Thread regarding Wells Fargo & Co. layoffs

March 21 Layoffs

If you are impacted by today's layoffs, please comment below with title and location. (remote or hub.)

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| 5681 views | | 16 replies (last March 22, 2023) | Reply
Post ID: @OP+1lKybKQZ

16 replies (most recent on top)

Assistant to the Regional Manager….Scranton, PA

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Post ID: @1fze+1lKybKQZ

Today - Portfolio manager in the commercial real estate group, Washington DC

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Post ID: @1nba+1lKybKQZ

Technology, Charlotte, today

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Post ID: @fxm+1lKybKQZ

True, but the # is still a few hundred lower than yesterday...so I guess 60 days ago a bunch of people got canned.

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Post ID: @tyj+1lKybKQZ

@xcu+1lKybKQZ

No one is being laid off today. The head count numbers tomorrow will not reflect anything today.

Everyone who was given notice today will remain an employee for 60 days. After 60 days they will be officially laid off.

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Post ID: @zou+1lKybKQZ

Tech operations dsm

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Post ID: @sev+1lKybKQZ

The meeting wasn't for layoffs. Still here another day.

In SDI - remote in Charlotte.

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Post ID: @lll+1lKybKQZ

Yet another round today of a funeral-esque team meeting, announcing the layoffs and providing no clear details on strategy or what to expect going forward. Managers are powerless, unable to give remaining team members any incentives to show up each day.

I guess just be thankful you didn't lose your job? Everyone left at WF should be rubber stamped an Exceeds rating and given the optimal raise and bonus if eligible.

The only people happy these days seem to be the myopic brainless zombie workers.

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Post ID: @bup+1lKybKQZ

Confident that I'm on the same team as @awc

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Post ID: @dln+1lKybKQZ

This morning's headcount in Teamworks is 268,798. We'll see what it says tomorrow morning after the immediate zz's are factored out.

And then hopefully on Thursday, more people win the layoff lottery they're looking for, and again next Tuesday and next Thursday, and so on.

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Post ID: @xcu+1lKybKQZ

@ssz+1lKybKQZ
We can only fantasize!

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Post ID: @ulk+1lKybKQZ

I sincerely doubt there will be a mass layoff this week. The market instability vis a vis SVB and First Republic most likely led to a postponement until April of the large-scale downsizing. This is why Scotty P cancelled his company-wide cry-session on 3/23.

TLDR: Stay frosty, it's not coming until April.

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Post ID: @awc+1lKybKQZ

This is either a JPM troll or BOA shrill that’s making up this 3/21 rumor lol.

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Post ID: @guq+1lKybKQZ

Custodial Engineer. Des Moines IA

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Post ID: @yqq+1lKybKQZ

CEO / NYC

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Post ID: @ssz+1lKybKQZ

Was it today or March 23?

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Post ID: @plg+1lKybKQZ

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