"Microsoft announces $17.5 billion investment in India after laying off thousands of Americans in... — read more 

Why are they giving us computers the equivalent of chromebooks? We need better computers to do our jobs. What a Chromebook is best for • Web browsing, email, schoolwork, streaming, Google Docs • Simple, fast, secure tasks

It won’t surprise anybody that posts with either hate speech or named individuals have short lives. But there are also posts without those qualities that are also disappearing. Some of those posts carry painful truth. I wonder if somebody on the... — read more 

Three times a week.

Does anyone have any insight on headcount reduction coming to Independent Testing & Validation? I’m new to this LOB and don’t have any background knowledge on the inner politics. Thanks.

All this talk about how AI is going to take this company so far ahead has it really helped you at all? Or just helped you out the door?

Gotta make sure you stay on the right side of management

Which groups were impacted and locations?

Are layoffs happening that week?

My manager just told me they had Copilot write the year end reviews for all of their employees.. Is this the glorious future we've all been waiting for? Our performance and raise dependent on AI?

Under Corporate risk - Credit Risk - Risk modeling. Massive cut yesterday. Most of these guys are Quants making over $250K The rumor is lots of Quants and risk analytics in corporate risk are in the chopping block early next year

After four years of consistently exceeding expectations in my reviews, I was terminated “for cause” despite never having been on any kind of warning, performance plan, or investigation myself. What triggered it was a situation where one of my direct... — read more 

From Reuters Wells Fargo: severance likely to rise in fourth quarter Bank will roll out AI gradually over the next year and beyond More efficiencies to come from AI, CEO says Dec 9 (Reuters) - Wells Fargo (WFC.N), opens new tab expects more cuts to... — read more 

Cyber security executives have recently been firing people because they have been putting their own spin on executive orders and thus individuals have been terminated for not meeting company expected standards. Starting in quarter one management is... — read more 

Many ER Consultants in the Accommodations team were laid off today. Anyone emailing them is getting an auto reply saying, “One of my teammates will be contacting you soon regarding your open accommodations request.” Looks like a big cut hit that... — read more 

Five peeps in 2 weeks terminated, not laid off. I’m not convinced all of them went through performance improvement process. We know job reductions are coming in 2025, is this the norm so they don’t have to pay severance?

I’m not convinced anyone new will do wonders for my team, but watching him leave after all the damage he caused was so, so satisfying.

Seems like the rumor is coming true https://www.masondc.com/blog/contract-awarded-wells-fargo-one-flagler

Safe?

(A Wells Fargo Christmas Carol) ’Twas the night before layoffs, and all through the bank, Not a creature was stirring, not even a crank. The severance packets were hung by the chimney with care, In hopes that Saint Charlie soon would be there. The... — read more 

More layoffs are coming around the mountain. Happy Holidays

Good luck to all!

Let's say that HR determines you violated company policies, with a totally clean prior record. Is it then always up to the manager to decide to either keep or to terminate you?

80% is Indian. Where is the diversity?

Why does Wells Fargo continue to promote managers who run teams through intimidation? It makes no sense to me that people who rely only on yelling and threats are seen by those higher up as high performers, but apparently they are, because it keeps... — read more 

I was doing some tinkering with AI and thought to share: ⭐ 3. Set internal boundaries with AI pressure and dashboards Dashboards are not reality. AI promises are not reality. The “push of a button” narrative is not reality. But your body reacts... — read more 

are folks that get severance supposed to talk about what they got if it's a more generous payout than what the policy allows (2 weeks for every year)? do fired employees get severance? Has anyone heard of such a thing?

Let that number really sink in. I always rolled my eyes when people told me to "just be happy you have a job" while I was complaining about all the issues we face day to day, but seeing numbers like this makes me understand, at least a little, why... — read more 

https://m.economictimes.com/news/new-updates/the-500-years-old-temple-where-techies-go-to-fulfil-their-american-dream-no-puja-just-personal-connection-with-deity/amp_articleshow/124119110.cms

I was paid just fine during the 60 days, and I submitted the severance docs early on. I didn't get paid on 12/5 though. It's there a delay for the first severance check?

I love how leadership claims forced stack ranking isn’t happening. It is. 100%. India is not part of it. So if your team has 15 US and 5 India the rankings are only for the 15 US. That means one or two of you will get less than meets even if you do... — read more 

I’d love to know how much money is being burned on that hallucinating mess, and how many people were pushed out specifically “because of AI.” Sure, most cuts were really about offshoring, but some people absolutely were replaced in the name of AI... — read more 

I tried, and I can't. I get so worked up ahead of every other Tuesday and then it takes me a few days to calm down afterwards. Rinse and repeat. Yet I see so many of my coworkers act like it's not a big deal. How do you reach that point, because... — read more 

I ’ve read your posts, and I see a lot of pain, anger, and smart people struggling to land. Yes, the market is tough, and yes, offshore/H1B is a factor, but let's talk about the biggest hurdle: Your Wells Fargo Leadership Narrative. You were trained... — read more 

Wells Fargo sure picked some doozy insurance companies. I’m paying for all my prescriptions and MetLife won’t pay out on critical illness insurance. Aetna never had any co-pays when I picked up my prescriptions. United healthcare won’t even cover... — read more 

So I went to my morning meeting. We all joined. Some were still waking up (west coast) and others had already consumed multiple cups of coffee. "good morning!" said the scrum master. "mmmmm" said we all. "OK so we are going to go through the... — read more 

Been with WF for a looooong time. And I have to say, this is the worst nepotism I've ever seen. Its true. And for those of us who have been around as long as I, we might have gotten one or two back in the day. Soon, they were acclimated to WF and we... — read more 

From folks who say, "The company doesn't have to give severance..." or "other companies do much less....". What EFFIN BS. Yes, WF HAS to provide severance. They have to abide by the employee handbook which they have published. For all you mo--ns... — read more 

Thread title and anyone have any idea if they were to do so how long it would take to change it?

Once there was a bank that made record profits because their employees worked to lift the asset cap. Then one day Scrooge decided force rank employees so at least one from each team got cut no matter how good they were. That year the families that... — read more