Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

3/21 - Powell meeting

Well, with the company wide townhall from Scott Powell just announced on 3/21 which is set up to address "transformation" I assume that date is all but a certainty for the next big layoff date.

Follow the RTO Money

So many companies are pushing RTO and we all know in 2023 that it makes no sense. Unless you consider who owns the buildings our offices are in. Wall Street. Incestuous boards of directors, REIT's, investors. For most work, there is no need to... — read more 

Who is responsible?

Husband can’t get the bank to release $500 left in a business account from when his partner died (he passed away about a year ago).The partner’s wife, the executor of the will, has attended meetings with Wells Fargo with him, more than once, and he... — read more 

Is it just me…

Or does there seem to be an increase in people taking leaves? Most I am hearing about seem to be mental health related. Multiple members of my team at one time. You would think this would send a message….

RTO requirements are becoming unbearable

On my team there is no longer any flexibility with RTO because it’s now being tracked and managers are being held to it which means it’s being enforced with zero consideration for employee welfare. Car trouble, sick kids, feeling under the weather... — read more 

Did you

Spend money near work today? If so, congrats you just fed your abusers. If not, good job n keep it up. Don’t forget to get creative with what you make for yourself. Not like the 3 repetitive options nearby are any better or healthier.

Anyone heard anything about the new LO comp plan?

For mortgage bankers? Supposed to roll out sometime in March I think. Rumor is there could be some very significant changes made to the primarily commission based plan….moving most people to a salary plus a per unit bonus. If true, That’s gonna hit... — read more 

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| 1672 views | | 5 replies (last March 5, 2023)
Post ID: @OP+1lqhWg2u

Promotions

Question on promotions I couldn’t find on teamworks - I was promoted in the year end cycle. I was also thinking about leaving the group and looking for a new role and the promotion was an unexpected surprise. Is there any information available in... — read more 

Layoffs in February

Other than the mortgage, were there any other layoffs this month? I can't recall anything.

This is Wells Fargo in a nutshell

Strangest company I've worked for. I didn't speak to my manager for the first two weeks on the job. I tried reaching out several times but he seemed to have no interest in communicating with me. I wasn't even sure what software I needed or how to... — read more 

Shoo shoo now…

You’ve got to get to the office today. Go on now, ya hear, there’s things to do there.

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| 1440 views | | 5 replies (last February 27, 2023)
Post ID: @OP+1loQYC5x

Peace out AWC!

Did you receive Friday's announcement about AWC leaving in May? Comes in - reorganizes everything and now has 12 weeks to pi-s off everyone on her way out. Bravo!!!

RTO

Are people that were remote before Covid being asked to return to office?

Technology

Is it just our area or is it Wells Fargo as a whole- Technolgy is very outdated? Our computers never work and always slow.

What for is SDET?

What is the thinking behind Software Development Engineer in Testing? Are they planning to build a separate Testing Wing parallel to development wing?

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| 955 views | | 1 reply (February 27, 2023)
Post ID: @OP+1lnhYoFI

What's the story with RCSA?

I'm being pulled into RCSA and I'm trying to figure out what the logistics are for that. Lots of travel? Crazy hours? Anyone know what the story is with the day-to-day work on RCSA? Thanks

TurboTax w-2 import doesn't work

I opted in for the automatic import to TurboTax. Just started my taxes and of course, it doesn't work. You have to provide WF's EIN and the "Control number" in box d for it to import. Doesn't like the control number apparently - so I guess I'm... — read more 

Zoom calls

Why is there ALWAYS one person trying to join a call as video? Narcissist or attention h0? No one wants to see you or the people walking around behind you. Just stop already!! Covid is over and I didn’t want to look at you then.

I gave notice, now what?

My manager has been ghosting me since I gave notice. I WFH and I don’t know what to do with all my equipment. The office is an hour away so I don’t want to do that commute, but I haven’t heard anything from my manager or anyone else on what to do... — read more 

How many are left in mortgage?

It feels like the mortgage has been consistently hit every few months in the last year or so and we're not talking small numbers here. How many people are left after all that? I'm going to assume that there's attrition as well since I know I'd be... — read more 

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| 2180 views | | 8 replies (last February 26, 2023)
Post ID: @OP+1llMT6sL

REMOVE ME FROM THIS LIST!

I hope each manager responsible for an employee who replied to that email thread took note and accepted each persons self-identification for membership to the PIP club. That was pure Technology related and they're too stupid to not hit that button... — read more 

Offshore team is a joke

We have an offshore team in the Philippines and India that’s supposed to help us and only 1 out of the 10 of them actually knows what they’re doing. Every night I’m working late because they’re unable to execute properly and I have the dilemma of not... — read more 

Micro managing… so long

Good bye.. Multiple years of service, dedicated, great service, so long. As many of said on the board, , if you are unhappy….leave… Farewell. I wish all of you well but this is a sinking ship.

Wall Street elite aka Chuckie

aka inside traders, know exactly when the bloodbath will arrive for the markets. All the numbers are manipulated, so don't be surprised when it happens. Investors are at the mercy of Blackrock, Vanguard, and State Street; they own corporate... — read more 

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| 1820 views | | 8 replies (last February 24, 2023)
Post ID: @OP+1lk9WgIm

Omg RTO ughhhh that’s all this section seems to be

If you were going to the office before Covid, why is it such an issue to come back a mere 3 days of the week in Office? No one told you to sell your car, if you did it to survive because you don’t make enough maybe you need to re evaluate your money... — read more 

Don't quit on account of RTO

Charlie and the rest of his sycophants want you to. Just go back to working your exact hours and being unavailable the moment you leave the office. Make them lay you off. Make them pay you instead of walking away empty-handed. I hear too many people... — read more 

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| 1870 views | | 6 replies (last February 24, 2023)
Post ID: @OP+1lkhLDO7

HR Town Hall

The call today was a regurgitation of what we hear over and over again. The speakers shoving their s_it down our throats. They do not live in the real world. Very disappointing. They all need to shut up 🤐

Real estate slump hits home as Wells Fargo axes hundreds of mortgage bankers days after taking some on a California retreat

Wells Fargo bankers were recently treated to such a company-sponsored trip to the city, a common feature in the finance world following a successful year. Now, just weeks after the retreat, many who went to Palm Desert have had to pack their bags... — read more 

Defeating RTO

There's chatter about commercial real estate facing a major flop. This is good. Get rid of office buildings, and put something (anything) in its place that actually serves the surrounding community. To help this along, and to always show that we... — read more 

RTO Expectations

Looks like the train ride is ending for many people. Hello Team I hope you all are having a great week, and gearing up to finish the week strong! I am reaching out because the Cybersecurity leadership and I continue to receive RTO... — read more 

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