Since layoffs now seem to be a weekly thing, any thoughts on what could be hit next week?
Wells Fargo has taken pages directly from George Orwell’s book “1984”, but not as a lesson in what not to do, but in how to operate the business. Effective 7/1/2022, WF is going to start (if they have not started already) to monitor mouse and... — read more
Is there an internal Wells Fargo policy that prevents us from discussing our compensation with the peers? I know that many go to websites (glassdoor????) to share salary info, so I am assuming that's OK because that info is on many sites, but what... — read more
How is Chuckie goosing the stock today? Up almost 8% when the markets are only up 2-3%? Something seems fishy…
Can someone explain what all this is about, going from projects to products?
Obviously, Concord office is flooded with COVID cases that now they require wearing masks and testing weekly until 14 days without COVID case. This means wearing masks indefinitely as the more people test the more positive cases will be found. Why... — read more
SVB and his cronies are gaslighting individuals into thinking that WFT is the place to be. Prep for your interviews, jobs for engineers are plenty. You don't have to join a Coinbase or Netflix or Tesla .. There are much better companies than WF out... — read more
Wells Fargo can't compete with the fintechs. Wells fargo is too pricey in it's product offering. Wells Fargo needs massive investment in its core IT infrastructure. Wells can't buy anything because of the asset cap......Charlie and his weak, punk a-s... — read more
It's only a matter of time before we'll be expected to start going in five days a week. The bank just renewed the lease over the San Francisco office for a full decade. You don't make that kind of investment in office space unless you're planning for... — read more
Wells Fargo closes branches at Lehigh University and in Langhorne, federal regulator says... — read more
Attrition levels have reached a new uncomfortable high at WF, despite the 'great resignation' cooling down. There has been recent panic about this. The execs are finally seeing how (the shamefully outdated) RTO has impacted an already uncomfortable... — read more
Do you think he is bothered by it or does he wear it as a badge of pride?
Given that RCSA was a total blunder, and the army of folks that have been hired in Operational Risk teams to satisfy the consent order, what is the future of this team and/or Bill Juliano. Derek clearly shows his frustration with the botched RCSA... — read more
Here is why I am quitting: The sense of purpose is lost, why are we here and what are we trying to accomplish as an org - what, as individual, I can do to contribute? I have no clue why I am here so I am leaving. We moved away from remote... — read more
Tell me how you feelin whilst I take a sip of my coffee with much Agility.
I noticed today at my site that you must now badge to leave. I'm sure this is related to big brother watching that everyone has RTO and isn't leaving early. Isn't this a safety issue? What happens if there is a fire or mass shooting and everyone is... — read more
This thread is ONLY for people with bad luck of having a manager who is a clown. If you have a clown manager you are welcome to join our large community and vent a bit in this thread. please do not use names or talk politics as the mods will remove... — read more
I was laid off from a competitor bank in March. I am getting read to apply for a position at Wells Fargo but I am not sure about your vaxx policy. Is it still required to be vaccinated? TIA
How can a company/manager/HR change your employment status from non-exempt to exempt without asking for my input? I work in an Employment at Will state, Texas, but does this even make sense? I’m afraid to ask why/how this happened without being... — read more
We are going to Incremental Compliance Test our way out of this consent order. That will show them. Great way to use it 1,000 testers when it doesn’t even align with company’s framework. It’s a sneaky way of saying “things are broken” without... — read more
Citi is currently hiring in huge numbers as is Goldman Sachs. They are far from the only ones. I see people panicking for no good reason. If your skillset isn't rusty, then you have nothing to worry about. All you have to do is do a couple of... — read more
Putting aside everything that makes me unhappy at this company (And the list is long), there was never more reason to try to land a better paying job. Let’s be honest. The inflation is realistically well above 10%. Iz WF going to give me a 10% raise?... — read more
anyone is having pulse-secure problems right now? #technologyconnection
Let's say, the retirement age is 66. Good health. Let's assume life expectancy at 88 years. This leaves you with 22 years before you expire. Let' say average lifestyle is about 10K/month. Let's say you were making good $$$ while working, now your... — read more
High interest rates are a blessing for banks. Money will start to roll in, things will be more relaxed. A recession may start but we'll bounce back from it. I am not trying to BS you, I am just putting things into perspective. Mortgage, Refi, will be... — read more
Managers going up the vertical ladder are starting to complain and gripe about productivity dropping and errors increasing. They are all raising a fuss when I am laughing and showing them a mirror. A big delicious fat mirror all shiny and glowing... — read more
I’ll be going on WF’s 16 week parental leave in a couple of months. Am I protected from being laid off during parental leave?
Does anyone know how far away from your assigned office you can live? Can you live in two different cities but the same state? Or is there a specific number of miles you can’t go above
Whatever ended up happening to that Enterprise Change group? I was going to join awhile back but they’ve had so many leaders leave I lost track of where it ended up and now I can’t find it??? Does anyone know info about that group?
It's a sad day! Good luck all.
Has anyone been invited by your manager to lunch? Said to celebrate my graduation, just feel it is odd. I didn’t know large corporations do something like that.
https://www.linkedin.com/pulse/where-do-good-ideas-come-from-fueling-innovation-engine-chintan-mehta/ "The best “sparks” are generated through organic cross-functional networks with continuous feedback, along with the added benefit of being able to... — read more
Team meeting. Mass mortgage layoffs — didn’t get exact numbers but “more than previous staffing decisions.”
Pretty large number of people were noticed today. Refi volume which has driven a lot of volume over the past couple years have slowed way down. Most people knew layoffs were coming but still doesn't make this feel any better.
Investors who say Wells Fargo Bank NA aided and abetted a real estate Ponzi scheme in which they lost millions asked a federal judge in California for permission to move forward with a $3.75 million... — read more