Not sure I believe any of this is true, but if my manage says it then it must be true, right?
Counter offer
Just landed a new job with a $15K+ salary bump from my current gig! Gave my two weeks' notice, but now they are hitting me with the guilt trip and a counter... They want me to stick around longer to train the new manager. I've been consistently... — read more
LACK OF TRANSPARENCY!
This whole site is just infinite proof of how Hells Fargo senior management provides their employees with zero transparency regarding the company and how it will negatively impact the employees. They start a war on you way before you even know the... — read more
Nov 28th Post Thanksgiving Tuesday Layoffs
A flurry of layoffs happened in Strategy Digital and Innovation group. Managers Manager set up meeting on Tuesday and let people know that they were given 60 days notice to look for internal positions while they are in LOA status. After than their... — read more
FRTO hard work means nothing
After 20 years of working for this company, helping clients and helping coworkers, please let me go. Loyalty and hard work mean nothing to this company. If you are interviewing for this company, please walk away. Enjoy your lives! Tomorrow’s a new... — read more
Dear Santa....
All I want for Christmas is to get my layoff notice...
As Tim Sloan Sues WF for harassment, abuse, and scapegoating. Tim Sloan and WF was also sued for harassment and scapegoating from fired exec
https://www.thinkadvisor.com/2023/02/02/wells-fargo-hit-with-defamation-suit-over-fake-accounts-scandal/ former Wells Fargo regional president has filed a defamation suit against the bank for “destroying” her reputation, saying it falsely labeled... — read more
Sloan seeks $34 million and damages for emotional distress?!!
You can't make schitt up folks. A guy who was #2 at Wells for 20 or 30 years, claims emotional distress and needs his $34 mil in bonus and stock grants to make ends meet?! Must have missed a yacht payment? The Southern Cal beach house needs a 7... — read more
I finally understand
I used to think people who said they couldn't wait to be laid off were either trolls or not very smart. It took me a while, but I get it now. I didn't want to accept some things before, but now I do. I realized how much time I'm spending working... — read more
notice period and severance.
is it true that the 2 months notice period pay will be deducted from your severance package?
backpacking
When they call my number, I will NOT do the perp walk carrying 2 boxes with a sad face for all to see. EVERYTHING I will take will fit in my backpack. There, done!
preparing for layoff
like many of you, I know the notice could be any day now. given that Wells cut off your access within hours, I wonder if anyone could give suggestions in preparation for such event. one thing someone shared was saving your contacts and any personal... — read more
Former Wells Fargo CEO Tim Sloan Sues WF for Harassment and Emotional Distress and Withholding his Money
https://www.nytimes.com/2023/12/02/business/timothy-sloan-wells-fargo-lawsuit.html A C.E.O. Who Resigned in Scandal Now Wants More Money Timothy J. Sloan was criticized for failing to clean up Wells Fargo’s troubled culture when he headed the... — read more
Current CEO makes 24.5 million base salary yr for $5 BILLION in fines on his watch
The next large layoff event is end of Q1 2024….rumor has it. Can anyone explain how the current CEO has benefited Wells Fargo? Is he currently meeting expectations? Why does he get $3 million raises? No way shape or form has CEO Schart done... — read more
I support 4 days in the office per week, but you pick your day of the week to be remote.
What say you?
How do you people do it
Living in constant fear of being laid off overnight? Or do some people believe their positions are okay?
Former CEO Sloan suing
Wants back compensation because the "problems were here before my tenure" https://www.advisorhub.com/wells-fargos-ex-ceo-sues-for-34-million-in-withheld-pay-damages/
Wells Fargo Now Announces Massive Layoffs For 2024
https://franknez.com/wells-fargo-now-announces-massive-layoffs-for-2024/
Barnhardt building notice to employees
A signed notice from a manager stating they will NOT interfere with the right of employees to unionize. Case settlement referenced from letter: https://www.nlrb.gov/case/19-CA-306661
WF has closed over 300 branches in 2023.
In 2023, Wells Fargo shut over three hundred bank branches, more than double the number closed by Chase and Bank of America. Good or bad?
Bonus-eligible, but displacement papers don't mention bonus or payout date at all
Got laid off on 11/28 and going through the displacement paperwork. Was told that I would still receive a bonus but there is nothing in the paperwork about the bonus or the payout date Notice period ends on 1/26 and the bonus payout would be 2/2... — read more
WF will no longer support remote work status
How true is this?
Former employee here just hit up by a recruiter this morning for a 6-month gig as an RCSA Project Coordinator
Clearly I "Nope!"-d the he-l out of that opportunity. But it did make me think how unfortunate it is that management in its infinite wisdom, and out of sheer cruelty, axed the STAR program.
Christmas Wish List
Start a List and Check it Twice( or multiple times) I wish that TK and her reindeer game directs are danced out of the company and her next useless Townhall or LinkedIn messages are from somewhere else . Next ……
WARN Iowa Notification 11/28/2023
Here is the official count from the Iowa WARN site issued for yesterday 11/28/2023: Location: Site: Team Members: Official Layoff Date: West Des Moines Jordan Creek Pkwy ... — read more
Staffing call
All branches cutting staff. Tellers and bankers mostly.
Outsourcing destroying U.S.
Outsourcing, particularly on this scale, should be illegal. You should not get subsidies, kickbacks, and incentives from U.S. govt. when your only interest is to hire workers outside the U.S. And, yes, I realize this is happening across many... — read more
Wells Fargo To Expand in New York City's Hudson Yards, Relocating 2,300 Employees
Banking giant Wells Fargo is expanding its office footprint in New York City's Hudson Yards, billed as the largest U.S. private real estate development, and consolidating most of its city office employees at one... — read more
How would a Union help?
This is a serious question, I’m not trolling anyone. How would a Union help the Branch Workers? I’m assuming the unionization efforts are for front line workers and I don’t mean how does a Union work in theory or what it has the ability to protect... — read more
401k after leaving Wells
First time being laid off from any job… seeking advice from people who have dealt with this already. What do you do with your 401k between your career break and enrolling in your new employer’s 401k plan? Are you keeping it in your Empower account... — read more
Can’t wait to unionize! :)
Arizona !
OCC chief had a fradulent resume but was still hired.
https://www.bankingdive.com/news/first-occ-fintech-chief-had-phony-resume-prashant-bhardwaj-fifth-third-Huntington-Citi/700736/
IT’S CUT DAY
Layoff calls . Take the mystery out. Mandatory call are either people being let go or people being notified their managers are gone and they report to some lackey . WHILE still hiring from JPM onto the same teams.
Tuesday - 10:30 MANDATORY MEETING
Wellll...it may be my day to say buh bye to this place. Just got a mandatory meeting invite from my boss...along with 2 other people on the team. We're either getting more work or are all getting canned. I'll keep ya'll posted. But aren't... — read more
Wells Fargo branch in Bethel files for unprecedented union elections
Bethel’s Wells Fargo, along with a branch in Albuquerque, New Mexico, filed paperwork to form a new union called the Communications Workers of America’s Wells Fargo Workers United (WFWU) on Nov... — read more
Consistently Meets
Been servicing my hot boss almost every night. Got rated Consistently Meets on several fronts. Big raise and bonus coming! Working remote. no RTO for me! Life is good.
Severance eligibility - inconsistently meets?
Looks like I may fall into this category. I am in a non hub location as well. When the hub strategy kicks in next year, will I be eligible for severance or will they find a way to lay me off without severance for performance.
WellsFargo North Brunswick, NJ Corporate Office relocation ?
WellsFargo North Brunswick, NJ Corporate Office relocating to Hudson Yards NYC in first quarter of 2024?
using @doe_john and highlighting it in every email....
Stop it already. It's F'ing annoying. If you included me on the email, I'll read it. You don't need to highlight my name and paste right where you want to me read. In my group, 1 exec came in and started doing that about 8 months ago and now... — read more
Year end predictions?🧐
So, with about a month of 2023 left, who thinks we have one or two more “Deep Cut Tuesdays” in front of us? (This is a layoff board after all.)