Thread regarding Wells Fargo & Co. layoffs

Massive must be taken in context and with a grain of salt.

To me if 1000 are let go today that is massive. Full stop. In the grand scheme of 260k+ employees at less than half a percentage it is not “a lot” of people. But any coordinated culling involving multiple groups occurring on specified dates is indeed massive. We’re not talking a handful of performance based layoffs. As has been mentioned this will be spread out but quite impactful on the whole.

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If you're the one affected it's massive to you. And we have to admit posters on here had the date right.

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