Thread regarding Wells Fargo & Co. layoffs

WF has a record number of IT jobs posted

Interpret that information how you will, to me it speaks volumes.

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| 1620 views | | 9 replies (last March 28, 2022) | Reply
Post ID: @OP+1fUTPzwz

9 replies (most recent on top)

IT guy here. WF used to have a great reputation in the IT community. This was a company that people ASPIRED to join.

But it isn't that way anymore, and it hasn't been for quite some time.

Word gets around.

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Post ID: @4uqp+1fUTPzwz

Actively looking outside and hoping for a severance. Technology is a joke here.

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Post ID: @2afa+1fUTPzwz

We lost some software engineers today, no backfills allowed since they were layoffs. So now we're down about 60% from pre-layoffs and management, "Thinks we can do our job with even less."

Never mind that we can't cover all the work that's now being requested of us.

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Post ID: @1jbl+1fUTPzwz

@OP+1fdIejiT

Wells Fargo to hire 2200 Technologists and 1600 Software Engineers in 2022 - CTO Steve Hagerman
Wells Fargo is looking to hire 2,500 technologists into its tech organization in 2022. Among them, the bank is looking to hire 1,600 within software engineering.

Someone with access can post the full story from here:
https://www.businessinsider.com/wells-fargo-hiring-software-engineer-interview-process-recruiting-tech-candidates-2022-2

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Post ID: @1faj+1fUTPzwz

It’s almost like what they said a couple months is actually happening… weird

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Post ID: @1noe+1fUTPzwz

Lots of people leaving = lots of postings.

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Post ID: @imf+1fUTPzwz

All banks are spending billions over the next decade. Why do you think tech or data headcount are babied across industries. If you're in those area's at this bank your an id--t though you should look around, you can get a serious pay increase and have much better working conditions, hint hint perm remote.

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Post ID: @odu+1fUTPzwz

It's hard to attract talent when everyone knows to avoid your company.

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Post ID: @zsy+1fUTPzwz

I'm hoping to make it one more soon!

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Post ID: @alu+1fUTPzwz

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