Why is the building so dead and quiet
Severance and unemployment??
I've read the Severance pages of the Benefits Book and my co workers and I can't agree on the interpretation of this... When you're displaced, can you get your severance benefit AND also get unemployment benefits??
Does empower call you if you’re about to be laid off ?
Someone randomly called me asking if I want to discuss my financial needs left a voicemail .
To those 55+ laid off and have 401k
Ask about Rule of 55. Empower customer support can help. In simple terms, if you are 55 years or older and unemployed, by choice or otherwise, you can take funds from your 401k. There is no penalty. Taxes will be whatever state and federal you would... — read more
how is the severance amount calculated ?
Is the amount based on number of working years × salary ?
So Many India Hires / So Many US Cuts
Where is Trump and his protecting US jobs?
Lump severance and new job
To anyone that’s had a severance. I have been told after 60 non working days and accepting lump severance payment accepting a job elsewhere is fine. Only if you go back to WF for another job does severance need to be repaid. Anyone have insight? — read more
Laid off today on Tax Day
Didn’t see it coming. Huge surprise
In your opinion do newer people get laid off first at wells or is it the folks who’ve been here a while ?
I noticed a lot of people who got let go were here for a short time or at least 30 years so I guess if you’ve been here in between you can be safe .
When will people understand this?
Working at Wells Fargo? Congrats, you're on the chopping block. Especially if your paycheck is bigger than your coworkers'. In that case, you better start polishing that resume. The higher your salary, the bigger the target on your back. Time to... — read more
Tuesday axe is falling
Cuts already being made in Des Moines
Jim Cramer has jumped the shark
Jim Cramer Says Wells Fargo (WFC) CEO “Did a Great Job – That Stock Should Be Higher” https://finance.yahoo.com/news/jim-cramer-says-wells-fargo-193707650.html
WARN letter for Barnhart center, 4th quarter, 2025
https://ccwd.hecc.oregon.gov/Layoff/uploads/LOT9049/WARN%209049%20Wells%20Fargo%20N.A.%20Barnhart%20Center%20-%20Hillsboro,%20OR%20%20Pre%20Notice.pdf
Hiring freeze?
Can someone advise if there’s a company wide hiring freeze going on? Located outside of US. Thanks
Tech Teams - Here is Some Copium
Wells Fargo expands its Technology Banking team amid tech sector growth - Largest talent investment in the 25-year history of Wells Fargo’s Technology Banking organization - Tech Banking team grew by 20% in 2024, adding 20 bankers, with... — read more
Declined relocation package + take severance vs. retirement
If proceeding with declining the relocation package, which ends up being the most beneficial course of action: Severance package or retirement?
Package
What's the best way to get a package if you want one?
WF ESOP
I want to trade all of the WF ESOP in my 401k. What is the best way to do this without getting charged fees?
Remote accommodation medical
Has anyone had their remote accommodation for medical declined?
Business banking
I don’t understand the change…?
I'm so tired of India
If we must keep putting more eggs into the India basket, then find a way to eliminate dependencies and silo them so we aren't forced to try and fit an 8 hour day into a 4 hour window. I'm so tired of having to bend over backwards for their goddam... — read more
Ramping up India - Risk
Hearing India will be taking on more 4 quarter 25 and into 26. A lot of risk/compliance jobs going bye bye. Heard branch exams will be decimated. So sad what happened here
Global Survey
Looks like Global Survey is starting again end of this month. Seems earlier than usual. If you're here on 4/16 you will be included.
VOTE YOUR SHARES for the Annual Shareholders Meeting
We all should have received our notices on voting for the board this shareholders meeting. Use this to make a statement and tell your co-workers the same thing. Vote NO for Charlie. If enough people vote their shares maybe it will register. Little... — read more
Viability of Auto Finance?
What’s the long and short that lending will see a steep decline with the implementation of tariffs? Auto Finance recently entered into an exclusive originations deal with Volkswagen in addition to maintaining a presence as a lending resource across... — read more
4/15?
Which lob’s will be hit hardest?
What does contingent mean on teamwork’s after someone’s position
Does that mean they are being laid off ?
What positions will be laid off the 333 SF market st office. In your opinion?
Half the building seems empty already . I’m the only marketing employee in SF . Seems like they go a lot after business executive consultants or admins .
2025′s top 10 large companies to work for..
https://www.cnbc.com/2025/04/10/linkedins-best-companies-to-work-for-in-2025.html Please god tell me how this is possible folks, was this survey done in India?
Refurbishing branches...
https://www.the-sun.com/money/14005312/wells-fargo-ceo-charles-scharf-earnings-update/
Why do executives get away with doing no work?
Why hasn’t the company caught on some people are only the face and don’t do any work?
What is the criteria they look into laying people off ?
If you’re the only person in a hub in your position do they lay you off ? Are they looking to get rid of under performers , newer people , people who make more money ? What do you think they base it off or is it random
This board is garbage
All the threads here lately are trash. Just fevered lies or d-mb rants. Nobody actually cares about this company anymore. Everyone would prefer to be somewhere else. Only reason they stick around is for a paycheck. Wells has always been a terrible... — read more
Wells Fargo layoffs & two others laying off
https://anz.peoplemattersglobal.com/news/talent-management/over-12000-jobs-slashed-by-disney-wells-fargo-renault-nissan-44654
Santomassimo podcast in newsfeed
https://youtu.be/b8Y2XBOPmE0?si=kM0cJXobYaX4xlYj
Wells Fargo layoffs
Are there any more layoffs that will happen in SF in May?
Displacement package
Does anyone know if displacement package info is sent out via email or does HR sent a physical information packet to your home?
WEC Building Winston-Salem NC
I have heard there will be 2 majors waves in April. Anyone else heard this. Thoughts?
WIM
Time to change up the model in WIM. Numbers looked like cr-p today no matter how they try and spin it. We are wasting an extraordinary amount of $$ on trips to Markets for So l and minions. Too much inflated salary on “sales” people. Jesus... — read more
The earnings call
Wells Fargo’s Q1 2025 earnings call kicked off, and bam—stock dumped to the $50s. Low-key as he-l, nearly two hours (1:47, a record?), but Mike Santomassimo (MS) fielded questions like a champ, and it clawed back, phoenix-style. Charlie Scharf was... — read more