Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

3/19 will be Huge

By all indications Tuesday 3/19 will be a huge layoff day. This gives Charlie a big talking point for the quarter, and the ability to say he is not done yet. This will drive future effeciency gains by prompting more resignations without having to... — read more 

Internal investigations India.

Can you imagine being interviewed on a matter by a person in India or the Philippines? Conduct Management Enterprise Investigation is displacing Investigators. This is going to be the biggest joke. “Best” of luck to you WF. Talk about consent... — read more 

Sol G money-wasting karaoke machine

For Wells Fargo Advisors peeps- how much more of Sol G's obnoxious, weird weekly newsletters where is he traveling the country forcing people to karaoke. This week was Nashville-forcing employees to get on stage and sing karaoke yet again. Next week... — read more 

Bank of India

You know it, i know, everyone knows it. I walk around the state side offices and it looks like India. Indians packing the place with other Indians. You look at all the posts, India. You look at the 50K+ in India and the thousands of postings... — read more 

WARN Database - Wells Fargo

Is this data accurate? Is it not? Work together please. https://docs.google.com/spreadsheets/d/1UDjtd3Rt-0OU-35Ykms6m45VQCLYv6wczwt79PoTZmk/htmlview

Is this a forced recession?

Something tells me these layoffs across the country are meant to force a recession. We thought the economy would cool after COVID and interest rate hikes but that hasn’t worked so let’s just can everyone. It’s no secret that companies want interest... — read more 

I'm in Technology

I'm in Technology and my manager pinged me today to discuss my future here at Wells. I was told either next month or the latest in May I will be displaced due to me remote and not near any of the hubs. I'm kinda surprised that I got a heads up... — read more 

Casino is coming to HY

Could this be the reason why they’ve invested into HY? https://nypost.com/2024/03/13/us-news/wynn-resorts-unveil-renderings-of-massive-12b-nyc-casino-complex/?utm_source=url_sitebuttons&utm_medium=site%20buttons&utm_campaign=site%20buttons — read more 

Today's Top 5 Cities on WF Jobs Board

Top 5 cities with open positions on today's Wells Fargo jobs board: Bengaluru, India (300) Hyderabad, India (266) Charlotte, NC (193) Minneapolis, MN (72) Chennai, India (58) Wonder how many employees in non-core locations were displaced this week. — read more 

Super Tuesday

Everyone ready for Super Tuesday? Looks like it's going to be significant. Charlie has got to make an impact for 1st quarter.

Formal Notification

How is everyone getting their formal notifications? I received a pre-notice on March 5th and was told I would receive a formal notification “mid-March.” When should I expect my formal notification and how will it come? Mail, email, phone call, etc?... — read more 

What to do with old stuff

Once we are gone, what are you going to do with your wells stuff. The lucite cubes for years of service, pins , coins. maybe box it up and send it all back once the severance is up maybe. burn it. who knows.

RCSA....

I can't be the only person that gets paranoid when management meets with RCSA, right? Two different areas I have worked in start working with RCSA and then layoffs and reorgs hit as soon as they are done.

It was never about the company

I have spent the majority of my career at Wells Fargo, believing that it was about helping the company. Believing that I could make a differance for Wells Fargo. I now realize that it was never about Wells Fargo. The only thing of any real... — read more 

Failing up

This doesn't happen always, but so far I've noticed twice in several years that managers who made significant missteps, one of them a rather expensive one, were rewarded with promotions. How and why does this happen? I don't know that they're related... — read more 

4th major outage in a year under TK.

What they are doing in tech isn’t working. It blows my mind that TK isn’t being held accountable for this and that there is no pause and analysis of the impact of layoffs and pushing everything to the cloud is having on the stability of tech... — read more 

Layoffs in Financial Crimes

Too low down the chain to know anything, so please post if the upcoming reorganization will include more layoffs than what is occurring throughout the company

Fake it until you make it?

Anyone else noticing promotions and reassignments that make you scratch your head? Some of these chaps have limited experience, aptitude, mediocre communications, and frankly lack executive presence. What gives?

Manager dual reports between different LOBs

Our manager has a dual reporting relationship across two completely separate LOBs. Do us peasants have the privilege of claiming dual reporting as well or is it just reserved for the direct manager? Asking because each LOB has a different location... — read more 

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| 770 views | | 5 replies (last March 15, 2024)
Post ID: @OP+1rxMfGPi

Where is everyone applying?

I was looking at US bank but salaries were too low. Citi just seems like a sh-t show right now. Where is everyone applying?

Relocation does not guarantee job security

Unless you live in a completely dead job market it’s really not worth it. I have a coworker who was asked to relocate to a hub in 2022 when he took the job, but now ‘efficiency’ cuts are hitting everyone. It’s not worth it uprooting your life only to... — read more 

So thinking of double dipping

Was offered a contract position at another big bank, but I am trying to figure out how Wells would find out. I am not planning to update my LinkedIn or talk to anyone else on my former team about what my plan is. I have about 45 days left for my... — read more 

Remote Role in EFT Impacted by Location Strategy

Had a call with my manager who was reading from some document or email telling me that my remote role is impacted by the location strategy. Manager could not answer any questions about timeframe and I was told that "something" could happen in a... — read more 

So this is the plan huh?

Aggressive location strategies followed by backfilling with Indian and Philippine team members? That’s Sharts big brain plan? We finally start getting out of regulatory scrutiny and the guy plans on upending the families who did the leg work? And... — read more 

Location Strategy Hits COO

Got our initial contact from management last week for impact of Location Strategy. Three Options: Relocate to new location (MN, IA, or NC) Commute to 1 of the above locations at your own cost 3 days/week Accept Severance Package. Happy... — read more 

Tech Control Layoffs?

Anyone know if they happening? No new hiring in a long time. Central teams are being shrunk. What will happen in Tech Controls????

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