Will there be any more layoffs today? I'm thinking Friday is usually not the day for layoffs, so they've hopefully notified everybody yesterday, but you can never be sure with Wells Fargo. Do we know if we can expect anything more today? Also, good... read more
Comment! It's anonymous! Post information you know, rumors you heard, your experiences, or contribute to the discussion by answering or asking about layoffs at Wells Fargo & Co.. The comment form is located near the bottom of the page.
Topics regarding layoffs at Wells Fargo & Co.
Does anyone know which teams got pre-notices on 11-15-18 and what prenotices entail? This week is the first I heard of a pre-notices. How much time does a prenotice give compared to the regular 60 day notice?
Hello, I am a reporter at WHO-TV in Des Moines. I am wondering if anyone who received a pink slip today would be willing to do an interview? We want insight on how this is impacting company culture. I understand doing this could impact your severance... read more
Please add if I am missing anything... November 2018 Layoffs - Groups notified so far: Consumer Banking (Consumer Lending and Payments); Virtual Solutions Innovation Primarily in the insurance/investor claims and default accounts payable areas.
Which groups have been notified today?
We’re STILL expected to come in every day and act like all is normal. Re- branding WOO-HOO. New stagecoach- ooh and ahh! While the managers smirk and avoid eye contact. Pull the plug already!
I'm not sure if the rumored November 15 layoffs will turn out to be true or not, but I can't help myself but be really nervous about going into work today. Not that that's something new, with all the layoffs we've been having lately that's pretty... read more
Full steam ahead! Screw the holidays! We got word today that many WCOO TMs will be laid off tomorrow. Received official, mandatory mtg request today for mtg tomorrow morning. Thanks, Tim Scrooge :(
Lay-off announcement in Des Moines happens tomorrow
Is insulting to our intelligence. Having been in management roles I can assure everyone here, branch managers are told how much everyone gets. We do not get to dictate that. It comes from the DM’s. We also are not allowed to let people over MRP. The... read more
New York (CNN Business)Wells Fargo executives were warned that the bank's auto insurance program was harming customers four years before it was shut down, according to a lawsuit. Wells Fargo admitted last year to charging hundreds of thousands of... read more
In the November CEO Town Hall, CEO Tim Sloan admits that Wells Fargo personal bankers aren't qualified to advise customers on financial matters when these bankers can't even manage their own finances. Think about that the next time you go to Wells... read more
Has your group scheduled any kind of holiday celebration? Even something as basic as a group lunch together? I haven't heard any mention of anything in my group. Sad.
The ruling applies to Wells Fargo mortgage consultants and bankers who worked at the bank in California between March 2013 and August 2017. About $100M allocated to be paid out to workers:... read more
They started Wednesday. One manager and 12 techs that I know of in my group were let go and that's only what I heard of, I'm sure there are lots more, and much more to come throughout IT. You will either get a meeting request that has your manager... read more
5 people from my IT group got the memo today. :(
More distraction from dinosaur in the room. More ads (tone deaf), shiny new stagecoach logo (sigh), more hyper-focus on philanthropy (patting itself on the back). Shills asking questions (audience largely scowling). Need to spend time focusing on the... read more
And the hits keep coming! (see article below; one of many on topic) Thanks, Wells Fargo. Great job. Might wanna' rethink those lipstick-on-a-pig, rebuilding ads. Wish all execs were jailed at this point. SMH... read more
I see that Wells Fargo must have their social media monitoring team scouring reviews here and flagging them to be deleted for damage to their reputation any longer. I suggest that viewers and posters here install a VNP solution if browsing from... read more
Maybe there will be no more layoffs at Wells Fargo now since the company seems to be "bouncing back" like a new baby from it's prior operating procedures and policies. Wells Fargo Management has learned that it cannot push it's internal employees too... read more
Curious if anyone actually participated in the walkout? If so, what was the outcome? Wondering about the effectiveness of this even.
Wells Fargo has been stealing from its employees especially minimum wage ones by not paying overtime for a long time. The private bankers and tellers and branch staff were pushed to open fake accounts, by working overtime to do so, and they separate... read more
The way this layoff announcement has been handled illustrates perfectly the WF attitude towards employees. Make a giant splash to make Wall Street feel comfortable, and leave the people they jokingly call team members twisting in the wind. Why do I... read more
Nada. Zilch. Nothing. That's the substantive info we've heard from management. Told us up to 26,500 will be cut within 3 years. Benefits gutted soon afterward. Then, deafening silence as we twist in the wind. Death by a thousand cuts. Lives in the... read more
Is today the day layoffs start 10/31?
I am telling you all to not join the planned (hopefully now NOT planned) protesting Walk Out on November 1st because I do care about my fellow Wells Fargo team members. I know the outcome will not be good for anyone who participates in a company Walk... read more
None of the Wells Fargo employees will actually participate in the planned "silly" Walk Out instigated by someone. Because they really do want to still be Wells Fargo employees and not lose their jobs. There is always someone else out there in the... read more
We all want to work hard but we also want to be compensated fairly for the work we are doing. How can you be happy about your measly 1-2% pay raise when inflation is running 3-4%? You are losing ground if you are happy with that. did Sloan or the... read more
There is absolutely nothing "Random" about who gets laid off. I have been Wells for a very long time (Norwest). As the Mortgage side gears up for more of a Centralized platform my guess would be MAP Centers will be the first to close.
What groups were targeted and who got axed in Rancho Cordova. I am not asking for specific names of Wells Fargo employees, I respect their privacy, I am just curious about what groups got the axe and how wide spread the culling was this time (not the... read more
Breaking news that Chief Administrative Officer Hope Hardison and Chief Auditor David Julian are on "leaves of absence" and are immediately removed from the Operating Committee in relation to regulatory matters - with David being replaced and it... read more
Truth or fiction company walk-out 11/1.
Is it true that they don’t do layoffs in November and December?
I think if people don’t take the survey, it will lead to senior leaders thinking all is wonderful and cozy. I too am blatantly honest in the surveys too. Can’t fire me for honesty and honesty is part of having integrity. Please do take the survey... read more
Senator Warren is asking for anyone with information about the unethical and abusive customer practices to contact her office immediately. You can remain anonymous. Information should be mailed to the below address or you can also call. 317 Hart... read more