Thread regarding Wells Fargo & Co. layoffs

Will there be more layoffs before the end of the year?

I'm asking about any major rounds that might be planned. I believe the answer is no, but it wouldn't hurt to get confirmation.

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| 3161 views | | 12 replies (last November 29, 2022) | Reply
Post ID: @OP+1jQpGzHk

12 replies (most recent on top)

definitely a round in december. 1st or the 8th.

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Post ID: @6ysj+1jQpGzHk

WFB is littered with broken processes due to attrition and firings. I’m starting to think the “leaders” have no concept on how to pull this off. Buckle up

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Post ID: @5sqe+1jQpGzHk

Q4 is Prime Layoff Time. The savings they'll reap from not having to make annual 401k matches, and not having to pay out bonuses in Feb is a cherry that the "leadership" cannot resist.

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Post ID: @5lhf+1jQpGzHk

No, but next year people in non-hub locations will be told to relocate or resign. Can’t speak for all business groups, but definitely happening in Commercial Banking.

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Post ID: @3fkm+1jQpGzHk

How are there big cuts coming on risk teams when they are still hiring. I’m confused. I’m starting to think there will not be big layoffs.

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Post ID: @2lox+1jQpGzHk

First they want to see how many people leave after the 401k match (cheap ba$tards).

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Post ID: @2tfu+1jQpGzHk

@1ghc+1jQpGzHk

This would be LONG overdue

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Post ID: @1yuf+1jQpGzHk

Big cuts coming soon on the risk teams. A lot of dead wood to remove.

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Post ID: @1ghc+1jQpGzHk

Yes, I am planning to layoff only one person but I haven't told Charlie yet.

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Post ID: @imd+1jQpGzHk

No major rounds, more like a dripping faucet all year long.

They don’t want the bad pub of doing it all at once.

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Post ID: @ugw+1jQpGzHk

Yes, thelayoff is the definitive place for insider information. We've been made aware of 25 of the last three round of layoffs. All were accurate to within a year.

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Post ID: @kqj+1jQpGzHk

If we’re lucky babe. Either they should set us free or let us just work from home.

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Post ID: @slc+1jQpGzHk

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