Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Diversity, EQUITY, and Inclusion - Justice?

I embrace a diverse workplace that hires for MERIT and EXPERIENCE from a broad base of talent from throughout the U.S. I also believe that it should reflect the U.S. demographics as long as those hire meet the criteria of MERIT and EXPERINCE. With... — read more 

Shoreview

Occ auditing lockbox next week at Shoreview. Hoping to get the ax

Campus amenity enjoyed from home

Zesty Ranch Loaded Tots with Orange Fanta Glaze 1 28 ounce bag tater tots 7 strips bacon 2 cups cheddar cheese shredded 1 packet ranch seasoning 2 cups Orange Fanta Follow directions on the tater tot package and pre-heat oven (usually... — read more 

It all makes sense now.

I'm currently on a phone call from my 4-up manager that should have been an email. This manager has spent 8 minutes telling us someone is leaving the "firm" (this term was repeatedly mentioned to try and cement its status in our psyche) and then... — read more 

Wells Fargo Employee Count (Dec 31 2022)

I will leave this here for us so we can come back next year and see how our employee counts changed... From the 10K: At December 31, 2022, we had approximately 238,000 active employees, with approximately 81% of... — read more 

Another empty threat exposed

Well, 6/1 came and went and no increase in RTO compliance. Come on Chuckie, do something about it you little b!tc# 😏

Makes no sense

2 or 3 days a week in an office is useless. Either make it 5 days a week in the office with up to x weeks of remote or make it full time remote. When an office requires 2 days a week in an office, you get none of the alleged benefits of in person... — read more 

WFC US Tech jobs

They have a bunch of Indians work during US regular hours now. WFC US is bare bones now. And hearing that they would want to cut more US staff. Not much is left. But it looks like India guys will be primary and SMEs on almost everything. Good luck... — read more 

WFH Question

There's a growing consensus that most people like having an office to go to (more social, separated from kids/partners, etc.) but hate to commute. As a thought experiment, people should ask themselves: if I could walk 5 min to my office, would I... — read more 

Why keep climbing?

I’m at this interesting place in my career where…I’m good where I am? The compensation and work responsibilities are at optimal levels. However, conventional corporate culture says I should keep striving for promotion and seek out stretch... — read more 

Internal Audit Imploding?

Has anyone else noticed that the audit organization is falling apart? I’m in the technology audit team and it seems like we are losing multiple people and leaders each week and they are not backfilling the roles. How is this okay?

Id--ts everywhere...well in leadership

It is astounding to me the level of incompetence and idiocy that is allowed to be in positions of power and authority here. When I tell you they have NO clue and don't want to have a clue. The decisions based on feelings and thoughts vs information... — read more 

I hate this place

It’s so toxic in every way and it’s getting worse. Is it sad I reminisce about working in branch banking in the Tolstedt era? God that was horrible, but this is so much worse. I can’t get out of here fast enough! Please lord let those connections... — read more 

I❤️NY !!!

https://therealdeal.com/sanfrancisco/2023/06/06/wells-fargo-to-take-a-60m-loss-on-13-story-office-tower-in-sf/

About Money

Yes, we’re making more money, paying you less in real terms, but there’s a podcast. Enjoy plebs!

Housing Meltdown

"It is our expectation that U.S. home prices, as an aggregate, will decline by single digits in 2023 and single digits again in 2024." "The problem is, there are a ton of investors sitting in money market funds passively. The answer is making our... — read more 

silly number of Indians here

Never worked at a place so absolutely flooded with unqualified Indian headcount. Most offshore produce next to no quality work even after a yr of hand holding.

Desk critters

Hey everyone! Quick question… how are you handling the influx of bugs including roaches at your workstations in the office buildings? Now that summer is approaching we are getting all sorts of 6 to 8-legged friends coming inside to collaborate with... — read more 

Town halls

All they do is repeat and repeat the same phrases all the time. How come none of them get bored of it?

Training- ROFLMAO

At least training is providing some comic relief. Took Complaints and Records Management last week. Knowledge check - don’t tell anyone where you work because you are responsible for managing every complaint you hear… from the Uber driver, your... — read more 

Get ready!

You are dreaming if you think there will be no more layoffs. This is only the beginning. They will be moving thousands of jobs to India and the slums. Chainsaw Charlie is going to cut 60 percent of our work force by year end. He needs to finish off... — read more 

WF reference question

Potentially in some trouble, ultimately due to long-term issues with anxiety and depression. If I get fired (or "laid off" but really fired), will that show up on my formal WF reference? Or will they just give dates? I have a previous WF manager... — read more 

550 California St

https://www.bizjournals.com/sanfrancisco/news/2023/06/05/buyer-under-contract-for-steeply-discoutned.html So they we bought the building back in 2005 for 108 Million. Great location right across from the BofA building, next to Omni, around the... — read more 

Mortgage

When will Charlie finally finish off mortgage? The HMCs that are left are pathetic. Our processors closers and underwriters that are left are the bottom of the barrel. India is screwing up everything they do. Realtors builders and borrowers... — read more 

It’s that time of year again

Early talent season is upon us. Gosh I love looking at those excited young faces. A bunch of kids fresh out of school ready to prove themselves in this fair meritocracy we call corporate America. Eager to jump on those stretch opportunities that the... — read more 

Transferring remote exception to another role

Does anyone know if it’s impossible for one that has a remote exception to move roles internally and move the exception with them? Is this something that can be negotiated in an internal move?

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