Thread regarding Wells Fargo & Co. layoffs

4/30 Layoff Day Discussion Board.

Ok, Tuesday is almost here: Who got the boot! List: Location/Position/Tenure

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| 6121 views | | 31 replies (last May 1, 2024) | Reply
Post ID: @OP+1si4O9nd

31 replies (most recent on top)

SALEM, OR Half of CCCS management and team leads were dispersed. Reps are all merging into the

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Post ID: @1hqr+1si4O9nd

120+ in Consumer Digital

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Post ID: @1djz+1si4O9nd

Des Moines had some let go in equipment finance from credit to account managers

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Post ID: @1gvt+1si4O9nd

Colleagues in Marketing Services campaign project mgt let go. Their team in now almost completely gone.

It's 4/30 and 60-day notice period ends 6/30, so earnings report for 2nd Qtr will look great.

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Post ID: @1qxu+1si4O9nd

@oil+1si4O9nd

The whole department at once?? I'm so sorry. I used to work with many of those folks. Bilingual collections was such a fun, tightly knit group here. Great people. Amazing servicing, and they'd work all buckets.

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Post ID: @ado+1si4O9nd

Bilingual collections in Barnhart. Hillsboro , OR.

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Post ID: @oil+1si4O9nd

In SDI it’s all remote who are too far from an approved location. Including director level. And a couple underperformers. Unfortunately too many great people.

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Post ID: @eaa+1si4O9nd

More than likely frontline bankers will be remote and reporting to other sites as a temp measure.

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Post ID: @rll+1si4O9nd

No CC Managers in Barnhart? What happens to the frontline bankers?

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Post ID: @wii+1si4O9nd

56 gone in Assurance and Monitoring/Home Lending this morning.

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Post ID: @gvb+1si4O9nd

Barnhart and Irving are no surprise, best of luck to everyone. I hope your next employer is the one you deserve.

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Post ID: @pqi+1si4O9nd

Strategy Digital and Innovation (SDI) took a huge hit today for many UX designers, all remote.

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Post ID: @ezz+1si4O9nd

remote manager in digital given the handshake. No hard feelings really, it’s been a good 10 years so on to the next chapter in life

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Post ID: @ned+1si4O9nd

It’s a bloodbath

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Post ID: @sva+1si4O9nd

I am off the stagecoach Mortgage Hub and this board bye everyone and good luck

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Post ID: @htm+1si4O9nd

Hub site home lending 60 let go

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Post ID: @hlw+1si4O9nd

Remote Manager in Digital with 28 years of service.

Started at First Union in March, 1996.

Absolutely loved it till the forced Merger with Wells. Ken Thompson was an outstanding CEO that was sc--wed by the circumstances. Golden West mortgages were never "toxic". Wells Fargo retained that portfolio and benefitted handsomely.

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Post ID: @qog+1si4O9nd

Irving TX hub being hit as well. From mgmt down.

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Post ID: @baw+1si4O9nd

Credit card customer service managers at Barnhart in hillsboro, Oregon are being let go one by one this morning. all managers and team leads were asked to report to the office today.

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Post ID: @vfb+1si4O9nd

No updates who the Boise people are yet. There probably a manager or two

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Post ID: @pcp+1si4O9nd

COO Strategy, got notice about 30 minutes ago

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Post ID: @hlv+1si4O9nd

15ish people in Billings that did Equipment Finance UCC’s just got escorted out.

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Post ID: @wjp+1si4O9nd

CT Mission Control at least 1 person

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Post ID: @khg+1si4O9nd

Glad to see the DSM bloodbath id--t is back right on queue.

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Post ID: @dnp+1si4O9nd

"Des Moines getting hit hard" guy is back. You have not been missed. Once there is something to actually talk about in Des Moines by people who are actually in Des Moines, we'll let you know. Until then pipe down "Des Moines getting hit hard" guy.

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Post ID: @tcs+1si4O9nd

A few more in Boise ECMO today

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Post ID: @vbb+1si4O9nd

Which teams in SDI?

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Post ID: @nfl+1si4O9nd

It’s started. Team members in SDI are already getting meetings. Seems 10am EST is the start

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Post ID: @jun+1si4O9nd

when you get back to your desk immediately out an out of office that indicates the powers that be decided to lay me off, good luck everyone.

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Post ID: @tdg+1si4O9nd

Post ID: @kcx

This question puts you at the front of the line, my friend. This is WF.

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Post ID: @mwe+1si4O9nd

Has anyone asked for their layoff to be postponed about 4weeks? Response?

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Post ID: @kcx+1si4O9nd

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