Fresh week ahead for layoffs

How many do you think will be laid off, displaced by the end of Q2?

I was just taking a moment to think about what insanely wealthy people buy that most people do not even realize is something you can buy… Off topic but had to ask… #random

Who is getting ejected?

Who will be the lucky one to get ejected?

Between a person of integrity and a person of dishonesty, which one wins all the time at Wells Fargo?

But I don't think I'm supposed to feel this all-consuming dread every single Sunday or the overwhelming relief that hits every Friday. I understand this is a transactional part of life, something we just do. But I refuse to believe this level of... — read more 

If you believe managers have no involvement in the layoff process, think again. Managers often collaborate with executives to push out employees they don’t favor. Be cautious—many in management prioritize profit and self-preservation over people... — read more 

Always being rushed product owners yelling at us, managers telling us we need to do more, work faster. They say they’ll take the work off of us if we can’t get it done in time and give it to another team. what does that sound like to you? — read more 

Can you take the cash balance with you? How?

Is every job at WF like working in a sweatshop?

SG is bleeding money while other departments are implementing cost-cutting measures to preserve funds. Recently, 950 premier advisors and support staff convened in Orlando for several days. At a cost of at $2,000 per person, this event would amount... — read more 

Just started on 60 days. So far, my read of docs from Cisive is murky on the following so any input welcome. Rally dollars: get them locked up in the 60 days? Vision benefits: get an eye exam and glasses in the 60 days. Flex Commuter: you need to... — read more 

But, why?

Sadly it’s all about politics and being friends with your managers that determine who gets to stay. I work with so many people that are lazy, entitled, close to retirement and don’t care that stay because they have close relationships with management... — read more 

Anyone notice a trend that usually managers tend to hire and then favor their own ethnicity only. Kind of funny when you see IT teams that are top down Indian and on,y Indians getting opportunities at promotions. I also see analytic teams it’s... — read more 

That they didn’t want to be asked about displacements anymore and was sick and tired of talking about it and to not ask about it anymore. Well!!!

Hello, A friend of mine is currently interviewing at WF. If a new hire is forfeiting a bonus from their current employer to join WF, does the bank offer a sign-on bonus to offset this loss? Apparently not. She was told that even if she joins in... — read more 

Prior to losing full Workday access and the end of my notice period I downloaded all (possible) HR reviews. Now that I am in severance, when I try to open any of those saved PDFs I receive a message saying I cannot open the (file name) 'because it... — read more 

There have been over 120,000 H1-B visas approved for 2026 in the United States after there was division among Republicans on the subject ahead of President Donald Trump taking the White House. According to data published by US Citizenship and... — read more 

https://www.weareiowa.com/video/money/business/wells-fargo-layoffs-employees-des-moines-metro-west-des-moines/524-bf43dc53-94fb-428b-b41d-19400e957cdd

I remember when people were laid off years ago there used to be a meeting and the manager would tell the team what happened and ask if they had any questions. The last couple of round now they've said absolutly nothing, like the people never even... — read more 

What is midpoint for WF? Is it 80% of the max?

The global survey is not anonymous. If you complete it, they may open an ER case based on your comments. I know a few people that it happened to last year.

As the firm prepares itself to exit the cap in the coming months , many non customer facing jobs particularly in risk, compliance and governance will come to a grand ending. The firm spent tens of billions to manually bolster certain functions to... — read more 

Hey just got my golden ticket. Happy it finally came my way. Now I got a question? How soon before I receive my shipping box to send my equipment back to wells. Just curious, would like to get this stuff out of my house asap. Don’t want to be... — read more 

Does Ethics and HR do anything if you raise concerns about the Tech culture at Wells Fargo. Leadership creates a climate of fear and intimidation, including constant threats to fire white employees if they don’t comply. There is also favoritism based... — read more 

This may not be a popular question. Let’s suppose the Board realizes it would be easier to get more efficient if it scaled back the severance formula. It makes it easier for an aquirer to come and reduce staff with less severance headwind. It also... — read more 

A year ago, I joined WF as a software engineer, hoping to find long-term stability. I turned down every other offer, believing this was the right choice. Yesterday, I was laid off. It feels like I made the biggest mistake of my career—and it’s... — read more 

https://www.desmoinesregister.com/story/money/business/2025/05/14/wells-fargo-layoffs-jordan-creek-campus/83622652007/

Do people actually respond to junk mail?

LOL. Apparently they feel AI can replace tech. WF next?

Ok I just got laid off yesterday, after 23 years. I am now on the 60 day notice period. Do I contact wells? Or Empower directly for requesting my funds to be sent to my bank? Wondering. 🤔

Wells Fargo has filed a petition with the Ninth Circuit Court of Appeals, seeking to overturn the class certification granted to investors claiming the bank’s alleged “sham” hiring practices caused a significant drop in its stock price... — read more 

I don’t think there have been any, but figured I’d ask before signing the severance agreement in lieu of getting employment counsel in the mix. You have 75 days to sign or initiate a legal claim.

But the executives in charge don’t care. They are all old and wealthy, so the full fallout will not happen until they are gone. Cloud computing is nothing more than paying rent. Amazon, Microsoft, Google extract rent from corporations. The short... — read more 

Make sure you take action with local politicians. We need to protect all type of jobs (simple/complex, junior/senior) in our country. Because we need all types to build solid and resilient industries in America. Every industry that displaced its... — read more 

What is this recent focus on office titles? And why are there P5s with a “managing director” title? Does it change your comp?

Just received an invite from my boss 30 minute meeting. We shall see!