https://www.cnn.com/2023/02/22/success/severance-agreements-rule-change-from- https://www.cnn.com/2023/02/22/success/severance-agreements-rule-change-from-nlrb Employers can no longer include a broadly written confidentiality clause that requires... — read more
Good enough for Service/Sales conference last month, get laid off this month
https://www.cnbc.com/2023/02/22/wells-fargo-lays-off-mortgage-bankers-days-after-rewarding-some-with-california-retreat.html?utm_content=Main&utm_medium=Social&utm_source=Facebook#Echobox=1677106240
companies can no longer enforce silence in layoff packages
https://www.sfgate.com/tech/article/severance-packages-silence-workers-nlrb-rules-17799428.php
Office Landlord Defaults Are Escalating as Lenders Brace for More Distressing
https://archive.ph/dsB2T archive.today webpage capture Saved from history←priornext→ 22 Feb 2023 03:05:26 UTC Redirected from history←priornext→ All snapshots from host www.wsj.com WebpageScreenshot sharedownload .zipreport bug or abuseBuy me... — read more
Wells it’s time to enter your goals
And in a few weeks it’ll be mid year review time… by the way did you submit your STAMP report ?
Apple 10 year gift
There’s an article noting Apple gives employees of 10 years a cube of aluminum with a note from the CEO. At least the aluminum cube is recyclable versus our acrylic cubes :-)
Guess which CEO is not on this list?
https://www.bqprime.com/web-stories/pfx-top-6-ceos-who-took-pay-cuts-amid-ongoing-layoffs
REUTERS: U.S. probes Wells Fargo's retention of employee communications
Does anyone have any details on this? The unapproved messaging tools, and who exactly has been using them? https://www.reuters.com/business/finance/us-probes-wells-fargos-retention-employee-communications-2023-02-22/ Feb 21 (Reuters) - U.S... — read more
Do you use Wells Fargo as your bank?
Yes or no? I’m curious how many people work here and keep their money here.
1. Another JP Morgan reject AND 2. Another failure to supervise at Wells Fargo
https://www.advisorhub.com/wells-fargo-broker-broadway-producer-disappeared-3-4m-intended-for-ghost-musical-suit/
To All the Springfield People and Others Laid Off Today
It can be scary to lose your job, and I feel for you. I hope this can be an opportunity to find something even better.
Big HMC layoff happening today
I work in processing, and a number of my top HMC’s I have worked with in the Midwest region have been ‘displaced’ today. Lots of Minnesota and Nebraska loan officers were notified via a conference call this morning that they will be sent packing. And... — read more
No layoffs for a month
If the rumors are true, there will be no layoffs for a month. Isn't it sad that that makes me excited? Not having to stress for less than 30 days is considered a win these days? Talk about depressing. I don't know about the rest of you, but I need a... — read more
Expected to be in the office 3 days a week during a snowstorm
This is what my manager has communicated to me. Keep in my mind my role can be done 100% from home. And this is why I’m looking for a different job.
Part of me wouldn’t mind being laid off
This trash bucket has held me back. I don’t apply to other jobs or pursue different things because the stagecoach keeps depositing that sweet paycheck into my bank account. If I were to be laid off, I’m sure the initial shock would be upsetting… but... — read more
is Chicago a Hub for Corporate Risk?
Asking for a friend.
Sick Hours count as In office?
I heard PTO counts as in office, but what if it’s only 1 hr of pto? What if it’s 1 hour of sick leave?
FACTS through the lens of the Employees
First off, layoff’s on the 3rd week of March 2023 are true. ”WHY YOU MAD!”? Here’s why: Let’s start at the inequalities, and wrap up with double standards and lack of accountability. First, The CEO of the enterprise doesn’t have to commute to... — read more
How come so many people fail up at Wells?
I had a manager who was TERRIBLE! Rude, condescending, self serving, conniving, nobody could stand them. She got promoted! The turnover on her team was significant and because of her brash personality and interpersonal skills. I even told her to... — read more
Back at it Again
Received a notice that I’m in a sales driven role with no goals yet. Wells Fargo won’t stop. I give Wells 1 year and they will be in trouble again. Goals
The State of Work in America
Look no further than this board for an example of the state of work and working relations between employers and employees in this country. It is no surprise that over 51 million Americans quit their jobs last year and many more are set to this... — read more
Corporate model wasn't always broken
The Elite vs Worker model is broken, as evidenced by RTO flashpoint, etc. Corporste leadership should never be about power and is doomed if it is. When I started my career, CEOs were not disconnected from workers and didn't make obscene amounts of... — read more
RTO is a rich power play
RTO is a class issue. It hit me the other day that one of the reasons I have such a negative reaction to RTO is because it’s about the power dynamics - not employer/employee but Elite vs Worker (look yourself up in workday ‘Worker’). The benefits of... — read more
Why did the banker quit his job?
He lost interest
WF should layoff, lots.
Poor customer service. Lack luster offerings, regulatory fine after fine after fine after fine. Juggling ghost numbers to meet metrics and bending rules, laws, and regulations at will. Let the purge begin.
Risk application
I’m thinking about applying for a senior credit risk specialist position. What is the pay range and bonus for this role and also the role above it?
Amazon employees to RTO at least three days a week
CS may get inspired
Let's talk zz!
It's two weeks after bonus payout. Are you starting to see zz status from people in your contact lists, teams, stakeholder groups, etc? Sadly, I haven't yet, but I've only been at this company for less than 2 years so I don't know a ton of people. ... — read more
The return to the office could be the real reason for the slump in productivity. Here’s the data to prove it
The return to office looks like it’s going backward. After office occupancy rose to over 50.4% in late January, it dropped to 45.6% by early February before recovering slightly to 48.6%. That’s despite many business leaders trying to get their... — read more
I’m hungry
What’s everyone eating for lunch today?
Demotion to another team for same pay
Can I go from a p5 to p3(different LOB) for same pay( still within p3 range). Stay there for a year and jump to p4 for a 20% bump? I know it's gaming the system, but hey , at WF don't you have to look out for yourself?
Not 3/23…confirmed date is 3/21
Approvals have been completed at the committee levels. All packages to be drafted and complete on 3/18 for 3/21 notice. Mix of working and non working 60 day notices to impacted employees. Can’t speak to to all LOBs but COO will be 4K.
I can't work in the office any more..
Who in facilities decided to put in low rise cubes. I go in and have to hear some guy screaming into a headset, i last 15min and need to escape. I also don't like seeing anyone who works in the tech at this bank, sorry but you mix tech headcount... — read more
RTO - bring on the missed deadlines
If this week is what RTO is going to be like then I can only imagine how many deadlines will be missed. Here’s my week- couldn’t schedule a meeting at 8:30 ET because of commuters in PT time zone. They used to wfh and jump on the call. Couldn’t have... — read more
Imagine - an RTO story.
Imagine telling your employees for 2 years that you care about their physical and mental health. Imagine acknowledging that your employees want and deserve a more flexible working environment and that you are dedicated to providing it. Imagine... — read more
Emergency Response and Violence Free Workplace
G****e, I know you don't want to incur the cost of an ambulance, but we need to call 911. I hear the phone ringing! Who might it be? Caller keep talking, the building is occupied. Thank you person for taking on more responsibilities, and leading... — read more
Onshore RTO 3x/week for agile teams
It is coming...