Does anyone know how this is calculated? Google maps? A radius from the office in question?

Does Wells Fargo Home Mortgage send out lay off notices via FedEx from North Carolina.

Anyone else have their boss give them a list of dates they are planning on taking to for the year and "strongly suggest" you avoid take PTO during that time to ensure the "team" is covered?

Recently, my location tracker (small target in task bar) is always on. Anyone know how they would use that data? Being tee'd up for the next round maybe? I have asked others and no one else I know of has their location tracker on permanently. — read more 

Last week of the month could be the peak. Blood bath.

Does anyone have any information on what the IA location strategy will look like? When will it be announced? What will the hubs be? Will there be any specialty locations? How long will the specialty locations be open if so?

They are just su-king up salaries, and adding no value to the corporation

https://www.businessinsider.com/bosses-quiet-firing-staff-avoid-public-backlash-layoffs-2024-2 Unfortunately, this is the way. Why not just lay people off instead of crushing moral. I know they want to reduce severance payouts but they already have... — read more 

While it is tailored towards employers, there is quite a bit of useful advice for us as well. “Preparing for Layoffs: L&E Partner Rebecca Bernhard Featured on Bloomberg Law... — read more 

I recently got laid off from Wells Fargo, and now I am looking for a new gig elsewhere. But I am aware that there is still a huge stigma attached to the laid-off employees. Does Wells Fargo disclose the reason for termination to our next employers?

I recently got laid off from Wells Fargo, and now I am looking for a new gig elsewhere. But I am aware that there is still a huge stigma attached to the laid-off employees. Does Wells Fargo disclose the reason for termination to our next employers?

I heard that ECMP is going to be down Monday and into most of next week.

I feel like an office chair or a table which can be tossed around or thrown away.

Wells Fargo Approach to Automation Testing: "The Neglected Stepchild Scenario". Needs dedicated managers and separate wing.

Anyone have the inside scoop on Elyssa Herman and her termination

Does anyone know if people located in the corporate office in Raleigh will be affected? I see fewer and fewer folks in the building. :(

No shame whatsoever in making decisions which most people would be embarrassed to carry out. Ethics and character are off the table unless legally forced, and often not even then. Laying off American workers and then brazenly giving themselves... — read more 

For what?? we do all the work for him to get paid $29 million a year it’s incredulous! Sending all our jobs to India, and I don’t know how he sleeps at night, seriously! Have some ethics and morals I know you’re a millionaire, but please think... — read more 

But it's not today. :)

Has there been any recent lay offs in Home Mortgage Collections, Customer Service or Home Preservation in California?

I just saw where leaders have another trip to Salem and Hillsboro during the week of March 13th. What could this visit possibly be about now?

Anyone have any visibility and timing around potential layoffs impacting Kyle Hranicky’s Middle Market Commercial Banking world, specifically the Specialized Industries realm, especially for those in more relationship / customer facing roles such as... — read more 

Teams recruited from J.P. Morgan overshadowing legacy WF Management. Recruited for Senior Roles Higher Salary Scale for New JP Hires Direct Access to Upper Management from Back Door WF Managers Appear Disempowered, Blank and No... — read more 

I was affected. Anyone know the headcount of those in business banking impacted this week?

Rumor has it that such notices would be sent out by end of February.

Are we d-mbing down our content? Example: Which item is acceptable? Take a picture of a customer balance Use your corporate credit card to pay personal expenses Alter a document a customer has signed Get a pre clearance before being on a... — read more 

Anyone knows what’s happening with WFA website? Trading not available

several of you who are out of market are getting the ax over the the next 18 months. those others who are not going to relocate are also getting the ax.

What is the difference in strategy between the layoffs that happen every other Tuesday and the ‘wave’ layoffs? Winston had teams affected this week and other locations have displaced remote workers and others for some time now.

People at my site are being laid off every other Tuesday like clockwork. Offshoring work bit by bit until no Onshore work is left. Yesterday were Credit Analysts and Loan Servicing. Non Hub. All on Hybrid Wfh/Office.

ANI reports : Bengaluru | Karnataka Minister Shivaraj S Tangadagi says, "Multinational companies will be required to display the number of Kannadigas employed on notice boards at their campuses. Failure to comply with the language requirement may... — read more 

The major IT layoffs, disguised as "location strategy," are going to be announced to all of IT by Tracy Kerrins on 2/27. All managers were notified of the "strategy" last week; however, no lists of affected people were communicated. The strategy is... — read more 

If you're in Winston and roll up to Tracy, expect an email next Tuesday about the location strategy and displacement. Some will be offered relocation, most won't.

I have a sneaking suspicion Shart is the prepping to jump ship in the near future. Odds of this actually happening?

How many have been affected? Which locations?

Does anyone know the protocol of folks displaced while on PTO? Does your manager wait until you come back from PTO to lay you off, or do they just contact you while on pto and let you know?

There’s been a lot of speculation about what would happen today with the Sioux Falls site since they had senior leaders visiting. Anyone know anything?

Large Among 600 listed Large employers… 57th – Washington University (St. Louis) 75th – Edward Jones (St. Louis) 106th – Emerson Electric (St. Louis) 388th – Premium Retail Services (Chesterfield) 411th Enterprise Mobility (St. Louis) 509th –... — read more 

With the mass layoffs happening across the organization with no end in the medium-long term how safe is CIB Markets ? This is the sales and trading division of CIB which has had some moderate success in terms of revenue growth but I don’t see how... — read more