A friend tells me there are big job cuts at Quicken Mortgage today. WF Morgate was hammered last week, I am sure there are others following this pattern. And remember, we've just started rising the rates, it'll be much worse. So, the markets are... — read more 

If yes, what made them leave? What path have they taken?

Does anyone know if there is monitoring on which site you’re going in to, or is it just that you’re swiping into a site? If there is monitoring on where you’re swiping in, is that based on your location in Workday? Thanks in advance! — read more 

Do you guys think wells Fargo will be sold or merged with another bank what do you guys think?

When will auto risk CRO structure be re-organized. There are multiple cases of director level with one or two direct reports. Been this way for months. That is one reason the efficiency ratio is so high. Too many directors/managers.

It's disheartening to realize that at a time when so many people are choosing to leave, the management is still seeing the need for more layoffs. I hoped high attrition and good results would be enough to put a stop to layoffs, at least for a while... — read more 

Serious question, why does any still work at WF? I don't understand why anyone would still want to work there. Constant anxiety over layoffs, pending or threatened. There is NO commitment to employees at all! Zero. Anyone can lose their job on... — read more 

https://archive.ph/egGaw Wells Fargo's move to the cloud could save the bank as much as $1 billion over the next decade, one of the bank's top tech executives told Insider. After revealing the outlines of what the firm called a new "digital... — read more 

Will small business bankers be demoted too or can they continue to do their roles? Does anyone know even if it’s worth it to accept that job?

https://www.hrdive.com/news/half-of-employees-experience-layoff-anxiety-study-shows/561073/

I’ve read a couple of articles about an ounces Mortgage layoffs online and they all basically contain the same company statement that the number off laid off people will not be disclosed. No word about what positions could be affected either Any... — read more 

Cause I spoke to a couple of people that are in different tiers of management and they all told me that their personal opinions is that it was better that RTO didn’t happen (at least not in this form and at this time). In what parts of the company... — read more 

Couple years ago we had hiring freezes. There’s continued layoff’s and more coming. No transparency from lob leaders. If you google: how to tell if the company I work for is failing, it’s obvious. Wells Fargo cant get its sh** together and this is a... — read more 

Anyone in mortgage/home lending hear of any changes coming? I’ve been at Wells (as a HMC) for 20 years and it has certainly changed. It seems like they are trying to do more of a centralized model. HELOC’s are gone. The pay for internal refinances is... — read more 

https://www.nationalmortgagenews.com/news/wells-fargo-confirms-mortgage-staff-layoffs

Service managers will be laid off and/or demoted and Wells is getting rid of those positions. Bankers are the new tellers. Sorry customers, we have a line of people needing to cash their checks so we can’t sit at our desks to open your new account... — read more 

To facilitate a speedier return to the offices, WFB should consider offering free food and snacks.

Working they azz off this weekend? I pray for lay-off more each day. There are some really good India resources, but 75% are clueless. Good luck WF with off shoring effort!

We know the intent is to continue to lay off employees and no group is safe except those at the very top. Which groups are next?

Tell me what you know about the directive across control teams to have at least 25% of staff overseas by year end. Anyone else heard this? Came from a leader 3-4 down.

I know of at least 4 Branch managers who have are stepping down as Branch Managers. What is going on? Did they change their comps? What ridiculous decision was made by the higher ranks to make these people say finally "enough is enough." Total chaos... — read more 

Do we pay out PTO after a resignation is submitted?

Looking to get into a Director position within Digital team. Any pointers on salary range and bonus? Based in Montgomery Street, San Francisco

What is your opinion/facts on this? Is it true?

If you’re an employee with tenure and highly skilled, get out. If you’re considering applying for a job here, don’t bother. This place is toxic. Retribution is very real still. If you think you will agree to move to a hub to keep a job with Wells... — read more 

I guess people who work in back office doesn't read the alerts or the messengers cause I've been transferred 6 times and nobody has no idea about waiving the fees for customer who does wires online instead of coming to the branch is sad.

With Workday and the new internal job board format I know that there are no longer separate salary ranges listed for the old job location codes. Is it the case that HR/hiring managers still have their own sub-ranges for job postings listed in... — read more 

Many of our systems here at WF don’t work very well and are down a lot. I find it hard to believe the company has all the resources mentioned to monitor employees’ work locations, IP addresses on various days or times, and # of badge swipes, etc. I... — read more 

Heard through official channels that they will begin running reports and tracking 3 day per week attendance requirement. On an unrelated note- Hundreds were laid off yesterday with job title being removed from the org as the excuse.

Especially to those that didn’t do RTO today.

COO Groups got hit yesterday to the tune of roughly 10% via a combination of layoffs and cancelling backfill requests. It wasn't across the board and seemed to focus on "non-performing" teams. Guess they're not waiting for attrition or the Great... — read more 

Any thoughts on who could play Charlie Scharf in a show? Who could best play a cold-hearted self-serving elitist who will do whatever it takes to ensure he climbs to the top?

Heard a couple of former co-workers' were displaced. Anyone know what cities, areas and how many?

I'm tired of hearing that trees are racist and about environmental racism. Can we just deliver a great product to our customers. I'm tired of this virtual signaling. We get it Charlie.

They are moving IT to India. If you aren’t leaving, you will be laid off this or next year. Many people I knew who had been tenured for decades, were laid off too. All in IT.

received email to join a call with Mike V- it was a recorded audio message advising of displacement- very sterile, lacking empathy. severance package will be emailed to personal inbox versus work. 15+years devoted to bank, truly disgusted.

Mortgage Processing got hit with layoffs this morning at 9am. Not sure how many yet. Last day is May 12th for those who were hit.

I started at WF a few years back and since then my hiring manager has been replaced, my serior Architect left, and got replaced by a buddy of the new manager. It kinda hurts cause I spent the last years working up to the position and I didnt even... — read more