Question to anyone who has been displaced - How was the resume service provided by WF? Should I wait until I'm displaced to use that service or hire someone to work on my resume sooner than later in case the services are poor/lacking quality? Thank... — read more 

Are they consolidating building in core hub.? Any pointers.?

We are playing with fire. Constant chaos. Constant lies. Tons of in-fighting. Most people keep their mouth shut because WF pays higher than competitors. How does this story end? It’s 2024. It will likely end with someone getting video? ... — read more 

Work from home regulations for banks are changing, and some of the industry’s biggest players would rather bring employees in five days a week than make the effort to comply—including making regular inspections of workers’ homes. During the... — read more 

All my US team of Citizens working for over 5 years are given termination notices saying we are moving this entire project to India and India team has been sent for training to learn from basics of coding. Total unethical, senseless and no logic or... — read more 

Young people, please think twice about giving this company too many years. I wish I had taken that advice.

https://www.cnn.com/2024/05/25/business/red-lobster-bankruptcy-thai-union/index.html See if this sounds familiar

https://www.masslive.com/westernmass/2024/05/wells-fargo-offers-24k-to-family-to-move-out-of-foreclosed-home-will-they-take-it.html

Can we sue Wellsfargo for unsafe workplace?

Facing a layoff can be challenging, but it can also be an opportunity to explore new paths. Here are some creative ideas to consider: Freelancing or Consulting: Leverage your skills to offer freelance or consulting services in your field. Platforms... — read more 

The recent panel our illustrious incompetent leader TK was embarrassing. McClure from Accenture makes TK look like a third rate waitress at an expensive bar. TK should be known as parrot. She just repeats what others say in her own middle school... — read more 

Wondering what the typical Senior Quant salary is

If you have been laid off how long did it take to land a new job? Although I doubt the people who were laid off are on these boards now.

Many commentators on this board believe that employees in different geographic locations that are paid differently because of the cost of living of their location are, although being paid differently, roughly equivalent in their situations (i.e... — read more 

Chatted with HR to ask them to remove the 5 DEI classes from my profile since they’re not mandatory. They refused since ‘DEI is a core principle of the company’. Can’t make this stuff up.

How much does a typical tech/ops employee hired by Wells make in India? How does that translate into our standards? For example, even if they’re making $40-$50k, it may be worth $150k here. What % of the efficiency/productivity do they yield... — read more 

Why is everyone in Tech feeling the pain from the big failure in Payments? More layoffs to follow for sure.

If not, why? All of our peers have meaningful businesses in other economic and asset centers outside of the US. Why are we so behind? Or does the management actually have a philosophical belief or worldview that the rest of the world will fall apart... — read more 

Came across this article today. Maybe our cyber security folks will read it and get the hint https://www.pcmag.com/news/google-stop-trying-to-trick-employees-with-fake-phishing-emails

In times like these, where we have been made to feel fearful for our livelihoods, its easy to aim downward and denigrate the WFIP workers. Its true the quality of their work is inferior. But its also true they make 1/3 or even less than that of what... — read more 

Anyone part of the job share program and actually stayed on full time?

Not Iselin, NJ, actually India. Training has been taking place for a few months now and they want to expedite things. It’s only a matter of time.

They released the strategy months ago, but I haven’t seen or heard anyone be laid off/moved yet. Anyone hear any info yet?

Hugh mess-up for the bank. Seems like someone has to be accountable. Add one more to the layoff list.

Writing is on the wall. My manager has been busy with secret meetings. Next month is going to be intense. Here we go.

Just read this article: https://thefinancialbrand.com/news/data-analytics-banking/artificial-intelligence-banking/ai-to-shake-up-bank-employee-ranks-but-now-how-you-think-178007/ While AI is changing the landscape, human expertise will still be... — read more 

Has anybody who's been displaced had a lawyer review the 'Agreement and Release of Claims' document before signing it? Have any concerns or recommendations been given?

How much is she making?

They are small part of wells. They don’t seem to offer anything special in the market. Even if it grow after asset cap is lifted will not make much difference to the bank

first, i know im an id--t for taking out a 401k loan. had a life sit where i had no choice. expecting a layoff (medical exception for remote, but still going into the office some days) and wondering if the loan comes out of the 401k funds or out of... — read more 

Major shakeup in auto in Raleigh.....last week approx 95% of CS and Collections were informed that they will be moving to CSBBO starting on 6/3. No word on what will happen to the 20 or so who were not selected to transition, which includes many many... — read more 

Well. HR reviewing my case today to remove my wfh status. So today I fall victim to the corrupt system. I hate this place. I Quit!!!!!

Isn’t this just documenting everything you do, every single thing you do, for it to be offshored? Just wondering your thoughts.

Please comment

Does anyone know anything about next round of lay offs for EO complaints? Noticed they posted for a June class for overseas job openings...

Looks like risk has already been hit to some degree - and may be clobbered further - but what about audit? Is CS keeping his hands off of this group.

Some of us were not always remote (and not remote due to c19). Many of us were moved out of office due to previous business decisions or hired in remote. The location strategy decision will displace many with valuable institutional knowledge. It... — read more 

More executive leadership of functions being sent to WFIP. SP’s empire grows as he’s absorbing more and more of tech into the COO.

I always thought my small team could be on the chopping block but we just hired someone to backfill an open position so this tells me we are safe?