Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

job title match

Does anyone know equivalent job titles at other banks, for example if someone is a Senior Lead Analytics Consultant at WF what is the equivalent tittle at BOA, Ally, Truist, Citi Bank, USAA, and Chase. Chucky change the titles to 5/6 buckets across... — read more 

I'm out on the annual employee survey

I've dutifully taken the survey every year that I've been here. I added thoughtful comments. I participated in the "action planning." Nothing ever changes. And now they won't even share the results with the employees. Action planning just results in... — read more 

We should hire the leaders of…

the company who sells the elementary-school level annual compliance training classes to Wells Fargo leaders for $Billions, and convinces our leaders that these classes will reduce risk and will be worth taking 200,000 employees out of... — read more 

Fraud/Misrepresentation

Recently came to know about an employee work in IT on fake identity. Wells has a situation where person who gave interview, person who joined the company and persons who actually doing the job are all three different person. IT consulting companies... — read more 

New covid variant and RTO

People are showing up to office with cough and cold and spreading everywhere. The management should think about this . I got sick after two neighbours showed up today with cold and cough . 3 days rule is all fine but people should stay home if... — read more 

Hiring problem in Technology

People are being hired from Bank of America not for their skills or experience but for…… And this is ruining us.

New brokerage firm

Sure if youb want to work for a bubbling id--t go work for DK or some of the former leaders who did nothing but let the company fall apart, develop no technology, lose clients , lose advisors. Half these leaders were asked to leave anyway.

Wells Fargo’s approach to annual online Compliance training doesn’t work, and wastes approximately $2.5 Billion per year.

Problem: 200,000+ employees are each mandated to take 25 to 30 classes every year which, for the most part, have NO RELEVANCE to our jobs. Forcing a Mutual Funds back office clerk to take classes on annuities, bribing foreign officials and the... — read more 

Third Party Program Circus

Third Party Program is a joke. Where did these people come from? They have no common sense and never hear the feedback from the teams that have to execute the Third Party Program. The new system - STORM - is a nightmare because there was not real... — read more 

Tues 8/22

Probably not the huge doomsday event the board is waiting for, but between one and several hundred across the bank via a variety of displacement vehicles or reasons. Another textbook shaping operation, small and diffuse to keep it under the radar... — read more 

End of severance - no word of COBRA

I think today is my last severance paycheck and I have not heard anything about COBRA. Since getting laid off, I've experienced serious cardiac issues and will likely require open heart surgery. This is the 1st year that my family actually met the... — read more 

Major cities reduced in size

What are some of the major cities that WF presence has reduced in size? Philadelphia - a year ago they lost 2 major buildings. 1 south broad street and 123 south broad. They are leaving 101 independence mall which was a satellite data center forever... — read more 

Employee discounts

Once displaced, how long before employee free checking is no longer free and discounted credit card rates are increased?

Chainsaw Charlie

Got the ax after 25 years of service due to remote status and live in non hub location. I know it’s just business and to not take personal. But still feels like a kn--e in the back.

Mortgage

Please stop laying off and grouping processors into hub locations. Charlotte is the worst talent. The managers can’t manage and the processors can’t process. With as few loans as we can barely manage to scrape up our current operations group... — read more 

ECR

How long until RCR layoffs begin / end

RCSA Abuse

I want to start a thread for FST, IRM, ORBO,BACO, RAU ownership team members, and BCM to highlight the abuse they have received during RCSA workshops. I’m curious if this is a company-wide issue

Team Morale

It's been really bad for the past couple years here and they just keep making it worse and worse. Everyone on my team is checked out. Job title demotions, no real wage increases for years, benefits decreases, unqualified management who have no... — read more 

Truth

One of the great ironies of working for Wells Fargo is the reward for success beyond your most optimistic hopes is compulsory dishonesty

Manager asks to make our calendars Public

Our team got a new manager that was hired from outside. Within the first week he asked us all to make our calendars public ‘to help with scheduling’. Does anyone else’s manager ask them to do this?

Things I will miss when I leave Wells Fargo:

Using my WhatsApp to conduct Wells Fargo business My official work pants The yes-men who are voluntarily working in the office 4 days per week .I. Oh Yea.. my boss wants to start having staff meetings first-thing every Monday morning “to... — read more 

Wells Fargo Talent Connection

Anyone else get an email from "Talent Community at Wells Fargo" ? Umm, I left this place for a reason, why would I want to hear from you again? Are they trying to get some of their former, well performing employees back? Good luck with that. — read more 

Insert shocked Pikachu face

Most bosses regret how they mandated workers return to the office. They blamed it on not having enough data https://fortune.com/2023/08/14/bosses-regretting-return-to-office-mandates/

WF Swag

Hey management we do not want anymore cups or merch with WF logo as payment for hard work. Cash bonuses, gift cards, and/or extra PTO is really all we want, otherwise save the money on postage.The cup isn’t keeping me here or making me work harder... — read more 

Big Banks

I love big banks. The employees know very little about banking. Everyone lies about their knowledge and experience. Everyone makes double what they should make. Unicorns everywhere. Almost everyone is miserable. Paradise.

Why are employees so incompetent with outlook?

Saul has emails sent out with meeting invites attached. He just rescheduled one and the email instructs you to delete the old reminder and download a new one. Does he know you can actually just schedule a meeting, it auto populates on everyone's... — read more 

No Severance for Remote ?

Any truth to the rumors that there is a change to the Benefits Handbook that results in laid-off Remote workers being ineligible for severance?

Planned leave 60 day non working notice

What happens if you received a 60 day non working notice and had a planned and approved leave of absence (medical, parental, etc) that is to start in that 60 days? Do you still get your full leave?

Isn’t it ironic….

That Wells Fargo Compliance managers and consultants, whose jobs are to help departments navigate the complex regulations which govern our industry, will not give a straight answer to a question?? 😏

To the Des Moines metro haters…

Look who is #1. https://www.forbes.com/advisor/mortgages/top-places-for-young-professionals/?fbclid=IwAR2Eysr_w1uyYibivivbzXdm1lBGM5PJjHQRfJm5MB4aUAMLeRnYAFI2kKA_aem_ASqAtIzhr0FsZYEsWGR7UWPMEqcgKRFWTIvlf4LyswSd-BPO0jds8ScjZdYP-wasylM

Just one more piece to the puzzle.

https://www.abc15.com/news/region-southeast-valley/tempe/more-than-half-of-arizona-state-universitys-international-students-are-from-india

Wells Fargo - anti-America

so WF can donate $1million to Ukraine but our own people in Hawaii get...$100,000?? With all the offshoring and now this...how can you say you hate America more, WF? Shameful

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