There have been a bunch of layoffs in WFAM the last couple of weeks, including operations team members, and inside sales wholesalers. Other that it seems like this is the calm before the storm. Any one else hearing of layoffs yet in other areas? Charlie has to have something in the works given the last earnings call.
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There’s an article on advisor.com. 57 people were laid off from WFAM last week.
The senior member of operations that was let go was a team member who routinely pushed back on actions to ensure regulatory compliance. Pretty sure her departure was due to duplicative processes but it has been well overdue! Hope more of these big boxes get displaced. Will not miss her rude attitude and unwillingness to make things right
Congratulations!
I am glad I am getting out! Have a new role and will be done in a few days of this environment! Good luck to you all!
I wish they would hurry!!
Get used to it the company is in dire straits.