Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Relocation required?

Can anyone share their experience with accepting a position that required relocation as part of their offer and when you had to relocate? I’m considering a position that would require relo and I will not end up relocating. Just wondering how long... — read more 

Merchant Services Layoffs

Wells Fargo slashed it’s Merchant Services Sales team by 60%. Glad to be pushed off that sinking ship. I’ll take the severance pay and look forward to my next move!

Job offer

Does recruiter or hiring mgr typically set up call to extend offer? What is duration of scheduled call?

Emails

Does anyone at Wells Fargo know how to write a clear and concise email that has no ambiguity? This is what I miss most from my old firm. Everyone knew how to write short, simple, and complete emails that made sense. Everyone here is either paid... — read more 

Commercial Banking Layoffs

Anyone heard when MMB layoffs will occur for the front office credit teams? I thought I heard it was going to be this week but Tuesday seemed to be the centralized teams instead.

Take Them Back

Can y’all please take back all your failed “leaders” that y’all pushed out? Those no talent a-s clowns have invaded USAA and they suuuuuucccccckkkkkk dirty bootyholes. They are completely destroying the company in record time. I’ve never seen a... — read more 

zz'd then not zz'd

Someone reached out to me because the person they tried to contact about a problem was now zz'd. I looked and sure enough she was zz'd. But she was also green on Teams which seemed odd - but thought maybe this just happened and she was finishing the... — read more 

Story on layoffs

Hi there, My name's Yowei Shaw and I'm a journalist working on a story for the podcast This American Life (www.thisamericanlife.org) about layoffs, after getting laid off myself from NPR... — read more 

Are other departments allowed to call India??

It’s beyond belief, but we are not allowed to call them - don’t even have a phone #. I’m in an area where certain work is time sensitive and involves a lot of money. We are also working with archaic systems that haven’t kept up with industry... — read more 

Teams never works

This system is in the top 5 worst decisions within the last few years. Why won’t it work???????????

RCSA: Is this where our careers will go to die?

Back in June, Santomassimo said that, "as attrition has slowed down, there could be some onetime expenses by the end of the year in terms of severance." A lot of RCSA efforts will be finished by EOY. Will those of us working on RCSA be targets of... — read more 

Mortgage HUBS

Are there any plans to close any of the mortgage hubs as it relates to sales and HMC'S part of that?I know the one I am closest to, barely anyone goes there, maybe 1 or 2 at the most. This location was made HUB last year and I know there are still... — read more 

Charlie Scharf "Efficiency" Investigation Follow-Up

For everyone who took the time to air their grievances under my last post, please reach out! I can offer you full anonymity and ensure that only quotes you feel comfortable with are published. Media coverage is the best way to ensure that your... — read more 

Wells Fargo Hub Strategy

Do you think Wells will start the Hub location strategy again? I’ve noticed a lot of layoffs in areas that are not in their prime locations. I am not in a hub location technically but there are major corporate offices in my city. The Hub... — read more 

Bank of America fake accounts

Will they get an asset cap, or is it only Wells Fargo? https://www.consumerfinance.gov/about-us/newsroom/bank-of-america-for-illegally-charging-junk-fees-withholding-credit-card-rewards-opening-fake-accounts/

I don't buy layoff reports

Nobody is being laid off today to my knowledge. I don't know why some of you are trying to stir up trouble.

B of A - Welcome to the Thunderdome

Hopefully this will help the WF bashing in the media/government to be redirected for a while. https://apnews.com/article/bank-america-fees-customer-account-56fa8400ab01a15ec75a372561a3d851

Charlie Scharf "Efficiency" Investigation

I'm a journalist at Bank Automation News currently looking into Wells Fargo. Specifically, I'm interested in Charlie Scharf's push for so-called "efficiency" and its results across multiple parts of the business, including layoffs and rushed... — read more 

July 11 Layoff Thread

Consumer direct, tech, mortgage, possibly other groups in the crosshairs. Please post here if you or someone you know is impacted and share details if you can. Good luck everyone. Whether you want a severance or to stay, I hope you get it!

Bye Bye Wells Fargo

Bye Wells Fargo. You are the sh&ttiest place to have ever worked. I loved my job and you chose to ax me just because I did not live near one of your hubs. I was good enough to have worked for you for 30 years. Whomever came up with this whole... — read more 

The WF way....

Is playing the victim and being "offended" by someone that is knocking it out of the park, escaping it up the chain to their manager so that the finger gets pointed at them. Takes the onus off you and you malign the person good at their job. Bonus if... — read more 

Admire this woman!!

FORTUNE I work at a Wells Fargo call center. Here’s why people like me can save America’s banking system BY DEBBIE WARREN July 10, 2023 at 9:31 AM CDT Debbie Warren is a Wells Fargo call center worker out of Beaverton, Oregon. COURTESY OF... — read more 

Talking about WFH exceptions, how does one get one?

Talking about WFH exceptions, how does one get one? Is chronic anxiety/ panic attacks issues (documented and medicated) - a good enough reason to request WFH? What would the process look like? TIA relatively new to the corporate world and trying to... — read more 

Why so many WFH exceptions?

If you make a ruling and don't apply it equally, why are you surprised when minions revolt? I'm not talking about those w/medical accommodations or those outside of 40-mile radius. I'm talking about entire teams who received special permission to... — read more 

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