Thread regarding Wells Fargo & Co. layoffs

Sioux Falls

Anyone aware if this location is remaining so far? Expected to close?

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| 4671 views | | 20 replies (last March 20, 2024) | Reply
Post ID: @OP+1nWt2Aio

20 replies (most recent on top)

Wells Fargo in downtown Sioux Falls is closing for a couple of weeks because they do not have enough staff to run the bank. They should reopen in a couple weeks once new staff has been hired. Possible opportunity?

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Post ID: @3Hkxy+1nWt2Aio

@fwd

Why do you think it’s called “The Cloud”? Duh

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Post ID: @3wpoy+1nWt2Aio

What’s in Sioux Falls?

The firm's primary subsidiary is Wells Fargo Bank, N.A., a national bank that designates its Sioux Falls, South Dakota, site as its main office (and therefore is treated by most U.S. federal courts as a citizen of South Dakota).[8]

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Post ID: @3whzv+1nWt2Aio

The email we received three weeks ago said within 2 to 4 years WF will close all operations in Sioux Falls, leaving a couple branches only.

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Post ID: @3tbqp+1nWt2Aio

I work in Sioux Falls. Most of Wells Fargo undeliverable mail is returned to Sioux Falls. A team of 100 people processes millions of pieces of returned mail every year. In 2020, Sioux Falls had 4 operation buildings. At the end of 2023, there will be only 1 operation building left. There is phone bankers, executive office, fraud and financial crimes.

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Post ID: @2wad+1nWt2Aio

"The Sioux Falls data center's future is uncertain due to a COO executives dissatisfaction with its cost, location, and staff. There's talk about building a new facility on the east coast, but it's a costly endeavor..."

All core/regional DC's are slated for closure. The only DC's that will be around are 2 on east cost and 2 in that rather large state that has a cowboy as a mascot for the football team.

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Post ID: @1awm+1nWt2Aio

I've never been there, but know some people who work there. They're good, hard-working, salt-of-the-earth people who deserve better.

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Post ID: @1fhq+1nWt2Aio

@lwk

Do you think the cloud is hosted on satellites?

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Post ID: @fwd+1nWt2Aio

If it's a data center, consider it gone by 2025. They are all going away and I to the cloud. There's also card services in Sioux Falls. You'll notice that your credit and debit cards come from Sioux Falls.

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Post ID: @kiy+1nWt2Aio

Why build new data centers? Isn’t that what the cloud is for?

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Post ID: @lwk+1nWt2Aio

No word on bank branches. But, most operations there now will be moved out in 2024. A lot of loyal long term employees will be displaced.

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Post ID: @uaj+1nWt2Aio

People on here can be such jerks.

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Post ID: @ziq+1nWt2Aio

The Sioux Falls data center's future is uncertain due to a COO executives dissatisfaction with its cost, location, and staff. There's talk about building a new facility on the east coast, but it's a costly endeavor. Ultimately, the decision rests with the COO leaders. Given the situation's volatility, employees in similar facilities nationwide should keep a close watch on developments.

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Post ID: @vol+1nWt2Aio

Sioux Falls is HQ for the primary subsidiary Wells Fargo Bank, NA

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Post ID: @etz+1nWt2Aio

expected to close

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Post ID: @sxg+1nWt2Aio

Which building?

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Post ID: @wdz+1nWt2Aio

You’d be better off asking your dog that question. The answer would be more accurate than what you’ll get here.

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Post ID: @oam+1nWt2Aio

Heard Charlie is gonna move the headquarters there.

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Post ID: @xfo+1nWt2Aio

What is there?

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Post ID: @lpj+1nWt2Aio

What is in Souix falls?

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Post ID: @jdt+1nWt2Aio

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