Thread regarding Wells Fargo & Co. layoffs

WF Mortgage Layoffs

Do we know how many are slotted to be laid off and what the layoff schedule will be over the next few months?

by
| 2993 views | | 7 replies (last January 11, 2023) | Reply
Post ID: @OP+1kDTgJEU

7 replies (most recent on top)

My name is K K and I'm here to say
As a Wells Fargo Employee, it's ya last day
Turn in your laptop, badge, and gear
Then GTF on up outta here
Sorry if my lay-off rap's a bit irreverent
But we had to cut in half all y'all's severance

Word.

by
| | Reply
Post ID: @cjw+1kDTgJEU

The K K meeting will probably kick off with a new rap video about layoffs

by
| | Reply
Post ID: @ruu+1kDTgJEU

Please post about the K, K meeting

by
| | Reply
Post ID: @ojn+1kDTgJEU

Probably 80% or more of the fulfillment operations staff. But the overpaid clueless execs will all survive as usual.

by
| | Reply
Post ID: @xdh+1kDTgJEU

I heard most of Home Mortgage. With volume so low and people with nothing to do WF doesn't have any need for as many underwriters, processors, closers and funders that we have and some of this work has already been outsourced to the Philippines and India like everything else. Big meeting at 10:30 MST with Kristy and Kleber so we'll see what words of wisdom will be bestowed upon us.

by
| | Reply
Post ID: @gnw+1kDTgJEU

The clown car is double parked on Wall Street. 4th quarter Earnings will be announced on Friday the 13th - Oh my!

Chuckles can't wait to tell the investment community how wonderful he is and he didn't have to make 1 phone call to a distraught employee who can't afford to buy eggs anymore.

Apparently. Wall St likes the layoff news, stock is up a penny, score!

by
| | Reply
Post ID: @gap+1kDTgJEU

Most of Tech, from what I hear.

by
| | Reply
Post ID: @dwf+1kDTgJEU

Post a reply

: