Wells Fargo eliminated the assistant manager position and got rid of them. This happened this morning in Southern California.
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The only folks I know that have been let go are wipipl.
But I don't konw of that many who have been let go, TBH, that's why I'm here.
I think there may of been similarities to who was layed off. Was anyone a minority
@ilm, the company is not going to "fail".
We're still a Too Big to Fail bank.
It's just going to change.
It should fail, it deserves to fail, but it will be here as long as it has customers.
The OP was referring to branch assistant manager positions
Those are Engineering Associate Managers, not Assistant Managers...
guys this is like a sinking titanic, i would not stay on to be on a sinking ship; all signs are here the company is going to fail. Once you lost Federal approval your pretty much done.
Those people doing the layoffs wont be here that much longer than those who got the hammer already.
I don't know whether all Assistant Manager positions are being eliminated but 3 Engineering Assistant Managers I know were let go.
1 on Thursday 12/3 and the other 2 late November.
Truly no position is safe.