I noticed that several people were shifted from remote to assigned locations, all on the same day. I'm betting that this is a prelude to all non-hub people being exterminated. Hearing lots of other chatter... — read more
Can you still get a raise for internal transfer?
Can you negotiate a pay bump for internal transfers anymore?
GRID Issue Lvl 1: Eastern US
Soooo is this a BCP event??
Golden boot Tuesday
In 2 days Technology workforce is cut by 10%
hey guys when can I retire?
In my late 30s, single, probably will not get married and only have saved up slightly over $1 million. Currently earning $150k after tax, which I guess isn’t too bad all things considered but I still feel like I need at least $3-4 million to retire... — read more
Bye bye WEC
tuesday during employee appreciation week they getting the boot! tech is affected…
Any recent promotions?
Just wondering if anyone has had a recent promotion and what your raise was? A lot of conflicting information on here and from co workers. The recruiter said “it’s a promotion, you’ll probably get a raise.” But what percent? So the question: have... — read more
Scare Tactics: AI Used as an Excause for Layoff
Why CEOs are using AI to scare workers by Emily Pe-k Chief executives are giving employees an AI fright — warning them the new technology could make many workers obsolete, while at the same time urging them to start using it right away. Why it... — read more
Jamie's double-standard confirmed
RTO is only for poor people, rich people have a different privilege https://www.dailymail.co.uk/news/article-14829001/jpmorgan-outrage-wfh-jamie-dimon-exec.html
Congratulations to all of the senior managers in IT
I just wanted to extend a warm congratulations to the very senior IT managers. You have managed to totally destroy the morale in IT in less than two years. As someone who has worked in IT for decades, WF IT is now a shell of its former self. You have... — read more
Vacation Days...after layoff
I was excited to receive my vacation pay, until I saw the payslip: It was created based on a low hourly rate (45.00 an hour instead of 75.00), AND they included my normal paycheck....thus, causing me to me taxed at a much higher rate and leaving me... — read more
Wells Fargo Escapes Ex-Worker's Suit Over 401(k) Forfeitures
https://www.law360.com/articles/2355723/wells-fargo-escapes-ex-worker-s-suit-over-401-k-forfeitures
Tech re-org?
Anyone hear anything about this?
Charlie’s Employee Appreciation Plan (CEAP)
Are you happy with your $2000 insulting CEAP?
Wells Fargo & Company Securities Litigation settlement
Did you get your $30?
CL Location Strategy impacts?
Anyone in consumer lending get hit by location strategy yet? Haven’t heard anything on my end and no one I know has been impacted
Nearing 50, and regretting every minute in banking
I know my time is almost up. I’ve spent my entire career in banking, rotating through all the major banks, thinking that hard work would eventually lead somewhere. It never did. Not once. In this industry, progress isn't about performance or... — read more
Any point in applying to this job? R-467658-2
https://www.wellsfargojobs.com/en/jobs/r-467658/cib-senior-lead-data-management-analyst/?jClickId=fa8047f6-3b2e-4ad4-bb4e-cba6ed1f5f58&publisher=Linkedin%20Flat%20bid&utm_source=joveo It opened yesterday and posting shuts tomorrow - 2 days. I... — read more
Relocation and Severance Question
If offered relocation but decline, is severance given?
If work anniversary falls during notice period
Did any one have work anniversary during notice period? Do you get points in Recognition central in this case? My ten year anniversary falls during this period and would not want to miss anniversary points on top of everything lost
Business control layoffs
Anyone know if there are more layoffs coming in business control? They have been hit pretty hard this year. Please spare me the “ not enough of them have been laid off”
Wells Fargo's fear-driven culture is a symptom of a deeper issue
Wells Fargo's fear-driven culture is a symptom of a deeper issue – a lack of psychological safety and a prioritization of control over innovation. The bank's struggles with agile adoption, cloud migration, and infrastructure failures are not just... — read more
In office monitoring to ramp up
Been hearing that they're watching in-office attendance more closely. So all you coffee badging people are messing it up for everybody else.