Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

It starts with practicing empathy

Mass layoffs. Using someone's livelihood to balance the books, right? It is so normal today that we do not even understand how broken and damaging it is not only to human beings but to business. We have literally created a culture which every single... — read more 

AVP vs VP

Does the bonus structure differ? Even if they have the same title e.g. senior lead.

WDSM IS Homebase bldg sold

I know the plan is to consolidate to Jordan Creek eventually — but anyone else hear that Homebase is already sold?

Silvergate for sale!

Rumor has it that Wells is interested in buying the Crypto Bank. Silvergate down around 95 percent from all time high Good buy?

https://www.nbcsandiego.com/news/local/wells-fargo-banker-out-of-chula-vista-gets-prison-time-for-opening-fake-accounts-to-launder-mexican-dr-g-

This news is one week old, but what the what??? 3 years after the fake accounts scandal, one year after the Federal Asset Cap for lack of oversight…and we can’t figure out that one of our bankers is using Wells Fargo to open fake accounts to... — read more 

Branch Layoffs 2023

Will service managers be laid off? Like the position totally eliminated? Will any premier bankers be laid off? Will the teller and associate personal banker positions ever be consolidated into one? It’s mind boggling that they still... — read more 

"Employee appreciation day"

I don't know what it is, but WF is spamming me with email about it. "If you appreciated me you would____"

3/21 - Powell meeting

Well, with the company wide townhall from Scott Powell just announced on 3/21 which is set up to address "transformation" I assume that date is all but a certainty for the next big layoff date.

Follow the RTO Money

So many companies are pushing RTO and we all know in 2023 that it makes no sense. Unless you consider who owns the buildings our offices are in. Wall Street. Incestuous boards of directors, REIT's, investors. For most work, there is no need to... — read more 

Who is responsible?

Husband can’t get the bank to release $500 left in a business account from when his partner died (he passed away about a year ago).The partner’s wife, the executor of the will, has attended meetings with Wells Fargo with him, more than once, and he... — read more 

Is it just me…

Or does there seem to be an increase in people taking leaves? Most I am hearing about seem to be mental health related. Multiple members of my team at one time. You would think this would send a message….

RTO requirements are becoming unbearable

On my team there is no longer any flexibility with RTO because it’s now being tracked and managers are being held to it which means it’s being enforced with zero consideration for employee welfare. Car trouble, sick kids, feeling under the weather... — read more 

Did you

Spend money near work today? If so, congrats you just fed your abusers. If not, good job n keep it up. Don’t forget to get creative with what you make for yourself. Not like the 3 repetitive options nearby are any better or healthier.

Anyone heard anything about the new LO comp plan?

For mortgage bankers? Supposed to roll out sometime in March I think. Rumor is there could be some very significant changes made to the primarily commission based plan….moving most people to a salary plus a per unit bonus. If true, That’s gonna hit... — read more 

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| 1672 views | | 5 replies (last March 5, 2023)
Post ID: @OP+1lqhWg2u

Promotions

Question on promotions I couldn’t find on teamworks - I was promoted in the year end cycle. I was also thinking about leaving the group and looking for a new role and the promotion was an unexpected surprise. Is there any information available in... — read more 

Layoffs in February

Other than the mortgage, were there any other layoffs this month? I can't recall anything.

This is Wells Fargo in a nutshell

Strangest company I've worked for. I didn't speak to my manager for the first two weeks on the job. I tried reaching out several times but he seemed to have no interest in communicating with me. I wasn't even sure what software I needed or how to... — read more 

Shoo shoo now…

You’ve got to get to the office today. Go on now, ya hear, there’s things to do there.

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| 1440 views | | 5 replies (last February 27, 2023)
Post ID: @OP+1loQYC5x

Peace out AWC!

Did you receive Friday's announcement about AWC leaving in May? Comes in - reorganizes everything and now has 12 weeks to pi-s off everyone on her way out. Bravo!!!

RTO

Are people that were remote before Covid being asked to return to office?

Technology

Is it just our area or is it Wells Fargo as a whole- Technolgy is very outdated? Our computers never work and always slow.

What for is SDET?

What is the thinking behind Software Development Engineer in Testing? Are they planning to build a separate Testing Wing parallel to development wing?

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| 955 views | | 1 reply (February 27, 2023)
Post ID: @OP+1lnhYoFI

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