https://richmond.com/business/wells-fargo-to-lay-off-320-workers-at-its-brokerage-operations-unit-in-henrico-by/article_0c71f960-21de-5c46-9f5e-3e411a79fb40.html
Wow! Lets layoff the execs and CEO, no progress on getting cap lifted. Other CEO's that dont make progress within 3 years get canned, he better hurry up! That is industry standard
Looks like they are shutting down the branches in Virginia too
https://www.newsbreak.com/virginia/winchester/news/2160328279387/wells-fargo-closing-its-old-town-branch-in-downtown-winchester
Warn Notice for Wells Fargo
Notice Date: 01/21/2021
Impact Date: 03/21/2021
Employees Affected: 320
Company
Wells Fargo
8740 Research Drive, 2nd floor
Charlotte, NC 28215
Contact: Anita Steward (980) 201-7298
Type of Reduction
Layoff
Location
Glen Allen, VA
Central Region
Look saying another 8 billion cut in costs coming by layoffs, one of the comments said its the board and CEO that want to layoff more people during a global pandemic when they dont have to- greedy group!
https://www.charlottestories.com/wells-fargo-announces-massive-job-cuts-and-3-billion-quarterly-profit/
This is old news now. And this was part of the work that was overlapping across the company. There are a lot of overlapping workflows in WIM just like this was.
Looking for some advice, with all these regional office closures, are positions like the regional service adviser (not a financial or banking advisor, my responsibility is different, internal facing) positions going to go away? I haven’t heard much about this but this has me concerned.
@lsf+19ohvDqJ, yea your right, looks like the guy that said no layoffs had no clue!
Then the other guy was right the entire time that everyone called a liar
Wait, what about the thread where the OP heard from a OC member no layoffs till after shart is at congress. And the guy who called BS was then attacked for simply “lol”. Incredible what people fall for