WF announced the closing of some 53 CDS offices with the plan to consolidate to two main hubs. The exact number of job losses hasn't been announced but expect some large cuts to staff as The CDS business is centralized
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Good all the financial services from WF are junk and CDS is a mess.
Car Dealer Services... So from what I was told... 52 branches will be closed. Buyers will get to work from home. Funding being centralized to Phoenix and Texas. funding will keep jobs for 6 mos. They do have option of moving to either.
I am in WFRS - what's CDS?
Also heard Credit buyers in auto division to be laid off tomorrow as well... no idea on where yet, but I'm going to guess California.