Thread regarding Wells Fargo & Co. layoffs

Who else is getting the axe?

Anybody hear what other positions/titles are planning on being eliminated? I know the bank is taking heavy losses, but what about the other channels? Home office? Advisors? Many people keep talking about operations, then switch to compliance & risk, but they are not the same roles. Just wondering what the word is...management said they would be transparent, but of course are keeping tight lipped.

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| 3191 views | | 3 replies (last December 13, 2020) | Reply
Post ID: @OP+18neu1U3

3 replies (most recent on top)

Regional service advisors need to get the boot. Some are still employed here still even after the fraud scandal in 2016.

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Post ID: @1pva+18neu1U3

heck its all of them, no job safe! I am surprised more people stick around when its highly likely they will be gone soon.

I guess if they want to play Russian Roulette, may be good for them to stay

For me, i dont want to waste time so taking a new job to keep my career progressing

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Post ID: @hhh+18neu1U3

Management can only be as transparent as they are told to be. In matters related to HR, everything is kept close to the vest. It would not be in the best interest of the bank to start broadcasting which lines of business will suffer layoffs as that could cause a mad dash of resignations which could jeopardize the operations of the bank.

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Post ID: @ysn+18neu1U3

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