Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Tech Salary

Manager 300K Scrum master 170K Product Owner 160K Principal Engineer 240K Lead Engineer 180K Software Engineer 140K Business Analyst 120K

Have a nice weekend

Enjoy your weekend and be ready for big layoffs next week. Good luck folks!

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Post ID: @OP+1jtxktw7y

Bait and switch?

Has anyone took a P5 role as consultant/officer role that turned into a front line-ish production role that requires 100% perfect QA of work? The expectation difference of all levels is based on title and is not equal. The level of production... — read more 

Every layoff is a decision

When people use the word “displacement “ it makes it seem like it’s just something that happens just like the seasons change. Remember every layoff is a decision by the top. When a company makes billions and does stock buy backs and still lays off... — read more 

300 S Brev CLT - Party in the Bathrooms

HelllllloooooOOOo Charlotte @ 300 S Brev! before heading out, decided to stop by the bathroom downstairs and a bunch of what seemed to be tech conference participants all gathered around a pile of snow getting warm before they head out to the slopes. — read more 

CIB Markets

Been working in CIB markets in the COO team for 5 years now. It seems like nobody is certain on what is happening and everyone is fearing a lot of change given that Fern is the new boss in town. Does anyone have any insight into what is going on ?... — read more 

Job here is a temporary affair

Five years in, and I still see it that way. We’ve been dealing with nonstop rolling layoffs for a long time, along with a range of tactics clearly aimed at getting people to leave, ideally with little or no cost for WF. Turnover is high, and the... — read more 

No Loyalty needed.Treat it as a paycheck

They recently moved a friend of mine to Charlotte and then laid him off in 8 months. They are creating roles and cancelling it to probably project that Wells Fargo is hiring. They are focussed on flushing out old people and bringing in fresh hires... — read more 

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| 1970 views | | 18 replies (last May 13, 2025)
Post ID: @OP+1jttj7qh5

Survey

Time to be honest and fry our managers on the survey!

AI counting mouse clicks

Just a heads up they are counting mouse clicks in hopes of letting someone go instead of paying severance

SUPRISE (not really)…

Check your email. Charlie just shuttered the Diversity, Equity, and Inclusion office and rolled their functions into HR for a more “Traditional Operating Model.”

Working/Non-working notice

From what I read on here most of the notice is a Non-working notice. Does anyone know if there are groups doing a working notice period?

Internal Jobs Requirement

Does any one know what will happen when I apply an internal job if I’m in current team for less than one year? Will they process my application and Will my manager get notification

Another lawsuit

Wells Fargo Forced Short Sales Despite CARES Act, Suit Says https://www.law360.com/articles/2336933/wells-fargo-forced-short-sales-despite-cares-act-suit-says

Rehire Eligibility

I was recently displaced. How is rehire eligibility determined. Does the manager who displaced you have any say? Thanks.

Years of service

How are the years of service calculated when it comes to the severance plan? For example, do you get the next year of service soon as a new year starts or do actually have to wait until your anniversary date for it to count as another year of... — read more 

Anyone on a team mostly 55+?

Most of my team is 55+ and several 60+ and a lot of ‘lifers’. Would you say WF has an older employee base? I feel young being under 50 LOL

The Stagecoach is leaving Chennai

Now that the damage is done . . . https://www.thehindubusinessline.com/money-and-banking/wells-fargo-looks-to-consolidate-its-india-presence-to-shut-chennai-office/article69547978.ece

A Question for Current and Former Contractors

I was displaced last year and still cannot find a fulltime parmanent position. I started thinking maybe I should apply for a contractor position. I have never worked as a contractor before, so I have a question for current and former contractors. Is... — read more 

Displaced, can I invest without disclosing to wf?

I got displaced, does anyone know if we are allowed to invest during the notice period or should I wait until after? My sector was told we had to disclose everything to wells if we did invest prior to layoffs

Location Strategy - Notice Period duration?

For those who have been laid off due to location strategy, how long was your non-working "Notice Period"? The benefits guide doesn't clearly define the notice period. I've been at the bank only a few years and get the minimum of severance. They... — read more 

Push your local politicians to bring back jobs from WFIP

60,000 service sector jobs coming back to America will be a signifiant boost to our economy. Especially for young Americans just starting out their careers. Lobby your politicians please before our service sector is hollowed out.

Office Politics

For those who have worked at multiple banks, are the office politics at Wells Fargo the worst of all the banks? Are any other banks worse?

Need help, please

I am a former employee who was displaced; sad, yes, but it’s ok. I have been extremely successful in securing new employment during my severance period. I need help determining what my actual last day is. I’ve been telling potential employers that... — read more 

Anyone else drowning in useless meetings?

We spend more time talking about work in pointless check-ins than actually doing it. How leadership expects anything to get done when we're constantly pulled into status updates is beyond me. Just let us work.

Glide Program

Has anyone considered participating in the "Glide - Relaunch USA" program? https://www.wellsfargojobs.com/en/inclusion/return-to-work-programs/glide-relaunch-usa/ "At Wells Fargo, we are dedicated to creating a workplace where people feel welcomed... — read more 

Did you know

Your engineering manager who is making 300k per year is firing you so that she can save the funding for herself

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