Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

The best LinkedIn post I've read in a long while

"No one wants to work. Our turnover is terrible." Did you give raises over 7%, the rate of inflation, so workers got ahead? "No" Did you give larger raises and bonuses to execs than others? "Well, yes, but..." Did you ask people to pick up slack for... — read more 

Where would you look for a job outside banking?

I’ve been in banking for 15 years, and have changed three banks. I want to leave WF and the industry. I’ve been trying to think outside the box, and have been sending out resumes to smaller companies, some insurances, and even applying for government... — read more 

Warren's letter ...

https://www.bankingdive.com/news/warren-wells-fargo-asset-cap-fed-powell-barr-letter/733625/

Any laid off people going back to WF?

For laid off people or coworkers of people laid off, are you/they coming back to WF? I personally know of only 1 person that came back and that was to maintain PTO and benefits.

Cloud PC

What they say, "enabling you to work from anywhere." What they mean, "enabling us to move your job anywhere."

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| 750 views | | 5 replies (last November 22, 2024)
Post ID: @OP+1vBT20XL

What's the best age to quit and start a company?

Enough of hard labor for peanuts, I think I have enough experience and skill to start something meaningful. What would be the best age to start a business? 20s, 30s, later??? What age would you pick and why?

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| 520 views | | 7 replies (last November 21, 2024)
Post ID: @OP+1vBZCuqq

Quiet Quitting playbook

The “quiet quitting” playbook is well known: “in a meeting” on MS Teams scheduled slack, email, code at late hours private calendar with blocks mouse jiggler for always online “this will take 2 weeks” (1 day) “oh, the spec wasn’t... — read more 

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| 1390 views | | 9 replies (last November 21, 2024)
Post ID: @OP+1vAIZGlN

EBCE to be crushed

Large number of EBCE to be fired or moved to ITV under the big one.

I need to confess employee review calibrations

Coming out of these management employee review calibration meetings makes me feel ashamed and disgusted. But I have no choice but to play along and fabricate reviews to please my senior executive.

Bonus with job change

Has anyone had any experience with receiving your bonus when you accepted a job in another department? I have an opportunity to accept a much better job in a different department however the job would not begin until early January. My current job... — read more 

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| 1040 views | | 9 replies (last November 21, 2024)
Post ID: @OP+1vABqOWp

I’ve figured 3-5 years is max one should stay with WF

More than enough to fatten up the resume. Anything beyond comes with diminishing returns. The time before your skills and experience become a burden has been progressively shorter. There’s always cheaper and more convenient replacement. You can be... — read more 

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| 590 views | | 4 replies (last November 22, 2024)
Post ID: @OP+1vzqjRUJ

inquiring minds...

where is wells home lending division located and are they on a hybrid schedule or 5 days in office? TIA!!

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| 670 views | | 4 replies (last November 20, 2024)
Post ID: @OP+1vzNDTd8

Will joining a union actually help save our jobs?

I see flyers in the lunch room and common spaces spread throughout the AZ campuses trying to get employees to start a union. Will this actually help save our jobs and improve the quality of our jobs? Mgt can just lay us off union or not, right???

Early Retirement

WF needs to come up with an incentive for those who qualify for retirement but are not at retirement age. That would clear out so many people and the company would unload cost of long tenured employees who probably hate their job anyway.

Sad Story

A person in her 60s, with a retired spouse, insists on continuing to work despite their age and health challenges. The reasons? The desire to get the 401(k) match, the annual bonus, and because the income is “too good to pass up.” Due to health, they... — read more 

Crystal ball for GTM

Any crystal ball outlook or rumors for Global Treasury Management?.. other than the perpetual revolving door and shuffle

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| 900 views | | 5 replies (last November 19, 2024)
Post ID: @OP+1vywlRFH

Remote workers

Any idea when remote workers should be displaced by this year? Before or after the holidays?

Holiday table time

Can’t wait for the dinner time comments from the drunk mother in law about how everything I own, the food I have the house and car were all bought with dirty money. I hate her and hate her even more for being right. I need a shot of bourbon just... — read more 

Still here?

If you are still here and have lots of time before retiring, there is a reason. Is it because you fit in, trapped because of salary, poor job skills..why? If you are waiting for your golden ticket, ok I won’t judge, but why would a younger person... — read more 

From Citi to WF

If I’m from Citi, what are my chances of getting a gig at WF?

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| 1010 views | | 8 replies (last November 18, 2024)
Post ID: @OP+1vw8VwyI

Request PTO via iFargo

Can you believe TK is spending money to give us the ability to request PTO through a chat bot and this is the highlight of the GenAI outfit she’s running lol. What a waste of resources. The current process to request PTO in workday is fine. Never... — read more 

Bonus - 401k

It is that time of the year people are waiting for the 401k match and bonus to leave the Charlie show. What are dates for bonus payout? I know 401k match is employed by mid December. GL!

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| 1530 views | | 10 replies (last November 19, 2024)
Post ID: @OP+1vvaXBOL

Layoffs during leave

I know a few people who were laidoff during maternity leave, short term disability and out on PTO for more than 3 weeks. Shartz has no soul. Zero concern for anyone but himself and his bonus.

Anyone else seeing this?

I've noticed that the last couple "Tuesdays after paydays" rounds of layoffs there was a significant number that got downsized on Tuesday, and then a bunch more on Wednesday. I'm not talking about a few stragglers that a manager couldn't make contact... — read more 

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