We were told comp opened today yet I am hearing crickets - I asked my manager and they heard nothing either. I mean the leaders came up with the dates and did not make their own deadline and didn't even send out an email to let us know the... — read more 

I want to see if we can get a collection of group names - Google will pick up this message and then more people can find this thread when they search for the name of the group and 'layoffs' Here is 36 on the list already: Accounting ... — read more 

Too worried about being like their peers instead of being a leader in the industry. Monkey see monkey do. Charlie & Co aren't bringing anything innovative to the industry just follow the leader mentality. There's a reason Berkshire is reducing its... — read more 

Can someone share the job grade / title structure at WF? I believe the direct reports are all senior EVPs, but how do things go below that? Are there multiple job grades with the same title? Ie four levels of VPs or SVPs? Any info appreciated.

I found out that most of Enterprise Architecture were impacted and lost quite a few architects... Other areas include Tracy's org.. from business analysts... to architects... to several business leads... so yes Virginia there was and is a layoff... — read more 

I was let go yesterday morning and I still haven’t received my package yet. Not surprising from Wells. Am I supposed to ask for my own package to officially lay myself off? Lol

I am officially sick and tired of all the time wasted on D&I. It is beyond boring and does absolutely nothing but create global eye rolls across the organization. Talk about what people actually care about for crying out loud!

A distressed company usually shows signs of trouble which are reoccurring and not industry specific. Warning Signs: Selling assets Reducing or eliminating dividends Earnings misses Cultural crisis Unclear ethical standards Employees... — read more 

Phone was wiped yesterday. Locked out of my PC today. Helpdesk told me to call my manager. What a terrible heartless way to do this. Not at all surprised though. Terrible leadership and old boys club mentality. Spineless to say the least.

Is there any way to know if we are truly done?

How has been your experience at Wells after giving your two weeks notice? Are managers understanding of you seeking a new opportunity due to the upcoming layoffs? Do they honor your two weeks or ask you to not to come into the office because you will... — read more 

How many of these sound familiar? YOU’RE TOLD TO FEEL “LUCKY YOU HAVE A JOB.” If you’ve ever heard this statement, it’s a major red flag. This scare tactic is a means of threatening you into staying in a marginalized position and is... — read more 

I retired in 2018 and it was bad at that time too.

the management was more transparent about layoffs (size, dates, etc.) the management carried some brunt (pay cuts, bonus cuts, etc.) the management executed layoffs more humanely (gradual phase out, opportunities, more generous packages... — read more 

I am aware of three individuals who were laid off over last 60 days. They were in different groups. This leads me to believe that they are doing this in smaller batches instead of a big bang cut. Given how fragmented we are this actually makes sense... — read more 

For those laid off today as part of job elimination for span of control reasons. Best of luck on the next chapter. I received my notice first thing morning and at least got to say good bye to some great people. With the large majority of my career... — read more 

So far more fake news than real news. Once again no bloodbath and sky is not falling. Trolls are having a fun day again.

Hearing that sales and ops have been affected - anyone know which groups/regions?

They are implementing a new "7 layer" dip management structure now. I know of three 8th layer managers being let go.

my wife got laid off today. funny thing, her manager was already giving bad vibes for the last two years and saw the right time to use this to get her out..7 hrs left until her all access will be taken away. Also, nobody from HR was on the... — read more 

Please post any updates with relevance there

Just got whacked

Does anyone have any insights into reasons behind the move of our 401(k)s to empower?

I've heard layoffs have started already. Can anybody confirm?

The strategy of layoffs is every Tuesday! So they don’t have to do mass layoffs at once. If you have a meeting tomorrow with your manager, its probably some bad news! Same day and you are gone. 0 day Notice Period!!!

is it telling.... the finality of it ? what do you know?

CSBB is just a repackaged Community Banking as it was under Carrie Tolstedt. Bring up an issue, hold endless meetings beating down whoever tries to shine a light on the c—roaches. Deny, deny, deny and do nothing to address policy violations, not... — read more 

I'm reporting it as spam

Anybody get word on any announcements/ displacements in ET&V and Compliance? Postponned twice already, I would imagine 11/17 is a go.

Have any of you that were let go received any notion you would be able to get an optimized interview experience for internal positions you are qualified for? Prior companies I have worked for have done this to ease the blow and offer a chance. It... — read more 

Tech is a huge mess. People leaving, teams getting ripped apart and rebuilt with absolutely no reason or thought process. It’s a total clown show.

No one will be displaced tomorrow.

What topics will be covered? Most likely nothing about layoffs, they dodge that like a big pothole. Location Strategy D/I Covid update/ return to office D/I Technology college D/I Career paths D/I Bunch of other nonsense no one cares... — read more 

In the spirit of being aligned with Wells Fargo's often-stated desire for transparency, here is the latest info on Saul's "Location Strategy". All telecommuter agreements have been revoked. This has already happened. If you are a... — read more