Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

April 22 - Judgment Day

Massive layoff apocalypse incoming on April 22nd. It will be like Thanos snapping his fingers. Poof 15% of the US workforce will be gone. A gnome up high in the COO organization has told me this. The chainsaw will be wielded to appease the market... — read more 

The union has lost steam!

Discuss. It seems like the union has really lost steam since order and sanity have been restored a bit in this country and people are once again interested in a merit based economy. The union was only ever a terrible idea that catered to people who... — read more 

Cloud

How's the cloud migration going so far? Barely any workloads have been migrated, and the platforms team's "paved road" is a minefield, and it's substantially more expensive than anyone estimated, and only getting more expensive. Now, this week... — read more 

WF Hiding the numbers

When Charlie joined he said he wanted WF employees to number around 180K. That was when total head count was around 260K most in the US. Starting in 2025 they stopped using the Cost Code we could look at for the numbers displaced at any given time... — read more 

Coffee Badging

Time to get rid of people coffee badging. If an individual is unable to spend a minimum of six hours in the office, it is likely that their productivity at home is even lower. Down voting this statement only indicates that you may be among those... — read more 

Layoff Safe Job

Wells Fargo tried to outsource the collections department to the Philippines. The employees were told on Tuesday about their reassignment to customer service or quit. The people that made this decision don't know much about collections. Each state... — read more 

Layoff Tuesday

Layoff seem like they’re happening every Tuesday not just the Tuesday after a pay week

Stock Market closed on Good Friday

The Stock Market is closed on Good Friday. After a day of it resting, I wish for our 401K here to flourish in the near future. I wish us all success in finding new employment when being displaced. We got this.

Friends at WF

Does anyone have any friends at WF anymore or have they all been laid off?

PTO Accrual?

Can anyone confirm if your PTO still accrues during the 60 Day Notice period?

Supervisors

I work with a lead or supervisor, depending on who you ask, who perfectly illustrates the Dunning-Kruger effect. If you are not acquainted with this concept, I recommend looking into it. I have a strong suspicion that numerous leads/supervisors at... — read more 

One year later... Same old Wells Fargo toxic agile?

I’ve been reading this board for over a year, and it’s depressing—Wells Fargo’s IT culture is still a toxic dumpster fire, maybe worse than ever. A year ago, posts (https://www.thelayoff.com/t/1rZD3QH0) called WF “anti-IT,” with backstabbing, siloed... — read more 

Tech layoffs this week

so turns out the layoffs that occurred in my tech team this week had nothing to do with location strategy, all to do with staff reduction even some managers got the boot… sign of the times… who groups gone!!

Location = Remote-002/003?

Looking at the location of people on teamworks, I see people listed with the location of the state they are in being “Remote-002” or “Remote-003”. Is there a difference for those numbers? Is it something to do with location strategy?

Parental Leave

Does anyone have experience with Parental leave when both parents work for Wells Fargo? Do both parents get 16 weeks leave as primary parents? What happens if you get a layoff notice while on leave?

Department Closing Roanoke

The online fraud department was notified their department would no longer be in Roanoke yesterday. They are keeping the locations in Tempe and Charlotte. They were told their department is overstaffed but they have been hiring for this department in... — read more 

Employee buy- outs

There are many people here that want to be laid off Others are relatively satisfied but then they are layed off. Wouldn’t it make more sense to allow people to bought out to leave? This would reduce risk by allowing an orderly transfer of... — read more 

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| 1210 views | | 7 replies (last April 17, 2025)
Post ID: @OP+1js03zc65

My manager is micro

They are so intrusive that it’s impossible to focus on work. Master of workflow interruptions. Also, someone constantly checking on you translates into questioning your professionalism and competences. Does wonders for morale. I have noticed that... — read more 

Co-location strategy?

Can anyone confirm if Wells will try to get teams who are spread out across the country to one location? I’ve heard mixed reports about relocation, timing, and what is offered.

Where are people landing

So many jobs are being cut and outsourced. For people who were laid off where are you finding work?

M3-M5 base, bonus, RSU ranges

Job posts for Technology Director indicate a wide base salary range of 207,900 - 431,900. As an M3 in NC, I barely make it to mid-200s and no equity. Questions for the family here: Base: Does anyone actually get north of 400k in base? .. — read more 

Ghost Jobs on the Job Boards

I have submitted 35 applications, but I am getting no job interviews. I had updated my resume with the help of a professional resume consultant, so I thought I should get something, but getting nothing. Then, someone told me that there are many ghost... — read more 

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