Thread regarding Wells Fargo & Co. layoffs

Severance packages

Anyone think they will be reduced as part of the $10b reduction in expenses?

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| 1613 views | | 3 replies (last August 13, 2020) | Reply
Post ID: @OP+16paZGIG

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They are not being reduced.

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Post ID: @1hgi+16paZGIG

I don't think they will be. Word on the street is folks will begin being laid off soon and to date the policy hasn't been changed from the current 2 weeks pay per year of employment.

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Post ID: @ilj+16paZGIG

No, at least not with relation to the 10bn number. The 10bn was annual costs.

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Post ID: @tnm+16paZGIG

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