Morning is already ruined . I went outside to grab a smoke and sip on some coffee, when I noticed the next wave of terms being walked out. Can't a guy enjoy some coffee before being bomborded by request for updates?
IRA quesion
Any IRA representatives here on the layoff board. With Wells Fargo closing inactive accounts, I read an article that said they'll send a check to you if that happens. I have an IRA, I never make contributions to it since my tax advisor said it... — read more
Wells Fargo Ordered To Pay $832,000,000 in Damages After Jury Finds Lender Mismanaged and Charged Unauthorized
https://dailyhodl.com/2025/04/05/wells-fargo-ordered-to-pay-832000000-in-damages-after-jury-finds-lender-mismanaged-and-charged-unauthorized-fees-on-a-trust-fund-of-2000-children/amp/
WARN Notice - Florida and California
Latest WARN notice says layoffs in Florida and California. This is the 90 day notice they are required to give.
Will Wells Fargo survive Trump’s tariffs?
I’m down in Charlotte and it definitely feels like all the banks are failing. How will they survive the downturn in stocks?
Innslake “campus” Glen Allen VA
Does anyone have any insight into when the Innslake buildings in Glen Allen will be shut down and technology FTEs displaced? Specifically wondering about technology since it’s not a hub or campus location for technology like Charlotte, Hudson Yards... — read more
Where are y'all finding remote jobs?
Can you guys let me know sites where you can find 100% remote jobs? All I find is hybrid .
DEI and Info Sec
Now that it’s established that DEI was useless and unfair why is the following still true? CISO is a liar and incompetent and Indian Head of App Sec is also incompetent and Indian. & Both of them are continually visiting India to hire more... — read more
The hits keep on coming!
Another settlement… https://www.palmbeachpost.com/story/news/state/2025/04/04/wells-fargo-bank-ordered-to-pay-826-million-to-seminole-childrens-trust/82754101007/#
Why not levy 26% on jobs (wages paid) outsourced to India
and Indian H1-B workers (wages) imported ? America first? Charlie Schart’s offshoring American jobs and importing Indian workers are anti American workers ! It’s only fair that corporations also bear the costs of import tariffs! Further BRIC... — read more
Taxing outsourcing
When Trump imposes tax on services imported from India (our outsourced jobs), Wells Fargo will get an advantage ahead of it’s competitors who are more heavily entrenched in India. Together with asset cap lifting, this can make Wells a serious player... — read more
I’m not taking this job seriously anymore
I’m just trudging along, avoiding overtime when I can, and waiting for my turn. I don’t care about the economy or how things will unfold. I don’t care how hard it will be to find something else. We’re heading into an even bigger sh-tshow, and there’s... — read more
GRWM
To search for jobs on workday after I had to filter out 90% of the professional white collar jobs that I used to be able to choose from and work towards because this company only hires Indians now.
Zeus has spoken
Finally got the word yesterday I’m caught up in the wave. A date has been set. I was told it would be communicated soon between now and the end of Q2. Signed somewhere in North Carolina
MVP Event in Orlando
Was super fun. Anyone else here go? I wonder if there was any union supporters there?
GenAI Town Hall
All I heard was 70+ hired in India
What is going on with Conduct Mgt reorg to HR?
Anyone have info on this re-org? We received notice that it’s now delayed from 4/1 to 4/30. There has to be duplicative roles I’m assuming another big wave of layoffs once the org is official? What are Hr hubs?
4/1 Layoff Count
Almost 500 people downsized, and we're officially back to averaging over 1k a month, just like the peak layoff seasons the last few years. FHY.
Wells Fargo closing Inactive accounts in April
https://unionrayo.com/en/wells-fargo-to-close-inactive-accounts-april/
Layoffs in general.
This may have been ask before. Please forgive me if it has been. Does Wells Fargo do layoffs on a non pay week. Meaning not the Tuesday after payday. I'm in a group that's not in a hub and my job is going to another state. Replacements have been... — read more
I used to like working from WF but now it feels dirty
I used to think working for WF was nice and had no complaints about the company. I obviously didn’t love every job, manager or teammates but overall I thought it was good. Now with everything going on it just feels like slimy and dirty. My gut is... — read more
April 2, 2025. Wells Fargo warns risk not small, but expresses longer term optimism
https://www.forexlive.com/stock-market-update/wells-fargo-warns-april-2-risks-not-small-but-express-longer-term-optimism-20250401/
Not Pro-Union, but agree jobs shouldn't be going to India, Risky
https://inequality.org/article/wells-fargo-ceo-pay/
Wells Fargo in the top 10 list for laying off in April
https://www.newsweek.com/full-list-companies-laying-off-employees-april-2053187
Did Q2 2025 13 week RTO reporting cycle start on March 31?
I've been on leave and my manager is on PTO next 2 weeks. Did Q2 2025 13 week RTO reporting cycle start on March 31? If not, than when did it start?
Charlotte Layoffs
Laid off from CB Process Improvement/Process Engineering team today. What other departments/groups got hit?
6 months extra severance added
I complained about possibly being targeted due to age and they added 6 months extra severance. :)
april fools 4/1
who is under the chainsaw today? department, location and role??
$22m ADA case, Wells Fargo
It won't let one read the whole story, but the headline and the first few sentences says it all.. https://www.law360.com/articles/2318100/judge-won-t-let-wells-fargo-duck-bulk-of-22m-ada-verdict
Cloud needs to go
Was one of the unfortunate (mandated) early adopters of The Cloud, coming off WAVE and it's awful. Constant computer updates whether at home or in office. Stays connected for days, random issues with microsoft products not working. The technology... — read more
RTO Officially in goals
in tech we have had RTO Added as a goal in workday. and it has to be six hours and 3 days per week, no working 5 in one week and only 1 day the next week… so i’m wondering what is happening with the random remote people, what’s in their goals??? — read more
Negotiable Severance?
Has anyone experienced parts of the severance package being negotiable? If so what specifically got negotiated? Length of time-frames... Healthcare... Other comp?
How long until I receive the release request and package info?
Laid off last cycle, how long did it take others to receive their release and package information? I have looked in my spam. I'll call HR, just thought someone might know from experience.
1/2 Day off for Community Service
Does 4 hours off for community service count as a day in the office for tracking purposes, similar to how 4 hours of regular PTO does?
Rumor has it ECR being hit this week
A lot of movement in the ECR recently. Between leaders and executives being laid off or “retiring” and groups centralizing, curious if the rumors are true regarding layoffs this week or restructuring groups to centralize.
Corporate Risk under Jennifer Ruggiero informed of in office hour expectations
Corporate Risk under Jennifer Ruggiero was informed that employees are expected to be in the office 8 hours a day 3 days a week with no exceptions unless you submit an accommodation or your manager approves a one off request. For the past five... — read more
Today is Boise’s last day before being laid off tomorrow.
Well, it’s been fun. Unfortunately, there are no jobs available in Boise as we are not considered a core-site. Only a handful of entry level jobs in the few branches in the area. Didn’t think my WF career would end like this. Wishing everyone the... — read more
OCC-Wells Fargo, January 14, 2025
https://www.occ.treas.gov/news-issuances/news-releases/2025/nr-occ-2025-3.html
Location strategy- Wave 4
Does anyone have any indication of when CSBB wave 4 will get their notice?
Manager told me he has to let go of P5’s and P4’s in order to hire P3’s and lower
Recommendations and advice on your thoughts are appreciated! For awareness, I am a P4; remainder of my team are P5’s and P4’s. I’m on a small team in Control Management and my manager recently told me that he has to let go of P5 and P4 level... — read more