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
Town hall meetings are so monotonous.
Every town hall meeting, I learn nothing new. I submit questions and they're never read. Instead, they read questions like, can you tell us what that is in your background? Wth? I don't care what's in someone's background! Read and answer the... — read more
corporate risk location strategy
anyone have any real updates on this? It's been quiet and have seen they were hiring last summer for someone to lead this effort but no updates have been provided. Most curious if anyone knows if they will offer employees in non core markets... — read more
LTI vesting
Are prior LTI grants moving up to vest in February or will it stay in March?
Has anyone had luck with negotiating a separation / package with salary continuation?
As we all know, there is a lot of unethical conduct in this organization. Has anyone had luck with successfully negotiating yourself out? If yes, then how did you do it?
Agile and Tech Business Assoc position
My job title changed last year to Tech Business Associate. We are moving now to an agile team and I was told that they don’t know what my position will be doing on that team. I’m scared because I feel like this means this role is right for layoffs... — read more
It's okay to simultaneously hate your company and find it difficult to leave. Golden handcuffs are a thing!
Just don't let anger and frustration consume your soul.
02/02 - layoffs?
Any?
401K match on bonus?
I’ve worked at WF for a few years but was not bonus eligible until this year. Assuming I survive until December, should I expect to get a 6% match on the bonus I’ll receive with my Feb. 5th pay check. For example, if I earn $50K with a $10k... — read more
WFAM Compliance layoffs coming real soon
This information comes from a HR source. WFAM Compliance is going to have layoffs real soon. Individual contributors ranked at bottom by each manager will be impacted. VP managers with less than 6 direct reports will be impacted. M.N. Made an... — read more
What is a Non Evaluated Manager?
Seeing several key positions listed in Teamworks as "Non Evaluated Manager". What does that mean?
Has anyone heard if IT is having a reorganization? Is it across the board?
I've heard something about some IT teams having a reorg. Has anyone else heard that?
Best Banking Companies to work for
https://www.vault.com/best-companies-to-work-for/banking/most-prestigious-banking-companies Wells Fargo cant be found in this list of 50; Goldman Sachs #1 Morgan Stanley #2 JP Morgan #3
I think I've found the formula
How to make 36 million: https://dilbert.com/strip/2021-02-01?utm_source=fb&utm_medium=organic-dilbert&utm_campaign=daily-engagement&_content=dilber6
Good time to be in a hub city, I guess.
It's not the only factor, but they really seem to be pushing to get all the businesses in hub cities, if possible. I understand the logic of it, but it s—s for people that like working for WF but happen to not be in one of the... — read more
A 2-hour wait time for HR Wells
For some reason the HSA contribution options aren't available on-line. And HR WELLS says I have a 2-hour wait time. After 45 minutes I hung up. That gave me plenty of time to find the chat service – which replies "I'm sorry but I didn't understand... — read more
Looks like things are starting to happen.
https://richmondbizsense.com/2021/02/01/wells-fargo-shifting-hundreds-of-jobs-from-innsbrook-to-st-louis-minneapolis/#
Are changes to your RSA Secure ID by OKTA email indicating layoff?
Changes were made to my RSA SecurID indicating that I enrolled in a multi-factor authentication for my account. I didn't enroll in this activity. Is this a way of locking me out after layoff?
Managers stealing employees ideas
Pass off as their own since they lack the skills to think for them self. Nor do they do any work only steal from others. I thought Charlie was wiping out these management layers?
Anyone file for unemployment benefits yet? Especially in California
Last day of work was back on December 4. Looks like 60 day notice period will end tomorrow. Trying to figure out when my last actually day is. Whether its December 4 or when my notice period ends which is February 1?
WF likes to steal bonuses
I had it done to me when I was there it was blatant they're animals.
This year is different it seems has been different for bonuses
Unlike years past, where you could be a lazy bum and get the same bonus as your co workers, this year the bonus has really been linked in some way to performance. I know 2 co workers who got a 1 and they got $0 bonus. That has got to hurt.
any bonus for rating 2
any bonus for rating 2
Charlie didn't even get a raise this year
In ga e they decreased his base salary by 12% https://finance.yahoo.com/news/wells-fargo-ceo-scharfs-pay-222831631.html
Question about Performance Evaluation
Is there a way for me to add comments to my own 2020 Performance Evaluation once I click the “I Acknowledge” button? Is there a place for me to add comments anywhere before acknowledging? (There have been discussions about the future use of... — read more
LTI date
Given the market tanking, curious what date / value the LTI will be based on?
401k balance
Worrying about job losses got me wondering how I'm doing vs others on 401k. Since I would only use as a last resort, what balance have you all had by say age 40, 45, 50?
CC4B Demoted Team Lead Positions
So a "majority" of the Team Lead positions under Larribas reports were "restructured." The announcement was worded like it was temporary, but from those who were actually demoted, it seems permanent along with a title demotion to regular... — read more
Something you should consider
Some of the posters out here assume that everyone speaking out against Charlie is a low-performing low-paid employee who is somehow beneath them in status or performance. That is not always the case One does not have to be a low-performer to see... — read more
Layoffs in Lending
The town hall meeting today contained the ominous words, "we are working to decision people before they even apply." They continued to talk about how they are working to further automate their processes. What does this mean for underwriters? This... — read more
Where's my increase?
I thought were getting a cost of living increase, at least. I'm understanding the grumbling about this place.
Chainsaw Charlie At it again! Morale is shot at Wells!
Chainsaw Charlie p-ss-d of a bunch of people today. I get it, he has to trim the fat, and consolidate irrelevant confusing multiple positions at the branches. But boy I’ve never seen the morale so shot at Wells Fargo!
Premier banker
Did anyone get a clear explanation today on the time period to promote from of premier 1 to the new premier role?
New Job
I left the bank recently for a senior management role at JP Morgan moving up from technical domain. Cant beat that, pay is good, got training on all the non ethical and other tactics used here, so will be ready for anything. Hope they aren't as... — read more
Notice Period in 2021 Benefits Book
Anyone else notice it no longer says how long a notice period is when being displaced (16-8)? In 2020 the benefit book explicitly said 60 days (14-8).