Been hearing that since I’ve been with the company for 10+ years, I get two weeks of severance for every year I was employed? Is this true? If so, I heard WF has a procedure in place to actually help keep you from collecting on this severance if you... — read more
RTO reports not being monitored?
Hearing from several different LOB friends that the RTO reporting is no longer being monitored. Any managers have intel on this?
Layoffs
More Wells Fargo layoffs announced in West Des Moines at Jordan Creek https://share.google/Zspmrf49AvKowXIaj
“Changes to our Leadership Team”
Looks like Jason W. is about to sc--w over the employees in the Complaints, Remediations and ECRL teams!
PAC emails
Can we stop with the PAC emails? Unless they are advocating changing laws for fewer layoffs.
DF/Corp Risk has < 10k people now
What is the goal ? 8K? 5k? Endless ?
Read your damn documents!
I know this is not layoffs related, but it's been bugging more and more since it's slowing me down and it might affect my future here. We send out docs ahead of time for every single meeting, but it’s obvious no one reads them. Then the meeting turns... — read more
Business deposits
Any thoughts or insights on the business deposits team under Chris Starr? I recently applied for a position. Pay range is great but I’m wondering what leadership is like.
This doesn't feel like a job anymore
It's just a waiting room until they walk you out. Our manager actually complained that we're not invested. The only reason people didn't laugh out loud was because they need the money.
Things I Don't Understand and Things I Know
When I first started working in tech many years ago, layoffs were something to be avoided at all costs due to worker impacts. Companies did everything possible to avoid them. I quickly learned the difference between layoffs and reduction in force. It... — read more
MVP Event
Anyone attend this past week? Really fun times. The executives are all so nice. I got to get a picture with Charlie he’s a super great guy. Informative info as well.
Massive layoffs in one month
Why would I work hard if the massive layoffs is one month away?
Citibank paid $0 in Fed Income Taxes
Why did WF pay?
People watching us patrol conference rooms
Stop looking at us. Let us patrol.
People patrolling the focus/conference rooms
I was in the office and there was a lady repeatedly peeking into all the focus/conferences rooms on my floor. Not sure if she was just a busy body or it was her job. I hope people continue to use those rooms so at least there’s less people in open... — read more
The rumor might not be true. But why not offer voluntary layoffs?
They'll be laying people off left and right anyway. Sure, some people they might want to keep could leave first. On the other hand, it's not as if they've been working hard on talent retention. The only way it wouldn't make sense is if they've been... — read more
In a way, it's impressive
How hard they are trying to find people to get rid of. Multiple ways of tracking the same work, how often you're moving the mouse, clicking, and typing. Whether your work can be replaced by a push-button workflow. Capitalism is showing just how... — read more
Voluntary Layoffs
Source tells me voluntary layoffs are coming. Please god
I might've had 5 face to face meetings since RTO began. Everything else is on Teams.
Just saying. The whole thing makes no sense. Why come in at all.
Medical Insurance when Severance ends
My last severance paycheck will be May 8. Anyone know if insurance stops the day after or does it stop May 31? I have heard if you work at least one day in a month then leave, your insurance is covered until end of month. Wondering if same applies... — read more
Lawsuits claim AT&T's CEO saw relocation mandate as way to replace older workers
Interesting...I know many of us are hoping somebody gets traction with a legal response back to companies trying to cull their older employee... — read more
Summarizing your career....buckle up
chucky pucky changed employee members he removed the word team and made them all embers removing 80000 of them in 6 short years his salary doubled while former employees in tears see its no longer about fairness and stability to chucky pucky its... — read more
"Together we’ll go far"
Does this have any meaning any more?
RTO is really doing wonders for my budget
Especially with gas prices climbing. And since raises don't keep up with actual inflation, the rumored 5-day RTO would fit perfectly with their plan to push out as many of us as they can.
May 26
There’s a big discussion about May 26 big layoffs in my team. Have anyone heard anything about May 26?
Beware of Skan
This post is nothing new in regards to WF monitoring employees keyboard/mouse/Teams activity. We have been aware of that since last year. Not sure if all computers at WF are running Skan. If yours has it in the system tray be careful. They are using... — read more
Article: Wells Fargo CEO talks layoffs, CELEBRATES 23 consecutive quarters of headcount reductions
Headline is accurate - our CEO is "celebrating" the demise of thousands of employees. Save us the lies of how "difficult" these layoffs are for leadership, and how "thoughtful" the company is in its approach. Why are we all still here working for... — read more
Did the layoffs stall the growth?
Looks like wells fargo want to move its business and operations to India.
Has anyone seen recent employee reports
For RTO 8 hours I know that it’s first swipe of the day and last swipe but do they look at the in and out swipes? We had an activity day in our parking lot. Wondering how that shows up- if I swiped out for 90 minutes does that count against me? Also... — read more
Copilot will help with productivity
If it can tell me how to stop anyone at or above p3 from scheduling a meeting to "discuss tomorrows meeting." Tomorrows meeting by the way is billed as "brief introduction..." Maybe we can get a Kindergarten teacher to come in and give their TED... — read more
JPM monitoring junior bankers every keystroke, claims its for employee well-being
For the activity monitoring skeptics. Given how hard charlie fetishizes JPM, still think this concept isn't coming to Wells... — read more
Today’s COO Town Hall
This is the [unofficial] chat for today’s COO Town Hall. Post your questions, comments and concerns here since we can’t truly be honest in MS Teams without fear of being monitored, fired, retaliated against.
Wells Fargo Trims Employee Ranks
Wells Fargo’s head count has fallen as the company tries to curtail expenses. The company reported having 201,000 employees at the end of the first quarter, down from 215,000 for the same period last year, a 7% decline. The bank reported that... — read more
Welcome to the Machine
Welcome to Charlie. Can you hear him? Can you feel him? You run a bank to punish us. You run a bank to reward the few. You dream to be a big star. You love the machine. You are the machine.
Any team that is not doing layoffs but expanding?
Which team and location?
Got laid off today
And all I feel is relief. I'm honestly glad I stuck through all the attrition so I could leave with a severance. Good luck to everyone still there. The sooner this place is in your rearview mirror, the better off you'll be.
Chainsaw Charlie did please wall street today
WFV down almost 6%. JPM only down 0.8% Chainsaw Charlie knows how to axe people. He doesn't know how to grow a bank. He can't hide behind consent orders anymore.