Only the few unhappy post...
Topics regarding layoffs at Wells Fargo & Co.
Joined WF with hope and gratefulness several months ago. I know it's a difficult time for everyone but I still feel sad and sorry when reading the things posted here. Please take care of yourself no matter what is going to happen, and please remember... — read more
Having seen Charlie’s work first hand at his previous gig, I’m not surprised here I wonder why he keeps getting CEO when the only thing he can do for “growth” is to cut deep and hard. Best of luck to you all.
Curious how creditable and anonymous this tread is? People are losing their jobs! Anxiety levels are extreme! What here is the truth?
If/when they sell off WFAM business what are the chances and % of layoffs? What department will be impacted? Trying to decide if I should start looking elsewhere.
I was in a tech position and my health (mental and physical) were going way down... I ended up leaving Wells due to the various issues which I dealt with... I reported the issues to HR and an investigation occurred but as many have said nothing... — read more
Will anything stop the bleeding? https://www.bloomberg.com/news/articles/2020-10-27/wells-fargo-shares-plunge-with-investors-awaiting-word-from-ceo
To me if 1000 are let go today that is massive. Full stop. In the grand scheme of 260k+ employees at less than half a percentage it is not “a lot” of people. But any coordinated culling involving multiple groups occurring on specified dates is indeed... — read more
I am a Personal Banker at one of the busiest branches in my district and was laid off along with another employee today. I've been with WF for 10 years. I was told my position was "eliminated." 60 days severance.
My mortgage department announced that those affected had already been notified today, which is a Tuesday. There will be a meeting tomorrow to discuss the restructuring. Historically though you are right, you usually find out about being laid off on... — read more
Is there anybody who has an employment lawyer who specializes in cases against Wells Fargo? Asking for a friend, has nothing to do with being laid off it’s being treated like a wounded animal and s-xually harassed and treated differently than... — read more
If I am understanding correctly if you get a 60 day WARN notice but they turn off your access you still get paid for those 60 days? And benefits as well for those 60 days?
Whoe else is on the call? Do you need to see her in person? What's said? Were you asked any questions. Do they take your equpiment immediately? Do you have a chance to ask questions? So many questions....
Advice - Get your resume out ASAP - it's always wise to leave a sinking ship. I left a failing high-tech company [ I resigned ] long ago when the "writing was on the wall" - it was the best career move of my life. I never looked back, but I did pity... — read more
Home Lending was hit hard today - 60-day NON-working notice for all / starts ASAP. Access cut off today at 6pm CT. So sad!
CTS saw some lower management cuts in MD today. Please chime in if you've been affected or if you have more details.
Will Auto be hit with layoffs? Or are they exempt, including the managers with fewer than 7 directs? There sure are a lot of managers in Auto.
Look, I may or may not wind up being affected by this cut or another one, but facts are facts - we are WAY bloated from a people perspective. Denying that is just kidding yourself. And our costs for doing business is around 74 cents on the dollar. We... — read more
Hello I'm Glenn Counts with Channel 9 in Charlotte, I'm looking to speak with anyone who was laid off today who thinks they are part of massive staff reduction taking place at Wells Fargo. please contact me at [email protected]
This is the way they have done it for years, the next step will be reduced service , higher fees and closing office.
While other corporations fire their employees on Friday affectionately known as Black Friday Wells does it on Wednesday. If you are called to a meeting to embrace change you are getting laid off. Must be from the Wells Fargo Manager speak handbook... — read more
CA? TX? NC? MD? IA? Anywhere else?
Being vague to not be identified, but a group of underwriters were laid off today. Communication already went out
3rd level mgmt 2 people lost today in Arizona so far...
Going to celebrate tonight, me vale madres! Looking forward to a fresh start in 2021
Any IT or Security Layoffs (Saul's org).
In the WFVC dept. no news yet. It’s 3:15pm. So far nothing.
Hello, to piggy back on Austin Weinstein in Charlotte, my name is Tyler Jett and I'm a business reporter with the Des Moines Register. I am following the rumors of mass layoffs today as well. If anyone has any information about layoffs in the Des... — read more
Hey again – this is Austin Weinstein, the banking reporter at the Charlotte Observer. If you're hearing stuff about layoffs that's not confirmed, I can maybe help out. In my experience, banks are far more likely to respond if it's a reporter asking... — read more
Hey all, how about we keep today's updates to one post. I volunteer this one. Please include some useful information. Like if you say "we all got fired today" maybe include your location and department. It's starting to feel like the "massive"... — read more
Any truth to widespread rumor that severance package will be cut starting Jan 1?
drill into top managment - notice all the "reports to open position" 3rd and 4th level management.
There was a recent post the listed a couple dates after 10/27, but now I don't see it. Any big dates in November or December?