Does anyone know when cash balance payout occurs? Is it after the 60 days notice period?
oh look another Chase hire
new head of cards and merchant is a Chase expat. are we leaving any talent behind at Chase these days? so much for internal promotion bench strength, huh.
In person voting
Does anyone know if Wells gives employees any PTO for voting?
401k match
If I was laid off in September but then hired back in November do I get my 401k match?
Have been here in a while…when did the unions take over this site
Came here looking for layoff news All the union pushing nonsense and spam on here is a waste of time and is not McCool at all
Interference with Wells Fargo Union
Wells Fargo is the only large US bank with a growing union. Apparently, the firm is interfering with that effort through intimidation tactics including layoffs. That approach is illegal. The message to Charlie Scharf is simple: don't use thug... — read more
Note of the Day
By end of year 10 percent or more of us will be eliminated. CRE losses. New reg issues out. New leadership shaking the heck out of org models. Frozen hiring budgets. 5 to 1 offshore hiring. Focus on yourselves. The company is not going to do it for... — read more
I’m sick of people rationalizing Charlie & Co.’s self-serving leadership.
“(Fill in the blank) is not a Wells Fargo C Suite issue. It’s a Corporation C-Suite issue.” In other words - you are watching Wells Fargo’s leaders destroy middle-class families, put out a mediocre product and consistently exploit their... — read more
Relocation Strategy
So basically Wells Fargo is eliminating jobs in states that have tougher labor laws for employers and where it's easier for workers to unionize, and moving those jobs to states where the employees can feel the brunt of the whip. It's a strategy to... — read more
Anyone else having issues with this site on mobile (iPhone + Chrome)?
Sometimes, no matter what I click I get redirected to an ad in an entirely new window.
PTO pay out
Is pto paid out on your 1st check during severence or your last check in your notice?
Cause of Death Revealed for Wells Fargo Worker Found Dead at Desk 4 Days After Clocking In
https://people.com/cause-of-death-revealed-wells-fargo-worker-found-dead-desk-8704783 What’s this union they mention & how can I join?
Retirement
Why did most companies pivot from pensions?
Banker connection
Ppl dropping like flies here. Anyone know the magic number before bye bye 👋? Specifically Salt Lake City hehe
What's the most ridiculous pushback you've gotten at your job?
My new favorite is people getting emails for general awareness and complaining about it to the sender who is just doing what they've been told to do. Use your great intelligence to figure out if it's not relevant or not, and if not, just delete them... — read more
If you had the opportunity to pose a genuine question at a Town Hall meeting.
If you had the opportunity to pose a genuine question at a Town Hall meeting, what would it be? I will begin. This inquiry is directed towards any Leaders Town Hall. Given the ongoing transition of jobs to I&P for cost-saving purposes, why is... — read more
Everyday Banking Lower Ratings
Get ready! We just had a meeting with Site Leaders and they are asking of us to lower the ratings don't go off the PM calculator tool, if you have a Team Member at meets find a way to drop them to inconsistently meets. You can be a level 4 or 5 but... — read more
PTO payout for Nov/Dec layoffs
If I have 10 days PTO left in the year and get laid off in Nov, will that be paid out in full or since the non working notice runs thru Jan and at that point PTO resets, I lose the 10 day PTO payout?
Wells Fargo may lose up to $3 billion on its office building loans
Wells Fargo Chief Executive Officer Charlie Scharf said on Thursday that the U.S. lender may lose $2 billion to $3 billion on its commercial real estate office loan... — read more
Burnout
Why even bother with layoffs when so many people are already leaving? Burnout is real. It's driving employees out the door, and they’re taking their skills and experience with them. But does Charlie and the rest of the leadership care? Not really... — read more
Wells Fargo news in just the last 3 days. Why do investors want to own this bank?
Chief Executive Officer Charlie Scharf said on Thursday that the U.S. lender may lose up to $3 billion on its commercial real estate office loan portfolio. Wells Fargo has received an average recommendation of "Hold" from the twenty-one brokerages... — read more
Scharf and the OC is freaking out about the union drive
Heard that at the last meeting Charlie was raging that they're not doing enough to stop it. Saul, Ellen P, Scott, Beiling, the new Bill Daley are all under the g-n to stop it. LOL
Wells Fargo will make sweeping cuts in Oregon next year, moving jobs to other cities
https://archive.is/2jYCw WF refusing to answer anything as per usual... shifty af
Stop lying
I’m so sick and tired of being turned down for jobs within wells. We’ve been told that we can transfer if we find something in another state even in a hub city. It’s all a bunch of bullsh-t let’s tell it like it is, why would you post any new job... — read more
RTO is such a mismanaged sh-tshow
It’s not that they do not care. It's worse. It’s a sh-tshow by design.
Do you count as going to your assigned location if you access a different location during the day?
What happens if I go to my assigned location but I need to access the other WF building next to mine since the building I’m in has no cafeteria? Am I going to show up as not going to assigned location? PS RTO is a fu--ing joke….
References / Recommendation Letters
Recently displaced due to location strategy. Maybe I missed this or somehow glossed over this with everything else going on with the displacement. Is it true it is against policy for existing WF employees to provide references or recommendation... — read more
2nd Thoughts
Does anything happen to your severance if you apply to a lower paying job & then decide to not take it?
Wells Fargo named in Infosys attack affecting 6M
https://cybernews.com/news/wells-fargo-named-infosys-breach/
Non working days? Paid or not?
An estimated possibly lay off date is approaching and I am just trying to gather info. Will the non working portion of the notice be paid or unpaid? And is Severence biweekly or one time payment after that? Anyone have any theories on if Salem... — read more
Leave of Abesence - Way to get off of the lay off list?
I have been with WF for 16 years. I have never seen so many associates in WFA on leave of absence. Gal next to me was on it for 9 months. No idea why. Email is not ZZZ out so not pulling disability. Another guy has been on it for 3 months now. ... — read more
Tracking hours in 2025??
I heard there are steps being taken to track us how long we are logging into the network while in the office. If we are salary, how will that even work?? Anyone else heard of this?
Maximum Raise percentage???
Quick question. If you are going for an internal job that pays more money, what is the maximum raise you can get from your current salary. Can you get the maximum of new job salary or only mid point? 20% from current salary? Hearing so many different... — read more
Community Service time to vote?
Is voting a qualifying use of Community Service time away?
Can you see salary continuation paystubs in workday after the 60 day notice is up or do they just happen?
How do I know I am going to get the severance checks? Notice period ended 10/18 and I received an offcycle check with accrued PTO pay out but 10/25 is the next regular pay date and there is nothing showing in workday.
How can I fail upwards?
My boss has been with Wells Fargo for over 20 years, the biggest thing he is capable of managing is a bunch of teenagers working as baggers and cart pushers at a local grocery mart. I work with lead engineers who couldn't lead a dehydrated donkey to... — read more
Overheard on a teams call, "None of these issues with India are new to us."
The realest assessment ever led to quite the outburst of laughter from those who heard it.
Gee. Wonder why?
Year end review I wrote su-ked and they wanted to know why? 🤣 Lmfao 🤪 JFC !