Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Don't buy into hustle culture

Been a quiet quitter my whole career if that means setting boundaries, putting my well-being and time first and recognizing I’m an expense to be managed by executives in finance. Work is a business arrangement-as long as I add value to the company... — read more 

Anything new happening with mortgage?

The new comp plan is out in Oct I think? Wonder if it’s gonna be a big change? Is Charlie gonna try to axe all the big bankers in big markets that make north of $1M each year?

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| 1192 views | | 6 replies (last September 6, 2023)
Post ID: @OP+1os6WoJ4

CEO of year award

Charlie has done such a great job turning around Wells Fargo, fixing issues, reducing headcount and driving efficiencies, he should get CEO of the Year Award. He's cut so much fat and dead wood there that takes courage and foresight.

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| 1164 views | | 11 replies (last September 5, 2023)
Post ID: @OP+1orLiy9Q

General wondering

Question. If Wells Fargo are laying off remote workers outside of hubs. Myself being one of them) then why so many job postings offering remote work ? I was told displaced due to location. And no I was not quit quiting. I gave this company my... — read more 

Impact of AI on average WF worker

When will the average office worker at WF have access to AI tools to be more productive? I see lots of cool new tools and capabilities out there, but as usual, WF will be slow to adopt them. Does anyone have insights on the timetable for rolling some... — read more 

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| 791 views | | 4 replies (last September 4, 2023)
Post ID: @OP+1oqRx0pf

St Louis so called managers are a joke

It’s mind boggling how so many uneducated, clueless, just plain stupid check cashiers hold their positions. It’s just shameful how these losers are running operations. It’s really pathetic! Low class people with no skills!!!!

Disgraced Wells Fargo exec Carrie Tolstedt faces a year in prison over bogus accounts scandal as prosecutors urge judge to send corporate crooks

Disgraced Wells Fargo exec Carrie Tolstedt faces a year in prison over bogus accounts scandal as prosecutors urge judge to send corporate crooks 'a clear message.' Former Wells Fargo exec Carrie L. Tolstedt faces sentencing on September 15 ... — read more 

Who is actually steering this fiasco??

Who is ultimately behind the direction the bank is being taken? Is it Charlie? Is it the Chairman of the Board? The Board? Is it regulators? If it’s Charlie - it’s concerning, at best, that a Top 5 Bank is being driven to mediocrity by the only... — read more 

What happened to Tech RTO forthcoming guidelines?

Tali’s email said that additional guidance would be sent, but I’ve seen nothing and my manager hasn’t received anything either. Product teams were apparently going to be forced to go in on specific days so we could all “collaborate” in person (aka... — read more 

Why not just lay us all off?

Doesn’t seem like there’s much interest in actually growing the business anyway. I’d rather have the certainty of severance than the mindf&$k of working here wondering if or when it’s my time. I spoke with an old boss who is in a completely... — read more 

RTO - Parking is very expensive

I am ok with RTO - but the parking is very expensive almost $90 p.m. Is parking so expensive? This is not SF or NY or similar big city downtown.

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| 1672 views | | 16 replies (last September 4, 2023)
Post ID: @OP+1opOV4wH

AI and WFH

https://www.msn.com/en-us/money/careers/it-will-be-easier-to-replace-fully-remote-jobs-with-ai-a-leading-wfh-expert-says/ar-AA1g6kv6?ocid=hpmsn&cvid=7cb94742b0ef47e9adae2d4484bb3000&ei=8

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| 881 views | | 4 replies (last September 2, 2023)
Post ID: @OP+1oo4aj8A

WF needs 360° performance reviews

Until performance of mgrs is based on how well they manage DOWN as well as up, this place is a joke. It says a lot about WF that the CEO and mgrs disregard staff. Destined to fail.

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| 902 views | | 6 replies (last September 2, 2023)
Post ID: @OP+1ooh8khe

Non Hubs

I've have viewed posts speculating on certain locations such as Glen Allen, Virginia. Has there been any information around Concord California or Las Vegas locations?

401k loans after displacement

so i'll start by saying i know a 401k loan isn't a wise decision but circumstances couldn't be helped. i'm on a team that is about 95% certain we are being displaced - they are sending our work to India. does anyone know how the 401k loan goes w/... — read more 

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| 1491 views | | 7 replies (last September 2, 2023)
Post ID: @OP+1oocLXpQ

Decoding Charlie: What he says vs what he means

“I have the privilege to serve as the CEO and President of Wells Fargo” TRUTH: I am going to make everyone at Wells Fargo pay the price for my disappointment in not succeeding Jamie Dimon. “I look forward to sharing with you the many ways in... — read more 

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| 982 views | | 8 replies (last September 1, 2023)
Post ID: @OP+1oovvLLz

Dear I heard Tech is Affected

Dear I heard Tech is Affected, Your recurring comment "I heard tech is affected" has not gone unnoticed. While humor and banter can be welcome in many spaces, it's crucial to recognize when a joke has run its course, especially on a professional... — read more 

Internal job posting

Has anyone had any experience posting for an internal position prior to being in your current position for the required 12 months. I’m thinking about asking my manager for approval to post out but I’ve only been in this job for 10 months. I wouldn’t... — read more 

Oregon layoffs from last week

https://katu.com/renderer/katu/amp/news/local/wells-fargo-to-lay-off-316-washington-county-based-workers-starting-in-october

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| 1451 views | | 8 replies (last September 1, 2023)
Post ID: @OP+1onP2knR

Watch The Big Short on Netflix

Good movie. Also a great reminder to never underestimate the greed, hubris, ignorance, incompetence and dishonesty of Big Bank executives.

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| 895 views | | 6 replies (last September 1, 2023)
Post ID: @OP+1on4IX2U

Quiet Cutting

https://www.msn.com/en-us/money/companies/companies-are-now-quiet-cutting-employees/ar-AA1fXlyY?ocid=hpmsn&cvid=31e137c8f9bb4c85844e11d1e30d3406&ei=9

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| 1413 views | | 6 replies (last September 2, 2023)
Post ID: @OP+1onc9RlD

Remote working not gonna last

I sit near a manager in an open air environment. He is continually telling employees who had remote working contracts prior to Covid that those contracts will no longer be honored. If you are remote working with Wells Fargo, I will probably come to... — read more 

Question about the number of offshored jobs….

Does anyone have any ideas as to how I could determine the total number of Wells Fargo jobs which are currently offshored to India and the Philippines? Are those the 2 primary locations? And are all offshore workers “Wells Fargo employees”, or are... — read more 

IT&V

I am considering taking a new role with a Corporate Risk team called IT&V. Is leadership strong? Is it safe?

Core Market and Key Specialty Market Locations

In past AMAs these core Market and key specialty market terms keep coming up. I wish they could have a list of these markets instead of keeping it hush hush and broadly referring to them. Me, I'd like to know if my location is not one so I can plan... — read more 

Instead of posting on this board, try this?

Many of you are rightfully frustrated and demoralized. You work for a company that is laying off people right and left and sending jobs overseas while announcing $30 BILLION dollar stock buybacks. They don't care about you one bit. You're a headcount... — read more 

EffCSandWF

Anyone else quit Wells Fargo and get a letter on the mail from cobra saying they were “terminated?” It’s a good thing I never intend on going back to Wells Fargo, ever. They’re really petty for that one. You didn’t fire me I quit! Wth?! — read more 

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| 951 views | | 6 replies (last September 1, 2023)
Post ID: @OP+1onMVvZH

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