Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

No reason to try to hold on to this job

I’m not willing to relocate, then lose the job anyway in a short time from now. We have a constant stream of layoffs, and upper mgmt does not inspire trust nor demonstrate any competence. I have no reason to believe that the situation will improve... — read more 

More layoff continues...

Next Tuesday, June 25th will see a substantial number of people let go. In fact, many have already been told unofficially to plan for it. Especially, those who have been here for over 20 years. That being said, if you are let go because of "location"... — read more 

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Is this normal?

Started at wells as a contractor and for my job I have to contact multiple people for information. Many of these people do not respond at all or only give incomplete answers and can’t tell me where to go for further information. My manager is on me... — read more 

Layoff and Disability

Non-remote but non-core location team member here. We were told that we would be displaced however I have scheduled surgery and will be off for at least 3 months. Anyone been in my situation and know how this will impact severance? I don’t have much... — read more 

To all the IRMs in operational risk

You have no accountability, no substance, no ability, no skill, no common sense, no business sense, no sense whatsoever, no insight, no utility, no value, no clue. Nobody knows what you do. No one needs you. No one will miss you when you go... — read more 

Relocation Assistance

Has anyone received information they are willing to share about the relocation assistance being offered? Being told I'm getting it, but won't know details for several more months. Any insight is helpful.

Job Changes Max 5% Wage Increase

I just had an interview and the recruiter informed me Wells added a new compensation rule 3 weeks ago that promotions to a new team cap wage increases at 5% and the new pay could be delayed until Jan 2025. Has anyone else heard of this?

Last severance check question

I am nearing the end of my severance. My severance period ends on June 28, but the normal on schedule payday for that period would be 7/5. Do folks that have gone through this know if that last severance check would come on 6/28, off schedule (as was... — read more 

6/25

I’ve heard from others at work that this is supposed to be significant date 6/25 for releasing team members? Anyone else know this as well?

Mouse juggler

Did anyone hear any news about mouse jugglers getting caught? Is anyone worried like I am? I’m literally sh@ting my pants

Severance pay - Lump Sum

I am thinking about receiving the lump sum. It says it could take up to 60 days to process and that they would not process it until after your 60 nonworking day period. Has anyone had experience with this? Does it take that long to receive a lump... — read more 

Maternity Leave and Layoffs

Are there any legal avenues to seek if I get laid off right before or during my maternity leave? I’m expecting my first child next month and feel like they will be coming after me.

DAYS and HOURS in the office being tracked

It's not only the number of days you are in the office but how many hours per day. Reports are being run with that information and have been for 2 months now. People who are not spending enough time in the office are subject to being written up and... — read more 

CB Intern Locations

Commercial Banking interns are located in many CB non-core locations including San Diego, Denver and Seattle yet I cannot apply for or be hired for future roles in those locations or continue my employment for much longer in one of those locations... — read more 

India employee appreciation

LinkedIn posts show a very different employee appreciation versus stateside lol - we got nothing here but I’m in a non hub.

I want to "work smarter, not harder"

I work 70+ hour weeks and I'm tired of it but I'm so scared of being fired if I say no to any of it that I just keep doing it. My boss is an a--hole and I wouldn't put something like that past him. So much of what I do is not my job but I got stuck... — read more 

WIM Allegations of Misconduct and Fraud

According to a Bloomberg report citing disclosures filed with the Financial Industry Regulatory Authority last month, allegations include: Mouse jiggling as fake work, Fake interviews and hiring practices, High corruption involving the sale of... — read more 

Commercial, from 3 to 4 days in the office

Most if not all of commercial, have gone from 3 to 4 days in the office beginning around Fall or early Winter. How are you holding up? Or is it not that noticeable anymore?

Wells Fargo should go back to being Norwest Bank

Preposterous? At first -- you bet. Remember it was Norwest Bank that purchased the struggling Wells Fargo bank. It changed its name. It may be time to reclaim it. What good is the Wells Fargo brand? How tarnished is it? Has Wells done anything... — read more 

PSA: you can freeze your Work Number info

There are other such bureaus too but they are the biggest. I don’t have the details, but some states may give you more power than others. You can always unfreeze later. Might be useful if you do t want to drive an Uber or do odd jobs during your 60... — read more 

Offboarding

How ironic is that the HR reps processing my offboarding are all from India….

Final Paycheck Question

I noticed that my final paycheck posted today on Workday, pre severance, and includes PTO. However, the funds have not hit my bank account. I understand that money paid before a pay date is considered off cycle. The processing takes longer and the... — read more 

Firing for using mouse jigglers

Mouse jigglers' pretending to work fired by bank US banking giant Wells Fargo has sacked a number of employees following claims that staff were faking keyboard activity to fool the company into thinking they were working when they were not. It is... — read more 

Move or Charlie Rips the Chainsaw

So since next week we are getting letters to (A) Move or (B) GTFO, in my department because "every bank has a location strategy" what is everyone leaning towards? I think this is the beginning of Charlie's reign of te---r before he jumps to the next... — read more 

Town hall watch parties

I saw that many of the hub locations hosted watch parties for the town hall during employee appreciation week. Did anyone here attend one and was it lit? Unfortunately I am in a non-core location but am eagerly looking forward to relocating to a hub... — read more 

Telecommute for me, not for thee

9/27/2019: "...Wells Fargo, still recovering from a fake-account scandal caused by sales managers running amok, will let its newly appointed CEO, Charles Scharf, run the San Francisco company from New York. "Wells Fargo’s board had to know this... — read more 

This place is abhorrent

How are you enjoying “Sc--w You, Employees! Week”? I’ve been trying for a while now to figure out why I am still here, just waiting to be unceremoniously fired or for my job to be offshored. Then end up regretting these couple of years I’ve been... — read more 

How appreciated WF employees aren't.

WF CEO chose to no-show at his own Town Hall during Employee Appreciation Week to listen to a convicted felon who is barred from ever working in retail banking, the securities industry, insurance, accounting, as a fiduciary for trusts, real estate... — read more 

address confirmation in workday

is there a timing correlation to getting that message in workday to confirm/update your personal information and when you get displaced? I got that message a couple weeks ago and after the Townhall today, hearing rumblings of an end of month layoff... — read more 

Layoff soon for California Remote Workers

Wells Fargo will figure a way to fire you before they need to lay you off to save that severance. There’s going to be a big shake up in August for our California Remote workers. Management already knows what’s happening they will tell you they... — read more 

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