When will the reorg and layoffs occur?
Personal line of credit
What if you currently are paying one off?? Then what?
Product Cancellation
https://www.cnbc.com/2021/07/08/wells-fargo-is-shutting-down-all-personal-line-of-credit-accounts-.html
A great book
It really helps explain what is behind the woke initiatives we are facing. https://nypost.com/2021/06/21/woke-inc-why-im-blowing-whistle-on-how-corporate-america-is-poisoning-society/
Charles in Charge just hired a new Head of Human Resources. Guess where they were working last?
Bei Ling is joining us from JPMorgan Chase where she was most recently the managing director and global head of Talent Development and Total Rewards. She is going to be responsible for all aspects of “Human Capital Strategy”.. in layman’s terms, the... — read more
We're officially the JPM Chase Rejects Bank
Hey all banks out there! Give Wells Fargo your tired (exhausted from running down other banks), your poor (those lacking poor leadership skills), and your huddled masses yearning to breath free ( so they can enslave free team members to arbitrary... — read more
RTO Update - Communication next week
“Communication regarding RTO has been delayed this week due to the enterprise pausing to rethink a few components of the strategy. No specific details behind the pause or what the strategy will look like. A revised communication is targeted for next... — read more
The number of people resigning is getting out of hand
Or it is definitely starting to feel that way. I don't know the actual number but it's not hard to see. Do you know one team that has not changed drastically in the past several years in employee makeup? Yes, some of it is due to layoffs but more and... — read more
Prayers for former Team Members
I’ve heard of three in the past few weeks who have no insurance are are encountering g serious diagnosis and have no insurance. This is absolutely heartbreaking. I wonder if Sloan Stumpf and the others are paying for their own healthcare? If I ever... — read more
The more wealth I have the less secure I feel?
Why? Accumulated my first million by 40 (started with $50k debt out of college), doubled it to $2 million by 43 and1 year later I just a few hundred thousand from $3 million. Why am I so fearful of losing my job and ending up in financial ruin? — read more
WFH / Office Location Errors
Did you get a relo offer but others on your team didn't, but should have based on their location and they were not laid off?
Corporate laptop and privacy
So I think theoretically they can use the corporate laptop to overhear your personal life if they want. Is that correct? So I guess it’s not safe to put it in the bedroom?
Wells Fargo Advisors
Can anyone confirm the multiple rumors about the sale of WFA? I keep hearing it is a big wire house grab for Assets and FA count. No one seems to be willing to say exactly who but I assume from the details it starts with an F and end in idelity
SVB(Head of IT)
Did Saul just cut one of his directs? I see he is missing one direct. But not sure who it is. Does anyone know?
Return to office or “something” else?
I work in call monitoring in our Dallas hub and received an email from my one up regarding confirming where I was sitting prior to evacuating the site in March of 2020 and the status of personnel effects at my work station or in locked drawers... — read more
2 week notice?
Congratulations to those of you who have resigned by choice for other opportunities recently. If you resigned and offered to work 2 more weeks (especially in Technology), did they want you to work the 2 weeks? Or did they make you leave right away? — read more
Manager call
All the sudden we are having an urgent call tomorrow morning? Any insight? I’m
Are posts being deleted?
It looks like posts are being deleted here. I've commented on a few and do not see them anymore. Some of the posts were created in the past few days. Any thoughts on this matter?
Everyone needs to research Charlie's history
For those wondering why all these layoffs are happening, it is worth researching our CEOs ("Chainsaw Charlie") career history. And, remember, that he announced when he came on to WF that we were "too top heavy" and had far more employees than our... — read more
Relocate or take package?
So, it's apparent many are going to be told to 1) relocate to a hub at your own expense, or 2) Take a severance package, in Q3 or Q4. They're already doing semi-forced relocations by screening out candidates for new postings if they aren't in a hub... — read more
Is it true that the manager has no say on who is laid off?
I heard that based on instructions from higher management , HR decides on positions that will be eliminated and my immediate many has no say on it ? So this means performance ratings do not matter? Please comment
Like... Tru Lawn greener
I got my offer from a competitor today and I was stunned how much more they were offering. Don't worry about paltry severance packages. The industry is picking people up to work their initiatives to fill the gaps left by a retreating Wells. It... — read more
Laying off
I worked for Wells Fargo for 9.5 years and was layed off in December. Over 260k of us! Told the reason was because position had been eliminated! Fu-k Wells Fargo. Had great team members that weren’t valued!! Now you wanna act desperate, can’t even... — read more
What does 'restricted job' mean?
The job families tool that shows you a PDF of the job compensation has a place for 'restricted job' which has a Yes or No after it. If a job is restricted what does that mean?
Layoffs in July
I have heard 7/13 and 7/23. Can anyone in the know confirm?
Worried about next chapter
I don't like starting new jobs. The last company that I worked for was toxicity. I was losing weight and I couldn't sleep at night. I ended up there due to a layoff. Fast forward, I am laid off again and looking forward to my new job, but at the... — read more
A Question
I've been out of high school for almost 12 years. And I've never had a job I really loved. I've worked in about 10 different industries from the oilfield to banking to food service, to debt collection, to transportation, to everything in... — read more
Who is looking forward to going back to work tomorrow?
Can we find one person who is excited about it? Who doesn't feel sick to his or her stomach at the very thought? With the morale as low as it has been lately, I don't think I'm exaggerating when I say that the majority of WFC employees would rather... — read more
Telecommute Agreement Canceled
For those of us who will most likely have our telecommute agreements canceled, is there any legal recourse to this? Does anyone have any ideas?
Shocking!
Only not at all... Former executive: Wells Fargo acted like 'mafia' to suppress internal critics https://thehill.com/policy/finance/561317-former-executive-wells-fargo-acted-like-mafia-to-suppress-internal-critics
Reveal your old or present salary in the screening or interview?
Just wondering how often people are being asked their last or current salary? I heard it is a trend to not have to hear that question from the prospective employers. It has been my position that they know what the salary range is, so reveal it like... — read more
Salary and executives
Wells Fargo is laying off people and at the same time hiring executives which is ridiculous..I heard a senior engineering manager was recently hired with a base salary of 240k and an tech division executive was hired for 750k both from chase. Not... — read more
There are better options
I left and accepted a job that pays more, has excellent insurance, quarterly bonuses, stock options along with other benefits. But above all that it is 100% work from home and an outstanding team that I have the privilege to work with. No one plays... — read more
Is there a point?
How many call centers do we still have in the US? Are those that are still here slated to be closed and relocated to India or whichever country is currently considered the best cost saver? Is there a point in applying for an open call center position... — read more
Returning to Office Fine But Fear Unvaccinated Co-Workers
The company needs to log which employees are fully vaccinated against Covid and who is NOT. The unvaccinated employees must be made to wear masks all day while in the office. They can still infect the vaccinated employees with Covid and it is not... — read more
Performance or Occurrences
What's up with the 12 month rolling occurrences? Wells, please stop trying to fire us. After reading the NEW rules, it's still based on performance. Not a concerned employee
CIC Complex / Covid
Anybody been out to CIC since this all began? Been reading on CDC website about the risk in older large unventilated buildings. Did they cut us skylights? Replace the HVAC? Are they using UV light filters now? Anybody know?
It's 4th of July weekend, if Charlie throws a party for the WF Execs, what would it look like?
Would Charlie be in his polo and khaki shorts with his hair slightly out of place and wildly skip the morning shave? Would he use his woodworking hobby to build a fireworks stage, or better yet, build stands for the guests to sit and cheer his New... — read more
RIP Guy is a mole
I thought it was a joke but was made aware that upper management has been made aware of this guy. Concern because of leaks of factual dates well in advance of the announcements. Other senior managers follow this site. Can someone shed more light... — read more