10+ years at the WF before the layoff. Just had my 1st review at the new job. My raise was more then the combined last few years at WF. I was thanked for being a hard working team player. It felt nice to be treated like a professional. No place... — read more 

At the big banks, massively. This will hit non-agency mortgage lending hard. Those famous great Wells Fargo jumbo rates could be a thing of the past. Big banks won’t wanna touch portfolio mortgage at all.

Wells Fargo used to pride itself for the quality of people they have in their institution. People As A Competitive Advantage or P.A.C.A they called it. Once Charlie changed the title of its Team Members to Employees, everything started going down... — read more 

One of my teammates got axed and replaced by an offshore person. Funny thing is he is Indian and just got his green card. Irony can su-k.

When one on one or "reviews" on Thursdays are safe? When HR is not invited.

got inconsistently meets with a vague write up. issue is that manager who wrote the feedback quit before delivering the discussion or entering then into system. my 2-up pasted in managers comments and chose the rating. 2-up provided no written... — read more 

How are people still receiving "Remote" exceptions? Either for themselves or their people? When you search someone on the Intranet, you will know they are fully remote when you see this: Physical work address: Remote Remote, STATE ZIP USA

The fastest way to get terminated is to call the Ethics Line. Ethics don't exist at WF. Proven on a daily basis. Buy a muzzle or duct tape instead. Much better investment.

Every time you hear or read about "career mobility" here from management at Wells Fargo and have had yours taken away, down a shot of your beverage of choice! I'm already hammered this morning.

Charlie states he is “transforming our institution while supporting our customers, employees, and the communities we serve”, but you know nothing could be further from the truth. Managers are privy to the e-mails, meetings and plans which prove the... — read more 

A much much bigger-than-normal layoff. Don't know which day.

just sharing per the name of this site

Not only was the bank's fraudulent activity (since 2012) met with swift announcements and fines, now the bank's profits are reportedly up 19%. Two big banks, same fraud, two different results. Why? WF oversold themselves as a trusted brand for not... — read more 

Whoever started this trend "should be dr-g out into the street and s-ot." -Garfield

Since I am just waiting for the axe to fall, thought I'd search on the internal job boards. Do a search for Product Owner or Scrum Master and compare the # of avail positions in India vs. US. India-103 US-55 Its like this for every search I've done... — read more 

I called this a month ago when they said our team was being moved under a totally different organization. Just had a last minute meeting with the boss where he said he is moving to a completely different team/area. They've done the same thing in 3... — read more 

I'll paraphrase KK: "The company is doubling down on the location strategy, and you'll receive ample notice to apply for a hub job if you're in a non-hub location before you are canned." The writing is on the wall for many of us in... — read more 

Who enjoys this activity?

Listening to the news around the SAG-AFTRA demands and things like the company that replaced it's customer service with AI chatbots (Dukaan) has me thinking about the pending encroachment of AI. I think it is reasonable to think that most of our... — read more 

What’s a fair base salary these days considering the revamp of the bonus structure?

Anyone see this announcement? HR really su-ks seeing that it has ALWAYS taken 2-3 months to hire someone. With all this outsourcing and layoffs it appears to me that someone decided to tamp down what we’re applying for in the US so they can lower... — read more 

Long story short, I was displaced recently because of offshoring (and yes, I did RTO 3 days a week too). Now I find out someone is opening up and attempting to open up credit cards in my name. My credit and ID theft monitoring company informed me... — read more 

Anyone have insights into the irm functions? Seeing a few good paying jobs on that team. Interesting since lending is on the decline but that doesn’t mean the risks disappear. Is it a new team?

What do you expect them to do, not take the jobs? Not better their life? Not make a living?

///Layoffs will continue as they have been and pickup./// ///After falling victim to Charlie's unoriginal strategy of offshoring American jobs, and H1b. The reason stated was my role was offshored to India & Philippines. It put alot into... — read more 

Had to call HR tech support as I could not access teamworks from home to see my payslip. The Indian guy that I waited on hold for 25 minutes could hardly speak English. He told me my employee ID number did not exist nor did my email. Basically I... — read more 

What's OK and what's not OK???

Layoffs coming to Risk & Controls and Tech in next 2 - 3 months... For tech it will be engineers and developers.. All thanks to the > 8,000 people they hired in India...

How can someone get a mid year raise? Are they possible in this day and age?

Since this is a layoff board, anyone know of potential layoffs this week? And I don’t mean, yes they happen every week but more about which groups?

Cheap labor doesn't mean qualified labor. Replacing great US based workers with someone cheap offshore will get this place exactly what they are paying for. Additionally, when there is no consequence for poor performance, and no reward for good... — read more 

For an organization that is supposed to be about governance, strategy, best practices etc. they are rolling out the most half baked and garbage solutions. Yes. Tech is affected.

Even ignoring the extreme difficulty in explaining the simplest of concepts or tasks, I feel legitimately depressed that my work is so unimportant to senior management and they just care about cutting costs. I'll probably be out of a job and the... — read more 

It's just a job It's just a job it's just a job

Who in CPG can tell us the real story of what is going on in the Duke Energy building in uptown. They originally told us floor 47 was flooded. Then floors 4-6 were opened and not on the same power grid. Then tonight they sent a message stating floors... — read more 

All of this verbiage is simply to make us cookie cutouts of one another and in the image of Charlie's prize example of the company where he really wants to be - Chase. Charlie has swiped right on Jamie Dimon one too many times. The love affair is... — read more 

Management is actively replacing higher-paid experienced employees with lower-waged employees. It’s an active plan and it’s happening across all divisions of the bank. (Not new, I know, but the pace has picked up and I’m watching it happen.)... — read more 

Does anyone know, they are closing Fremont and opening a new hub in San Jose, CA? Please share the location address. It would be nice, if they open one more in Tracy area.

I know my job is being offshored... My fellow colleagues have decided to Lose documents for the off shore folks.. Can't wait till they try to fix some of this when it breaks...