Is severance paid out weekly or can you lump sum payout?

A few of the comments suggest that a lack of legal action is somehow proof that Wells Fargo must not be a toxic work environment. This is a poorly veiled attempt to discredit/minimize employees’ legitimate complaints regarding Charlie’s consistent... — read more 

We at WFA have seen a number of FAs leaving for this startup founded by ex-WFA execs. Anyone have the scoop on this company? Worth looking into home office employment opportunities?

What outrageous fees can I expect when I no longer receive the employee benefits from banking with WF? Wondering if I should be proactive & withdraw all my money now.

I know these vary by business group, but are they six-week or eight-week rolling averages? I am leaving the company after bonus, so I am trying to figure out when it’s safe for me to stop going in.

I am surprised that with all the toxicity being reported the Bank isn’t being sued more for violating labor laws. Is the Bank management just careful or are employees simply not pushing back, or a combination of both? I see a couple of cases, but not... — read more 

News started spreading after the town hall that layoffs were starting soon and some were already offered relocation, some people were moving already or about to start moving. Anyone heard anything or can confirm, Which locations going?

Has anyone lost out on severance by some technicality? I’ll be expecting mine in a couple weeks & I am stressed that WF will somehow not pay me.

I don't know about the area you are in but in my area the Health Plan Rates increase 20-35% for 2025 depending on the plan. People on medicare pay less and have better coverage.

Iowa Worker Adjustment and Retraining Notification (WARN) reports that 32 workers will be laid off in late December. This brings the total number of workforce reductions in the metro to 334 this... — read more 

EXECUTIVE OFFSHORING For years now, the Senior Executives have touted the substantial benefits of offshoring US jobs. That being so, offshoring should be embraced at every level of the organization. The next logical step is to export the jobs of... — read more 

I used to be able to select the number of hours since 4hrs counted as in office.

https://www.desmoinesregister.com/story/money/business/2024/10/30/wells-fargo-layoffs-jordan-creek-west-des-moines/75946369007/

Looks like 500-600 more got downsized this week, with almost all of them in COO. Very little impacted on the other groups this particular round. As usual, F SP. Worst WF employee in history.

https://data.usatoday.com/see-which-companies-announced-mass-layoffs-closings/ WF is the only company that has pages & pages. Search Citibank for example.

I am a displaced employee with severance and benefits running into next year. I went to modify my benefits but don't have that option in Workday. Called the benefits hotline (India representative of course) and he was like yep, you don't have the... — read more 

My boss used to be amazing but after a long, nonstop crazy amount of work within a year, I was burnt out and started doing things I normally don't. I had my 1:1 and spoke with her. She took everything personally and now after to get me. She talks... — read more 

My manager seems like she spends most of her days just gossiping with old coworkers. When given an actual task to complete, she is outwardly negative and sad, if not outright hostile. Is this typical here at WF?

Can someone explain the salary adjustment for a promotion. Some people are saying none and others are saying you get one but only at year end. Huh? So what happens if you get a promotion in March? Is this the same for taking a new role that’s a jump... — read more 

I understand that relocation will continue into next year. I’m not among those noticed already, but I expect to be at some point. I just wish I’m done with making that decision and can move on. I do not have dependents, so the decision is just on me... — read more 

I've been following this board for a few months, and that seems to be true so far, but I'm not sure if it's a recent trend or something that's been happening for a while and is already well-known. I've been with Wells Fargo since the start of the... — read more 

Reflecting on a coworker who didn’t inform anyone about his retirement; he simply finished his last day and left without returning. 🚀

Anyone have their system access cut off but not told you were laid off? Who would you reach out to?

So it looks like they are moving away from "divisional" compliance people sitting wherever they want in the Division. Now they are making people reapply for their jobs and must sit in their complex. Whats the reason?

Anyone knows what do they mean when they say Speciality market locations? Are they going to be closed as well? No trolls please, or insensitive jokes, people and families are already going through a lot.

WIM OPS hit hard all across the locations today I know of about 20 in my ops group displaced

Well they just let go all of escalations representatives at the Barnhart center today

Why is DF lying? We are 100% in India to cut employee costs.

Who, LOB, Manager, location, # released.......thanks!

Who attended this townhall ? Full of new leaders lead by John Langley. Everyone spoke about growth across all the businesses but in the end a question was asked on how much of the “efficiency” is related to employee cost reduction and John Langley... — read more 

My cube mate tells me he has not had anything productive to do in weeks after their manager resigned. Is this common? I have only worked here for two years.

A $185 million Wells Fargo settlement resolves claims the bank placed mortgage loans into COVID forbearance without informed... — read more 

The string of promotions awarded to people who didn't earn them has really set us back over the past few years - not only because they have no idea how to do their jobs once promoted, but because the people who actually deserve recognition end up... — read more 

Anyone have any knowledge of location strategy for 2025? Is it still a plan? No one seems to know anything. I’ve quit clicking on this site much for that reason.

Does anyone have a list of when benefits are turned off for the different stages of being laid off? For example, when does hsa contributions stop? I heard your medical plan stays through the entire severance period but does your hsa contribution... — read more 

Has anyone heard anything in Consumer Lending regarding location strategy? My boss tells me they haven’t heard anything in months and no one I’ve talked to has said a thing about having to go back in yet. Any news or whispers about consumer... — read more 

Get your life insurance coverages, yall. You know, in case we die working in this shthole .

I am considering jumping to Truist. Any bad, or good experience compared to Wells. I see quite a few people jumping ship to join them. I cross posted this question to compare responses.

Are there any Chainsaw predictions?

Does anyone know when cash balance payout occurs? Is it after the 60 days notice period?