They'll implement it once it becomes another convenient way to drive additional attrition.

What is it like to go into the office & sit next to an empty cubicle that use to be your co-worker & friend that has been laid off? Are you happy it’s not you? Do you keep in touch? Do you care?

While it really su-ks that we are being displaced as we are in a non-core site (Idaho), WF is stringing the process along by putting us in temporary positions (6months) until we get let go. The only problem is, I would like to just get my severance... — read more 

Per the CEO during the townhall.

chime in here

Video was put out by BE on 2025 priorities. Fair enough. What made me lol was the comment on how we can be more efficient-- yeah, no sht. But then went on and mentioned Agile. Lady, Agile is NOT going to do jack sht about how inefficient we... — read more 

When was the last time you heard of someone being promoted without it being blatant nepotism or cronyism?

We all know bonuses will hit checks on Feb 14. I’ve seen some posts that the bonus can be pulled back up to the day before it is issued. I don’t think that’s accurate. If giving notice, what date leading up to Feb 14 is your best chance to keep the... — read more 

Many posts are fake jobs listed for H1B and Green Card applications. Report them to government agencies.

We are starting to see the impact of not having enough office space for RTO. Wondering if there is any chatter to fix that in New York. I’m only allowed to sit on my floor on a certain side. If they do return to 5 days, what are we going to do? Sit... — read more 

Industry leaders gonna lead. "JPMorgan Chase & Co. and Goldman Sachs Group Inc. are pushing back on demands to roll back their diversity initiatives. In television appearances Wednesday, the chief executive officers of the two New York-based firms... — read more 

Anyone else get a communication that a new expectation is that you're required to be in the office for 8 hours on your required 3 days each week and that this 8 hour requirement is now being tracked?

We hardly see any hiring in our org. All the replacements positions are offerred to Indians in India. Wells want to operate here but prefer indian employee. How fair is this? Hoping for some new regulations to address this norm followed by several... — read more 

Dimon is psychologically manipulating the market again. He does this public announcement every few months so that he can exploit the opportunity. He doesn't care about the American public, he only cares about increasing his... — read more 

Was it actually tougher? Or is this just BS given by my manager for giving me a 3. Definitely did 4 level work. I did get a 4 last year.

Mine does not. They seem to want to control the message. All they’ve shared is derivative / distilled results on a screen. There’s probably a couple official reports that come out in pdf, for example maybe one with responses / response rates at... — read more 

Too cheap to pay the WSJ, but what I did read doesn’t mention WF. Not because our DEI has been rationalized (as if) but rather because we don’t matter. This must frustrate our Napoleonic money-center poseur in Hudson Yards.

SEC fines Wells Fargo $35M, Merrill Lynch $25M over improper cash sweeps Wells Fargo and Merrill Lynch will pay $35 million and $25 million, respectively, to settle allegations by the Securities and Exchange Commission (SEC) that their handling of... — read more 

In an effort to protect myself from layoffs as much as possible, I kept taking on more and more work. Now I'm stuck with doing more than double what I used to or I should be and I have no idea how to hit reverse without jeopardizing my job. I'm... — read more 

Manager asked about if I’m going for the higher education during the meeting, she knew I have a master degree, am I crazy or now manager ask their team member to go for phd? Why?

Obvious absence of posts by the terminated or the informed

Is the bank no longer supporting os upgrades of existing redhat servers to 8 and then 9? We just lost like 20 contractors working on that program

These people look after their own. Wells Fargo has hired Chase executive Ed Olebe to take-over Cards.

https://www.hrgrapevine.com/us/content/article/2025-01-21-starbucks-to-restructure-corporate-workforce-with-layoffs-amid-sales-slump

Been a month and still says “in review” Is this a fake job?

Get ready Winston Salem. It’s your turn.

Get ready to sit in each other's lap, or get in the office by 6 AM to get prime sitting. Charlie has no spine and gonna tell us the same soon. https://www.reuters.com/world/us/trump-orders-federal-workers-back-office-full-time-2025-01-21/

Beware

Technology budget this year is significantly reduced by 30%. We will have a tough year. Source: Engineering Manager

Visionary Trustworthy Benevolent Empowering Generous Respectful Honorable Supportive Ethical Multidimensional Communicative Fair Motivational Courageous Innovative Receptive Loyal Appreciative A leader He entered the bank as an egotistical... — read more 

We employ the most incompetent people in HR. Despite going through thousands of layoffs recently, they still have no clue how to manage this process. My function (COO) is in the middle of the worse experience (for both managers and employees) we have... — read more 

Seriously, what happened? I thought we were moving everything out we could to public cloud?

Does that count twice for RTO this week?

Jim Cramer on Wells Fargo & Company (WFC) CEO Charlie Scharf: ‘He’s Terrific’ “Look I love Charlie Scharf [WFC CEO] and he’s terrific. But, when it, Charlie’s got a great national bank. But when it comes to capital markets, there was none better. It... — read more 

We got our reviews but manager said they can’t talk compensation until like the end of the month? Is this true? I don’t remember my old managers doing that. When can they talk about comp and when does it go into affect?

Is JLL taking over CPG?

Any guesses on when St Louis MO will be vacated and left to the dust bin of Wells Fargo history? My gut tells me 3-5 years tops.

Did they announce how much severance the firm is putting aside in 2025, like they did on 2024?