And this one can't be blamed on former regimes... https://www.wsj.com/articles/wells-fargo-agrees-to-pay-shareholders-1-billion-to-settle-class-action-suit-82e67977 It's all you Charles. There will be no true progress until the Hudson Yards Mafia... — read more
Active Cash Card rejection
WF Fico: 850 exceptional I use Citi Double Cash for the 2% cashback on everything. Thought I would move all my spending to WF but rejected :(
Vote of no confidence
https://www.bizjournals.com/twincities/news/2022/05/17/wells-fargo-warren-buffett-berkshire-hathaway-bank.html
Great article about powerful men being behind the push to RTO
https://finance.yahoo.com/news/flexible-feminist-women-won-t-111956821.html Excellent line, after mentioning some of the changes in society since the 1940s, “We are being told the only way to work is to return to a schedule invented with the Model... — read more
CEOs failing employees; crisis of distrust
https://www.cnbc.com/2023/05/09/harvard-expert-us-ceos-bosses-are-failing-employees.html
so with the new tech CIO, no more AMA sip of my coffees?
is it going to be trickle down communication?
Thank you!
Thank you to this site and all the comments that remind me how fortunate I am to have found a job outside of consumer finance and ESPECIALLY not at Wells Fargo. I’m saddened that the, once great, brand has been devalued and that petty HR policies... — read more
Wells Fargo jobs
Hey Wells Fargo. Get some better recruiters if you plan on hiring top notch employees. Your recruiters are from the ghetto. Half of them have poor grammar and can’t speak English. If a person applies for a job and is not chosen have the common... — read more
This is perfect
https://twitter.com/fu-kyouiquit/status/1657898638054653953
Any new Layoffs coming?
Checking here since this is the Layoff board are there any new layoff's coming this week or the next. Especially looking for Tech as we all know mortgage and a few other LOB's have been devasted.
Non-tech LOB Agile transformation train wreck
Operating as a Product versus a Project is a disaster for the LOB areas impacted. The Agile Transformation and Coaching FTE’s are mere salesmen who regurgitate the same content over and over again. When agile implementation questions are asked, the... — read more
Carrie Tolstedt changes her mind again and pleads guilty
https://www.courthousenews.com/former-wells-fargo-exec-pleads-guilty-to-obstructing-investigation/ deferred prosecution agreement with the Justice Department. According to her plea agreement, Tolstedt helped prepare a memorandum in 2015 for... — read more
Jamie Dimon reveals JPMorgan has a ‘war room’ that will meet up to 3 times a day as a ‘potentially catastrophic’ default approaches
What are the chances that Charlie & Co. have been pro-active in preparing for the potential catastrophic effects of a U.S. Default?? 🤭 I say this hasn’t even been on their radar, at least until now, when some apple-polisher will bring the article... — read more
Back in the office illnesses
Back in the office and have already been hit with stomach flu, strep throat and RSV. People can and do come to work sick to save their PTO. Now they have us crammed like sardines and we sit at random germ filled desks. Next thing you know COVID... — read more
B of A vs WF
out of curiosity, checked out B of As layoff site. Pretty much same complaints, grass isn’t always greener
Issues Management
N8 Herman must be on his last leg. He's throwing hail Mary type changes at Issues Management in attempt to save his job. The entire division is in disarray and morale is in the toilet. Issues management is a simple concept but he keeps trying to... — read more
Wells Fargo asset cap since 2018
Plug From Barton’s . Writer must own lots of WF shares at @58/share. 👇🏻👇🏻👇🏻😄 We Need More Strong Banks. Let Wells Fargo Grow. -- Barrons.com Mentioned: WFC By Kurt Feuerman About the author: Kurt Feuerman is chief investment officer, select... — read more
CSBB with SVB
What nuggets of wisdom did he have to share on the call today? I’ve heard such great things from Tech about him… (obvious sarcasm) Come on, share the details!
RCSA volunteers?
How do they select people for RCSA assignments? I see a few job postings for RCSA in Controls but hear that people outside of that area are forced to give up their regular jobs to work on it. Anybody have info?
New RTO Issue
It seems that too many of you guys are going into locations not identified as your 'home' location and are causing shortages of seats for those that should be in that location. Reporting will soon find you out and access to the 'non-home' location... — read more
Change your approach to job search
I didn't even think twice about my salary when I decided to leave my old job at WFC. I knew I wanted out and that I wanted to find something more interesting and challenging that would allow me to explore different aspects of my field. I admit... — read more
Wf employees used to be prioritized for open roles
Qualified WF active or displaced employees should be considered for open roles before external candidates. That's the way it used to be, but it doesn't seem to be any more. Does anyone know the hiring guidelines and practices now?
Hub locations should be based on criteria like this
Interesting how facts shake out things like this: https://www.extraspace.com/blog/moving/city-guides/best-cities-for-young-professionals/
Dr. Bert Call today
Did anyone attend? The guy is getting 1 million salary likely to do like 4 of these per year.
A Video Message from Tracy Kerrins
Not much info shared. Built applications in the utilities industry, found her way into technology, been at WF for a little over 3 years. I guess we're in good hands.
RTO or else what?
Anyone seen this happen to others or in the know? Were they let go or were they fired?
Single Queue program to eliminate tellers
Well, this should be interesting. No tellers at select branches. Wait till customers have to sit for an hour waiting for a banker, just to do a simple transaction that exceeds online and Atm limits.
Commercial Real Estate, uh oh
It's coming folks, the next great financial crisis. Cracks are forming all over the place and it's just a matter of time before people realize they are throwing good money after bad. It's the next toxic asset and it will royally F banks. The elites... — read more
Mail Administrator Phishing Email
It's part of their immersive phishing education
Townhall was a complete waste of time
Wow, what a complete waste of time and zero information provided. Does this guy even know how to rally the troops? I have never seen morale so low at a company in my life, and be able to attribute it directly to the CEO. I also find it hilarious... — read more
Hiring Freeze in Finance
My two of my coworkers left my team in Finance (good for them) this past month and my manager says he can't backfill due to a hiring freeze. How long do these things usually last? Does anyone know anything about this freeze in particular? I can't... — read more
Remember when we could comment on teamworks articles?
Remember when we could comment on teamworks articles? Then comments they didn’t agree with were deleted?
Hiring people you know?
My boss and her boss are bringing in people from the bank they worked with previously. I can see 1 getting past HR but isn’t it unethical to be glossing over other candidates who have applied? Who’s to say the candidate you used to work with is more... — read more
Anyone have overachieving coworkers who just need to slow down?
Who else has that one overachiever who makes everyone else look bad?
WFC Management stumped by today's Wordle
I know it is just a rumor but today's Wordle for May 10th seems to be a word WFC management isn't familiar with :)
Wells Fargo closing 17 more branches nationwide
Wells Fargo & Co. has declared plans to close another 17 branches — though none in North Carolina — according to its latest disclosure Friday to federal regulator U.S. Office of the Comptroller of the Currency. There have been at least 58 Wells... — read more
Dear Higher Power
Dear Higher Power, Please let/make me win a giant lottery jackpot very soon so that I don't have to work at Wells Fargo anymore. Please forgive me for whatever it is I did to be punished by working here. Whatever it was, it won't happen again. .. — read more
What’s with the sudden recent emergence of the executives from their caves?
Charlie’s Townhall today New burst of “Get to your Leaders” 45 minute teleconference interviews Darrel Cronk making the rounds at WFA today Feels like something’s up…. Either they are so pompous as to think their very presence will make us... — read more