Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Charlotte Uptown or CIC

Given the choice to RTO to Charlotte uptown or CIC, which is the better option? Both have open seating but which is easiest to get to once inside the building? Are all areas open seating? No one from team is in the area so will be basically just want... — read more 

IM and bonus/raise

Got my first IM after being at Wells for so long. Life got the better of me last year. Any idea how much this affects bonus and raise?

Question about 401k contributions/bonus

I may have an opportunity to leave after bonuses are paid. Should I NOT contribute to my 401k percentage from the bonus, given that I may not be around to get the match? I assume I can take my own contributions with me if I leave; I just forfeit the... — read more 

Where are these amazing jobs everyone talks about?

I’ve been searching for something else for months, and nothing even comes close to my current job, especially when it comes to pay. Yet, every other day, I read about someone who was laid off or quit to find a job with higher pay, better benefits... — read more 

No location strategy exceptions after October?

I was told this by my boss last week. I'm taking it with a huge grain of salt since low-level managers never seem to know what is really going on. Has anyone else heard this? I haven't seen it mentioned elsewhere on this site. LOB is consumer... — read more 

145 Billions + We Got to Cull the Work Force

https://dailyhodl.com/2025/01/26/jpmorgan-citi-bank-of-america-goldman-sachs-wells-fargo-and-morgan-stanley-reap-145680000000-in-profit-in-one-year/amp/ Why the urgency to Cull? Because the company is owned or leveraged relentlessly by a few as a... — read more 

Wait, what???

Flashback: Charlie Scharf quotes upon accepting new job as CEO of Wells Fargo. “You can’t walk in, especially as an outsider, and say ‘Forget everything you’ve done, here’s the future.’ “ "I learned a long time ago that you’re far better off, if... — read more 

The after…

I was a 20 year high performer and got the call a few months ago. I quickly landed in a much better place where nobody is talking about RTO, location, hours tracking, or calibrating people to get to a quota of low performers. Bottom line: getting the... — read more 

WF bank settlement

https://ekmc.in/wells-fargo-bank-settlement-2025/

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More mandatory DEI training needed

Heard today that it may no longer be required. There is so much systemic discrimination and racism, I personally believe that much more training is needed and that it needs to be mandatory.

A note from a bottom performer

I was rated “does not meet” for all of 2022, 2023 and my mid-year review for 2024. Until something spectacular happened, I got a “inconsistently meets” for my end of year review for 2024. Wow! I’m doing great, guys! Keep ya heads up, low performers... — read more 

Jan 12 'SPOT Award'?

Anyone else in notice period receive a 'spot award' last night (1/23)? Have a feeling I am receiving this and will be sc--wed out of my proper bonus, even though I worked nearly the entire year.

Toxicity is becoming unbearable

The manager has completely lost control over our team, and I don’t think they even care. They allowed office politics and squabbles to reach unacceptable levels. We are still expected to meet targets, and we do - under a lot of pressure. We... — read more 

8 hours in office legal challenge

If you are exempt and are told you must be in the office 8 hours get ready to document everything. It is very easy to prove not all are held to the same standard. Also very easy to prove this will disproportionately effect certain groups. Also make... — read more 

What is it like?

What is it like to go into the office & sit next to an empty cubicle that use to be your co-worker & friend that has been laid off? Are you happy it’s not you? Do you keep in touch? Do you care?

BE's 2025 Tech Priorities-- lol

Video was put out by BE on 2025 priorities. Fair enough. What made me lol was the comment on how we can be more efficient-- yeah, no sht. But then went on and mentioned Agile. Lady, Agile is NOT going to do jack sht about how inefficient we... — read more 

Promotions

When was the last time you heard of someone being promoted without it being blatant nepotism or cronyism?

Bonus Timing

We all know bonuses will hit checks on Feb 14. I’ve seen some posts that the bonus can be pulled back up to the day before it is issued. I don’t think that’s accurate. If giving notice, what date leading up to Feb 14 is your best chance to keep the... — read more 

Fake jobs problem

Many posts are fake jobs listed for H1B and Green Card applications. Report them to government agencies.

No more room in the office

We are starting to see the impact of not having enough office space for RTO. Wondering if there is any chatter to fix that in New York. I’m only allowed to sit on my floor on a certain side. If they do return to 5 days, what are we going to do? Sit... — read more 

8 hours in office

Anyone else get a communication that a new expectation is that you're required to be in the office for 8 hours on your required 3 days each week and that this 8 hour requirement is now being tracked?

Jobs moving to India

We hardly see any hiring in our org. All the replacements positions are offerred to Indians in India. Wells want to operate here but prefer indian employee. How fair is this? Hoping for some new regulations to address this norm followed by several... — read more 

Anti-DEI protests overlook WF

Too cheap to pay the WSJ, but what I did read doesn’t mention WF. Not because our DEI has been rationalized (as if) but rather because we don’t matter. This must frustrate our Napoleonic money-center poseur in Hudson Yards.

I messed up

In an effort to protect myself from layoffs as much as possible, I kept taking on more and more work. Now I'm stuck with doing more than double what I used to or I should be and I have no idea how to hit reverse without jeopardizing my job. I'm... — read more 

Degree

Manager asked about if I’m going for the higher education during the meeting, she knew I have a master degree, am I crazy or now manager ask their team member to go for phd? Why?

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