We were told to start coming in 4 days per week today(Commercial Banking Group) and eventually it will be 5 days. I am guessing they will cut access to wfH once 5 days per week mandate is implemented.
26 replies (most recent on top)
Pandemics will no longer be allowed.
OP's official job title is "VP of the Obvious".
Sorry, this is a WF board, AVP of the Obvious.
0 days, in office or at home, is coming soon. RIP everyone's career.
Outside of Hudson Yards, we won't HAVE a physical footprint in the US at some point. I&P, contractors, and automation. The execs will hang out at HY and high five each other while drinking in duty. The rest of us will be working elsewhere or retire.
Once the cuts are done in 2025, they'll go to 5 days per week since the US headcount will be aligned with the reduced physical footprint being implemented now.
Laptops will go away and you'll have to get permission from your Manager to access VDI outside of a WFC office.
Cameras will be installed in office buildings and background recording from workstation cameras will be used to track and improve productivity.
It'll be a glorious, brave, new world at WFC.
For RTO I heard from a very high up source they will soon start handcuffing you to the chairs and require you to wear ankle monitors 24/7. They will use proprietary AI to see if you are not looking at the monitor at all times. If you need to use the bathroom please submit a temporary handcuff release ticket and hopefully you will only need to wait a few hours. The chairs are luckily complementary to sleep in overnight and optional beds will be offered for $100 a night (weekends $150).
The next step in RTO is 25 hours, 8 days a week.
FRTO and F Charlie
I heard at 8am they are going to make us put all the chairs in a circle. Then they are going to take one chair away and play music and have us walk around the chairs. When the music stops you have to sit down. Bad luck if you can’t get a chair. You’re laid off.
CIC in CLT can seat 6000, bldg. is getting full, unassigned seating areas are now limited compared to when I returned to office in March ‘22. Was a ghost town for months on end, but over the past six months or so parking lots getting full. Heard earlier this year that 4 days in office was what they were going to settle on. I am in CIB, most of us are five days. My team is 3 office, 2 wfh. We are the exception. I am leaving after bonus, have job lined up, taking pay cut for remote, I am fine with it. Actually, glad to be leaving.
FRTO today, FRTO tomorrow, and FRTO forever.
Mortgage processor here we’re going back next year . 1 week in office 1 week WFH not too bad
The id--t posted this is probably want work on lap of his peer 8 hours in office. Currently with 3 days, there are no cube available to sit.
AVP here. Don't believe anything SVPs say, they are all liars.
SVP here. It will become 5 days per week sometime next year. Those who can't find their own cubicle will be displaced from the company.
I heard they are putting beds in the buildings and now you will be there one week on (24 hours per day) and one week wfh. They will alternate weeks to make sure there is room.
5 or 4 days a week is something that will drive people to take a lower paying job even externally. Parking, extra gas, and car costs are probably worth a 10k decline to be remote or in a more flexible arrangement. Sad this would happen in an economy where people are struggling.
And soon it will be SEVEN days a week!
In Charlotte they just vacated 2 buildings and will be vacating their Ft Mill location early next year. That doesn't line up with a 4 day RTO mandate, unless they are only requiring it for select LoB's. Right now it's difficult to find a seat M-Th, so no way 4 days can be applied company wide.
I assume you are operations?
I have heard it was to start rolling out in 2024, but it won’t be mandated for all teams, more LOB specific.
This tech hasn't been affected.
I've heard the same about Commercial. Not other groups though...yet
Is this all of Commercial Banking??
The only way to mandate 5 days per week is to cut the access from wfh. Otherwise not too many people will comply just like the 3 days.
The ability to WFH in some capacity won't be cut even if RTO goes 5 days. There are too many use cases for people doing some work at home (evenings, weekends, holidays) that benefit the bank.
If RTO goes 4 or 5 days, the C suite will finally see the exodus it's been wanting, but it'll be far more than they wanted or anticipated.
Lukewarm comp + pointless RTO = mass exodus = Wells can't meet regulatory requirements, customer satisfaction, etc.
I know a lot of people said they were leaving if RTO was mandated for 3 days, and many of those people didn't leave. But 4 or 5 days will finally be enough for most people to say 'f it, there's literally no reason to work here anymore'.