Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

PTO after Layoff Notice Date

How does Wells payout any unused pto after the notice date? Also, what happens if ur in the negative balance on ur pto, are you required to pay that or is that automatically taken out of ur check or severance?

Affluent, Affluent Away!

My branch has become a magnet of complaints from customers who have urgent needs but won't be helped because PBs are overwhelmed--or some just won't care--, and premier bankers won't assist somebody unless they have $250k. There are more premier... — read more 

CM as Tech Head

What’s the consensus on CM-digital CIO? Does he have the skills to run all of tech if TK was out or do they need to recruit?

Financial Network is where it’s at

Advisors are bolting at record pace to independent arm of Wells Fargo. Heard they don’t even check compliance there. Our team is leaving next spring. Can’t wait

Just So Sad

Just read an article on a website that had referenced the recent Wells Head of Technology (TK) and Accenture Head and the recent stage discussions. It is so Sad to see TK on stage with people who just run circles around her. I am sure those others... — read more 

Right? Right? Right? Right? Right?

Hi Upper Midwestern coworkers, Say, we've had this talk before but we need to have it again. Constantly saying the word 'right?' multiple times in the same sentence makes you sound like a sheltered geek. Let's look at an example... Normal... — read more 

Major change is coming in Risk

Charlie, board, and regulators are getting impatient with the pace of progress. Company is finally starting to admit asset cap is hurting the bottom line and new risk leadership is needed.

Blueprint for the WF Panopticon

US Patent 10,719,799 JPMC's patent for its Orwellian employee monitoring apparatus. https://ppubs.uspto.gov/dirsearch-public/print/downloadPdf/10719799 Coming to a Wells Fargo Hub near you!

Seems everyone is doing it

https://www.reuters.com/business/finance/jpmorgan-grow-india-headcount-by-5-7-next-few-years-senior-exec-says-2024-05-30/

Why layoffs are being driven by HR

Middle management isnt objective. They can be biased by personalities and team dynamics. Just like JP Morgan who they aspire to be, WF upper management is creating an all powerful employee surveillance state. Decisions will be made on data and not on... — read more 

Employee Depreciation Week

That's what it should be called because thats what US employees are to them. Depreciating assets they want to get rid of and substitute with other human assets that will give them a better return. Other "assets" they can accumulate them on the cheap. — read more 

TFG fluffers very quiet today

No, this doesn't have to do with layoffs. It has to do with countless colleagues we sit among who lack a moral compass.

CIB Townhall with the new Head/co-head

Did anyone attend the townhall yesterday ? The new x JPM co-head kept talking about how CIB has a lot of potential but did not mention any concrete plans on how they plan to grow the business. More importantly, the entire talk was on growing... — read more 

How I Know Wells Fargo DOESN’T Care..

North Texas employee here out of Irving. We had some horrible storms the other day (Dallas was declared a disaster area) with over half a million people without power as a result. Normally I would expect the company and direct management to reach out... — read more 

PTO pre layoff

So I tried scheduling some PTO in workday for December, my manager had to approve it. He said that has never happened before, and that was weird. Has anyone experience this??

Would you take a role at PNC?

Considering a role at the PNC where the base pays is same ( no pay increase). This role is in Corporate. Given there is no pay and not sure about how the bonuses and PNC looks like I was wondering if anyone has worked at both wells and PNC Bank and... — read more 

AI taking over Branches

We are being, paid to loose our jobs. Wake up people. That's why they don't want us to become a union.

the silver lining in these layoffs

the silver lining is we get to see middle management bleed. these do-nothings who don't do actual work live in fear just like the rest of us peasants. chainsaw charlie doesn't give an F about those kulaks. The Great Layoff Forward and DEI Cultural... — read more 

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| 1400 views | | 9 replies (last May 29, 2024)
Post ID: @OP+1sKECJBt

May 28th layoff report

Please post the LOB, approximately how many were affected and types of roles, and if core hybrid or not. Please no other postings about rumors etc , just what you know to have happened today.

Lists already made

Received notice that my voluntary move to a specialty location was denied. I was outside the 40 mile commute. Before all those locations were revealed many months ago, they got lists together of whom would be within 40 miles. Those were told to... — read more 

June 25th Bloodbath

Spoke to someone in the know who said June 25th is going to be a massacre. Even senior management will be clipped. Charlie is sharpening his Ginsu

Which cloud certification is the best for our career?

I was laid off recently and looking for a career with a different company. I currently do not have any cloud certification, but planning on getting one. Among AWS, Azure, GCP, which cloud certification will be the best to land a new job?

Our Hall Monitors

So in addition to FINRA rule, does that also mean there isn't going to be a need for our hall monitors?? I am sure those still at WF got the email about having people watch everyone swipe in and out of our buildings?? Making sure we all put in our... — read more 

BEFORE EVERYONE FREAKS OUT ABOUT THE FINRA RULE (RTO/5D)

In Home Office Inspections wouldn't affect most of you. (link below) "FINRA Rule 3110(c) requires that home offices or non-branch offices where an associated person engages in specified supervisory activities are treated as offices of supervisory... — read more 

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| 2270 views | | 12 replies (last May 28, 2024)
Post ID: @OP+1sIB5NcN

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