Thread regarding Wells Fargo & Co. layoffs

Mortgage division cuts 60

It seems Wells Fargo has no issues with laying people off this close to Christmas. In the past few week 60 people have been laid off from mortgage division.

Not sure what this means for other departments and if more layoffs will follow, but I honestly think this is a new low for the bank.

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| 1899 views | | 8 replies (last December 29, 2017) | Reply
Post ID: @OP+QJ6gTLu

8 replies (most recent on top)

More media coverage:

http://www.foxbusiness.com/markets/2017/12/14/wells-fargo-trims-staff-in-its-giant-mortgage-unit.html

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Post ID: @fdly+QJ6gTLu

Remember Trump owes Wells Fargo $300 million in loans so they're scratching one another's back.

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Post ID: @8cmo+QJ6gTLu

Yeah give raises to where the whole scandal began!

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Post ID: @8jpm+QJ6gTLu

Yes. The Trump tax plan cuts corporate tax rates from 35% to 20%, therefore some companies such as AT & T and Comcast are giving their employees a one time bonus of $1,000. Wells Fargo has decided to raise their minimum wage from $13.50 and $15.00.

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Post ID: @7mmh+QJ6gTLu

Cheap bastards! Gives raises to who? Everyone giving 1000 bonuses! This place makes me sick!

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Post ID: @7kqk+QJ6gTLu

Gotta cut expenses so Tim and his gang can get their multi-million dollar bonuses. PACA my a**

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Post ID: @4vaj+QJ6gTLu

https://www.housingwire.com/articles/42093-wells-fargo-lays-off-60-staff-members-from-mortgage-unit

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Post ID: @1rqd+QJ6gTLu

The Grinch who stole christmas should have laid off all the executives themselves.

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Post ID: @wsz+QJ6gTLu

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