https://finance.yahoo.com/news/wells-fargo-real-estate-head-210059576.html

Any truth to chuckes wanting a standard 90 day severance package for all???

Would have been nice getting our 401k match quarterly as we could have taken advantage of this runup in stock prices. Thanks Chuckles the Clown

Especially the parts of being proud to work for Wells, Wells is a good place to work, and we are willing to put in a great deal to make Wells succeed. All those have tanked. Who would have thought sending jobs overseas, making people sit in an... — read more 

Barry looks like he's in a police station holding room waiting to be questioned.

Capitalism sure loves layoffs. If current WF stock price above 49 holds (or improves) until 401K match, that would svck. Because we all know we'd be gifted shares at a high and, when selling off in droves, it would be at a low (would be a loss of... — read more 

While I'm happy to see our stock price bearing $50, I'm a little bummed it couldn't stay low until after the 401k match

Here is my thing with the location/hub strategy and the displacements that have and will occur. Wells is an employment at will company which means they can do whatever they want within the limitations of law. The location strategy falls within that... — read more 

We are a small team with no two members working from the same city. Can’t collaborate with anyone even when I go to the office. Curious to know how management is taking RTO mandates?

Curious.

Anyone know information on successful pursuit of severance after being told your job is secure, you leave and the position is eliminated?

Hi, My name is Nupur Anand I am a journalist with Thomson Reuters, I cover Wells Fargo. I understand that the bank has been downsizing and I would want to learn more about the departments being affected and the processes involved. I completely... — read more 

Anyone in a non customer facing position has thier head in the sand or drinks way too much company Kool aid if they think there job won't be up for outsourcing at some point. Oh yes , let's all go to India and visa versa and we can share our... — read more 

Blown away at the lack of gender diversity in Mb leadership team. Wow.

https://www.dispatch.com/story/business/2023/12/12/wells-fargo-starts-hiring-350-workers-for-new-easton-center/71886844007/

If you don’t go in to your assigned location now, you better start Jan 1. If you switched assigned locations manually, switch it back immediately. This is a PSA

The US finance house is paying up to $1 billion in severance costs to trim its workforce. The bank is focusing on efficiency as it navigates a challenging economic environment. The US institution hasn't been doing too well in the press... — read more 

But clicking on the link shows nothing, (confused)

Just a few days till 12/15 when you secure what may be your last 401k match. Invest it wisely. 2024 gonna be nuts, the company is already downsizing but when you add economic hurdles onto it, many gonna be axed.

Long-term remote employees who weren't near hubs.

When will IRM begin to chip in with displacements? I keep hearing IRM risk people are somewhat protected, due to RCSA, MRA and consent order activities. Should I try and get a job within IRM to keep employed?

Just curious if anyone has heard anything in identity and access management as far as layoffs or any rumors ?? it’s been really quiett… do we have enough mix of Indians and US employees??

This has been going on for like 7-8 years. There is no clear indication of a timing on when all this will end. CS’s responses provided in various investor calls and media interviews suggest he doesn’t know either and that it will at least take... — read more 

S hair is white WF doesnt have a stagecoach Tech is affected. Discuss...

Quick question…if you are informed that you are being impacted are you given the option to relocate or do they just lay you off.

https://www.reuters.com/business/finance/goldman-sachs-hires-wells-fargo-executive-lead-transaction-banking-2023-12-11/

To meet expectations, you either increase revenue or cut expenses. There is no other option. Growing revenue requires the cap to be removed. Charlie is wholly (and obviously) incapable of doing that. So Charlie's ONLY play is to cut. That is why he... — read more 

More Wells Fargo execs follow Kowach to startup David Kowach’s new firm, &Partners, continues to add management talent from his former employer, Wells Fargo & Co., where he was head of the brokerage group until 2019... — read more 

Think any layoffs tomorrow? Remember it’s a non pay week and Tuesday. Does the chainsaw have any gas left?

??

https://finance.yahoo.com/news/goldman-sachs-hires-wells-fargo-170357246.html

Since the year freeze starts this Thursday what are your plans? As this time every year with the year end freeze we will probably be twirling our thumbs as there is not much work we can do.

Which you can practice at your cubes you wage slaves. Have fun RTOing su-kers. Chuckles

https://www.google.com/amp/s/www.cnbc.com/amp/2023/12/11/wells-fargo-mortgage-lenders-probed-over-racial-discrimination.html Wells Fargo received an official notice on problems with its use of mortgage rate discounts from the Consumer Financial... — read more 

Listening to news radio this morning on my drive into the office there was a brief segment talking about layoff notices with a quote from someone at WF about how they try to be compassionate about layoffs and this give ample notice to employees to... — read more 

Just curious, but would like to know as I have been putting off my new employer for a bit now, although they are cool with waiting.

With Wells/Charlie announcing $1BN of severance in Q4 and signalling to the investors that "efficiency" will be achieved with more costs cuts/layoffs, how does this backdrop impact the CIB Business ? I recently moved to this Business from another... — read more 

Ok idk why I’m asking here but I am. If I cash out my whole 401k will the company still do the annual match?

My boss continues to tell us that management watches our card swipes but my boss continues to come in only about half the time while the team comes in nearly all of the time. What gives?

Will Jamie's protege ever stop with the layoffs?