Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

no changes to severance in 2025

They recently posted the 2025 benefit book material changes and nothing has changed in terms of the severence benefit. The only changes they made were some language changes in the plan description.

Does anybody really see their future here?

I’ve been here for the past four years, and have been working hard on finding another job for months now. I can’t imagine the circumstances in which I would want to stay with WF for any longer. I understand people used to have careers at WF, but it... — read more 

Is Wells Fargo basically just g h e t t o?

Sometimes people confuse that word with simply being poor. Such is not the case though. Plenty of people with money still exhibit strong vibes of g h e t t o. Sometimes when people are poor, they buy things (gawdy clothing, old beat up luxury cars... — read more 

WF recruiter

Should one of the first questions a recruiter asks is, “do you want to withdraw your application due to compensation?”

Annoyed a bit

No offense intended, but if Wells is going to continue to move majority of the operations jobs to India, at least have them work the same working hours as Central Time. Why should we have to accommodate our schedules. Were our colleagues on the west... — read more 

Oregon, Wells Fargo layoffs

https://www.statesmanjournal.com/story/money/business/2024/12/04/wells-fargo-layoffs-salem-call-center-closure/76779819007/

Major snowstorm to affect millions this weekend.

Don’t feel pressured to risk your life to show up for work on Monday if the roads are dangerous. Especially for the executive leaders who have done everything possible to disrespect you, exploit you, marginalize you, undermine you and boast publicly... — read more 

H1B - Golden rules for hiring

The H1B visa program is designed to bring skilled workers to the U.S., but the hiring process for these workers needs to be streamlined for efficiency and integrity. Verify Authenticity of H1B Candidates: Companies should ensure that H1B... — read more 

Where is our new CISO?

A year has passed and a new CISO has yet to be appointed. The interim CISO is still appointed who has no clue about what they are doing. How many years more will be be waiting?

401k match question

Curious how exactly the 401k match is calculated for the end of year contribution. If someone makes 100k (no bonus) and contributes 6% all year - well that's pretty easy - should be 6k match contribution. What if this individual contributes 0% for... — read more 

Boxed in as a P3

Reviewed 31 internal postings, with opportunity graph, I'm a strong candidate due to current and prior WF experience. The openings less than three weeks old - 3 to Manila, 5 US, and the remainder India. Despite experience, earning the... — read more 

Wellsfargo will pay the price

Create toxic workplace to increase attrition and output will not work. Production issues are increasing. Unhappy customers are increasing. Legal troubles are increasing. Sh*t will eventually hit the fan!

Displacement Policy Rescinded

I was looking into policies around displacement and getting let go knowing my time is coming. It says the Displacement Policy, which linked in many other policies, was rescinded 11/25/2024. I was hoping to find out if the 2 weeks per year was still... — read more 

Retirement health coverage

I plan to retire the day after I get the bonus on 2/14, giving 2 weeks notice. I am still about 3 years away from the Medicare age of 65. Cobra is a lot cheaper than the retiree health coverage offered by WFC. If I select Cobra it will run out in 18... — read more 

Paid for carryover PTO if displaced?

I carried over 40 hours PTO and planned on saving as long as possible until March 15 deadline to use or lose. Reason being I’m expecting to be let go in Q1 and hoped to be paid for it plus any I accrue. I was told today that when displaced they... — read more 

Mandatory RTO in 2025

Just got word that there WILL be a mandatory RTO policy taking place in 2025. Basically if you don't come into the office, it'll be seen as a resignation of employment.

AI will replace tech

I can't wait. AI will be able to do a better job in a small fraction of the time. No need to wait for these techs to scratch their heads in confusion. If you can be replaced by AI, then it's time to pick up some new skills and find something else. — read more 

Fight!

Don’t let management fool you. Report them to federal agencies for violations!

Pathetic Medical coverage

Disgusting it’s salary based and you are in California, my friend works at a non profit and her Kaiser is $350 less a month!

Technology Performance Review

M, IM and NI this year will be laid off. If you get Exceed and above you are safe. Technology funding is slashed significantly by 45%.

401k 1% of salary deposit

When do we receive the additional 1% of our salary 401K deposit? I only received the 401K match contribution.

Ethics line

Has anything came out of filing a complaint on the ethics site? Or is everything deemed there isn’t sufficient evidence.

LHH Services

What are the opinions on the service provider by LHH? It seems to be subjective & I am getting conflicting info from LHH & hiring managers as to how much years of experience to have on a resume.

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