Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Internal Audit

What is going on in Internal Audit right now. Feels like there is a secret at P5 and above.

Layoff criteria

What are the criteria determine if someone gets laid off? Is there an algorithm? What level of management determines the people who are laid of, senior manager, Director, or several layers above?

Naughty naughty

Wells Fargo (NYSE:WFC) fired more than a dozen employees from its wealth and investment management division in May after the bank investigated claims that they were faking work, according to a media report. The employees were "discharged after... — read more 

Is the media corrupt

75,000+ Americans are fired and replaced by Indians offshore, maybe another 50,000 replaced state side with Indians... zero mention in news 10 of 235,000 are fired for mouse jigglers, it's headlines in multi news outlets.

More layoffs this week?

Saw this comment about 250 peeps. Nobody around me got fired. Can we expect more this week? Or we can continue feasting in peace on this lovely food provided by our kind and understanding overlords ‘till the end of employee appreciation week? — read more 

Fired employees

With all the layoffs and offshoring happening it's funny how this is the one article the media covers in regards to employees being let go https://finance.yahoo.com/news/wells-fargo-fires-over-dozen-133711267.html

Fired during Employee Appreciation Week

Looks like about 250 people got to do the walk of shame, cardboard box of office junk under their arm, trudging past their colleagues who were busy stuffing their faces with cheap junk food. So much Fing appreciation. FHY.

Accountability

I was fired for accountability. Due to wells fargo’s never ending system issues. Reported, screen shot, & emailed EVERY ISSUE. Manager said he didn’t know what was going on. Didn’t hesitate to fire me though. It was a ticket put in for our entire... — read more 

EBCE cuts on the way.

Just heard all testing teams across 1st and 2nd line are going to be consolidated. This will remove several layers of dim box tickers ticking one another’s boxes thereby saving the company many millions of dollars every year without any adverse... — read more 

Locations up next for layoffs???

Is there a list and a timeline for cities set for layoff?? I have a remote co-worker who still has not gotten any notification. Boss said some are going later. If that’s the case, what’s next? This seems so messy and no plan unlike what we were... — read more 

Employee Appreciation - Snacks

So, what type of appreciation did everyone get at your site. Here we were offered snacks. Candy and chips. Wells is so appreciative of its employees they had people standing over the snacks confronting people who took more than one or two items. Is... — read more 

The Hypocrisy of the Location (Layoff) Strategy

FLASHBACK TO 2019: "...Scharf, who three years ago left the top spot at San Francisco-based Visa Inc. to rejoin his family on the East Coast, made staying in New York a prerequisite to taking the Wells Fargo job. He’ll run the $2-trillion lender... — read more 

Any Barnhart layoffs?

Weren’t the big guys supposed to be at Barnhart yesterday or today? I’m remote and was on PTO so I don’t know much about it or if it happened.

Fired

Terminated today for “performance”. Won’t be getting that severance huh?

Well Life = He-l Life

The "Well" Life Relentlessly being propagandized to and gaslit Hypocrisy of the CEO demanding when he was hired that the headquarters be in NY (when the west coast hq was sanfran and the east coast hq was charlotte) so he didn't have to relocate... — read more 

Pur water, who has special interest in this?

I’ve never seen so much product placement advertising at work. Nearly all recorded videos have these bottles strategically placed with the logos just perfectly shown lol it’s pretty wild

No layoffs today

I think it's safe to say by now that today is not the big layoff day some have predicted.

Tech Tuesday 6_11 podcast

How much money went to remodeling/building out Charlotte Connections?! Corp property investment v. Stable Environments/Tools? The chasam of wants v. needs widens.

I was happier last week

Before this insulting fake “heartfelt” thanks. It’s way more honest just to tell me I’m mediocre, offshore my job or worse, have me research AI, create a deck for execs and then eliminate my own job with said strategy I created. That’s really the... — read more 

Complaints

Anyone have updates on ECMO (complaints) seems like volumes in my queue has dipped but not enough for us to have a break

Internal job P3 to P4

When you are already a WF FTE, i don’t think there is any background check done if you apply for internal jobs but want to ask here to make sure. Are there any LOBs where you are required to report any incident?. We are humans and life happens. — read more 

Tomorrow D Day

I think tomorrow will be ugly. We usually have a team meeting every Tuesday and they pushed it back a day to Wednesday and made it longer. I’m concerned for myself and my colleagues. We deserve so much better here

Employee appreciation week is a bizarre affair

If this was a sound company with decent HR policies, meaning a company which truly appreciates and properly values hard work and dedication, fine. In the context of every and each one of us feeling completely dehumanized, reduced to a disposable... — read more 

P4 Lead Business Execution Consultant bonus?

In a salary market like Minneapolis, Phoenix, etc (i.e. not NY or CA), what is the bonus target for this role? (Yes, there are still bonus targets, they're just not communicated to everyone like they used to be.) I'm in a different job title class... — read more 

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