Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Where are the layoffs?

Dealt with 4 different team managers this week (1 in tech, 2 in risk/compliance, and 1 in CIB) and every one of them said they are hiring right now Not seeing or hearing of any layoffs but seeing lots of hiring

HR is not your friend

Good read https://www.businessinsider.com/microsoft-hr-layoffs-not-your-friend-former-vp-chris-williams-2022-7?utm_source=facebook&utm_medium=news_tab&fs=e&s=cl

Wells Fargo Compliance

Ok. So... let’s say you work in Compliance. Almost a 4,000 headcount. Things aren’t going well. Your job search is going nowhere if at a senior level because having “Wells Fargo Compliance” on your resume is a career ki---r. It’s easier for the... — read more 

Impact of IRA

now that congress has passed the “Inflation Reduction Act” hiw many layoffs will need to occur to pay for it?

Google execs threaten workers with layoffs

https://nypost.com/2022/08/12/google-execs-threaten-workers-with-layoffs-there-will-be-blood-on-the-streets/ So many similarities, executives threatening and putting tons of pressure on sales staff, I wonder what could go wrong. I'm pulling my... — read more 

ECMO is bloated - too many people

70 people in calls to make decisions and rinse repeat the next call - too many people trusted to approve changes. Will blow up in a year. Any other departments like thiS?

Impossible to be efficient here

"Enterprise" systems are getting slower and less responsive. Teams that support them are getting smaller but asked to do more. Busywork is increasing. Metrics are being chosen that have no bearing on real-world results. Yet we're constantly being... — read more 

Inconsistently Meets = PIP

If you get an inconsistently meets make sure you demand the PIP - meet with your manager weekly and in writing - I repeat - in writing - have a weekly summary of all duties and your performance. Make them earn every inch of that rating as we know... — read more 

1984 - Be glad your not at JPM

https://www.yahoo.com/finance/news/many-ways-jpmorgan-keeps-tabs-144000130.html JP Morgan sounds like my worst nightmare. 5 Days a week in the office, tracking how long you type emails, your zoom calls, how long your on the phone etc...

Another lawsuit

WFC LAWSUIT ALERT: Levi & Korsinsky Notifies Wells Fargo & Company Investors of a Class Action Lawsuit and Upcoming Deadline... — read more 

Work location

What is the name of the program and how do we begin a request for a different work location? Since they are so dead set on making us come in. Thanks!!

Workplace CoP call 8/11

WF made it optional to report if you have COVID, so you can be sitting among people with active COVID and not wearing masks. Some said they are getting notifications almost every day about cases in their workplace and that's cases that are self... — read more 

Loss of Hope/Joy

If everyone could explain in ONE WORD what made you lose your hope or joy at WF, what would it be? RTO? Chuckie? Money? Titles?

Global Survey

Some questions have a “?” as middle choice others have “Neither Agree nor Disagree” Difference? Why have “?” as choice?

ECMO - What is it like?

Looking at jobs. Is ECMO a decent spot? What’s the culture like there? Any groups / managers to stay away from? Or good managers I’d want to report to? Is RTO currently enforced in ECMO? (Staying Internal for personal reasons so yes, yes, I... — read more 

I hope he took them to the cleaners

Wells Fargo, Hispanic Banker Settle Job Discrimination Lawsuit Wells Fargo Bank NA and a Hispanic former personal banker resolved his lawsuit alleging race discrimination and retaliation caused his termination, Arizona federal court records... — read more 

CLT Brevard Office

Does anyone know what parking is like at our brevard location in Charlotte? Does anyone actually pay the $100+ to park there? Also are the cubicle walls high or are they set up in a way where you’re sitting right next to someone and you have no... — read more 

Post Asset Cap

What do you think a post asset cap world looks like at Wells Fargo? Do you think we will be better off than the other banks post asset cap because we are leaner and more efficient? What is holding us back from lifting the asset cap? Is it just the... — read more 

Change to IAM Functional Role

Manager says I'm getting a change to my IAM Functional Role. No other information provided. What is this and should I be concerned?

Advancement in the company

HR Town Hall this morning. To advance in your career you will need to consider relocation to a primary (Hub) location. That is the reality………. 😲

The Abused Contingent Worker

Wells Fargo’s abuse of its contingent staff has gone unchecked for far too long! Se-ual harassment, bullying, hostile work environments, participating in forced fraudulent actions are just a few of the mounting violations the contingent workforce... — read more 

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| 1247 views | | 5 replies (last August 10, 2022)
Post ID: @OP+1i97AVBi

Layoffs based on location

Our department is hearing rumors about layoffs related to location-remote. We hear that you won’t be given an option to move to a hub location. Is anyone else hearing this or been through it? Any managers hearing about this?

Let talk Midyears

Recently joined a new group in Wells (in May)…my old manager wrote my mid year. There hasn’t been any performance, mid year or money conversation since joining. Since I have no one I can ask, figured I’d start here with my peers. Questions are- ... — read more 

Corp comm disaster continues

Of course BR found a role where promoting herself and posting on social media is the job. And of course she supports women’s career advancement - think of all the women she let go on her team who went on to bigger and better roles! And those who quit... — read more 

Desk Chair as bandaid

Polling the audience. Why not after soda & snacks. Looking for suggestions on desk chair brand that won’t add to torture. Gaming chair was a bust for lumbar support.

2 days in office instead of 3?

Someone recently commented: Some groups are testing two days a week in the office instead of three. I’m curious if anyone’s group is doing this and what areas are testing this. Prefer 5 days wfh but 2 would much be better than 3!

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