Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Non disclosure

Anyone hearing about managers being asked to sign non disclosure agreements within the last month? Something is brewing…….

Working for what?

I haven't seen a positive work environment here in about 8 years. It gets worse every day and I don't see it turning around. They will work us to the ground until we are replaced by WF India. I refuse to work extra hours. I'm not giving them anything... — read more 

Inconsistently Meets performance review

Does this lead to performance improvement plan (PIP) and termination? Can severance be negotiated if terminated? Always had Meets or Exceeds previously and was dinged ONCE after my Meets midyear review, which apparently lead to Inconsistently... — read more 

Daytona Beach Branch Unionized

Congrats! Keep the momentum going! Strength in numbers. The more the branches pull together and unionize, the more power they will have. Better pay! Guaranteed breaks! Better benefits! More staffing!

Office supplies in STL

The corporate properties group just sent out an email regarding office supplies for unassigned seating. There will be very few supply rooms with supplies but then again, with hotel seating, it’s not as if you can store any extra.Let the hunger games... — read more 

So many sr. mgrs/directors are remote

With so much mgt working remotely -- especially those not in hub location and many in key roles -- is WF really going to lay off ALL of them? We're all wondering about this. Consistent application of arbitrary RTO policy seems insane, but necessary... — read more 

Why is everything broken?

We’ve been made to RTO, yet the facilities in this city are in shambles. At my primary location, roughly half of the turnstiles/gates don’t work. They’ve now positioned a security guard to tell us where to enter/exit. In this same building several of... — read more 

WF's plans don't involve lifting asset cap

Many keep saying CS is failing, but they don't realize the goal/mission shifted and things ARE going according to plan (albeit, taking longer than leadership would like) CS and BOD realized early on that WF won’t be able to appease regulators and... — read more 

What if ?!?!

What if WF employees just quit out of the blue in masses as a planned event (unlikely to happen because everyone has to have a job for something), but what if a huge # of people just quit. What would happen to WF and/or the head of the snake? I'm... — read more 

2 years later RTO is still a joke

Manager told me today that we need to start coming in a full day 3 days a week instead of 4 hours. I asked if there was an HR policy on hours and manager had no answers except to say this was coming from upper management. The irony is I see many... — read more 

2024 Layoffs

I’m sure everyone sees the writing on the wall and can smell the toxicity in the air. Employees in the USA will be impacted with layoffs throughout the year. Some of the key dates with large waves of employees begin in Q1, 2024. if you have... — read more 

Who’s doing the great walk out 2/3 (after bonus)

There is a lot of banter about “after bonus I am giving notice”. Other than not having a reference for next resume, what are the ramifications of quitting vs. giving 2 weeks notice. Can WF withhold vacation pay outs, stock options, differed comp... — read more 

Shoreview MN Downsizing

Cannot confirm, however I heard the document capture teams are being sold off the iron mountain. Does anyone know for sure?

Layoffs will be occurring in 'waves'

I'm aware that based upon the location strategy, there will be layoffs occurring in 'waves' (as they're called) from April 2024 - Oct 2025. Some will be displaced/no backfill, some will be displaced/backfill in core location (no, you don't get to... — read more 

Oregon Site Closures and Related Impact

Hello all, Like I promised I told you all I'd let you know what's happening and here's the update on the meeting we were called to on short notice (afternoon 1/4) for today 1/9. The long and short of it is: Wells Fargo will be closing all Oregon... — read more 

Issue with lump sum severance payout

I am 60 days from when I got approved for lump sum severance payout and only received a portion of it so far. I received only two weeks right after my notice period ended. I just called and the Displacement Rep sounded surprised, then reviewed my... — read more 

Any Layoffs Today

This might be the first time in a long time that I don’t see an actual layoff conversation the Tuesday after a payday

Employee Global Survey is not confidential!

Just found out the Employee Global survey we took in August is not confidential as they indicated on the initial survey email. Managers will have access to any employee comments left in the survey. They will not have names associated to them, but if... — read more 

Job description changed

My group manages customers in a hub. We are not a customer facing group. Now we must be customer facing inside branches. This is not what we signed up to do. Any other hub affected?

CIB Layoffs?

Does anyone have any info on CIB/CMS layoffs? I can’t seem to get any info on it and well like everyone else, I’m also worried. You never know with wells I guess.

Question on 401k and annual bonus

Hi I know that the 401k limit was raised to $23k in 2024. I have my deductions set to 10% for the biweekly paychecks (even though they are matching only 6% of it). I see the announcements that typically come about last day to adjust is so and so... — read more 

Location strategy to be "firmed up" by April '24

Why am I having trouble believing this? I guess technically, the communication doesn't say that layoffs will end by April, but the grand layoff plan should be finalized by then. Unless the following line means something else: *We expect location... — read more 

Relocation

I took a job in the hub. I don’t like in person with customer. Job recently changed to within branch. Any others dealing with this?

How high is a lead BEC

Compare these ranks. Business execution associate Associate Manager Manager Senior BEC Lead BEC Senior manager Senior Lead Bec

Lead BECS

Anyone ever feel BECs especially at the Lead to Senior Lead level have an air of arrogance? Why is that?

Town Hall at our site 1/9

A few teams at our contact center site (mostly operations, tech, workforce management) got an invite just yesterday to a town hall with senior leadership at our site. We've never received such short notice for a town hall before. Usually it's a... — read more 

Layoffs to resume in February

Usually the Tuesday after payday. However, I'm in HR and was let go this morning. While the decision was made before the holidays, they hung on to me to pick up the work load of all the folks on PTO, but hey at least they didn't make me work a full... — read more 

Start a new thread - post a news comment, question or message:

: