Manager shared that they were told if the give an exceeds they have to give an IM. It has nothing to do with performance. Literally you have to pick out of a hat. So my take is if layoffs and reviews have no basis in reality then why try? Do the... — read more
Question for those formerly displaced..
If you were previously displaced, did you get your annual bonus? Or do they find a reason not to give it? I had a “meets” rating at midyear before displaced in Oct. so didn’t get an annual review due to the timing. I met the eligibility cut off... — read more
AI guy gets replaced by....AI
https://www.youtube.com/watch?v=GjkCSQndS1E 16k layoffs at Amazon, totaling 30k over the past year, or ~10%. The most important thing he said in the video was this (paraphrasing): They are laying off AI Safety researchers and security experts in... — read more
Rated IM after Manager Spotlight Award in Nov'25 - What should be my next steps?
Hello.. Hope you all are having a better start to the year than me! I need advice on what should I do to protect myself and if there is even a remote chance to protect myself or is the writing on the wall loud and clear .. I am a P4 - LBEC... 1... — read more
If you resign before the bonus payout...
You dont get it! Even if its within your notice period. (unless its a retirement) Plan accordingly!
National Shutdoen and bank branches…
This is just for discussion ( I guess). What would happen if bank branch employees walked out midday (and locked the branches) so the branches couldn’t close the books on the day? Since branches need minimum staffing to be open it wouldn’t take 100%... — read more
No Raise if…..
Your salary is past the mid point. Just another FU from this sh-t a$$ company. Can’t wait to leave
Severance Pay Schedule
Is the severance payout on a different schedule than regular payroll? Two weeks ago I received my normal paycheck. Last week I was paid again—slightly more than usual—which I believe included my PTO payout. This week should have been a regular pay... — read more
Why Is Paycheck Not In Account Yet?
4am on east coast. Why is check not posted in bank??
Oh man…
Another 15% cut in Technology LOB, seriously?
CA kin care leave law
I'm trying to understand how Wells implements California's kin care law. I'd thought we'd submit it as sick time. Workday has an option for kin care. When I asked about this because I was going to take a day off to bring my elderly father to a clinic... — read more
They never check to see which roles are missing
The layoffs seem almost entirely driven by the bottom line, with little other logic. We pick up the slack left by those who were let go, clinging to the vain hope that working harder will save our own jobs, so no one ever pays attention to the fact... — read more
Wells Fargo CEO Charlie Scharf gets 28% pay boost to $40 million
https://stocks.apple.com/ABsfg-FxQTR2Dae248c7Arw
Salt Lake City
QA for complaints in SLC got notified today that they would be let go by end of 2027. And in a town hall where they showed a map with SLC not on it for core locations and then just moved on like it was nothing.
Remote exemptions
Heard a few people got exemptions to work remotely after building closed. How many out there has this happened to?
First year, meets, no merit raise
Hi, my friend joined the firm in the middle of the year and she didn’t get a merit increase. Is that common practice at the firm? I read that some people at the firm didn’t get any merit increase either.
Unused PTO and personal holidays
When you leave WF, do they pay out unused PTO and personal holidays.
CIB/CIB RISK Major Cut
I am hearing rumor from reliable sources that CIB and CIB Risk will be huge this coming Tuesday. Anyone have insight.
2 IMs in a row, manager putting me on PIP now
For my 2025 mid year review, I was given an IM. Second half of the year, my manager acknowledged things were a lot better but still gave me an IM for the EOY review because he "had to consider the year as a whole". Now he tells me because I have 2... — read more
The hidden costs of layoffs
It should be no surprise that layoffs ultimately cost a company more in the long run, but here's an interesting interview nonetheless. It's worth a listen, but the TLDR is that short term gains are obvious, but longer term, it usually results in... — read more
How to find pay range?
How do you find the pay range for your role should be and what your target bonus is? I used to be able to look up any roles for hire with same title, but currently no roles with my job title are available.
Why is my 2-up's English so bad?
I get the guy is a bank-hopping (literally his sales pitch in his first meeting) likely H1-b, but his use of the English language is rather terrible. He routinely spouts non-sequiturs that diminish what he is saying, but in today's autocorrect-tuned... — read more
Bonus & raises
So I got a 3% merit and 13% bonus which was about the same as last year. How about y'all? 👀
Current composition of WF workforce and what to look froward to…
I’m trying to figure out how currently WF workforce is split. In December total employees count was about 216000. In January it is already 210000. I wonder what is a percentage US vs India &Co? The other question is what’s the ration (pay wise)... — read more
Opinions on Tracy Kerrin's Town Hall today?
What did you guys think?
Business as Usual today
Made it in the office in an Icy region I'd rather not disclose. A big thank you to the local maintenance that cleared every bit of snow & ice from our parking lot, walkways, and sidewalks. You all are awesome. Thank you on this required Business as... — read more
Severance
For anyone who mentioned over the past couple of years that they were waiting for a severance package, what’s the plan now? Just curious because I was in the same boat, and honestly, the job market is rough. My current strategy is to switch things up... — read more
OMG
Now they are talking about firing, not layoffs anymore. Wellsfargo is super toxic.
Head of Risk and HR will be gone soon
When the fake review scandal $hit hits the fan.
attention: Just filed eeoc
Just filed for NC. Interview date is early June. If you are thinking about filing, or preparing the doc before you file, no need, just file right away. You can cancel or change later.
What's with all of these Beta managers
How are all of these soft beta simps still around? And why are we bringing in more from outside? They clearly lack competence and confidence, have no authority and serve no purpose other than being middlemen.
Corporate lies and double speak
Credit to Peter Girnus— decoding the Amazon layoff thread that could be easily applied to the burning stagecoach To whom it may concern, Senior Vice President of two trillion dollars company reaching out to you again. Some of you had trouble... — read more
FCI and CSSBO
Last day with the co is 02/10 thank goodness. Old team member told me both FCI and CSBBO are exiting the Des Moines area.
Below Meets: Bonus Thread
For those that got an IM or NI, what was your comp discussion like? Any raise and what bonus? This was my first full year and got IM at year end for basically no reason. Whatever. No raise … I’m already paid on the higher end of my title, also... — read more
Corp Risk: meet, no raise
Bonus is the same as last year. Anyone else?
Do employees who were displaced to get notification of Bonus:amount?
Hello fellow displaced employees, do you know if we get any kind of communication or advance notice that will be getting a bonus or do we just find out by checking our bank account on February 13?
PTO Payout for Displaced is Early and Short?
My non-working notice ends 2/6 but I noticed on upcoming pay slip dated for 1/30 they paid some of my PTO (60 hours). I had 100 hours left when I was displaced in December, and thought I'd accumulate January/February as well. Should I expect another... — read more
Non Working Bonus
I just got a communication (I was laid off June) that I will be receiving my bonus at a pro rated rate hence missing last 5 months Dam!!!