Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Displacements

The admin I guess took the post down over night about a former employee being let go this week. The comments started getting really nasty, borderlining on slander. Better hope the person being roasted didn't take a screenshot to show his/her... — read more 

There's no better option

The fact is that all bank jobs are basically the same. You have too many bosses, not enough workers, and a plethora of stupid rules that make no sense and make your job harder, among many other things. Jump to another company and it's the same cr-p... — read more 

Concerning

I was laid off from Technology, and it’s been seven months without success in finding a new position. I suspect that having Wells Fargo on my resume might be a contributing factor, as some employers must have a negative perception of the company. In... — read more 

Very worried

My boss has been hinting me layoff is coming.

Layoff decisions

This company is so bad at determining who gets laid off. I know of so many people who were really good at what they do that got cut, and others who do the same work for similar salary that are terrible and got to stay. It makes no sense.

June 11, 2025

https://www.desmoinesregister.com/story/money/business/2025/06/11/wells-fargo-layoffs-des-moines-jordan-creek/84154779007/

COO Control Displacement Timeline

Does anyone remember when Kiker said all COO control "remote" employees will be gone? I thought I remember September 2025 but can't find the emails or if it was just assumption. Heard someone else mention November/December so wondering how hard to... — read more 

PTO once rehired

If you were displaced and had PTO paid out then rehired within 6 months, how is PTO determined? Do you get a certain amount of days or hours at rehire?

Mid year

When do managers complete mid year assessment in workday and communicate results?

Chuckles on CNBC

Anyone notice how Shart slipped up and started to say how lucky we were to bring in new people, then immediately catch himself and start naming people who've been with the company for a long time? That tells us he knows what they are doing is wrong... — read more 

No layoffs in marketing data

The WF dept responsible for facilitating postal junk mail and email spam is safe from layoffs. If you want a job in the rewarding world of junk mail, consider a depressing role in marketing data. Qualifications include: must be able to fake... — read more 

Laid off!

Got laid off today! S & I part of FCO laid off 27 employees is So Cal. We are beyond excited!!

6/10/2025 Displacement

I was displaced today under core location strategy (was fully remote). 18 year employee Corporate Risk Was ready for retirement, but waited for displacement and severance pkg Yay me!

by
| 4210 views | | 18 replies (last June 16, 2025)
Post ID: @OP+1jxdg6psq

Spent years preparing....left on my own.

Get your financial house in order or it's going to continue being harder and harder to ever get out of WF voluntarily. The hooks (that keep you there) continually deepen with the salary, the PTO, the benefits, the thought of all the severance you're... — read more 

Laid off

Just got my notice that my position is being eliminated. Notice starts today but I have to work through July 3. I knew this was coming for months and was looking forward to it but now that it’s here I’m not sure how I feel.

Wells Fargo CRO should step down

He is a dinosaur who cannot lead the risk organisation. He has surrounded himself with sycophants to build a bureaucratic empire. The man has no sense of strategy. We can do better than this sub standard CRO.

Timeline for COO/CAO location strategy

I got re-orged to Ops CAO and now I'm not in an approved location anymore. Anyone know how far along ops is in location displacements, trying to figure out how long I have.

Tuesday June 10th Layoffs?

Any managers out there anticipate or know about any specific LOBs getting hit this week? And yes, I heard tech is effected. 🤔

Executive/M5 Pay

How much do these guys actually get paid? Base doesn’t look very far from M3s and M4s. Is the bonus what makes a difference? Does anyone have any numbers u can share for Charlotte and NY?

No One Owes You Anything

Why do so many people today think they are "owed" something from an employer. Show up, do your job and you get paid. If they lay you off, don't cry and ask for more. Put on your big boy and girl pants and go get another job. Entitlement and... — read more 

ChatGBT

Just curious if anyone uses it in their daily workings at Wells. If so, how and what area of business are you working.

A lot of Nasty

Many on this board are addressing Wells Fargo in a negative light. I have been here nearly 6 months and as it stands now I have no plans to ever leave.

401k loans after layoff

Don’t hate me. I’m sure it’s been asking before. What happens to the loans when you get laid off?

How many people would actually relocate?

I wouldn’t even consider it in this day and age. You uproot everyone and everything only to risk losing the job the following Tuesday. Relocation is incredibly expensive now, even with the funds they provide. There are so many hidden costs that... — read more 

Next WF CEO.

My money is on SVB! Any other potential insiders or outside the bank candidates?

M and A after Asset Cap

Top 3 companies that WF should go after now that Asset Cap is lifted. IMO, it will probably be a Credit Card and or Investment Brokerage Company or perhaps even a Crypto company. They will probably try to catch-up to BOA. GS/MS .. — read more 

Relocate/Displacement decision timing

My manager has shared that I will likely be given the "relocate or be displaced" decision in November due to location strategy. I don't intend to relocate, and am trying to understand what the timing will actually be to be displaced once I am... — read more 

Displacement timeline

I just wish they’d stop treating us like we’re stupid and tell us when it’s happening. I’m positive it’s coming but it’s impossible to know WHEN. I would obviously like to stick it out to get my severance but if it’s going to be months from now I’m... — read more 

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