For those of you who have considerable amounts of their 401k in WF stock; what are your thoughts right now? Keep? Dump? Murphy’s law says if I reallocate, it will double, if I keep, here comes a major outage or scandal. I’m leaning towards... — read more
Manager told next 3 months is critical
I had a one/one meeting with my manager. In the meeting, he expressed his concerns about our current project. He said we don’t have time. He requested me to work harder otherwise the team will be in trouble. I am senior engineer in HCOL. I find this... — read more
ECR location strategy
What’s the plan and when will location strategy start in ECR?
Does st.louis office have a parking garage ?
I will be in st.louis hub tomorrow for a business meeting. Is it easier to find a spot in the parking garage ? Can we park in any garage owned by WF ?
Approved outside business activity examples
Would love to hear if anyone has actually been able to get an outside business activity pre-approved with Wells compliance. If yes, what is your business? Looking to start a side business myself but want to try to figure out what will actually get... — read more
LinkedIn says we're a great place to work!
HR and the press team is going to be beating that dead horse now for the next 2 years.
Big layoffs in mortgage underwriting
Anyone hear anything ?
FCI Town hall
What did I miss?
Cybersecurity Town Hall?
Anybody catch this? Anything of substance? Thanks!
Layoffs today 4/24 in CTO
Entire teams told they were being laid off and their jobs will now be handed exclusively by India staff.
Location Strategy for Risk
Does anyone know where I can find more information about location strategy for Risk? Does it still have to do with the 40 mile rule? I’m in Charlotte but have a Weddington address (suburb of Charlotte but still within 40 miles of Charlotte hub). — read more
Location Strategy for Consumer Lending?
Has any news broke? It seems like it’s been months since any word
I hate having Wells Fargo on my resume
I hate that it represents more than half of my entire career. I might be imagining things, but it feels like it's ruining my chances of finding another job. I could just be paranoid, but I do believe that our reputation has suffered so much that not... — read more
RTO is ableist
I am disabled. I have a medical accommodation to work 100% remote. I’ve been with the bank for many years and have always been a top performer. I have recently been informed that if I don’t begin working in office minimum of 3 days a week, I will be... — read more
QA Roles are Coming Back
Now they realized the importance of testing and QA roles. Chain Shaw's decision is overruled....QA is Coming Back :)
CTO/CS hard freeze
What happened again? Freeze until May 9th… this sh** show never ends!
FCRM town hall
Did they address why the director is remote and why he isn’t subject to the relocation strategy?
FTC - New noncompetes banned for all workers as of effective date
Under the FTC’s new rule, existing non-competes for the vast majority of workers will no longer be enforceable after the rule’s effective date. So all of you in WFA you can now go out and start your own brokerage... — read more
Relocation
Did anyone get offered relocation what did that package look like?
Job postings
Why does Wells Fargo post jobs only to ghost people? I applied for a job that I got laid off from. Never heard a word. Applied for another job and was told they were moving forward with other candidates a month later. Do these jobs even... — read more
A Thank You Note
Wells, Thanks for opening a door. I loved the environment in terms of the buildings, things like coffee machines, the very high tech office we had, the coworkers and for the most part everyone in the building. The campus was like its own city with a... — read more
Hudson Yards
Looks like Hudson Yards is the place to be https://archive.is/hABaH
Data breach, WF terminated responsible employee
https://ciso.economictimes.indiatimes.com/amp/news/data-breaches/wells-fargo-fires-employee-after-data-breach-exposes-customer-information/109485146 Just realized the link says "India times" 🤔
Anyone having trouble getting on wave/vdi today?
Checking to see if anyone else is having trouble connecting
2/20 layoff
Another 450 let go. Once the data is in for March and April we'll see the numbers ramp up. Good luck to everyone that has been impacted.
WARN notices Google doc
Not saying this is 100% accurate, but is a good place to start. You can then check for your specific state on their employment commission site. This site has a link to a Google doc of WF WARN notices. https://layoffdata.com/company/wells-fargo/ — read more
TAKE A LOOK AT THE MEDIA FOLKS
All kinds of sc-mmy things WF is on the radar for. Again remember to let all of your families and friends know that for your and others financial safety under no circumstance is it a good idea to do business with Smells Fargo.
Just came here to remind you
That not a single one of you knows what is going on. This is a gossip and rumor mill site. Layoffs are to eliminate low performing and overpaid staff. If you perform you will get a location exception. Don't believe the of this crazy hype.
Town opening a new CHASE bank next to Wells Fargo & Bank of America
Thinking to open some new banking accounts with the new Chase bank opening in my town right near the existing Wells Fargo and Bank of America branches. Chase sounds like a good, stable, honest and trustworthy bank to work with in the future.
Layoffs and India/Philippines
Does anyone truly know truly know the salary ratio from a laid off worker to a India/Philippines hire? $100k job laid off here is paid how much there?
Bullying people out of their jobs
Layoffs are expensive, especially if the company is getting rid of employees who've been here for a while. I think they have another strategy that has been playing out simultaneously with layoffs to avoid paying packages. They have been trying to... — read more
Layoffs are slower than expected?
It appears that the layoffs are not as severe as initially anticipated. Could they of changed their tune about it?
Happy weekend
Hope everyone is happy
Audit Leadership Update?!?
Anyone know why audit leadership sent out a department wide meeting invite at the end of the day on Friday for a quick call at lunchtime on Monday?!?!?
LinkedIn Top Companies 2024: The 50 best large workplaces to grow your career in the U.S.
Guess who's number 3? Can somebody please explain to me how? This has got to be some kind of a joke. LinkedIn Top Companies 2024: The 50 best large workplaces to grow your career in the... — read more
60+ Smackaroos
Congratulations to all of those who didn't listen to the 1d10ts telling you to sell. We win. The tunnel vision non chart reading and non fundamental understanding losers lose. https://www.thelayoff.com/t/1qnp4th9
Stock Price and LinkedIn Survey
I know the positive news does not fit this Board's narrative. Forgive me for trying to sound a little upbeat. Somehow the fact the stock price again hit the 52-week high yesterday went completely unnoticed. What also went unnoticed is the fact the... — read more
Iowa WARN Notification 04/16/2024
Iowa posted their WARN notification late Thursday night, but this one looks different than the rest. For example, two weeks ago, the layoff date AND notice date was for 04/02/2024 for five people. This week it shows a layoff date of 6/16/2024 and... — read more