Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

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!!!

Sign on

Hello, A friend of mine is currently interviewing at WF. If a new hire is forfeiting a bonus from their current employer to join WF, does the bank offer a sign-on bonus to offset this loss? Apparently not. She was told that even if she joins in... — read more 

Place used to have a bit more class

I remember when people were laid off years ago there used to be a meeting and the manager would tell the team what happened and ask if they had any questions. The last couple of round now they've said absolutly nothing, like the people never even... — read more 

Midpoint

What is midpoint for WF? Is it 80% of the max?

Global Survey is NOT anonymous

The global survey is not anonymous. If you complete it, they may open an ER case based on your comments. I know a few people that it happened to last year.

You are on the list - cap exit plan

As the firm prepares itself to exit the cap in the coming months , many non customer facing jobs particularly in risk, compliance and governance will come to a grand ending. The firm spent tens of billions to manually bolster certain functions to... — read more 

Is the severance plan too generous?

This may not be a popular question. Let’s suppose the Board realizes it would be easier to get more efficient if it scaled back the severance formula. It makes it easier for an aquirer to come and reduce staff with less severance headwind. It also... — read more 

I made a mistake

A year ago, I joined WF as a software engineer, hoping to find long-term stability. I turned down every other offer, believing this was the right choice. Yesterday, I was laid off. It feels like I made the biggest mistake of my career—and it’s... — read more 

Shore up onshore

Make sure you take action with local politicians. We need to protect all type of jobs (simple/complex, junior/senior) in our country. Because we need all types to build solid and resilient industries in America. Every industry that displaced its... — read more 

Officer titles

What is this recent focus on office titles? And why are there P5s with a “managing director” title? Does it change your comp?

meeting

Just received an invite from my boss 30 minute meeting. We shall see!

They're watching you dummy

If you think operational risk consultants aren't being alerted to what you post on here think again. No its not because they're hungry for your opinions on outsourcing, its to see if anyone posts internal information. While the site posts technically... — read more 

Included Health

I’ve used this service twice and both times I didn’t get any resolution. Has anyone have them help you with an issue?

Why am I still here

All of my original team has been let go but I’m still here. Remote non core. Hoping to get word soon. Lonely in NC

The master plan

Wellsfargo wants to cut 30% more employees by replacing them with offshore.

Get out and never look back!

I walked away two months ago after a decade in that soul-crushing, ethically questionable hellhole (you all know what I'm talking about). Best decision ever. The relief was instant, like ditching a bad relationship you tolerated way too long. Pros... — read more 

How to plan your week

How to plan your work week in 2 week sprints at JP Morgan Fargo - Monday after a payday Do nothing. You might be fired on Tuesday. Read some emails, complete some training, network with your best friend at work. Tuesday after a payday ... — read more 

Wells Fargo the Clown Show

These Bozos every other week are having Wells Non Indian employees worry whether or not their card will be pulled.

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