Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Wells Fargo's stock is up 17% over the past year compared to a massive 46% increase of the Dow Jones U.S. Banks index. Fortune 10/08/24

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 

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| 732 views | | 6 replies (last October 14, 2024)
Post ID: @OP+1uVE3a1q

Corporate Title Changes

I noticed corporate titles have been removed from people. First Vice President has been removed while others who were VP have been dropped down the AVP. What’s going on?

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| 1270 views | | 6 replies (last October 10, 2024)
Post ID: @OP+1uVbh2uu

Layoff questions

I can't ask locally. Little to no real answers provided. Say you work in a site that is closing. You come into work and see big & expensive piles of ports to attach to your current work equipment. This doesn't add up. OK, the site is closing and... — read more 

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| 1090 views | | 10 replies (last October 15, 2024)
Post ID: @OP+1uVpP44q

Is your team mgmt utilizing people’s skills well?

Situation with my team is really horrible. They took on some clueless new people that do not contribute in any significant way. The rest of us have been here for a while, we all know our strengths, weaknesses and skills, and yet what mgmt does is to... — read more 

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| 790 views | | 5 replies (last October 11, 2024)
Post ID: @OP+1uVgoUXB

Chances of layoffs prior to bonus

Hi. I’m being set up to fail after layoffs/team re-org back in March. I’m now working with 2 managers who will likely give me a terrible review and if even the 2 other managers I work with give me stellar reviews, I know how big companies work and... — read more 

Well...

https://www.advisorhub.com/wells-fargo-ordered-to-pay-1-4-million-to-fired-florida-broker/

Rto for contractors

Why are contractors exempted from rto ? So that they can do side hustles during office time ? This is not fair to ask to employees to rto where as contractors can work remotely.

WF Alumni Network ad on linkedin

Can you believe they kicked off this “initiative”? It’s suppose to be former employees to network with each other and perhaps find a role with WF again. Lol. They even have a picture of chainsaw Charlie in the online ad. The job board is the same ole... — read more 

NO clue

Most of you have no clue how to run a business. All you do is whine and bi--h about your job. If your so head strong why don’t you out your feet in gear instead of your big mouth and go find another fu--ing job that pay as much as we pay you

Industry where jobs won’t get offshored

I have data analytics background and have 18 years of experience working in the industry with 15 years at WF. This place has become so toxic, i am thinking of transitioning to healthcare IT area. Because of the HIPAA regulations, i wonder jobs are... — read more 

Insurance after layoff

I don't see anything in the displacement documents that state what happens with your health insurance once the 60 day non-working period is over. I know you can pay - but is that both our employee cost + WF cost? If this has been asked before, I... — read more 

Don’t expect quality or qualified

WF no longer posts positions to find qualified, diverse talent. Now, they bring their friends in and put them in roles beyond what they are qualified for. Employees now reporting to these new managers are being asked to train them. And these friends... — read more 

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| 730 views | | 6 replies (last October 9, 2024)
Post ID: @OP+1uTESF1J

Someone pointed out that the pressure from Scharf & Team to offshore is as intense as the pressure was from Stumpf & Tolstedt to cross-sell.

Interesting point. Intense pressure from Senior Management to meet unreasonable goals. Senior Management minimizing and even punishing contrary views from frontline managers and employees. Aggressive pressure leading to poor decision-making... — read more 

I joined Wells Fargo a year ago

Since then, I've come to realize that there's little to no communication between employees and those above us, management likes to use fear-based tactics, you have to play office politics if you want to survive, and most people are so tired they are... — read more 

Hiring Process

What’s the standard timeframe for the hiring process? I applied for a few different jobs before I was laid off. It’s been 3 weeks. 2 weeks ago I had my phone screen with the recruiter.

Wm Barnhart lease

I've heard that a new tenant will be moving into the Barnhart center on 1/01/2025. If that's true, Wells Fargo employees will have to be out by December 2024. Can anyone confirm?

Safest & Least Safe areas to work at WF?

As we contemplate when/if our jobs will be eliminated/shipped overseas, what are some of the relatively safest and least safe areas of the bank to work in terms of job security, in your opinion?

New Service Now Requirements

Due to recent facilities leadership team directives please read the changes effective immediately. Standard and Incident $hits are no longer acceptable and you will turned away at the entrance. All AUs must create their $hitNow request for... — read more 

Home mortgage process

Can someone help me understand. During the process the following parties are involved: HMC: takes or perfects the online app HLP: communicates what stips customer needs to turn in (job mainly consists of copying/pasting emails seems like) .. — read more 

Fire us if caught not making enough keystrokes

Wells Fargo monitors our every move and keystroke using remote, electronic technologies - purportedly to evaluate our productivity - and will fire us if we are caught not making enough keystrokes on our computers; however, Denise went unnoticed at... — read more 

Intimidations/retaliation from FMLA?

Just curious if anyone else is experiencing what feels like intimidation and retaliation after returning from leave. I was on leave for major surgery and returned on doctors release date. But my manager is making it seem as if I’m demoted by asking... — read more 

THANK YOU for the Christmas Bonus!!!

Thank you for the early Christmas bonus... I was displaced last month and already started working at my new job... Loving the two paychecks...

How many in-office hours to stay off the naughty list?

My LOB has informed us that they won't tolerate "coffee badging" any longer and we'll be dinged on year end reviews if we don't comply. What's the current thinking on how many hours that means we need to be in the office? I've heard mention of 2, 4... — read more 

Recent Layoff Questions

For those who were let go recently or know of people that have been what areas? Location - Job Title - Department Inquiring minds want to know

We gotta get out of this place

We gotta get out of this place If it's the last thing we ever do We gotta get out of this place Girl, there's a better life for me and you

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