Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Wiseman Campus

Anybody know anything about the Wiseman campus? They have been renovating. I also read an article that said they are reducing their footprint in San Antonio. Wondering if they are planning to shut this campus down?

Who's dreading stack ranking EOY review?

They should call it stank ranking, bc mgrs shove good performers into Needs Improvement (2) so they can give their brown-nosing favorites Exceeds (4).

Severance being reduced?

Any word on severance being reduced to one week per year of service? Benefits book still shows two weeks per year of service but people are talking about changes being made. Does anyone know for sure if/when this will happen? This is the first time... — read more 

Profit sharing??

What ever happened to the 401k profit sharing? For years it was down to 1% but the last couple years has been nothing, even with great company profits. I can’t even find it referenced in the benefits book anymore…

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| 2200 views | | 9 replies (last December 21, 2023)
Post ID: @OP+1q9PxlCM

Not worth a Thank You

We're just worth a thanks. Chainsaw doesn't have the decency to thank us for our hard work according to the corporate communication this morning.

Let’s play survivor

Survival of the fittest. Let’s play folks! Who can hold out until February 2? Who loves their jobs? It is truly unfortunate that we are all in this position. It is unfortunate that we do not have executives that appreciate their underlings. Best... — read more 

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| 1517 views | | 7 replies (last December 20, 2023)
Post ID: @OP+1q9dspdV

RTO - no reason

I live within 4 miles of the office and I drive to work. If someone lives within that range there should be no reason not to come into the office. We are required to be in 4 days when January arrives. Heck, many weeks I have been in 5 days. No big... — read more 

Another DE&I Exec bites the dust

The last LOB DE&I person seems to be zz'd. Wow ole Kristy is doing such a great job that she keeps making job openings! Lisa R was the last and best of the DE&I execs. Three LOB leaders moved under DSRI in three months and now they are all gone. ... — read more 

Government involvement

Why hasn’t the government had more conversation on banks moving US jobs to India and the troves of layoffs? We need more conversations on what banks are doing to their employees. The last Senate meeting for the most part only focused on basal. .. — read more 

WFH rest of year

Heard this morning that Citi is allowing their employees to work remote the rest of the year. Would be nice if they did that hear.

Being laid off would be a kindness at this point

Overworked doesn't even begin to cover the state I and my entire team are in right now. If the hope is to get us to the point where we will be completely burnt out and quit, I hate to say it but it's working. I'm dreading Monday so much that I'm now... — read more 

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| 1580 views | | 6 replies (last December 21, 2023)
Post ID: @OP+1q8nTbPy

Failed banks

Back in the summer, I bought boatloads of stock of the 3 failed banks, first republic, silicon and synchrony for cents per share. Now are are on the way up, and if things pan out favorably, I will have enough to retire. Kind of ironical I am banking(... — read more 

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| 1771 views | | 9 replies (last December 18, 2023)
Post ID: @OP+1q7JLKqI

Christmas layoffs

What are the chances of cuts next week? As a special Christmas gift from Charlie to all of us.

Managers Incented To Get Employees To Quit

Are managers getting any type of incentive to get employees to quit? I had a manager tell me to quit and find somewhere else to work. It really felt like they really wanted me to get off their team. The tone was nasty and seemed personal. It wasn't... — read more 

Voluntary severance

This should absolutely be on the table. I am not in the camp of dying for a package. I want to stay and continue my work, but I know several colleagues with very different feelings. They are excited by the prospect and hanging on to see if they can... — read more 

another reminder to TAKE YOUR MONEY OUT OF WF

Literally DOZENS of better options, higher rate accounts to put your hard-earned money into. Let your MONEY do the talking, stop with the whining on this board which gets nothing accomplished. MOVE YOUR MONEY OUT!!! I did, it's super easy and... — read more 

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| 1517 views | | 9 replies (last December 17, 2023)
Post ID: @OP+1q6ZtnsQ

Tech going to be HP

Wondering if anyone knows how much of tech will be run by HP ultimately?. Many positions eliminated and are now Contract roles oitsourced from HP.

Audit, where are you?

Audit was supposed to be monitoring front line risk work. What happened? Asleep at the wheel? No doubt this asset cap is staying for the next decade. Sub-average auditors from Citi flocked over. Left behind a huge mess at Citi and now causing... — read more 

Charlie’s Top Ten Holiday Wish List

Eliminate severance packages, benefits and equal employment opportunities for all employees except the Senior Leader team. All employees to be Offshore and working for minimum wage. The OCC, the Federal Reserve, the Senate Banking... — read more 

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| 1273 views | | 6 replies (last December 16, 2023)
Post ID: @OP+1q6To6TI

This will be an ongoing thing

It bugs me that there will not be one major layoff round after which we will know we're safe. WFC will just continue doing what it has been doing this whole time - having continuous layoffs in different areas all the time. Job security is now a... — read more 

401k match eligible today

Hi, all, if you’re ready to quit, today’s a decent milestone day to do it. If you’re employed as of today, you’re eligible for the annual 401k match. Note that for those hired 2021 or later, there’s a vesting schedule for to be mindful of. Or, if you... — read more 

Christmas card from chuckles

Employees. Um I’m sad to see how many of you are on this distribution list. Um. This may be your last year at Wells Fargo as we try to increase efficiency across the bank. We have set aside 750 million for severance expenses and um your days may be... — read more 

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| 1590 views | | 9 replies (last December 29, 2023)
Post ID: @OP+1q56856v

Upcoming Layoffs

This Company will lay off current employees yet they have hired " Behavioral Experts " to come into branches with the DM and the like-to tell us where we are going wrong with Customer Service. You see if a customer gives the branch a bad NPS score... — read more 

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| 1800 views | | 3 replies (last December 15, 2023)
Post ID: @OP+1q5XwffD

Year end review/rating

Changed to a new team this year, manager obvious has favoritism in the team. I got meet in mid year review , but things has gone south since then, she hasn’t scheduled meeting for performance improvement or anything like that, seems just leaving me... — read more 

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| 2100 views | | 7 replies (last December 15, 2023)
Post ID: @OP+1q4FS787

Start going in

I recently happened to overhear a conversation between an HR executive and another executive in my office building. It was mentioned that if you are not assigned to a hub location, you will be among the first ones to be let go. Unfortunately, this... — read more 

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