I was recently displaced. How is rehire eligibility determined. Does the manager who displaced you have any say? Thanks.
Years of service
How are the years of service calculated when it comes to the severance plan? For example, do you get the next year of service soon as a new year starts or do actually have to wait until your anniversary date for it to count as another year of... — read more
Anyone on a team mostly 55+?
Most of my team is 55+ and several 60+ and a lot of ‘lifers’. Would you say WF has an older employee base? I feel young being under 50 LOL
P5 am I way underpaid??
Currently at 150k and only 15% bonus….
The Stagecoach is leaving Chennai
Now that the damage is done . . . https://www.thehindubusinessline.com/money-and-banking/wells-fargo-looks-to-consolidate-its-india-presence-to-shut-chennai-office/article69547978.ece
A Question for Current and Former Contractors
I was displaced last year and still cannot find a fulltime parmanent position. I started thinking maybe I should apply for a contractor position. I have never worked as a contractor before, so I have a question for current and former contractors. Is... — read more
Displaced, can I invest without disclosing to wf?
I got displaced, does anyone know if we are allowed to invest during the notice period or should I wait until after? My sector was told we had to disclose everything to wells if we did invest prior to layoffs
Location Strategy - Notice Period duration?
For those who have been laid off due to location strategy, how long was your non-working "Notice Period"? The benefits guide doesn't clearly define the notice period. I've been at the bank only a few years and get the minimum of severance. They... — read more
Push your local politicians to bring back jobs from WFIP
60,000 service sector jobs coming back to America will be a signifiant boost to our economy. Especially for young Americans just starting out their careers. Lobby your politicians please before our service sector is hollowed out.
Why WF's Agile Transformation Failed: The Real Story
After analyzing dozens of posts on this site spanning 2023-2024, a clear pattern emerges about our "Wagile" disaster. Here's what actually happened: ## Leadership Failures Executives who couldn't explain agile basics pushed it hardest Middle... — read more
Office Politics
For those who have worked at multiple banks, are the office politics at Wells Fargo the worst of all the banks? Are any other banks worse?
Need help, please
I am a former employee who was displaced; sad, yes, but it’s ok. I have been extremely successful in securing new employment during my severance period. I need help determining what my actual last day is. I’ve been telling potential employers that... — read more
Anyone else drowning in useless meetings?
We spend more time talking about work in pointless check-ins than actually doing it. How leadership expects anything to get done when we're constantly pulled into status updates is beyond me. Just let us work.
Glide Program
Has anyone considered participating in the "Glide - Relaunch USA" program? https://www.wellsfargojobs.com/en/inclusion/return-to-work-programs/glide-relaunch-usa/ "At Wells Fargo, we are dedicated to creating a workplace where people feel welcomed... — read more
Does over 50 get an age differential with severance?
Wondering if those over 50 get an age diff in their severance package or just the basic
Did you know
Your engineering manager who is making 300k per year is firing you so that she can save the funding for herself
Technology toxicity
The situation is likely to deteriorate further. Many Technology old folks are unwilling to upskill, struggle to find opportunities outside of Wells Fargo, and often lack the necessary competence. As a result, they may continue engaging in office... — read more
Technology another 25% cut this year
25% cut in the US (Non Indianemployees) 20% headcount increase in I&P especially I.
Most of us won’t make it
The big ones are coming this month..
Employee counts - US, India, Phillipines
Wondering if anyone has recently checked employee counts? Feb 2019 US 253,200 IND 17,300 PHI 4,900 Oct 2024 US 175,600 IND 36,300 PHI >8,000
Who says we can’t cut 20% senior manager and director positions?
Convince us, otherwise cuts will be fast and furious.
RTO 8 hour mandate coming Sept 1
Got the word today based on notes from latest OC meeting. Chuck giving the firm through summer then the mandate kicks in for 8 hours 3x a week. Will be sold as you get a summer of flexibility for your kids but come fall, it’s time to be back 8 hours... — read more
Lump Sum?
Displaced in Feb. of this year. Found a job during my 60 days but negotiated start date to early April. Four weeks into the new gig. Will they pay me a lump sum for my remaining 9 months of severance? I have received one WF paycheck so far. ... — read more
Principal (P6?) Compensation
I'm interviewing for a Principal role in New York - it is a non-revenue role in Risk, base between 175-360 or so. Does anyone have any idea what I should expect in terms of base salary and bonus?
Manager put a meeting on my calendar for tomorrow morning
I'm at the WEC, my boss sent me an invite for a meeting to discuss the location strategy. I thought displacements were only on every other Tuesday?
What do you get access to in the initial two months after displacement?
I know that the first two months are as if you still work at Wells, just no access, but you get Teamworks at Home, right? Can you still do Pluralsight training?
Fear
All locations in North Carolina are fearing being laid off by a giant conglomerate like Wells Wellsfargo all people in North Carolina are fearing their jobs. All people in North Carolina are scared. They’re gonna lose their jobs. All people in North... — read more
401k Loan upon displacement
Is there some kind of penalty payment when you get displaced and they back out what you owe on your 401K loan? Or is there a waiver to that because you were displaced? If you leave for another job is it the same deal or no? I know I’m going to get... — read more
Low Key Volunteer for Displacement?
I know we aren’t technically supposed to volunteer to be displaced but has anyone had this type of conversation with their manager and then get laid off (outside of location strategy)? I feel like some managers may appreciate having one less... — read more
Critical Skills Flexible work arrangement?
I’ve been remote my entire time at Wells Fargo but keep being told I’ll potentially be impacted by location strategy. I noticed in work day I have a tab under Flexible Work Arrangements that states Critical Skills. What does this mean? — read more
On the edge? https://www.youtube.com/watch?v=sCSifxS5PRA We have trimmed our, ah, we had, we had, trimmed on the edges ....
We have trimmed our, ah, we had, we had, trimmed on the edges Running the company very conservatively going into this environment. We have trimmed our, ah, we had, we had, trimmed on the edges started to be very careful with our, our, be very... — read more
Relocation/layoff timeline
I just got a meeting invite I suspect is the long awaited Relocation offer. How long do you have after you decline relocation before you are laid off. Are you given notice right away or do they keep you hanging for one of the upcoming Infamous... — read more
Have you filed an HR case lately?
Have you noticed a pattern when you file an HR case? I've noticed the past 3 times that someone from India picks up the case and messages me some d-mb question to try and get out of the case. They try to find whatever out they can so they can close... — read more
I don't care anymore and it will probably cost me my job
I used to put in 110%, but lately, I just can’t find the energy to care. Between all the chaos and constant cuts, my motivation is completely gone. Now, even doing the bare minimum feels like pulling teeth. I know I need to snap out of it, especially... — read more
Accounts Resolution
Anyone know when AR will be hit again?
AGE DISCRIMINATION DISPLACEMENT LAWSUIT
For those of you that have been recently Displaced over the age of 50 —- GREAT NEWS! There is a new Class Action Lawsuit being filed. Internal documents have been leaked and turned over to a major law firm proving the cuts have targeted the those... — read more
Going from P4 to P3
I am burnt out at my P4 level and want a demotion, as it is affecting my health and my managers don't care. I was wondering if anyone would share their experience taking a demotion to a lower level. How does it work exactly? My current salary at the... — read more
STL Office
Anyone know the future of the St Louis office? They've consolidated buildings and there's barely any jobs posted....I assume that isn't good. Would appreciate any insight.
Enjoy RTO while many of us are on Cush severance
Will be thinking of all of you while I relax and do what I want , have a summer of love all! Don’t forget to be in 8 hours each day to collaborate with the h1b folks in office