Just wow. I was displaced (last day of employment was 12/26/25). Unused PTO payout is due the last day of employment. WF did not make that final payment. When I called, HR Service Center the automated message says payment will be made Jan 30th???... — read more
FU Wellsfargo
Toxic work place
q4'25 severance expenses for 2026 layoffs
Out of curiosity I did some AI based research to see how and when a company must account for severence expenses under GAAP, taking into consideration 60 day notice periods, and basically they can incur the expense when they notify you so long as... — read more
IM & NI rating and regulators
It sounds like A LOT of IM & NI are being given out this year and from what I'm hearing, not for any real reason. But how is this going to look to the regulators, when the majority of team members have sh---y ratings? Maybe it's not an issue? I'm... — read more
Good luck if your manager is H1B
Your manager is waiting for green card. Your manager wants job security. Your manager micro manages you.
I think about quitting at least once a day
It's just the fear of the cr-ppy job market that's keeping me here, nothing else.
Just got an IM. Never got one before.
How long do I have? Im in CTO. Never got that rating before. Basically the rating said I’m good at my job but don’t take initiative blah blah blah. I knew it was coming. Don’t care, ready to be done with this place. Do I have until summer at least?
When to provide notice and still get bounus
I have received another offer and plan on leaving. However, I want to ensure I still get my bonus. What are the rules around that and when should I put in my notice? I obviously can’t ask HR or my boss this type of question…
The job market looks similar to 2009
There are hardly any jobs in the job market. Good luck finding a remote role in this economy when you’re competing with thousands of h1b's and h4 ead's.
RTO report
What does it show? Does it breakdown hours by day? Or does just show average or a bucket you fall in(7+ hours)
Do Charlie and his directs receive performance reviews?
Genuinely curious
ITV
I have been in IT&V for 4 years. Absolute craziness. Meaningless work. No oversight. Individual contributors at Director pay and Sr. Mgr pay all over making big money sitting around half the time doing nothing or stealing other people’s... — read more
2 IMs
Mid year and end of year IM, with both reviews claiming I was trending towards IM. In a DF group that has seen very few cuts. How scared should I be?
LOA and bonus
I’m on STD/LOA and will be for a few more months, do I still get a bonus from last year?
Special layoffs next month due to stock price decline
February special. Good luck.
New head of infrastructure announced. That was quick.
Brady knew he was in the way out or had long planned on retiring.
Bonus eligibility on severance
Anyone know if former employees are bonus eligible while on severance? Said employee made it through the last day of eligibility as a WF employee in 2025. I have heard rumors that those impacted may get a prorated bonus; however, there is nothing in... — read more
Dress code
Is there no longer a dress code? Big fancy new building and all you see is people attire consisting of house shoes, active wear, T-shirts, and well sad to say either heading to club before or after shift. Just curios question. Debating on just... — read more
WF Revenue is less than half of JPM
And even behind Citi. Of the big 4, it's a junk bottom of the barrel stock. Literally. Charlie Scharf can't seem to grow the bank, so he's relentlessly cutting, because it's all he knows how to do. Helps explain the never ending layoffs.
Just got IM, is that mean fire or layoff?
first time IM. will be happy if have a severence package...
Perf Review on 23
My manager set my performance review for Jan 23. That Jan 23 is also the last date for performance review. Should I be worried.
Location Strategy
Apparently has been put on hold . I was initially informed that I would be released at the start of the second quarter. However, today I was informed that this decision has been reversed. While I am grateful to retain my position, I must admit that I... — read more
Wells Fargo misses profit estimates on severance costs, shares fall
Net interest income rose 4% but missed expectations. Wells Fargo forecasts $50 billion interest income for 2026, below average analyst estimate. Net income of $1.62 per share up from year ago, missed expectations. Bank recorded $612 million in... — read more
SPTO in quarterly increments?
In my time with the company, the SPTO bid has always been around November. We could request our scheduled time off for the whole 12 months of the upcoming New Year. We work in a site that is closing. They are only allowing us to schedule in... — read more
So are we all timing our job search for February?
I didn’t get anything the first week of January so I’m holding off on applying until the first week of Feb. Ideally I want to time it so I can resign the day the bonuses hit. I wonder if companies know this so are holding back on job listings until... — read more
Colocation strategy - team members should be in the same location
Seems to be happening
Things are not looking so good so only managers should receive bonuses this cycle.
Then we can pass the savings to severance packages.
Banks credit risk is so well managed then why is the organization so bloated?
There are so many directors, managers, sr leads. All just attending meetings and cruising?
What's the real reward for hard work now?
After seeing it happen to so many dedicated people around me, I'm really questioning the whole point. You watch colleagues who got top reviews and decent raises one year get let go the next. It makes you wonder if going above and beyond actually... — read more
It’s over
WFC is crashing. More layoffs in next 3 months.
2 weeks pay for every year of service
I had heard that displaced employees were to receive two weeks pay for each year of service with Wells Fargo. When do we receive this pay?
For those already displaced like me, how do we get our W2s to file tax returns?
Checked Workday and don't see an anything there. Do we wait for a snail mail copy?
Fudge….
There’s layoffs today
Strap up the boots
People make sure you document everything during conversations with managers. It’s obvious they are making it uncomfortable for all of us and they do not want to pay out severance. Annual reviews are taking place shortly and they need to dish out a... — read more
Cobra coverage
As a single person still working but looking to retire in the next year or two. Can I please get some feedback on what you’re paying for Cobra for 1 person Thank you
FINRA fines Wells Fargo Clearing Services $1.25M for violations involving muni securities
Wells Fargo Clearing Services agreed to pay a $1.25 million fine and accept a censure from the Financial Industry Regulatory Authority for failing to properly resolve 493 municipal securities trades across a seven-year stretch, according to a... — read more
wee...Big Layoffs Jan 20th
Some groups in risk and compliance are getting as much as a 20% axe. Isnt this fun? What could go wrong with a bank cutting risk functions? Lets bet it all on red! Trump, that is.
What are in-office requirements for CLT
So I left the company last year, but am now considering returning due to pay. But I want to know the exact in-office requirements I would be committing to. I left for remote but I want to consider if the pay raise to return is worth being hybrid.
When does the 401 contribution rate need to be adjusted ?
So Bonus is not included in the 401k