Wells Fargo & Co. announced another round of layoffs in the Des Moines metro last week, more than doubling the number of workers at the banking giant who have lost jobs in central Iowa so far this year.
https://www.desmoinesregister.com/story/money/business/2022/07/05/wells-fargo-layoffs-jobs-cuts-des-moines-ankeny-employees/7810237001/
Can you imagine losing your job in Des Moines? What's that job market like?
"I do not understand WF lack of transparency we have under Charlie and co."
Which is why boards like these are useful. When normal channels of communications fail, employees will create their own.
Just mortgage processors, and their managers. They selected whole teams, refinance and purchase.
Who in Home Lending? Other than fulfillment. Policy? Please tell me they got rid of some of the id--t managers in Credit Policy.
I read that also, I believe those are the Des Moines folks that were a part of the 1000 processors laid of on June 22. Their last day to work was June 30. The Des Moines Register only reported the people living in their area and WF did not respond with comment. The layoff affected nationwide, I know of Arizona and Portland teams laid off. I do not understand WF lack of transparency we have under Charlie and co.
Good thing it was only 107 people instead of a lot of people.
all related to mortgage and only going to get worse for the home lending teams unfortunate