If you care most about work life balance, it’s not a bad place. But don’t expect growth in career or compensation.
The culture used to be good but it has been getting worse over the years due to poor management. There are a lot of managers who don’t add value themselves and value cronyism. A lot of orgs are bloated with people not doing much. This has led to the need for cost cutting and layoffs. But the bad managers are the ones doing the layoffs and sticking around.
Anyone has insights which groups/teams will be impacted? Heard some rumors on some groups having all hands calls regarding significant team restructuring. Any thoughts?
Lots of people in Technology are cut. People were called into random meetings and told that their access will be off after the call. My cousin and all his teammates were impacted despite his Exceed Expectation rating! It seems WFH folks are heavily impacted. Severance is 60 days of pay plus tenure p...Read more
Yesterday some groups on the wholesale side were impacted by major layoffs. Anyone have any additional insight on the next round of layoffs which I hear is around the corner?
I heard tech was affected.
Hi, Is anyone aware of any layoffs are planned in engineering division at Wells Fargo US?
Predictions on when 2020 layoffs at WF will take place? What teams/departments do you will think will feel the most loss? According to public info, Sloan was supposed to cut 10% over 2 years and did nothing. Shareholders/Wall Street are “disappointed”. Now with Charlie as CEO, who is known for hig...Read more
Other banks to follow? https://www.abc15.com/news/business/wells-fargo-signals-substantial-layoffs-ahead
Apologies for repeat post but is anyone aware about planned layoffs in Wells Fargo’s engineering division? TC 150K
my dad was laid off earlier this year from amex (we worked at the same company) and recently started at wells fargo last month. i keep checking thelayoff and they’re saying august 25 is when managers are being told who to lay off and then meetings will be scheduled next thursday to those getting la...Read more
I read on thelayoff that today was supposed to be massive layoffs at wells fargo? How are things? How are they conducting the layoffs? Thoughts and prayers to those getting laid off.
Did you think we were out of the woods? Not that fast. Layoffs in Geico, Schwab, wells Fargo, USAA, CVS, Dell, Intel, Novartis
GS is joining well Fargo and Citi in layoffs, and eliminating around 400 positions #goldmansachs #layoff https://www.bloomberg.com/news/articles/2020-09-30/goldman-to-resume-job-cuts-as-banks-abandon-covid-moratorium
I hear people talking about how layoffs are going to start again but im not sure if they ever stopped…. https://www.peoplematters.in/amp-strategic-hr-google-amazon-wells-fargo-and-others-lay-off-employees-amid-festivities-39460 #layoffs
https://youtu.be/lMU9X_VGH9I Layoffs impending? How did Wells Fargo react to their dividend cut?
Will bank stocks double in 2024 like faang did in 2023? Here is a weird analogy…Wells Fargo and Citibank doing mass layoffs like Meta and Google did last year…
Stocks are still down in finance. Do you expect banks to start laying off employees? Wells Fargo, JP Morgan, Charles Schwab? So far the only huge finance layoff has been Goldman Sachs.
Since Goldman Sachs has started their layoffs, will other banking firms like JP Morgan & Chase, Wells Fargo, American Express etc be safe from layoffs or not? If layoffs are gonna happen,who will affected first : Senior Devs or New grads? #layoff #jpmc #newgrad
I got an offer from Wells Fargo for a senior software engineer role in the consumer banking business. I am wondering how stable is this job from a layoff perspective. TC 190k
Bank are already gearing up with mortgage operations layoffs. Fake news? https://wolfstreet.com/2018/11/16/housing-downturn-arrives-in-silicon-valley-san-francisco/ www.sfchronicle.com/business/networth/amp/Well-this-is-new-Price-cuts-on-Bay-Area-homes-13400672.php https://www.nationalmortgag...Read more
https://www.bloomberg.com/opinion/articles/2020-06-17/hsbc-may-need-more-than-35-000-job-cuts-after-covid https://www.abc15.com/news/business/wells-fargo-signals-substantial-layoffs-ahead