What is the ROI on this and how does it align with our strategic planning?
At a time where we keep hearing about constant cost-cutting, endless WFRs, hiring freeze, and rumors of no raises, I think leadership owes us transparency on the motive and expected benefits. This really makes me sick to my stomach and I cannot be alone on this sentiment.
Posts mentioning hashtag #wfr
Below are all the posts — topics as well as replies — that mention the hashtag #wfr.
Mention #wfr in your post to continue the discussion!
Wells Fargo warns of more layoffs amid ongoing job cuts
https://finance.yahoo.com/news/wells-fargo-warns-more-layoffs-203919733.html?fr=sycsrp_catchall
Wells Fargo has cut staff every quarter for the last five years. Its headcount of 210,821 declined 1% from the end of the second quarter and is down 4% from Sept. 30 of last year.
The CEO said the company has instead become more efficient.
“This was not driven by business sales or outsourcing but, in fact, real improvement in our efficiency,” CEO Charlie Scharf told investors on the bank’s earnings call. “We’ve also significantly reduced how much we spend on professional and outside services as well as non-branch real estate.”
Exact numbers of people who will lose their jobs were not shared.
The biggest layoffs like never before
By December. Stay tuned.
Praying to be laid off
USAA went from being a decent to a horrible place to work in the last few years. I'm ready to move on, and it'd be even better if they paid me to do so.
Tip for future WFRs - FSA cutoff
Was part of the Sept 22 impact with effective date Oct 3. Health insurance is extended through the end of the impact month, however FSA cutoff is the last day worked. I scrambled to more a dental procedure from November to mid-Oct only to find out ot won't be eligible for FSA dental coverage since it was not prior to Oct 3. The paperwork provided is confusing at best and no one walks you through it. I am out $1200 of unused FSA because I thought I had til Oct 31. Don't make my mistake.
WFR and H1B
For those impacted by the wfr and are on a h1b visa, what are the options? Is Juniper going to maintain the status during the severance period?
RevOps
What is the rationale behind newly formed Rev Ops under David Schmoock? Will it create overlapping roles and lead to WFR? Does it include any updates to Services group?
Any real WFR news?
Hearing rumblings about weekly WFRs underway, any numbers or specific depts?