Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Low level manager influence on layoff candidates

Anyone think their manager has been holding worker(s) back from layoff for their own benefit? Either to keep their number of direct reports at magic number 7 or because that individual's work history can help fill knowledge gaps for offshore/new... — read more 

Why not return to office???

15 years ago Wells Fargo had very few remote jobs. COVID hit and everyone was sent home. Now kids been back to school. Adults have filled trains, planes, bars, gyms, malls and movie theaters but for some reason You are so entitled that you cannot... — read more 

Severance lump sum

Anyone with experience getting a lump sum for severance? How would one calculate what that amount would be? Do the just take your gross pay for X amount of weeks? Taxes? 401k loans? Etc I’m expecting the ax soon and am wondering how I could ballpark... — read more 

Prediction-SVB will be CEO of ING in 2 years

Prediction- SVB is being groomed for the CEO job but will take the job at ING so he can move home. SP will leave because he realizes he’s not on the short list. Who will be left at Wells? Hmmmmm.

Can I offer you an egg in this trying time?

Tips: 4th of July cookout and summer travel Reminder that our raises likely didn't keep up with the food price increases they listed, but enjoy a meal of eggs. Or maybe go on a cruise or Europe if you can't afford the potato chip increase?

WF does not truly believe in DEI

Nor do any companies that outsource to India. Read up people..the caste system still exists in India... I want to see WF or other companies that outsource to India to show they are hiring outside of the higher castes and proving real opportunities... — read more 

50 years of commitment!

https://www.wfmz.com/news/area/lehighvalley/wells-fargo-bank-employee-celebrates-50-years-on-the-job-reflects-on-changes-in-the/article_ac9cfd88-15cb-11ee-9ab0-672612fc8d95.html All you whiners on here should model after this employee. Get back to... — read more 

$200 million so everyone can RTO to co-locate

Wells Fargo plans to invest upwards of $200 million into two uptown Charlotte office towers that will eventually house its East Coast headquarters. So I guess the Duke energy guys are working remotely.

TK’s AMA

Way too early to attend, so I caught the replay. What the he|| was that? Malibu Stacy has no idea what’s going on under her. Leo doesn’t get credit for WAP migration. Migration happened despite him. Not aware of any significant changes to... — read more 

Oh, the irony!

Sitting here under code red air quality in Charlotte, and I read that one of the things I can do to help is to limit driving. Yet Wells Fargo, in all its ESG greatness, demands that I drive into the office, further contributing to our polluted skies. — read more 

Limiting internal applications to 5 active.

Well this is probably a good idea but I wonder if the firm looked into why so many internal applicants are applying to many open roles.... Maybe if HR and managers was more engaged with these applicants... Also the massive layoffs cause panic and... — read more 

Brown nosers

Sycophantic smiles, Brown nose bends low, seeking praise, Integrity fades

Get rid of regional sales consultants

Now that Charlie has axed mortgage to the ground how about getting rid of some of these worthless positions? RegionL sales consultants do absolutely nothing. Ours works remote and is never in the office and never available. She travels around... — read more 

Changes for remote only employees in August?

I've heard that changes are coming l coming for remote only employees in August, but no one has details. Has anyone heard specifics? Are we being forced to drive 2 hours to the nearest office, or are we just getting the ax?

Affects of outsourcing!

They've outsourced a lot of the primary work to Hyderabad and Bangalore. The outcome is total shitshow. Offshore guys have no idea what they are doing most days. We have meetings every day on what went wrong, and how we can improve more and what... — read more 

Minimum Thresholds?

PTO counts as in office days for RTO but "minimum thresholds apply", what does that even mean?

Mid year tip

If your manager tries to give you an inconsistently meets especially at mid year, ask for specific action items they expect to see by year end. Granted, with the new way we do performance it’s literally a week between mid year and year end. Your... — read more 

Why are they trying to make RTO worse and worse?

First they converted most offices to flex cubes, now they are ‘consolidating’ and closing the most convenient locations in many cities so now ppl need to commute even longer into the city and pay for parking etc….no pay raise of course to cover the... — read more 

Mortgage processors are the worst

So now that Charlie axed off everyone that did not live near Charlotte we are left with the worst processing ever. It is a losing battle. Sales hates it. Customers hate it. Realtors and builders hate it. Why Charlie?????? We were the nations... — read more 

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