Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Tech - last day in Feb

I got word our group will all get canned in February 2021. Anyone know any ideas how to avoid this?

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| 2371 views | | 9 replies (last January 27, 2021)
Post ID: @OP+193gBNbh

401k -where did it go?

I am trying to roll my money over, I just resign end of November. There has been 0 communications on how we access it for those of us not working within the walls of Wells. Any ideas?

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| 71 views | | no replies yet
Post ID: @OP+1920L25p

bonus

Do you get no bonus if you are a 2 or 1

video monitoring of your computet

It's been stated here that the company takes screenshots of employees computers to see what they're up to. Make sure you cover your camera with a stick it note so if they monitor you they won't catch you half dressed.

No review = laid off

High probability that if you have not yet received your review that you will not be around much longer.

WF Advisors rumor

Rumor that a large number of areas at the Glen Allen VA operations center are being moved to India. That will cause a large number of layoffs there. Anyone know if true?

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| 2270 views | | 8 replies (last January 23, 2021)
Post ID: @OP+1920OBMk

Next tech layoffs

Q2 and Q3. Very very difficult to stay motivated with possible layoffs hanging over my head.

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| 1680 views | | 3 replies (last January 22, 2021)
Post ID: @OP+192Wt87j

india benefits vs usa benefits at wells

India: Free healthcare for you, spouse, children and parents Wide selection of subsidized (almost all free) online courses not available in usa Free life insurance policy More holiday time off International cultural coaching training onsite... — read more 

Potential promotion

If someone receives a promotion that comes with bonus eligibility during year end compensation time, would they have to wait until next year to receive any bonus? Or will they get one this year? Thanks!

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| 1430 views | | 5 replies (last January 22, 2021)
Post ID: @OP+192tLK1H

Bonus

Does anyone know when your manager will disclose how much bonus you will receive?

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| 2370 views | | 8 replies (last January 26, 2021)
Post ID: @OP+1924HSph

Refusal to acknowledge performance Review?

What happens if you refuse to acknowledge your PR? Who gives a sh*ti if you are not getting a raise or bonus while performing?? So ridiculous.. Don’t waste your time and focus on not being an inept manager.

Anyone knows Bonus Pool information

Is Bonus Pool in and anyone knows what we getting? Only need to know percent of last year good is higher not so much if lower. Please share us the information. Only if really knows please.

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| 1731 views | | 3 replies (last January 22, 2021)
Post ID: @OP+192MooGF

Disappointing review, but expected.

Been an exceeds for years, now back down to meets under the current guidelines, even though 5 of my 9 criteria were rated exceeds while only 4 were rated meets. Can't really complain. The big project I was working on has ended and our normal... — read more 

Why bother?

Is there a reason to do anything beyond bare minimum currently at Wells Fargo? I personally don't see it. Benefits are getting cut, promotions are based on nepotism and cronyism instead of merit, we are all well aware that there is no such thing as... — read more 

Feeling concerned. (Already was) I Received an email today, To my Wells Fargo email address. Regarding on how to update my RéDoem praying this was sent to all the folks. . Not just myself. Any One else get one?

Performance Reviews

It was my understanding review discussions were to begin 01/19, but I haven’t heard anything. Have reviews started for anyone else?

Personal Leave Question

If you take a personal leave, they don't have to guarantee that you have a job when you come back. So, the question is, if they don't have a job, for you, when you come back, are you terminated without salary continuation or are you eligible for... — read more 

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| 1610 views | | 2 replies (last January 20, 2021)
Post ID: @OP+190zPjOr

Investment Banking

I’m not saying it can’t happen, but the plan to bulk up Investment Banking feels like a pipe dream. We’ve never been known to be a player in that market. There are too many other firms, that already have the prestigious reputation in that segment... — read more 

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| 1560 views | | 8 replies (last February 9, 2021)
Post ID: @OP+18ZxRHD1

Back to office plans

Anyone else notice the covid vaccine was listed as one of the ways they're planning to achieve forcing us all back in the office? If not, check out the recent flurries of emails Friday... it's there, right along with having to claim your back to... — read more 

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| 2910 views | | 8 replies (last January 21, 2021)
Post ID: @OP+18Zcd97j

Bonus Pool & Funding

What is the latest on the bonus pool & funding considering it will be communicated by next week. Obviously will be different across different LOBs but any indication of what has been approved yet as % of target?

SVB AMA Jan 19

Happy New Year to all of you. Remain safe and healthy at this point in time. Long weekend. Thanks to teams involved in relaunch of PPP (COVID related stuff). 1300 loan applications in. Thank you for helping the economy in the US. 2001 (he meant... — read more 

Headcount?

Anyone have a current headcount? Last number I heard was 260,000 but that was a few months back. With all of the "massive layoffs" that I have been reading about on this board, I figure that there would be a new, lower number now.

Job Market is Horrible Right Now!

Let me share my story and would welcome advice from any of you. I am 50 years old with a background in risk, compliance and audit. I have been searching for a new job and I am getting nowhere. I updated my LinkedIn profile and resume to align with... — read more 

WFHM Fullfillment Remote deployment, REPEALED?

So six months ago it was announced that because of fullfillment’s quality and efficiency increasing that we’re all deployed remotely, should we choose even post Covid Last all hands call with new senior leadership same question was asked, it’s... — read more 

What went wrong?

https://www.nasdaq.com/articles/can-wells-fargo-bounce-back-in-2021-2021-01-11

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| 2670 views | | 8 replies (last January 19, 2021)
Post ID: @OP+18WysjG8

4th Quarter, 2020 Earnings Call Transcript.

https://www.google.com/amp/s/www.fool.com/amp/earnings/call-transcripts/2021/01/15/wells-fargo-wfc-q4-2020-earnings-call-transcript/ Who read the entire transcript? So apparently we are now called “Partners”? After WF reported earnings and after... — read more 

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| 1940 views | | 4 replies (last January 19, 2021)
Post ID: @OP+18W1YyMx

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