https://www.warren.senate.gov/newsroom/press-releases/warren-releases-troubling-new-details-on-wells-fargo-putting-borrowers-into-forbearance-without-their-consent-during-covid-19-pandemic

February 23RD, 2021

Citizens Savings Bank & Trust, in Nashville, Tennessee Commonwealth National Bank, in Mobile, Alabama Broadway Federal Bank, in Los Angeles, California Carver Federal Savings Bank, in New York, New York Optus Bank in Columbia, South Carolina... — read more 

Bank not giving any details into layoff numbers, keeping it all under the rug and will continue to trickle the layoffs: https://fairshake.com/newswire/wells-fargo/2021/01/30/wells-fargo-layoff-trickle-has-employees-on-edge/

Promotional video showing exactly which jobs are open to new grads at wells fargo. https://youtu.be/6zmqUsaLoGw Comments on youtube video are open - share your thoughts today!

Is this more censorship?

Just wondering how hard is it to land another job in the finance/banking industry right now? Any shared experiences will be appreciated.

https://richmond.com/business/wells-fargo-to-lay-off-320-workers-at-its-brokerage-operations-unit-in-henrico-by/article_0c71f960-21de-5c46-9f5e-3e411a79fb40.html Wow! Lets layoff the execs and CEO, no progress on getting cap lifted. Other CEO's... — read more 

Chukkie makes 3,200,000 per year. USA executive compensation is of the most expensive on the planet. USA population is only 332,000,000 people. In asia, executive compensation rarely exceeds 500,000 usd per year, and where it does it is for... — read more 

My time at Wells came to an end from getting the cut/layoff and I was always thinking it would be avoided as everyone would just rally around me. Thing is it doesn't work this way but would like to think if you got their backs they got yours and... — read more 

Often not discussed is now that NYC has taken over running WFC after trying unsuccessfully to penetrate it forever, is that those who made a career out this company now have to compete with all the over paid useless “talent” out of that metro area as... — read more 

I work in IRM currently and understand that several people kid off this past Tuesday. No one is talking so reaching out to see if anyone heard if more cuts to come? Anyone know if Gareth Davies was part of this round? He is no longer with the firm... — read more 

So they started exiting some of the Bay Area offices. Oakland is first to go! That’s a big Chunk of AML and FCRM...

Chuks not happy with his 12% paycut so he is accelerating firings? Anyone know what groups got hit?

Just an incredible hire by CS, I know Cleber is going to transform this company, our communities, and country!

Will the current premier banker 1s be displaced if they do not get promoted to the new title when the time comes?

“In order to be irreplaceable, one must always be different.” There are 2 ways to make yourself more bulletproof to an employer: 1: Take initiative. Anticipate needs in the workplace. Is there an ongoing problem that you can solve? Is there... — read more 

Wells India just hired 20 accounting and finance staff to be trained by 20 US onshore acctg staff. They are saying that they need to be trained on the basic tasks but leave the analytical tasks to the current US onshore staff. Not new for big... — read more 

I recently had WFC screening interview and I asked about relocating to HUBs. I was informed by HR that WFC is re-thinking the entire HUB concept. Apparently, with the COVID global experience, the success and effectiveness of employees working from... — read more 

Anyone know anything about the Fund Admin group in Asset Mgmt? There is an open position I am looking at but not sure how the group is and I am also a bit worried about the potential sale. Right now I’m in Operations. Thanks

I’m starting to lean towards the personal philosophy of taking the opposite path of Wells Fargo. I say this with a bit of sarcasm, but in truth, I think it could be the way to go. They support offshoring: I support keeping jobs in the US. ... — read more 

Just got a call from my buddy, asking me if I knew M.W. And what I thought of him. He just interviewed at another firm, and told them the PE buyout is imminent. Those were his words. It is Time to jump ship folks when the head of the department is... — read more 

I’ve been offered a middle management position in centralized ops (won’t mention where specifically) after having left for another company for the last year. How bad/good is it? Is location strategy still on the table? Are layoffs still looming? I’m... — read more 

All, I have been laid off for 3 months and recruiters are already asking me what I have been doing to keep my job skills fresh. So ridiculous!

Code for “nobody else wanted it.”

"I don't know why we feel the way we feel and we are exploring what we have to do to change these feelings". this is so laughable I don't know if he is just hiding behind a rock or he has his head in the sand. 75% of the surveyed peeps are... — read more 

Are people waiting for the "Right to Sue" from EEOC or are they also pursuing separately with their own atty?

A group of us (WIM) will be obsolete soon so that prompted me to look elsewhere. 6 competing firms offered me a job and with much better pay. I wouldn't have looked around if the threat of a layoff was non-existent. Thx WF!

0 bonus, 0 raise and a 2 - inconsis meets - wut does that mean at wf?

How long should your application remain in “review” status before you give up hope?

My job is very important to my group, and I doubt I'll be laid off. I'm in the 50-70k salary range. I'm the only 1 in our group that does my tasks, and the only one that even knows how to. I WANT to be laid off. My entire job can be done in ~5... — read more 

Hey, All over of you who are sitting around waiting to see what happens are going to get a dose of reality soon and it ain’t pretty. I just got off the phone with a recruiter from USAA and they are getting 2,000 resumes for 1 job opening because all... — read more 

Remember that all your evil cuts both ways. If the exec's do not care, why should we? You do nothing to support us, so why should we support you? Money you say? The exec's are getting paid too, and doing nothing for it. "Oh no they say...this is not... — read more 

Scoreboard alert: Tech exec went for the trifecta – think I heard all these 3 buzzwords "Global" "Synergy" and "Efficiencies" within 15 seconds. Well played, Tech Exec, taking up everyone's time with nonsensical rhetoric!

It is February 2021, 2020 performance reviews have been completed, bonuses have been paid out, so why have they not pulled the trigger on layoffs yet. What are they waiting for? Seems really quiet right now. Is something else going on? Is C.S... — read more 

Why is Atlanta not a HUB location when there is so much diverse talent there?

So in the team meeting when the tech secretary wouldn't let me speak about my own work, I made the decision, I need to be the one playing my hand making my life my own. One thing to remember is your the one carrying a legacy. To just be silenced... — read more 

Should I call in sick this day?