Do they generally have your manager contact you or do they simply send an email? Is it first thing in the morning or do they dribble them out throughout the day? TIA!
OCC Settles With Former Wells Fargo Auditors Over Misconduct
A key US banking regulator unveiled settlements with two former Wells Fargo & Co. auditors who were alleged to have ties to the bank’s systemic sales-practice misconduct, according to a statement Friday. The orders resolve actions the Office of the... — read more
I am thinking of taking a vacation and being unreachable so they don’t lay off me off ?
What do yall think maybe using a months PTO to go to Italy till things calm down . Not answer my phone .
I work in CIB SF .
How many layoffs are going to happen in SF.
Request Re- Resignations
What happened in credit risk today? Does anybody know?
May 29th - A day that will live in infamy
Charlie and his gang of thugs have set April 29th as the date to inflict the biggest most massive one day layoff yet. In one fell swoop they will eliminate 15% of the domestic workforce in a surprise layoff that will awe the domestic workforce into... — read more
Fraudulent
https://nypost.com/2024/12/20/business/jpmorgan-wells-fargo-bofa-facing-federal-lawsuit-over-zelle-payment-network-fraud/ A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect... — read more
In California, is it true that if a layoff involves fewer than 50 employees at a single site
the employer is not legally required to report it under the WARN Act? Just trying to confirm if that’s why some layoffs don’t appear in WARN r
46 additional laid off, Wells Fargo
https://www.businessrecord.com/wells-fargo-bhfo-announce-layoffs/
Is location strategy even real?
Has anyone been asked to move yet? Is this just a scare tactic to get people to quit and they won’t actually enforce it fully? I keep getting told I’ll be impacted, but no timeframe or details at all
COO Control 4/29
Anyone aware of specific COO control layoffs for 4/29? More specific Commercial Banking and/or Ops? P.S. I heard tech was effected 😆
You are a transaction
You’re not family - you’re a transaction. Your employer might act like they care, but the moment you cost them money, become a PR risk, or even just step on the wrong clause in your 1000-page contract, they’ll drop you without hesitation. Period. You... — read more
Writing on the Wall
As more work is shuffled off to India with each passing day, I was just notified that they are taking corporate phones away and want us to leverage BYOD. He-l no to that. Let’s cut everything here just so Charlie can get his fat paycheck. — read more
Does this board break news anymore?
I follow this board because it used to break real scoops. I found out about the CISOs leaving before it was announced both times. There used to be useful information from people who really did have information so we weren’t caught by surprise. Now... — read more
Any planned layoffs for Commercial Banking?
Just wondering. Kinda freaking out given the quarterly results. It’s flat for my LOB.
How often does your manager change?
I seem to get a new manager every 4 months. The worst part recently has been getting these people who aren't even managers who pretend they can pull rank and ask that i work over the weekend or do this or that. Then of course there's the dotted... — read more
Massive layoffs coming soon
Massive layoffs coming soon who all LOB under the CIO. Internal rumor Mill from New York says Charlie nearly had a heart attack when he saw the monthly bill for the cloud that were paying these corporations and so to recover that cost he has ordered... — read more
Proof of Life
This is an actual thing. Someone up the chain, I'm sure getting a hefty paycheck, rolled this effort out in Technology - along with gearing ratios - to find the dead weight. That's the name they went with - Proof of Life. Nobody with any sense could... — read more
CRG
It is time to conclude the G-in-di show. The extensive travel, expenditures for high-level advisory meetings, the constant sales personnel travel on a weekly basis and the insincere motivational emails sent on Fridays have become excessive. The... — read more
Why the F WF still hiring H1B when there are so many Americans lose their jobs?
“The H-1B visa program addresses specialty occupation shortages by allowing US employers to temporarily hire foreign workers in fields requiring a bachelor's degree or higher and specialized knowledge.”
Only Wellsfargo hires full time scrum masters
Such a joke
Kid you not
The ENTIRE first page of jobs in workday for jobs posted today 4/23/25 is overseas. Go check for yourself. Wells Fargo is a mess!
Well people at the West End Center survive this month layoffs?
I wonder how many people will be let go this month at the West End Center in North North Carolina
WF Engineering
I’m honestly shocked by how many outdated, out-of-touch engineers are at WF. Some clueless managers even go around calling themselves engineering leaders, and there are engineers inflating their titles to things like ‘Architect’—it’s a joke. WF... — read more
WF is full of sh***t
Toxic company
Full day in the office
We had a meeting yesterday with our manager saying we must be in the office "a full day" when we go in. They didn't say how many hours because duh we are all exempt. Are y'all getting the same message from your bosses?
Des Moines jobs on the Chopping block again
Looking at the latest WARN notice, another 46 employees were notified on 4/15 they are being let go in Des Moines with a 6/1 termination date. For being a “core” site, this is now the 10th round of Des Moines layoffs since September. Does the whole... — read more
Before Wells decides to lay someone off, do they typically evaluate the person’s actual job duties, contributions, and the team they
Support or is the decision more often based strictly on job title or role classification?
Location Strategy Budgets
I accepted a relocation package (relo pack for short) last year and the deadline to relocate is in July. I started planning my move with the third party vendor contracted by Wells they manage relocating services. I have kept my manager up to date on... — read more
Consumer Lending Locations Strategy
Any confirmed info regarding location strategy for consumer lending? It seems like there’s been nothing communicated in months.
In your experience or time at Wells have you ever seen a group
Head or executive be laid off ? I have never ever seen it .
India vs U.S. based employees
I feel like I am working with employees who are pretending to be based in the U.S. but they are really in India. I’m talking about employees I interact with every single day. I notice their outlook shows them available in completely off hours and... — read more
company ads for h1b workers
https://x.com/amandalouise416/status/1914001374909435964 lead analytics consultant position in concord
Does anyone know if Wells Fargo plans layoffs in phases by role or line of business?
For example, do they typically start with certain groups—like sales roles in April, then tech teams in May, and IT in June? I’m trying to understand if there’s a pattern or strategy behind how they roll out layoffs over ti
why your top people are walking away
they don’t just quit out of the blue. it starts small. maybe their manager hovers too much. maybe the work feels pointless. maybe no one’s listening. they begin to disconnect. from the mission. from the team. from the work. it becomes just a... — read more
I’m the only relationship manager in SF from my group . Everyone else is located in NY or CLT with multiple people in my position.
Does this put me at more risk for lay-off since I’m the only one in my position in SF ?
STAR program
Was it Charlie that cut the star program?