Basically title. Hired mid 2025 and had my review with me receiving an IM. All commentary in the review did not support an IM but here we are. Anyways, there are two people who report to my bosses boss and they definitely received an “exceeds” on... — read more 

https://www.wellsfargoesopsettlement.com/ Anyone got the email?

On the front page interview with our fearless leader. This interview is the same as our town halls- lots of words and nothing concrete 👌

Three team members left months ago with no replacement in sight. Their responsibilities have been distributed among the rest of us, and it seems leadership views this as a permanent solution. Is there anything we can do to force them to hire some... — read more 

Any managers got any insights on what the merit and incentive numbers look like vs prior year?

should it have been discussed during the review? please no trolls

I think I read here that being a vice president means that to keep your bonus (so they dont clawback) you need to work 30 days after the February 13 distribution date? Can anyone confirm this?

I got Inconsistently Meets at my most recent performance review. Can I expect to get fired for cause within the next few days/weeks? Laid off at the next round? Or can I expect a few months to fix this? Will my manager mark the "do not rehire" box... — read more 

I’ve been in the Minneapolis office and it’s so empty. Are people taking PTO or did some managers actually care and give waivers due to the extreme cold and everything happening here? Personally my manager has not even pretended to care one bit or... — read more 

Why can’t I review my manager?

Out of left field, core location, in-office fine, but didn't ...fill in the blank is it feels like. Others in corp risk too? Other groups having the same? Might be the new WF way.

Shout out to the Bay Area crew. If you got burned on your review, don't take it personally. It’s not a performance issue; it’s a budget issue. They simply can’t afford you anymore. We live in the capital of the tech world. We're surrounded by... — read more 

I was left a voicemail from a phone call from a personal phone number saying that he was from Wells Fargo 401k Plan and that they received a change in the status of the account. I'm not sure if this is a phishing attempt. I can log-in and... — read more 

I just had an interview!! The job itself is remote and out of the hundreds of applicants, they chose my resume because they saw Wells Fargo on it. So just FYI, Wells Fargo still carries some power in the hiring world. 💅✅

I have about 6 names I have filed away deep into memory, and I have a very long memory. There is a small chance that one day in the future your name will cross my desk and I will remember you. I will remember how you lied, manipulated and gamed the... — read more 

In case you haven’t heard, severance is no longer funded by the company at corporate higher level. Organizations have to absorb those costs now. Those orgs are not going to be as willing to lay people off vs just firing for whatever reason they... — read more 

Several CB displacement today. Sad & disheartening. They were longtime good contributors. Remaining staff will now be overworked and stressed to pickup the extra work.

They are due by the end of the week and I have not heard a thing, is that normal?

Was displaced during Q4 and currently in the 60 days non-working. I can't seem to get a straight answer, but wondering if I will still receive a performance review for 2025?

More of a cover, really, giving higher-ups maneuvering room when deciding on layoffs or firings. They rarely reflect an employee's actual performance, skills, or value to the team. When your number's up, it doesn't matter that your role is critical... — read more 

https://www.bloomberg.com/news/articles/2026-01-20/wells-fargo-plans-to-move-wealth-headquarters-to-west-palm-beach Bye Bye STL

Two people on our team were let go or displaced or whatever today.

Its been interesting to see the small and not-so-small ways that people have been tuning out since Charlie Scharf took the helm and the never-ending march of layoffs started. From small shifts in attitude and lowered enthusiasm, to slow walking... — read more 

https://finance.yahoo.com/news/bank-america-ceo-confirms-gen-133000077.html

Anyone get The Call?

I read an article about a company that recently replaced its CEO. The new CEO was asked how he planned to gain the trust of employees. I laughed, thinking about how Scharf had the same opportunity to improve the lives of 260,000 people and chose... — read more 

Hey fellow managers in banking/tech – thinking of jumping into (or back to) Wells Fargo for that fat comp? Here's the unvarnished math from the trenches (thelayoff.com + earnings calls). Benefits (Why You'll Go): Top-tier pay: Base + bonus/RSUs... — read more 

Been doing twice the work and without support from management. Was so overwhelmed and irritated about questionable business/sales/ compliance issues I pushed back about workload and lack of support. As I predicted and most of you suggested per... — read more 

California SB 729 fertility coverage requirements starting in 2026?

A consultant with attorneys would gain traction if they were able to determine how many “needs improvements” were handed out in prior years vs 2025 reviews. If the number increased dramatically, then can’t an argument be made that this is their... — read more 

Before you get laid off

https://www.superlawyers.com/resources/wrongful-termination/forced-to-quit-how-to-know-if-you-have-a-constructive-discharge-case/ Proving an employer forced you out (constructive discharge) rather than a genuine layoff involves showing their actions... — read more 

Has anyone recently had a “manager” lose their title and been placed into a P4 or P5 bucket? If so do they still have access to all tour HR information?

During the severance period, does one have access to rollover from Cash balance plan to an IRA? What if displacement status is 'Retired'?

$40 per share

Seems like the layoffs in that group are minor compared to the rest of the risk org. Why?

Do not sign anything, hire lawyer right away!

Sue them, report to EEOC, get more severance pay, it’s your rights!