Thread regarding Wells Fargo & Co. layoffs

Possibility of ten thousand jobs cut

Who will be left at Wells, I wonder?

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| 2807 views | | 8 replies (last August 26, 2020) | Reply
Post ID: @OP+16Ctcgkc

8 replies (most recent on top)

Who will be left you ask? WAY to MANY.

Over 200,000.

WF spends more time it seems worrying about bonuses and their many “social” justice clubs than customer service and creating shareholder value.

An executive told me that shareholders don’t matter any more.

I say fire 100,000 and cut pay for the rest.

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Post ID: @1tky+16Ctcgkc

80-90000 is the number. They want to get to 160k employees not to mention 30k in India. Heard Global Sanctions/ wires/ going there. Philly a has been as far as those up there.

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Post ID: @dgc+16Ctcgkc

Not only is IT off-shored, they are also off-shoring Finance. They moved IT support from Manila to India because India is cheaper. I've been on a call with a Financial Analyst who was in India.

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Post ID: @qzg+16Ctcgkc

Charlie Scharf and his merry band of “transformation artists”!

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Post ID: @llu+16Ctcgkc

10,000 in one state maybe. Im guessing 35,000 - 55,000

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Post ID: @fec+16Ctcgkc

Newly hired, low paid employees.

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Post ID: @seq+16Ctcgkc

It’s going to at least 5 times your number

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Post ID: @zhe+16Ctcgkc

the other 250,000

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Post ID: @rck+16Ctcgkc

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