Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

3/23 layoffs

The 3/23/2023 Layoff date is a fact everyone! This round will be a significant one. Headcount will be cut by 4 digits “x,x-x”. Possibly even 5 digits “xx,x-x” this round. Why do people seem to believe this rumor over other rumors? I have seen... — read more 

2035 Wells Fargo Movie

Just imagine - John Stumpf to be played by LEO DICAPRIO in a blockbuster. How great would that be.

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| 760 views | | 3 replies (last February 14, 2023)
Post ID: @OP+1laSYCrz

Harassment by Leadership

Absolutely disgusting & nauseating…what a disgrace to the company, WF leadership, and HR. https://www.latimes.com/business/story/2023-02-07/wells-fargo-sued-over-se-ual-misconduct-complaint

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| 2240 views | | 8 replies (last February 13, 2023)
Post ID: @OP+1l9sK4oW

Excess FSA funds?

We all received a large addition to our FSA accounts a couple of weeks ago. I wonder where the excess came from? Perhaps it was from the accounts of laid off people who didn’t have time to spend them?

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| 1900 views | | 8 replies (last February 15, 2023)
Post ID: @OP+1l9E9x5A

Anyone received a $2 check from Wells?

Ex-employee here . Left last year. Just received a bizarre check from Wells for $2 (yes two dollars) for a settlement on ERISA . Case: 020-cv-02016. Check out: wellsfargoerisaswttlwment.com Why did they spend more than $5 each to send out a $2... — read more 

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| 1760 views | | 6 replies (last February 14, 2023)
Post ID: @OP+1l8lyd9Y

Auto layoffs

Anyone hearing anything on additional layoffs in Auto? We just had a small round but with lending guidelines changes announced today there likely is going to be a lot more.

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| 2760 views | | 6 replies (last April 14, 2023)
Post ID: @OP+1l77uWi9

The Posts on Here Crack Me Up

The activity on this board is the result of years of mismanagement and bad employee relations a d ineffective communication. The end. Anyone who is a current or former employee has earned the right to post on here. TGIF.

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| 986 views | | 5 replies (last February 15, 2023)
Post ID: @OP+1l71Zixu

‘They continue to climb.’ Many savings accounts are now paying upwards of 4%. Is it time to ditch your current bank?

https://www.marketwatch.com/picks/they-continue-to-climb-many-savings-accounts-are-now-paying-upwards-of-4-is-it-time-to-ditch-your-current-bank-01675894460?siteid=yhoof2 Yet another article advising customers to ditch their bank. I’ve read all the... — read more 

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| 976 views | | 2 replies (last February 11, 2023)
Post ID: @OP+1l6p9Lsb

Full branch audit

They are here counting down all our drawers and the atms which is never done. High up managers have been coming to visit our branch too in the south Texas areas any news or branch closures ?

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| 1330 views | | 6 replies (last February 12, 2023)
Post ID: @OP+1l6h08aS

Well I got deleted Again

I didn’t break any rules and still got deleted. The only thing I can think of is everything I mentioned about RCSA was the truth and too damaging to the program and recruiting and retaining talent. If the censorship of this program on an anonymous... — read more 

Six hours in office isn’t required…

Source: me and my cube mates leave at lunch or during a break in meetings and we are still shown as ‘in office’. Pretty ridiculous that we are all wasting our time driving in for this nonsense…no point in sitting in an empty building so I leave as... — read more 

Day 2 of Forced In-Office BS

Made it through the second full day of forced, “big brother is watching your badge swipes”, in-office work. So far it’s been just as pathetic as the last couple of times this was attempted by upper management. Massive number of vacant desks, maybe 10... — read more 

Canada LATAM realignment

Any friends here from Canada or LATAM? These regions are being "realigned" to US, basically being treated as an extension of US. Effectively half of the jobs will be centralized to US teams. Those in the regions, you might want to update your... — read more 

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| 1177 views | | 4 replies (last February 9, 2023)
Post ID: @OP+1l66HrvJ

Layoff Drip Drip Drip...10,000 and counting

We are now into our second year of monthly layoffs, hundreds at a time. Wells Fargo has laid off over 10,000 employees over the last year. Is this to stay out of the media limelight? or what??

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| 2060 views | | 8 replies (last February 12, 2023)
Post ID: @OP+1l5P2aTc

Layoff after raise

Anyone here get a sizable merit increase (after years of getting 2% on average), only to be laid off a short time later?

What is the common theme at Wells Fargo?

In every instance where the bank got in trouble, whats always been there....what is the common issue? "Risk, Controls and Governance" The issues lately? Where Indian Wells Fargo executive unin8d on a innocent bystander? Or an executive r@ping a... — read more 

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| 1510 views | | 9 replies (last February 10, 2023)
Post ID: @OP+1l5BVVEC

Two Week Notice Questions

Should be putting in my two week notice soon, hopefully. How does this work? Will I lose my access that day or will I be allowed to work the 2 weeks? Does company have to pay 2 weeks legally?

Another day, another scandal - Wells Fargo agrees to pay $300M to settle shareholder lawsuit over auto insurance disclosures

https://www.foxbusiness.com/markets/wells-fargo-agrees-pay-300m-settle-shareholder-lawsuit-insurance-auto-loans Anyone got back of the napkin math of how many employees will be "displaced" to afford this fine? Wells Fargo has come to a $300 million... — read more 

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| 2381 views | | 9 replies (last February 10, 2023)
Post ID: @OP+1l5WGs58

Audit Reorg

Does anyone know the details of the upcoming audit reorganization? I heard audit senior managers were meeting to discuss details. Was anything decided?

Tuesday is the new Thursday

Got an invite for a required "Touch Base" with my manager this morning and was laid off! I'm in REVs and was told I'm one of 83 people being displaced today. Non-working notice, in NY will be paid for 90 days before severance kicks in, 2 weeks/yrs... — read more 

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| 5050 views | | 19 replies (last February 12, 2023)
Post ID: @OP+1l4r7xXj

6 hours in office rumor

True or not that you have to be in office 6 hours for it to count? It was not true for my old building but we did not have a swipe out. Now I’m thinking of moving to a different building closer to me but that building has a swipe out. Does that mean... — read more 

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