Thread regarding Wells Fargo & Co. layoffs

Layoffs today 4/29?

I have so heard of 2 FTEs out of IT and one senior manager out of business banking laid off today. Anyone else and from what Department?

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| 5291 views | | 24 replies (last May 3, 2021) | Reply
Post ID: @OP+1aBVISnZ

24 replies (most recent on top)

The folks who have been posting that WF is spreading out the layoffs are correct.

Every month we get comments like the ones on this post.... a few from this team, a few from that team.

From what I can infer is that every month there are a thousand or more people let go, in little bits here and there. WF is so big and spread out they can do this without drawing too much attention

Good luck everyone.

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Post ID: @4mtl+1aBVISnZ

I heard more to go.

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Post ID: @4mvt+1aBVISnZ

Wow, I remember when were giving incentives for Financial Crimes…

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Post ID: @4cet+1aBVISnZ

Were the Financial Crimes layoffs location-based?

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Post ID: @2xkj+1aBVISnZ

A lot of financial Crimes folks were laid off - presumably under Jim Te****r's umbrella.

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Post ID: @2zll+1aBVISnZ

Interesting that Financial Crimes were let go. No risk there!

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Post ID: @1dvi+1aBVISnZ

In IT I know that some.people from DNS team and some.that managed File and Print were let go. Apparently the decision was made over 1yr ago but was held until now

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Post ID: @1qmj+1aBVISnZ

We had 20 from our department let go yesterday. We were part of Financial Crimes in Des Moines

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Post ID: @1hth+1aBVISnZ

130 from financial crimes. Don’t know the number from IT. But heard quite a few.

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Post ID: @1eaz+1aBVISnZ

I was a very long time employee and got “displaced” today! As were 3 others I hear from same platform group. These jerks from chase getting rid of us. Why don’t they flatten their salaries and stop hiring more id--ts from chase in management positions. Annoying that they make these decisions with no regard of the impact to families. And to top it off they have you leave right after the ax drops and all they want to know is your email address to send you your package. At least I don’t have to deal with these id--ts and listen to them on calls anymore while they sip on their coffee. What goes around comes around REMEMBER THAT!!!!!!

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Post ID: @1qgs+1aBVISnZ

Financial crimes ops today for sure. They let all the good people in the non hub locations go and kept all the poor performers in the hub locations.

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Post ID: @1tdt+1aBVISnZ

So sorry to hear that more employees were laid off today. At least the job market is a LOT better now for new job hunting.

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Post ID: @1cjx+1aBVISnZ

Pretty bizarre coincidence if exactly 130 people were laid off from two different groups on the same day. Not saying it couldn't happen, but it makes one wonder if the signals got crossed in the rumor mill.

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Post ID: @1mzf+1aBVISnZ

another post says 4/30

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Post ID: @mxw+1aBVISnZ

me tinks me too got layed off but no understand manager communication not clear

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Post ID: @ceb+1aBVISnZ

Looks like these were targeted to be done last year, but were left out for some HR reasons and were now completed today.

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Post ID: @nbx+1aBVISnZ

I was let go today - I’m on the business side and in Des Moines. Lots of people in Des Moines got the axe today, I hear.

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Post ID: @nox+1aBVISnZ

I heard 130 in the financial crimes Dept

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Post ID: @xtd+1aBVISnZ

me too. waiting for that raise still

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Post ID: @sne+1aBVISnZ

what groups in IT have layoffs?

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Post ID: @mif+1aBVISnZ

Sorry to hear. Can you share the department’s?

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Post ID: @fql+1aBVISnZ

Which titles from IT were let go?

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Post ID: @mfq+1aBVISnZ

I heard 130 from IT were let go today

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Post ID: @fjy+1aBVISnZ

Yep. Today. No idea about headcount or anything, but I was let go and I am IT.

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Post ID: @pbd+1aBVISnZ

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