Wells Fargo executives said the bank will continue downsizing its workforce after shedding almost 50,000 jobs in a major cost-cutting effort that began three years ago.
https://www.bizjournals.com/tampabay/news/2023/10/16/wells-fargo-ceo-charlie-scharf-layoffs-cost-cuts.html
@1lyl+1p8lL4rz Did you hallucinate one of those comments in this thread too? 😂
The guy who believes everything he reads online is here, everyone. If you want an easy convert to scientology or mormonism or whatever.
The company openly admits 50,000 layoffs with more to come (the implication being another 30-50k) and yet every thread on here has trolls claiming layoffs haven't happened and aren't going to happen. Astonishing.
He means cost efficiency, not operational efficiency.
Charlie is a total piece of sh-t, like, period. End of story.
He only has one plan. Nothing else. Simply nothing else.
He complains the company is not efficient yet takes no responsibility despite being in his role for over 4 years. What a wimp and loser.
@agy It'll just be video kiosks with overseas reps on the other end.
What about the 20 new bank branches that he plans on opening up in the Chicago area next year?
F Charlie
“This company is not efficient — like period, end of story,” Wells Fargo CEO Charlie Scharf says.
For those asking “are there going to be more layoffs” the clear answer is Yes. & every area is open to cuts from his statement. 2024 will be just like 2023 but it appears accelerating the cuts. S@cks but this is the industry we are in.
What a piece of Sh!t!!! Collects his 32 million dollar bonus and cuts everything else!!!
The efficiency should start from him looking into the mirror and see what he did for the company. Families turns up and down with the decision.
F*ck Charlie
Charlie is the ultimate one-trick pony.
https://archive.fo/QKNsA