Many are aware of our Wells Fargo cost cutting Project Compass, we were going to cut spend in 2011 and 2012 and that resulted in thousand laid off at Wells Fargo during this period. All units were affected, if you had to so ‘something’ with our... — read more 

Anyone have experience with Wells Fargo "accelerator" initiatives? Is this the first step leading to layoffs? They have implemented these "accelerators" in the IT area of WF Insurance (WTS) and people are nervous. The company seems to be keeping it's... — read more 

Do you think the mortgage side might be affected in the first quarter of 2015? I hear that many of our competitors are gearing for more layoffs as the business on the mortgage side seems to be even slower than in the first half of 2014. I know that... — read more 

Anybody has more info, I left in 2009.

i just got an offer from Wells Fargo as a "Info Security Engineer" role; does anyone know anything about their IT staff? do they outsource services? programming? salary mid-point is $103k and telecommutable so that's pretty decent.

Can anyone tell me why Wells Fargo continues to hold onto a corporation that is not only predatory, but is bleeding money?

Nothing else to add, well managed, with some softness on the home loan side

We will continue to be more conservative than other banks, that's in Wells Fargo DNA. That's probably why we hired less than Chase and BOFA and that's why we'll have less layoffs than they do right now. The bulk of banking layoffs take place in the... — read more 

In 2013 71 were cut in Des Moines area ... This was back in October. Around 1000 were let go in June / July time frame

Things are in motion at WF right now, SF will be hit in Q1 and this time we'll all be able to notice it

WF's Minneapolis cuts back this summer were the largest layoffs in Minnesota this year - I think 2300 people were cut in our Home Mortgage division - that's a very big blow to our local economy.

It seems like there is a potential job cuts, but it's unclear how much Wells Fargo needs to rightsize to adjust to the new normal.

So I hear that another 1000 folks will be let go before mid Jan 2014 - any confirmations here from Wells Fargo folks?