Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Feb 6th - Layoffs

I’m from Corporate Risk and multiple layoffs in our area. To be precise, Elyssa Herman’s org- CRRA.

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| 2270 views | | 2 replies (last February 6, 2024)
Post ID: @OP+1qWC3udX

Shockingly Quiet today….

Maybe they aren’t making cuts on Tuesdays this month to throw us off. Charlie you’re so silly!

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| 1510 views | | 5 replies (last February 7, 2024)
Post ID: @OP+1qWzHfps

St. Louis WFA 2/6/24 Layoff Thread

Lots of chatter lately, online and in the workplace, that the grim reaper might be visiting St. Louis today with pink slips in hand. I thought it would be a good idea to have a thread dedicated to this location. As the day unfolds, please post... — read more 

Here's yer sign?

I am still 100% remote because I do not live near an office option. I received no merit increase. I know of another who also doesn't fit the R.T.O model and received no merit. I can't help seeing this as a sign I will be getting walking papers. My... — read more 

Core Markets Location Strategy...

Functions across company are implementing location strategy. Consolidating employees in core markets by 2027. First wave: August 2024 Second wave: Q3 2025 Third wave: 2026 People in non-core markets: market-based exception, relocation (company... — read more 

PSA to the id--ts in the office

Use your headset so we don’t have to hear your teams alerts going off all the time and your meetings on speaker If you need to take a long personal call use a phone room or stairwell For flex cubers, don’t leave your personal belongings... — read more 

Delaney

Anyone have John Delaney coming to their site this month?

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| 2438 views | | 9 replies (last February 7, 2024)
Post ID: @OP+1qVybR7W

Corporate Risk

Watch out for Tuesday if you fall under the corporate risk umbrella. Big cuts are headed that way including low level managers.

What's my moral obligation to this place

They've given me a 1% wage increase every year for like the last 4 years. Inflation has been much higher than that. To me that's a clear signal that they don't value me any longer, my area has about 80% Indians now. Do i have a moral obligation in... — read more 

2024 pto and carryover from2023

I have 5 days from 2023. If I take pto now in 2024, will the system use the 2023 carryover first? I did not see mechanism to specify 2023 carryover when I submit. Can someone help?

New Beginning's $0.63 cents raise.

I received a meets and got a $0.63 cents raise for 2024 which comes out to $1,310.40 extra a year. I know a lot of people are looking forward to leaving Wells as I am really looking forward to it as well. But I will holdout until I receive a... — read more 

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| 1430 views | | 6 replies (last February 6, 2024)
Post ID: @OP+1qU65aT6

BoA CEO TAKES 3% PAY CUT WHILE WFC CEO GETS 18% RAISE! So, the BoA CEO TAKES 3% PAYCUT, WHILE #WFC CEO GETS 18% RAISE!

EXTRA EXTRA!! BoA CEO TAKES 3% PAY CUT WHILE WFC CEO GETS 18% RAISE! So, the BoA CEO TAKES 3% PAYCUT, WHILE #WFC CEO GETS 18% RAISE! How and why is this possible. What has WF’s CEO done to justify this raise. Seems the senile BOD is doubling down on... — read more 

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| 1180 views | | 6 replies (last February 5, 2024)
Post ID: @OP+1qUfuDDK

Leaving

I am leaving in the next few weeks. Can someone help, besides letting my boss know, what all is needed. Formally and informally. Who tells me how many weeks I work till actual departure? Who lets me know how many days accrued vac will be paid and... — read more 

What are the chances of survival?

Being put on a PIP. Wondering in this environment if it’s even possible to survive one. Also, how long is an employee typically on a PIP before they are axed or back to green?

The tyranny of the yellow status

So how long before they start running the numbers on MS Teams to see how long you are in yellow? But isn’t it worse to be green all the time? That means you are always available- ie Not busy ever. I think I’m developing a twitch because I have to tap... — read more 

Second guessing decision to leave…

Left the “firm” in September and have never second guessed my decision until I woke up this morning and realized it was bonus time at WF and I walked away leaving 10’s of thousands of dollars on the table that would be in my bank account right now... — read more 

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| 1580 views | | 6 replies (last February 3, 2024)
Post ID: @OP+1qTUTaWJ

RTO

I'm within commutable distance to a specialty market, when will I be forced to return to office? I've been 100% remote for 5yrs.

Bonus season at Wells Fargo

My boss arrived at work today in his brand new Ferrari Spider. I said “Wow! That is an amazing car!” He replied “If you work hard, execute on your goals, and strive for excellence - I’ll get another one next year.”

At least we are not elder abusers /s

Wells Fargo Gets Elder Abuse Suit Dismissed, For Now A California federal judge on Thursday dismissed a lawsuit accusing Wells Fargo of facilitating a financial scam against a senior, saying that while the bank's employees should have known... — read more 

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| 870 views | | 2 replies (last February 3, 2024)
Post ID: @OP+1qTdjDp3

McKinsey running this bank right now!

It’s really obvious that McKinsey is running this bank right now. Charlie is not doing anything. Oh my God, can I get that 30 million?! Thank God, they got that billion dollars for the severance! Byeeee!!!!

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| 997 views | | 5 replies (last February 5, 2024)
Post ID: @OP+1qTEE2Es

Debating leaving next week

Should have left years ago, but like many here just got comfortable. My pay increase the last 4 years has been 1% per yr, and i would say inflation over that time where i live is about 25% for rent/food/medical. I feel extremely abused here and... — read more 

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| 1410 views | | 8 replies (last February 4, 2024)
Post ID: @OP+1qTihGmm

PIAM

What is this new PIAM software?

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| 1210 views | | 2 replies (last February 3, 2024)
Post ID: @OP+1qTdZa4V

How many layoffs saved today?

How many gave their notice today after bonuses hit their account? I did! I'm hopeful I saved someone who wanted to keep their job. And I apologize if I kept anyone from a severance package. I know this is not an airport, but am excited to be... — read more 

Severance if not RTO

can wells deny severance if they let you go for not following rto guidelines? anyone have this happen to them?

We did it …

Collected the 401k match, now collected bonus. Sharts least favorite days is paying it out to us. Congrats to everyone with a larger wallet today.

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| 1030 views | | 4 replies (last February 3, 2024)
Post ID: @OP+1qSNFIHp

Severance started...

New to this wonderful world of being laid off by wf. Although I'm enjoying the staycation...it would be nice to get my severance. For those of you that have been laid off...when did the severance pay start after the initial 2 months was over? Was... — read more 

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| 1999 views | | 9 replies (last February 3, 2024)
Post ID: @OP+1qSzwdVT

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