Thread regarding Wells Fargo & Co. layoffs

Compliance post removal

What was the post about the November 17th (I think it said 17th) lay-off for compliance removed? OP, mind posting again?

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| 2909 views | | 7 replies (last November 3, 2020) | Reply
Post ID: @OP+17JHnRhL

7 replies (most recent on top)

@ @1knt+17JHnRhL

Every single one of them are going. After the end of the year and with the reduced salary continuation plan. The entirety of SORM is redundant to second line functions because Home Lending, while it thinks it is special, it isn't and does not need to have its 'own' second line. That fatten pig is going to the butcher.

There, now stop posting this same questions in every other thread.

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Post ID: @1shp+17JHnRhL

Did the post mention status of SORM?

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Post ID: @1knt+17JHnRhL

Spans & layers is suspended until 2021. No sustainability when you blow up the org chart.

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Post ID: @wzq+17JHnRhL

Like Twitter, fake news being removed

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Post ID: @xna+17JHnRhL

Thank you both.

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Post ID: @cpr+17JHnRhL

A deputy compliance officer was mentioned by name in the post. I doubt that is allowed under the site rules.

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Post ID: @nmc+17JHnRhL

The post said folks in Risk Compliance should expect layoffs on 11/17 as they did not have their lists ready in time for the 10/27 round of layoffs. The post mentioned there could be more layoffs on 12/3. Finally, if i recall correctly the OP posited that managers with a SPOC of less than 7 FTE should start looking for bankers boxes to clean out their desk.....except for those that will be promoted to Director to be retained....

That's what i remember being said. I do not claim it is accurate only that it is what was said.

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Post ID: @srb+17JHnRhL

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