Wells Fargo reportedly announced plans for its 10th round of layoffs since April, making it the latest U.S. company to reassess its headcount as employers fear the economy could slide into recession.
https://www.forbes.com/sites/brianbushard/2022/09/26/wells-fargo-reportedly-plans-staff-reductions-here-are-the-major-us-layoffs-this-year/?sh=11429e9326ea
So, here are some REAL numbers for those of you still in the dark. I was a manager in mortgage processing. We lost 200 people to layoffs in February, another 940 in July and that was just after a big portion of the processer's daily work load was shipped to India. Underwriters and closers were laid off in August and the layoffs continue to present day. Do the math. There are thousands of former WF American employees out of work while Charlie company continues to enrich India citizens. Charlie's misguided notion of a 'diverse' workplace, no doubt. None of our illustrious presidents have done anything to stop the flow of American jobs overseas. Both Obama and Trump promised to during their campaigns, a promise that fizzled out after they got into the oval office. Biden is so senile at this point that he can't even find his way off a bicycle and Harris? Those are 'her people' so don't expect any action from her either! I've been laid off since July. Per the stats on Indeed, I am just one in hundreds and in some cases, one in over a thousand applying for the same jobs and I'm sitting here reading these posts, shaking my head and wondering why Wells Fargo is still in business here in the states. If they love indians so much, why not just move the entire bank there?
I do not understand or have ever seen a company so tight lipped about the number of people laid off... we know its in the hundreds, perhaps over thousand laid off and hundreds transported over to servicing on "special projects"
Already happened.
A nothingburger.
"Wells Fargo reportedly announced plans to lay off 36 employees, bringing the bank’s total layoffs since April to more than 400, Iowa CBS affiliate KCCI reported, following the banking giant’s decision earlier this month to cut roughly 75 in its home mortgage division (Wells Fargo did not immediately respond to an inquiry from Forbes)."