To y'all posting on this site, in December: https://www.reuters.com/business/finance/big-us-bank-ceos-be-grilled-by-congress-consumer-social-issues-2022-09-19/ There will be another congressional hearing soon for big bank CEOs. They will be on the... — read more
I am just going to leave this here
A Truist Bank thread on an Exec that was pushed out - he landed here at WFC... https://www.thelayoff.com/t/1oMRaSln or @OP+1oMRaSln
Anyone else feel like a dead man walking this week?
Tuesday's the big day
ADA mental health condition
Clearly tech is about to see big cuts. I have an ADA-covered mental health condition that I have not mentioned to WF in the past. Is there any benefit to mentioning it now? If so, is it just a matter of logging onto Teamworks and finding the... — read more
Jamie Reed
New head of WF Premier that Saul hired - just curious if anyone knows much about him?
WF attempts to cover-up employee su!c!de at office
https://www.dailymail.co.uk/news/article-12577517/Wells-Fargo-executive-46-jumped-death-banks-Delaware-offices-leaving-shocked-family-searching-answers.html#reader-comments WF then proceeded to scrub it from this site and have WF minions call those... — read more
Greg Beckett of Internal Controls - su----e and Scott Powell
Exec, Greg Beckett committed su----e due to stress and Scott Powell makes ridiculous remarks. Shows why Mr. Powell should be fired ASAP. WF continues to be more hated every day. Controls, Cybersecurity, etc. are all filled with buffoons and led by... — read more
Do Not Call Violations? & SC WARN Notice
Branch Banking: Does anyone have some insight on why Wells Fargo is so insistent that our many ‘outreach calls’ are just ‘service calls’. I have pointed this out to upper management and the only addressing is that if someone’s profile list them on... — read more
I had a dream about Wells Fargo getting a new CEO, similar to the new medical director on the show, New Amsterdam.
In my dream, Wells Fargo Hudson Yards is raided and they walk out our CEO and his top executives for failure to turn the bank around. The Feds bring in a brilliant new CEO who has 5 years to turn the bank around, or Wells will be dissolved. The... — read more
i read this in the paper this morning... this is a must read for everyone here, sad stuff
https://www.wsj.com/business/greg-becketts-life-seemed-to-be-going-well-then-he-ended-it-at-work-e9417662 Greg Beckett texted his girlfriend one Thursday evening in January. He was working late, he told her—eat dinner without him. “I was told to... — read more
RTO Double Standard
I did an advanced search on Teamworks for City=Remote and State=Mine, saw a fton of remote folks. I mean, if I have to RTO there's no way these many people have exceptions. This is bs
SG joke
This individual, SG, is nothing short of a joke. Can we really take these emails sent at 4pm on a Friday seriously? I have a suggestion - why don't we see the numbers from before and after SG took over for a year? I bet this guy has spent more money... — read more
Glassdoor says 65% of employees approve of our CEO, and they give Wells an overall rating of 3.7 out of 5.
I would have said much lower, but Glassdoor started in 2007, so I’m guessing this figure goes back to include Stumpf (for 9 years pre-scandal), Sloan and Parker. Glassdoor should start with fresh data once a new CEO comes on board.. Or better... — read more
Tracy looking for saves
Funny how people potentially concerned about losing their jobs are hearing it being described as "saves" by mgmt. If I'm given the boot, who is saving who?
RTO MONITORING?
Swipe and stay for 4 hours still good, right? 3 days a week
Moved to a new team and then displaced
Anyone get moved to a new team due to manager being displaced only to then themselves be displaced within a few weeks or the next 2-3 months? I was hoping for displacement but would have expected it to come at the same time as manager was displaced... — read more
All The Problems with Wells…..
On this board over the past 1-2 days many folks are highlighting their disdain or the dysfunctional nature or toxic nature of WF. We complain about RTO, Charlie, his directs, Technology Cheerleader TK and much more. Yet the outside world seems to not... — read more
Corp Risk - will it be impacted on 10/03?
Any news whether corp risk will be impacted on 10/03 or 10/15? Very nervous about my future.
Criteria for Layoffs
Could anyone please provide any insight on the criteria that will be considered when making decisions regarding employee layoffs?Are factors such as salary, years of service, mid/end year reviews, RTO stats, or manager input being discussed? Any... — read more
October 3rd can't come soon enough!
Pick me! Hope all those that desire to be free get their severance. I truly believe the reason WF doesn't allow volunteer layoffs is because there would be a mass exodus!
Enterprise Complaints Remediation
Anyone know when RCR will be hit? Hearing rumors October and November. Is it remote only or other locations shutting down? India transition?
Smells like desperation:
Wells Fargo is desperately throwing spaghetti at the wall hoping something sticks. Hiring a former diplomat to schmooze their way out of the Asset Cap, the $30 Billion Buyback that drove stock 📉 4 points, $550 Million for Neiman Marcus space... — read more
One Concrete step you can take
Close your Wells Accounts. Tell them you are closing them due to them outsourcing jobs overseas. I did it. Fu-k em
India Jobs and RTO Hypocrisy. What really Grinds my gears lol
If you search today its more Tech Jobs in India than US. As an added bonus click a US based job and then pull the recruiter up in Teamworks. They are all Remote. Their whole team. Oh boy the IRONY
A sense of doom
That’s how it feels here. No team collaboration. Manager is silent. Everyone siloed and struggling on their own. Really weird.
hiring freez
is there a hiring freeze across risk and compliance? is that why there are so many contract RCSA positions?
KITT from Knight Rider
He’s going to come in with The Hoff and eject the swamp to the streets. He’ll replace with some legit 80’s leaders.
Expensive new buildings and costly signage won’t fix this bank’s massive problems.
It’s all smoke and mirrors to detract attention from the enormous, never ending, serious and systemic issues the “leadership” cannot resolve.
Lob, city, Remote or not, number of layoffs and day of week
Trying to get a pulse of the areas of concentration for the layoffs State your LOB, City, remote or not Number of people impacted Date Etc
This is such an unhealthy work environment
It's hard to believe there was a time when I liked my job. Sadly, it's been more than a decade since that's been true. If I wasn't close to retirement, I would already be gone.
Let’s call Charlie what he is: a traitor
noun: a person who betrays a friend, a country, a principle; a person who is not loyal to his country Similar: back-stabber, sell-out, double-crosser, double-dealer, Judas, double agent, two-timer Why would someone betray you? Excessive... — read more
Now Wells Fargo wants to put a sign on top of 550….
https://www.wcnc.com/article/news/local/550-south-tryon-sign-proposal-wells-fargo-charlotte-uptown-local/275-9f72711c-f7bc-42d2-a935-5e8424f32ffb
Tuesday 10/3 Predictions?
It appears that Tuesday 10/3 will be a very interesting day. It is a Tuesday after a Friday payday which coincides with most large layoffs. The next day chainsaw will do a very rare townhall meeting. Something is up because CS is a terrible... — read more
Wells Fargo to Buy NYC’s Neiman Marcus Space for $550 Million
https://www.bloomberg.com/news/articles/2023-09-27/wells-fargo-to-buy-nyc-s-neiman-marcus-space-for-550-million Wells Fargo & Co. is buying the former Neiman Marcus space at Manhattan’s Hudson Yards for roughly $550 million and plans to convert it... — read more
Officer Titles
Anyone in tech didn’t receive the email who is currently an officer?
$30B in buybacks but budgets are tight.
Seems like a direct correlation here.
Oregon layoffs
Does anyone have any knowledge about layoffs occurring in Oregon, specifically the Barnhart/Sunset locations for LOB Escalated complaints? Building a life raft regardless but keep seeing dates of 10/3 and 10/17 floating so just wondering. Thank you... — read more
“Let’s Fargo” out of business
Anybody else cringe when they see this ad for the virtual assistant?
Remote non hub
Remote and main office in another state. I believe there is a "closest hub" 49 miles away with people I don't work with. I'm gone right and when? Do any LOB's have exceptions?
Health benefits
Is anyone privy to the changes in US healthcare benefits? I assume it’s not in favor of employees.