Thread regarding Wells Fargo & Co. layoffs

On the edge? https://www.youtube.com/watch?v=sCSifxS5PRA We have trimmed our, ah, we had, we had, trimmed on the edges ....

We have trimmed our, ah, we had, we had, trimmed on the edges

Running the company very conservatively going into this environment. We have trimmed our, ah, we had, we had, trimmed on the edges started to be very careful with our, our, be very careful with our consumer lending practices and we had been in some conversation about loosening up some of those things that we have done. We have stopped doing that. We are looked at all our asset classes that we have lent to. We focus on higher companies.
[editors note] Faber goes into But you have done your share of layoffs. CS goes on with some “we have done this carefully” etc. Unfortunately this is behind a paywall. And my tv didn’t record it well (at 38:02 on squawk on the street.
https://www.youtube.com/watch?v=sCSifxS5PRA

by Anonymous
| 881 views | | 6 replies (last May 6, 2025) | Reply
Post ID: @OP+1jtgwwrsc
Comment! It's anonymous!

6 replies (most recent on top)

I refuse to listen to the S flowing from these exec hacks. I'm not typically anti-executive, or anti "1%", but this group is full of liars and incompetents who come to work every day with a single minded focus on eliminating the domestic employees. As executives, they can do that, and as an employee I can ignore them and their BS. FHY.

by Anonymous
| | Reply
Post ID: @dj+1jtgwwrsc

Why bother about Charlie interview? Use your time and energy to work on and practice yours.

by Anonymous
| | Reply
Post ID: @b4+1jtgwwrsc

the stuff he said after Faber confronted him on the layoff numbers was priceless. Yeah we had all these integrated units .... its fun to see un-tech people try to understand/speak tech. I think he is getting this stuff from BE... Definitely not TK?

by Anonymous
| | Reply
Post ID: @an+1jtgwwrsc

Man deserves an inoperable tumor at the base of his skull.

by Anonymous
| | Reply
Post ID: @ak+1jtgwwrsc

I listened to Charlie’s interview on CNBC this morning from what looks like a hotel lobby and can’t believe he actually said “we’re a simple company” going on to say WF ILis focused on the US, so it’s best for the US…except it’s not. Why don’t you tell the country where are those US jobs are going??? Couldn’t be the Philippines and India, could it???

by Anonymous
| | Reply
Post ID: @aj+1jtgwwrsc

He must be proud of that interview because it's on teamworks now.

by Anonymous
| | Reply
Post ID: @a5+1jtgwwrsc

Post a reply

: