Thread regarding Wells Fargo & Co. layoffs

The control organization is being dismantled

If you work on a control team, your days are numbered. Work that can’t be automated by AI is being shifted to business accountability people. Huge effort to get rid of most controls. Nothing left for anyone to do.


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| 2 views | | 9 replies (last 1 day ago) | Reply
Post ID: @OP+1ktt7akxv

9 replies (most recent on top)

@d5 way to wish ill will on others. These people have lives and families to support. I would never wish you experience the stress of a layoff.

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Post ID: @13f+1ktt7akxv

If only someone probed the criminal level of waste in control programs. They are still pretending mindless admin is the number one priority of the company. Can’t wait for it to be dismantled.

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Post ID: @d5+1ktt7akxv

PD is bucking for another promotion

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Post ID: @cx+1ktt7akxv

Is this under Corp Risk?

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Post ID: @cf+1ktt7akxv

Further proof that no one on here knows what is going on...

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Post ID: @c6+1ktt7akxv

I think it’s an effort to make the controls better and more streamlined instead of the current clusterf-ck of controls on top of controls for one simple task.

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Post ID: @bn+1ktt7akxv

Will be cut by 50% before the end of 2027.

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Post ID: @bb+1ktt7akxv

don't control people have business accountability titles?

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Post ID: @ak+1ktt7akxv

You can say the same for every other group (in the US). The controls folks are actually the last to get this treatment. The consent orders etc. kept em around, but that's over now. Brush up the resumes.

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Post ID: @a3+1ktt7akxv

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