While some were notified of layoffs in July, the large-scale ramp up begins in August.
It's like a rollercoaster ride... the cranking sound you hear as you head to the peak of the scary ride is spans and layers changes and title changes in August.
Then, we'll experience the sheer drop-off Sept. through Nov., when layoff notices are at a fever pitch (WF wants 60-day periods complete by Jan. 1, 2021, so headcount is off the books in new year). The screams will be deafening when that plummeting (and pummeling) takes place.
Kind of what happened with our stock price, too.
Be kind to each other. Darkest days ahead at WF.