This is the C suite throwing its hands in the air and saying "Fine, we give up. We hereby acknowledge that no matter how much money we spend, and no matter who we hire, we just can't figure out how to distribute and maintain...laptops." Sorryass... — read more 

Tracy Kerrins (Technology head - direct of CEO) in her town hall talked about “bumps” and having to “pause” to stabilize. These are also known as freezes that prevent almost all CHG work. We have had multiple unexpected freezes this year. Having... — read more 

I am a remote underwriter and not near a HUB. We are extremely slow and have no work-management had indicated no further layoffs- has anyone heard otherwise? Just not sure how to believe no further layoffs with barely any work- my entire team maybe... — read more 

Has anyone signed up for the additional MetLife coverage and filled out a Statement of Health? If so, do they also require a medical exam on top of that or is it rare

Wells Fargo Executives Expect Fed’s Growth Cap to Last Into 2025 How many ways can Charlie Scharf fail, and our Board will keep rewarding him with $24.5 Million per year? These F’ers are taking us all for a ride.

For those who missed it MK confirmed 4 days in the office for 2024 for "collaboration" that really works for those who are nowhere near their teams. I have no issue with being in the office but not everyones situation is the same and not allowing any... — read more 

So they let go of 11 managers . 5 from our Billings site 5 from South Carolina and 1 from Salt Lake. Should i be concerned about my job? They didnt give any managers notice. Just a mass email stating bye bye basically.

Down from 1 year ago Down from 5 years ago Down from 10 years ago The dividend su-ks since Charlie became CEO. The bank is under a Federal Asset Cap for nearly 6 years, with very little said about progress and no ETA. Ongoing banking violations... — read more 

Anyone who has been laid off did you have any clues it could happen ? Like any weird system emails or anything? TIA.

I have heard that the Head of Diverse Segments/Representation/Inclusion has a total team of over 120. Eliminate that group completely. Instant efficiency improvement. No need for tracking/monitoring/QC/Audit of plans, just eliminate it.

Let's hear your thoughts...

You see here they are willing to do anything to protect their position, not support the business.

With all the games being played on the employees; write ups, Year end write ups being erroneous, bonuses, inexperienced managers on power trips.

Wells Fargo & Co. has disclosed the planned closing of 12 more branches, none in North Carolina, according to its latest report to the U.S. Office of the Comptroller of the... — read more 

While WF does give a very decent bonus, like everything else they do, they somehow seem to almost HAVE TO throw a wrench in it somehow (as if they just can’t help themselves). So, instead of making the bonus check a separate off cycle check, as I... — read more 

Seems like a run of bad management these days. Is there any groups with good direction and support?

Such a slam to Wells Fargo, whose entire business model is built on taking advantage of their customers.

Look at how insane the health insurance costs are. Specifically the difference between lowest earners and highest as a portion of income. Honestly ridiculous, just charge us X% of our salary based on who we insure or plan we choose. It’ll make... — read more 

Customers at major U.S. banks including Bank of America and Wells Fargo complained about delays with their direct deposits on Monday, following a glitch with processing payments that began... — read more 

https://www.wsj.com/business/the-new-headache-for-bosses-employees-arent-quitting-edca96a3

"Wells Fargo’s reputation as one of the world’s great companies for integrity and principled performance depends on our doing the right thing, in the right way, and complying with the laws, rules and regulations that govern our business. We earn... — read more 

Can we take our 3 hours tomorrow and go and vote? 😀😃

I stopped over at Charlie's corner and was told if we all want a good chance of internal employment before we get the ax we should all just apply for every single job on Teamworks. It would keep HR very busy! Thanks Charlie!

minus the talent and likeability.

Citigroup CEO's "Project Bora Bora" Overhaul Could Result In Deep Job Cuts

Supposedly there was around 100 people let go in IT&V, but I haven’t seen it here. Anyone affected?

So finally got hit with a displacement with a final day in 2024. Question is, do I get paid or for any 2023 PTO over the annual carryover limit? Not getting straight answers from HR and I have +100 hours left. Please no conjecture, this... — read more 

Notice how survey doesn't include morale-related questions anymore? It's because all your friends are beIng LAID OFF. Five best colleagues let go in the past 3 weeks. And, yes, I know no one cares, because it's all part of the soul-crushing... — read more 

SVB wrote a novel each week and gave good insight into what he was actually doing, like meeting with the board, with OC, other partners, important risk committee things, etc. Looking back, was actually nice. Now we get nothing from TK. What does she... — read more 

Looks like Chainsaw Frazier at the near failed Citi is looking to overthrow Shart as the banking cut chopper. Do you think Shart will let this happen or will he up his cuts to stay ahead of Frazier? For those confused just google Frazier citi job... — read more 

Any ideas on what'll be hit this week?

Does anyone know. My manager says it's a working day

Does anyone else have a dotted line reporting structure? Presently, I find myself having to handle the incompetence of two individuals instead of just one. The existence of dotted line reporting seems utterly nonsensical. It brings to mind the... — read more 

Any suggestions - Lawyer names ? Internal reporting has not helped even after escalating. Perhaps I should have known that never works.

What are we hearing on the yearly increase this year? Seriously question… a--hat hat answers can post somewhere else….

In a regulatory filing Oct. 31, Wells Fargo revealed that it was once again under investigation, this time by the Securities and Exchange Commission (SEC). The investigation relates to advisory account cash sweep options, according to the... — read more 

I'd heard rumors of this happening in other lines of business, but it still shocked me a bit. We've been told that we're not replacing them directly, but any spots from layoffs or people leaving should be filled by our offshore teams. How are we... — read more 

Profits above reputation Profits above common decency Profits above effective leadership Profits above common sense Profits above it’s Mission Statement Profits above longer-term success Profits above a healthy culture Profits above credibility... — read more 

They are closing sites and jamming people in the office while they make the change to 5 days/week. The thing is, it is 5 days in/5 days WFH. A week in, then a week out. This allows them to effectively double the amount of people that report to a... — read more