Thread regarding Wells Fargo & Co. layoffs

Those who left for Ally are at risk

Many colleagues went to Ally. One of my well-respected peers did less than a year ago and was just laid off. Another had offer rescinded last week.

I'd hoped Ally might be a Plan B option. Oh, well...

https://www.qcnews.com/news/local-news/ally-bank-layoffs-could-impact-charlotte-workers/

by
| 2105 views | | 11 replies (last October 7, 2023) | Reply
Post ID: @OP+1oXXa4rc

11 replies (most recent on top)

Nobody is saying the sky is falling, just giving you opportunities to look at the economic statistics so you can think for yourself.

by
| | Reply
Post ID: @1cya+1oXXa4rc

People have been saying the sky is falling (aka: "The economy will get worse and worse until the next crash happens ... or The economy is rolling into a recession) since the beginning of time. Fact is unless you have a Devine crystal ball, you are full of sh*t.

by
| | Reply
Post ID: @1jgp+1oXXa4rc

Looks like the saturday morning crankposting has started

by
| | Reply
Post ID: @1xvs+1oXXa4rc

The government statistics show companies are creating more new jobs, but it doesn't tell us those new jobs are actually being created in India.

by
| | Reply
Post ID: @1evh+1oXXa4rc

Bidenomics

by
| | Reply
Post ID: @1yps+1oXXa4rc

The government has been encouraging more outsourcing...

"Modi, Biden pledge to deepen India-U.S. partnership as world leaders descend on Delhi for G20 summit"

https://www.cnbc.com/2023/09/08/modi-biden-india-us-g20.html

by
| | Reply
Post ID: @1rli+1oXXa4rc

OP can you share what general area of WF did this person leave for Ally?

  1. e. technology person, mortgage sales or processing, sales etc.
by
| | Reply
Post ID: @1qlz+1oXXa4rc

Much rather be at WFC when the recession hits

by
| | Reply
Post ID: @1dgq+1oXXa4rc

The economy will get worse and worse until the next crash happens in 2026:

https://www.dailymail.co.uk/yourmoney/property/article-12446057/Why-house-prices-set-soar-two-years-CRASH-claims-expert-accurately-predicted-property-market-collapse-2008-1990s.html

It actually makes sense, the inflation keeps getting worse, interest rates keep rising, the recession getting worse, corporations keep downsizing, many employees losing jobs, then housing foreclosures will follow a couple of years later.

by
| | Reply
Post ID: @cze+1oXXa4rc

They would have got fired here too, unless they are in I&P.

by
| | Reply
Post ID: @wsf+1oXXa4rc

The economy is rolling into a recession despite what the media says. It’s going to get really bad!

by
| | Reply
Post ID: @hdq+1oXXa4rc

Post a reply

: