Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Cutoff for Bonus if Displaced

What is the cutoff for getting a bonus (even if prorated) if you're displaced? As example, if I work 6 months of the year (past mid year reviews) but get displaced shortly after will they prorate any of it? A former colleague got let go about 3 years... — read more 

Just got displaced. Can’t sign into workday.

So just got displaced. And I am notable to get into workday. It wants my work email. That doesn’t work anymore. Emailed for help and it is India who helps with that. I don’t understand them. Don’t want to be mean but wan5 to avoid sitting on the... — read more 

Low Level Managers

Is it possible to eliminate low-level managers who perceive themselves as significant? There are quite a number of them in Risk. Particularly those who are merely dotted line reports and do not hold managerial positions!

Location Strategy

Why isn’t Taguig City in the list. I thought our jobs were being sourced to American Cities?

Severance in installments or lump sum?

For those who received severance with the option of getting it installments or lump sum, which did you choose and why? Is there a benefit such as saving on taxes if one is picked over the other? Our dept hasn't been let go, yet, but feel like it... — read more 

Unpaid PTO

Anyone taken unpaid PTO? I can’t figure out how to get any useful info from the employee handbook on this.

Everybody and their mother are suing us

Dillard’s Sues Wells Fargo, Alleging Breach of Co-Branded Credit Card Relationship Department store chain Dillard’s sued Wells Fargo on Thursday (May 22), alleging that the bank breached a co-branded credit card relationship that has since... — read more 

Changing the duties of SMs

The new low is to weed out SMs and give them duties that are for the PO. Value-Stream Mapping. Next, some coding, and the new title is Dev Lead. Not sure what the pay is for that profile.

DSM unemployment

Can anyone confirm if you can collect unemployment while on severance in Iowa? I messaged the IwD office but they won’t answer my question.

Anyone offered relo?

I was offered relo this week. I don't see the upside as I could be immediately laid off right after we move. Like many, I was considering accepting relo and spending the next year to find a job. As I'm not planning to relo in a year, I will not... — read more 

Stop hyping AI

Quit hyping AI and constantly bombarding us with messaging to learn how to use it without giving us AI resources to use and experiment with. Putting up some basic training on it is all well and good, but where are the tools? Where is cursor... — read more 

My manager fired me

I just got let go by my manager. My manager told me my performance is inconsistent. Anyone in the same situation?

Is a Global Workforce so bad

Yes. The answer is yes if its at the expense of jobs from the country that the company is supposed to based in. Its more cost effective sure, even with the level of fraud we get from international employees its still cheaper to employ them. I mean WF... — read more 

Dr-g Test after Displacement?

Do they do any kind of dr-g testing after displacement? With so many states offering THC drinks/edibles nowadays I was wondering how WF and other companies are handling that. Asking for a friend who I know partakes a lot. 😆

How is accrued PTO valued in a payout?

If I have 15 days that should be worth a bit under 3/4 of a month of base salary since most mos are ~ 21 working days. Or equivalently it’s 15 * annual salary / (250 working days / yr). (?) But there could be all kinds of other funky math that is... — read more 

Major layoffs tomorrow

Big cut Tuesdays ahead to trim to meet Q2 targets. See you on the sunshine beaches Sunshine blessings Frank

Senior Manager says its not outsourcing

When asked about outsourcing roles to foreign countries a senior manager became offended by the question and said it doesn't qualify as outsourcing because they're being hired at Wells Fargo...

Question re: RSR's after displacement

I was under the impression that RSRs continue to vest when you're displaced, but the Severance Plan simply says to refer to the RSR agreement. That agreement, unless I misread it, says that they only vest during a retirement. This may not be the... — read more 

India Helpdesk is Terrible

I had to talk to India helpdesk and it was an awful experience. Their connection is terrible and their accent was so thick it's hard to understand. It took 3x longer than it needed to. I spent more time asking them to repeat themselves than... — read more 

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