What's the best way to get a package if you want one?
WF ESOP
I want to trade all of the WF ESOP in my 401k. What is the best way to do this without getting charged fees?
Remote accommodation medical
Has anyone had their remote accommodation for medical declined?
Business banking
I don’t understand the change…?
I'm so tired of India
If we must keep putting more eggs into the India basket, then find a way to eliminate dependencies and silo them so we aren't forced to try and fit an 8 hour day into a 4 hour window. I'm so tired of having to bend over backwards for their goddam... — read more
Ramping up India - Risk
Hearing India will be taking on more 4 quarter 25 and into 26. A lot of risk/compliance jobs going bye bye. Heard branch exams will be decimated. So sad what happened here
Global Survey
Looks like Global Survey is starting again end of this month. Seems earlier than usual. If you're here on 4/16 you will be included.
VOTE YOUR SHARES for the Annual Shareholders Meeting
We all should have received our notices on voting for the board this shareholders meeting. Use this to make a statement and tell your co-workers the same thing. Vote NO for Charlie. If enough people vote their shares maybe it will register. Little... — read more
Viability of Auto Finance?
What’s the long and short that lending will see a steep decline with the implementation of tariffs? Auto Finance recently entered into an exclusive originations deal with Volkswagen in addition to maintaining a presence as a lending resource across... — read more
4/15?
Which lob’s will be hit hardest?
What does contingent mean on teamwork’s after someone’s position
Does that mean they are being laid off ?
What positions will be laid off the 333 SF market st office. In your opinion?
Half the building seems empty already . I’m the only marketing employee in SF . Seems like they go a lot after business executive consultants or admins .
2025′s top 10 large companies to work for..
https://www.cnbc.com/2025/04/10/linkedins-best-companies-to-work-for-in-2025.html Please god tell me how this is possible folks, was this survey done in India?
Refurbishing branches...
https://www.the-sun.com/money/14005312/wells-fargo-ceo-charles-scharf-earnings-update/
Why do executives get away with doing no work?
Why hasn’t the company caught on some people are only the face and don’t do any work?
What is the criteria they look into laying people off ?
If you’re the only person in a hub in your position do they lay you off ? Are they looking to get rid of under performers , newer people , people who make more money ? What do you think they base it off or is it random
This board is garbage
All the threads here lately are trash. Just fevered lies or d-mb rants. Nobody actually cares about this company anymore. Everyone would prefer to be somewhere else. Only reason they stick around is for a paycheck. Wells has always been a terrible... — read more
Wells Fargo layoffs & two others laying off
https://anz.peoplemattersglobal.com/news/talent-management/over-12000-jobs-slashed-by-disney-wells-fargo-renault-nissan-44654
Santomassimo podcast in newsfeed
https://youtu.be/b8Y2XBOPmE0?si=kM0cJXobYaX4xlYj
Wells Fargo layoffs
Are there any more layoffs that will happen in SF in May?
Displacement package
Does anyone know if displacement package info is sent out via email or does HR sent a physical information packet to your home?
WEC Building Winston-Salem NC
I have heard there will be 2 majors waves in April. Anyone else heard this. Thoughts?
WIM
Time to change up the model in WIM. Numbers looked like cr-p today no matter how they try and spin it. We are wasting an extraordinary amount of $$ on trips to Markets for So l and minions. Too much inflated salary on “sales” people. Jesus... — read more
The earnings call
Wells Fargo’s Q1 2025 earnings call kicked off, and bam—stock dumped to the $50s. Low-key as he-l, nearly two hours (1:47, a record?), but Mike Santomassimo (MS) fielded questions like a champ, and it clawed back, phoenix-style. Charlie Scharf was... — read more
Technology organization is little India
95% Indians in the US, 100% in India.
Severance expenses from earnings
From the earnings materials it looks like total severance expense as of 4q24 was $647MM. Also, looks like personnel expenses were up $403MM due to annual merit increases. That averages out to about $1800 per employee
Consumer Lending Relocation?
Anyone in Consumer Lending asked to move or impacted by location strategy yet? I haven’t heard anything and want to know if there’s any news or any movement
Only Wellsfargo keeping incompetent managers, scrum masters, H1B and DEI hiring.
https://www.financialexpress.com/business/industry-microsoft-mulls-layoffs-in-may-to-focus-on-managers-and-non-coders-report-3805151/lite/
India hiring freeze
Wells Fargo is freezing all India hiring indefinitely. Anyone know why? (Plausible responses please)
CONTACT MEDIA EVERY OTHER TUESDAY
For fun get a working chain of people to contact major and local news (even FakeNews communist news channels) and help them bring awareness to the public of Wells Fargo’s every other Tuesday job cuts, extensive counts of jobs moving to India and... — read more
Wellsfargo axes you at record profits
https://finance.yahoo.com/news/apple-steve-jobs-dealt-2008-154148301.html
London Layoffs
Displacements rolling through London at the moment - any insights?
The future of Specialty Markets?
Has anyone heard if they will be operating status quo, or are they on a longer-term chopping block? With all the hub strategies for LOB's, as of now, you are fine if you are in a specialty market. But the way things go, I'm wondering if they will... — read more
fannie mae and freddie mac news
https://youtu.be/FBmPGaE1MAo watch this interview. foreign workers were scamming these companies by working 2 or 3 jobs, coffee badging, donating money to foreign non-profit orgs to get matching % cash back.
Outside looking in, be aware, be Cognizant
https://fortune.com/2025/04/07/north-korean-it-workers-infiltrating-fortune-500-companies/ Fortune 500 companies have unwittingly hired thousands of software engineers who claim to be American developers but are actually North Korean citizens using... — read more
WF hiring North Korea
Everyone knows that Charlie and his band of executives are willing to cut cost and create savings so it's probably like that he is having HR higher North Korean operatives to fill tech jobs in the bank... If they promise to bring in AI I'm sure the... — read more
Displaced- Manager allowed to be reference?
If you are a displaced employee, and even in severance, is your most recent former manager allowed to be a reference, if requested to do so?
Part 2: Corporate Risk under Jennifer Ruggiero informed of in office hour expectations
Seems like their lawyers told them to change the wording because the “8 hours in office” expectation could cause issues with the whole exempt vs. non-exempt employee thing. Now, they’re saying the expectation is to be in the office for a “full day,”... — read more
IAM MICROSOFT AUTHENTICATOR
I submitted my aims request to be excluded. Can’t wait to be told it’s mandatory or you’re gone. I thought it was a risk to use personal devices for work, even something for a password generation. What’s the difference between the RSA code and using... — read more
Visa has expired, scared, work in Tech
Please do not notify DHS