Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

August's Global Employee Survey

My dilemma: 1) Give honest, unflattering feedback regarding Wells as a whole and possibly negatively impact my manager and my manager's manager, who are both excellent; or, 2) Lie, thus allowing Wells to insist that employees are actually happy.

Building a Cohesive Global Technology Organization

Saul, just say what we already know. Every scrap of IT is being aligned under India. No one is buying the corporate speak about strength and cohesion. We all know it is to cut costs. Not because this company is unprofitable, it is because the demand... — read more 

Why employee happines matters!

Executives should pay attention: Happy employees are more productive (*) Happy employees area easy to work with Happy employees are more engaged Happy employees are more loyal Happy employees are healthier Happiness multiplies and... — read more 

I thought Charlie was The Golden Boy at JPM.

An old story, but I wasn’t aware Charlie was demoted at Chase. I also read news stories about Chase acquiring Washington Mutual as being “Charlie’s baby.” Chase was haunted for nearly 10 years with WAMU’s bad loans, which is probably why Jamie moved... — read more 

Lotto Tix for everyone

How about Schart, POwell, and their minions on the OC buy each WFC one lottery ticket in the upcoming Mega Millions Powerball. It'll only be, what $300k at the most, which is chump change for them. They could probably find a way to write it off too... — read more 

HR leadership Change!

Things are getting shaky out in NY! Hold on to your seat firmly or find a new one before someone sn---h it from you. Good bless!

This company is in trouble

This attitude is exactly where Charlie & Co have done the most damage at Wells Fargo. Leaders can’t stack-rank, threaten, cost-cut, over-work and offshore this bank into becoming a successful organization. Culture is such a critical piece to building... — read more 

New study shows 40% of workers at risk of attrition

https://www.mckinsey.com/business-functions/people-and-organizational-performance/our-insights/the-great-attrition-is-making-hiring-harder-are-you-searching-the-right-talent-pools Upvote if you’re looking to leave, down if going to stick it out. My... — read more 

Some parts of WFH are not cool

Working remotely permanently had been my wish ever since my managers started calling me back into the office. There was no possible way I would suffer through hours of commuting to feel awkward in an office again. My wish got granted at the... — read more 

Mortgage Banking Does Not Exist Right Now

Everything is frozen. Nothing happens. Numbers are dismal. It'll be worse. It's just fu----g horrible. They are planning more rate hikes and we've already been pulverized. Where will this take us? It's so depressing.

Random Friday Advice

My husband and I started a new jo--t Google doc titled "Where Sh-t Is" and it is just a running list of where we've put random-but-useful odds and ends. It might be the smartest thing we've ever done as a couple. Maried for 14 years and this proves... — read more 

Who here goes to work every day intending to WIN?

I’m in a job where my bonus is directly linked to sales production, and I show up everyday motivated to win business. It’s pretty fun. Who else has this mentality where you’re excited and motivated for the work day, and what do you do? I’m a... — read more 

Inflation raises imminent?

Manager in my group received notices to prepare for raise conversations with employees Anyone know who is impacted? Salary? Non-exempt? Percentage? How much? Is there a salary cap where those over get nothing?

The Enemy is Adverse Selection

Wells Fargo is shooting for adverse selection vs. positive selection. Hire the right people or hire the wrong people? Polished wizard with an impeccable record or Conor Tolkin? What are we doing? We are not trying to attract the right people... — read more 

HR - Just a Reminder

HR has never been on the employee's side of things, they are charged with keeping the reputational damage and any perceived discriminatory employment practices to a minimum, their day will eventually come when they terminate the long term employee... — read more 

Massive Layoff October 20

Expect to see a WARN notice this month. Groups impacted are Control (significant), Operations - except contact centers, and non-business aligned marketing functions.

Mid Year

Has anyone had their mid year calibration discussion and received a salary adjustment/mid year promotion? Or heard anything about that happening?

Exit interviews

Are these a thing anymore? If leaving externally or even internally?

I'm still blissfully ignoring RTO

I do more than most of my teammates who are going in three days a week. There's no need for me to change anything about the way I work. If this is something they want to fire me over, so be it. They'll be cutting off their own nose to spite their... — read more 

Managers! Do you get a report of your team on RTO?

I know, I know! I have read through all sorts of posts about RTO, not going in, reports, blah blah blah. But can a manager tell us what it looks like now (7/20)? Does it show IP addresses? Asking because I have been "sneaking" out after being the... — read more 

Officer title?

How does one get an officer title? Any insight on requirements? I’m in middle of interview process for associate manager and recruiter says no, even though all the associate managers in the direct org have AVP titles. What gives? It would be nice to... — read more 

Start a new thread - post a news comment, question or message:

: