Haven't heard anything about that in a while. The layoffs finally squash it? I was hoping to meet a union member at the water cooler and join. Now that I think of it, I'm not meeting anyone at the water cooler. In fact, I don't even know where... — read more 

That's like twice as much as what Charlie is giving, they used to give more than that in the extra 401k match. Heads up as well BofA has been giving their employees far more every year for the last 8-9 years. Add to that everyone's career here has... — read more 

The headlines are insulting to anyone who has half of a brain. Scharf did not coincidentally “finally get Wells Fargo out of the penalty box” a mere 5 months in to you-know-who’s term. Call it what it is. Fraudulent leaders paving the way for... — read more 

The end of June is approaching and rumor has it that WEC needs to be empty (except for data center and staff) by end of June. Many have been notified that they are affected by Loc Strat in Q2 but also many have heard nothing else. Several were... — read more 

I guess all the insiders knew this was coming (probably since around Jan 20th) and priced it in. Stock is only up around half a percent. Kind of lackluster given the big news of asset cap lifting. Why is that?

Management makes threats about in-office reporting every few months or so but the spreadsheet doesn't track time, only days in office. If you've put in 6 hours, 4 hours, 2 hours and haven't been talked to, you're fine. In my experience employees... — read more 

Must be one he-l of a scene in the exec world. Problem is the average return on the stock over the last 10 years is just over 3%. Congrats lol

I see many posts suggesting that Schart may move on from WF now that the asset cap is lifted. I am skeptical, and think he is likely to stick around. Why? This accomplishment will justify another raise to his already exorbitant salary. He has... — read more 

Will it continue?

How long until the next scandal now that the asset cap is gone.

Now that the Cap is off, WF will probably go after a Credit Card company or a brokerage company. Or maybe join forces with Citi to better compete with BOA and Chase!

Isn’t there goal to get rid of half of us ? Why are they giving money like that ?

Didn’t see @ SEC.gov yet. Specifics would get into employees @ what date, minimum tenure, forfeiture if severed etc.

Wow he did it. No more asset cap. I take my hat off to him. We all should.

good luck to all the risk people, lots of check the box people that aren’t needed anymore

Did the redhat os upgrade was finished?

“Winning!” —Charlie

Hmmmm customers must be leaving the bank in droves. Wells Fargo has to pay $125 to bring in new banking customers? I’ve seen where Charlie has to pay upfront bonuses to su---r our customers in to using our credit cards, but I haven’t yet seen... — read more 

A bunch of us have been operating under RTO requirements being four hours in the office. Just heard from leadership today that it’s seven hours and that managers will now be looking at reports to verify this. Has it always been seven hours? Where is... — read more 

Hello - as location strategy is coming for me, I'm exploring what my options are, including joining a FiNet team. As a long-time Wells employee, I'm curious if FiNet advisors and teams are technically Wells Fargo employees (i.e. I would have... — read more 

Been seeing a lot of folks saying the same thing lately... job search after getting laid off from Wells Fargo (or any other bank) is moving slow with barely any leads. Some people found jobs at smaller banks with better pay, but most are feeling... — read more 

I'm considering applying for a P5-level position, but I'm currently at a P3. If I get the job, would I automatically receive the P5 salary, or would I stay at my current pay level?

Did anyone else’s child get email notice that the decision on their Wells Fargo scholarship application is delayed until mid to late July? They are supposed to make the decision in May. Just find it curious timing because it says in the fine print... — read more 

That’s all I have to say

Getting let go on a pay week. Seems a little unusual, but I’ve been communicated the date. I wonder how that’s gonna affect my paycheck, anybody have any ideas?

Hey guys, I’m wondering what you think about how long I should just try to get my mind right? My husband died of cancer recently and a couple other of my family members died. I just got recently laid off and I’m just wondering. I have a year of... — read more 

The employee who wants a severance package and gets it, or the employee who wants a severance package and doesn’t get it?

I heard that a bunch of people will be moving to my floor at 2600. That will be a crunch. Trying to figure out if it is to make everyone as uncomfortable as possible for many years since they are going floor by floor in 2 year cycle. Anyone know... — read more 

Tsunami ahead

Charlie and our Board are quite proud of Charlie’s “transformative” leadership style. Research analysts applaud the short-term quarterly earnings reports. Charlie has led the way with a tone-deaf C-Suite, detached leaders, never-ending layoffs... — read more 

When laid off, I took the every 2 weeks pay option to keep my benefits intact. I’ve found a new job - is there a way to cancel my benefits but keep the every 2 weeks pay? Curious to see if anyone in the same boat has been able to accomplish... — read more 

Here we are swimming around working and living and then the hook is lowered with multiple barbs to yank us away from reality Believe that and I’ll tell you another

There will be layoffs every Tuesday in June so that they can make their Q2 quota. You’ll still be on the books but you’ll be a non-working employee, repeat every week in June there are going to be these events. Signed HR.

The corporate culture here is tone deaf and ruthless. It is time to accept the reality that the situation at Wells Fargo is beyond repair. It is never going to get better for employees. Charlie is never going to stop cutting costs, cutting... — read more 

https://www.newsweek.com/list-companies-laying-off-employees-june-2077613

Could we kindly refrain from utilizing "matrix" reporting? A Manager overseeing 12 or fewer reports does not require an additional individual to “play” the role of Manager alongside them.

As layoffs continue across industries in 2025, a new report by Zety® reveals a troubling trend: 57% of workers are informed of job losses through email or phone, rather than face-to-face meetings. The 2025 Layoff Experience Report, based on a... — read more 

I am in Oregon and going to be displaced by the end of the year. I am weighing the option of relocating vs taking the severance. I have been with WF for a long time and would get the full severance, but it doesn’t seem like there are a lot of other... — read more 

https://www.americanbanker.com/news/wells-fargo-to-sell-its-railcar-business-for-4-4-billion

We were told "in Q4".... have heard from a few by end of Oct, and some said early Oct. It will likely happen on a Tuesday after payday (right?) so that means Oct 14 or Oct 28.... anyone know?? Wish they would be more specific so we know how to plan... — read more