Thread regarding Wells Fargo & Co. layoffs

San Francisco no longer a hub?

So they're not considering it a hub no more? I just read the post about the CRO mandy norton saying that risk people in SF must relocate?

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| 1661 views | | 8 replies (last June 5, 2020) | Reply
Post ID: @OP+15iB0XIx

8 replies (most recent on top)

This question has been asked prior here. Jobs have been moving to NC because of lower cost of living. Now with the CEO in New York he wants only the higher paying jobs in a NY hub to cover up the fact he's working remotely there.

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Post ID: @1kaq+15iB0XIx

Is their an official list of HUBs that we are focusing on going forward?

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Post ID: @1axl+15iB0XIx

It is a hub but not all LOBs choose all hubs. Technology is ok with San Francisco, but not all groups are (Risk?).

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Post ID: @1ngt+15iB0XIx
  • or NYC
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Post ID: @1dhd+15iB0XIx

It's apparent that they want to move headquarters out of SF to NC or cheaper east coast timezone.

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Post ID: @1mln+15iB0XIx

They are not asking people to relocate. They just aren’t posting new jobs in San Francisco unless they get an exception from the operating committee which is very difficult and you need to have a really good reason.

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Post ID: @xku+15iB0XIx

I'm in SF (I roll up to Van Beurden, not Norton) and personally I haven't heard that SF was no longer being considered a hub.

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Post ID: @cxk+15iB0XIx

That is what it sounds like. They are working on grandiose restructuring plans and gonna gut a bunch of real estate, people and locations! Look at Scarfs org chart, most of them are in NYC. See the writing on the wall?

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Post ID: @haa+15iB0XIx

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