Thread regarding Wells Fargo & Co. layoffs

More branch closures but raises and sales

Watching the closing bell today and our CFO got on and said minimum wage up to 15 and those currently making 15 will see a significant increase along with full time employees receiving 3k in stocks. He also stated there will be branch closures. We are stepping away from brick and mortar locations and moving toward the wave of the future in mobile banking. I'm assuming all in stores will be gone with Atms in their place first. They plan to close 800 branches by 2020 and didn't emphasize on it at all so I had to do online research for that. Hang onto your hat's people it's going to get uglier and uglier.

My manager told us they are also bringing back sales goals to a certain extent and they're changing the questions in the surveys.

As a full time employee in northern California we are beginning to worry especially since branches are close to each other. They get us comfortable with redoing the inside of branches wasting thousands then finally shutting the doors. It's going to be rough for us if we get laid off because we are already given a bad rep for staying with a company that ripped off thousands even when we weren't the ones doing it.

Wells is going to lose money in the mobile industry because of the fact there is way too much fraud. We see it every single day and it'll continue and get worse since there isn't anyone to verify the checks.

by | Post ID:
290 views | 1 reply ()
Comment! It's anonymous! Reply to this post anonymously by submitting the form near the bottom of the page!

1 reply

Well the Trump tax plan is temporary and will be voted down sometime in the future. They must increase the cost savings now by cutting all costs. But almost 4 billion in legal bills in the last 3 months of 2017 means the executives desperately want to stay out of prison.

by | Post ID:

Post a reply


Related pages

zep corporationschlumberger calgarytunnel massapequa mallgenesis kennett squaresanta rosa simon mallapple store woodland mall grand rapids miwells fargo bank locations ctwww strayer university loginamtrust financial groupwells fargo job cutswindstream little rock arcisco bedfont lakes addressfarmer brothers coffee companyvalero energy annual reportallegheny technologies incbucks hospitalapple store seattle southcenterwarsaw closingsssga bostonankeny john deere60 minutes full episodesvoluntary layoff lettergeneral motors defianceyavapai regional medical center eastjoplin mercy hospitaldirectv boisefargo dui arrestspike electric layoffstanner road houston texasmurphy petroleum ltdqualcomm building mapxceed mortgage corporationmaximus health services incdirect tv satellite installation technician salarysaint joseph london kyapple store in palm deserthoneywell kssears in indiaexpress scripts corporatebny mellon layoffsorbitz worldwidehalliburton williston ndfull sail university facultyhalliburton jobs in bossier city lalinn energy comverizon california incjpmorgan chase bank fort worth texas 76101wells fargo 1800 customer service numberwinn dixie stores closingfas message boardwingspan advisorsbaxter baxasears mattress store locationapple store the promenade at chenalburlington coat factory new york locationsneophotonicssaia incnovartis cambridge jobslowes c9mbelk company profilebareinternational commaximus companyverizon switch from at&tspx tulsashell jobs houstonstaples bay citystarting salary for assistant manager at walmartmrc odessa txnowata hospitaltriquint semiconductorssperry drillingshoe dept swansea mallpall corporation locations