Thread regarding Wells Fargo & Co. layoffs

Mass layoffs today?

A ton of people I worked with have been laid off today

Any numbers on how big?


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| 31 views | | 12 replies (last April 16) | Reply
Post ID: @OP+1kp6zff0a

12 replies (most recent on top)

@fp I think the Zzzs just showed up today. It seems to be spread across several teams.

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Post ID: @ht+1kp6zff0a

Little over 300 people this round.

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Post ID: @hk+1kp6zff0a

In Risk, I know a compliance team lost 4 and they lost others previously. Several Sr Leads, Sr managers, and at least 1 director in IT&V

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Post ID: @h6+1kp6zff0a

@at Which teams had SAMs were there let go? I don’t see any in Audit that are newly zz’d. Maybe I’m looking on the wrong teams.

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Post ID: @fp+1kp6zff0a

@ba that would be nearly half the entire department. I had heard the cuts could be up to 400 which is crazy enough.

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Post ID: @dx+1kp6zff0a

Got let go from change management group. Talk was BS. I still wonder how it was determined who would be let go. Seems like favoritism. But thankful for the mental break from this dysfunctional, all over the place group.

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Post ID: @dg+1kp6zff0a

@at this is true, and I heard they are planning to cut 600 more auditors…

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Post ID: @ba+1kp6zff0a

We'll know exactly how many on Thursday.

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Post ID: @b4+1kp6zff0a

We had a team of 10 .. cut 3 so 30% of the team.. in compliance .. various locations..

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Post ID: @b3+1kp6zff0a

Hey dummy op post real details instead of speculation you fool

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Post ID: @b1+1kp6zff0a

Audit got hit at the Senior Manager level. I have heard it was about 15 total.

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Post ID: @at+1kp6zff0a

@OP which team? Risk? Compliance? Operation?

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Post ID: @aq+1kp6zff0a

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