It’s confirmed.
Is HR the reason corporations su-k?
Just got done with the annual review dog and pony show and rolling my eyes. Imagine the time and cost giving every person in this company a meaningless review. Just the documentation takes more time than it should. And for what? They mean nothing and... — read more
Is there any point going to office after giving 30 day notice resignation?
Is there any point going to office after giving 30 day notice resignation? I'm thinking of just working from home for my 30 day notice resignation?
If you see me quiet at work i am not anti social... i am merely mourning the original cast?!
Guys have you ever been in a workplace where all the original coworkers have left and you are the only one who remembers season one like a walking histroy??? now it feels like season four with new charactors and wierd energy and everyone asks... — read more
Trending Needs Improvement
M2 here, I had a needs Improvement at mid-year and at my end of year. I knew that was going to be the case because I'm also on the map program. I was told during my end of your meeting that this was in the past. But, we all know that if you're... — read more
Neutral Reference Policy and Recruiters
These damn recruiters keep insisting on manager references and I keep telling them they won't provide a reference. How have folks circumvented this? I'm in a catch-22 where I can't give them a reference, yet they keep insisting it's necessary, no... — read more
desmoinesregister
Wells Fargo Announces New Layoffs in West Des Moines Wells Fargo announced 33 additional layoffs at its Jordan Creek campus. These job cuts in West Des Moines are effective March 20. This latest round brings the total Des Moines metro layoffs to... — read more
IM Rating Dispute
Has anyone completed a dispute with their rating or does it matter if they've picked you to be next for the cut? Similar situation as others here with great ratings all previous years, even midyear, with no negative feedback until the year end... — read more
Switching to another bank/competitor
Hi all, I got an offer at another big bank/competitor. As a VP in risk/controls department, I see that I am required to give a 30 day notice period. Anything less and I will lose my RSU and will be ineligible for rehire. What is likely to happen if... — read more
WF Cares So Little of Their Employees…
…that with the inclement weather expected to shut down the southern half of the United States this next week, rather than doing the right thing and allowing employees on the 3/2 hybrid schedule to just work remote, if there is a building closure due... — read more
New Hire, IM Performance Review
Basically title. Hired mid 2025 and had my review with me receiving an IM. All commentary in the review did not support an IM but here we are. Anyways, there are two people who report to my bosses boss and they definitely received an “exceeds” on... — read more
401k settlement
https://www.wellsfargoesopsettlement.com/ Anyone got the email?
Wells in Davos
On the front page interview with our fearless leader. This interview is the same as our town halls- lots of words and nothing concrete 👌
Staffing shortage
Three team members left months ago with no replacement in sight. Their responsibilities have been distributed among the rest of us, and it seems leadership views this as a permanent solution. Is there anything we can do to force them to hire some... — read more
Bonus Pool
Any managers got any insights on what the merit and incentive numbers look like vs prior year?
when can we expect to hear about compensation for those who were meets and above?
should it have been discussed during the review? please no trolls
Vice President title and bonus
I think I read here that being a vice president means that to keep your bonus (so they dont clawback) you need to work 30 days after the February 13 distribution date? Can anyone confirm this?
Inconsistently Meets
I got Inconsistently Meets at my most recent performance review. Can I expect to get fired for cause within the next few days/weeks? Laid off at the next round? Or can I expect a few months to fix this? Will my manager mark the "do not rehire" box... — read more
Did those in Minneapolis get any remote exceptions?
I’ve been in the Minneapolis office and it’s so empty. Are people taking PTO or did some managers actually care and give waivers due to the extreme cold and everything happening here? Personally my manager has not even pretended to care one bit or... — read more
Why can’t employees at Wellsfargo rate their managers?
Why can’t I review my manager?
In Corp Risk, first ever IM
Out of left field, core location, in-office fine, but didn't ...fill in the blank is it feels like. Others in corp risk too? Other groups having the same? Might be the new WF way.
Bay Area Brother and Sisters
Shout out to the Bay Area crew. If you got burned on your review, don't take it personally. It’s not a performance issue; it’s a budget issue. They simply can’t afford you anymore. We live in the capital of the tech world. We're surrounded by... — read more
401k after employment
I was left a voicemail from a phone call from a personal phone number saying that he was from Wells Fargo 401k Plan and that they received a change in the status of the account. I'm not sure if this is a phishing attempt. I can log-in and... — read more
Job search
I just had an interview!! The job itself is remote and out of the hundreds of applicants, they chose my resume because they saw Wells Fargo on it. So just FYI, Wells Fargo still carries some power in the hiring world. 💅✅
To the managers: I will remember you
I have about 6 names I have filed away deep into memory, and I have a very long memory. There is a small chance that one day in the future your name will cross my desk and I will remember you. I will remember how you lied, manipulated and gamed the... — read more
Severance costs absorbed by orgs now
In case you haven’t heard, severance is no longer funded by the company at corporate higher level. Organizations have to absorb those costs now. Those orgs are not going to be as willing to lay people off vs just firing for whatever reason they... — read more
Displacements in Commercial Banking
Several CB displacement today. Sad & disheartening. They were longtime good contributors. Remaining staff will now be overworked and stressed to pickup the extra work.
Is it common to not have a performance review or even have it scheduled yet?
They are due by the end of the week and I have not heard a thing, is that normal?
Will displaced employees receive a performance review during 60-day non-working period??
Was displaced during Q4 and currently in the 60 days non-working. I can't seem to get a straight answer, but wondering if I will still receive a performance review for 2025?
Performance evaluations are just a formality
More of a cover, really, giving higher-ups maneuvering room when deciding on layoffs or firings. They rarely reflect an employee's actual performance, skills, or value to the team. When your number's up, it doesn't matter that your role is critical... — read more
WIM moving HQ to West Palm Beach
https://www.bloomberg.com/news/articles/2026-01-20/wells-fargo-plans-to-move-wealth-headquarters-to-west-palm-beach Bye Bye STL
Learning & Development Consultant displaced today
Two people on our team were let go or displaced or whatever today.
Subtle (and nonsubtle) disengagement
Its been interesting to see the small and not-so-small ways that people have been tuning out since Charlie Scharf took the helm and the never-ending march of layoffs started. From small shifts in attitude and lowered enthusiasm, to slow walking... — read more
Bank of America CEO says he hired 2,000 recent grads from 200,000 applications,
https://finance.yahoo.com/news/bank-america-ceo-confirms-gen-133000077.html
Tuesday after Payday....
Anyone get The Call?
A company replaced it’s CEO
I read an article about a company that recently replaced its CEO. The new CEO was asked how he planned to gain the trust of employees. I laughed, thinking about how Scharf had the same opportunity to improve the lives of 260,000 people and chose... — read more
The Real Cost-Benefit of a Wells Fargo Tour of Duty – For Ambitious Managers
Hey fellow managers in banking/tech – thinking of jumping into (or back to) Wells Fargo for that fat comp? Here's the unvarnished math from the trenches (thelayoff.com + earnings calls). Benefits (Why You'll Go): Top-tier pay: Base + bonus/RSUs... — read more
If you got IM can you still get a raise and or bonus?
Been doing twice the work and without support from management. Was so overwhelmed and irritated about questionable business/sales/ compliance issues I pushed back about workload and lack of support. As I predicted and most of you suggested per... — read more