And not sure whether I should file; does anybody have thoughts as to the pros and cons… especially with respect to whether one could lose his job.
WaPO: It's tricky (Layoffs)
Everyone is watching the layoffs but only some are paying attention to the real issue -hiring has slowed dramatically... The headlines make it sound like AI is eliminating jobs overnight. The actual labor data tells a more tricky story. Layoffs are... — read more
Roving Banker Managers
:( I feel so bad for these people they worked so hard to get to where they were and we’re all very high performing branch managers. Hopefully a lot can find a spot and be retained. The role just wasn’t deemed to be profitable from an ROI... — read more
Mid Year Review then Layoff
No mid year self evaluation but Managers will still evaluate their staffs in June. List of layoffs might come in Aug after the recalibration in July.
New Manager, Who Will Do My Mid Year Review?
As of this week I have a new manager. Will they be conducting my mid year review or will it be my old manager?
WF is going to strip you of your livelihood, Saint Louis!!
And it will happen soon. CharlieFart and Ikene want us GONE. Hope my parachute opens before the impact occurs but it probably won't, with all of this IM nonsense. We're all circling the bowl over here
In office expectations: PTO
Everyone has said that the 3 day requirement is rolling. If that’s the case and I take two weeks off can I only go in 1 day the week before I’m off and one day the week I come back?
Wells Fargo settles suit for $110M alleging discriminatory hiring
Wells Fargo settles suit for $110M alleging discriminatory hiring and leading last week
The culture here su-ks
Many people here are so lazy and never want to do any work but want credit for everything, they are always playing games and making things more difficult than they have to be. So many people I interact with are super rude, unpleasant, hate their job... — read more
shark tank performance
Audit just did a “shark tank” or “performance elimination.” The Pitch, The Cut….Wow!!!
Office remodel notice
They sent an email re buildings A and B in Chandler. What do you think, will we get a stupid open office design with no cubicles, or a layout that will cram us in further so that we can all come in 5 days/week? Both? I loathe the open office setup... — read more
Funny how things change when leadership visits
Our group runs on pressure, politics, and people watching what they say, but the second somebody higher up appears, suddenly everyone’s smiling and pretending this is a great place to work. I never understand the performance because it’s not like... — read more
Layoff fatigue is now normalized
How did we get here? I’ve worked in this industry for more than 35 years, and this is stunning. Employee exhaustion from perpetual cost-cutting cycles has become so normalized that people now seem to accept it as a fact of life. I understand... — read more
So, who's excited for Employee Appreciation week?!
Getting a free ice cream one day definitely makes up for commuting 156 days annually to take teams calls from a noisy cubicle
Remote
Is anyone being granted an accommodation to work remotely 100%?
Charlie Wants Another Bonus
Can the bank afford another bonus for Charlie? Can Charlie survive without it?
What’s with all the directors here at Wells?
They are like Russian nesting dolls. Often they with 3-4 layers of directors reporting to one another and sadly none knows enough about their business or function to e mildly effective! Leadership at JPMC is much more streamlined and effective.
bofa to wells
i'm at bofa and just interviewed for a role on this team but I'm worried after reading this post. https://www.thelayoff.com/post/@OP+1kpmbbgcj
survey emails
so sick of every tom, di-k and harry reminding us to complete it, been here 20 plus years and never had anything good happen from that stupid survey another waste of time
employees who "request" layoff
Are going to be treated as voluntary quitting. Resignation, without severance. New rule effective July 1st. Management perception is some employees are gaming the severance system. managers are not pushing deadwood out the door fast enough.
Why the relentless push to offshore jobs? Some answers...
https://www.xe.com/currencycharts/?from=USD&to=INR&view=5Y The higher that goes on the chart on the right? The cheaper indian labor is for a US corporation. India in particular is experiencing currency collapse and this does NOT work in your... — read more
Stop being chicken
Those who got laid off, pick up the damn phone and call the employment lawyer. Those who were managed out by your sickening managers who gave you fake IM performance review, pick up the damn phone and call the EEOC and labor department. Fight back!
Stay tuned
Biggest layoffs will be announced
Anyone else finding their anger levels through the roof?
With layoffs over our heads, no jobs and managers making up stuff to pretend you are IM instead of meets I go home on Fridays with so much anger. It starts again Sunday night. You gaslight people everyday and this is what you get. Is this week the... — read more
Memo: Organizational Updates Under Our People First Strategy
/s To: Team From: Leadership Subject: Organizational Updates Under Our People First Strategy Team, We have reviewed the results from the employee surveys shared over the past several months. The feedback showed consistent themes: a desire for... — read more
99% of people on this board
Dont understand "severance" Its not a gift. Its called "Severance and release" for a reason. to get it, you need to sign and agreement not to sue and non-disclosure Maybe someone can upload the pdf, although that violates the NDA lol. It is... — read more
Retirement
I’m considering giving notice of retirement but not sure what would happen after I do. In other words, if I were to give notice that I wanted to retire on October 1, would they fire me right away because I’ve had some poor performance evaluations but... — read more
More Layoffs
Source: Business Record https://share.google/JKnMN6AC4VA3Fd0iE
Managing directors upset
because they dont know whats going on... and not feeling the heat because they are more engaged in retiring than managing. Begone! Please let the next round of layoffs happen to all the useless MDs
Future and Recommendation for Youth
My three kids are all in high school right now, my oldest son and his two younger sisters, all just a year apart. He’s getting ready to pack up for college here soon, it’s hitting me hard. For the longest time, I thought I knew exactly how to guide... — read more
Modeling
Anyone have any insight as to why modeling was moved out of corporate risk?
lump sum request time?
Curious, for anyone on severance who recently submitted the lump sum request form, how long did it take to get the payment?
No jobs so can’t leave
To the people who say if you don’t like it leave. Trying but there are no jobs. So WFC treating us bad won’t get rid of us faster. It will just make us log every action as a case for HR. This will not be a fun year. An angry workforce doesn’t get... — read more
Dont feel bad USA Wells Fargo employees....the corporation treats offshore labor like sh!t too
https://old.reddit.com/r/BPOinPH/comments/1ojffsi/life_in_wells_fargo/ Translated: ""I posted here already like a year ago asking for suggestions on which company to choose. Well, I chose WF only because of the salary and it's fairly convenient... — read more
What equipment do we return upon resignation?
What equipment do we return upon resignation? I assume just laptop and charger, but if there are other things, please let me know.
File complaints with USCIS against H1B
It’s a fraud, Wellsfargo firing American at the same time hiring H1B. This is not legit. File complaints: https://www.uscis.gov/report-fraud/uscis-tip-form “The H-1B visa is a non-immigrant, employer-sponsored visa for foreign professionals in... — read more
Suspicion
Not to sound like a person‘s paranoid… But as they say, if it’s true, you’re not paranoid: has anybody posted anything on this site and then found out and fired?
ER case experience
Have you opened ER case before regarding your manager or team lead or performance rating? What was your experience like?
Short term leave
My doctor believes I should take short-term leave; and I’m wondering if a person is on short-term leave can they be fired or laid off during that time.?
who else is doing monthly HR love letter
I notice like 70% of the state side people on my team are having to spend multi day writing what they do and what they accomplished after getting a yr end IM rating. The odd thing is often the mgr doesnt even tell you the requirements for the month... — read more