Am I the only one noticing that WF is trying to stall claiming ‘success’ with reforming its risk management program until Republicans take back control? If the OCC and politicians really knew what is going on, breaking up the bank safely would be... — read more
GS Working conditions survey leaked
https://drive.google.com/file/d/1jyeu-wvS3Z10xQ0BlMIDOkh_INoP_Nnb/view
After Labor Day at Wells
As this board is about layoffs and tomorrow is Labor Day, it brings this to mind. High on the board's agenda and an item for which King Charles will lose no sleep will be layoffs. Expect there to be a massive mud-slide by mid month, next month. So... — read more
Please, just leave
Some of us need this job. I might not like Wells Fargo or its management, but currently, I'm not in a situation that'd allow me to leave or even worse, lose my job without having a backup ready. If you're only staying for severance, that means you... — read more
Help me get laid off. Suggestions?
Hi. I have been floundering at WF for many years now. Inadequate supervisors unmotivated.Most teams are just interested in biweekly paychecks and Company perks to pay their bills.I used to do work that really mattered with a major impact.These days... — read more
It's tiresome reading about more layoffs every week
It's becoming apparent that people who are supposed to run this company don't know how to do anything else but lay people off to make sure profitability goals are met. Instead of focusing on new ideas, they are focusing on reducing the workforce... — read more
Great way to earn extra cash from unused PTO.
Here’s how it works. Your WFH address is Montana for a year. Never take PTO. Change your WFH address to a low tax state like Florida. HR will then cash out your unused PTO. Finally, change your WFH address back to Montana and repeat process. — read more
WFB Upper Management lied to Small Bus Lending
Was told 2 years ago that Underwriters would be working from home permanently. Had us come down and pick up all our stuff from our desks. Today they sprang it on us that we are going back to the office. 'Business needs' changed and we should be... — read more
Wells Fargo is a terrible company in every way
There are NO redeeming qualities to Wells Fargo. Nothing good comes out of Wells Fargo. Wells Fargo is terrible to it’s employees, terrible to it’s customers, terrible for American workers, and has not fulfilled it’s fiduciary responsibilities to... — read more
Wells Fargo to Pay $22 Million to Whistleblower
https://www.businessinsider.com/wells-fargo-retaliating-against-whistleblower-exec-chicago-financial-misconduct-osha-2022-9?amp
Anyone’s manager completely useless?
Sets up endless meetings to feel important, loves to hear themselves talk, micromanages like it’s going out of style, and waves around their useless spreadsheets and PowerPoints but couldn’t make an important decision to save their life. And this... — read more
9 people laid off in estate care center in oregon
9 people from estate care center life events were laid off. It was communicated a little over a month ago that the dept was "expanding globally" (aka moving some of the work to India where they hired a bunch of people) . It was mentioned layoff were... — read more
Are there still bonus incentives?
Is there a target % bonus by pay grade anymore or just what the useless class feel like? Also how much is RTO actually enforced? Applying for a few jobs and would appreciate the insight …believe it or not I work for an even shittier bank — read more
Wells Fargo cutting 75 jobs in Des Moines between 9/25 and 10/25
https://www.desmoinesregister.com/story/money/business/2022/09/01/wells-fargo-layoff-employees-jobs-des-moines-iowa-mortgage-division/7954770001/
VPN Connectivity
Can you connect to this site using Wells Fargo VPN? Does it work for you?
Dreading 1:1 Meetings
I find it useless to meet my manager every week... We are attending almost all meetings together. He is so boring, no social life, no vacation with family, no hobbies. There is nothing to talk about since he is already up to date with projects. — read more
Gratitude
Wanted to share a moment of my gratitude with you all… I had the privilege of paying $300 to park at the office last month so that I could print a few pages instead of emailing them. Had I not been in the office, this would never have been possible... — read more
Verify those dependents!
Use the link through Workday to upload those marriage and birth certificates! You know, the personal documents that we were mandated to remove from our work devices? Yes, use those. At this point just decide what you want to fire us for: storing... — read more
More coming in iowa… whack whack whack
https://www.desmoinesregister.com/story/money/business/2022/09/01/wells-fargo-layoff-employees-jobs-des-moines-iowa-mortgage-division/7954770001/
Shutting down correspondent channel?
Do you really think WF will stop all correspondent lending? Or was that “leak” just to stir the pot and create discussions about being overly regulated? There are hundreds of risk/control employees that would no longer be needed if it does end. ... — read more
Is the pay range showing in work day just the base pay or is it the amount with bonus?
Trying to negotiate an internal move and keep getting different answers on where I actually land within the range. Base would put me near the bottom but including the target bonus would put me closer to the middle. Which is it?
First Interstate Strikes Back
I started at Wells in 1997. The bulk of the work related to the First Interstate acquisition was done, but there were many former First Interstate employees still in shock over the company culture shift - it was a hostile takeover after all. Some of... — read more
RTO Problem Solved!
I found out that if you live at least 40 miles away from your office, you do not need to go into the office. Go get yourself a strip mall mailbox in some remote town far enough away from any WF location. RTO Problem solved.
GS is back 5 Days a Week
https://nypost.com/2022/08/30/goldman-sachs-lifts-covid-protocols-urges-workers-back-to-office/ What % would full on quit if they did that at WF? Lots of 500K+ Salaries over there though. Can you imagine if they pulled that here. My guess is about... — read more
Why did the new HR handbook take out the language about being able to report mangers hiring family members or other personal relationships?
Did that hit too close to home?
What if HR let us hire qualified people in risk?
What would happen? Do you think the asset cap would be gone by now? What if HR let us hire qualified people ‘AND’ we cut 25% of employees in risk? I think we would be on the tail end of the asset cap. We spend way too much time baby sitting the... — read more
Oh, the irony of the COO posting DE&I positions in only two hubs...
And yet, "everyone is eligible to apply." Who didn't hear LR stumble all over herself as she said that on today's Champions call? Yeah, no. I'm not going to enrich your diverse candidate pool by applying for a job I'll never be considered for. — read more
Monotone interviews?
Does Wells have a guideline for managers to be emotionless/monotone in interviews? I've had a couple interviews recently (totally different parts of the bank), and both managers were monotone, poker face, etc. I can already hear the jokes about how... — read more
What do you think about Ravi’s replacement?
Yesterday she had her first meeting with regular people. I’ve listened to the replay and got a very uneasy/ not good feeling after listening to her. Any thoughts?
Remote Work Companies
Here is along list of fin services and crypto companies (1500 of them) most of them are hiring remote workers right now, not sure if its helpful but here it goes... — read more
Quietly quitting
Has anyone noticed how little people are working? Taking 4 hours+ off and not scheduling time off? It’s out of control.
Hey Charlile!
For you... Disgust... It is an emotional response of rejection or revulsion to something potentially contagious or something considered offensive, distasteful, or unpleasant.
WAVE
Anyone else participating in the Workspace Anywhere Virtual Environment (WAVE) program yet? Did you buy your own device? Any other thoughts/details on this program?
Moran exits FiNET, taking 4B with them
Moran Wealth Management, an investment management practice based in North Naples, announced its exit from Wells Fargo Advisors Financial Network and its launch as an independent registered investment adviser. A boutique financial advisory practice... — read more
Teams meeting today regarding pending mortgage layoffs
I work in mortgage processing in a specialty group. Just got an email from my supervisor for a quick mandatory Teams meeting today at 1pm. He only said in his email ‘Don’t worry, this doesn’t affect our group’- so the meeting has to be about pending... — read more
How many applications is too many?
I've seen it posted here that hiring managers pay attention to how many jobs the internal applicant has applied for. It makes sense why this is, but I'm wondering how many applications is "too many"? I'm assuming it's not just the raw count; that... — read more
Join Charlie as a PAC Member Today!
Just got an email asking me to give money to the Political Action Committee. Yes, I come into work every day just so I can receive political/DEI indoctrination, plus give up my salary as a bribe to politicians. Who cares about doing any work!
Big city RTO is a joke
I stopped going into the office long before Covid. Got real tired of being accosted on my way to work by those considered left behind by society. Was Accosted on the train. Having to walk in the street because the sidewalks are lined with tents... — read more
I am a journalist..what do you want to be told
If you could get your story out due to layoffs or the like...what do you want known?