Plan accordingly. And stay healthy
Wells Fargo & Co. is laying off six dozen employees in the Des Moines metro, according to state filings. The banking giant, whose home mortgage division is based in Des Moines, confirmed in April that it was cutting positions around the country. The... — read more
June 16, 1933. The Glass-Steagall Act effectively separated commercial banking from investment banking and created the Federal Deposit Insurance Corporation, among other things.
Not only has the gramps destroyed my stock portfolio which i've saved for over 26 years, cutting it -42% YTD, but this admin has also created insanely high inflation giving out cash for votes, it feels like my money is worth about half. Yesterday... — read more
Look at the destruction Hays oversaw in WIM. Dismantled the entire Private Bank! Not easy to do. Is anyone happy in that division? What will the future look like?
As we near stagflation. We will see a Carter era economy soon. Office workers will be working at Starbucks. You will know the ones let go from Wells, they will be the ones complaining the most. Yes, we have met them all here. Good luck to my fellow... — read more
Let's start tracking the size of the organization. As of 8/17, Charlie has 254,274 employees. Does anyone have a figure from earlier in the year?
I have no debt and can’t even afford groceries to last me until next check. I will be able to get a weeks worth, not a full two. After working here for many years, it would be nice to be able to live with a little less stress. I don’t buy extra... — read more
From yours truly Mack and SVB. You too can hear about how they “navigate challenges of everyday life” Is this where I’ll get to hear about how they get to work a second job to put food on the table? No? Where they have to forgo vacations? I don’t... — read more
Somebdy need to train the cafe on how to satisfact customer. Lines long and casheir is rude. everybody is tired of waiting for they food.
Being paid to leave while there is a hot job market would be pretty amazing, IMHO.
It’s own employees to wear masks. My, this is not good. But the rest of us don’t have to wear them. Seems like they are willing to sacrifice many of us as collateral damage. What is happening? This country and these companies have gone mad. — read more
I think I am being forced out. I was assigned a new "job" in a new department. My old position was eliminated. The folks in the new department say they are under stress from having too much work but when I ask to help out I am ignored. I have been... — read more
Having management that doesn't care about employees makes me so angry. There are companies with good leaders who care about employees and support their career growth that are doing really well for that exact reason. The saying "a happy employee is a... — read more
Our entire larger “team” (70+ people) were told in a call by a director-level leader (one level down from the EVP, two levels down from Charlie, who is also our “site-leader” for RTO) that they are looking at badge swipes and LAN. My understanding... — read more
It is a clash over the meaning of work. https://www.bloomberg.com/opinion/articles/2022-04-25/workers-are-winning-the-return-to-office-war-because-they-re-right
Multiple confirmed cases of Covid at 1 Wells Fargo. Management trying to keep it as quiet as possible. My scumbag manager tells anyone who refuses to RTO for fear of getting sick that they will be charged a PTO day. And they wonder why everyone is... — read more
I think there is someting brewing. And this one can be bigger than the one before - look at the energy prices, that Russian mess, inflation is running super hot, tech stocks are melting down, real estate is so high young people are screwed, I am... — read more
Thank you. Thank you for your question. Thank you. Thank you for your question. Sounds like there is no official monitoring for RTO. LOL! Thank you. Thank you for your question. Thank you. Thank you for your question.
Well this is a fun situation and also just PROVES that no one thought through the RTO process. What happens to those that need assistance in building emergencies. I completed a form and one of the fields was "CUBE NUMBER" I wasn't being a... — read more
They are taking away company owned devices but I use my phone for email especially when traveling. I also have clients that call my phone if needed. Anyone able to get their cell bill reimbursed? Or other recommendations?
I took a full-time remote role about 10 years ago, for health reasons. I never felt the need for an accommodation because the role was full-time WFH. I was always willing to go in for bigger meetings/onsites, I just cannot commit to 3 days a... — read more
Wells Fargo Advisors Head Jim Hays to Exit in Another Shake-Up In another shake-up atop Wells Fargo & Co.’s brokerage unit, James E. “Jim” Hays is stepping down as head of Wells Fargo Advisors on July 1, according to sources briefed on the... — read more
I realize there are a LOT of miserable people at Wells Fargo and empathize with many about the culture, the lack of respect towards employees, the lack of commitment to employees, the threat of constant layoffs, the hypocrisy, the lack of consistency... — read more
Just hit my 25 years in Feb. Told them they can keep the acrylic cube - I have no desk to keep it on. I am really thinking about getting off the stagecoach. I mentioned this someone who left a few years ago. This former employee said he thought that... — read more
A non exempt manager that I directly supervise is possibly the laziest employee I've encountered. They don't do their basic job tasks in a timely manner and almost refuses to speak to certain other employees including myself, their direct manager... — read more
In case you were wondering the covid policy recently changed... 05/09. However if you call HR wells and specifically select option 8 for covid it's a cr-p shoot if you get the accurate information. Also this is not updated on teamworks from home. To... — read more
This will be announced soon. Is WFA going to be sold off?
WHY are we going back into the office to a sterile environment? What is the advantage of the 'drop in' cubes? I had numerous boxes from my last office that I have to go through and three are just personal items that were in my cube. I guaranttee... — read more
This will certainly boost the moral of employees (for a while!) and make them think the company cares for them.
Cuts to contractors and SOWs will happen soon as tech budgets now have issues. Not sure how we can get to May and not have budgets and head counts in good standing. Hope FTEs are not next.
Heard that sentence a million times on this board, and there is nothing that I would like more than to leave WF for another job in the industry, ut I cant seem to find any open positions for remote employment in my line of expertise. Are people just... — read more
Level 1: Clarity Level 2: Self-Sufficiency Level 3: Breathing room Level 4: Stability Level 5: Flexibility Level 6: Financial Independence Level 7: Abundant Wealth
Was on a call. Someone brought up the agile team maturity survey. Lots of people were pushing back on the validity of the maturity survey. The presenter got a little frustrated. They stated they thought the survey was stupid too. People kept pushing... — read more
Just my own annecdotal observations: there are LESS people on site at my location after the reports/threats over the last week or so. I'm not sure this is going to go how they think it's going to go.
Today...WF released a "Team Link" email blast to all employees. One of the articles was "Bill Daley and Mike Santomassimo on Wells Fargo's commitment to reducing greenhouse gas emissions" WWAHHHHAT???? You say that, but have all of your employees... — read more
Haven’t been going in, not even one day a week, got the call I made the report and need to get in this week. Actively looking outside the company, but will return until I find something.
Or, is it good in general - in light of things going DevOps and open source databases… Thoughts?
does anyone know if WFC pays out a severance package when one resigns due to not feeling comfortable returning after a HR complaint?