Can anyone confirm if you can collect unemployment while on severance in Iowa? I messaged the IwD office but they won’t answer my question.
Managers in India are more effective in managing resources
On average they manage twice as many direct reports. Why do you have so many US mangers with only 4-5 directs?
How far in advance is a layoff planned?
What is the typical timeline between someone being identified for layoff and that layoff actually happening? Is it months? Weeks?
Question about title
Hello, At WF, is the title of Senior Associate and Senior AVP the same?
Anyone offered relo?
I was offered relo this week. I don't see the upside as I could be immediately laid off right after we move. Like many, I was considering accepting relo and spending the next year to find a job. As I'm not planning to relo in a year, I will not... — read more
Stop hyping AI
Quit hyping AI and constantly bombarding us with messaging to learn how to use it without giving us AI resources to use and experiment with. Putting up some basic training on it is all well and good, but where are the tools? Where is cursor... — read more
My manager fired me
I just got let go by my manager. My manager told me my performance is inconsistent. Anyone in the same situation?
The risk is real. The truth is wverwhere - layoffs coming up next week
Layoff waves will be larger until Q2 earnings. Don’t be fooled though. The public, shareholders and employees have a right to know the the risks leadership is taking that overwhelm the reward for Wells Fargo’s short sighted potential hiring... — read more
It was a Tuesday after payday 5/13/2025
https://www.workcules.com/layoff-tracker/wells-fargo-layoffs-ca-concord-79603
Is a Global Workforce so bad
Yes. The answer is yes if its at the expense of jobs from the country that the company is supposed to based in. Its more cost effective sure, even with the level of fraud we get from international employees its still cheaper to employ them. I mean WF... — read more
Wellsfargo Toxicity All Time High
Great job Wellsfargo!
The picture in this article about Citi CEO Fraser says an awful lot
You have Dimon, Fraser & Moynihan in Rushmore-like chiseled stoicism. And then further back you have some unnamed blurry hack, a money-center poseur out of his league barely worthy of honorable... — read more
Dr-g Test after Displacement?
Do they do any kind of dr-g testing after displacement? With so many states offering THC drinks/edibles nowadays I was wondering how WF and other companies are handling that. Asking for a friend who I know partakes a lot. 😆
How is accrued PTO valued in a payout?
If I have 15 days that should be worth a bit under 3/4 of a month of base salary since most mos are ~ 21 working days. Or equivalently it’s 15 * annual salary / (250 working days / yr). (?) But there could be all kinds of other funky math that is... — read more
Moody’s downgrades JPM, BOA and WF
https://www.reuters.com/markets/us/moodys-downgrades-jpm-bofa-wells-fargo-after-us-credit-rating-cut-2025-05-19/
Major layoffs tomorrow
Big cut Tuesdays ahead to trim to meet Q2 targets. See you on the sunshine beaches Sunshine blessings Frank
Senior Manager says its not outsourcing
When asked about outsourcing roles to foreign countries a senior manager became offended by the question and said it doesn't qualify as outsourcing because they're being hired at Wells Fargo...
Question re: RSR's after displacement
I was under the impression that RSRs continue to vest when you're displaced, but the Severance Plan simply says to refer to the RSR agreement. That agreement, unless I misread it, says that they only vest during a retirement. This may not be the... — read more
India Helpdesk is Terrible
I had to talk to India helpdesk and it was an awful experience. Their connection is terrible and their accent was so thick it's hard to understand. It took 3x longer than it needed to. I spent more time asking them to repeat themselves than... — read more
I predict Wells Fargo is heading for a major crisis event that will irrevocably break the bank.
I can’t say if it will be in 1 year or 5 years, but the executives are putting this bank at exponentially increasing risk every day. How? Outdated legacy systems which are unable to keep up with sophisticated malicious financial crimes. Outdated... — read more
Most people here are just waiting it out for retirement
Anyone on a team like mine? Not many folks under the age of 50 on my team. Mostly just people who’ve been working here 20, 30 years who hate their jobs and barely do the bare minimum just waiting it out until retirement or until they get their golden... — read more
Account Access
Where did my accounts go? No access.... massive fraud?
Will remote exception managers be laid off?
If a manager is 100% remote, are they a target for layoffs, or due to their skill set etc, are they quite safe? And M2 is the manager current level if that matters.
Here we go
Fresh week ahead for layoffs
Q2
How many do you think will be laid off, displaced by the end of Q2?
Question for WM Peeps /random
I was just taking a moment to think about what insanely wealthy people buy that most people do not even realize is something you can buy… Off topic but had to ask… #random
Who is the lucky one next week?
Who is getting ejected?
Next week
Who will be the lucky one to get ejected?
Wells Fargo Quiz Time: Integrity vs Dishonesty
Between a person of integrity and a person of dishonesty, which one wins all the time at Wells Fargo?
I know I'm not supposed to like my job
But I don't think I'm supposed to feel this all-consuming dread every single Sunday or the overwhelming relief that hits every Friday. I understand this is a transactional part of life, something we just do. But I refuse to believe this level of... — read more
Don’t be naive
If you believe managers have no involvement in the layoff process, think again. Managers often collaborate with executives to push out employees they don’t favor. Be cautious—many in management prioritize profit and self-preservation over people... — read more
Agile? It seems like
Always being rushed product owners yelling at us, managers telling us we need to do more, work faster. They say they’ll take the work off of us if we can’t get it done in time and give it to another team. what does that sound like to you? — read more
Cash balance after displacement
Can you take the cash balance with you? How?
Metrics
Is every job at WF like working in a sweatshop?
WFA/CRG
SG is bleeding money while other departments are implementing cost-cutting measures to preserve funds. Recently, 950 premier advisors and support staff convened in Orlando for several days. At a cost of at $2,000 per person, this event would amount... — read more
Ancillary benefits like FSAs, RSRs and Vision: what to do when, if you are severed?
Just started on 60 days. So far, my read of docs from Cisive is murky on the following so any input welcome. Rally dollars: get them locked up in the 60 days? Vision benefits: get an eye exam and glasses in the 60 days. Flex Commuter: you need to... — read more
Charlie Hates The American Worker
But, why?
The lazy ones never get laid off
Sadly it’s all about politics and being friends with your managers that determine who gets to stay. I work with so many people that are lazy, entitled, close to retirement and don’t care that stay because they have close relationships with management... — read more
Anyone noticing managers that only hire their own ethnicity
Anyone notice a trend that usually managers tend to hire and then favor their own ethnicity only. Kind of funny when you see IT teams that are top down Indian and on,y Indians getting opportunities at promotions. I also see analytic teams it’s... — read more
My Manager said
That they didn’t want to be asked about displacements anymore and was sick and tired of talking about it and to not ask about it anymore. Well!!!