Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

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

Technology toxicity

The situation is likely to deteriorate further. Many Technology old folks are unwilling to upskill, struggle to find opportunities outside of Wells Fargo, and often lack the necessary competence. As a result, they may continue engaging in office... — read more 

RTO 8 hour mandate coming Sept 1

Got the word today based on notes from latest OC meeting. Chuck giving the firm through summer then the mandate kicks in for 8 hours 3x a week. Will be sold as you get a summer of flexibility for your kids but come fall, it’s time to be back 8 hours... — read more 

Lump Sum?

Displaced in Feb. of this year. Found a job during my 60 days but negotiated start date to early April. Four weeks into the new gig. Will they pay me a lump sum for my remaining 9 months of severance? I have received one WF paycheck so far. ... — read more 

Principal (P6?) Compensation

I'm interviewing for a Principal role in New York - it is a non-revenue role in Risk, base between 175-360 or so. Does anyone have any idea what I should expect in terms of base salary and bonus?

Fear

All locations in North Carolina are fearing being laid off by a giant conglomerate like Wells Wellsfargo all people in North Carolina are fearing their jobs. All people in North Carolina are scared. They’re gonna lose their jobs. All people in North... — read more 

401k Loan upon displacement

Is there some kind of penalty payment when you get displaced and they back out what you owe on your 401K loan? Or is there a waiver to that because you were displaced? If you leave for another job is it the same deal or no? I know I’m going to get... — read more 

Low Key Volunteer for Displacement?

I know we aren’t technically supposed to volunteer to be displaced but has anyone had this type of conversation with their manager and then get laid off (outside of location strategy)? I feel like some managers may appreciate having one less... — read more 

Critical Skills Flexible work arrangement?

I’ve been remote my entire time at Wells Fargo but keep being told I’ll potentially be impacted by location strategy. I noticed in work day I have a tab under Flexible Work Arrangements that states Critical Skills. What does this mean? — read more 

Relocation/layoff timeline

I just got a meeting invite I suspect is the long awaited Relocation offer. How long do you have after you decline relocation before you are laid off. Are you given notice right away or do they keep you hanging for one of the upcoming Infamous... — read more 

Have you filed an HR case lately?

Have you noticed a pattern when you file an HR case? I've noticed the past 3 times that someone from India picks up the case and messages me some d-mb question to try and get out of the case. They try to find whatever out they can so they can close... — read more 

AGE DISCRIMINATION DISPLACEMENT LAWSUIT

For those of you that have been recently Displaced over the age of 50 —- GREAT NEWS! There is a new Class Action Lawsuit being filed. Internal documents have been leaked and turned over to a major law firm proving the cuts have targeted the those... — read more 

Going from P4 to P3

I am burnt out at my P4 level and want a demotion, as it is affecting my health and my managers don't care. I was wondering if anyone would share their experience taking a demotion to a lower level. How does it work exactly? My current salary at the... — read more 

STL Office

Anyone know the future of the St Louis office? They've consolidated buildings and there's barely any jobs posted....I assume that isn't good. Would appreciate any insight.

Mid Year Review while on leave

My manager keeps threatening that for my mid year review, they are going to flag my mid-year review as “doesn’t meet expectations”. This happened after I disclosed that I would be out of office for medical leave for an extended period. Will they... — read more 

Retirement status after getting laid off?

Yes, I know this is likely in the handbook somewhere -- maybe, a lot of stuff on this is not clear sometimes. But for you retirement age folks that got laid off, do you end up as being a retiree and able to use health insurance as a retiree after... — read more 

Museum FINALLY gets some cut

Even though Wells shut down every museum location there are still 30 plus museum employees under Marketing umbrella that never has cuts finally cut 2 museum team members. All are located in SF sitting doing nothing getting 6 figure salaries plus... — read more 

Last Day - Paycheck

I’m currently in my non-working notice period, and when I called the Displacement team they said my final paycheck (with PTO payout) would come a week early; on my last day with Wells Fargo instead of 1 week later on the regular pay cycle. (Last day... — read more 

RTO Policy Breach

In short, I didn’t put more than 4 Hrs for all PTOs (some 1-2 hrs, others 4-8 hrs) in workday and get a notification of not meeting the requirements. I did have some illness and I told my manager ahead of time. If I marked back 4 hrs for these days I... — read more 

60 days?

Does WF give people a 60 days “ heads up” to avoid sending a WARN notice ? I’ve never seen something like that at other firms

After notice - severance

Hi, if I find a new job after notice period, do I keep severance? The 200 pages hurt my head to shift through.... Thanks

See how this works?

Two former executive auditors (David Julian & Paul McLinko) were fined $8.5 million by the OCC under the previous administration for covering up the fake account scandal. The new political administration in its infinite wisdom reduced those fines to... — read more 

Virginia in shambles

What the heck is going on in VA? Mass exodus in Richmond of senior bankers. Anybody left ? Seems that leadership has some explaining to do.

Des Moines, 4/30/2025

https://whoradio.iheart.com/content/2025-04-30-wells-fargo-announces-more-layoffs-in-west-des-moines/

h1b filings in 2024

https://h1bdata.info/index.php?em=wells+fargo&job=&city=&year=2024 why are these positions not open for US citizens when there is massive unemployment ?

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