Thread regarding Wells Fargo & Co. layoffs

How many people at the bank in the USA lose their job because of the consent order?

What would be a good estimate?

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| 1796 views | | 8 replies (last January 22, 2021) | Reply
Post ID: @OP+18Z81o4m

8 replies (most recent on top)

One too few based on the OP being here.

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Post ID: @3aji+18Z81o4m

yea everything here causes layoffs, these people dont know what they are doing, this being one of them

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Post ID: @2bwg+18Z81o4m

Agreed, the asset cap, consent order, and last minute action by the regulators probably created/saved thousands of jobs. Granted, 50% or more of them should be laid off once a BAU phase is reached, the restrictions are lifted, and Charlie willing, the company actually invests in their risk management technology.

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Post ID: @2jmh+18Z81o4m

The consent order has created a ridiculous number of new jobs to get ppl to come in and support all the requirements around it

It has been a job creator not a job k–ler

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Post ID: @1lrx+18Z81o4m

w-w-won't somebody think of the big banks? :(

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Post ID: @1slf+18Z81o4m

It will be because of corporate greed, not the consent order or the pandemic or anything else.

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Post ID: @1zvq+18Z81o4m

your question makes no sense

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Post ID: @1mbv+18Z81o4m

Broccoli cheddar soup

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Post ID: @1bmr+18Z81o4m

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