I am reading people who work in non-hub locations are being laid off. Sad news! I left because WF wasn't committed to good talent and it was all a game, whether you worked in a hub or non-hub, even though you did your job well that didn't count for anything! It was dinosaur like and also hypocritical when you can still do your job well and not be in a hub while I saw some at higher levels get special privileges to work in non hub locations while their reports were asked to relocate for a hub to get an internal job even though the new boss wouldn't be there or anyone on their team in the location you were moving to. Total ridiculousness is what it is all. This isn't about common sense or execution, or even collaboration, it's about egos, idiocy and cost cutting by the folks in New York! The regulators don't care either. Yet the bank is being drained of talent it needs to resolve issues and problems.
To all the folks in non-hubs getting laid off, you should ask them why certain EVPs (I know of one in Consumer who works remote from his home in a mountainous state in a non-hub location with numerous direct reports) while many others in lesser roles are being cut or told they have to move at their expense to keep their job. What a bunch of hypocritical BS! Yet they preach equity and diversity while some folks are being laid off and others are getting special privileges to work remote! Nothing equitable about that! Some of y'all need to get a good class action employment law firm!
I won't ever refer business, do business with, or buy stock in Wells Fargo. I work with many businesses in my new role that are looking for bankers and lenders, I refer them to kinder institutions. Karma.
Good luck to y'all and leave as fast as ya can, there are tons of companies that will treat ya better.