Leaders like Charlie use people’s weaknesses to accomplish their goals. If I were Charlie, I would take notice of the yes-men scrambling to please me in order to save themselves. I would use them, then I would get rid of them. Ultimately, I would... — read more
Topics regarding layoffs at Wells Fargo & Co.
As a tech lead, there are a lot of people not behaving the way they should behave. Narcacist managers, they feel they are better more qualifed people than you. This can lead to negative effects in the narcasists life. For example, they have 0... — read more
RSOs(regulatory source owners), maybe 200+, are being eliminated. The CCO and her senior leaders have been hoodwinked into believing the new platform called ENGIn will replace the judgement, experience and vast industry knowledge of RSOs. The OCC,FRB... — read more
I got a decent offer from a relatively small regional bank (around 1,000 employees) but I'm reluctant to accept. I can't figure out why I'm not jumping at this opportunity since I know that realistically, my job can't be less safe there than it is... — read more
"Strong people don't put others down, they lift them up " ~Michael P. Watson That seems to be the theme around Wells right now. Managers that used to have confidence and great teams are now just running scared and ensuring their teams look... — read more
Have a sh–ty manager at wells? Got a poor performance review with a performance improvement plan? You might qualify for a constructive dismissal claim. Talk to a lawyer before you sign any severance paper at wells fargo: "In order to... — read more
Tons of employees are getting laid off because the company isn't allowed to grow. The business is forced into a situation where they have to get into niches that use less headcount and what headcount they have they ship off to India. It also hurts... — read more
Anyone have any insight on this and how it is going to affect the branches? I heard simplification of rolls and titles. Will there be compensation changes?
I got word our group will all get canned in February 2021. Anyone know any ideas how to avoid this?
Do you get no bonus if you are a 2 or 1
It's been stated here that the company takes screenshots of employees computers to see what they're up to. Make sure you cover your camera with a stick it note so if they monitor you they won't catch you half dressed.
High probability that if you have not yet received your review that you will not be around much longer.
I'm new to this. Is it in the process of discussion to request modifications to the content, if you disagree?
Rumor that a large number of areas at the Glen Allen VA operations center are being moved to India. That will cause a large number of layoffs there. Anyone know if true?
Q2 and Q3. Very very difficult to stay motivated with possible layoffs hanging over my head.
India: Free healthcare for you, spouse, children and parents Wide selection of subsidized (almost all free) online courses not available in usa Free life insurance policy More holiday time off International cultural coaching training onsite... — read more
If someone receives a promotion that comes with bonus eligibility during year end compensation time, would they have to wait until next year to receive any bonus? Or will they get one this year? Thanks!
Does anyone know when your manager will disclose how much bonus you will receive?
What happens if you refuse to acknowledge your PR? Who gives a sh*ti if you are not getting a raise or bonus while performing?? So ridiculous.. Don’t waste your time and focus on not being an inept manager.
Is Bonus Pool in and anyone knows what we getting? Only need to know percent of last year good is higher not so much if lower. Please share us the information. Only if really knows please.
With Covid and the restrictions around going into the office, how is everyone getting a copy of their Performance Review for your own personal file? Are you just asking your Manager to go into the office? Can WF deny us a way of getting a hard... — read more
Any SMs worried about the position being eliminated?
Been an exceeds for years, now back down to meets under the current guidelines, even though 5 of my 9 criteria were rated exceeds while only 4 were rated meets. Can't really complain. The big project I was working on has ended and our normal... — read more
Get your chat on
Still am not going to trust them though.
Is there a reason to do anything beyond bare minimum currently at Wells Fargo? I personally don't see it. Benefits are getting cut, promotions are based on nepotism and cronyism instead of merit, we are all well aware that there is no such thing as... — read more
After bonus hits.
Feeling concerned. (Already was) I Received an email today, To my Wells Fargo email address. Regarding on how to update my RéDoem praying this was sent to all the folks. . Not just myself. Any One else get one?
It was my understanding review discussions were to begin 01/19, but I haven’t heard anything. Have reviews started for anyone else?
How did you handle it before you got out?
https://www.americanbanker.com/data/bank-holding-companies-with-the-most-employees-sep-30-2020 Just sad we're all getting laid off and or replaced by Indians. I guess the gov't doesn't care about us.
If you take a personal leave, they don't have to guarantee that you have a job when you come back. So, the question is, if they don't have a job, for you, when you come back, are you terminated without salary continuation or are you eligible for... — read more
What would be a good estimate?
I was laid off in October.
I’m not saying it can’t happen, but the plan to bulk up Investment Banking feels like a pipe dream. We’ve never been known to be a player in that market. There are too many other firms, that already have the prestigious reputation in that segment... — read more
Anyone else notice the covid vaccine was listed as one of the ways they're planning to achieve forcing us all back in the office? If not, check out the recent flurries of emails Friday... it's there, right along with having to claim your back to... — read more
What is the latest on the bonus pool & funding considering it will be communicated by next week. Obviously will be different across different LOBs but any indication of what has been approved yet as % of target?