More layoffs

Will Charlie cater to Trump's wishes and make up for card LOB losses with increased layoffs if this cap went in? Maybe he's angling for the Fed chair job when all the juice has been squeezed out of this gig and be nice way to stand out.

:(

How long to get lump sum? I sent weeks a. Go and have not heard back.

In fiscal year 2025, Wells Fargo Bank filed 638 LCAs for H-1B visas, 177 labor petitions for green cards, and 230 requests for prevailing wage determination. https://www.myvisajobs.com/employer/wells-fargo-bank/

It’s two hours in the focus rooms. Two hours you arrogant, inconsiderate, selfish workers. Yes there are a multitude of you who just think you own a focus room. Sorry you’re not that important because if you were you would be in Hudson Yards.

I left, and I was lucky to find a decent job. I can imagine the extra anxiety people who relocated have been going through. After the expensive move and all the other costs, including to your social life and consequences for family members, the very... — read more 

what is the difference - which is worst in ranking. NI. - needs improvement. IM - inconsistent meets. NM - not meets.

guys, it seems this thing is serious . I was going through Reddit and reviewing some past post from this forum. It seems when you get inconsistent meet IM , they can fire you and they don’t even need to initiate any PIP(improvement plan) I mean... — read more 

One thing people don’t talk about enough is how being a top performer can actually trap you. Some managers don’t want to lose someone who makes them look good, so movement quietly stalls. That’s when you realize you’re on your own and have to speak... — read more 

The more you look, the more obvious it becomes that the only people who are still here are the ones who have not landed something else yet. Yet being the key word, since everybody seems to be looking. All those with options seem to be moving on fast. — read more 

Has anyone seen or been in a similar situation before? What have you done? The situation: I got “meets” rating for mid-year review and was told: “you’re at the border of exceeds. Keep doing what you doing”. Started parental leave late August, came... — read more 

What's the latest on location strategy? They forced hundreds of people to uproot their lives and move to a hub in 2025. Has anyone heard of anyone being let go after they moved? I'm still seeing many people shown as being in non hub locations in... — read more 

First quarter - 10% cut in Technology.

Talking to my manager earlier this week about my imminent promotion, he warned me bonuses and pay bumps this year aren't as good as he had hoped and to calibrate expectations. Then he commented something like "who knows though, the pool is still... — read more 

...but they sc--wed up!! They laid me off on 9/30. Not too bright...now they'll have to mark down one of their buddies due to the "curve" ranking. LOLOLOLOL! Oh the irony.....

Does anyone know if the bonus payout is similar to last years?

They laid off every non Indian in my team, what the f?

Context: hired 9 months ago and had a meets rating during my mid-year review (~3 months after starting). Today I had my year-end review and received an IM rating, specifically for "communication". Is this common for new hires to receive an IM... — read more 

Whats the word for the future of branches? Will District management positions continue to be cut? What about Branch Managers? I am in my 30's and been in branch management for about 7 years, next move would be a DM position but how likely is that?... — read more 

Anyone have any details on the big operations change coming?

Do managers have to do the calibration according to the scale or can they actually just put more people in meets instead of rating them as exceeds, etc?

I got my 60 day notice on October 28th. Paydays were 11/7, 11/21, 12/5, 12/19 and then I got paid a week after on 12/26/2025. Is it going to start on 1/16?

Have a situation and have not had annual review yet, but pointed out unethical, immoral and possible illegal acts of our executive to my manager and their one up manager late in year.... sent via email and of course nothing was responded to in... — read more 

Any update on the remaining 175+ employees at the West End Center?

What happened to prompt that email for the LC campus?

I am laid off. technology lob

Anyone out there have insider information about what’s going on with the planned layoff of 80~ fraud specialists and leaders in Portland, OR? They told us we would be “laid off in the next two years” in Jan of 2024, then just never did it? Total... — read more 

Has anyone been rehired after the 60 day period ? Not necessarily in the position you were in before. There were some very good people let go and It would be good to rehire them. Or are the laid off workers untouchable.

We did everything the regulators and consultants told us to do. Regulatory relief is amongst us but… Risk management is a complete crapshow. This is less risk management and less pressure than I observed a decade ago after implementing the... — read more 

For those with knowledge or experience: If an investigation finds that an employee violated a rule, even without intent or malice etc. — is it up to the LOB management whether to keep them or not? I understand an outcome “recommendation” is given... — read more 

Any layoffs today?

They don't seem like the type that gets offended easily, and seem to encourage some feedback. That's rare. However, I haven't been with the team long enough to be sure if it's genuine or just posturing. I don't want to ruin the relationship, but... — read more 

Any word on a cash award coming for 2026? Past couple of years it has paid out end of Jan / early Feb. I wonder if the $2k RSU from last year will cause us not to get it.

… and WF is not even mentioned. LMFAO. Article did say bonuses should be up 5% to 40% cross the industry. Guess where yours will be?

It's the corporate culture itself, built on maximizing shareholder value. Leadership across the board is identical, particularly in banking. They'll all do the same thing - slash costs to signal Wall Street and pump up the stock price, prioritize the... — read more