Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Calls from Empower for 401k?

Has anyone else received calls from Empower to discuss your 401k? I've received a few messages. Sounds like they may want to push people into choosing them as the investment advisors so they can get the commissions, fees, etc?

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| 1480 views | | 11 replies (last September 14, 2022)
Post ID: @OP+1iGSe5Q4

Wells Fargo 401k settlement

Information: wfesopsettlement.com 8 million to current and former participants by EOY 2022 2 million to DoL as a penalty

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| 3050 views | | 20 replies (last September 13, 2022)
Post ID: @OP+1iG0g9Eq

Are all commercial banks a disaster?

People seem to rotate in and out of the same banks after dealing with the same problems. Many of my coworkers coming from b of a, us bank, truism, citi, etc…. Are we fu---d wherever we go?

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| 1560 views | | 10 replies (last September 16, 2022)
Post ID: @OP+1iFvghnm

Below midpoint

Wells Fargo just handed out mid year money for those well below midpoint. 5% to 10% depending on role. Performance not contemplated. Did you get it? Not everyone got it.

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| 2780 views | | 14 replies (last September 13, 2022)
Post ID: @OP+1iEaq4Vz

Accommodations WFH short term?

What is needed to get an accommodations request approved to WFH temporarily? I do want to stay in the office 3 days a week but need to work from home until April in order to medically take care of myself. I have heard there are influxes of WFH... — read more 

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| 2200 views | | 10 replies (last September 12, 2022)
Post ID: @OP+1iDg2Byp

Living wages

After spending 15 years, which is pretty much my entire working career here, I am disappointed that it’s seemingly impossible to have an actual living wage. My only debt is a mid sized car and I’m here having to door dash deliveries to people before... — read more 

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| 2570 views | | 25 replies (last September 13, 2022)
Post ID: @OP+1iDPUwoj

Retirement Eligible. Layoff Implications?

I've been told (by HR via email) that I'm now "Retirement Eligible" due to my age plus years of service adding up to some threshold. What if I get fired before I retire? My last couple of performance reviews have been "needs improvement" (by a... — read more 

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| 3090 views | | 17 replies (last September 12, 2022)
Post ID: @OP+1iDXB7Ya

Here is what I have observed...

Everyone around me (especially those with no life) sit around and apply for jobs all day long like it’s a fishing exercise. Some get hired. Some fail up. HR is almost non existent. What is this world coming to? Those who complain get the... — read more 

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| 1640 views | | 6 replies (last September 15, 2022)
Post ID: @OP+1iD7aCCd

Here Comes the RTO Whip

Commercial Real Estate is already crashing and WF is already suffering because of it. https://sfstandard.com/business/san-francisco-braces-for-epic-commercial-real-estate-crash/ "A few large buildings, like 550 California St. and 455 Market St... — read more 

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| 2830 views | | 11 replies (last September 12, 2022)
Post ID: @OP+1iDwc3aC

Layoff question

Hello will they please lay off Technology Connection, I called today and let them know my computer hasn’t worked in two weeks, they said they was going to conference HR on the phone and put me on hold and never picked back up. How you going to put... — read more 

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| 2160 views | | 15 replies (last September 14, 2022)
Post ID: @OP+1iDHR1Mu

Layoffs set for Oct/Nov have been moved up to this month.

I'm in Tech. The Layoffs planned for Oct/Nov have been moved up to this month. So its either the 22nd or 29th for a large displacement. They are trying to tie up the 2023 budget and lock it down by end of this month. We'll see.

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| 4100 views | | 17 replies (last September 17, 2022)
Post ID: @OP+1iD1Gbjx

Long time ago...

businessinsider.com/wells-fargo-confirms-mortgage-lending-layoffs-as-rates-climb-2022-4

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| 870 views | | 1 reply (September 9, 2022)
Post ID: @OP+1iDIgCk5

Town Halls Q&A

On a town hall meeting now - Scott Powell was answering questions- they are always such softball questions. What a waste of time

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| 2200 views | | 9 replies (last September 10, 2022)
Post ID: @OP+1iClQFa4

Queen Elizabeth Dies at 96

https://www.reuters.com/world/uk/britains-queen-elizabeth-is-dead-buckingham-palace-2022-09-08/

retired from wells

I retired from WFC on 12/31/2020, best decision I ever made!

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| 1540 views | | 10 replies (last September 10, 2022)
Post ID: @OP+1iC1ieJq

Layoffs but hiring contractors

They are going through massive layoffs but they continue to hire contractors. I was approached by a headhunter this week for a two-year contract in IT but they are currently laying off workers in IT who could do this job. Nuts!

Rehire process

Is the interview process for returning to wells ( after 1.5 years elsewhere) different than the “normal” interview process ? I have an interview scheduled but it’s with one person as opposed to a panel (although I worked with the person before... — read more 

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| 1500 views | | 12 replies (last September 13, 2022)
Post ID: @OP+1iBUhDIO

RTO Updates?

I know this RTO thing comes up often but does anyone have any updates on RTO, such as getting in trouble for not going in 3x a week? School season has started and things are different now since the pandemic started. I know it's not Wells problem but... — read more 

What gives?

It's been a little while now since Chainsaw has added to Charlie Company. Is the executive pipeline from J_Mo_gan drying up? Or something more sinister? Just wonderin n sayin..

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| 1240 views | | 5 replies (last September 8, 2022)
Post ID: @OP+1iB3GyD6

S-x workers say Wells Fargo shut their bank accounts

Here’s a headline I thought I’d never see! https://nypost.com/2022/09/06/s-x-workers-say-wells-fargo-shut-their-bank-accounts/ A couple thoughts come to mind: Self- righteous executives and public figures are often guilty of participating in... — read more 

"Level of care and attention..."

Will someone please explain to me how Wells Fargo is supporting me and and helping me live well at home and work, and at play? Maybe the new coffee will help me live well at work? Cleaning supplies would probably be a better option if the goal is to... — read more 

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| 1630 views | | 6 replies (last September 7, 2022)
Post ID: @OP+1iAtUJSP

Collaboration

Will someone.. anyone PLEASE collaborate with me!!?? I am going crazy in this office and no one speaks to anyone and we’re all doing our own thing. Please talk to me!

Anyone heard updates about RTO for tech?

We come in 2-3 days a week at most and every time I’m in the office it seems totally deserted. Maybe 1/3 of seats filled on a busy day and that’s generous. Wondering about any talks of increasing RTO going into 2023. Seems with attrition the way it... — read more 

I'm not sure why shareholders love Charlie

He didn't do anything for the stock despite his continued efforts to artificially pump it up through continued cost cuts (translation: layoffs). Not only did he not bring it up, but it's also lower than it was when he joined. I know he couldn't have... — read more 

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| 1200 views | | 9 replies (last September 8, 2022)
Post ID: @OP+1iASw6Gh

Dependent Verification Required by Oct. 16

I went to verify my dependents over the long weekend. SHOCK! They want to have my marriage certificate, IRS tax filings, and/or Jo--t accounts that my spouse and I share. Supposedly this is for Health Insurance......oh, really!!! Sounds like... — read more 

Is it time to retire the WF brand?

What If we renamed the company? Removed all the stage coaches? I’m talking a real rebrand.Would that make the company any better?Just got to thinking that if somebody asked me where I worked I wouldn’t have to lower my head and whisper…

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| 2140 views | | 31 replies (last September 10, 2022)
Post ID: @OP+1iziBevg

There'll be no talent left soon

We are losing older and most experienced employees to layoffs because they are the highest paid ones. Then we have newer employees who are talented but who realize within a year or two that they can get better pay for less work in an environment... — read more 

Your employee data is not safe

Since moving to Workday, you need to know that it is extremely easy for various people in the bank to pull up your salary, social security number, etc. The team that used to police who could receive this data is now getting pushed out in favor of... — read more 

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