Thread regarding Wells Fargo & Co. layoffs

All (almost) executives are all based in New York

Almost all including Charlie are based in NY. There is absolutely no communication of this that HQ is going to NY soon. We need an activist investor to unseat some powers here and bring WF profitable. Any activist investor here listening? Do comment

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| 1883 views | | 10 replies (last October 4, 2020) | Reply
Post ID: @OP+17e8EgkO

10 replies (most recent on top)

An "activist investor" would only care about ROI and not where HQ is located.

Scharf is a short timer, he's going to RIF Wells to profitiablity, not make Wells a well run company, which is what's actually needed.

The planned layoffs will help the bottom line but not fix the deeply rooted problems we have.

Incompetent management is the biggest problem in IT. We are missing the "T".

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Post ID: @2lwg+17e8EgkO

Well, they did just get a swanky new Hudson Yard office..,,

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Post ID: @2tlf+17e8EgkO

All the overpaid people out of nyc means more cuts to folks in IA, MN, AZ, NC

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Post ID: @1cav+17e8EgkO

maybe Alabama or Mississippi is better as they are cheaper real estate

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Post ID: @zpe+17e8EgkO

Regardless of it majority of c-suite is in my; that does not mean they will officially move the hq there. There’s more tax implications than just executive locations to consider

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Post ID: @xga+17e8EgkO

Only liberal sheep are left in NY, IMO

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Post ID: @uwg+17e8EgkO

Activist investor? Man, who do you think is here reading this stuff? Employees just like you trying to grab any piece of intel we can get. Activist investor my azz.

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Post ID: @ifu+17e8EgkO

What’s wrong with NY being the unofficial HQ? I don’t think they will make it official because of the Taxes. If they do decide to change HQ and get out of CA, it would most likely be N.C.

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Post ID: @jry+17e8EgkO

Marketing is still based in SF.

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Post ID: @wsj+17e8EgkO

The ones that are not might be on a short leash.

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Post ID: @fyy+17e8EgkO

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