Wells Fargo

Mortgage unit burnout – are we just waiting for the axe?

Is anyone else working in home lending just exhausted by the constant uncertainty? I feel like I'm doing the job of three people because half the team was cleared out in October, and now we’re hearing whispers about another round before Q1. It’s impossible to plan anything in my personal life because I don’t know if I’ll have a paycheck in sixty days. Leadership keeps talking about 'strategic shifts' and 'right-sizing,' but we all know it’s just a race to the bottom to cut costs while volume is in the toilet. I’ve been looking at other banks, but the whole sector feels like it’s bracing for impact. Is there anyone left in the mortgage division who isn't actively looking for an exit plan? I feel like I’m sitting on a ticking time bomb here.

·2026-11-02T10:00:42.74438+00:00·2

West Des Moines office: Is anyone else packing up?

Just saw the WARN notice hit for the 86 people in WDM. It feels like this is becoming a monthly ritual at this point. I’m in one of the impacted groups and honestly, the severance package is pretty bare bones considering the tenure some of us have here. The communication from leadership has been nonexistent as usual; they just send out the canned emails about 'optimizing our footprint' while we all know the work is just being shipped off to India or the Philippines. If you’re currently in a mortgage-adjacent role, I’d suggest updating your LinkedIn today rather than waiting for the calendar invite to appear. This is the third wave in my department alone this year. Does anyone know if there’s a internal list of open roles that aren't being frozen, or is the internal portal a total dead end right now?

·2026-11-02T10:00:40.452944+00:00·2

Is anyone actually safe in Home Lending anymore?

With the recent WDM notice, I’m genuinely curious if the company has a set number they are trying to reach by the end of the year, or if we’re just getting trimmed whenever leadership decides the volume metrics don’t look good. The vibe in the office is completely checked out. I’ve been looking at the internal board and it’s mostly crickets, but the chatter on the floor is all about who’s updating their LinkedIn profile. It feels like they are slowly sunsetting the entire domestic mortgage operation to push everything to lower-cost regions. Has anyone seen any clear signals from management about what the target headcount is for Q1? I’d rather know now if I need to start aggressively interviewing elsewhere than get blindsided by a 15-minute 'business update' call in December. It’s hard to stay focused on these Q4 goals when I don’t even know if I’ll have access to the systems in six weeks.

·2026-10-12T10:01:05.530192+00:00·2

Another round in West Des Moines - 11/28 effective date

Just saw the WARN notice for the WDM site. Another 10 people gone as of late November. It feels like death by a thousand cuts at this point. I know 10 doesn't sound like a massive number compared to the bloodbaths of previous years, but it’s the constant drip-feed that’s killing morale. Every time a new notice drops, everyone in my department stops working for two hours just to check if their badge still works or if there's a meeting invite waiting in their inbox from HR. Is this really the strategy now? Just offloading a dozen people every few months to keep the stock price steady while the workload stays the same for those of us left behind? If anyone in the home lending unit has heard anything about further reductions, please speak up. I’m tired of playing the guessing game every time a government filing pops up.

·2026-10-12T10:01:02.795478+00:00·2

WDM Home Lending cuts - 08/20

Reporting from the ground in West Des Moines. Confirmed that 14 roles were impacted yesterday, August 20th, specifically within the Home Lending division. It was a mix of support and processing staff from what I could gather from colleagues who didn't make it to this morning's stand-up. No surprises here, honestly. We’ve been hearing whispers about 'efficiency initiatives' for weeks, but it doesn't make the actual walk-out any easier to witness. The severance packages seem standard, but the mood is incredibly grim. It’s hard to stay focused on deliverables when you’re wondering if you’re next on the chopping block. If you’re impacted, I’m sorry—this place has changed so much over the last two years it’s barely recognizable anymore.

·2026-09-24T10:00:39.537322+00:00·2

·2026-09-24T10:00:37.186932+00:00·2

West Des Moines office rumors: is the 8/20 cut the end of it?

I’m seeing the headlines about the 14 people let go in WDM yesterday and honestly, it’s just exhausting. Every few months it’s the same cycle of anxiety. I’ve been with WF for nearly a decade and it feels like the 'Home Lending' unit is just being slowly dismantled piece by piece. Does anyone know if this was a targeted reduction or if this is just the beginning of a larger wave for Q3? My manager is being tight-lipped as usual, but the morale in the building is absolute trash right now. Everyone is just staring at their monitors waiting for a calendar invite that says 'sync' or 'brief meeting'. If you’re in the WDM office, are you guys hearing anything about further department consolidations? Just trying to figure out if I should be actively updating the resume this weekend or if I can breathe for a second.

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·2026-09-09T10:00:41.757267+00:00·2

August 20th WDM layoffs - confirmed

Can confirm the reports from the Register. We lost 14 folks in the West Des Moines office on the 20th. It wasn't a massive department-wide shuttering, but it was targeted enough to be felt. A few friends in the group were blindsided, and it seems like they are pushing the remaining workload to other hubs. HR was tight-lipped as always during the exit meetings. If you’re in WDM, keep your resumes polished and your LinkedIn status updated. It’s clear that leadership is still looking to trim operational costs by any means necessary, even if they aren't doing the headline-grabbing 'thousands of employees' announcements anymore. Stay safe out there.

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Another round of cuts in WDM - is anyone safe?

I saw the news about the 14 people let go on the 20th and it honestly just feels like the death by a thousand cuts continues here in West Des Moines. It’s a small number compared to the massive waves we saw in mortgage last year, but it’s the constant drip-feed that’s killing morale. Every time I see a calendar invite for a 'brief sync' from HR, my stomach turns. My manager keeps telling us we’re 'essential,' but we all know how that goes. Are we just waiting for the next offshore transition notice? I’ve been looking at my options, but the market in Des Moines for banking roles feels pretty stagnant right now. Does anyone have actual visibility on if this was just a isolated team optimization or if there’s a larger phase of reductions planned for Q4? I’m exhausted from checking the internal directory to see who’s still 'active.'

·2026-09-09T10:00:39.352709+00:00·2

Layoff Report: Wells Fargo WDM - Aug 20th

Confirming the layoffs that hit Wells Fargo in West Des Moines on August 20th. Reports indicate around 14 employees were affected, primarily within the home lending division. This follows previous news cycles that have highlighted instability in mortgage operations due to market conditions. While the numbers seem relatively small compared to some other tech/finance layoffs we've seen, it's still a blow to those impacted and the local team. Anyone else have details or confirmation from other locations within WF? Seems like a targeted reduction, but any intel is helpful for those monitoring the broader situation at the bank.

·2026-08-29T22:00:26.582372+00:00·2

·2026-08-29T22:00:24.540047+00:00·1

West Des Moines Wells Fargo: More cuts or just a ripple?

Just saw the news about another 14 folks let go in West Des Moines on August 20th. Home lending unit again, seems like that area is just a constant target lately. Anyone in the WDM office hear anything more concrete about what's going on? Is this part of a larger trend, or just a specific department cleanup? Feels like job security is a constant question mark these days, especially after all the chatter over the last year or two. Curious to hear from anyone who's still there or was recently impacted. Trying to gauge if this is a sign of more to come or if things might stabilize. It's tough seeing colleagues go, and the uncertainty is the worst part.

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·2026-08-24T22:01:25.63767+00:00·1

WF job security concerns – is the bleeding over?

Reading about these continuous layoffs at Wells Fargo, especially in the home lending sector, is really unsettling. It feels like there's always something new popping up. This latest news about West Des Moines losing 14 people is just another data point, but it adds to the general anxiety. I'm wondering if anyone has a sense of the overall strategy here. Are they consolidating roles, shifting work, or is this purely market-driven? The articles about moving jobs overseas after US layoffs don't exactly inspire confidence. Just looking for some perspective from others in similar roles or at WF. How are you all feeling about job security right now?

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·2026-08-24T22:01:21.018773+00:00·1

West Des Moines Wells Fargo layoffs confirmed - anyone else affected?

Just saw the news about another round of layoffs at Wells Fargo, specifically impacting 14 employees in West Des Moines on August 20th, 2026. This is according to The Des Moines Register. Has anyone else from the WDM location heard anything or been directly affected by this? Seems like home lending and mortgage have been hit hard recently, based on other articles I've seen. Curious if this is a broader restructuring or if it's concentrated in specific departments. Trying to get a clearer picture of what's going on internally. Any information shared is appreciated.

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·2026-08-19T22:00:29.322497+00:00·1

Another WF layoff wave - what are they cutting?

Just saw a notification about yet another round of layoffs at Wells Fargo, this time on July 18th. The source mentioned news outlets reporting it. Doesn't specify the division, but given the recent focus on home lending, I'm guessing it's related. It's getting hard to keep track. Feels like a consistent trickle of cuts rather than big, publicized events, which is almost worse in a way. You don't get the clear signal, just a constant unease. Anyone have more specifics on where these cuts are happening this time? Is it back-office, customer-facing roles, or spread across the board? Trying to understand the strategy behind these seemingly constant reductions. Are they streamlining, consolidating, or just cutting costs aggressively? It's tough to see this happening repeatedly without a clear understanding of the direction the company is heading. Curious to hear if anyone has direct insight or has been impacted by this specific wave.

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WF Home Lending - is this the end?

Reading the news about another round of layoffs hitting the home lending division at Wells Fargo. It feels like it's been a constant stream of bad news for that sector for a while now. Saw a mention on MSN about this latest wave, supposedly impacting around 200 employees. It's grim. I'm wondering if this is a sign of deeper structural issues in the mortgage business at WF, or just the broader economic climate affecting everyone. Feels like whenever there's a dip in the housing market, home lending is the first to feel the pain. Anyone else in that part of the business seeing this firsthand? What's the vibe like on the ground? Is anyone there actually safe, or is it just a matter of time? Seems like a lot of the jobs are also being pushed overseas, which is another layer to the whole thing. Just trying to get a sense of the landscape and if there's any stability to be found anywhere in that division right now.

·2026-08-19T22:00:27.219529+00:00·1

·2026-08-14T22:00:25.579815+00:00·1

Wells Fargo Layoffs - What's the underlying cause?

I'm trying to wrap my head around the consistent layoffs at Wells Fargo, especially in the mortgage sector. Is it purely market driven with loan volumes down, or are there other strategic decisions at play? Seeing articles about job shifts overseas makes me think it's not just a temporary dip. Feels like a sign of a larger restructuring. Anyone have insights into what's happening behind the scenes? Trying to understand the bigger picture beyond the headlines. Is this a sign of the overall banking industry struggling, or specific to WF's internal issues? Any intel from current or former employees would be appreciated.

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·2026-08-14T22:00:23.398868+00:00·1

Anyone else seeing the latest Wells Fargo layoffs?

Just saw the news about the latest round of layoffs at Wells Fargo, apparently around [redacted] employees were let go on July 18th. Feels like a broken record at this point. The articles keep mentioning the Home Lending unit being hit hard, which makes sense given the market conditions. Curious if anyone here is directly impacted or has heard anything specific about which departments or roles are most at risk going forward. It's getting harder to feel secure in this industry, even in seemingly stable roles. Makes you wonder what the long-term plan is for staffing in the US versus potential international shifts mentioned in other articles. Trying to stay positive but it's tough.

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·2026-08-09T22:00:29.599549+00:00·1

WF Job Cuts - What's the Strategy Here?

Okay, so the latest round of layoffs hit. Home lending again, shocker. But it's not just that, right? I've seen chatter about jobs moving overseas too, alongside these domestic cuts. Feels like a two-pronged attack. Are they consolidating, trying to cut costs aggressively, or is this a sign of deeper issues in certain business lines? I'm in a different division, but it makes you nervous. It's hard to plan anything when the rug can be pulled like this. Is anyone else feeling this organizational whiplash? It seems like they're trying to manage the optics by spreading it out, but the underlying message is pretty clear. Curious to hear if anyone has a different take or any inside info on the 'why' behind this continuous trimming.

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WF Layoffs - Any Intel Beyond the News?

Seeing the news about more layoffs at WF, specifically in the mortgage/home lending side. It's becoming a recurring theme, isn't it? Just got the official notification today, actually. Feels like they keep doing these smaller, targeted cuts instead of one big event. Anyone else on the receiving end or heard any whispers about which departments are next? The article mentioned home lending specifically, but I'm wondering if it's bleeding into other areas. Trying to get a sense of the scale and if there's any pattern. Feels really unsettling to be in limbo like this, especially with the economy doing whatever it's doing. Any insights appreciated, especially if you're in a similar boat or have heard anything concrete beyond the MSN headlines.

·2026-08-09T22:00:27.973557+00:00·2

WF Layoffs - Anyone Have Specific Numbers/Dates?

The MSN article mentioned another round of layoffs on July 18th. It's vague on numbers, just saying 'employees'. Is anyone in the know about how many people were affected this time, or which specific teams/locations took the biggest hit? It's hard to gauge the severity when the reports are so general. My team hasn't gotten anything official, but the uncertainty is killing morale. If people are willing to share (anonymously, of course), knowing the scale or specific areas might help us prepare or at least understand the situation better. Feels like we're constantly waiting for the other shoe to drop.

·2026-08-04T22:00:26.067768+00:00·2

·2026-08-04T22:00:23.7807+00:00·1

Home Lending Layoffs - What's Next for WF?

Just saw the news about the latest round of layoffs hitting Wells Fargo's home lending division. It's rough out there. A lot of people I know are worried, and frankly, I'm bracing myself. Seems like a recurring theme with WF lately. Curious if anyone has heard any whispers about what other divisions might be impacted next. Is this just the beginning of a larger restructuring, or a targeted move within home lending specifically? Trying to get a sense of the broader picture here. Anyone have insights or seen any internal comms that give more detail than the news reports?

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Anyone else feeling blindsided by these WF layoffs?

Just saw the MSN article about the layoffs happening on July 18th. Around X employees, supposedly. This feels really sudden. I thought things were stabilizing, or at least that the worst was behind us after the previous rounds. Now this? It's hard not to feel like a number when this happens so abruptly. Especially if you've been loyal to the company for a while. Makes you wonder what the long-term strategy is, if they're making cuts like this. Anyone who was impacted directly, or knows someone who was, how are you all coping? Trying to stay positive but it's tough.

·2026-07-30T22:01:15.181033+00:00·1

WF Layoffs - Any word on specific departments besides Home Lending?

Heard the news about the Home Lending unit getting hit pretty hard. Is anyone else in other parts of Wells Fargo seeing or hearing about layoffs? Trying to get a sense of the broader impact. My team hasn't had any official announcements, but there's definitely a nervous energy. Feels like management is being really tight-lipped, which just makes things worse. Anyone in Corporate, Technology, or Risk roles seeing anything? Just trying to prepare myself mentally and financially if things are more widespread. The news mentioned mortgage, but felt like it could be a precursor. Any intel appreciated.

·2026-07-30T22:01:12.838894+00:00·2

Rant

WF moving roles overseas after layoffs? Feels wrong.

Read a few things about Wells Fargo shifting jobs overseas after recent layoffs. This is pure speculation on my part, but it feels like a kick in the teeth if it's true. We're losing people here, and then they're just going to send that work to another country? Doesn't sit right with me, especially if it's for cheaper labor. Is this a common strategy these days, or just another bad move by leadership? Anyone with experience seeing this happen elsewhere in the bank, or even in this specific instance? Seems like a tough pill to swallow for those who are still here and worried about their own jobs, or for those who just got the axe.

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·2026-07-25T22:00:46.071804+00:00·1

WF Home Lending - What's the latest outlook?

Seeing a lot of chatter about the mortgage division getting hit recently. The news mentioned some pretty significant numbers tied to the 2026-07-18 date. Has anyone in Home Lending felt the direct impact yet, or is this more of a 'wait and see' situation? Trying to gauge the severity and if there's any word on where the cuts are focused (e.g., specific roles, locations). Feels like a lot of uncertainty hanging over the department right now. Curious if anyone has insights on what's driving this beyond just loan volumes collapsing. Any heads-up or inside info would be appreciated.

·2026-07-25T22:00:43.602794+00:00·2

Interview

Navigating the Job Market Post-WF

Got laid off from WF a couple months back after 8 years in a mid-level finance role. The severance was okay, but honestly, finding a new gig in this market is rough. Applied to like 50+ jobs, had a few interviews, but nothing concrete yet. Feels like everyone's looking for unicorn candidates. Has anyone else gone through this recently? Any tips on tailoring resumes for specific banking roles, or maybe networking strategies that actually work? I'm trying to stay positive, but the bank layoff stigma is real, and I'm starting to second-guess my own skills. It's demoralizing when you've dedicated so much time and loyalty, only to be let go. Any advice on how to stand out or what companies are actually hiring experienced folks would be a huge help.

·2026-06-25T10:00:29.766097+00:00·0

Iowa Operations - Another round hitting?

Hearing whispers through the grapevine about another round of cuts potentially hitting the Iowa operations soon. Anyone in that area, maybe in back-office, risk, or ops roles, got any intel? Feels like it’s always a specific division or location that gets targeted next. My team hasn't been touched yet, thankfully, but the uncertainty is wearing thin. Been with WF for 6 years now and it's just a constant looking over your shoulder. Is it just me or does it feel like they're streamlining departments down to the bone? Wondering if there's any specific business unit or function in Iowa that’s on the chopping block this time. Not looking for gossip, just trying to prepare if it's coming my way.

·2026-06-25T10:00:29.55116+00:00·0

Rant

WF Layoff Rant - I'm so sick of this anxiety

Honestly, I'm just venting. I'm so tired of the constant fear of layoffs hanging over my head. It feels like it's been this way for years. We bust our butts, meet our goals, and still, there's always this underlying threat. I can't focus on my work because I'm constantly worried about losing my job. It's affecting my sleep, my relationships, everything. I know I should probably just start looking for another job, but it's easier said than done. And honestly, where *isn't* this happening right now? I just needed to get that off my chest. Thanks for listening, internet strangers.

·2026-05-28T08:12:29.108612+00:00·2

·2026-05-28T08:12:25.864696+00:00·2

Severance Package Question - What to expect?

Hypothetically speaking, if Wells Fargo *were* to do layoffs, what kind of severance package are we looking at? I've heard rumors of different packages depending on tenure and role. I'm in a middle-management position in tech, been here for 5 years. I'm trying to prepare myself mentally and financially, so any insight would be greatly appreciated. Is it weeks per year of service? Are benefits extended? Is there outplacement assistance? Any information is helpful!

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WF - Anyone else feeling the pressure cooker lately?

I've been with Wells Fargo for almost 8 years now, in the mortgage servicing department. Things have been... tense. I'm seeing a lot of process changes lately, more scrutiny on metrics, and whispers of 'restructuring' floating around. My manager has been visibly stressed, and even though she assures us everything is fine, her behavior says otherwise. I'm constantly checking my email, bracing for the worst. Anyone else experiencing this in their department? Is it just my team, or is this a company-wide thing?

·2026-05-28T08:12:22.057672+00:00·2

Rant

WF is a dumpster fire. GET OUT WHILE YOU CAN! (Rant)

Seriously, if you're reading this and you have another offer, TAKE IT. I've been here 15 years, and the slow decline has been agonizing. The constant reorganizations, the shifting priorities, the soul-crushing bureaucracy... it's all designed to wear you down. They squeeze every last drop of productivity out of you, then toss you aside when they find someone cheaper. I'm in Compliance, and the amount of extra work they load on us is insane. Meanwhile, senior management sits in their ivory towers, completely disconnected from reality. I used to be proud to work here. Now, I'm just counting down the days until I can escape this hellhole. Save yourself the misery.