Few coworkers laid off today
They're watching you dummy
If you think operational risk consultants aren't being alerted to what you post on here think again. No its not because they're hungry for your opinions on outsourcing, its to see if anyone posts internal information. While the site posts technically... — read more
Tuesday after payday!!!
Who got the golden ticket today? Please share.
Included Health
I’ve used this service twice and both times I didn’t get any resolution. Has anyone have them help you with an issue?
You’re a longterm employee close to retirement age and want a package…
Can anyone provide any insight in to how to stack the cards in your favor? Put a bug in your manager’s ear? Continue to do a great job so they want to take care of those who deserve it after years of excellent work? Slow down and do a poor job... — read more
Why am I still here
All of my original team has been let go but I’m still here. Remote non core. Hoping to get word soon. Lonely in NC
Wells Fargo Hid Account Amid Man's Homelessness, Suit Says
A Massachusetts man has alleged in a lawsuit filed in federal court that Wells Fargo intentionally concealed a trust fund account from him for decades while he suffered years of financial instability, including... — read more
Wells Fargo has ended a policy that required a diverse slate of candidates in the first round of interviews for senior-le
Not news, I know. Just want to comment that it confirms Charlie’s moral principals and personal beliefs sway with the wind. Nice to know that our CEO’s sense of right and wrong is easily shifted by outside forces. He is gutless coward. — read more
The master plan
Wellsfargo wants to cut 30% more employees by replacing them with offshore.
Major layoffs tomorrow
I hope everyone is safe
Get out and never look back!
I walked away two months ago after a decade in that soul-crushing, ethically questionable hellhole (you all know what I'm talking about). Best decision ever. The relief was instant, like ditching a bad relationship you tolerated way too long. Pros... — read more
How to plan your week
How to plan your work week in 2 week sprints at JP Morgan Fargo - Monday after a payday Do nothing. You might be fired on Tuesday. Read some emails, complete some training, network with your best friend at work. Tuesday after a payday ... — read more
Panasonic CEO just cut his pay by 40% due to layoffs
Can you imagine a universe where Charlie would do something like that? Yeah, me neither.
Wells Fargo Wants to Privatize USPS. We Should Dismantle the Mega Bank Instead.
Why would a mega bank with one of the worst reputations in a scandal-ridden industry take over a popular institution? https://truthout.org/articles/wells-fargo-wants-to-privatize-usps-we-should-dismantle-the-mega-bank-instead/
Wells Fargo the Clown Show
These Bozos every other week are having Wells Non Indian employees worry whether or not their card will be pulled.
Tech Salary
Manager 300K Scrum master 170K Product Owner 160K Principal Engineer 240K Lead Engineer 180K Software Engineer 140K Business Analyst 120K
Layoffs - May 13
Any word on which LOB is impacted next Tuesday?
Have a nice weekend
Enjoy your weekend and be ready for big layoffs next week. Good luck folks!
Bait and switch?
Has anyone took a P5 role as consultant/officer role that turned into a front line-ish production role that requires 100% perfect QA of work? The expectation difference of all levels is based on title and is not equal. The level of production... — read more
Severance and benefits. The obvious and not-so-obvious....
While on severance you get to keep your benefits. Obviously do things like get new eyeglasses... contacts lenses... get your annual physical... etc. But also be sure to go to the Rally, Optum and other health insurance sites to be sure you get any... — read more
Every layoff is a decision
When people use the word “displacement “ it makes it seem like it’s just something that happens just like the seasons change. Remember every layoff is a decision by the top. When a company makes billions and does stock buy backs and still lays off... — read more
300 S Brev CLT - Party in the Bathrooms
HelllllloooooOOOo Charlotte @ 300 S Brev! before heading out, decided to stop by the bathroom downstairs and a bunch of what seemed to be tech conference participants all gathered around a pile of snow getting warm before they head out to the slopes. — read more
CIB Markets
Been working in CIB markets in the COO team for 5 years now. It seems like nobody is certain on what is happening and everyone is fearing a lot of change given that Fern is the new boss in town. Does anyone have any insight into what is going on ?... — read more
Have you relocated by WF and then let go
Trying to decide if I should take the relo offer or severance. Have you or do you know anyone who relocated and were still let go?
Job here is a temporary affair
Five years in, and I still see it that way. We’ve been dealing with nonstop rolling layoffs for a long time, along with a range of tactics clearly aimed at getting people to leave, ideally with little or no cost for WF. Turnover is high, and the... — read more
Getting Excited About this upcoming Tuesday
Every other Tuesday i hope I get a golden ticket but just like winning the powerball it just does not happen. Holding out hope for this Tuesday. Bye, bye Wells.
No Loyalty needed.Treat it as a paycheck
They recently moved a friend of mine to Charlotte and then laid him off in 8 months. They are creating roles and cancelling it to probably project that Wells Fargo is hiring. They are focussed on flushing out old people and bringing in fresh hires... — read more
15% Ops Risk Cuts
DF Town Hall said Ops Risk will see 15% reductions in staff.
What is exactly is a ‘business execution consultant’
Anyone find it interesting that half these jobs appear to be completely useless and this job title is not used at any other company?
Survey
Time to be honest and fry our managers on the survey!
AI counting mouse clicks
Just a heads up they are counting mouse clicks in hopes of letting someone go instead of paying severance
SUPRISE (not really)…
Check your email. Charlie just shuttered the Diversity, Equity, and Inclusion office and rolled their functions into HR for a more “Traditional Operating Model.”
Working/Non-working notice
From what I read on here most of the notice is a Non-working notice. Does anyone know if there are groups doing a working notice period?
Internal Jobs Requirement
Does any one know what will happen when I apply an internal job if I’m in current team for less than one year? Will they process my application and Will my manager get notification
Another lawsuit
Wells Fargo Forced Short Sales Despite CARES Act, Suit Says https://www.law360.com/articles/2336933/wells-fargo-forced-short-sales-despite-cares-act-suit-says
Is it true a manager has no say in who is displaced?
My manager claims to have no knowledge or input in who was cut during ‘efficiency’ layoffs. Is this true or is it a cop out so they don’t look like the bad guy?
Rehire Eligibility
I was recently displaced. How is rehire eligibility determined. Does the manager who displaced you have any say? Thanks.