Delaware is definitely on at least one major divisions list. That info will drop within 30 days.
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My Mgr told me last week that the original thought of executing the location strategy by end of 2025 is likely to be extended until 2027/2028....I don't know if they were just saying that to keep folks from jumping ship "too soon". Alot of speculation, guess only time will tell.
Richmond and Delaware aren't on anyone's list. They'll be gone this year. If they could sell Innslake, they'd be gone already.
STL is not a specialty market for WIM, it's a core market period. They're still hiring in STL.
Atlanta is done for non-customer facing....St Louis will be a specialty market for WIM that will be reduced via attrition; San Antonio will be shut down in favor of Dallas; Raleigh will be shut down or attrited away, as will Richmond and Delaware.
Atlanta is not a go-forward market for anyone.
The list that was published by CSBB is the enterprise list. what varies by OC will be which markets are designated "growth, specialty , maintain".
warn notices go out on the day they lay people off. Most get a 60day (or more depending on state) non working people where you still technically work for the bank. It's that nonworking people which serves as the notice period for employees. SF Metro will be a no growth specialty market with most people being in SF and Concord.
Shart said there is no such strategy. We must believe Dear Leader.
@vby+1qGNxWwP Corporate Risk hasn't published them yet, but, last I heard it will be: India (leaders going there this week), San Francisco (one if the Market St ones), Dallas, Phoenix, St. Louis, Minneapolis, Charlotte, DC, Hudson Yards and I think I heard Atlanta and Des Moines. I recommend checking the WARN notices for your state. They are usually required when laying off 100+ people at a given site.
Never. What did you think would happen with I&P and contracting? The days anyone "caring" are long gone, my friend. I guess firing domestic employees does have consequences. Who would have thought.
They a should have all been posted at once. Awful communication coordination.
When will their deadwood management be replaced by competent people that actually care about customers, employees, and shareholders?
Grab a very big empty jar. Biggest one you can find. Every time you need something from WF, no matter how small, such as asking for basic information about a major company wide strategy to help you prepare for the future, throw a penny in.
Guarantee, especially if you are not a candidate for layoff/severance, the amount of pennies gathered will be enough to consider quitting.
Don't worry about securing the pennies, no one wants to steal another's pain and suffering.
Ditto. 1Q. Always fun waiting to find out if some ultra rich NYC A holes are going to fire you based on completely meaningless and arbitrary criteria.
I heard everyone should get some info from their LOB in the first quarter of this year.
Interested in this as well. Lots of people in the other thread being snarky saying check Teamworks. Many of us are in different LOBs. I just signed into my laptop to see if I could find anything as a Corporate Risk employee and came up empty.