On Wednesday, Wells Fargo CEO Charlie Scharf said the bank's embattled mortgage business could have a smaller footprint in the future — and suggested criticism of Wells Fargo's home lending practices are partly to blame. Speaking at Bernstein's... — read more
Wells Fargo employees pushing to organize union across bank’s workforce
Workers at Wells Fargo, the third largest bank in the US, are pushing to organize a union across the bank’s workforce with Wells Fargo Workers United, a campaign with the Committee for Better Banks, which successfully won the first union contract in... — read more
What is the difference between Scott Powell and Lester Owens jobs?
In other words, what does Scott Powell actually do that Lester Owens is not doing? Powell also oversees control now? Serious question.
Wells beter than Office Space
Sure, we have our problems at Wells Fargo, but after watching Office Space for the umpteenth time, at least it's not that bad.
Welp I’m walking away
Long story short. I’m a long time team member. While I’ve been laid off 3xs and retained; always had a positive attitude, I find it’s best to move on. For the second time I have been interviewed and hired by a manager I liked; when I was restructured... — read more
When will this end
So another person is leaving, no, not leaving WF, but going on leave. Surprise, the person who will take the place has an IQ that can belittle only a mo--n. It is bad enough that we have spaces that need to be filled because of attrition. But the... — read more
Does anyone know you are here
Have you ever told anyone from your office that you peruse this site? In other words, do you have the _____s to do that?
Lateral move - raise potential?
Before Workday, there was a policy in TW about salary increases with job changes. I think it said that if you're below the midpoint, you could get a raise. Since there are no official midpoints/MRP anymore, how do lateral moves work, as far as pay... — read more
Massive Mortgage Layoffs
https://www.businessinsider.com/wells-fargo-ceo-charlie-scharf-bank-could-pull-back-mortgages-2022-6 To much reputation risk involved with Mortgage, we shrinking it. Mortgage rates are going even higher.
Is CIB a good department with few layoffs?
I'm interviewing there. Any big recent layoffs?
Are all WFHL groups still working from home?
I am in a specialty group with home lending, and we are all still 100% WFH and plan on being this way indefinitely. Are other home lending groups still 100% WFM? I seem to remember hearing that all (or most) mortgage groups are going to be WFH going... — read more
When is the next layoff date?
This is a layoff board, correct?
NYC mayor says hybrid work is not permitted. Everyone back to the office.
https://www.nydailynews.com/news/politics/new-york-elections-government/ny-nyc-mayor-eric-adams-return-to-office-city-employees-memo-20220601-jhupsedtsfginnkdk7u5y55bgq-story.html
Has anyone noticed
Headcount after 3 years of Chuck, Scottie, Tanner, Billy-boy and company has not decreased significantly. What has decreased is dollars on salary as they run off tenured staff and off shore or hire young and d-mb.
Charity
I work in a midwest office. We use Uni__d W_y as our Charity. Just curious if that is company wide?
All operations will now be a solid line to Lester Owens
Breaking by email
Wells Fargo employees pushing to organize union across bank’s workforce
https://amp.theguardian.com/business/2022/jun/02/wells-fargo-workers-union
Why is the WiFi at the office so bad? Disconnected multiple times per day
How can WF be this incompetent
Constructive Dismissal
Do we anticipate a class action or regulatory inquiry into potential Constructive Dismissal from exit interviews?
Covid coursing through the veins at WFA since RTO.
It is probably safe to assume it’s happening in other cities/hubs. I know, personally, of at least 10 people on our floor of 150 who are out with it as we speak. There are a lot of other employees, whom I don’t know personally, who are suddenly... — read more
Mid-years
Thinking of starting a company that sells written self evaluations tailored to your corporate objectives. Guaranteed to make you sound like a world beater while saying nothing at all. Who'd buy?
Is our management on the same page as Elon Musk?
5 days in office permanent coming soon! MUSK ORDERS TESLA STAFF RETURN TO OFFICE, SAYS REMOTE EMPLOYESS 'PRETEND TO WORK'. This is just the tip of the iceberg…
Dress code?
Is everyone adhering to the dress code now that we are back in office? If so, why? I see a lot of people dressing to the 9s just to have conference calls then look at me weird for showing up in sweat pants and a shirt
Viewpoint diversity at WF is 13% overall... sounds about right
https://viewpointdiversityscore.org/company/wells-fargo
Is it wise to apply for bank jobs at all?
I am one of the people that got let go from WF last month. I still haven’t found a job but I updated my CV and have been job hunting since then. I even landed two interviews. Anyway, the question that bugs me these days is whether it is a wise... — read more
24% turnover rate at WFC
This can't be right, can it??
RTO Busted
Anyone get busted for not being in office required 3 days a week? I know of some who have. If you haven’t, how are you getting away with it? We’re supposed to have 55 people in section of floor I am and most I’ve ever seen is 15. — read more
Don't you feel proud to work for a bank that is always getting the ire of Congress?!
Well well, Sherrod Brown and congressmen/women again busting the chops of WF today. It's as if the Bank just can't quit screwing up?! When will someone come to the conclusion they're too big to manage? These congressmen/women shouldn't be just... — read more
401k match only at year end
So if you quit in the middle of the year, you do not get any 401k match for the months you worked. Is that correct?
Forget Wells Fargo, work for the Gov't and make 500K a year as a Lifeguard
https://openthebooks.substack.com/p/top-paid-la-lifeguards-earned-up?s=r
Looks like Charlie got another spanking
"Senator Sherrod Brown of Ohio, the chairman of the chamber’s banking committee, rebuked Charles W. Scharf for the bank’s continued... — read more
I just watched Dirty Money episode The Wagon Wheel
I would like to say I was shocked and surprised, but I'd be lying.
Holidays - office or WFH day
Does anyone know if holidays count as an in office day or WFH day? I asked several managers and they said play it safe and come in 3 days. Same thing for PTO come in 3 days if you take 3 days off come in two days.
I'll be gone by the end of next month
I was never too happy here but WFH made everything more bearable. I wouldn't even mind RTO as much if I didn't have to deal with my as----e manager face to face again. I've been looking for remote jobs but I guess I'm a bit late to the party, since... — read more
Wonder why they're being so generous??
Train 8,000 women in other countries to code. Sounds super selfless on the surface. However, totally self-serving because it's a guarantee WF will benefit more than it costs them because they will hire them all and still save money even after... — read more
Do we have any idea what is in the golden parachute of CS
If they oust him?
Wells Fargo Manager Does Not Have a College Degree, or Masters Degree
My current Wells Fargo Manager does not have a college degree or Masters degree. However he continues to provide negative performance reviews for me when I do have a college degree with so many qualifications for my current job that he does not... — read more
Who manages Checkmark in this bank?
This isn't how static analysis is supposed to be done. Why are there so many issues? The pipeline team is such a pain to work with