(For the sake of this post, I'm using the word 'manager' a little generically to include directors and others that have direct reports.) I realize that there isn't an official avenue for an employee to take a voluntary layoff. But at the same time... — read more
Banks are not doing enough with AI...
https://youtu.be/f0MUe-0zpBQ?si=jhLKSP18wbalr3NT&t=5263
Earning release this week
WF is announcing big company-wide layoffs this week. Stay tuned.
Meeting galore
I spend nearly half my day in meetings. Maybe 10% is useful; the other 90% is managerial BS. Making managers feel busy? If a meeting can’t wrap up fast, it had no purpose from the start. At WF, we don’t solve problems, we just schedule them. — read more
7/22 Should be BIG
After 60 day notice, 7/22 is the last date that avoids bonus payout (cutoff date 9/30 to be eligible) and conveniently avoids Q4 numbers. I'm hoping to make it to 8/5 or later just because of this.
Wells Fargo’s goals
Did anyone notice the statement in the last town hall was a focus on fee driven income? If the goal switched to focus on actually helping customers it would help employee morale (this and halting layoff)…maybe instead of fee driven income as a... — read more
Raymond James analyst downgrades WFC, Cramer not happy so there must be something to it
https://www.cnbc.com/video/2025/07/09/wells-fargo-stock-gets-a-downgrade-the-analyst-behind-the-call-breaks-it-down.html Maybe that Raymond James analyst needs to hear even further info to justify even further downgrade.
Is smart lockout a mechanism to get rid of people?
Recently I changed my password and other people in my team have done the same thing, however; when we did so we were not able to access any application that's associated with the cloud that includes email and teams. I was told by the cloud support... — read more
Cybersecurity is being targeted for Tuesday
For those who may not be aware the CISO and his executives are non-technical managers and they have no idea what they are managing in the realm of cybersecurity. They rely on Microsoft and other third party vendors to tell them how to do their job... — read more
Retirement
I’m 41. I can potentially retire in 10 years with the rule of 80. What should I start preparing for & my expectations?
Happy Friday
How many more poor soul WF is removing?
Behind the Unraveling of Wells Fargo’s Rewards-for-Rent Credit-Card Partnership
The partnership with Bilt had been scheduled to end in 2029, but Wells decided to exit early after it became a money-losing venture, according to people familiar with the matter. Wells warned Bilt it could change the card’s terms otherwise... — read more
It’s not anonymous
Why is Amazon blue collar workers forcing me to work with them and illegally block me from a paying job. This is a felony at all levels from federal to city county and state I do not want to work any place on earth that pays no money Not to... — read more
Writing the word "text" in Teams is forbidden!!!
(Verse 1) I send a smiley face, you hit me with a gif We’re talking office memos like we’re cracking up a myth Typing in the shadows, emojis on the sly But Big Brother’s watching through that corporate Wi-Fi (Pre-Chorus) I saw the bubble... — read more
Those who can, do. Those who can't, work office jobs.
AI is blowing the lid off the decades-long charade that office work is essential. We all know that a vast majority of office work isn't really needed and never has been. Now that we're all in agreement on this, how do we collectively plan to... — read more
PDX Tower
We gone, nice working with y’all
Chandler, AZ Campus
Anyone know what’s happening at the Chandler campus? Last week and this week I noticed a guy walking around with a 360 camera taking pictures of everything, including every individual cubicle, hallways, walkways, lunch room, cafeteria, etc.. At... — read more
In office
I have been completing 8 hours day, 3 to 4 days a week in the office weekly. Is this the average?
Is Charlie prepping to serve his mentor?
Wells has quietly (-ish) shrunk it's workforce from ~270k to ~190k under his tenure, with more coming. That's a 30% trim. Charlie got his start as a family friend of Jamie Dimon, CEO of Chase. I have been wondering for the last couple years if... — read more
Do layoffs ever happen during midyear review?
I don't mean coincidentally, where the layoff just happened to occur the same day/week as the midyear. I asking if a layoff if ever built into a midyear review? Everyone knows that layoffs aren't always strictly budget. It's also used to get rid of... — read more
The Layoffs Truth
The purpose of recent technology layoffs isn’t about cost-cutting. Rather, it’s about removing individuals who don’t align with the interests of mobster groups within Wells Fargo. If the real intent were to save money, they might consider letting go... — read more
Anything interesting in audit recently?
Any layoffs, or other interesting things occur in audit recently?
Benefits end date when severance ends?
Hi. I have searched this site and haven't been able to find this answer. If your severance ends in the middle of the month, do your benefits continue through the end of that month? Or do they switch off at the exact time the severance ends?
Just laid off
Fck Wellsfargo. BU: Technology
Potential Required Absence program impact
Anyone get this email stating "Get ready for potential Required absence program impact" .. It says You have been identified as an employee who performs sensitive tasks or influences employees who perform sensitive tasks... them it says you may be... — read more
Five years with WF — it’s enough
Hoping I get caught in the net one of these days. I’m currently negotiating another job, and it has nothing to do with banking. For the first time in a long time, I feel hopeful.
Any info on adcc? Specifically "Dispute responce?
I've heard mixes messages. Roanok VA, plantation rd.
July 22, 2025..What are the chances?
There's a group of us scheduled for a meeting next week with two senior leaders. We are wondering if they might be preparing us for being displaced on Tuesday, July 22. (Tuesday after our next payday on the 18th).
Can we stop saying "firm" now?
It's beyond cliche at this point of being cringy every time I hear it, and that's like 15 times a day now.
genzs freaked out
Gen Z's heightened layoff fears: A new report indicates that 64% of Gen Z workers are worried about being laid off in the next year, a significant increase from previous months and notably higher than other generations. Disparity between perception... — read more
How much is Wells Fargo really paying for H1B
https://guestworkervisas.com/ This site lays it out for you company by company and how many billions of dollars every year is being paid out. Contrast that with the number of American tech layoffs.
How to volunteer to be laid off?
Any suggestions on how one can volunteer or be more likely to receive a package?
July 22 or Juy 29th - My Guess for Massive Cuts and Why
Management will be told to get rid of X headcount before end of qtr by Executive Management. The expense has already been accured. Management will want to use headcount as long as possible to milk them for any work possible, that is unless... — read more
Creating shareholder value
What are some ways that you plan on creating shareholder value this week? For me, my goal is driving revenue growth through sales excellence and driving the deals to close.
July 8???
Who is on the chopping block tomorrow?
If Trump wants to bring down the unemployment rate to 0% than
If Trump wants to bring down the unemployment rate close to 0%, then get rid of majority of the H1B and other work visa (as well as student visa) employees. Send them home. Give those jobs to the 4.1% Americans that are currently unemployed and... — read more
Wells is just as bad as bny if not worse
Lets share stories. You go first
Imagine ✨
A backwards @ss world where leadership feeds you the worst junk food you can possibly think of to say thank you for doing all the heavy lifting. Yall look so malnourished and cringey in all these LinkedIn pics holding up crumbl cookies and Doritos... — read more
60% of managers using AI..
...in critical decision making process. https://www.fox21news.com/news/national/managers-are-using-ai-to-determine-raises-promotions-layoffs/amp/ We have to assume there are managers at WF doing this too. This reeks of lawsuit if so.