Thread regarding Wells Fargo & Co. layoffs

11 replies (most recent on top)

Maybe I need to get a "twas the night after christmas...." ready...

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Post ID: @hx+1kc514yns

Only in India

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Post ID: @hq+1kc514yns

It will be great to get the last gold ticket. Rumor is no more severance next year.

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Post ID: @dj+1kc514yns

Done for 2025, see you in January

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Post ID: @cd+1kc514yns

@am Yes. I, and millions of other people, believe we're already in a recession. Just because the backward-looking NBER hasn't officially called it, doesn't mean it isn't already here. Name another time when over a million job losses occurred without a recession.

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Post ID: @b6+1kc514yns

@am

About half the states are in or near a recession

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Post ID: @b4+1kc514yns

@a3 you think we're in a recession right now?

The job market is tight, but that doesn't mean we're in a recession.

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Post ID: @am+1kc514yns

Layoffs will continue to happen for the short term gains.
Our leadership is neither clever or innovative.
The only thing CS knows is to sell off parts of the bank and cut cost (employees)

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Post ID: @af+1kc514yns

No. The 16th instead.

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Post ID: @a7+1kc514yns

That would be the best Christmas present I could get. Being freed from this he-l for a year.

And before you start with the "we're in a recession, jobs are hard to find" FUD, the average US recession lasts 18 months, and we're at least 4 months into this one, meaning my max severance would last me long enough to hit the start of the rebound.

That is, unless he makes it worse, which he probably will.

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Post ID: @a3+1kc514yns

Well, I wouldn’t say it’s definitely not happening that week… sources are telling me it’s looking extremely likely, unless of course something changes, which it probably won’t, but you never know. So yeah, probably. No comment on whether it’s not not happening then. Hope that clears things clear.

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Post ID: @a2+1kc514yns

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