Layoffs is delayed this week due to holiday. Just like your garbage pickup schedule. Layoffs continues tomorrow.

Maybe they’ll make up for it on New Year’s Eve?

Good morning and happy holidays to you and your families. I’m sure you will wake up this morning, love on your kids and shower them with gifts. Like us - you probably want to give them the world while also teaching them to be kind, respectful and... — read more 

Who received an early Christmas present today?

When I take PTO, my ar-e is offline and I'm gone. I'm constantly amazed at how many people (managers and non-managers) take PTO and then work all day. Responding to emails, sometimes attending meetings, showing green on Teams all day.........for... — read more 

Jim Cramer Says 2025 Will Be ‘Fantastic’ For Wells Fargo & Co (WFC) https://www.insidermonkey.com/blog/jim-cramer-says-2025-will-be-fantastic-for-wells-fargo-co-wfc-1412649/

Merry Christmas Eve to the best coworkers ever.

If it’s true that most at West End Center will be let go in 2025, anyone have any idea about the timings? 2 waves? Mid year? End of year?

If you see bottom engineers work hard, that’s because their pay is close to the upper engineers. As simple as that. Pay push you no one else could. Favoritism in action. Managers put more money on their favorite bottom engineers.

Am laid off just now

I’ll get laid off anyway.

I think banking in general is simply a bad industry to be in these days. While WF's US-based layoffs have been among the worst of all the US banks, all of banking is in decline. Whatever your specialty is, I'd suggest looking for some other industry... — read more 

They tried to make me leave from doing coding and I learned it on my own! F off 🤣

If you’re thinking of dodging layoffs by jumping to a different team, don’t kid yourself. This is basically the Hunger Games, and guess what, the leaderships is the only one who gets out alive. Everyone is getting fired.

Merry Xmas or Merry Axe-mas?

https://www.cnbc.com/2024/12/20/cramers-lightning-round-wells-fargo-is-a-buy.html

Given the string of issues over the past several years, is it possible there could be some discriminatory issues against protected classes if someone were to look at the demographics of the layoff numbers? I suspect maybe? Thousands of people have... — read more 

I view it as the bank being raided from the inside. There are zero good intentions on the part of our C-Suite. Despite what Charlie & Co say, they are squeezing every drop out of the company for their personal gain and then will abandon ship. Their... — read more 

Given the dysfunctional environment described in this site's posts, especially those about agile, former IT management of this bank face a unique set of challenges and opportunities. This is advice a career coach would give you. By the way you may... — read more 

Given the dysfunctional environment described in this site's posts, former IT employees of this bank face a unique set of challenges and opportunities. Here's advice tailored to both IT workers -- especially to those "quiet qutting". This is advice a... — read more 

Hi - I’m at the final interview stages for a Senior Lead role (P5) and being considered for another position as Senior Manager (M2?) in the New York area. The compensation range for base goes all the way to 300k - does anyone here have any... — read more 

I still can’t understand how WF can lay off everyone & continue to do. Does that mean everyone had unnecessary jobs? Who is doing all their work? I mean they were doing work up until the day they were laid off.

Another day, another lawsuit! https://www.consumerfinance.gov/about-us/newsroom/cfpb-sues-jpmorgan-chase-bank-of-america-and-wells-fargo-for-allowing-fraud-to-fester-on-zelle/

The command and control hierarchical structure is the single biggest source of waste and inefficiency bar none. This whole attempt to be agile without the proper organizational restructuring has left everyone in chaos and confusion. Then you have... — read more 

https://www.linkedin.com/posts/wellsfargo_we-are-delighted-to-celebrate-our-newest-activity-7275751829823488001-5nnu?utm_source=screenshot_social_share&utm_medium=android_app&utm_campaign=copy_link

My favorite statement in this article "The greater the distance between the C.E.O.’s home and the company’s headquarters, the greater the performance gap."

I work in the tower in Winston Salem. Found out the lease for our specific floor was renewed on 10/1 and is renewed until 2030! I believe this to be a positive sign as I was worried about location change to Charolette being imminent!

Hi there, New to The Layoff, could not find an easy search option on my phones browser to see if this has already been discussed. I will have to go into the office on Saturday for a year end deliverable. Do weekends count towards RTO? Would love... — read more 

Was told that the target bonus for my role will be 10k when hired. What can I realistically expect to get? 0-10K?

Does anyone know when bonuses are paid out in 2025?

Holiday message videos from Technology leaders broken. They should be fired.

This manager, a very senior one has a degree from DeVry. Another has no undergraduate degree. The top guy was hired by his friend, and is interested in increasing offshore labor mostly because of his own color All would be fine if they were... — read more 

12/5/2023 WELLS FARGO CEO EXPECTS SEVERANCE EXPENSES TO EXCEED $750 MILLION (Reuters) Wells Fargo CEO Charlie Scharf told investors he expects to book higher-than-anticipated severance expenses between $750 million to a little less than $1 billion... — read more 

I’m close to 55. I’ve spent my whole career in banking, and been with WF for the past 15 years. I’m terrified of losing my job as soon as I turn 55. I’m fully aware that the likelihood of that happening is actually very high. I would be fine with... — read more 

Next Tuesday is a Tuesday after payday and also Christmas eve. Would anyone be surprised if there were layoffs?

I heard that the retail HMCs and PMBs have a new comp plan today. In MN, it will be a salary of 15.57 per hour. No draw. Big cuts in bps in the tiers. $150 min commission, which is down.

Does taking a full week of PTO count towards your average in-office week. If I go in once this week and take a full week next week, will I show up on a report?

Based on my experience, about 1 in 4 managers are actually decent and this ratio has been declining over the years. The rest are manipulative, shady, politicking knuckleheads who have no clue about the teams they are supposedly "leading". This... — read more