Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Who can view past performance reviews?

If I'm applying for another position internally, can the hiring manager view my performance reviews? And/or if I move to another group, will my new manager be able to view past performance reviews? I'd appreciate any general info on this.

Cops called to the Barnhart Site

Does anyone know why the cops were called to the barnhart site? Police cars were parking infront of building and cops were in the lobby..

How many people got bad reviews undeservedly?

I see more and more people complaining about bad reviews, which they think are unfounded. My impression is that the whole review process is designed to be a cover for layoffs by numbers, and not by quality of work and results. Vast majority of... — read more 

Sham Reviews

Several of us on 60 day notice, all 15+ years service, received reviews less than Meets. First time ever. Will this cause any negative impact to severance? Or rehire in the future?

Do You Think….?

That now Saul saved Kerrins for what , who knows. But do you think that making her head of consumer tech and Gen AI that he is going to have all that report to him inside Consumer Banking. Hence Products and Tech being tied together? And he can... — read more 

Meets is the “new exceeds”? WTF?!

So I’m an a sales position, have consistently exceeded my KPI’s and was given a meets? And told “meets is the new exceeds” and that it is impossible to get above that. Why do we even have a five level scale if the top two are unobtainable? — read more 

Wells Fargo Now has 17 Branches Unionized

It’s time we fight back corporate greed and stand up for ourselves. We can use our collective voice to demand better working conditions for ourselves and our co-workers! Charlie Scharf and his cronies are never going to listen to us unless we force... — read more 

Technology August 20th Layoffs

The location strategy layoffs tied to RTO is ramping up. August 20th is dday. Expect few hundreds to be slashed. You will thank me later.

Come on Charlie

You allocated close to 1B for severance for this year, come on and hit that goal!!!!! Don’t let yourself look bad!!!

Three paydays in August, I say with Bated breath

I was looking forward in the beginning of 2024 to three paydays in August. It's an awful feeling not knowing what's around the corner. Oh those Tuesdays after payday. 😰 God help us.

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Post ID: @OP+1tN3AdrH

CS describes leadership style in podcast

There’s a few podcast on his Shart corner section. In one, they ask him to describe his leadership style in 3 words. He said; Open, Highly ethical, and partnership Are you kidding me? Think he left out: cut throat, offshore, uncommunicative — read more 

COMFIRMATION OF TOTAL COMPENSATIONS

I just want to confirm total weeks of payment including 60 day notice after layoffs. 60 day notice = 8 weeks Standard 8 weeks serverance = 8 weeks. 2 weeks per year worked. Example 5 years of employment. 8 weeks + 8 weeks + (2x5) weeks . = 26... — read more 

LAYOFF COMPENSATION AMOUNT

For 401K match - the 6% match is based on 6% of total compensation(I.e. base salary + bonus). In terms of layoff, is the severance based only on base salary or total compensation.

Layoffs

My entire team is worried about layoffs under new leaderships, should I be worried?

Internal Transfers

Anyone know what the rules are for internal transfers. How long do you have to be in a role before you can ? How long after a promotion before you can ? This info doesn’t seem to be widely circulated.

Relocation decline

If someone declines a relocation package, will they get a working or non-working 60 day notice period?

Overabundance of "Approvals" - Major Time-Su-k

This place has gone mad with the concept of the "approval". Emails asking for approvals. Systems asking for approvals. Emails asking people to go into Systems to approve. Control, IRM, FLIV, Leadership - a cast of dozens of people need to approve... — read more 

Missing posts about TK??

Whole threads and individual comments have gone missing since yesterday - all that are gone were negative statements about TK ..... very interesting.

There is a lot of fat in a company this big

The fact is we do need layoffs. The problem is that it's not the real fat that's getting cut every week but the people who do the actual work. The fat remains and only becomes more prominent over time. That's Wells Fargo's main problem, not the... — read more 

Legal question

I have evidence that my child leave negatively affected my performance review. Is it worth it to contact outside counsel? I would normally not but the company has gotten so toxic and something like this seems so wrong that I cannot see myself letting... — read more 

Las Vegas Layoffs Wells Fargo

https://www.citynewsvegas.com/business/wells-fargo-announces-layoffs-impacting-over-100-las-vegas-workers/article_88d74ec2-4dff-11ef-91af-6b5519550ff9.html

Location Strategy and RTO now has ADA and EEOC precednet

https://www.yahoo.com/news/jury-awards-former-wells-fargo-181350732.html? “Wells Fargo continues to say what its anti-discrimination policies are. But the jury and the court plainly heard from Wells Fargo’s own witnesses that executives at the... — read more 

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Post ID: @OP+1tMVDPUS

Steve jobs in his words

About the current management https://www.instagram.com/reel/C90aqjHxnzc/?igsh=MTFodjJsYm45eHFvZQ==

Dear Bridget

For the love of god get rid of this agile cr-p!!!!! Please 🙏

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