Was told Charlie is telling his leadership to communicate down that we all must be in the office the full eight hours for the three in office days? Anyone else being told this? We have also been told individual productivity is being tracked through a... — read more
The earnings of a floundering company.
Chase exceeded expectations. WFC is kinda meets, kinda exceeds… but for the full year we’ll get inconsistently meets. And so the stock is down more than the market. These results are from a dysfunctional company that can’t grow and can only... — read more
How to become an Analyst covering WFC and talk to Shart & baby face CFO
Continuously integrate the following into your vocabulary; Can you give us a little color on X what are the puts and takes of X
Intel is Too Funny
Intel is getting huge press coverage of their cuts and Wells Fargo gets little if any. What's with this?? Seems the impact would be no different.
Some good news!
Wells Fargo slashes about 400 jobs in 2 months in India; more may follow Wells Fargo’s technology centre in India has slashed about 400 jobs in the last two months, two people familiar with the matter said. This comes at a time when the... — read more
Fake jobs
You've been warned 20 years ago (source below), read the last exchange \[Music] Speaker 1: Okay, so we're now in the recruitment phase. We're starting out the PERM process. We've spoken with the HR manager, the employee, and the... — read more
Gaslighting @ WFB
I came here just to say this and then I am logging off... Learn from me. I had a cool manager who kept telling me that all is fine and that I should keep doing what I am doing, no problems, contribution, etc. Then I get "Meets" and all is fine and... — read more
Badge Swipe Data
What do they do with it? Who's checking?
Number of Employees visualized
2024 - 217,000 ||||||||||||||||||||||||||||||||||||||||||||||||||||||| 2023 - 226,000 ||||||||||||||||||||||||||||||||||||||||||||||||||||||||| 2022 - 238,000 |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| 2021 - 247,848... — read more
WFB: Media Roundup, 7/14/2025
Bank Earnings: What to Expect From JPMorgan, Wells Fargo, and More Source: Barron's Major U.S. banks including JPMorgan, Wells Fargo, and Citigroup are set to report Q2 earnings. Analysts expect growth in revenue and profit, and will look for updates... — read more
WFC Stock Price after 2nd Quarter Results
Predictions? IMO it will go up by 7% tomorrow. Maybe M&A Announcement!
Question for those with direct reports
(For the sake of this post, I'm using the word 'manager' a little generically to include directors and others that have direct reports.) I realize that there isn't an official avenue for an employee to take a voluntary layoff. But at the same time... — read more
Banks are not doing enough with AI...
https://youtu.be/f0MUe-0zpBQ?si=jhLKSP18wbalr3NT&t=5263
Earning release this week
WF is announcing big company-wide layoffs this week. Stay tuned.
Meeting galore
I spend nearly half my day in meetings. Maybe 10% is useful; the other 90% is managerial BS. Making managers feel busy? If a meeting can’t wrap up fast, it had no purpose from the start. At WF, we don’t solve problems, we just schedule them. — read more
7/22 Should be BIG
After 60 day notice, 7/22 is the last date that avoids bonus payout (cutoff date 9/30 to be eligible) and conveniently avoids Q4 numbers. I'm hoping to make it to 8/5 or later just because of this.
Wells Fargo’s goals
Did anyone notice the statement in the last town hall was a focus on fee driven income? If the goal switched to focus on actually helping customers it would help employee morale (this and halting layoff)…maybe instead of fee driven income as a... — read more
Raymond James analyst downgrades WFC, Cramer not happy so there must be something to it
https://www.cnbc.com/video/2025/07/09/wells-fargo-stock-gets-a-downgrade-the-analyst-behind-the-call-breaks-it-down.html Maybe that Raymond James analyst needs to hear even further info to justify even further downgrade.
Is smart lockout a mechanism to get rid of people?
Recently I changed my password and other people in my team have done the same thing, however; when we did so we were not able to access any application that's associated with the cloud that includes email and teams. I was told by the cloud support... — read more
Cybersecurity is being targeted for Tuesday
For those who may not be aware the CISO and his executives are non-technical managers and they have no idea what they are managing in the realm of cybersecurity. They rely on Microsoft and other third party vendors to tell them how to do their job... — read more
Retirement
I’m 41. I can potentially retire in 10 years with the rule of 80. What should I start preparing for & my expectations?
Happy Friday
How many more poor soul WF is removing?
Behind the Unraveling of Wells Fargo’s Rewards-for-Rent Credit-Card Partnership
The partnership with Bilt had been scheduled to end in 2029, but Wells decided to exit early after it became a money-losing venture, according to people familiar with the matter. Wells warned Bilt it could change the card’s terms otherwise... — read more
It’s not anonymous
Why is Amazon blue collar workers forcing me to work with them and illegally block me from a paying job. This is a felony at all levels from federal to city county and state I do not want to work any place on earth that pays no money Not to... — read more
Writing the word "text" in Teams is forbidden!!!
(Verse 1) I send a smiley face, you hit me with a gif We’re talking office memos like we’re cracking up a myth Typing in the shadows, emojis on the sly But Big Brother’s watching through that corporate Wi-Fi (Pre-Chorus) I saw the bubble... — read more
Those who can, do. Those who can't, work office jobs.
AI is blowing the lid off the decades-long charade that office work is essential. We all know that a vast majority of office work isn't really needed and never has been. Now that we're all in agreement on this, how do we collectively plan to... — read more
PDX Tower
We gone, nice working with y’all
Chandler, AZ Campus
Anyone know what’s happening at the Chandler campus? Last week and this week I noticed a guy walking around with a 360 camera taking pictures of everything, including every individual cubicle, hallways, walkways, lunch room, cafeteria, etc.. At... — read more
In office
I have been completing 8 hours day, 3 to 4 days a week in the office weekly. Is this the average?
Is Charlie prepping to serve his mentor?
Wells has quietly (-ish) shrunk it's workforce from ~270k to ~190k under his tenure, with more coming. That's a 30% trim. Charlie got his start as a family friend of Jamie Dimon, CEO of Chase. I have been wondering for the last couple years if... — read more
Do layoffs ever happen during midyear review?
I don't mean coincidentally, where the layoff just happened to occur the same day/week as the midyear. I asking if a layoff if ever built into a midyear review? Everyone knows that layoffs aren't always strictly budget. It's also used to get rid of... — read more
The Layoffs Truth
The purpose of recent technology layoffs isn’t about cost-cutting. Rather, it’s about removing individuals who don’t align with the interests of mobster groups within Wells Fargo. If the real intent were to save money, they might consider letting go... — read more
Anything interesting in audit recently?
Any layoffs, or other interesting things occur in audit recently?
Benefits end date when severance ends?
Hi. I have searched this site and haven't been able to find this answer. If your severance ends in the middle of the month, do your benefits continue through the end of that month? Or do they switch off at the exact time the severance ends?
Just laid off
Fck Wellsfargo. BU: Technology
Potential Required Absence program impact
Anyone get this email stating "Get ready for potential Required absence program impact" .. It says You have been identified as an employee who performs sensitive tasks or influences employees who perform sensitive tasks... them it says you may be... — read more
Five years with WF — it’s enough
Hoping I get caught in the net one of these days. I’m currently negotiating another job, and it has nothing to do with banking. For the first time in a long time, I feel hopeful.
Any info on adcc? Specifically "Dispute responce?
I've heard mixes messages. Roanok VA, plantation rd.
July 22, 2025..What are the chances?
There's a group of us scheduled for a meeting next week with two senior leaders. We are wondering if they might be preparing us for being displaced on Tuesday, July 22. (Tuesday after our next payday on the 18th).