I love how leadership claims forced stack ranking isn’t happening. It is. 100%. India is not part of it. So if your team has 15 US and 5 India the rankings are only for the 15 US. That means one or two of you will get less than meets even if you do... — read more
It boggles the mind that anyone bought into the whole AI nonsense
I’d love to know how much money is being burned on that hallucinating mess, and how many people were pushed out specifically “because of AI.” Sure, most cuts were really about offshoring, but some people absolutely were replaced in the name of AI... — read more
How do people adjust to constant layoffs?
I tried, and I can't. I get so worked up ahead of every other Tuesday and then it takes me a few days to calm down afterwards. Rinse and repeat. Yet I see so many of my coworkers act like it's not a big deal. How do you reach that point, because... — read more
🚀Recruiting Pro Tip: Mastering Your Wells Fargo Layoff Narrative
I ’ve read your posts, and I see a lot of pain, anger, and smart people struggling to land. Yes, the market is tough, and yes, offshore/H1B is a factor, but let's talk about the biggest hurdle: Your Wells Fargo Leadership Narrative. You were trained... — read more
United healthcare and MetLife
Wells Fargo sure picked some doozy insurance companies. I’m paying for all my prescriptions and MetLife won’t pay out on critical illness insurance. Aetna never had any co-pays when I picked up my prescriptions. United healthcare won’t even cover... — read more
Agile - I LOVE Agile!
So I went to my morning meeting. We all joined. Some were still waking up (west coast) and others had already consumed multiple cups of coffee. "good morning!" said the scrum master. "mmmmm" said we all. "OK so we are going to go through the... — read more
Locusts, locusts everywhere.....
Been with WF for a looooong time. And I have to say, this is the worst nepotism I've ever seen. Its true. And for those of us who have been around as long as I, we might have gotten one or two back in the day. Soon, they were acclimated to WF and we... — read more
I've heard enough....
From folks who say, "The company doesn't have to give severance..." or "other companies do much less....". What EFFIN BS. Yes, WF HAS to provide severance. They have to abide by the employee handbook which they have published. For all you mo--ns... — read more
Anyone else hearing that that they are trying to change the Severance policy
Thread title and anyone have any idea if they were to do so how long it would take to change it?
A Christmas Carol group effort
Once there was a bank that made record profits because their employees worked to lift the asset cap. Then one day Scrooge decided force rank employees so at least one from each team got cut no matter how good they were. That year the families that... — read more
To folks in corporate risk making stuff up
Wish you a merry Christmas. Hope your children enjoy my daughter’s presents and your husband appreciates my family’s turkey. We love you in the trenches. Make a few more mince policies.
How many Chiefs are necessary??
Pretty sure "managers" outnumber the employees considering I found over 2,000 that have no direct reports. Is Wells running a laundry??
Exec fantasy league: SVB up, TK down ?
"Wells Fargo Names Saul Van Beurden to Lead Artificial Intelligence; Kleber Santos to Expand Responsibilities and Serve as Co-CEO of Consumer Banking and Lending with Van Beurden" cannot be good for TK, previous AI cheerleader.
Please give us back our desks!!!!!
I have no problem with 4 days back in the office starting 3/30/28 but can we please have our frigging desks back??? I don’t want a HS locker with a combo lock I need to contact building maintenance to open up for me every 2 weeks. If the powers... — read more
That moment when you realize
Everyone in your management chain above your 1-up are buddies from a previous financial institution. You would think they might try to hide that fact rather than broadcast it. The who you know, not what you know, is in full swing.
Pregnancy In-Office Exemption
Just FYI- pregnancy is a valid reason for an in-office exemption. It's called an "accommodation request" and extremely easy to submit the form. I submitted the form at 3pm and I was called the next day at 7:30am and it was approved by 9am and took... — read more
Surviving the layoff lottery
Every time the cuts hit, it feels like they're pulling names out of a hat because skills and performance and dedication never seem to matter in the final call. It turns the whole thing into a layoff lottery, and after watching that play out over and... — read more
Unused PTO
I was laid off on October 28 and I was wondering when they pay out the unused PTO. Thank you in advance for your response.
Reshuffling National Sales in WIM
I heard they cut some of the fat cats at the top of the hierarchy. They are making them reapply for their positions while also providing severance pay? I haven't noticed any of those positions listed either internally or externally. From what I hear... — read more
Data From the WARN Tracker Website
Here are some rough numbers pulled from the WARN Tracker website. This shows the number of rounds of layoff occurrences for each year. For example, employees were laid off during 24 instances of layoffs in 2025. Sobering numbers to say the... — read more
RTO report now showing hours
So one of my close friends is a manager and he showed me what he sees: how many days per week in the office and total hours per day in the office (badge in/out or network connection, he is not sure know how the hours are actually being tracked). Well... — read more
Way to protest layoffs
If we want to show collective action and that employees are mad about layoffs let’s do something harmless but shows we can organize and act. Everyone do zero work between 10 am and 10:15 am ET next Tuesday Dec 9. All 200k of us. It’s just to show... — read more
Not relatively to layoff.. asking question to experienced HR professionals.
When it comes to forced ratings of performance reviews people say document everything. Is this a personal document I print? In my case I am being targeted. Going to HR will do nothing except make the situation worse. No retaliation is a blanket... — read more
Feels like tech is getting set up for a massive cut
There's a weird effort to consolidate knowledge in tech. It absolutely feels like we're all being asked to make everything it takes to do our jobs be documented in a single repository. Whether that's to farm out the work, or train an AI on it is... — read more
Big layoffs on 12/9
Everyone in my team is discussing about it. My Manger is giving warnings.
Just laid off
What the f Wellsfargo? I have been working here since 2007! Is it how you treat your employees now? FU!
BREAKING NEWS- CORP RISK 3 DAY RTO- MOVED
Just got word from my sources that corp risk 4 day RTO will start in April 1 and not Jan 1. Congrats fellow coffee badgers
3 Day Average impact rating/bonus?
Does anyone know if maintaining a 3 day average in 2025 will impact bonus/ratings this cycle? If I had to guess I was at a 2.8 for several months. Not sure how this will play out end of year. Any insight?
Annual bonus at termination
I was in a 2 months non-working notice, and my last day was October 28. I read previous posts and some indicated they had received their prorated bonus on final paycheck. My last paycheck did not have any bonus. Any suggestions on how to escalate... — read more
Friend laid off third time in as many years
I met him here before his 2023 layoff, and we ended up staying close even after he found a new job, only to get hit with another layoff six months later. He bounced back again and landed something new, and now he's been cut for the third time this... — read more
Corp risk town hall
They are talking about AI. But most people will be interested in layoffs. Layoff is driven by AI + offshoring.
AI is a bust for banking
I don’t know where it started but someone in the banking sector painted a picture with golden rainbow of return via AI. All the banks all jumped on board with such a claim so as to not be left out. Well its not panned out for any of them at all. ... — read more
upcoming comp cycle
given we have lifted the asset cap and are extremely profitable, one would think this years comp would be one of the best in a while, but from what I hear it's going to be one of the worst. Guess they need more money for severance and stock buy... — read more
Sooo, here is a question...
So, now that the limitations have been lifted, now that we've started minting money, would it be possible for the execs to stop playing games with us and just pay severance pay for the roles they no longer need? They may as well stop to overwork us... — read more
Cash Balance Plan: does you get an account number if you’re
Apols for a narrow question that only applies if you’ve been with this rickety stagecoach for decades. I’m looking at some statements and a rollover estimate, but none of them expose an account number. Do you get an account number… or is it just your... — read more
A friend of mine said "no thanks" to severance package....
Yep. And it was a significant one too. Like almost a year's worth. Why? Because the Atty's reviewing the documents and the facts of the severance.....said nope! Way more $$ by fighting it out. Turns out, there is a line of business which has been... — read more
This could have been an email
Every simple task takes three approvals, two meetings, and one person saying ""this could have been an email""
Ratings
How do you guys do ratings at Wells Fargo? I work for a competitor that has a busy board here and I see you are posting a lot too. Just trying to compare things. Thank you.
BE AMA THREAD WAS DELETED BY MODS
So there ya have it.
Boss
Replace your boss with AI I am not trolling- this is useful: https://ReplaceYourBoss.ai