I hope it's not true, but I've heard there might be some smaller cuts next week. Is this true? Is there a way to find out where?
Mortgage employees' future amid low home sales
Very few people are selling or buying homes in 7% plus interest rates. Do you see something on horizon for Home Lending Employees, both Business and Tech?
Now that N8 is gone…..
What’s next? The Control org is a mess and the employees don’t contribute and have limited control accountability. 75% of these employees need to be realigned to business functions. The remaining 25% can do RCSA and standard monitoring and reporting... — read more
Can you spot a fake review?
Scan the posts and find a fake review or two - share with the rest of us: https://www.glassdoor.com/Reviews/Wells-Fargo-Reviews-E8876.htm
WFH - A Generational Divide
Source below... Generational divides on WFH: Workers >55 prefer to work remotely ~35% of the time; workers in early 20s prefer WFH ~45% of the time; workers in their 30s/40s prefer WFH 50%. In other words, Gen Xers have become the unlikely warriors... — read more
Any longtimers find roles outside WF
I am a 25-year employee- never worked anywhere else post-college. I am tired of the drama here and want to get out but the thought of starting over and losing 25 years is a little daunting. Any success stories? Or anyone leave and wish they hadn’t? — read more
Come on guys. There’s a lot more important problems than layoffs to worry about.
We have to provide food and shelter for the homeless, and oppose racial discrimination and promote civil rights, while also promoting equal rights for women. We have to encourage a return to traditional moral values. Most importantly, we have to... — read more
Paying for the goons at the top…
Wells Fargo is a Financial Services Company We make our money through selling financial products and services to our customers. That’s it. Serving our customers and providing high -quality products which best serve our customer’s needs is the... — read more
New People Search
Look up the CEO on the old people search and it shows 264k employees. On the new one there's just 242k. Does the new one not count contractors or people that are displaced or what? 22k people is a big discrepancy.
We’re walking out. Join us.
We won’t do any work today. We’re not going in the office. They can’t fire us all. There’s power in numbers. You may feel like a number, but together - we can take a stand. Don’t badge in, don’t work, and they can’t get rid of us all. Bare... — read more
My message to our “leaders”.
Leadership is not throwing people under the bus. Leadership isn’t creating mindless bureaucracy. Leadership isn’t building empires to make yourself look important. Our CEO is a sociopath. And our once great bank is slowly rotting away. Please try... — read more
I wonder who C-Dawg is planning to harm today??
Which employees are on a list for the next round of layoffs? Which employee is, unknowingly, currently training their replacement? Which LOB is Charlie preparing to sell, d-mb-down, or “take a step back from”? Which customer is being sold a high fee... — read more
If you are good at your job you will be beaten down.
...by middle managers, jealous coworkers, non hub dwellers and the list goes on. Even HR. If you are a high performer who takes pride in your job, go elsewhere.
You're invited to ... Internal Career Mobility Week!
LMFAO I'm remote and outside the hub/spoke footprint and yet they're still pretending like I have a chance to get a new job via internal application. This fu----g place.
Have problems with Wells Fargo? Take a survey!
The Committee for Better Banks is working with Communication Workers of America to help Wells Fargo team members to unionize. We believe that Wells Fargo can be better, but that it cannot happen until there is more accountability to upper and middle... — read more
Where are the Wells Fargo employee surveys?
Do they even pretend to care what we think anymore?
What's the magic number?
Leadership has been saying for years that they will reduce headcount. At various times they've communicated estimates on the total % of staff that will be let go. Since it seems like death by a thousand cuts is the approach, it's difficult to track... — read more
Capitalism and you, the reason for your headaches
(Repost from an earlier comment) Capitalism has existed for a very long time. It is why things such as the manufacturing sector moving to Mexico/China/anywhere but the US happened. It's not like the sector wasn't able to expand...it just became... — read more
I have no transferable skills.
I have no transferable skills. In fact my skills deteriorated since I joined. My only saving Grace is that I have no family and can relocate but nobody wants to hire me since Wells took away not just my skills but my dignity.
Learning from our experience and applying it to your job search
Whether we rely on ChatGPT or not, learning from our hire/layoff experiences is key. While AI may not possess emotions, it can provide valuable insights to help us secure our next job and recover from the challenges faced at Wells. By leveraging AI... — read more
Wells Fargo 2023 hiring practices as corrupt as ever. Whistleblowers please step forward.
Unfortunately, this is cr-p is just as bad as before. The only difference is recruiters and hiring managers now are required to provide more documentation which they falsify when they want or need to. I have heard about if from both sides of the... — read more
Wells Fargo has the best jumbo mortgage rates, and it isn’t close.
JPMC is fairly close on purchase deals, but WF still about 0.125% lower in rate. Wells blows away BofA and Citi unless their clients have strong relationships with them. And Wells is MUCH much better on Refis, including cash out. Wells is still the... — read more
Did our Board unintentionally bring in a Psychopath?
Studies have placed the rate of psychopathy in the corporate world as anywhere between four and 21 times more prevalent than in the general population. ****Not only that, but CEO ranks as the profession which attracts more psychopaths than any... — read more
Please just lay me off.
Please just lay me off Chuckie.
Severance
WF is displacing folks to save money. But they are paying a severance. How is that saving money? Are they looking long term?
Binged on Below Deck Sailing Yacht over the long weekend…
Can we switch out Charlie for Captain Glenn??
Thank you WF for low pay and poor opportunities
Some of us out there might qualify for nice tax rebates when getting an EV. Thank you WF, thank you!
Wells is a terrible employer
I don't know if everyone needs to be constantly reminded about this, but Wells is a terrible employer that fosters an environment/culture of living in constant fear of layoffs, low morale, no ownership, and literally every undesirable aspect of a... — read more
US WF employees: India is NOT your friend
No amount of pleasantries, offers to “help” or “partner” or wishing me a Happy 4th of July will change my mind. India was brought on years ago to do laborious electronic tasks to ease the burden for the US. The tables are turning. If you haven’t... — read more
Any Director+ here?
I’ll admit, I’m overpaid. But I don’t know where else to go.
Good Bye NH
Spending more time with his family. Ok.
Cultivating a Culture of Organizational Citizenship: Fostering Engagement, Collaboration, and Growth
Organizational Citizenship Behavior (OCB) refers to discretionary behaviors exhibited by employees that go beyond their formal job responsibilities and contribute positively to the organization and its members. OCBs are voluntary actions that... — read more
Is it true that everyone gets a meets?
If that’s true, why go the extra mile?
We need the media to know.
The media needs to know the truth about chuckles and his reign of te---r. Employees - please share your stories with the media and here. What was the worst act of corruption you’ve seen here?
Wells Fargo is leaving nine floors on Independence Mall to consolidate offices on West Market Street
Wells Fargo announced to its Philadelphia employees on Friday afternoon that the company is consolidating its office space in the city on West Market Street. The company will leave its nine floors in the Philadelphia Plaza building at 101 N... — read more
$205,000,000,000 in unrealized losses across 4 major banks
Four US Banking Giants Now Have $205,000,000,000 in Unrealized Losses Sitting on Balance Sheets: Report https://dailyhodl.com/2023/07/03/four-us-banking-giants-now-have-205000000000-in-unrealized-losses-sitting-on-balance-sheets-report/ Bank of... — read more
Happy Fourth of July!
Today forget about Wells Fargo and its incompetent, corrupt senior management and fully enjoy your time with your friends and family! There will be more than enough days to stress over this place. Do yourselves a favor and forget it just for one day... — read more
Wello: Lipstick on a p!g
Has IHA learned nothing from WF's futile rebranding attempt? Reworking a name or logo doesn't magically erase incompetence. Both IHA and wello are centers of mediocrity, not excellence. Every set of files delivered this past week had numerous... — read more
Are all DBAs untouchables?
Just the laziest, angriest, spiteful, individuals. You can’t be called incompetent if you reject all change requests. Just watch your CHG rot as it floats down the Ganges
Duplicative work or work that doesn’t matter
Wondering how many others believe their work is duplicative or isn’t really necessary? If yes, wondering what type of work you’re doing (if comfortable to share at a high level)? Our group does front line quality and it IS duplicative and at the... — read more