Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Another Billion $ Flushed Down the Toilet

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

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 

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 

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?

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 

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 

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 

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 

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