What’s a fair base salary these days considering the revamp of the bonus structure?

Anyone see this announcement? HR really su-ks seeing that it has ALWAYS taken 2-3 months to hire someone. With all this outsourcing and layoffs it appears to me that someone decided to tamp down what we’re applying for in the US so they can lower... — read more 

Long story short, I was displaced recently because of offshoring (and yes, I did RTO 3 days a week too). Now I find out someone is opening up and attempting to open up credit cards in my name. My credit and ID theft monitoring company informed me... — read more 

Anyone have insights into the irm functions? Seeing a few good paying jobs on that team. Interesting since lending is on the decline but that doesn’t mean the risks disappear. Is it a new team?

What do you expect them to do, not take the jobs? Not better their life? Not make a living?

///Layoffs will continue as they have been and pickup./// ///After falling victim to Charlie's unoriginal strategy of offshoring American jobs, and H1b. The reason stated was my role was offshored to India & Philippines. It put alot into... — read more 

Had to call HR tech support as I could not access teamworks from home to see my payslip. The Indian guy that I waited on hold for 25 minutes could hardly speak English. He told me my employee ID number did not exist nor did my email. Basically I... — read more 

What's OK and what's not OK???

Layoffs coming to Risk & Controls and Tech in next 2 - 3 months... For tech it will be engineers and developers.. All thanks to the > 8,000 people they hired in India...

How can someone get a mid year raise? Are they possible in this day and age?

Since this is a layoff board, anyone know of potential layoffs this week? And I don’t mean, yes they happen every week but more about which groups?

Cheap labor doesn't mean qualified labor. Replacing great US based workers with someone cheap offshore will get this place exactly what they are paying for. Additionally, when there is no consequence for poor performance, and no reward for good... — read more 

For an organization that is supposed to be about governance, strategy, best practices etc. they are rolling out the most half baked and garbage solutions. Yes. Tech is affected.

Even ignoring the extreme difficulty in explaining the simplest of concepts or tasks, I feel legitimately depressed that my work is so unimportant to senior management and they just care about cutting costs. I'll probably be out of a job and the... — read more 

It's just a job It's just a job it's just a job

Who in CPG can tell us the real story of what is going on in the Duke Energy building in uptown. They originally told us floor 47 was flooded. Then floors 4-6 were opened and not on the same power grid. Then tonight they sent a message stating floors... — read more 

All of this verbiage is simply to make us cookie cutouts of one another and in the image of Charlie's prize example of the company where he really wants to be - Chase. Charlie has swiped right on Jamie Dimon one too many times. The love affair is... — read more 

Management is actively replacing higher-paid experienced employees with lower-waged employees. It’s an active plan and it’s happening across all divisions of the bank. (Not new, I know, but the pace has picked up and I’m watching it happen.)... — read more 

Does anyone know, they are closing Fremont and opening a new hub in San Jose, CA? Please share the location address. It would be nice, if they open one more in Tracy area.

I know my job is being offshored... My fellow colleagues have decided to Lose documents for the off shore folks.. Can't wait till they try to fix some of this when it breaks...

Compliance will take this bank down. When the layoffs ramp up, some laid off will spill the beans. It’s not pretty.

You leave when you are dissatisfied with the pay, the stress levels, the boss(es), your career prospects, or any combination thereof.

Love to see it!!

https://youtu.be/ZMYRvSKRv9o Ironically at the end he says it's satire, he-l no it's not, it's exactly what it's like working for this sh*t hole company.

Deutsche Bank -- Analyst Good morning. I want to follow up, Charlie, on some of your prepared remarks. You talked about there's still some things that you're implementing to address regulatory issues. And wondering if you could give a couple of... — read more 

Please use this thread to celebrate accomplishments of getting a Consistently Exceeds review. Congrats to all!

I don't want to be disrespectful. What is the difference between run rhe bank or change the bank? Who came up with this stuff?

It’s being reported that teams are requiring to lower the scores from meets to needs improvement. During calibration calls employees started with meets but were downgraded to needs improvements to meet a quota threshold issued by HR. Management can’t... — read more 

Everyone remember Saul's d-mb AZ-900 requirement? Pepperidge Farm remembers.

Has there been a mass exodus recently of depositors at WF? Other banks are clamoring for new depositors and offering interest rates of 4, 5+% while WF is paying 0.25%. Is this entirely because the asset cap is still in place, or does Charlie have a... — read more 

For anyone doubting how bad the layoffs will be, take a look at the latest earnings report: https://www08.wellsfargomedia.com/assets/pdf/about/investor-relations/earnings/second-quarter-2023-earnings-supplement.pdf Slide 11, under Home Lending... — read more 

was it just me or was Charlie very unprofessional? Especially at the end.

Results were as expected. Hopefully will be a nice boost to stock today. One interesting excerp from the results presentation on slide 9 about non interest expense being up from prior guidance due to higher severance expenses driven by lower than... — read more 

My manager and 2 others on our broader team have disabilities that they've shared a select few on the team. 2 of them require WFH (I won't out their medical reasons; def valid). Although medical accommodations were approved by HR, LOB leadership... — read more 

https://www.foxbusiness.com/economy/jpmorgan-chase-ceo-jamie-dimon-speaks-remote-work-real-flaws

If one has a remote exception (not medical), and you move within your market (still within 40 miles of a location) do you get to keep your remote exception?

Actual gen Xer here. I despise RTO with every fiber if my being. I really don't care what others think of it by generation. If you love driving to a building for no reason, go for it. It's inefficient horse S that makes me less effective because I'm... — read more 

Employees want to toil in the kitchen. Bosses want them back in the office No Pay Wall: https://archive.is/wArYk Original Source: https://www.economist.com/business/2023/07/10/the-fight-over-working-from-home-goes-global The fight over working... — read more 

I heard the entire US based compliance team was displaces abd replaced by off-shore. Is this true?