Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Wells Discounts

Anyone experience using the discounts on Wells site to buy a new or near new car? Just curious

Raise pool 3% - Ling effort to 5% a rumor only

Yes, with two year inflation at 14%, we are on our second year of 3% pools. If you’re in the same role past few years, enjoy your 8% “merit” pay cut I’ll be looking outside for a 20% jump, good luck to all, I have a family to feed — read more 

No Layoffs in WF

We saw layoffs happening everywhere. https://intellizence.com/insights/layoff-downsizing/major-companies-that-announced-mass-layoffs/

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| 1130 views | | 3 replies (last December 1, 2022)
Post ID: @OP+1jMan1Ku

Business Execution Director

I’m sorry. I just can’t stop laughing at that business title. It’s so fitting for this company. Think about it. A person hired to oversee the business being executed. Lol!!! It just struck me as real funny. That’s what this company is doing, hiring... — read more 

RTO is so painful.

Here’s what I realized. I’ve been so used to WFH, that I’m actually subjected to people in person, now. I actually find my teammates annoying. I got so used to correspondence over phone and email that when I’m around them, in person, I feel stressed... — read more 

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| 1760 views | | 9 replies (last November 21, 2022)
Post ID: @OP+1jLdOCuH

Is HR biased against internal hires for tech

It seems like their focus is on external recruitment. I’ve heard the only way you can really move up in Wells is if you leave and come back. Otherwise they just anchor you to your current role regardless of your skills. You won’t be able to make a... — read more 

Wells fargo FTX

https://www.fxstreet.com/cryptocurrencies/news/jp-morgan-well-fargo-bank-of-america-potentially-exposed-to-samuel-bankman-frieds-ftx-exchange-202211180001

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| 1070 views | | 5 replies (last November 22, 2022)
Post ID: @OP+1jLK0Ke6

What are the unwritten rules?

Post unwritten rules and shady practices that Wells Fargo does. I'll start: Priority of D&E external, or any external candidates, for hire over internal hires. Priority of D&E hires/promotion over a better qualified hire. Hire any D&E... — read more 

One cog in broken engine

Once upon a time, I was a star employee. I won free trips to Hawaii, and all kinds of token awards for my contributions to the company. I thoroughly enjoyed it as I realized that my skills could really make a major impact on this company. Throughout... — read more 

Raises here are a sick joke

2-3 % raise doesn’t even cover the cost of inflation much less the extra cost of commuting but we should all just be lucky we should have a job right…..

Worst part of RTO

Is not having that time with my kids, being able to walk them to the bus, cook dinner for my family and sitting down at the dinner table together. With all the time spent working, those extra 2+ hours of time and energy wasted on commuting is time... — read more 

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| 1290 views | | 6 replies (last November 18, 2022)
Post ID: @OP+1jLybeho

This company is going backwards

I remember pre-covid there was a push towards flexibility and remote work, hence the start of hoteling cubes. Now it’s the complete opposite. They’re setting arbitrary rules that make no sense. The 3 days in office rule is just garbage. When did... — read more 

We need a new Board and CEO

New CEO and Board desperately needed Things we need to do Offer Voluntary Severance Packages. This way, We get rid of all of the quite quitters and people who no longer want to be here and we’re just coasting along. Reward all of the... — read more 

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| 1300 views | | 9 replies (last November 20, 2022)
Post ID: @OP+1jLVxXXF

Layoffs

Buckle up….lay-offs are coming starting in December.

Amazon Offers volunteer Severance Packages

Amazon offered some of their employees an optional Severance Package. 12 weeks plus an additional 2 weeks per year of service. Is this something WFC will be doing in the near future? It’s a good strategy imo.

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| 1080 views | | 3 replies (last November 18, 2022)
Post ID: @OP+1jL0ZXPJ

Merit increase & bonus

When will individual can see the merit increase and bonus information on workday?

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| 2230 views | | 6 replies (last November 18, 2022)
Post ID: @OP+1jLDLtAI

It's not complicated

Your company's fate will be determined by how you treat your employees. Employees will make a difference if they are treated as if they matter. Alternatively, you lose the respect of everybody when you mistreat one of your own. It's that simple. And... — read more 

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| 1210 views | | 8 replies (last November 19, 2022)
Post ID: @OP+1jKWW9Bu

Bonus Funding

Any managers willing to comment what % of last year’s pool workday is displaying for your bonus pool?

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| 2420 views | | 5 replies (last November 18, 2022)
Post ID: @OP+1jKkNcEy

Is anybody still quiet quitting?

With all the mass layoffs in most of the major banks, is anybody still brave enough to continue quiet quitting? Or have most of the people reverted to staying extra hours and giving as much as possible to make sure they stand out and are not cut in... — read more 

Why say RTO is enforced when it’s really not?

I’ve been to two hub locations and both are EMPTY on the days I show up. Some people rarely come in and never hear a peep, some teams are exempt, while other teams are actively tracking numbers. It’s all a big mess and they’re treating us like... — read more 

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| 1910 views | | 6 replies (last November 18, 2022)
Post ID: @OP+1jKfAAjM

Time to stop trash talking Wells Fargo

I know, Wells has its issues, but every company does. When you bad talk it, it reflects upon you. If you need to update your resume, just do it, and leave. Really, enough already!

Do you have a family member

That does not like the fact that you work for Wells Fargo? I do. It has nothing to do with salary or position.

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| 1130 views | | 9 replies (last November 18, 2022)
Post ID: @OP+1jKu9nKA

When is leadership going to admit RTO is a joke?

My building which was packed pre-covid sits empty. Since RTO I’ve never seen more than 4-5 people on my entire floor. Some days it seems like I see more security people than actual workers… Tell me what’s the point of this policy when most teams are... — read more 

PSA

Stop talking to yourself out loud, taking calls on speakerphones, constantly snacking or cursing out loud, sneezing all over the room (while talking to self) or any of these things while in the office. Some of you are so incredibly rude and oblivious... — read more 

Bonus Eligible If I resign in Jan 2023?

Say if I resign on Jan 13th, will I still get bonus for 2022? Have not read employee handbook, but thought of checking to see if anyone have any past experience or if any manager can chime in. TIA

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| 1660 views | | 8 replies (last November 18, 2022)
Post ID: @OP+1jKEKG7F

Cushy high-paying job

What are the cushiest jobs at Wells that pay well? I need to stick it out for a year to be vested in my 401k match but I’m sick of doing everyone else’s job for them in my job today. Too much headache for not enough pay. Which jobs make a lot of... — read more 

Give up your desk?

Heard from someone who would know. For locations with space or pending space issues. Badge swipes will dictate who gets to keep their desk or cubicle. Probably more of a worker bee thing, but if you haven't been doing the 3 days or required days... — read more 

How is WF tracking in office vs WFM

I am assigned to a non Hub that was convent pre Covid but the bus I used to take to the office no longer exist. I still go in 3 times a week if I can but it’s 4 hrs round trip now. Sometimes longer. My assigned building requires badging at lobby and... — read more 

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