Does anyone know what the severance pay schedule is if layoff date was 11/15 (non-working notice 9/17)? On 11/15, I received higher than normal pay, which I assumed was unused PTO, plus the start of severance. It was off-cycle, and I didn't get... — read more
Hello, who the f is working today?
Happy thanksgiving all the Wellsfargo slaves!
What bonus?!
I’ve always done QA but in Roanoke and any job I’ve never gotten a bonus since 2005. Or cost of living..
How is the union progressing?
Any corporate functions voting yet?
Looking for a fresh start
I’m over being stuck at Wells Fargo. I’ve been hunting for something new, but the job market’s been tough. Despite that, I’m determined to leave before next year. I need to get away from this toxic culture that’s drained me. Merit doesn’t seem to... — read more
How much does everyone make here?
Job grade?: P1:P6 M3 etc.. Location?: east coast, central, west coast.. Package?: Base + Bonus last year
Why are we even surprised people are being laid off during the holiday season?
WF proved again and again that they don’t give a damn about any of us. We are just numbers. The only thing that we can look forward to is more attrition. They’ll exert an inordinate amount of energy to come up with and implement intricate ways to... — read more
Exclusive-Wells Fargo asset cap likely to be lifted next year, sources say
https://finance.yahoo.com/news/exclusive-wells-fargo-asset-cap-113431477.html
DEI thread removed, but not right awsy
It sat around yesterday for hours and to my eye didn’t have any problematic content. Not my thread. How does editing by TheLayoff even work? How do they decide? Does WF secretly get live item veto under threat of slander suits? I can’t remember if... — read more
F you all the hypocrite management d*cks
F you for laying people off during holiday season.
Forced inconsistently meets
Buckle up everyone! 2025 is going to be more exciting than ever! Prepare for more dishonest performance reviews and an increasingly toxic culture shift as managers look to find ways to give inconsistently meets for 10% of their teams, regardless of... — read more
Accommodations
Is it worth submitting an accommodation for a renewal? I hear they are just denying them but then I hear of a couple people getting them approved. Don’t know if I want to waste my time & deal with more stress. Or does it really just depend on your... — read more
New York New Jersey hub
I am software engineer in east coast area. Should I worry layoff? Is it core hub?
Do any of you actually have time to search for other jobs?
I can’t remember when was the last time I left work when I’m supposed to. I just come home and drop dead. It’s also near impossible to find some time during work hours. I would love to at least have a look at job opportunities. I just don’t know... — read more
Let go today
My manager laid me off today. What a surprise right before thanksgiving. Su-ks. LOB is Technology.
It's Termination Tuesday - Any Impacts?
LOB, Location. May you find peace in your future.
Massive Layoffs coming for Risk
Asset Cap will be removed in 1H 25. So much fat, start looking now.
Location Strategy 2025
Anyone have ANY legit info about location strategy for 2025 (other than it will occur)?
Going Forward
Wells Fargo is a different company today than when I arrived. During my tenure, we have driven a tremendous amount of change and progress and established a much stronger risk management and operational foundation. We have changed our leadership... — read more
FLIV being broken up?
I see the FLIV team is going to be absorbed by EBCE, BCM and IT&V . They just created this team 3 years ago- always moving things around like a game of chess.
'Hudson Yards Holiday Season'
Top "article" on Teamworks....do these ostriches even know the vast majority of the Company is nowhere near Hudson Yards, nor even remotely gives a sh--e?
RTO increases personal expenses
And not by a small margin. What it definitely doesn’t improve are productivity, cooperation or efficiency. I know they want most of us gone, but couldn’t they’ve done it in a more efficient and less expensive way for all parties involved? A lot of... — read more
CIB Chief Risk Officer is leaving
What is the real reason ? The timing is bad given that wells is trying its best to lift the asset cap. This can’t be good news from a reputational perspective. Something dosent seem right.
Don't lift Wells Fargo asset cap, Warren tells Fed
https://www.bankingdive.com/news/warren-wells-fargo-asset-cap-fed-powell-barr-letter/733625/ Pocahontas has spoken!! The bank's OCC order, citing anti-money laundering deficiencies, and a court case over alleged sham interviews prove Wells hasn't... — read more
Thanksgiving week
I would hope there wouldn’t be layoffs tomorrow during a Holiday week
Happy Holidays
As we navigate these challenging times, I want to take a moment to express our sincere gratitude for your hard work, dedication, and the critical role you continue to play in our organization. To show our appreciation, we are sending you a tin of... — read more
Can Wells Fargo not give severence when on disability?
I understand Wells Fargo gives 2 weeks severance per year of service. Can someone who was a FTE there lose severance if they have a serious illness that prevents them from working and they were approved for short term and then long term disability... — read more
BBG employees with Executive Director titles.
Super lame how WF gave the blanket title of Executive Director to basically everyone, regardless of qualifications. They wiped put SVP, etc. But now BBG (now EMM) used carsalemen are "Executive Directors." What a joke.
Lazy
A piece of foam floating down a lazy river. Nepotism at its best
401K limit
Does empower automatically cut off excess 401K contributions ?
Why are we still opening new branches?
Shouldn't the goal be to get rid of most if not all of them?
Wells Fargo raises S&P 500 2025 target to 6500-6700 on earnings growth
Oh boy. Now this should make investors nervous. Wells Fargo Investment Institute is WRONG more often than they are right. The problem is that the bank has decided they must have one voice when advising clients. Yes this makes sense on paper, but it... — read more
Unemployment after severance
Does anyone have experience or advice to share about applying for unemployment benefits after severance ends? Does WF deny these unemployment claims? Can not fulfilling RTO requirements (the reason for being displaced) be a reason for denying... — read more
The best LinkedIn post I've read in a long while
"No one wants to work. Our turnover is terrible." Did you give raises over 7%, the rate of inflation, so workers got ahead? "No" Did you give larger raises and bonuses to execs than others? "Well, yes, but..." Did you ask people to pick up slack for... — read more
Where would you look for a job outside banking?
I’ve been in banking for 15 years, and have changed three banks. I want to leave WF and the industry. I’ve been trying to think outside the box, and have been sending out resumes to smaller companies, some insurances, and even applying for government... — read more
WF didn't organize correctly to take advantage of Agile
Product Managers were put in to try and do that but then we identified products wrong. To make Agile work we have to be tech organized along true products and services like car loans and brokerage accounts or customer connections and branch... — read more
Warren's letter ...
https://www.bankingdive.com/news/warren-wells-fargo-asset-cap-fed-powell-barr-letter/733625/
Any laid off people going back to WF?
For laid off people or coworkers of people laid off, are you/they coming back to WF? I personally know of only 1 person that came back and that was to maintain PTO and benefits.
Pi---d Off Employee Leverages Technology Against Management
In an awkward moment today, a WF employee unmuted himself several times during a meeting to let Management know what he thinks about them and the direction of the company. The employee also posted several comments in the chat, airing his grievances... — read more