Every single meeting larger than our immediate team, management somehow drops an anecdote about how wonderful the donuts are or what a wonderful chance encounter they only could have while at the office.
PTO accruing during 60 day Period
Technically we’re still FTEs during this time period. Do we continue to accrue PTO as well during these 2 mos?
5/16/24, Public news posted 4 hours ago
https://www.investmentnews.com/advisor-moves/news/raymond-james-welcomes-900m-team-from-wells-fargo-253445
The headline of this 4/18/24 Reuters story though. Lol
https://www.reuters.com/breakingviews/wells-fargo-has-worn-its-dunce-cap-long-enough-2024-04-18/
The Wells Fargo Spiral
Wells Fargo is a total snake pit. If you want to protect yourself from lay offs and office politics, read a piece titled The Hatchet Man's Playbook. It's all about the dirty tricks management and unscrupulous co-workers pull to get ahead and how to... — read more
I will be laid off on 5/28, anything I should be prepared for?
I was just told indirectly that I will be displaced on 5/28. Reason being I have least tenure (I joined this position 8 months back) and FTE with WF since 2015. I know the decision is made, but anything I can do to be better prepared ? I am so... — read more
June layoffs is going to be larger
There’s a large layoffs before closing next quarter. Source: My manager
AI really is going to decimate the white collar job market
I just came from an AI presentation and let me tell you, this stuff is real. If you are not producing tangible work products on a daily basis that isn't easily reproducible, then you will likely find yourself along with thousands of others trying to... — read more
Train your replacement
If you were/are an hourly employee required to train your replacement, were you required to work extra hours or adhere to their schedule to do so?
Iowa WARN Notification 05/14/2024
The Iowa WARN notification was just posted from the 5/14/2024 layoff and a total of 24 souls were displaced from the Jordan Creek offices in West Des Moines.
Job market is awful!
Don’t believe the low unemployment numbers people. I’ve been looking for months and it seems impossible to get an offer, for every posting there are like 500 candidates.
Advance Notice?
It seems some people were told in March that they would be included in location strategy wave 1, which seems to have been May 14. I am remote in a non-core location, hoping to get the golden ticket. Is there a policy of notifying impacted employees... — read more
"Zz" Email address
Yesterday afternoon ~15 long tenure coworkers showed the dreaded "zz" email addresses. They were from both small business deposits and digital, some but not all, worked remotely. WF is in a downward spiral cutting loose TOP TALENT to reduce expense... — read more
Wtf is employee appreciation week?
Saw this in a managers email today, happening in June.
Are they doing any layoffs in Minneapolis?
I’m not a WF employee but I just got an interview there and would relocate. It sounds like it’s a mess, but is maybe that’s not the case in Minneapolis? Also, how do people like Minneapolis? I would be coming from the west coast. — read more
May 15, 2024 public news article
https://www.newsbreak.com/boca-raton-fl/3441678962704-lawsuit-accuses-wells-fargo-of-aiding-and-abetting-alleged-ponzi-scheme
Winston salem
Heard that winston salem’s getting the boot in july… Is that true?
Bham
So when is Bham set to be laid off?
India & philippines
So who will reps transfer to when customers say they want someone in the US after the layoffs are done?
News article
Appears the bank made a 130mill loan years ago. Finally foreclosing on the green towne center. According to this real estate guy the bank could loose 10's of millions after all is said and done.
Communications outsourced to India
This should be fun for our customers.
Workplace Ambassadors?
What is the reason for having two individuals sitting in the 550 building lobby every morning doing nothing? And who is paying for this? Do we really need workplace ambassadors? I have yet to see them talk to anyone. In the meantime, staffs are... — read more
Layoffs in India today
There were at least 20 people with rumors of more later.
Layoffs in CCOG under TH
lost people in CCOG org under TH... TH had the courtesy to let people work all day and then notified them at the end of the day. She is such a tu-d of a leader.
Public news article
https://www.ctinsider.com/business/article/wells-fargo-branch-closing-meriden-19454732.php
Oregon/Barnhart
No layoffs here today. The gloom inside the office is heavy and everyone is just waiting for their time.
Medical Exception Remote
I am in notice period now, and have been working remote last 10 months as I got a medical exception (due to my medical condition attested by my Doctor)... Was I let go because of this ? that I never came to work in person? that is because i had... — read more
Should I lie about still being remote?
I have been 100% remote since I’ve been at WF, and sometimes people ask me where I’m located. Should I not say I am remote and keep my head down?
Can I accept another contract employment after my severance kicks in ?
I am on notice now.. that ends beginning of July... Can i accept a contract position mid July? Will I still get my full severance and notice period pay? Are they (notice pay and severance) paid lump sum or bi-weekly or monthly?
Wells Fargo social media team has removed the post encouraging you to share your department/location when they lay you off.
If they had it their way, there would be zero discussion regarding the layoffs. While perfectly within their right to lay us all off, they want it done quietly. It is all about optics. All the more reason to provide your department/location when it... — read more
Severance & Workday
My notice period just ended on May 3. After that, my workday access was reduced. For those that have gone through severance, will my pay continue to show in Workday or through some other method?
Warn notice
https://www.warntracker.com/company/wells-fargo
Severance lump sum possible?
I’ve read the severance details in the employee handbook. I know it’s in payments unless you obtain another employer. Do you have the option to get severance in one lump sum if you have yet to retain a new employer?
Wells Fargo Auto Finance
In a word.. why?🤷🏻
Working elsewhere during Notice period
Let’s suppose you’re in Notice but are told you’re done. In theory you can’t work during Notice at the risk of severance forfeiture. But, if you get a contracting gig on the down-low how can/does the borg even know?