I am here to inform the masses at WF that more layoffs will continue across all business lines. Mark my words. It’s like letting horses at of the corral. Wells Fargo or Bust. Let’s ride like the wind bullseye 🎯.

Lead Software Engineer LOB: Technology

Simple Google search Yes, AI can actually cost significantly more than human labor. A major reason for this is that running advanced AI requires massive amounts of expensive hardware and energy, making human workers the cheaper and more economically... — read more 

I know the paper work says up to 60 days from the time it's requested. Im just asking if that is the norm or is it usually faster from folks who have taken this option.

when you optimize for one thing, you usually suboptimize something else. so now we spend energy on trivial stuff like badging, attendance, and proving people are physically present, while less time goes into the actual work. the work is still there... — read more 

I had to laugh. "AI produces gains where tasks are structured, feedback is quick, and performance is measurable. It does not magically fix bad management, muddled processes, or poor judgment. " Sooo...who is going to tell Derek... — read more 

Not the usual "every other Tuesday" thing, but anything more substantial all of us should worry about?

It's either personal, or they're trying to push me to quit. Either way, it's become unbearable. I've only been here a year and a half, and I don't really understand the dynamics yet. I'd like to move to another team. Who should I talk to? Just to... — read more 

There are many things wrong with Wells Fargo right now, from bad management and toxic culture to constant layoffs, but the worst part is the politics. It feels like every decision is about someone's agenda rather than what actually makes sense. I've... — read more 

BAC, JPM, C, USB. Seems like the closest competition comes from Truist.

is when the regulators start looking at how employers ignore honest feedback from AI. better keep those records.

I've been around long enough to remember when this place was actually decent, when working hard got you somewhere and meant something. The money was never amazing, but you felt valued. Leadership wanted to keep good people. It's now just a sweatshop... — read more 

Thoughts on this? As H1Bs have to go back and apply? Or will they just outsource more to India and keep them there?

Are there any IT folks left in Denver? We were told the DTC office would shut down and to work downtown instead, but then it started raining axes.

This is 1000% Wells Fargo today: The most dangerous workplace bully isn't your coworker, it's your manager. Because when the person targeting you also controls performance, documentation, and reputation, it's not conflict, it's leverage.

PTO payoffs on resignation or layoff - how does it work? Frustratedly software engineer here

If you factor in actual inflation, rather than the numbers the government reports, wages are falling rapidly. And both political parties share the blame. We have an uniparty anyway. Have you looked at the price of a new car lately? Or a... — read more 

Bloodbath after Memorial days weekend.

The performance matrix they use is setting employees up to fail so they can terminate workers in order to off shore jobs. They target employees with tenure, accommodations, and fully remote employees. They are trying to cut people to save a buck

I wonder if people that post are misusing “layoff” and “termination” because the way people are writing, it sounds like we are back two years ago, where everybody was getting laid off and expecting huge severance packages, which I don’t think is the... — read more 

And not sure whether I should file; does anybody have thoughts as to the pros and cons… especially with respect to whether one could lose his job.

Everyone is watching the layoffs but only some are paying attention to the real issue -hiring has slowed dramatically... The headlines make it sound like AI is eliminating jobs overnight. The actual labor data tells a more tricky story. Layoffs are... — read more 

:( I feel so bad for these people they worked so hard to get to where they were and we’re all very high performing branch managers. Hopefully a lot can find a spot and be retained. The role just wasn’t deemed to be profitable from an ROI... — read more 

No mid year self evaluation but Managers will still evaluate their staffs in June. List of layoffs might come in Aug after the recalibration in July.

As of this week I have a new manager. Will they be conducting my mid year review or will it be my old manager?

And it will happen soon. CharlieFart and Ikene want us GONE. Hope my parachute opens before the impact occurs but it probably won't, with all of this IM nonsense. We're all circling the bowl over here

Everyone has said that the 3 day requirement is rolling. If that’s the case and I take two weeks off can I only go in 1 day the week before I’m off and one day the week I come back?

Wells Fargo settles suit for $110M alleging discriminatory hiring and leading last week

Many people here are so lazy and never want to do any work but want credit for everything, they are always playing games and making things more difficult than they have to be. So many people I interact with are super rude, unpleasant, hate their job... — read more 

Audit just did a “shark tank” or “performance elimination.” The Pitch, The Cut….Wow!!!

They sent an email re buildings A and B in Chandler. What do you think, will we get a stupid open office design with no cubicles, or a layout that will cram us in further so that we can all come in 5 days/week? Both? I loathe the open office setup... — read more 

Our group runs on pressure, politics, and people watching what they say, but the second somebody higher up appears, suddenly everyone’s smiling and pretending this is a great place to work. I never understand the performance because it’s not like... — read more 

How did we get here? I’ve worked in this industry for more than 35 years, and this is stunning. Employee exhaustion from perpetual cost-cutting cycles has become so normalized that people now seem to accept it as a fact of life. I understand... — read more 

Getting a free ice cream one day definitely makes up for commuting 156 days annually to take teams calls from a noisy cubicle

Is anyone being granted an accommodation to work remotely 100%?

Can the bank afford another bonus for Charlie? Can Charlie survive without it?

They are like Russian nesting dolls. Often they with 3-4 layers of directors reporting to one another and sadly none knows enough about their business or function to e mildly effective! Leadership at JPMC is much more streamlined and effective.

i'm at bofa and just interviewed for a role on this team but I'm worried after reading this post. https://www.thelayoff.com/post/@OP+1kpmbbgcj

so sick of every tom, di-k and harry reminding us to complete it, been here 20 plus years and never had anything good happen from that stupid survey another waste of time

Are going to be treated as voluntary quitting. Resignation, without severance. New rule effective July 1st. Management perception is some employees are gaming the severance system. managers are not pushing deadwood out the door fast enough.