Thread regarding Wells Fargo & Co. layoffs

WF Hiding the numbers

When Charlie joined he said he wanted WF employees to number around 180K. That was when total head count was around 260K most in the US. Starting in 2025 they stopped using the Cost Code we could look at for the numbers displaced at any given time. THEY ALSO moved the International head count into total head count!

As of 4/18:
Total head count under C.S. 221,846
Physical Location = USA is 169,695
Physical Location = IND is 37,005

At what point will there be enough layoffs? US employee are already under the number previously communicated, Have you noticed they haven't communicated any add'l reduction numbers to the public?

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| 1863 views | | 14 replies (last April 22, 2025) | Reply
Post ID: @OP+1js4ww9hs

14 replies (most recent on top)

There are far more offshore resources than your numbers. Almost 80k in India and Philippines alone.

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Post ID: @s3+1js4ww9hs

Search for physical work address by nation.

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Post ID: @pk+1js4ww9hs

Specifically, how did you get the offshore totals?

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Post ID: @eg+1js4ww9hs

It's obvious to me that Shart won't stop until the non-sales / non-exec domestic headcount is zero. Any number he throws out along the way is nothing but a short term goal.

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Post ID: @d8+1js4ww9hs

@as that is no longer accurate, we have groups from India that now report into our Org and I am sure we aren’t alone. Nice way to hide the actual count.

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Post ID: @b3+1js4ww9hs

Hey, @OP. You should ask the question in every town hall and AMA you get invited to.

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Post ID: @b2+1js4ww9hs

Find out who the head of India is, see how many reports they have. Subtract that from Charlie's total reports. It's not that difficult.

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Post ID: @as+1js4ww9hs

“ Starting in 2025 they stopped using the Cost Code we could look at for the numbers displaced at any given time.”

No one hid anything from you. A new year means new cost code melon farmer. You busy making your way out of that wet paper bag still?

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Post ID: @ar+1js4ww9hs

You forgot Philippines..that is around 12,000

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Post ID: @ah+1js4ww9hs

The "official" posted headcount in the earnings materials last week was 215k.

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Post ID: @af+1js4ww9hs

There is no end to layoffs. That’s what Chainsaw Charlie is known for.

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Post ID: @a9+1js4ww9hs

I think it’s because they are still not meeting the 1 billion dollar quote for the severance package .

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Post ID: @a8+1js4ww9hs

Shart here...

This is a moving target - we need to displace around 180k in the US and move the HQ to Hyderabad, right before my golden parachute and toilet are provided.

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Post ID: @a6+1js4ww9hs

How do you find the physical location numbers?

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Post ID: @a5+1js4ww9hs

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