Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Package

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?

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?

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 

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?

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 

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

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 

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 

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 

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