Thread regarding Wells Fargo & Co. layoffs

Wells Fargo confirmed as the large user that’s been circling North Texas for massive office development

Interesting. I seem to remember this being denied by our C-Suite a year back. Which major operation is WFC looking to move to Texas?

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| 2021 views | | 18 replies (last August 2, 2022) | Reply
Post ID: @OP+1i03lRco

18 replies (most recent on top)

For Wells Fargo to be successful in Texas, the Indians are going to have to learn Spanish.

We're talking about IT Indians, not "Bow and Arrow" Indians.

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Post ID: @1clk+1i03lRco

There's no such thing as "the cloud". It's just another computer.

Well, there is a lot of vaporware....

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Post ID: @tlm+1i03lRco

Google and Microsoft have shared infrastructure buildings in Chicago and Dallas. That will have Wells Fargo infrastructure staff working in the same building with Google and/or Microsoft.

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Post ID: @cws+1i03lRco

Stop cheerleading you paid hack.

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Post ID: @dxu+1i03lRco

@pnd+1i03lRco

"So when a natural disaster occurs it takes out the workers along with the data center."

No. It is only one of many hubs, with more to come.

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Post ID: @goc+1i03lRco

Surely all the maternity leaves will result in a more efficient organization

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Post ID: @ayy+1i03lRco

"It also places workspace near the new data centers."

So when a natural disaster occurs it takes out the workers along with the data center.

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Post ID: @pnd+1i03lRco

It really wasn't a secretive plan. It was even talked about on this site last summer. The only thing Scharf denied was moving the corporate HQ from SF to Dallas. There is already a large WF presence in the Dallas area that will be consolidated into the new facility.

Wells Fargo/Wachovia had a history of not consolidating facilities after M&A. This is a clean up effort to reduce costs through consolidation of facilities. It also places workspace near the new data centers.

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Post ID: @ktl+1i03lRco

For those of us living in DFW, this isn’t news. DFW is one of the Hubs & they have been looking to consolidate offices and groups.

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Post ID: @zrf+1i03lRco

Hope their facilities have their own power generators.

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Post ID: @kmy+1i03lRco

Post ID: @kak+1i03lRco

The story you referenced (from 3 weeks ago) begins by saying it’s “Wells Fargo’s secretive plan”. I, too, remember Charlie denying it.

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Post ID: @shg+1i03lRco

WFC may or may not have flat out denied it, but they have been very tight lipped about it. Why else would WFC go to the trouble of disguising it internally under the ridiculous code name “Project Falcon”? Please.

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Post ID: @nja+1i03lRco

There's no such thing as "the cloud". It's just another computer.

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Post ID: @pzr+1i03lRco

What a surprise that WFC would want to force employees into one of the most repressive and backward states. Hating the worker isn't enough, they need to especially hate women too.

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Post ID: @ppi+1i03lRco

They already have a cloud. It’s called a mainframe.

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Post ID: @rrv+1i03lRco

It's all about the cloud.

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Post ID: @lqq+1i03lRco

It hasn't been denied by the executives. It is called Project Falcon. This has actually been public news. Wells Fargo already has many employees in the area.

https://therealdeal.com/texas/2022/07/06/kdc-real-estate-to-build-las-colinas-office-park-for-4000-workers/

They are building two new data centers there to open in a few years.

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Post ID: @kak+1i03lRco

Does Texas allow more H1B visas? I know they like to think of themselves as a separate country. 😂

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Post ID: @idw+1i03lRco

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