Thread regarding Wells Fargo & Co. layoffs

So this is the start of the big slaughter?

I think someone mentioned that 7/1 will be the start of the bloody slaughter.
Good luck everyone.

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| 3243 views | | 12 replies (last July 9, 2020) | Reply
Post ID: @OP+15JEMgT8

12 replies (most recent on top)

Does anyone have a clue if layoffs will hit WFAS too? I am new but so is my manager .

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Post ID: @8opu+15JEMgT8

Internal audit definitely struggling. Top guys are all new. The staff is legacy. They need some good problem solvers from other groups to come in. External talent alone is not going to cut it.

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Post ID: @1whu+15JEMgT8

Layoff notices are usually distributed the third Thursday of the month from what I've seen in the past.

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Post ID: @1tko+15JEMgT8

I didn't receive the email that everyone is getting in my group for July Midyear performance check-ins. Guess I don't need it?

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Post ID: @tiw+15JEMgT8

Yup internal audit has already begun consolidating roles. Expect all of these consolidations to be framed as trying to be consistent with peers.

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Post ID: @sas+15JEMgT8

I’ll let you in on a secret. People spout stuff on the internet that isn’t always true. I don’t think today is the day...

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Post ID: @kvx+15JEMgT8

New CAO David Owen has been put in charge of “efficiency and effectiveness”.

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Post ID: @qjb+15JEMgT8

Everyone in my group is hoping for a package.

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Post ID: @euc+15JEMgT8

Anyone else hoping to get a package, and be done with this place?

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Post ID: @tqs+15JEMgT8

What we’ve heard here is June through September. In the video someone posted Chainsaw says third or 4th quarter - definitely by year end.

These things tend to happen in waves. And then there’s the Coronavirus (PR) factor. So all we really know is that the 2nd half of this year is going to be a bloodbath.

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Post ID: @ars+15JEMgT8

God speed, everyone.

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Post ID: @fzb+15JEMgT8

Maybe it’ll be September 7th since after that there may be no more work from home for the masses. We shall see

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Post ID: @zeg+15JEMgT8

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