Thread regarding Wells Fargo & Co. layoffs

No end to layoffs in 2025-2027

Slowly it’s going to be 30 and 70% offshore it’s AI + cost cutting!

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| 1803 views | | 6 replies (last March 12, 2025) | Reply
Post ID: @OP+1jnqn28rr

6 replies (most recent on top)

Agree with all this is ongoing. As more AI comes on board and “get rid of the fluff” which is more than half of the Tech jobs doing reporting, analytics and PM people that are young should be making sure you have gained skills that can be leveraged and not replaced by AI. finance, Business management, agile, risk i would be gauging for the future. I have 4 years left to retire and i can say i rest a little easier because i don’t have to worry. I might get displaced sooner even so i factor that in. For the young people that have 15, 20, 30 years left. Rethink your skills and brace yourself

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Post ID: @11w+1jnqn28rr

I quiet quit

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Post ID: @h3+1jnqn28rr

what is current % ?

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Post ID: @g6+1jnqn28rr

You don’t get it, they are not cutting or downsizing. They are expanding elsewhere, hiring more folks for less. Replacing US workforce with Offshore. That’s all.

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Post ID: @c0+1jnqn28rr

We need a 25% tax on all outsourcing

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Post ID: @bd+1jnqn28rr

Downsizing will never end. Especially with Shart in charge. It's a part of corporate life, but some CEOs have a personal vendetta against their own employees, and some simply have no other skills. Shart doesn't know how to do anything but cut. He's a complete one trick pony. He knows that when the cutting ends, the board will move on to a useful CEO, so he has 30 million reasons per year to keep getting rid of us until we're all gone.

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Post ID: @ba+1jnqn28rr

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