I survived a few layoffs in the past but this time is not the same. Wish me luck.
Working or non-working notice
Have you received a working or non-working notice?
Tech Issue?
Anyone got the scoop on payment issue? Rumor has it that there were some folks let go because of Techs inability to fix problems. Any truth? What is going on?
Is my boss lying to me?
I noticed a job posting in India with my title and responsibilities. I asked my boss about this directly if this was to replace me, in which they did very briefly pause, but then explained it had nothing to do with our team, but with another group... — read more
If I got offer in my severance period, tenure will continue
If I got an offer from wells in my severance period, the tenure will continue or you will start again
Our CEO protege of this Guy
https://www.realclearpolitics.com/video/2024/05/02/viral_tiktok_what_does_jp_morgan_ceo_jamie_dimon_mean_when_he_says_the_consumer_is_doing_well_in_2024.html
May 2, 2024
Maddening https://www.desmoinesregister.com/story/money/business/2024/05/02/wells-fargo-iowa-west-des-moines-jordan-creek-layoffs-announced-ceo-gets-pay-raise/73543399007/
Severance payment?
Will someone please comment on how long it took for them to receive their first severance payment after the 60 day warn notice was over? I have received payment for unused PTO but the severance checks have not started yet. Thank you in advance.
6 AM West Coast Time Conference Calls
I understand that we are a global company and there is no, one single time when we can all meet. Perhaps, given our growing presence in I&P that two calls are scheduled? One for the EST/CST and then another for West Coast and I&P? To better... — read more
Needs Improvement layoff/termination
Does anybody in the know give a timele for this? Currently put through an action plan and should clear it. Thanks.
Whos alive during these rounds of layoffs?
Lockbox was eliminated recently in CA
1099 while in 60 day working period
anyone know if you can work as a 1099 contractor while you are in your 60 day working period? i've seen no W2 work comments but curious about the side contracting
lol
https://newsroom.wf.com/English/news-releases/news-release-details/2024/Wells-Fargo--Company-Announces-Common-Stock-Dividend-570e3c2d7/default.aspx
Iowa WARN Notification 04/30/2024
The Iowa WARN notification just posted this morning. There were 40 souls given a 60-day notification from the Jordan Creek building in West Des Moines. That brings the total let go YTD to 132 in Iowa.
Merit means nothing anymore
Once somebody realizes what it is that secures a promotion at Wells Fargo, they either start putting much more effort into office politics than doing their job or they leave. This has cost us so many good employees over the years and it will continue... — read more
You should know by now Wells Technology is piece of garb@ge
Others (Meta, Google) have been cutting middle layer fat by flattening the organization, removing incompetent managers but Wells Fargo Technology protects managers and allow them to exploit engineers. How funny is that.
Did anyone’s manager ever share the employee survey results for your team?
Our director promised they’d be shared and they would ask for feedback but then they started laying people off on our team and then we never heard anything again LOL…I guess they’re not even pretending to care anymore at this point
Seeking a medical exception for quicker layoff?
I live close to a core location but want to be displaced, not fired for a BS excuse. Would a medical exception make me a remote worker and get me in a first phase for a layoff? Trying to have some control over the future. Strategize with me
Couple tech workers got axed yesterday
Tuesdays layoffs is true. San Francisco Bay Area.
When can you return to Wells Fargo as a contractor after layoff
Is there any time limit you have to wait for return to Wells Fargo as a contractor once your non-working notice period end. or you have to wait until severance period to be end.
When can I apply for Unemployment in NC state
After layoff from Wells Fargo when can I apply for unemployment, after non-working notice period end? or after my last severance check.
Severance package info?
Anyone care to share the severance expected? We are out at Barnhart within the next few months. Would this be a lump sum check or monthly payments?
Job during layoff period
If you get laid off by WF, can you get another job during your 60 days and severance period?
Non vested stock bonus at layoff?
What happens to your non vested stock bonus awards at layoffs- do you keep just the vested or you get to keep the rest as well. Do you still have to pay any for the vesting period to cash it? Has anyone impacted dealt with this?
COO Control ORG Mass HITS Continue!
Appears the Control Org is taking mass hits with continued layoffs each week and word on the street is Senior Leadership is now saying the org is top heavy which they have informed existing employees they need to reconsider their career opportunities... — read more
Another 4.5M for Chuckie
https://stocks.apple.com/AxHxazW4_REWzWEzMbW5fcw
layoffs at NJ locations?
As Firm started sending communication on moving and consolidating to new location at metropark for other locations at NJ.. are we going to see more layoffs at NJ in coming weeks as part of this new location stretegy?
When is Final Paycheck
Let's say you're displaced on the 12th of the month, when is the final working date as being employed? Is it actually 60 days later, or end of the month the 60th day is in, or end of the pay period the 60 days is in?
Wells Fargo has turned into a dystopian work environment
The atmosphere is incredibly bleak, with layoffs turning from something that happens occasionally into an everyday fact of life. As a result, so many people are willing to take mistreatment, bullying, and so many other problematic things just so they... — read more
Remote Impact: Business vs. Technology
We have thousands of Lead Product Owners, Senior Business Analysts, Business Product Managers, and Business Heads who have been working remotely for years. The question arises: With this latest location strategy, have they also received layoff or... — read more
My heart rurts
Every other Tuesday my heart hurts for all of the wonderful talented employees that have been displaced by this company. What a tragic loss this is to an industry that can accomplish so much more with the best talent it has. Same on the BOD or... — read more
Anyone else find LinkedIn painful?
I recently updated my Linkedin profile preparing for the inevitable and I have to say, being on that platform is torture. The cheerleading and phony positivity everyone excudes with hopes of landing a job or looking good for their boss is nauseating... — read more
Chandler
How many were let go in Chandler?
St. Louis layoffs
Anyone willing to shared which area you were in or title?
Conduct Management Layoffs
About 10 layoffs in the Conduct Management space today. Mostly people with 'Analytic Consultant' or 'Business Execution' in their titles.
Simply a Theory
I’ve notice that as of today it’s been about 60 days since one of the last big layoffs. Now with the rumors that have been circulating about June it’s starting to make sense. I honestly wouldn’t be surprised if it’s gonna be a continuous 60 days... — read more
It Finally Happened Today
Got the layoff from Technology today. Others on my team impacted as well. I wasn't sure whether to believe the "Tuesday" rumors, but I guess they're true. Process went as others have described: Mid-morning meeting with my manager. He read a... — read more
How does FTC noncompete impact WF employees?
https://www.ftc.gov/news-events/news/press-releases/2024/04/ftc-announces-rule-banning-noncompetes Does that mean WF employees can have outside business activities?