The results were far from good (as much as they try to spin it otherwise) and that's going to put the leadership (if you can call them that) in a damage-control mode. That means cost cuts across the board which, as we all know, means layoffs across... — read more 

Hi All, I've joined recently and I've noticed that almost no make colleagues at the bank have facial hair. I am not sure what's the beard etiquette in the industry as I am coming from an ad consultancy and it was OK over there. What do you think... — read more 

Here you go... as of 12 noon PDT... CNBC Wells Fargo profit falls as the bank sets aside funds for bad loans, company’s shares drop https://www.cnbc.com/2022/07/15/wells-fargo-wfc-2q-2022-earnings.html Barron's Another Rough... — read more 

I do not have much but I'll still take it. This is one piece of good news in a sea of negative sentiment. I am sure the executives are salivating, their mega bonuses are going to be increased with this stock price jump. I was afraid, after Chase... — read more 

Covid is surging again, as expected. Many people are getting really, really sick. The push for RTO and showing up to the office and traveling needs to slow down ASAP. Not everyone is perfectly healthy or has a perfectly healthy and... — read more 

Anyone else having issues with external websites you normally use suddenly not loading and it says “Symantec this webpage could not be isolated”?

Not one response. Gee. I wonder why?

5320 jobs today (7/15/2022): Charlotte, NC, USA: 1318 Bengaluru, India: 971 MINNEAPOLIS, MN: 787 Hyderabad, India: 772 CHANDLER, AZ: 542 ....... Stop sending our jobs overseas!!!

Wells Fargo Misses Across The Board As Rate Hikes Grind Mortgage Banking To A Halt

What the fu--s next exactly, Whoopi Goldberg is made Chairman? This is turning into a strange DEI Woke carnival of id--ts.

Performance "calibration" at work. Try not to be hurt - just move on. This has been going on for 3 years and gets more aggressive each year. Your manager probably held out for as long as possible or is "rotating" the good ratings to spread the... — read more 

Been here 16 yrs always excelled and met for performance. Worked late nights and early morning last year to get an inconsistently meets but reading the review it raves and received a bonus…What the bloody he-l?

JPM Chase just reported earnings. There is a 30% earnings drop. They are suspending stock buy outs, so goodbye stock prop grey hat trickery. Jamie is very concerned... He does not like geopolitical tension, high inflation and waning consumer... — read more 

He’s our new boss… anyone know anything about how he works and manages?

Layoff's are 100% happening today. Any details for your area are appreciated.

http://on.wf.com/6043zsSuU The crazy thing is, WF is still using many systems that have been around since the 1970s, but hey wasn't that JPMC reject SvB going to change all that? #bankontech lol

Money-center bank Wells Fargo (WFC) will report second quarter fiscal 2022 earnings results before the opening bell Friday. And investors are hoping the bank can produce results that reverse the recent decline in the... — read more 

Seven more were announced last week. It's not as bad as I thought it was, to be honest. Yes, we are closing most of all major banks but it's still only around five percent of the total. That certainly doesn't warrant the "all branches are doomed"... — read more 

I was laid off a few months back and I had some health issues after that. Long story short, I am ready to join the workforce now and I was contacted by a recruiter (she's also recommended by a good friend). Anyhow, should I tell her that I was laid... — read more 

I went to the office exactly two times since RTO when I had to meet with my manager but that's it. I've heard they're now logging when we show up and writing people up if they don't, but nobody I know has received a warning or anything like that... — read more 

To be truly Agile you split your teams One does production support One does development This company is faking it ... Making people support both and yelling at them for not meeting unachievable goals Sr mgmt is either lying or being lied to.. — read more 

Does anyone have any info on this team ? They seem to be hiring and is a relatively new team based on my initial investigation. They basically cover CIB from a second line perspective. However with the recession and potential layoffs not sure how... — read more 

If you're not giving your employees a 10% raise right now, you're giving them a pay cut.

wake up eat breakfast work work work lunch work work work dinner gym bed time rinse, repeat. A i am 30, wasted my youth in a rat race, saved some money though. i am losing any drive right now. i do not think it's wells... — read more 

Lester Owens has been traveling through India and the Philippines and holding a town hall from there. They are showing their plans out in the open and telling Americans to bend over and take the layoffs that are coming. This needs to get out for... — read more 

Wells Fargo & Co on Tuesday won the dismissal of one lawsuit and much of a second accusing the fourth-largest bank of failing to monitor toxic mortgage-backed securities that were a major cause of the 2008 global financial... — read more 

The former JPMorgan Chase managing director ran the bank’s precious metals business for more than a decade, making hundreds of millions of dollars in profit trading everything from silver to palladium. Now, he and two of his former colleagues face a... — read more 

Crazy how new hires bankers are getting 50k while me in the other hand 7 years with the company getting paid 42k

Your thoughts?

https://angelariggs.github.io/articles/talking-about-layoffs

KATU: Former bank manager accused of stealing over $1 million from elderly... — read more 

Some countries are making RTO a legal right, most companies are realizing that RTO is not working and are allowing employees to continue working from home even after attempting to implement a hybrid model, but WFC doubles down and is now writing... — read more 

Check out the tweet below on the overall RTO, for top 10 cities in the USA. This is tracked by Kastle, an office security and real estate copmany... The occupancy is well under 50% and the return is plateauing after some sharp increases after the... — read more 

Led by tech control it seems

A company isn't a family. Parents don't fire their kids for low performance or furlough them in hard times. A better vision for a workplace is a community—a place where people bond around shared values, feel valued as human beings, and have a voice... — read more 

https://apple.news/AEDXstQCkRFeDdTqiE3dtIA

Sucks to see a good leader go. They are rare around here.

I check this site often to find out if I still have a job this week, while here, I read so many toxic posts- most I can agree with. When you look for the bad in any company, you will surely find it. I am not certain why Wells Fargo is delaying... — read more