Finra viewed the error by WF Advisor as theft . . . https://www.advisorhub.com/wells-fargo-axes-veteran-broker-who-expensed-60-personal-fedex-bill/

I know the job market is tough, but I'm starting to feel like it doesn't matter and I'd be happier unemployed than being part of this mess.

How is that different from VDI, what are they talking about?

Per the CFPB in Dec 2022, “Wells Fargo is a repeat offender, a corporate recidivist that puts one third of American households at risk of harm.” Our top 5 primary offenses are Consumer Protection Violations, Mortgage Abuses, Banking Violations... — read more 

Any layoffs at Barnhart today??)

We have a bunch of people at Grace Hopper, others are posting pictures of large meetings. We're laying people off but we have money to send 100 people to conferences? I haven't been to a conference in over 5 years - and I'm talking about an... — read more 

72 ECMO Boise employees given their 60 day non-working notice at 10:00 a.m. this morning.

No news is good news

So I received offer to join another investment firm in similar compliance position. They have 200 financial advisors versus 10,000 plus at WFA. The hiring manager told me they recently fired a person that joined from Wells Fargo Advisors cause... — read more 

How to survive in WF?

I worked in several big companies, not all of them in banking. WF has proved to be the worst work experience. Office politics is insane, backstabbing casual, and the team toxicity is cleverly encouraged and exploited by management. Whatever actually... — read more 

Recently got moved to EBCE even though I work at a “core” site. Supposedly this has nothing to do with being identified for layoffs, but the whole experience so far makes me feel like they are setting me up for failure. To make the situation worse... — read more 

What's the timeframe for a new employee to onboard?

The reason for a union is for employees to have collective bargaining power with the employer. I haven’t had an opinion one way or the other in the past, but I’m watching Charlie pick us off one-by-one because he and his minions hold and want to... — read more 

Wells Fargo culture is toxic as it is, but add to that the hustle element, and no wonder so many people are either leaving, burnt out, or hating their jobs. Bosses here will gladly take advantage of your hard work and praise your dedication with... — read more 

I’m sure numbers in a short time will prove this. Yes, some of the jobs can and will be replaced by AI, which is btw over-hyped and still just a rudimentary tool, but the vast majority of jobs are just being offshored under the excuse of the AI. We... — read more 

It’s all fun & games to be rage applying until they all start calling you back & you don’t know which one is calling you back

Position/Division/Years of Service/Happy or Not.

Does WF continue to subsidize medical coverage during severance period?

Is Lead to Manager considered a lateral? Meaning no pay increase. The corp titles are the same and the compensation code. What is the incentive for someone who is a Lead to do that vs stay on the IC track and go for Sr Lead?

When are these locations (Folsom, Roseville, Rancho Cordova) closing?

Corporations serving only the top and shareholders is not a sustainable arrangement within the framework of any society. Maybe in a lab. They exist in communities, draw resources from said communities, and enjoy low taxation, legal protection of the... — read more 

One side of mouth: Scharf boasts about cutting 60,000 jobs while also building out India and the Philippines. So how many US jobs have been cut? I would estimate at least 80,000 jobs Other side of (lying) mouth: “We continue to believe our... — read more 

There’s been Leaderships offsite and the primary topic was layoffs in Q4. Update your resume folks.

https://news.bloomberglaw.com/banking-law/wells-fargo-workers-claim-layoffs-sought-to-disrupt-union-effort

Can you collect unemployment after being laid off?

It’s time for these to start circulating! I moved to a LBEC in January $115K base What should I expect? With targets gone there were zero estimates from recruiting.

Charlie is purportedly an educated and intelligent man, but he interacts like a teenager, which makes him sound unprofessional and uncertain. The man is the CEO of a large bank. Where he needs help is cutting out “filler words” which make him sound... — read more 

Charlie, “ I want to thank everyone who I worked with at Wells Fargo for everything they've done to transform this great company.” Past tense? Could just be wishful thinking on my part. 🤞🏻

Explain that for me. What does that mean and can I get another job during that time?

Wells Fargo & Co. employees seeking to be the first nonbranch-based workers to unionize say the bank fired members of their proposed bargaining unit and made other changes to working conditions ahead of a scheduled... — read more 

With all the layoffs going on, how does Wells Fargo STILL have 220k employees ? Are they just laying certain people off while hiring others ?

I absolutely hate this place. There was definitely a time when WF cared more about their employees. But this place a toxic s*hit hole with almost no regard for its employees except how to torture us so we quit so they don’t have to pay out severance... — read more 

“TD Bank pleaded guilty to conspiracy to commit money laundering, the largest bank in U.S. history to do so.” ————————- Charlie won’t admit guilt even if it’s caught on camera and there is a trail of irrefutable evidence. “In a statement, Wells... — read more 

Compliance is the biggest sh%?sh0w at the bank. This is what happens when you put a bunch of attorneys in role they are not qualified for.

Submitted my 2024 Accomplishments yesterday: 3 DAYS A WEEK IN OFFICE. Nailed it. Achieved the #1 most important goal of senior execs.

Toxic… toxic…. Toxic!!!

Anyone else get the email for one of the Charlotte locations? They are doing this for when they move to 5 days a week in office. There is no other reason I can think of. #wellsfargosh!tshow

The ONLY people who think Charlie is doing a good job is our BOD. The last Wells Fargo Board of Directors meeting: Steven, “Not sure how it’s possible, but we haven’t been shut down yet.” (laughter and applause) Charlie, “I think that calls... — read more