Anyone here anything about tomorrow?
Discrimination? Employees Should Not Self Re-Locate to a Core Market
This seems to be discrimination - if the the employee is a great fit for the position why couldn't/shouldn't they be allowed to self-locate? If an external job seeker that must move to a core market then why can't an employee? This REALLY smells. — read more
I feel like I’ve been supported from the day I got hired
More like, we’ve all been sh-t on since Charlie and Saul joined.
What if the Executive Criminal-Suite’s master plan is to eliminate all employees who know enough to question their shady business practices?
It’s a lot easier to manipulate and coerce new lower-paid employees and detached third-world contractors than it is to risk being exposed by experienced employees who know regulations and are confident enough to speak up.
I see PR has been working overtime
Wells Fargo slowly starts to shed the problems of its past https://finance.yahoo.com/news/wells-fargo-slowly-starts-to-shed-the-problems-of-its-past-150033098.html
Layoffs next week
Considering it's the start of a new month, how many layoffs can we expect to see next week? Any ideas on what will be hit?
Buckle up California
When it rains it pours. Watch out for next week storms. Don’t let them catch you off guard. I’m sure we’re all sinking.
RCSA destroys careers
Rcsa was invented to destroy American jobs
Location changed, to quit or not to quit
I'm in a hub, but thanks to the "location strategy", my location changed & my daily commute went up from 40 mins to 3 -4 hours depending on traffic. I can no longer drop my kids off at school and daycare and then get to work on time. I feel forced to... — read more
There's a storm coming in.
Tuesday. A mix of sunshine, rain, and an occasional severe thunderstorm. Localized flash flooding possible with hail and a tornado risk. Many have not been monitoring the weather and will be caught unprepared.
To Charlie & BOD
Every time I recount the way we are treated here, people say "Oh, I must take my $$ out of WF" - so far it's at least $5 million. Priceless.
Questions during town hall.
The questions our Joke CEO answers during an hour long town hall are a complete joke. They took no questions form online, and everyone one in the room is a desk jockey that isn’t worried about their job? I know for a fact that people form... — read more
Cybersecurity Location Strategy
Someone posted the cybersecurity location strategy. why are you deleting it? Posting again... https://i.ibb.co/gWzkjXg/Screenshot-2024-03-02-at-20-20-41.png
Wells Fargo's fraud shame: Leaked audio transcript claims to show shocking moment bank employee gave away customer's $100,000 life savings
How's that outsourcing going? Wells Fargo's fraud shame: Leaked audio transcript claims to show shocking moment bank employee gave away customer's $100,000 life savings to cruel crooks after just TEN-MINUTE phone... — read more
Sf Bay Area
This week in the Hagerman town hall only San Leandro and Concord were the only offices mentioned. Does that mean the SF office is toast too? Those of use remember when sf tech was on 1st, 45 Fremont and 333 market. I guess we are no longer an sf... — read more
March
Expect more layoffs
This!
I wouldn't take a layoff personally, it's business and that S goes both ways. What I do take personally is Hudson Yards intentionally tormenting employees to weasel out of paying severance, which is THEIR policy. That's not business, it's just being... — read more
India
It looks like we’re at 40% right now for our cohorts in India. Do you think this whole company will go to India soon? Stock going up, I wonder why? Cheap labor? We’re not under the asset cap, so I just don’t really get it. — read more
M Level Compensation
I have an interview in Digital. The HR said the position is either at M4 or M5 level. It is too early to ask what type of total compensation would be...is anybody here with some information particularly the bonus percentage of base?
Headcount for non Hub or remote emplyees?
Im guessing for both business/tech around 100k
law suite on Localtion Strategy
Laying off some remote workers, sparing others after publishing a location strategy . Does it call for a class action suite ?
Location Strategy Timeline
I'm beginning to get the feeling our 2-3yr timelime is extremely unrealistic. With senior leaders leaving in droves, and what appears to be very poor planning which leads to poor execution, it's not looking good. In speaking with people in... — read more
Location strat is just to kick us or make us leave
My reading of the location strategy is to have an excuse for layoffs en masse, and also to motivate people to leave on their own, so no severance pay. I have been considering looking for another job. With all the turmoil in the banking sector, it may... — read more
Badge in/out
Is anyone just badging in and immediately out and not gotten into trouble? I have to do the couple of times next week, so checking… I will get a lot of flak for this but I don’t have an option…
WFA and STL campus being sold??
Who else thinks this is a possibility? STL is not a core location for any LOB other than WFA.
Corp Comms “Heart-y” thank you email
Does anyone know what this is about?
What is the severance as of December to January 2024 ?
I see alot of people talking about severance but how does the lay process work now? Like they lay you off you get one week or two for every year of employment ? does it start after 60 days ? if you were paid tuition reimbursement do you need to... — read more
Wells Fargo is sued over response to fake accounts scandal
Wells Fargo (WFC.N), opens new tab, which has spent years trying to extricate itself from its fake accounts scandal, was sued on Thursday for allegedly not doing enough to help customers who were... — read more
Referrals, referrals, referrals
How many referrals this week? How many referrals last month? How many referrals from tellers? From bankers? Referrals. That seems to be retail banking's new motto. Referrals to premier bankers, to financial advisors, mortgage consultants, business... — read more
Laid off and rehired?
Anyone ever get laid off and rehired? What was your experience like in applying? Were you able to do it in time to keep your tenure? Do they even re-hire people? I don’t think I’ve known anyone personally to be laid off and come back now that I... — read more
SoCal
Really curious what happens with all the tech folks. Everything from executive down. There are a lot in Southern California.
Personal Goals: need 3 examples
What are some good examples of personal goals?
Head of Enterprise Risk - stepping down
Stephan is stepping down. It’s just going crazy one after the another. Elyssa Herman and now Stephan S. Anyone have any insights on what is going on.
Location Strategy???
Pardon my ignorance but can someone please explain what the real purpose is behind the location strategy? It’s not just an excuse to lay off people, they’ve been doing that all along without having to need an excuse. It can’t be “collaboration” if... — read more
Using WF office closer to home
Is anyone else using a WF office location closer to home but that is not considered their designated location? I know the RTO system flags for this, but has anyone experienced other issues from management / HR in doing this?
Head of communications walks away
She was here less than two years and was in the town hall yesterday. Better than the poem lady but nobody seems to last in that job.
Wagons Ho…any layoff updates?
Do WF staff think there will be more layoffs, branch or unit closures, etc. What do you think? Retail Banking is doomed!
Should Americans Be Worried About Their Jobs?
"Americans are worried about their jobs and feel uncertain about their financial conditions, but companies are still hiring and the U.S. economy is still growing despite elevated borrowing costs. On Wednesday, the Commerce Department revealed that... — read more